Best performing flexi-cap and multi-cap funds in the last one year!
Have a look at best performing flexi-cap funds and multi-cap funds in the last one year
Best performing flexi-cap and multi-cap funds in the last one year
Flexi-cap and multi-cap funds are equity-oriented mutual funds, which invest in stocks of the companies across the different market capitalization such as large-cap, mid-cap, and small-cap. These funds allow investors to diversify their portfolios across sectors as well as market capitalization.
Flexi-cap funds are quite similar to multi-cap funds in the way they invest across the market capitalization but differ in the proportion of funds invested in each of the market capitalizations. In the case of multi-cap funds, SEBI has mandated a minimum of 75 per cent of the total assets towards equity and equity-related instruments and a minimum of 25 per cent of allocation towards large-cap, mid-cap and small-cap companies each.
On the other hand, Flexi-cap funds have to put 65 per cent of the total assets towards equity and equity-related instruments and there is no pre-defined proportion to invest in small-cap, mid-cap, or large-cap stocks. Due to this benefit in Flexi-cap funds, many AMCs recategorized the multi-cap funds to Flexi-cap funds. The net Asset Under Management of flexi-cap funds has surged up from Rs 75,613.66 crore to ₹2,22,709.69 crore i.e., 194.53 per cent increase. Besides, net Asset Under Management of multi-cap funds has decreased from Rs 87,826.70 crore to Rs 44,515.64 crore i.e., 49.31 per cent decrease.
Let’s have a look at best performing flexi-cap funds and multi-cap funds in the last one year:
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Flexi-Cap Funds
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Fund Name (Direct Plan)
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1-Year Return (%)
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Benchmark
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Benchmark 1-Year Return (%)
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Outperformance of funds over its benchmark (%)
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AUM (as of Dec 2021) (in crore)
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Quant Flexi Cap Fund
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56.04
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NIFTY 500 Total Return Index
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22.10
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33.94
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₹42
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BOI AXA Flexi Cap Fund
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39.96
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S&P BSE 500 Total Return Index
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22.14
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17.82
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₹193
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Parag Parikh Flexi Cap Fund
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31.92
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NIFTY 500 Total Return Index
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22.10
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9.82
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₹19,933
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PGIM India Flexi Cap Fund
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31.76
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NIFTY 500 Total Return Index
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22.10
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9.66
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₹3,302
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IDBI Flexi Cap Fund
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29.85
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NIFTY 500 Total Return Index
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22.10
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7.75
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₹390
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Multi-Cap Funds
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Fund Name
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1-Year Return (%)
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Benchmark
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Benchmark 1-Year Return (%)
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Outperformance of funds over its benchmark (%)
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AUM (as of Jan 2022)
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Quant Active Fund
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53.38
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Nifty 500 Multicap 50:25:25 Total Return Index
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29.51
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23.87
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₹1,596
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Mahindra Manulife Multi Cap Badhat Yojana
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40.44
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Nifty 500 Multicap 50:25:25 Total Return Index
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29.51
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10.93
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₹919
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Nippon India Multi Cap Fund
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37.76
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Nifty 500 Multicap 50:25:25 Total Return Index
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29.51
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8.25
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₹11,269
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Baroda Multi Cap Fund
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35.67
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Nifty 500 Multicap 50:25:25 Total Return Index
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29.51
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6.16
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₹1,182
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BNP Paribas Multi Cap Fund
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32.76
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Nifty 500 Multicap 50:25:25 Total Return Index
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29.51
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3.25
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₹588
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