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2 Multi-Cap & 2 Flexi Cap Funds Generated Highest SIP Returns In 3 Years, Over 36%, Top Rated By CRISIL

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In the current situation of the market, given the uncertainties surrounding the economy's recovery, it is best to remain invested in a product with a diverse range of market capitalisations. Two mutual fund categories Flexi-Cap and Multi-cap are the best options to diversify the investments.

 

Flexi cap funds, which are free to invest across the market capitalisation spectrum, are thought to be a better option for investors looking for a diversified fund as a safe bet. Multi-cap funds, on the other hand, are required to maintain a minimum threshold of 25% in each of the three fund categories.

Here, we have highlighted 4 mutual funds, 2 Flexi-cap and 2 Multi-cap funds, top rated by CRISIL. These 4 funds generated highest SIP returns in their respective categories in 3-years.

Quant Active Fund - Direct Plan-Growth

Quant Active Fund - Direct Plan-Growth

This is an open-ended Multi-Cap fund from Quant Mutual Fund. It is a small-sized fund of its category. The current Asset Under Management (AUM) of this fund is 2300.22 Crore. The Net Asset Value (NAV) declared on 24th May 2022 is Rs 410.9054. It has an expense ratio of 0.5%, which is less than its category average expense ratio when compared.

It is a low-risk fund. The fund is rated 5 star by the CRISIL. It has been rated 5-star by the CRISIL. The minimum lump-sum investment amount required for this fund is Rs 5000. For SIP, it is Rs Rs 1000. This has no lock-in period as well as zero exit load. Since its inception, it has given a 20.07% annual average return.

SIP Absolute Returns

1-Year2-Year3-Year5-Year
0.69%37.63%69.56%96.88%
Mahindra Manulife Multi-Cap Badhat Yojana - Direct Plan-Growth
 

Mahindra Manulife Multi-Cap Badhat Yojana - Direct Plan-Growth

This Multi-Cap fund was launched on 11 May 2017 by the Mahindra Manulife Mutual Fund. It is an open-ended small-sized fund of its category. The current AUM of this fund is Rs 1151.41 Crore. The NAV as of 24th May 2022 is Rs 20.833. It has an expense ratio of 0.5%, which is less than its category average expense ratio when compared.

It is rated a highly risky fund for investment. The fund is rated 4-star by the CRISIL. To start investment in this fund, the minimum amount required is Rs 1,000 and for SIP the minimum required amount is Rs 500. There is no lock-in period in this fund. The fund charges 1% for redemption within 365 days. Since its launch, it has delivered 15.68% average annual returns.

SIP Absolute Returns

In 1 Year SIP, the fund has given negative returns.

1-Year2-Year3-Year5-Year
-2.01%27.94%46.76%65.40%
PGIM India Flexi Cap Fund - Direct Plan-Growth

PGIM India Flexi Cap Fund - Direct Plan-Growth

This Flexi-cap fund was launched on 04 March 2015 by the PGIM India mutual Fund. This is an open-ended medium-sized fund of its category. The Fund's Asset Under Management (AUM) is Rs 4179.77 crore. The Net Asset Value (NAV) as on 24th May 2022 is Rs 25.9. The expense ratio is 0.44%. While the category average is 0.88%. 

The fund is rated 5-star by the CRISIL. It is a highly risky fund for investment. It has given above-average performance among peer funds. One can start investing in this fund by investing the minimum required amount of Rs 5,000 Rs 1,000 for SIP investment. There is no lock-in period, buy it charges 0.5% for redemption within 90 days of the investments. Since its inception, it has delivered 14.07% annual average returns.

SIP Absolute Returns

In last 1 year, it has delivered negative returns.

1-Year2-Year3-Year5-Year
-6.82%19.78%42.75%63.47%
Franklin India Flexi Cap Fund - Direct-Growth

Franklin India Flexi Cap Fund - Direct-Growth

This Flexi cap fund was launched on 29 September 1994 by the Franklin Templeton Mutual Fund. It is an open-ended medium-sized fund of its category. The Assets Under Management (AUM) of the is worth Rs 9743.74 crore. The Net Asset Value (NAV) of this fund declared on 24th May 2022 is Rs 954.6475. The fund has an expense ratio of 1.14%, which is higher than its category average expense ratio.

The fund is rated 4-star by the CRISIL. However, it is a highly risky fund for investments. To start investing in this fund, the minimum required amount is Rs 5,000 whereas, for SIP the minimum amount required is Rs 500. This fund has no lock-in period. However, it charges 1% for redemption within 365 days of the investments. Since its inception, it has given 15.15% 

SIP Absolute Returns

In last 1 year, it has delivered negative returns.

1-Year2-Year3-Year5-Year
-3.16%22.07%36.40%45.49%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Story first published: Wednesday, May 25, 2022, 23:32 [IST]
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