Flex Cap Funds
In 2020, SEBI introduced the Flexi Cap Mutual Fund category. Schemes in this category are required to invest at least 65 per cent of their total assets in equity and equity-related categories. It is an open-ended dynamic scheme that invests across large, midcap and small cap stocks. As of June 30, there are 36 schemes in this category. Their total assets under management are Rs 2.72 lakh crore.
Benchmark index is the main criterion for evaluating the performance of a mutual fund. A benchmark index provides investors with comprehensive information about a fund’s performance, such as stock selection, ratios, and valuation of stock prices.
8 Best performing Flexi Cap Funds
DSP Flex Cap Fund
Index to be tracked – Nifty 500 TRI Index
5 year return – 13.46%
Return on Index – 12.98%
Franklin India Flex Cap Fund
Index to be tracked – Nifty 500 TRI Index
5 year return – 13.64%
Return on Index – 12.98%
HDFC Flexi Cap Fund
Index to be tracked – Nifty 500 TRI Index
5 year return – 15.24%
Return on Index – 12.98%
JM Flexi Cap Fund
Index tracked – S&P BSE 500 Index
5 year return – 15.08%
Return on Index – 13.20%
Parag Parikh Flexi Cap Fund
Index to be tracked – Nifty 500 TRI Index
5 year return – 17.60%
Return on Index – 12.98%
PGIM India Flexi Cap Fund
Index to be tracked – Nifty 500 TRI Index
5 year return – 15.61%
Return on Index – 12.98%
Quant Flexi Cap Fund
Index to be tracked – Nifty 500 TRI Index
5 year return – 20.66%
Return on Index – 12.98%
Union Flexi Cap Fund
Index tracked – S&P BSE 500 Index
5 Year Return – 13.99%
Return on Index – 13.20%
(Disclaimer: The above is not an investment advice of any kind, it is only information provided for the knowledge of the investors. The information provided here is as currently available. Mutual fund investments are subject to the possibility of profit and loss. Investors should always invest at their own risk)
