Top Flexi Cap SIP Mutual Fund vs Top Multi Cap SIP Mutual Fund in 3 years: Which has given higher returns on Rs 16,666 monthly SIP?
Top flexi cap fund vs top multi cap SIP mutual fund in 3 years: In terms of annualised SIP returns, JM Flexicap Fund - Direct Plan is the top flexi cap mutual fund in 3 years. Nippon India Multi Cap Fund - Direct Plan is the top flexi cap SIP mutual fund in the 3-year time frame.
Top flexi cap fund vs top multi cap SIP mutual fund in 3 years: Flexi cap mutual funds and multi cap mutual funds are much alike. They have large cap, mid cap and small cap stocks in their portfolio, and the fund manager can change the composition of either three. The basic difference is that while flexi cap mutual funds need to have 65 per cent of their investments in equity and equity-related instruments, multi cap mutual funds need to have 75 per cent of their investments in equity and equity-related investments, as per classification of mutual funds by Securities Exchange Board of India (Sebi). In this write-up, know more about both categories, top mutual funds in either category, and which of the two has given higher returns on Rs 16,666 monthly SIP, or Rs 2 lakh investment a year, in the 3-year period.
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What are flexi cap mutual funds?
Flexi cap mutual funds are those that can invest money in the stocks of any market capitlaisation, specially large, mid, and small cap stocks. They can have these stocks in any proportion. So, if small cap stocks are not performing well, the fund manager can shift their investments to mid cap and large cap stocks. If large cap and mid cap stocks are underperforming, the fund manager can invest more in small cap stocks.
In the flexi cap mutual fund category, the stocks with the specified market cap are available for the fund manager to select.
What are multi cap mutual funds?
Multi cap mutual funds can have 75 per cent of their investments in equity and equity-related instruments. They need to maintain a minimum 25 per cent allocation of their portfolio in large, mid, and small cap companies. The fund manager in this category can select any stock and market capitalisation. Due to its exposure to mid cap and small cap, the category is riskier than the large cap mutual fund category. But if held for 5-7 years, flexi cap mutual funds can provide good returns.
Top flexi cap SIP mutual fund in 3 years
In terms of annualised SIP returns, JM Flexicap Fund - Direct Plan is the top flexi cap mutual fund in 3 years.
Top multi cap SIP mutual fund in 3 years
Nippon India Multi Cap Fund - Direct Plan is the top flexi cap SIP mutual fund in the 3-year time frame.
JM Flexicap Fund - Direct Plan
The fund has had 42.44 per cent annualised SIP returns in the 3-year period. It has assets under management (AUM) of Rs 3,855 crore, while its net asset value (NAV) is Rs 120.7331.
JM Flexicap Fund - Direct Plan
Benchmarked against BSE 500 TRI, the fund has given 20.34 per cent annualised returns (CAGR) since its inception in January 2013.
With an expense ratio of 0.39 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
JM Flexicap Fund - Direct Plan
Benchmarked against BSE 500 TRI, the fund has given 20.34 per cent annualised returns (CAGR) since its inception in January 2013.
With an expense ratio of 0.39 per cent, the fund has Rs 100 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
JM Flexicap Fund - Direct Plan
The fund has 97.99 per cent of its investments in equity and 2.01 per cent in cash and cash equivalents.
In a portfolio of 66 stocks, the fund has REC, HDFC Bank, Infosys, Larsen & Toubro, and ICICI Bank as the main holdings.
Nippon India Multi Cap Fund - Direct Plan
The fund has given 37.05 per cent annualised SIP returns in the 3-year period.
It has an asset base of Rs 38,115 crore, while its NAV is Rs 324.1346.
Nippon India Multi Cap Fund - Direct Plan
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 18.41 per cent annualised return since its inception in January 2013.
At an expense ratio of 0.75 per cent, the fund has Rs 100 as the minimum lump sum and SIP investment.
Nippon India Multi Cap Fund - Direct Plan
The fund has 97.95 per cent of its investments in equity, while 2.05 per cent of its investments are in cash and cash equivalents.
In a portfolio of 110 stocks, the fund has HDFC Bank, ICICI Bank, Infosys, Reliance Industries Limited, and Linde India as the main holdings.
Top flexi cap fund vs top multi cap mutual fund: Which has given higher return on Rs 16,666 monthly SIP in 3 years
A Rs 16,666 monthly SIP in JM Flexicap Fund - Direct Plan in 3 years, or Rs 5,99,976 overall, has grown to Rs 10,84,176.
Top flexi cap fund vs top multi cap mutual fund: Which has given higher return on Rs 16,666 monthly SIP in 3 years
A Rs 16,666 monthly SIP in Nippon India Multi Cap Fund - Direct Plan has turned into Rs 10,11,896.