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With Over 45% Returns on SIP In 5-Year, This Flexi-Cap Is Good To Invest
The Flexi cap mutual funds are open-ended and dynamic equity funds that invest in stocks with varying market capitalizations, such as large-caps, mid-caps, and small-caps. Here, we have highlighted one Flexi-cap fund that has performed above average among its peer fund and has given promising returns on long term SIP. Read on to know more!
Franklin India Flexi Cap Fund - Direct-Growth
This is a 27-year old Flexi cap fund launched on September 29, 1994, by the Franklin Templeton Mutual Fund. It is an open-ended medium-sized fund of its category.
The fund has worth Rs 9743.74 crore size of Assets Under Management (AUM). The Net Asset Value (NAV) of this fund declared on 20th May 2022 is Rs 959.6131. The fund has an expense ratio of 1.15%. While the category average expense ratio is 0.91%.
The fund aims to provide growth of capital and regular dividend from a portfolio of equity, debt and money market instruments and focus on wealth-creating companies across all sectors and market cap ranges. Its benchmark is NIFTY 50 TRI.
The fund is rated highly risky for investments, however, it is rated 4-star by the CRISIL, previously it was 3-star rated. Also, it has given better, particularly above than among its peer funds.
To start investing in this fund, you required a minimum of Rs 5,000 and for additional investment of Rs 1,000. To start SIP in this fund, the minimum amount required is Rs 500.
There is no lock-in period applicable in this fund. However, it charges 1% for redemption within 365 days of the investments.
Absolute And Annualised Returns
Lump-Sum Investment Returns
In the last 1-year, the fund has delivered 12.32% returns. Since its inception, it has delivered 15.23% average annual returns.
| Tenure | Absolute Returns | Annualised Returns |
| 1 Year | 12.32% | 12.32% |
| 2 Year | 101.25% | 41.86% |
| 3 Year | 53.75% | 15.40% |
| 5 Year | 73.98% | 11.70% |
| Since Inception | 278.26% | 15.23% |
SIP Returns
| Tenure | Absolute Returns | Annualised Returns |
| 1 Year | -2.54% | -4.69% |
| 2 Year | 22.81% | 21.18% |
| 3 Year | 36.26% | 21.18% |
| 5 Year | 45.70% | 15.05% |
Portfolio
The fund has 96.59% investment in equities (Indian)of which 68.31% is in large-cap stocks, 13% is in mid-cap stocks, and 4.06% is in small-cap stocks. The majority of the fund's assets are invested in the financial, technology, consumer staples, energy, and automobile sectors. ICICI Bank Ltd., Infosys Ltd., HDFC Bank Ltd., Axis Bank Ltd., and Bharti Airtel Ltd. are 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.
