Top Flexi Cap vs Top Multi Cap Mutual Fund 3-year SIP return Calculator: Know which has given higher return on Rs 33,333 monthly SIP investment?
Top flexi cap vs top multi cap mutual fund 3-year SIP return: The common ground between flexi cap mutual funds and multi cap mutual funds is that both can have large, mid, and small-cap stocks in their portfolios. Yet there is a fundamental difference, and hence they are segregated. In either cap, the fund manager can shift investments from one cap to another cap depending on market conditions.
Top Flexi Cap vs Top Multi Cap Mutual Fund 3-year SIP return Calculator: When selecting mutual funds, investors need to decide the cap—large, mid, or small—they want to invest in. Many equity fund categories may have a bias for a particular cap. But flexi and multi cap are unique categories that are mandated to have all 3 caps, large, mid, and small. During market volatility, when large, mid, or small cap index slips, inflows in flexi or multi cap most likely see high inflows. But if both have large, mid, and small cap stocks in their portfolios, what's the difference between them, and which of the best performing funds from either category has given a higher SIP return in 3 years? Know here-
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What are flexi cap mutual funds?
Flexi cap funds need to have 65 per cent of their investments in equity or equity-related instruments, as per Securities Exchange Board of India's (Sebi) categorisation for mutual funds. They can invest in large, mid, and small stocks of any market cap company. There is no restriction to maintain a percentage of either of the cap. The fund manager can shift funds from non-performing cap to performing-cap stocks.
What are flexi cap mutual funds?
This provides the manager the flexibility to make the most of market conditions. Since the manager has the freedom to shift funds, the flexi cap category is less volatile than multi cap. The flexi cap category is suitable for investors with long-term investment horizon.
What are multi cap mutual funds?
Multi cap mutual funds need to have at least 75 per cent of their investments in equity or equity-related instruments, as per Sebi's classification. But the main difference between it and flexi cap funds is that multi caps need to have at least 25 per cent large, mid, and small cap stocks each in their portfolio.
What are multi cap mutual funds?
Beyond that, the fund manager can pick either cap. However, most multi caps are large cap-heavy. Since the manager needs to maintain a minimum percentage of either cap, these are more aggressive and volatile than flexi caps.
Top flexi cap mutual fund with best SIP return in 3 years
The top-performing flexi cap mutual fund in terms of highest annnualised SIP return has been Invesco India Focused Fund - Direct Plan.
Top multi cap mutual fund with best SIP return in 3 years
The top multi cap mutual fund with highest annualised SIP return is Kotak Multicap Fund - Direct Plan
Invesco India Focused Fund - Direct Plan
The fund has given 39.41 per cent annualised SIP return in the 3-year time frame.
It has assets under management (AUM) of Rs 3,443 crore, while its net asset value (NAV) is Rs 31.4000.
Invesco India Focused Fund - Direct Plan
Benchmarked against BSE 500 TRI, the fund has given 31.27 per cent annualised return since its debut in September 2020.
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.
Invesco India Focused Fund - Direct Plan
The fund has 93.64 per cent of its investment in equity and 6.36 per cent in cash and cash equivalents.
In a 20-stock portfolio, the fund has ICICI Bank, HDFC Bank, Infosys, Dixon Tech, and Varun Beverages as the main holdings.
Kotak Multicap Fund - Direct Plan
The fund has given 35.56 per cent annualised SIP return in 3 years.
It has a fund size of Rs 15,816 crore, while its unit price is Rs 20.4350.
Kotak Multicap Fund - Direct Plan
Benchmarked against Nifty 500 Multicap 50:25:25 TRI, the fund has given 24.98 per cent annualised return since its inception in September 2021.
Kotak Multicap Fund - Direct Plan
At an expense ratio of 0.38 per cent, the fund has Rs 100 as the minimum SIP and lump sum investment each.
The fund's 96.19 per cent investments are in equity, while 3.33 per cent and 0.48 per cent are in cash and cash equivalents and debt, respectively.
Value of Rs 33,333 monthly SIP investment in 3 years in Invesco India Focused Fund - Direct Plan
A Rs 33,333 monthly SIP investment in 3 years, or a total investment of Rs 11,99,988, in he fund has grown to Rs 20,85,734.
Value of Rs 33,333 monthly SIP investment in 3 years in Invesco India Focused Fund - Direct Plan
A Rs 33,333 monthly SIP investment in 3 years has converted into Rs 19,84,738.