Top Flexi Cap Funds for Investment in November 2024
Flexi-cap mutual fund is an equity mutual fund that can diversify investments across multiple sectors and industries. This helps to balance the risk of investors experiencing extreme concern about the recent changes and uncertainties in the market.
Sometimes new and inexperienced investors are confused about whether to invest in large-cap, mid-cap, small-cap, or any other fund. Before investing in the mutual fund, the investors need to test the past returns.
If You Want to Invest in Flexi Cap Funds, Here is an Easy Way:
It offers freedom to the fund manager to invest in market sectors and capitalizations, and the fund manager can invest wherever on the basis of the market outlook. Flexi-cap mutual funds are usually recommended for moderate investors for wealth creation over a long period of time. If you want to invest in this scheme, you should invest with an investment outlook of five to seven years.
These are the Top Flexi Cap Schemes for Investment in November 2024:
- UTI Flexi Cap Fund
- Parag Parikh Flexi Cap Fund
- PGIM India Flexi Cap Fund
- SBI Flexi Cap Fund
- Aditya Birla Sun Life Flexi Cap Fund
- Canara Robeco Flexi Cap Fund
UTI Flexi Cap Fund has been in the top fourth quartile in the last 17 months. PGIM India Flexi Cap Fund has been in the top fourth quartile in the last 8 months. Aditya Birla Sun Life Flexi Cap Fund has been in the top third quartile in the last 18 months. Canara Robeco Flexi Cap Fund has been in the top third quartile in the last 16 months.
As stated before, these funds give freedom to the fund manager to invest wherever they want. For instance, X might invest more in large-cap stocks, or in the bull market, X might invest more in mid-cap and small-cap stocks.
Investors need to be aware of what scheme they have chosen in line with their risk appetite. Sometimes flexi-cap funds may be more orthodox than others; in this case, you should choose the right scheme that suits your nature.
