Top 10 Flexi Cap Mutual Funds with Highest Returns in 2024:Flexi cap funds are quite popular among those investing in mutual funds. Fund managers can invest the money invested in flexi cap funds in all types of stocks including large cap, mid cap, and small cap as per their strategy. Because of this flexible investment approach, they have been named flexi caps. During the last one year, the top 10 flexi cap funds of the country have given returns to investors ranging from 35% to 54%, which has been much higher than their benchmark. Diversified investment strategy and better fund management can be considered as the major reasons for the success of these top 10 flexi cap funds.
Investing in equity gives high returns
Flexi cap funds come under the category of equity funds. Most of their corpus is invested in stocks. Under SEBI rules, it is necessary for flexi cap funds to invest at least 65 percent in equity. In fact, in most flexicap funds the share of equity is much higher than this. Due to this investment, the top 10 flexi cap funds have given high returns to investors in the last one year.
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Top 10 Flexicap Funds: 35% to 54% profit in 1 year
Motilal Oswal’s scheme tops the list of top 10 flexicap funds giving the highest returns in the last one year, which has given more than double the profit compared to its benchmark.
1. Motilal Oswal Flexi Cap Fund
One Year Return (Direct Plan): 54.23%
One Year Returns (Regular Plan): 52.91%
Benchmark: NIFTY 500 Total Return Index (One Year Return: 25.73%)
Assets Under Management (AUM): Rs 13,304.88 crore
2. Invesco India Flexi Cap Fund
One Year Return (Direct Plan): 43.77%
One Year Return (Regular Plan): 41.81%
Benchmark: BSE 500 Total Return Index (One Year Return: 25.32%)
Asset Under Management (AUM): Rs 2,568.31 crore
3. JM Flexicap Fund
One Year Return (Direct Plan): 42.88%
One Year Return (Regular Plan): 40.76%
Benchmark: BSE 500 Total Return Index (One Year Return: 25.32%)
Asset Under Management (AUM): Rs 5,315.30 crore
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4. Bank of India Flexi Cap Fund
One Year Return (Direct Plan): 40.58%
One Year Return (Regular Plan): 38.50%
Benchmark: BSE 500 Total Return Index (One Year Return: 25.32%)
Asset Under Management (AUM): Rs 2,172.06 crore
5. 360 ONE FlexiCap Fund
One Year Return (Direct Plan): 38.79%
One Year Return (Regular Plan): 36.49%
Benchmark: BSE 500 Total Return Index (One Year Return: 25.32%)
Asset Under Management (AUM): Rs 1,323.12 crore
6. HSBC Flexi Cap Fund
One Year Return (Direct Plan): 38.69%
One Year Return (Regular Plan): 37.67%
Benchmark: NIFTY 500 Total Return Index (One Year Return: 25.73%)
Asset Under Management (AUM): Rs 5,220.24 crore
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7. Helios Flexi Cap Fund
One Year Return (Direct Plan): 38.35%
One Year Return (Regular Plan): 36.26%
Benchmark: NIFTY 500 Total Return Index (One Year Return: 25.73%)
Asset Under Management (AUM): Rs 2,496.85 crore
8. Edelweiss Flexi Cap Fund
One Year Return (Direct Plan): 38.02%
One Year Return (Regular Plan): 35.88%
Benchmark: NIFTY 500 Total Return Index (One Year Return: 25.73%)
Asset Under Management (AUM): Rs 2,545.74 crore
9. ITI Flexi Cap Fund
One Year Return (Direct Plan): 36.97%
One Year Return (Regular Plan): 34.68%
Benchmark: NIFTY 500 Total Return Index (One Year Return: 25.73%)
Asset Under Management (AUM): Rs 1,334.50 crore
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10. Bajaj Finserv Flexi Cap Fund
One Year Return (Direct Plan): 34.93%
One Year Return (Regular Plan): 32.87%
Benchmark: BSE 500 Total Return Index (One Year Return: 25.32%)
Asset Under Management (AUM): Rs 4,112.78 crore
(Source: AMFI)
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Which investors should invest
Flexi cap funds not only offer high returns but can also remain strong in market turmoil due to diversification and flexible approach. These funds can provide investors the benefits of capital growth and wealth creation, but for this it is necessary to make long term investment. These funds can be a particularly good option for investors who want to take the benefit of diversified investment by investing in a single equity fund. However, the risk level of flexi cap fund has been kept ‘Very High’. Therefore, before investing in them, it is important to understand your risk appetite and choose the fund wisely. Only those people should invest money in these funds, who are ready to take more risk for better returns. It should also be kept in mind that past returns of equity mutual funds cannot be considered as a guarantee of similar returns in future.
(Disclaimer: The purpose of this article is only to provide information, not to give investment advice. Take investment decisions only with the advice of your investment advisor.)
