Synopsis: This article reviews the best-performing flexi-cap funds in the past five years, as well as the past year. Most important metrics addressed include the expense ratio, exit load, Assets Under Management (AUM) and Net Asset Value (NAV) of these funds.
Flexi-cap funds invest in all kinds of companies like large, mid, and small scale, across the board. They offer flexibility to deal with a portfolio across all five market cap sizes, tending towards a mediocre risk and return track. This review consists of key fund information like the expense ratio, exit load, the size of the fund, and NAV
1. ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth
- 5 Years IRR: 29.4 %
- This year also maintain 9.44% growth
- Expenses Ratio: 0.69
- Minimum SIP: ₹100
- Minimum Lump Sum: ₹5000
This Fund has a Lock-in period of 5 Years (which means you can’t withdraw for 5 years). Best for Long- term investment. 40-45 stocks, moderately diversified.
2. HDFC Focused Fund Direct Growth
- 5 years IRR: 30.4%
- Expenses Ratio: 0.57%
- This year a healthy growth of 8.16%
- Minimum SIP: ₹100
- Minimum Lump Sum: ₹100
- Exit load:1% if redeemed within 1 year
This fund is a focused strategy with up to 30 stocks. Strong emphasis on quality and growth.
3. HDFC Flexi Cap Direct Plan Growth
- 5 years IRR: 29.9
- Expenses Ratio: 0.7
- This year maintained 7.5%
- Minimum SIP: ₹100
- Minimum Lump Sum: ₹100
- Exit load: 1% if redeemed within 1 year
HDFC Flexi Cap Direct Plan Growth is one of India’s largest Flexi-Cap funds with AUM over ₹80,000 crore. Known for low churn and long-term conviction bets.
4. JM flexicap fund direct plan growth
- 5 years IRR: 26.93%
- This year only -4.13% returns
- Expenses Ratio: 0.54%
- Minimum SIP: ₹100
- Minimum Lump Sum: ₹1000
- Exit Load:Units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Actively managed with a high turnover ratio (~171%), meaning the fund manager frequently reshuffles holdings to capture short-term opportunities
5. ICICI Prudential India Equity FOF Direct Growth
- 5 years IRR: 26.7%
- Expenses Ratio: 0.63
- This year maintain 1.4%
- Minimum SIP: ₹100
- Minimum Lump Sum: ₹500
- Exit load:Units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Also read: How a 34-Year-Old Can Build ₹2 Crore Retirement Corpus with Just ₹16,000 Monthly SIP
Fund of Funds (FOF) – invests in a basket of other equity mutual funds, not directly in stocks. Passive allocation with periodic rebalancing; ideal for investors seeking broad equity exposure without picking individual schemes.
| Fund Name | 1 Year return | 5 Years return | Expenses Ratio | Fund Size(AUM) | NAV |
| ICICI Prudential Retirement Fund | 9.44% | 29.4 | 0.69 | ₹1,332 | 36.3 |
| HDFC Focused Fund Direct Growth | 0.97% | 30.4% | 0.57 | ₹22,444 | 2,230 |
| HDFC Flexi Cap Direct Plan Growth | 4.51% | 29.9 | 0.63 | ₹81,935 | 267 |
| JM flexicap fund direct plan growth | 8.16% | 26.93% | 0.54 | ₹5,943 | 112.37 |
| ICICI Prudential India Equity FOF Direct Growth | 1.4% | 26.7% | 0.63 | ₹218 | 32.10 |
Conclusion
Flexi-cap funds are are some of the most preferred mutual fund investments as they can be allocated in large, mid, and small-scale sectors and they have moderate risk-return profile. Before investing, one must carefully consider the fund’s expense ratio and exit load.
Written by Yatheendra N
