HDFC Mutual Fund Multibagger Scheme: HDFC Mutual Fund’s Flexi Cap Scheme will complete 30 years in January 2025. This scheme was launched in January 1995 and if we look at its performance since then, it has proved to be a return machine for investors. If someone starts investing Rs 1000 every month through Systematic Investment Plan (SIP) in HDFC Flexi Cap Fund from the very beginning, then he will now have more than Rs 2 crore of funds. At the same time, this scheme has made investors rich even on one-time investment.
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Saving 1000 rupees per month is not difficult
Many mutual fund schemes were launched simultaneously in India since 1993. At that time, those investors who understood the importance of Systematic Investment Plan (SIP) in mutual funds at the very beginning and started investing, their tension regarding money would have reduced to a great extent. It can be said that 29 or 30 years ago, it was not easy for everyone to save a large amount. But even at that time, saving Rs 1000 every month was not very difficult. Here we have done the calculation on the basis of monthly investment of only Rs 1000.
Return: 10 most economical mutual funds, top the return chart, money is growing 24 to 30% annually in SIP
Return on one time investment
Return in 1 Year : 40.68%
Return in 3 years: 25.90%
Return in 5 years: 25.77%
Return in 7 years: 17.92%
Return in 10 years: 15.50%
Return in 20 years: 19.46%
Return since launch: 19.35%
Since its launch, i.e. in 29 years, HDFC Flexi Cap Fund has given 19.35 percent annualized return to one-time investors. That is, the money of those who invested Rs 25,000 also increased to more than Rs 40 lakh.
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SIP Returns in Funds
The calculation of 29 years of SIP returns in HDFC Flexi Cap Fund is available on Value Research. During 29 years, this fund has given 21.8 percent annualized return to SIP investors. Investors who started a monthly SIP of just Rs 1000 at the start of this fund would have seen their money value increase to Rs 2,16,66,165 crore. Whereas with an upfront investment of Rs 10,000, the total investment had to be made of only Rs 3,58,000.
About the Scheme
Launch date: January 1, 1995
Return since launch: 19.35%
Benchmark : NIFTY 500 TRI
Total AUM: Rs 63,436 crore (31 August, 2024)
Expense Ratio: 1.44% (August 31, 2024)
Minimum investment: Rs 100
Minimum SIP: Rs 100
SIP Stars: 10 mutual funds with the strongest rating, all made 10 thousand SIP into 50 lakhs, became toppers for 10 years
What is the fund’s portfolio like?
HDFC Flexi Cap Fund primarily invests investors’ money in financial, healthcare, telecom, technology and automobile sectors. These stocks are majorly included in the fund’s portfolio.
ICICI Bank
HDFC Bank
Axis Bank
Cipla
HCL Technologies
SBI Life Insurance
Airtel
Kotak Bank
Maruti Suzuki
Infosys
SBI
What is a Flexi Cap Fund?
Flexi cap funds are a type of equity mutual fund that has flexibility in investing. In this, the fund manager allocates the fund according to his own choice in the stocks of companies with different market caps i.e. largecap, midcap and smallcap. In this, the fund manager is not bound as to how much he has to invest in which market cap category. It allows the transfer of funds between large, mid and small caps according to market conditions. For example, if there is fear in large cap, then some allocation from there can be transferred to midcap and similarly during the fall in midcap, the fund can be transferred from there to largecap.
(Disclaimer: The purpose of this article is only to provide information, it is not an advice to invest in any scheme. Take any investment decision only after getting complete information about the scheme and taking the advice of your investment advisor.)