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This Flexi-Cap Mutual Fund Has Delivered 43.71% Returns In 3 Years, Check Out Portfolio

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While large-cap funds devote at least 80% of their assets to the top 100 businesses by market capitalization, Flexi-cap funds have a preference for large-cap companies but have the flexibility to allocate across market capitalizations based on values. This Flexi fund highlighted here is a 3-year-old fund that has given good returns since its inception.

 

 Shriram Flexi Cap Fund - Direct Plan-Growth

Shriram Flexi Cap Fund - Direct Plan-Growth

This is a 3-year-old mutual fund that was launched on 28 September 2018 by the Shriram Mutual fund. The Assets under management of the Direct Plan-Growth scheme of this fund are Rs 63.87 Crore. The NAV is Rs 15.4171 as of 01 April 2022. Its expense ratio is 0.65%, which is below its category average of 0.95%. It is an open-ended medium-sized mutual fund scheme in its category. 

This is an equity mutual fund. The fund aims to generate returns by investing in equity and equity-related securities diversified over various sectors. The fund is currently managed by Gargi Bhattacharyya Banerjee and Kartik Soral. It is a very high-risk fund. This fund has been rated 2 stars by the CRISIL. For investment in this scheme, the minimum investment required is Rs 5000 and for SIP, it is Rs 1000. This mutual fund scheme has no lock-in period. 

Absolute And Annualized Returns
 

Absolute And Annualized Returns

Lump-Sum Investment Returns

Under the Direct Plan-Growth scheme of the fund, it has delivered 13.13% average annual returns Since its inception. 

Investment PeriodAbsolute ReturnsAnnualised Returns
1 Year16.68%16.68%
2 Year85.58%36.23%
3 Year43.71%12.84%
Since Inception54.17%13.13%

SIP Returns

SIP PeriodAbsolute ReturnsAnnualised Returns
1 Year5.27%9.92%
2 Year25.30%23.37%
3 Year31.59%18.67%
Portfolio

Portfolio

94.7 percent of the fund's holdings are in Indian equities, with 56.04 percent in large-caps, 12.9 percent in mid-caps, and 17.58 percent in small-caps. The majority of the fund's assets are invested in the financial, materials, automotive, technology, and healthcare sectors. It has given less exposure to the Financial and Materials sectors. ICICI Bank Ltd., HDFC Bank Ltd., Larsen & Toubro Ltd., Tata Consultancy Services Ltd., and Infosys Ltd. are among the fund's top holdings.

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.

Read more about: shriram mutual fund sip
Story first published: Monday, April 4, 2022, 20:03 [IST]
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