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This Flexi Cap Fund, Ranked 1 By CRISIL Offers Good Return On 1-Year Investment
Flexi Cap Funds are a type of mutual fund that offers a great return on investments as they invest a minimum of 65% of their corpus in equities. These funds are not restricted to investing in companies with a predetermined market capitalization. A Flexi cap fund can provide the fund manager with greater investment choices and diversification as they invest in larger, mid, and small-cap stocks. Flexi-cap funds are best suited for equities fund investors since the responsibility of stock selection is entirely in the hands of the fund management, which is the whole point of investing in a mutual fund.
PGIM India Flexi Cap Fund- Growth
PGIM India Flexi Cap Fund-Growth, a Flexi cap fund, has a promising return that is 42.35% on one year on investment, which is higher than its category average. The fund is invested in Indian equities to the tune of 95.47%, with 49.5% in large-cap companies, 12.75% in mid-cap stocks, and 23.32% in small-cap stocks. The NAV of the fund is INR 28.2 as of 14th January 2021. The fund size is INR 3301.69 Cr that almost 1.49% of investment in Category. The expense Ration is 2.18%, which is slightly below its category average of 2.21%.
The investment in PGIM India Flexi Cap Fund-Growth is highly risky, however, it is ranked 1 and given 5 stars by the CRISIL, which indicated it has a very good performance among its peers. The objective of the fund is to create income and capital appreciation by investing primarily in an actively managed diversified portfolio of stocks, bonds, and equity-related securities, including derivatives.
Who should Invest in the fund?
Investors who want to put their money in for at least 3-4 years expect a big return. These investors should, however, be prepared for the risk of moderate losses in their assets. Talking about risk factors, the fund's Standard Deviation Value and Beta Value have high volatility, whereas, Sharpe ratio, Treynor's Ratio, and Alpha Ratio offer a better-adjusted ratio as of 31 December 2021 for the last 3 years. You may expect profits that easily outperform inflation as well as returns from fixed-income choices if you invest for 3 years or longer. However, the risk factor will be there.
Should you start SIP?
This is a Flexi-cap fund, which means the fund management team may invest in firms of various sizes based on where it expects to make the most money. You can start investing in the PGIM India Flexi Cap Fund-Growth with an initial investment/SIP of a minimum INR 1000 for up to 3-5 years, as the objective of the fund is to generate income for a long period of time.
NAV As on 14th January 2022
| Period Invested for | ₹1000 SIP Started on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 14/01/21 | 12000 | 14471.13 | 20.59% | 40.01% |
| 2 Year | 14/01/20 | 24000 | 38682.41 | 61.18% | 53.52% |
| 3 Year | 14/01/19 | 36000 | 64738.15 | 79.83% | 41.99% |
| 5 Year | 13/01/17 | 60000 | 118256.28 | 97.09% | 27.48% |
Disclaimer
Mutual fund investments are subject to market risk. Please read all documents related to the scheme, and terms and conditions carefully before investing. The information above are carried forward from the MoneyControl. The above-mentioned information is purely informational. The Greynium Information Technologies and the author are not liable for any losses caused as a result of a decision based on the article.
