Flexi cap funds gave an average return of 4.55% in the January - March quarter of 2024. There were around 38 schemes in the market during the said period.
At present there are around 35 schemes in the flexi cap category. Out of 35 schemes, 19 schemes have increased their allocation in mid cap stocks and 26 schemes increased their allocation in small cap stocks. Around 24 flexi cap schemes have reduced their allocation in large cap stocks.
Best Flexi Cap Mutual Funds in 1 year (July 2023): 10 schemes with 23% to 30% SIP returns financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
With 30 funds and a combined asset under management (AUM) of over Rs. 2.56 crore, the flexi-cap funds provided an average return of 14.34 per cent in a year, AMFI data shows
India’s tightly regulated and highly competitive mutual funds market is dominated by large established players. But a bunch of new fund houses is looking to disrupt the space that is already riding high on technology, innovation and digitisation