Best Flexi Cap Funds: Best Flexi Cap Mutual Funds in 2024

Flexi cap mutual funds are a versatile investment option, offering exposure to companies across all market caps and sectors. These funds provide fund managers with the flexibility to adjust portfolios in response to changing market conditions. Here’s a concise analysis of the best flexi cap funds for 2024.

What Are Flexi Cap Funds?
Flexi cap funds invest in companies of varying sizes across diverse industries. They are ideal for medium-risk investors with long-term wealth creation goals, typically over 5-7 years.

Advantages of Flexi Cap Funds:

• Diversification across sectors and market caps.

• Adaptability to shifting market trends.

• Suitable for long-term financial objectives.

Top 3 Flexi Cap Funds

1. Quant Flexi Cap Fund (Direct-Growth)

• Objective: Invests in large, mid, and small-cap companies to generate stable returns.

• 1-Year Return: 33.37%

• Expense Ratio: 0.59%

• Top Holdings: Reliance Industries (9.47%), ITC Ltd. (8.75%), Samvardhana Motherson (6.59%)

2. JM Flexicap Fund (Direct-Growth)

• Objective: Seeks capital appreciation by balancing investments across large, mid, and small caps.

• 1-Year Return: 43.37%

• Expense Ratio: 0.42%

• Top Holdings: HDFC Bank (6.21%), ICICI Bank (5.26%), State Bank of India (4.04%)

3. HDFC Flexi Cap Fund (Direct-Growth)

• Objective: Focused on income and capital growth through equity investments.

• 1-Year Return: 36.06%

• Expense Ratio: 0.77%

• Top Holdings: ICICI Bank (9.85%), HDFC Bank (9.62%), Axis Bank (8.57%)

Conclusion

Flexi cap funds are excellent for long-term wealth creation, offering flexibility and diversification. Consider Quant Flexi Cap, JM Flexicap, or HDFC Flexi Cap for your portfolio.