Table of Contents
- How to Invest in Flexi Cap Funds Online?
- Top 5 Best Performing Flexi Cap Equity Mutual Funds 2024
- Benefits of Investing in Flexi Cap Funds
- FAQs
- 1. Do Flexi-cap equity mutual funds produce better returns?
- 2. What is the SEBI mandate regarding equity investments in Flexi-cap?
- 3. How can a fund manager help you in Flexi-cap investments?
- 4. Is there any exit load if I invest in Flexi-cap mutual funds?
- 5. What are green Flexi-cap funds?
- 6. How will I identify the best performing Flexi-cap fund?
Top 5 Equity - Multi Cap Funds
Best Flexi Cap Equity Mutual Funds to Invest in 2024
Flexi cap funds are a class of Equity Funds that allows investors to diversify their Portfolio across companies of different Market capitalisation, which helps in mitigating risk and lowering Volatility.
Investors with a high-risk appetite who wish to take an exposure in equities usually incline towards Investing in flexi cap funds.
As per SEBI Rule, the flexi-cap category must invest minimum 65 percent in equity instruments. The fund manager has the flexibility to invest any proportion in stocks from large-caps, mid-cap and small-caps.
As, diversified flexi cap funds invest across market caps such as – large cap, mid cap & small cap, they master in balancing the portfolio. By investing in the best flexi cap equity funds, investors can earn slightly more stable returns, however, they would still be affected by the volatility of equities during a turbulent market condition.
To make the process of selecting a good fund easy, we have listed top best flexi-cap equity funds – that investors can take into account during their investing journey.
How to Invest in Flexi Cap Funds Online?
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Top 5 Best Performing Flexi Cap Equity Mutual Funds 2024
(Erstwhile JM Multi Strategy Fund) The investment objective of the Scheme is to provide capital appreciation by investing in equity and equity related securities using a combination of strategies. JM Multicap Fund is a Equity - Multi Cap fund was launched on 23 Sep 08. It is a fund with Moderately High risk and has given a Below is the key information for JM Multicap Fund Returns up to 1 year are on (Erstwhile Principal Growth Fund) The primary investment objective of the scheme is to achieve long-term capital appreciation. Principal Multi Cap Growth Fund is a Equity - Multi Cap fund was launched on 25 Oct 00. It is a fund with Moderately High risk and has given a Below is the key information for Principal Multi Cap Growth Fund Returns up to 1 year are on The investment objective of the scheme is to seek to generate capital appreciation and/or provide income distribution from a portfolio of predominantly equity and equity related instruments. There is no assurance or guarantee that the objectives of the scheme will be realized. IDFC Focused Equity Fund is a Equity - Multi Cap fund was launched on 16 Mar 06. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Focused Equity Fund Returns up to 1 year are on (Erstwhile BNP Paribas Dividend Yield Fund) The investment objective of the scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. High dividend yield stocks are
defined as stocks of companies that have a dividend yield in excess of 0.5%, at the time of investment. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. BNP Paribas Multi Cap Fund is a Equity - Multi Cap fund was launched on 15 Sep 05. It is a fund with Moderately High risk and has given a Below is the key information for BNP Paribas Multi Cap Fund Returns up to 1 year are on To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. L&T Equity Fund is a Equity - Multi Cap fund was launched on 16 May 05. It is a fund with Moderately High risk and has given a Below is the key information for L&T Equity Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) JM Multicap Fund Growth ₹87.0304
↑ 0.10 ₹1,657 9.1 25.2 57.9 27.7 22.7 40 Principal Multi Cap Growth Fund Growth ₹322.751
↓ -0.66 ₹2,391 1.9 15.7 38.2 22 17.3 31.1 IDFC Focused Equity Fund Growth ₹71.202
