Mutual Funds: 3 Flexi cap funds that gave more than 60% returns. Have you invested in any?

Produced by: Basudha Das Designed by: Manoj Kumar

Flexi caps

Flexi-cap funds offer investment in a diverse range of stocks across market capitalisations. Therefore, their investments are in companies of all sizes, from large-cap to mid-cap to small-cap.

Investment pattern

Flexi-cap funds invest a minimum of 65 per cent of assets in equity and equity-related instruments.

Top performing flexi cap funds

Some of the best-performing flexi cap funds in April are JM Flexicap Fund, Bank of India Flexi Cap Fund, and Quant Flexi Cap Fund.

JM Flexicap Fund

JM Flexicap Fund: Rs 1,774 cr worth of assets under management (Till March 31, 2024)

JM Flexicap Fund: Returns

1-year return     66.22% 3-year return     31.22%

JM Flexicap Fund invests in

HDFC Bank Ltd., ICICI Bank Ltd., Larsen & Toubro Ltd., Infosys Ltd., State Bank of India.

Bank of India Flexi Cap Fund

Bank of India Flexi Cap Fund: Rs 743 cr worth of assets under management (Till March 31, 2024)

Bank of India Flexi Cap Fund: Returns

1-year return     62.99% 3-year return     29.3%

Bank of India Flexi Cap Fund invests in

State Bank of India, Hindustan Aeronautics Ltd., Oil India Ltd., HDFC Bank Ltd., Reliance Industries Ltd..

Quant Flexi Cap Fund

Quant Flexi Cap Fund: Rs 4,617 cr worth of assets under management (Till March 31, 2024)

Flexi Cap Fund: Returns

1-year return     59.84% 3-year return     32.95%

Quant Flexi Cap Fund invests in

Reliance Industries Ltd., JIO Financial Services Ltd., Adani Power Ltd., Reserve Bank of India, Tata Consultancy Services Ltd..

Disclaimer

Business Today provides market and mutual fund news for informational purposes only and that should not be construed as investment advice. It's important to remember that past performance does not indicate future results.  Readers are encouraged to consult a qualified financial advisor before making any investment decisions.