Published: Monday, June 12, 2023, 16:21 [IST]
Here are the top performing five flexi cap funds based on the Crisil ratings. These funds have all outperformed the S&P BSE 500 TRI index return of 26.13% and category returns of 24.72% over the past 3 years.
1. Parag Parikh Flexi Cap Fund – Direct Plan
This mutual fund has 83.57% investment in equity, 13.22% in debt and 3.21% in cash and cash equivalents. Among equity holdings, it has an exposure of 18.62% to foreign equity holdings.
3-year return: 28.38%
5-year return: 18.78%
Crisil rating: Not rated, as it has high foreign equity exposure.
2. HDFC Flexi Cap Fund – Direct Plan
This is one of the top performing funds in the category which has 93.93% investment in domestic equities of which 69.89% is in large cap stocks, 9.06% is in mid-cap stocks, and 4.5% is in small cap stocks.
3-year return: 32.75%
5-year return: 15.51%
Crisil rating: 5-star rating or Rank 1
3. PGIM India Flexi Cap Fund – Direct Plan
The fund has 96.84% investment in domestic equities of which 49.06% is in large cap stocks, 17.06% is in mid-cap stocks and 9.81% in small cap stocks. The fund has 0.19% investment in debt, of which 0.19% is in government securities.
3-year return: 29.92%
5-year return: 17.22%
Crisil rating: 4-star rating or Rank 2
4. Franklin India Flexi Cap Fund – Direct Plan
This mutual fund has 83.57% investment in equity, 13.22% in debt and 3.21% in cash and cash equivalents. Among equity holdings, it has exposure of 60.9% in large cap stocks, 13.01% in mid-cap stocks and 6.81% in small cap stocks.
3-year return: 28.67%
5-year return: 13.31%
Crisil rating: 4-star rating or Rank 2
5. Edelweiss Flexi Cap Fund – Direct Plan
The fund has 97.28% investment in domestic equities of which 64.12% is in large cap stocks, 14.75% is in mid-cap stocks and 8.57% is in small cap stocks.
3-year return: 28.06%
5-year return: 13.98%
Crisil rating: 4-star rating or Rank 2
Flexi cap funds are suitable for investors who are looking to invest money for at least 3-4 years and looking for high returns. At the same time, these investors should also be ready for the possibility of moderate losses in their investments.
It is important to note that past performance is not a guarantee of future results. When choosing a flexi cap fund, it is important to consider your investment goals, risk tolerance, and time horizon. You should also do your own research and compare different funds before making a decision.
Also note that flexi cap funds are a type of equity fund, which means they are subject to market risk. Your investment may lose value.
Disclaimer
Mutual fund investments are subject to market risk. This write-up is purely informational and doesn’t guarantee any return. Greynium Information Technologies and the author will not be liable for any losses caused as a result of a decision based on this write-up.