Know Two Flexi Cap Mutual Funds having SIP returns of Above 44%

Flexi-cap equity funds invest at least 65 percent of their total assets in equity investments, with no explicit limits on how much exposure they should have to large-cap, mid-cap, or small-cap segments. These can change market cap allocations according to the fund manager’s predictions. These two Flexi-cap mutual funds have provided returns of nearly 44 percent on SIP investments.

Direct Plan-Growth Parag Parikh Flexi Cap Fund

PPFAS Mutual Fund launched this Flexi-cap fund on May 28, 2013. It’s a medium-sized open-ended high-risk open-ended fund. Since its inception, the fund has averaged 19.42 percent annual returns. The fund’s assets under management total Rs.21768.48 crores (AUM). This fund’s NAV as of the 06th of May 2022 is Rs.49.0081. The cost ratio of the fund is 0.79 percent, which is near to the category average but lower than the average. Value study gives the fun a five-star rating.

The fund is invested in equities to the tune of 66.44 percent, with 44.3 percent in large-cap companies, 3.83 percent in mid-cap stocks, and 12.07 percent in small-cap stocks. The Financial, Services, Technology, Consumer Staples, and Automobile sectors account for the majority of the fund’s holdings.

Direct Plan-Growth PGIM India Flexi Cap Fund

The PGIM India Mutual Fund launched this Flexi-cap fund on March 4, 2015. It’s a medium-sized open-ended high-risk open-ended fund. It has averaged 14.61 percent yearly returns since its inception. The fund’s assets under management is Rs.4,082.87 crores (AUM). This fund’s NAV as of the 06th of May 2022 is Rs.26.62. The cost ratio of the fund is 0.44 percent, which is lower than the category average. CRISIL and Value Research have given the fund a 5-star rating.

The fund is invested in equities to the tune of 98.28 percent, with 47.44 percent in large-cap companies, 17.94 percent in mid-cap stocks, and 15.92 percent in small-cap stocks. The fund has a 0.24 percent debt investment, with 0.24 percent of that in government securities. The Financial, Technology, Capital Goods, Chemicals, and Materials sectors account for the majority of the fund’s holdings.

DISCLAIMER: The views expressed are strictly of the author. The contents of this article are solely for informational purpose and for the reader’s personal non-commercial use. It does not constitute professional advice or recommendation by Author or Studycafe. Neither the author nor Studycafe and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.