Top 7 Flexi Cap Mutual Funds With Highest SIP Returns in 3 Years: No. 1 fund has converted Rs 16,666 monthly investment into Rs 10,34,898; check out what others have done
Top 7 flexi cap mutual funds with highest SIP returns in 3 years: Flexi cap mutual funds invest in large, mid, and small cap stocks. They need to have at least 65 per cent of their investments in equity. The flexi ap category has given 36.08 per cent annualised SIP returns in 1 year, 15.18 per cent in 3 years, 18.46 per cent in 5 years, and 13.81 per cent in 10 years.
Top 7 flexi cap mutual funds with highest SIP returns in 3 years: When we invest our money in large, mid, and small cap mutual funds, there is always a fear that either of the caps can perform poorly in the short or long term. It can also hit our financial planning. Sometimes, it is also not easy to switch funds for lack of time or a proper strategy. But what if one fund has all three caps in it, and the fund manager has the freedom to replace stocks that are performing poorly with the one perming well? The flexi cap mutual fund category provides that flexibility. In a flexi cap mutual fund, the fund manager can invest in large, mid, and small cap companies of any market capitalisation. There is not a fixed proportion of either of the caps, so the manager can increase or decrease the volume of one cap depending on its performance. As per Securities Exchange Board of India's (Sebi) classification of mutual funds, the flexi cap mutual fund category needs to have at least 65 per cent of their investments in equity. The category has given 36.08 per cent annualised SIP returns in 1 year, 15.18 per cent in 3 years, 18.46 per cent in 5 years, and 13.81 per cent in 10 years, as per Value Research data. In this write-up, learn about the top 7 flexi cap mutual funds with highest annualised SIP returns in the 5-year time frame. Also know how Rs 16,666 monthly SIP investment in each fund has performed in each of them.
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JM Flexicap Fund - Direct Plan
The mid cap index fund has given 38.78 per cent annualised SIP returns in the 3-year period.
It has assets under management (AUM) of Rs 4,531 crore, while its net asset value (NAV) is Rs 119.3719.
Benchmarked against BSE 500 TRI, the fund given 19.91 per cent annualised returns since its launch in January 2013.
JM Flexicap Fund - Direct Plan
At an expense ratio of 0.42 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP in the fund in 3-year time frame, or a total investment of Rs 5,99,976, has turned into Rs 10,34,898.
Invesco India Focused Fund - Direct Plan
The fund has given 38.06 per cent annualised SIP returns in the 3-year time frame.
It has AUM of Rs 3,298 crore, while its NAV is Rs 30.4100.
Benchmarked against BSE 500 TRI, the fund given 31.13 per cent annualised returns since its debut in September 2020.
Invesco India Focused Fund - Direct Plan
With an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP in the fund has jumped to Rs 10,25,310 lakh in 3 years.
Bank of India Flexi Cap Fund - Direct Plan
The fund has given 34.84 per cent annualised SIP returns in 3 years.
It has AUM of Rs 1,918 crore, while its NAV is Rs 38.6600.
Benchmarked against BSE 500 TRI, the fund given 36.37 per cent annualised returns since its inception in June 2020.
Bank of India Flexi Cap Fund - Direct Plan
At an expense ratio of 0.48 per cent, the fund has Rs 1,000 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP in the fund has jumped to Rs 9,83,403 in the 3-year time frame.
Motilal Oswal Flexi Cap Fund - Direct Plan
The fund has given 35 per cent annualised SIP returns in the 3-year period.
It has AUM of Rs 12,564 crore, while its NAV is Rs 67.2448.
Benchmarked against NIFTY 500 TRI, the fund given 19.83 per cent annualised returns since its beginning in April 2014.
Motilal Oswal Flexi Cap Fund - Direct Plan
With an expense ratio of 0.86 per cent, the fund has Rs 500 as the minimum SIP and lump sum investment each.
A Rs 16,666 monthly SIP in the fund has converted into Rs 9,85,409 in 3 years.
HDFC Focused 30 Fund - Direct Plan
The fund has given 31.9 per cent annualised SIP returns in the 3-year time frame.
It has an asset base of Rs 15,109 crore, while its unit price is Rs 247.9050.
Benchmarked against NIFTY 500 TRI, the fund given 16.56 per cent annualised returns since its starting in January 2013.
HDFC Focused 30 Fund - Direct Plan
At an expense ratio of 0.53 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 16,666 monthly SIP in the fund has jumped to Rs 9,46,105 in the 3-year period.
ICICI Prudential Retirement Fund - Pure Equity Plan - Direct Plan
The fund has given 32.43 per cent annualised SIP returns in 3 years.
It has AUM of Rs 1,035 crore, while its unit price is Rs 33.5900.
Benchmarked against NIFTY 500 TRI, the fund given 23.70 per cent annualised returns since its launch in February 2019.
ICICI Prudential Retirement Fund - Pure Equity Plan - Direct Plan
With an expense ratio of 0.73 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 16,666 monthly SIP in the fund has jumped to Rs 9,52,757 in the 3-year time frame.
HDFC Flexi Cap Fund - Direct Plan
The fund has given 31.05 per cent annualised SIP returns in the 3-year period.
Its AUM is Rs 66,225 crore, while its NAV is Rs 2,073.6310.
Benchmarked against NIFTY 500 TRI, the fund given 17.82 per cent annualised returns since its inception in January 2013.
HDFC Flexi Cap Fund - Direct Plan
At an expense ratio of 0.77 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 16,666 monthly SIP in the fund has jumped to Rs 9,35,431 in 3 years.