The Flexi Cap funds invest across various companies irrespective of their size and sector; therefore, the investor gains diversified exposure to the Indian economy. The flexibility in allocation enables fund managers to modify the portfolios depending on the market dynamics.
These features make the Flexi Cap Funds an option for long-term investments, especially exceeding seven years. In this blog, we will consider some of the best Flexi Cap Mutual Funds to invest in.
1. HDFC Flexi Cap Fund
The HDFC Flexi Cap Fund is first in our list of top flexi cap mutual funds. The fund invests in firms of all sizes, whether large, medium, or small. The objective of this fund is to provide steady returns in the long run.
The fund adopts a structured investment strategy. It is well-diversified in different sectors such as banking, IT, and FMCG. This diversification helps in risk management during market volatility.
- AUM: ₹91,334.90 crore
- NAV: ₹2,148.8870
- Expense ratio: 0.68%
- 3-Year return: 20.52%
- 5-Year return: 21.03%
The fund is suitable for investors who want growth in the long run.
2. UTI Flexi Cap Fund
UTI Flexi Cap Fund is yet another choice in this category. The fund holds investments in fundamentally sound companies. Its aim is to create wealth by long-term investment rather than quick profits.
The fund manager allocates funds among large-cap, mid-cap, and small-cap companies.
- AUM: ₹20,437.91 crore
- NAV: ₹315.0941
- Expense ratio: 1.68%
- 3-Year return:10.22%
- 5-Year return: 7.68%
This scheme is suitable for those investors who prefer regular performance backed by a balanced risk strategy.
3. Parag Parikh Flexi Cap Fund
The Parag Parikh Flexi Cap Fund is known for its large AUM and long-term outlook. It is considered one of the core holdings of most investors owing to its disciplined investment strategy and loyal customer base. The fund invests in stocks from Indian and international companies, which gives it a slight edge over others.
- AUM: ₹1,28,966 crore
- NAV: ₹90.5600
- Expense ratio: 0.62%
- 3-Year return: 18.56%
- 5-Year return:17.38%
It is a suitable investment for individuals who desire a diversified portfolio across the globe.
4. Kotak Flexi Cap Fund
Kotak Flexi Cap Fund follows a growth-oriented investment strategy. It chooses high-quality stocks irrespective of their market capitalisation. The main aim is to utilise growth opportunities available in different sectors.
It employs a flexible investment style and modifies the portfolio depending on market trends. This makes it easier to manage risk in volatile times.
- AUM: ₹50,146 crore
- NAV: ₹ 95.3200
- Expense ratio: 0.59%
- 3-Year return: 16.90%
- 5-Year return:14.84%
The fund caters to the needs of those investors who require consistency and diversification through their equity portfolio.
5. SBI Flexi Cap Fund
SBI Flexi Cap Fund is a mutual fund that has been managed by a prominent asset management company in India. It invests in both stable large-cap firms and promising mid-cap stocks.
It adopts a long-term strategy that emphasises quality firms and their growth prospects.
- AUM: ₹20625.70Cr
- NAV: ₹ 118.8313
- Expense ratio: 0.86%
- 3-Year return: 13.08%
- 5-Year return: 12.59%
It is a suitable choice for investors seeking stability along with steady growth.
Conclusion
These best Flexi Cap Mutual Funds offer investors flexibility along with diversification through a single investment vehicle. These funds tend to shift as per market segments where there are opportunities available. Based on goals and risk apetiere, you can consider this fund category.
