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Best mutual funds

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Description

Best mutual funds

20% annualised return in the past 5 years from best flexi cap & multi cap schemes

There are 39 flexi cap schemes with total assets under management (AUMs) amounting to ₹4.01 lakh crore, revealed the AMFI data as on June 30, 2024.


Prior to investing in a  retail investors tend to compare the returns delivered by one scheme vis-à-vis other schemes in the same category.

Although there are a number of other factors which influence the decision of an investor the past returns are typically too important to be overlooked.

 

Flexi cap mutual funds

These are open-ended dynamic equity schemes which invest across mid cap and  as per a Sebi circular issued on Nov 6, 2020.

These are the top-performing flexi cap mutual funds:

Flexi cap funds 5-year return (%)
Franklin India Flexi Cap Fund 24.00
HDFC Flexi Cap Fund 24.02
JM Flexicap Fund 27.72
Parag Parikh Flexi Cap Fund 25.96
Edelweiss Flexi Cap Fund 22.12
PGIM India Flexi Cap Fund 22.43