In recent days Mutual funds or SIP have emerged as popular investment plan to accumulate funds for various financial goals. Here are some of the India's best performing Flexi Cap Mutual Funds or SIP in 2021.
PGIM India Flexi Cap Fund Direct Growth
PGIM India Flexi Cap Fund Direct Growth with its objective to generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity related instruments including derivatives has been in existence for the last 6 years, as its date of inception is 4th March of 2015.
Minimum Investment and other details :
Initial Purchase – Minimum of Rs. 5,000/- and in multiples of
Re.1/- thereafter.
Additional Purchase - Minimum of Rs.1,000/- and in multiples of
Re.1/-thereafter.
Repurchase / Redemption Amount – Minimum of Rs. 1000/- and in
multiples of Re.1/- thereafter or account balance whichever is lower.
Expense Ratio: 0.30%
AUM: ₹ 1370.5 crore
NAV: ₹ 27.06 (as on 27th July, 2021)
Exit Load:-
- 10% of the units allotted may be redeemed/switched-out to debt schemes/PGIM India Arbitrage Fund without any exit load within 90 days from the date of allotment of units;
- Any redemptions/switch-outs in excess of the abovementioned limit would be subject to an exit load of 0.50%, if the units are redeemed/switched-out to debt schemes/PGIM India Arbitrage Fund within 90 days from the date of allotment of units;
- Nil - If the units are redeemed/switched-out after 90 days from the date of allotment of units;
No exit load will be charged for switches and STP between any open ended equity schemes, hybrid schemes (except PGIM India Arbitrage Fund) and fund of funds schemes.
As report says it gains over the past year were 79.79 percent and it has generated an average yearly return of 16.16 percent since its inception.
PGIM India Flexi Cap Direct Growth Fund has its vast equity sector allocation across financial, technology, healthcare, chemicals, and construction sectors and Infosys Ltd., ICICI Bank Ltd., Tata Consultancy Services Ltd., State Bank of India, Axis Bank Ltd. are among the top five holdings of the fund.
Parag Parikh Flexi Cap Fund Direct Growth
It is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks with the objective to generate long term capital growth from an actively managed portfolio of equity and equity related securities.
It has been around for eight years, having been established on 24th May of 2013.
Minimum Investment and other details :
New Purchase: ₹ 1,000;
Additional Purchase: ₹ 1,000;
Monthly SIP: ₹ 1,000;
Quarterly SIP: ₹ 3,000;
Expense Ratio: 0.89%
AUM: ₹ 11360.49 crore
NAV: ₹ 48.60 (as on 27th July, 2021)
Exit Load:-
- 2.00 % if the investment is redeemed or switched on or before 365 days from the date of allotment of units
- 1.00 % if the investment is redeemed or switched after 365 days but on or before 730 days from the date of allotment of units.
No Exit Load will be charged if investment is redeemed or switched after 730 days from the date of allotment of units.
Report says the last one year returns of Parag Parikh Flexi Cap Fund Direct-Growth are 58.89 percent and it has provided an average yearly return of 21.14 percent since its inception.
The fund has its vast equity sector allocation across technology, financial, services, automobile, and fast-moving consumer goods sectors and Alphabet Inc Class A, Bajaj Holdings & Investment Ltd., ITC Ltd., Microsoft Corporation (US), Facebook Co. are the fund's top five holdings.
UTI Flexi Cap Fund Direct Growth
it is a multi-cap mutual fund strategy with the objective to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum introduced by UTI Mutual Fund on 1st January 2013.
Minimum Investment and other details :
Min SIP: ₹ 500
Min Lumpsum: ₹ 5,000
Expense Ratio: 1.19%
AUM: ₹ 19579.08 crore
NAV: ₹ 248.36 (as on 27th July, 2021)
Exit Load:-
- For 0 - 1 Years: 1%
- After 1 Years: 0%
As per report it returns for the previous year were 64.93 percent and from its inception, it has generated an average yearly return of 17.23 percent. It has 97.98% investment in indian stocks of which 42.1% is in large cap stocks, 33.25% is in mid cap stocks, 9.43% in small cap stocks and HDFC Bank Ltd., Bajaj Finance Ltd., Larsen & Toubro Infotech Ltd., Housing Development Finance Corpn. Ltd., Kotak Mahindra Bank Ltd. are the fund's top five holdings.
Canara Robeco Flexi Cap Fund Direct Growth
It is a multi cap mutual fund scheme launched by the fund house Canara Robeco Mutual Fund on 2nd January of 2013 with the objective to generate capital appreciation by investing in equity and equity related securities.
Minimum Investment and other details :
Lump sum Investment: Minimum amount(₹): 5,000.00 and multiples of 1.00 thereafter. Subsequent purchases: Minimum amount of 1000.00 and multiples of 1.00 thereafter.
Systematic Investment Plan (SIP) Minimum installment amount(₹): 1,000.00 and 2,000.00 respectively for Monthly and Quarterly frequency respectively and in multiples of 1.00 thereafter.
Systematic Transfer Plan (STP) / Systematic withdrawal plan(SWP) Minimum installment amount(₹): 1,000.00 and 2,000.00 respectively for Monthly and Quarterly frequency respectively and in multiples of 1.00 thereafter.
Expense Ratio: 0.60 %
AUM: ₹ 4813.31 crore
NAV: ₹ 220.26 (as on 27th July, 2021)
Exit Load:-
- 1% - If redeemed/switched out within 1 year from the date of allotment, Nil - if redeemed / switched out after 1 year from the date of allotment.
As report says Canara Robeco Flexi Cap Fund Direct-Growth returns for the previous year were 57.04% and it has generated 15.29 percent average annual returns since inception. It has vast equity sector allocation across the Financial, Technology, Automobile, Energy, Healthcare sectors and Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Tata Consultancy Services Ltd., Reliance Industries Ltd. are the fund's top five holdings.
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Disclaimer: Above mention data are not an investment tip/advice. These are the perfomance figures which is available in public domain. Investors should certainly not take any trading and investment decision based only on information mention above. ezzyinfo.com and author will not responsible for any lossesand/or damages arising based on above information.
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