In the present context, one of the good options for investors to consider would be the flexi-cap category. Flexi-cap mutual funds are mutual funds that invest their funds across varying categories of stocks, in terms of market capitalization. They are good option for investors as it allows mutual funds, some amount of flexibility to reduce exposure to one category of stocks and increase weightage to another category.
Here are a few flexi-cap mutual fund SIPs that you can consider.
UTI Flexi Cap Fund
This fund has been accorded a 5-star rating from CRISIL. The assets under management at Rs 17,000 crores is one of the highest in its category. The fund has given a returns of 78% in the last one year, while the 2-year returns is 24% and the 5-year returns is near 17%.
A similar rating of 5-star has been given to UTI Flexi Cap Fund from Value Research as well. Though the fund is mandated as flexi-cap most of the stocks among the top 5 are large cap stocks. The top 5 holdings of UTI Flexi Cap Fund is Bajaj Finance, HDFC Bank, L&T Infotech, HDFC and Kotak Mahindra Bank.
There are also stocks with a smaller market cap then the above, including names like Astral and Info Edge.
PGIM India Flexi Cap Fund
This fund is again well rated by Crisil as 5-star, though Value Research has given a rating of 4-star. Again, though the fund is largely flexi-cap, where a larger part of the top 5 holdings is tilted towards the large cap companies. This is a good strategy as many mid and small cap companies have rallied significantly over the last few quarters.
The fund has holdings in stocks like Infosys, ICICI Bank, State Bank of India, Axis Bank and Divis Labs. If you are looking at an SIP then the minimum investment is Rs 1,000 that would be required.
An SIP of Rs 10,000 over the last three years, would have helped create a corpus of Rs 5.74 lakhs today. The growth plan has an NAV of Rs 22.21 currently.
Kotak Flexicap Fund
This fund is another fund that has fared well over the last few years. In fact, Kotak Flexicap Fund has a 4-star rating from Value Research. Almost 98.9% of the portfolio is invested and the remaining is held in cash. The fund has significant exposure to largecap stocks and as much as 7 of the top holdings are from the largecap space. The net asset value under the growth plan is Rs 46.62.
The minimum investment that is required to start an SIP is Rs 500.
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