The trend of investing in the stock market through mutual funds has increased significantly in recent times. For this reason many types of mutual funds are present in the market. Today in this article we are going to tell you about the 5 flexi cap mutual funds giving the highest returns.
What are flexi cap mutual funds?
Flexi cap mutual funds are quite different from largecap, midcap and smallcap. As the name suggests, they are flexible. In this type of scheme, at least 65 percent of the assets have to be kept in equity. At the same time, these funds are quite different from multicap mutual funds. There is no obligation to keep 25-25 percent of your portfolio in large, mid and small cap stocks.
Top Flexi Cap Mutual Funds
Among flexi cap mutual funds, Quant Flexi Cap Mutual Fund has given the best returns to investors in the last three years. This mutual fund has given an average annual return of 32.96 percent in the last three years. Whereas, its benchmark was at 19.62 percent. JM Flexicap Fund has given an average annual return of 27.11 percent in the last three years. Its benchmark performance has been 19.59 percent. HDFC Flexi Cap Fund has given an average annual return of 26.73 percent to investors in the last 3 years. Its benchmark performance has been 19.62 percent.
At the same time, Parag Parikh Flexi Cap Fund has given a return of 21.66 percent to investors in the last 3 years. At the same time, Edelweiss Flexi Cap Fund has given an average return of 20.46 percent to investors in the last three years. The benchmark of both these funds has given a return of 19.62 percent.
(Note: This report has been prepared on a general basis. Past returns are never a guarantee of good returns. Please consult your financial advisor before taking any investment decision)
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