Best Mutual Funds: 10 flexi cap schemes gave over 15% annualised return previously 3 years. Do you personal any?

Before investing in a mutual fund scheme, it’s common amongst traders to look at the previous returns. More typically than not, these returns are merely indicative, nevertheless, they’re seen to be setting the tone of a scheme sooner or later.

Here, we check out the returns delivered by flexi cap mutual funds previously three years

For those that are unaware, flexi cap schemes confer with the mutual funds which make investments a minimal of 65 % of their funding in fairness and equity-related devices. These mutual funds are free to spend money on the shares throughout market capitalisation i.e., small cap, mid cap and enormous cap in any proportion.

There are round 10 flexi cap mutual funds which gave over 15 % annualised return previously three years (as on Nov 14, 2024).

(Source: AMFI; Returns as on Nov 14)

As one can see within the desk above, JM Flexi Cap gave the very best 3-year return (22.81%) adopted by HDFC Flexi Cap (21.58%). 

Meanwhile, different excessive performing flexi cap mutual funds embrace Bank of India Flexi Cap Fund (19.31%) and ICICI Prudential Flexi Cap Fund (17.23%).

In phrases of the asset dimension, the biggest schemes are Parag Parikh Flexi Cap Fund ( ₹82,567 crore) and HDFC Flexi Cap Fund ( ₹64,221 crore) whereas the smallest scheme (with asset dimension of ₹1,897 crore) is run by Bank of India mutual fund.

As a class, flexi cap funds are the second-most fashionable after sectoral & thematic funds. Overall, there are a complete of 39 flexi cap schemes with a complete AUM of ₹4.27 lakh crore. Out of this, an influx of ₹5,180 crore was seen in October alone, reveals the newest AMFI information.

It is price mentioning right here that the previous returns of a mutual fund scheme are imagined to be indicative and never the true reflection of a scheme’s future potential. In different phrases, merely as a result of a mutual fund has delivered distinctive returns within the latest previous, it does not essentially imply it will proceed to offer the identical returns sooner or later as nicely. 

Note: This story is for informational functions solely. Please converse to a SEBI-registered funding advisor earlier than making any funding associated resolution.