↓ -0.08 ₹1,505 1.6 16.6 36.5 16.6 14 31.3 BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01 ₹588 -4.6 -2.6 19.3 17.3 13.6 L&T Equity Fund Growth ₹124.542
↑ 0.00 ₹2,884 3.3 15.6 2.2 14.3 9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 16 Apr 24 1. JM Multicap Fund
CAGR/Annualized return of 14.9% since its launch. Ranked 16 in Multi Cap category. Return for 2023 was 40% , 2022 was 7.8% and 2021 was 32.9% . JM Multicap Fund
Growth Launch Date 23 Sep 08 NAV (16 Apr 24) ₹87.0304 ↑ 0.10 (0.12 %) Net Assets (Cr) ₹1,657 on 29 Feb 24 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.54 Sharpe Ratio 4.01 Information Ratio 1.62 Alpha Ratio 17.18 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,348 31 Mar 21 ₹13,660 31 Mar 22 ₹16,531 31 Mar 23 ₹17,361 31 Mar 24 ₹27,263 Returns for JM Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 5.2% 3 Month 9.1% 6 Month 25.2% 1 Year 57.9% 3 Year 27.7% 5 Year 22.7% 10 Year 15 Year Since launch 14.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 40% 2022 7.8% 2021 32.9% 2020 11.4% 2019 16.6% 2018 -5.4% 2017 39.5% 2016 10.5% 2015 -2.8% 2014 56% Fund Manager information for JM Multicap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 2.61 Yr. Gurvinder Wasan 1 Dec 22 1.33 Yr. Chaitanya Choksi 31 Dec 21 2.25 Yr. Data below for JM Multicap Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 21.45% Consumer Cyclical 17.36% Industrials 16.76% Technology 11.93% Utility 7.29% Health Care 6.5% Basic Materials 5.84% Real Estate 3.59% Energy 2.65% Consumer Defensive 2.33% Communication Services 1.13% Asset Allocation
Asset Class Value Cash 3.17% Equity 96.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK6% ₹96 Cr 680,500
↑ 375,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 10 | LT4% ₹73 Cr 210,731
↑ 48,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY4% ₹71 Cr 425,250
↑ 123,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN4% ₹63 Cr 848,700
↓ -47,000 Bank of Baroda (Financial Services)
Equity, Since 31 Aug 22 | 5321344% ₹62 Cr 2,343,947
↓ -600,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK3% ₹58 Cr 550,800
↑ 77,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | M&M3% ₹53 Cr 275,000
↑ 275,000 NTPC Ltd (Utilities)
Equity, Since 30 Nov 23 | 5325553% ₹53 Cr 1,570,000
↑ 125,000 Housing & Urban Development Corp Ltd (Financial Services)
Equity, Since 29 Feb 24 | 5405303% ₹45 Cr 2,373,484
↑ 2,373,484 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 Jan 24 | 5003123% ₹44 Cr 1,660,658
↑ 575,000 2. Principal Multi Cap Growth Fund
CAGR/Annualized return of 16% since its launch. Ranked 12 in Multi Cap category. Return for 2023 was 31.1% , 2022 was -1.6% and 2021 was 46.3% . Principal Multi Cap Growth Fund
Growth Launch Date 25 Oct 00 NAV (16 Apr 24) ₹322.751 ↓ -0.66 (-0.21 %) Net Assets (Cr) ₹2,391 on 29 Feb 24 Category Equity - Multi Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.16 Sharpe Ratio 2.43 Information Ratio -0.41 Alpha Ratio -6.42 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,403 31 Mar 21 ₹12,559 31 Mar 22 ₹16,515 31 Mar 23 ₹15,892 31 Mar 24 ₹22,191 Returns for Principal Multi Cap Growth Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 3.7% 3 Month 1.9% 6 Month 15.7% 1 Year 38.2% 3 Year 22% 5 Year 17.3% 10 Year 15 Year Since launch 16% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.1% 2022 -1.6% 2021 46.3% 2020 15% 2019 3.9% 2018 -8.7% 2017 48.7% 2016 6.4% 2015 2.8% 2014 49.4% Fund Manager information for Principal Multi Cap Growth Fund
Name Since Tenure Ratish Varier 1 Jan 22 2.25 Yr. Sudhir Kedia 1 Jan 22 2.25 Yr. Data below for Principal Multi Cap Growth Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 26.76% Industrials 16.27% Consumer Cyclical 14% Technology 7.41% Health Care 6.76% Consumer Defensive 5.38% Energy 5.07% Basic Materials 4.5% Communication Services 4.16% Utility 2.74% Real Estate 2.05% Asset Allocation
Asset Class Value Cash 4.88% Equity 95.11% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 05 | RELIANCE5% ₹121 Cr 415,206
