Top 7 flexi cap mutual funds with highest SIP returns in 3 years: No. 1 fund has converted Rs 16,666 monthly investment into Rs 10,34,898
Top 7 flexi cap mutual funds with highest SIP returns in 3 years: When we invest our money in large, mid, and small cap mutual funds, there is always a fear that either of the caps can perform poorly in the short or long term. It can also hit our financial planning. Sometimes, it is also not easy to switch funds for lack of time or a proper strategy. But what if one fund has all three caps in it, and the fund manager has the freedom to replace stocks that are performing poorly with the one perming well? The flexi cap mutual fund category provides that flexibility. In a flexi cap mutual fund, the fund manager can invest in large, mid, and small cap companies of any market capitalisation. There is not a fixed proportion of either of the caps, so the manager can increase or decrease the volume of one cap depending on its performance. As per Securities Exchange Board of India’s (Sebi) classification of mutual funds, the flexi cap mutual fund category needs to have at least 65 per cent of their investments in equity. The category has given 36.08 per cent annualised SIP returns in 1 year, 15.18 per cent in 3 years, 18.46 per cent in 5 years, and 13.81 per cent in 10 years, as per Value Research data. In this write-up, learn about the top 7 flexi cap mutual funds with highest annualised SIP returns in the 5-year time frame. Also know how Rs 16,666 monthly SIP investment in each fund has performed in each of them.
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