This Flexi Cap Fund Turned 28, Good To Add To Your Investment Portfolio, Given Strong SIP Returns

HDFC Flexi Cap Fund is a flexi-cap mutual fund from the house of HDFC Mutual Fund. The Fund was launched on 1 January 1995, hence it turned 28 on 1 January 2023. The fund has been rated 3 star by Value Research and 5 star by CRISIL.

According to the HDFC Mutual Fund, the fund follows an equity strategy to build a portfolio, representing a cross-section of companies diversified across major industries, economic sectors and market capitalization that offer an acceptable risk-reward balance. The fund is benchmarked against the NIFTY 500 TRI index.

It is an open-ended medium-sized fund with 91.54% investments in domestic equities and 8.46% in cash & cash equivalent instruments. The fund has an expense ratio of 1.63%. Its Assets Under Management as on 31st December 2022 is Rs 32,155 crore. Its exit load is 1% within 365 days or 1 year.

Under the Direct Plan-Growth Option, the fund has delivered 19.19% annualised SIP Return in 1 year, and 19.48% in 2 years, respectively. The fund has delivered the highest annualised SIP return of 27.32% over the past three years. Since its inception, the fund has delivered 12.23% annualised average return.

It has holdings in 48 stocks. The top 5 sectors in which it has investments include the Financial sector, Energy Sector, Technology Sector, Capital Goods Sector, and Automobile sector. The top 5 holdings include ICICI bank, State bank Of India, HDFC Bank, Infosys, and NTPC.

You can begin investing in the with a minimum required amount of Rs 100. For investing via SIP, the minimum amount required is Rs 100. Investors should note that this fund is an equity category fund. Investing in this fund doesn't guarantee returns.

Disclaimer

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