2 Best Flexi Cap Funds Ranked 1 By CRISIL With 1 Year Returns Over 70%
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PGIM India Flexi Cap Fund Direct Growth
This fund is a multi-cap mutual fund scheme founded by the fund house PGIM India Mutual Fund in the year 2015. According to Value Research, PGIM India Flexi Cap Fund Direct-Growth returns over the previous year have been 74.19 percent, with an average annual return of 17.60 percent since its debut. The fund has a 0.22 percent expense ratio, which is lower than most other funds in the same category.
The fund has major equity sector allocation across Financial, Technology, Healthcare, Construction, Chemicals sectors. ICICI Bank Ltd., Infosys Ltd., Alkem Laboratories Ltd., State Bank of India, and Larsen & Toubro Ltd. are the fund’s top five holdings. The fund’s Net Asset Value (NAV) is Rs 28.95 as of September 21, 2021, and its Asset Under Management (AUM) is Rs 2,030.64 Cr. If you withdraw more than 10% of your investment within 90 days, the fund will charge you a 0.5 percent exit load. SIPs in this fund can be started with as little as Rs 1000 per month.
UTI Flexi Cap Fund Direct Growth
It is a multi-cap mutual fund scheme offered by UTI Mutual Fund, which has been in operation for the past eight years. According to Value Research, UTI Flexi Cap Fund Direct-Growth returns over the last year have been 73.71 percent, with an average annual return of 18.42 percent since its debut. The fund’s expense ratio is 1.09 percent, which is higher than the expense ratio charged by most other funds in the same category. CRISIL has given UTI Flexi Cap Fund Direct-Growth a 1-star rating, whereas Value Research and Morningstar have given it a 5-star rating, indicating its potential to provide returns in the long term.
The major equity allocation of the fund is diversified across Financial, Healthcare, Technology, Services, Chemicals sectors. Bajaj Finance Ltd., HDFC Bank Ltd., Larsen & Toubro Infotech Ltd., Housing Development Finance Corpn. Ltd., and Kotak Mahindra Bank Ltd. are the fund’s five best holdings. As of September 21, 2021, the fund’s Net Asset Value (NAV) is Rs 277.01 and its Asset Under Management (AUM) is Rs 22,591.88 Cr. The fund charges an exit load of 1% if units more than 10% of the investments are liquidated within 1 year of the purchasing date. With a minimum monthly contribution of Rs 500, one can start SIP in this fund.
Best Performing Flexi Cap Funds In 2021
Based on earlier performance and ratings assigned by different leading agencies, we have selected the best performing flexi cap mutual funds based on our own analysis and research.
| Funds | 1-month returns | 6-month returns | 1-year returns | 3-year returns | 5-year returns | Rating by CRISIL | Rating by Value Research | Rating by Morningstar |
|---|---|---|---|---|---|---|---|---|
| PGIM India Flexi Cap Fund | 4.47% | 31.65% | 74.19% | 29.12% | 21.03% | 1 | 5 star | 5 star |
| UTI Flexi Cap Fund Direct Growth | 7.55% | 26.51% | 73.71% | 24.50% | 19.71% | 1 | 5 star | 5 star |
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