↑ 12,207 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹106 Cr 1,002,964
↓ -96,945 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK4% ₹96 Cr 682,220
↑ 33,477 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 23 | 5328103% ₹80 Cr 2,005,945
↑ 229,444 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 24 | 5322153% ₹79 Cr 734,102
↑ 11,087 KSB Ltd (Industrials)
Equity, Since 31 Jul 22 | KSB3% ₹69 Cr 189,783 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Jul 23 | SUNPHARMA3% ₹66 Cr 421,000 NTPC Ltd (Utilities)
Equity, Since 31 Mar 23 | 5325553% ₹66 Cr 1,955,077
↓ -250,000 Indian Bank (Financial Services)
Equity, Since 31 Dec 23 | 5328143% ₹62 Cr 1,176,997 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY2% ₹58 Cr 344,063 3. IDFC Focused Equity Fund
CAGR/Annualized return of 11.5% since its launch. Ranked 13 in Multi Cap category. Return for 2023 was 31.3% , 2022 was -5% and 2021 was 24.6% . IDFC Focused Equity Fund
Growth Launch Date 16 Mar 06 NAV (16 Apr 24) ₹71.202 ↓ -0.08 (-0.11 %) Net Assets (Cr) ₹1,505 on 29 Feb 24 Category Equity - Multi Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.2 Sharpe Ratio 2.41 Information Ratio -0.9 Alpha Ratio 0.74 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,937 31 Mar 21 ₹12,633 31 Mar 22 ₹14,687 31 Mar 23 ₹13,993 31 Mar 24 ₹19,565 Returns for IDFC Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 3.4% 3 Month 1.6% 6 Month 16.6% 1 Year 36.5% 3 Year 16.6% 5 Year 14% 10 Year 15 Year Since launch 11.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 31.3% 2022 -5% 2021 24.6% 2020 14.9% 2019 8.9% 2018 -12.7% 2017 54.4% 2016 1.8% 2015 -4.8% 2014 32.2% Fund Manager information for IDFC Focused Equity Fund
Name Since Tenure Sumit Agrawal 20 Oct 16 7.45 Yr. Ritika Behera 7 Oct 23 0.48 Yr. Data below for IDFC Focused Equity Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 29.48% Industrials 18.81% Consumer Cyclical 18.51% Technology 10.14% Energy 6.47% Health Care 5.89% Consumer Defensive 4.86% Real Estate 4.12% Asset Allocation
Asset Class Value Cash 1.73% Equity 98.27% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK9% ₹135 Cr 1,284,328
↓ -37,097 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | HDFCBANK7% ₹102 Cr 725,862 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE6% ₹97 Cr 333,331
↑ 97,529 Infosys Ltd (Technology)
Equity, Since 31 Oct 19 | INFY6% ₹94 Cr 562,116 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Jun 23 | TATAMOTORS5% ₹82 Cr 864,468 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Nov 22 | 5002515% ₹75 Cr 192,661 Apar Industries Ltd (Industrials)
Equity, Since 31 Aug 23 | APARINDS5% ₹68 Cr 109,120 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN5% ₹68 Cr 622,669 Phoenix Mills Ltd (Real Estate)
Equity, Since 30 Nov 22 | 5031004% ₹62 Cr 224,326 Mankind Pharma Ltd (Healthcare)
Equity, Since 31 May 23 | 5439044% ₹57 Cr 267,540
↑ 50,043 4. BNP Paribas Multi Cap Fund
CAGR/Annualized return of 12.9% since its launch. Ranked 18 in Multi Cap category. . BNP Paribas Multi Cap Fund
Growth Launch Date 15 Sep 05 NAV (13 Mar 22) ₹73.5154 ↓ -0.01 (-0.01 %) Net Assets (Cr) ₹588 on 31 Jan 22 Category Equity - Multi Cap AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.44 Sharpe Ratio 2.86 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,032 31 Mar 21 ₹13,013 Returns for BNP Paribas Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month -4.4% 3 Month -4.6% 6 Month -2.6% 1 Year 19.3% 3 Year 17.3% 5 Year 13.6% 10 Year 15 Year Since launch 12.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for BNP Paribas Multi Cap Fund
Name Since Tenure Data below for BNP Paribas Multi Cap Fund as on 31 Jan 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 5. L&T Equity Fund
CAGR/Annualized return of 15.5% since its launch. Ranked 25 in Multi Cap category. . L&T Equity Fund
