Looking for high return flexi cap mutual funds? Review the best options for 2024 that offer excellent returns and are ideal for long-term investors seeking growth. Flexi-cap mutual funds are versatile investment vehicles offering exposure to companies of all sizes—large-cap, mid-cap, and small-cap—depending on the market scenario. These funds allow fund managers to adapt to market dynamics, making them a preferred choice for investors seeking growth with diversification. Here’s a detailed look at some of the best-performing flexi-cap funds based on their historical returns, net assets, and expense ratios.
JM Flexicap Fund
- Rating: ★★★★★
- Net Assets: ₹4,722 crore
- Performance:
- 3-Month Returns: -5.58%
- 6-Month Returns: 5.11%
- 1-Year Returns: 40.29%
- 3-Year Returns: 23.65%
- 5-Year Returns: 23.58%
- Expense Ratio: 1.81%
The JM Flexicap Fund stands out with stellar 1-year and 5-year returns, making it a strong contender for long-term wealth creation. Despite recent short-term volatility, the fund’s consistent performance over longer durations reflects robust management and strategic investment choices.
HDFC Focused 30 Fund
- Rating: ★★★★★
- Net Assets: ₹14,969 crore
- Performance:
- 3-Month Returns: 0.83%
- 6-Month Returns: 10.10%
- 1-Year Returns: 34.55%
- 3-Year Returns: 23.00%
- 5-Year Returns: 22.27%
- Expense Ratio: 1.68%
HDFC Focused 30 Fund is tailored for investors looking to invest in a concentrated portfolio of up to 30 high-quality stocks. It has delivered commendable returns across all timeframes, showcasing its ability to navigate different market cycles effectively.
HDFC Flexi Cap Fund
- Rating: ★★★★
- Net Assets: ₹64,929 crore
- Performance:
- 3-Month Returns: -0.07%
- 6-Month Returns: 9.78%
- 1-Year Returns: 34.73%
- 3-Year Returns: 22.54%
- 5-Year Returns: 22.46%
- Expense Ratio: 1.43%
As one of the most significant funds in the category, the HDFC Flexi Cap Fund offers investors stability and a diversified approach. Its relatively low expense ratio makes it attractive for those seeking moderate risk with consistent returns.
Bank of India Flexi Cap Fund – Regular Plan
- Rating: ★★★★
- Net Assets: ₹1,930 crore
- Performance:
- 3-Month Returns: -4.71%
- 6-Month Returns: 4.78%
- 1-Year Returns: 37.57%
- 3-Year Returns: 20.22%
- 5-Year Returns: Data unavailable
- Expense Ratio: 2.02%
The Bank of India Flexi Cap Fund offers impressive 1-year returns but has higher short-term volatility and a slightly elevated expense ratio. Investors with a moderate risk appetite and focusing on mid-term growth may consider this fund.
ICICI Prudential Retirement Fund – Pure Equity Plan
- Rating: ★★★★★
- Net Assets: ₹1,017 crore
- Performance:
- 3-Month Returns: -1.77%
- 6-Month Returns: 3.88%
- 1-Year Returns: 36.75%
- 3-Year Returns: 19.55%
- 5-Year Returns: 22.90%
- Expense Ratio: 2.15%
Designed for long-term goals like retirement planning, the ICICI Prudential Retirement Fund offers high-growth potential and strategic equity exposure. Despite a higher expense ratio, its returns make it a worthy option for disciplined, long-term investors.
Key Considerations Before Investing
While flexi-cap funds offer diversification and professional management, investors should analyze expense ratios, fund manager expertise, and past performance across different market cycles. It’s also essential to align your investments with your financial goals, risk tolerance, and investment horizon.
With these top-performing flexi-cap funds, you can build a well-rounded portfolio capable of navigating dynamic market conditions while generating robust long-term returns.