Best performing Flexi-cap fund!

Since last one year people are getting attracted to the equity market looking at returns it has delivered. Many of them are excited to commence their investment journey in the equity market but are afraid to invest directly due to a lack of adequate knowledge.

If this is the case, then one can start investing through mutual funds which are managed by professional fund managers. Mutual fund offers equity-oriented schemes which are further divided into various sub-categories according to risk appetite and investment objectives of an individual such as large-cap, mid-cap, small-cap, etc. If an individual wish to take exposure of all market capitalization, then they can invest in flexi-cap or multi-cap funds. However, presently many mutual funds offering multi-cap schemes are converting to flexi-cap due to the freedom they get to invest in any market capitalization without any restrictions, unlike multi-cap funds.

Following are the best performing flexi-cap funds based on one-year return:

As we can see in above table, PGIM India Flexi Cap Fund has performed best within its category. Here is the sector wise allocation and the top 5 holdings of the fund.

Performance of the fund as against its benchmark and NIFTY 50 TRI:

As we can see in the below table PGIM Flexi Cap Fund have outperformed its benchmark Nifty 500
TRI since inception.