Growth Launch Date 16 May 05 NAV (25 Nov 22) ₹124.542 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹2,884 on 31 Oct 22 Category Equity - Multi Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.07 Sharpe Ratio -0.16 Information Ratio -1.29 Alpha Ratio -2.7 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,241 31 Mar 21 ₹12,133 31 Mar 22 ₹14,314 Returns for L&T Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Apr 24 Duration Returns 1 Month 2.7% 3 Month 3.3% 6 Month 15.6% 1 Year 2.2% 3 Year 14.3% 5 Year 9% 10 Year 15 Year Since launch 15.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for L&T Equity Fund
Name Since Tenure Data below for L&T Equity Fund as on 31 Oct 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
Benefits of Investing in Flexi Cap Funds
Some of the advantages of investing in a flexi cap/multi cap funds are as follows:
One of the biggest advantages of investing in flexi-cap funds is diversification. As these funds invest across the market cap, i.e., large, mid and Small cap funds, they diversify the portfolio. So, instead of investing in just one market cap, you can invest in flexi-cap funds and benefit from all.
The fund managers of flexi-cap funds invest in companies of all sizes based on their long-term growth potential. In order to maximize the fund's performance within defined investment objectives, the managers also change the portfolio allocations between different sectors from time to time.
As flexi-cap invests in large, mid and small cap funds, they have potential to deliver long-term consistent returns.
These funds are known to balance risk and returns well. For instance, in some market situations, if one fund fails to perform, other funds are there to balance the returns. So, investors seek the advantage of balancing the risk-and-returns from this fund.
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FAQs
1. Do Flexi-cap equity mutual funds produce better returns?
A: Flexi-cap funds produce high returns, but these are often considered high-risk funds. The primary reason for this is that these equities are often affected by market conditions leading to the ROI difference. However, if you have an appetite for risk, you can invest in some of the best performing Flexi-cap Mutual Funds, and these are known to produce excellent returns.
2. What is the SEBI mandate regarding equity investments in Flexi-cap?
A: As per the SEBI rules, it is necessary to invest 65% of the assets in large, mid, and small Capital stocks. This diversification ensures that your investment is secure and you can get a better Return on Investment.
3. How can a fund manager help you in Flexi-cap investments?
A: A fund manager can help you in evaluating a particular segment of the market. If, over time, he feels that the segment has become unattractive, then he can pull the investment from the specific segment and reinvest in another segment. This secures your investment and ensures you receive better returns.
4. Is there any exit load if I invest in Flexi-cap mutual funds?
A: All Flexi-cap funds do not levy exit loads if you leave the segment before the realization of the specific number of days. For example, a particular Flexi-cap can impose an exit load of 2% of the investment value if you switch or redeem your investment before 365 days and 1% in case you change before 763 days. However, mutual funds do not levy any exit loads if you switch assets after two years.
5. What are green Flexi-cap funds?
A: The green levy encourages companies to invest in environment-friendly technologies, and the government gives such companies various tax benefits. If your investment portfolio consists of Flexi-cap mutual funds that invest in companies that follow environment-friendly technologies.
6. How will I identify the best performing Flexi-cap fund?
A: The best way to identify the best performing fund is by checking the its past 4-year returns. For example, the Baroda Pioneer Multi-Cap Fund, which has a NAV of Rs.129.8 and a 5-year return of 19.5%, is better than the Principal Multi Cap Growth Fund, which has a NAV of Rs.178.78 and a 5-year return of 15%.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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