Top Flexi Cap Mutual Funds: Rs 5 lakh one-time investment in 3 schemes has grown to at least Rs 15.5 lakh in 5 years; see list

Flexi Mutual Funds: Do you know about flexi cap mutual funds (also known as flexi funds)? Flexi cap mutual funds are a type of open-ended equity funds that can have allocations in stocks across largecap, midcap and smallcap segments, giving fund managers more freedom in tackling unfavourable market situations. In this article, let’s look at some of the top-performing flexi cap mutual funds. Seven funds have delivered annualised returns to the tune of 19-32 per cent in the last 5 years, according to mutual fund industry body AMFI’s website, amfiindia.com. These funds are: Quant Flexi Cap Fund, Parag Parikh Flexi Cap Fund, JM Flexicap Fund, HDFC Flexi Cap Fund, Franklin India Flexi Cap Fund, PGIM India Flexi Cap Fund, Edelweiss Flexi Cap Fund, HSBC Flexi Cap Fund, Union Flexi Cap Fund and DSP Flexi Cap Fund. Read on to learn about these MF schemes in detail.  

Top Flexi Mutual Funds | Take a look at the top-performing flexi mutual funds as of December 24

Estimated Lump Sum Returns 

The annualised returns of 19.36-32.35 per cent mean that a lump sum investment of Rs 5 lakh in each fund has grown to approximately Rs 12.11-20.30 lakh in the 5-year period, calculations show. 

Also, the top three schemes have grown to at least Rs 15.50 lakh, as per the calculations. 

ALSO READ: Top 7 Flexi Cap Mutual Funds With up to 52% SIP Return in 1 Year: Rs 20,000 monthly SIP investment in No. 1 fund has generated Rs 3.02 lakh; know about others too

Estimated SIP Returns

A monthly SIP of Rs 2,000 in each fund has grown to Rs 2-2.99 lakh in the 12 schemes in the 5-year period. 

Read more on the power of compounding