Nowadays everyone is making small but sure investment. Somewhere people have become so sensible now that they now know that if money is not made from money, then they may have to face financial crisis in the coming times.
That’s why people invest to keep their future financially secure. The stock market picture comes first for investment but not everyone wants to bear its risk so people invest in Mutual Funds (MFs) which gives them the option of indirect investment in the stock market.
However, investors should also do proper risk analysis before investing in mutual funds. They should also consider the advantages and disadvantages of different categories of mutual fund schemes like flexi cap, multi-cap, index fund focused fund etc. Today we are going to tell you about such flexi-cap mutual funds which give more returns than Public Provident Fund (PPF), Bank Fixed Deposit (FD) returns.
What Is Flexi-Cap Mutual Fund?
Flexi-cap mutual fund schemes invest your money in securities across market capitalization such as large-cap, mid-cap and small-cap.
Flexi-cap mutual funds invest at least 65 percent of the total assets in equity and equity-related instruments. This means that at least 65 per cent of the total assets of the scheme should be allocated to investments in equity and instruments having an equity component. In flexi-cap funds, only stocks with a specified market cap are available for the fund manager to choose from.
Which Are The Best Flexi-Cap Funds?
As per the knowledge of the matter, there are some good flexi-cap funds in the market to invest in which give returns higher than the returns of Public Provident Fund and Bank Fixed Deposits. These funds are:
- JM Flexicap Fund which has given a return of 17.15% in one year.
- HDFC Flexi Cap Fund which has given a return of 16.93% in one year.
- ICICI Prudential Flexicap Fund which has given a return of 15.39% in one year.
- 360 One Focused Eqt Dir which has given a return of 30.18% in one year.
- Franklin Ind Focuses which has given a return of 26.75% in one year.
- Edelweiss Flexi Cap which has given a return of 25.88% in one year.
