Flexi-cap funds offer flexibility to invest across large, mid, and small-cap stocks, making them suitable for investors seeking diversified equity exposure with a moderate risk profile. ET has shortlisted these schemes based on key performance metrics including mean rolling returns, consistency over the last three years, downside risk protection, outperformance relative to benchmarks, and a minimum asset size threshold of Rs 50 crore.
Launched in May 2013, this fund has delivered a strong 24.3 per cent return based on rolling returns over the last four years. It has maintained a second-quartile position in the last five months after earlier stints in the top quartile, reflecting consistent performance.
Established in January 1995, one of the older and larger flexi cap schemes, it has offered around 25 per cent returns in the last three years on a rolling basis. The fund has shown strong consistency, staying in the first quartile for the last 15 months.
Launched in August 2005, the scheme has provided approximately 15.5% returns over the last three years based on rolling returns. However, it has been in the fourth quartile for the past 37 months, indicating relatively weaker recent performance compared to peers.
4. PGIM India Flexi Cap Fund
This fund, launched in March 2015, has generated around 21 per cent returns in the last three years on a rolling basis. It has faced some challenges, remaining in the fourth quartile over the last six months after previously being in the third quartile.
Launched in August 1998, the scheme has delivered about 17.6 per cent returns over the last three years based on rolling returns. It recently improved to the first quartile in the last month after spending time in the second quartile.
Launched in September 2003, the scheme has provided approximately 18.1 per cent returns over the last three years based on rolling returns. It has been positioned in the third quartile for the last 35 months.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
