Best Flexi Cap Mutual Funds in 3 years (July 2023): Top 10 schemes with 25% to 39% SIP returns

financialexpress.com:

Best-performing Flexi Cap Mutual Funds in 3 years (till July 21, 2023): There is a wide variance between the top and low-performing flexi cap mutual fund schemes in three years. There is a gap of around 25% in the returns of the lowest and top-performing flexi cap fund in 3 years.

Data on the website of the Association of Mutual Funds in India (AMFI) at the time of writing on July 23 shows that the top-performing Flexi Cap Fund in three years has given an annualised return of 39% under the direct plan while the lowest-performing scheme has given just around 14% annualised returns in 3 years.

Also, as many as 10 flexi-cap schemes have given over 25% annualised returns under direct plans while five flexi-cap funds have given less than 19% returns in three years. Following is the list of top-performing flexi cap funds in three years that have given over 25% annualised returns, as per AMFI website data (tracked till July 21).

Quant Flexi Cap Fund

The direct plan of Quant Flexi Cap Fund has given 39.17% annualised returns in three years while the regular plan has given 38.11% returns. The scheme tracks NIFTY 500 Total Return Index, which has given 24.37% returns in 3 years.

HDFC Flexi Cap Fund

The direct plan of HDFC Flexi Cap Fund has given 32.26% annualised returns in three years while the regular plan has given 31.43% returns. The scheme tracks NIFTY 500 Total Return Index, which has given 24.37% returns in 3 years.

Also Read: Should you invest in multi-cap or flexi-cap mutual funds?

Bank of India Flexi Cap Fund

The direct plan of Bank of India Flexi Cap Fund has given 29.74% annualised returns in three years while the regular plan has given 27.61% returns. The scheme tracks S&P BSE 500 Total Return Index, which has