3 flexi cap funds gave over 30% annualized returns in 2 years

According to data from the Association of Mutual Funds in India (AMFI), flexi cap funds recorded the highest inflow of ₹2,511.74 Cr among equity mutual funds for the month of June. 

A flexi cap funds invest in large-cap, mid-cap, and small-cap stocks irrespective of the predetermined market capitalisation, they are ideal for diversification.  

A Flexi cap mutual fund is a lower-risk fund for equity investors since the fund manager alters the exposure to large-cap, mid-cap, and small-cap stocks based on the condition of the economy or market. 

PGIM India Flexi Cap Fund - Direct Plan - Growth

Assets under management (AUM) for PGIM India Flexi Cap Fund Direct-Growth were around ₹4236.15 Cr as of June 30, 2022, while the fund's NAV was ₹26.12 as of July 8, 2022. 

The fund's annualised return over the past two years has been 32.22 per cent, compared to the category's average return of 26.23 per cent. 

HDFC Flexi Cap Fund Regular Growth

The fund has been rated 3-star by Value Research and as of June 30, 2022, the HDFC Flexi Cap Fund-Growth has assets under management (AUM) totalling ₹27433.08 Cr 

The fund, however, has produced an annualised return of 33.99 per cent over the last two years. 

Franklin India Flexi Cap Fund - Direct - Growth

The fund has also been rated 3-star by Value Research and assets under management (AUM) of Franklin India Flexi Cap Fund Direct-Growth as of June 30, 2022 were ₹9491.5 Cr. 

The fund has produced an annualised return of 32.06 per cent over the past two years and a category average return of 26.23 per cent.  

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