• Both PPF (Public Provident Fund) and FD are secure investment options, shielding investments from market fluctuations.
• FDs are facilitated by NBFCs and banks, functioning as a savings scheme, offering one of the securest investment avenues. The financial goals of individuals may vary, influencing their choice between these options.
• PPF allows investments ranging from a minimum of ₹500 to a maximum of ₹1.5 lakh annually. Returns on investments exceeding ₹1.5 lakh annually are not accrued.
• FDs offer investment periods from as short as seven days to as long as ten years. In contrast, PPF accounts have a fixed duration of 15 years, extendable in blocks of five years.
• FDs yield interest on a monthly, quarterly, or semi-annual basis, while PPF provides interest at a rate of 7.1% annually, offering compounded interest annually.
• Tax-saving can be achieved through FDs, with investors benefiting from tax savings up to ₹1,50,000. PPF also offers tax-saving benefits; under Section 80C of the Income Tax Act, 1961, the income and maturity amounts from PPF are tax-free.

Understanding these differences can aid individuals in aligning their investment choices with their financial aspirations and goals, ensuring both security and optimal returns in the long run.

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.