The flexi cap class supplied a mean return of 8.31% within the first half of the 12 months (January to June). In the course of the first six months of 2023, the benchmarks for the class — NIFTY 500 – TRI, and S&P BSE 500-TRI —supplied 6.84%,and 6.78% respectively.
There have been 33 schemes within the flexi cap class. All of the schemes within the class had been in inexperienced. Parag Parikh Flexi Cap Fund, the topper within the class, supplied 16.38%, adopted by JM Flexicap Fund (12.08%). Quant Flexi Cap Fund supplied the bottom return of three.24%.

Quarterly efficiency
Throughout April-June quarter in 2023, all of the schemes within the flexi cap class managed to supply double-digit returns, apart from Shriram Flexi Cap Fund. The scheme supplied single-digit returns. The class supplied a mean return of round 12.95%. Throughout the identical interval, the benchmark indices, NIFTY 500 – TRI, and S&P BSE 500 – TRI, supplied round 13.25%, and 13.18% respectively.

In the course of the quarter that led to June, ITI Flexi Cap Fund, the topper within the class, supplied round 16.19% returns, adopted by JM Flexicap Fund which supplied 15.80%. Shriram Flexi Cap Fund supplied the bottom return of round 9.04%. Out of 35 schemes, 34 schemes supplied greater than 10% returns within the quarter that led to June. Throughout January-June 2023, out of 33 schemes, 25 schemes outperformed their respective benchmarks. Throughout April-June, out of 35 schemes, 15 flexi cap schemes managed to beat their respective benchmarks. Nevertheless, 13 schemes outperformed their respective benchmarks in each the horizons.
As per AMFI knowledge, throughout January-Could 2023 (final obtainable knowledge), the flexi cap class obtained a complete influx of Rs 4,097.39 crore. The asset below administration for flexi cap class as on Could 31,2023 was Rs 2.62 lakh crore, the very best amongst all fairness classes..

Notice, the above train just isn’t a advice. The primary objective of this train is simply to learn the way flexi cap schemes carried out within the first half of 2023. One shouldn’t make funding or redemption choices based mostly on the above train. One ought to all the time select schemes based mostly on threat urge for food, funding horizon and objective.

We thought-about the common and development choices. The returns for January to June 2023 had been calculated from January 2,2023 to June 30,2023. The quarterly returns for the quarter that led to June 2023 had been calculated from April 3, 2023 to June 30, 2023.

Flexi cap schemes are sometimes really useful to reasonable traders to create wealth over an extended time period. Ideally, one ought to spend money on these schemes with an funding horizon of 5 to seven years. Flexi cap mutual funds supply the fund managers the liberty to take a position throughout market capitalisations and sectors/themes. It means the fund managers can make investments wherever based mostly on his outlook in the marketplace.

If you’re in search of suggestions, see: Finest flexi cap mutual funds to spend money on 2023

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