Considering the flexibility offered by them, they are a good option for investors who are looking to reduce their exposure to any one category of stocks. Here, the weightage is balanced across different categories rather than any single type of stocks.
We have selected three of the best flexi cap SIPs available in the market that you can look to invest for better appreciation of your funds.
- UTI Flexi Cap Fund
Having been accorded a 5 star rating by both Value Research and CRISIL, this asset management SIP is one of the highest in its category with over Rs 17000 crores under it. It has delivered a return of 2 year return of 24% and 5 year return of 17 % along with a whopping 78% in the last one year. Though it is a flexi cap fund, the top 5 stocks covered under the same are all large cap funds. These include HDFC Bank, L&T Infotech, Bajaj Finance, Kotak Mahindra Bank and HDFC. In addition to these, there are several smaller market cap stocks like Info Edge and Astral that are included under the fund.
- PGIM India Flexi Cap Fund
Again one of the top rated funds by CRISIL and a 4 star rated firm by Value Research, this flexi cap SIP is a great investment option. The fund is largely large-cap, with majority of the top 5 holdings being large cap companies. This is especially a good strategy considering that the small and mid cap companies have significantly rallied in the past few months and now it’s the turn of the large cap companies to take charge. Top holdings under this fund include ICICI Bank, Infosys, State Bank of India, Divis Labs and Axis bank. In terms of SIP, a minimum investment of Rs 1,000 would be required for you to choose this fund. This plan has the NAV of Rs 22.21. If a person had been investing Rs 10,000 over the last three years under this SIP fund, he or she would have created a corpus of Rs 5.74 lakhs today.
- Kotak flexi cap fund
This is another top performing fund since last few years. It has also received a 4 star rating from value Research. Almost 99 percent of this fund is completely invested with the remaining held in cash. This too has a significant exposure to large cap funds with top 7 of its best stocks being the large cap companies. Minimum investment needed under this SIP plan is Rs 500.
Conclusion : Though the above given three funds are the our top choices in the current time and space, these may or may not be aligned to every person’s investment goal. In order to make the best decision regarding where to invest your funds and which SIP to choose, consult our financial experts today. They will help you in analyzing the pros and cons of the plans available in the market and assist you in making the right choice.