Flexi cap mutual funds with Rs 3.5 lakh crore AUM lead equity categories. Fund managers flexibility, market outlook trust, and SIPs for systematic investment make these funds popular among investors for long-term goals.
Flexi-cap mutual funds have yielded annualized returns ranging from 16% to 23% over the last decade, with Quant Flexi Cap fund recording the highest returns at 23.85%, potentially turning a ₹100,000 investment into ₹8.49 lakh.
The top-performing flexi cap mutual funds include Quant Flexi Cap, JM Flexicap and Parag Parikh Flexi Cap Fund, which have given more than 20% annualised returns in the past five years.
There are 38 flexi cap mutual funds with total assets under management (AUM) of ₹3.27 lakh crore. This is higher than any of the remaining 10 equity fund categories.
Flexi-cap funds have the flexibility to invest in large-cap, mid-cap, and small-cap stocks based on market conditions. Investors should consider their financial goals, risk-reward, and investment horizon before choosing this category