3 Flexi Cap Funds That Have 4 & 5-Star Ratings From Crisil

Flexi cap funds are increasingly seeing demand from investors looking to hedge risks that come from small and midcap funds. In fact, over the last few years we have seen demand from flexi caps soaring. These are the type of funds that largely invest across market capitalizations.

JM Flexi Cap Fund -Growth

The JM Flexi Cap Fund Growth has 5-star ratings from Crisil. The 1-year returns from the fund is very good at 35.52%, while the 3-year returns is around 29% on an annualized basis. The JM Flexi Cap Fund -Growth has investments that are largely tilted towards large cap stocks and these include names like Reliance Industries, Larsen and Toubro, Infosys, HDFC Bank and ICICI Bank. The net asset value under the growth plan is Rs 61.58. Almost 96% of the funds holdings is in equities and the rest in debt and cash and cash equivalents.

HDFC Flexi Cap Fund - Growth

This is another scheme that has been performing well and has got the 5-star rating from Crisil. The assets under management of this fund are rather large at Rs 35,000 crores. The net asset value of the fund is Rs 1236 under the growth plan. Among the stocks in the portfolio of the fund include several banking names including the likes of ICICI Bank, HDFC Bank and State Bank of India. Large cap investments constitute almost 63% of the portfolio, while midcaps constitute 9% and small cap investments constitute about 5% of the investments.

Edelweiss Flexi Cap Fund -Growth

The fund has been rated 4-star by Crisil. The net asset value under the growth plan is Rs 25.15. The 1-year returns from the fund has been 27%, while the 3-year returns has been 26.89% on an annualized basis. Flexi cap funds are suitable for those who do not want to take risks in small and midcap mutual funds, which can be more volatile. Investors investing for the long-term tend to benefit more through investments in mutual fund schemes. Please also be informed that markets have hit historic highs and it would be more prudent to invest through SIPs.

Disclaimer

The article is informational only and is not an advisory to invest. Neither the author not Greynium Information Technologies would be responsible for any losses based on a decision from the article. Please note, we have merely highlighted the ratings from Crisil and have not done any analysis on the schemes mentioned above. It is prudent to consult a professional advisor.