Best Flexi Cap Mutual Funds in 10 years (July 2023): Top 10 schemes with 16% to 23% SIP returns
Best-performing Flexi Cap Funds in 10 years (till July 28): Direct plans of as many as 10 Flexi Cap Mutual Fund schemes have given over 16% annualised returns in 10 years. The regular plans of these schemes have also given over 15% returns in this duration, as per data on the website of the Association of Mutual Funds in India (AMFI) tracked till July 28, 2023.
Nine of these 10 top-performing flexi cap funds have also beaten their respective benchmark indices in 10 years, data shows.
A monthly SIP of Rs 10,000 in the direct plan of any of these schemes could have grown to at least Rs 29 lakh in 10 years (assuming 16% annualised returns). Following is the list of such top-performing flexi cap funds, as per AMFi website data.
Quant Flexi Cap Fund
The direct plan of Quant Flexi Cap Fund has given 23.90% annualised returns while the regular plan has given 23% returns in 10 years. The scheme tracks NIFTY 500 Total Return Index, which has given 15.43% returns in 10 years.
Parag Parikh Flexi Cap Fund
The direct plan of Parag Parikh Flexi Cap Fund has given 19.85% annualised returns while the regular plan has given 19% returns in 10 years. The scheme tracks NIFTY 500 Total Return Index, which has given 15.43% returns in 10 years.
Also Read: Best Mid Cap Mutual Funds in 10 years (July 2023): Top schemes with 21% to 24% SIP returns
JM Flexicap Fund
The direct plan of JM Flexicap Fund has given 19.29% annualised returns while the regular plan has given 18.11% returns in 10 years. The scheme tracks S&P BSE 500 Total Return Index, which has given 15.58% returns in 10 years.
SBI Flexicap Fund
The direct plan of SBI Flexicap Fund has given 18.18% annualised returns while the regular plan has given 17.11% returns in 10 years. The
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