5-Star-Rated Flexi Cap Fund Gave 32.64% Annualised Returns On 1 Yr SIP, Good For SIP Investments

HDFC Flexi Cap Fund (Erstwhile HDFC Equity Fund) as the name suggests is a Flexi cap that invests in equities. It is a top-rated fund with good returns on investments via SIP as well as lump-sum investments. It is a more than 27 years old fund, launched on January 1, 1995, by the HDFC Mutual Fund. Below are the details of the fund:

HDFC Flexi Cap Fund

HDFC Flexi Cap Fund is an open-ended medium-sized fund in its category with no lock-in period. As of October 31, 2022, the fund's Direct Plan-Growth option has Rs 31,686 crore in assets under management (AUM), while as of November 24, 2022, its declared Net Asset Value (NAV) is Rs 1,256.2290.

As mentioned, it is a top-rated fund, rated 5-star by CRISIL and 3-star by Value Research. Being an equity mutual fund, it is rated a very high-risk fund for investment. The benchmark of the scheme is NIFTY 500 TRI. The scheme seeks to generate capital appreciation/income from a portfolio, predominantly invested in equity & equity-related instruments. 

Investment Details

• Minimum Investment - Rs 100
• Minimum SIP Investment - Rs 100
• Minimum withdrawal - Rs 100
• Exit Load -1% for redemption within 365 days of investments
• Expense Ratio - 1.04% as on 31 October 2022

Annualised Returns

Lump-Sum Investment Returns

The fund under the Direct-Growth option has given 15.68% annual average returns since its inception. The scheme has delivered good annualised returns on investments over the years. It has outperformed the benchmark. In terms of returns, the fund performed very well among its peers. 

Investment Tenure	Returns
1 Year	19.32%
2 Year	34.55%
3 Year	21.27%
5 Year	13.37%

Returns on SIP

SIP Tenure	Returns
1 Year	32.64%
2 Year	27.61%
3 Year	31.85%
5 Year	21.39%

Portfolio

The fund has more than 90% investments in equity, to be particular 91.64% in domestic equities. Out of this 72.02% is in large-cap stocks, followed by 5.71% in mid-cap stocks and the rest 4.98% in small-cap stocks. The 8.36% invests in Cash & Cash Equivalent instruments. The fund has invested in a total of 51 stocks and 12 sectors, respectively.

The 12 sectors in which the fund has investments are Financial, Technology, Energy, Capital Goods, Material, Communication, Automobile, Construction, Healthcare, Insurance, Consumer Staples, & Services. The top 10 holdings of the fund are ICICI Bank, State Bank of India (SBI), Infosys, HDFC Bank, NTPC, Larsen & Toubro, Coal India, Bharti Airtel, & HCL technologies.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related 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.