September 23, 2021

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Mutual Fund: Know which fund house’s flexi cap fund gave more returns than the category, more than 63 percent return in a year

Mutual Fund: Know which fund house's flexi cap fund gave more returns than the category, more than 63 percent return in a year

Highlights

  • Even though the pace of the economy is sluggish during the Corona period, the stock market is running continuously.
  • That is why mutual funds have performed well during this period as well.
  • At present, the flexi cap scheme of mutual funds has given good returns to the investors in the last few years.
  • In view of its popularity, recently some fund houses have also launched new schemes in this category.

Mumbai
Even though the pace of the economy is sluggish in the Corona period, but the stock market is running continuously. then even during this mutual fund (Mutual Fund) has performed well. At this time, the mutual fund Flexi Cap Scheme (Flexi Cap Scheme) has given good returns to the investors in the last few years. Seeing its popularity, recently some fund houses have also launched new schemes in this category. In the last one year, some schemes have given returns of more than 63 per cent to investors.

48.51% return in one year
Statistics show that by 30 June 2021, Aditya Birla Sun Life Mutual Fund (Aditya Birla Sun Life Mutual Fund)’s Flexi Cap scheme has given a profit of 63.51 percent in one year. While Kotak Flexi Cap has given a gain of 50.19 per cent and Axis Flexi Cap has given a gain of 48.51 per cent. Birla’s scheme has given a gain of 14.57 per cent, HDFC’s FlexiCap 14.43 per cent and Kotak’s scheme 13.94 per cent over a three-year period. In 5 years, Flexi Cap of Birla has given 15.67 per cent and Kotak’s Flexi Cap has given 14.75 per cent while HDFC’s Flexi Cap has given 14.01 per cent.

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22 years ago the investment of one lakh is now more than one crore
Talking about the Flexi Cap category, it has given 59.49 per cent in one year period, 13.31 per cent in 3 years and 14.49 per cent in 5 years. If one would have invested Rs 1 lakh in Birla’s Flexi Cap scheme 22 years ago, it would have become Rs 1.04 crore this time. That is, the benefit of 104 times has been received. In the same year, the investment of Rs 10 thousand has become Rs 16,351 and in 5 years has become Rs 20,718. The investment of 10 thousand 22 years ago has become Rs 10.48 lakh today. Since inception, it has given returns at a CAGR of 22.57 per cent.

Invest mostly in large caps
The fund currently invests 67 per cent of the total portfolio in large caps. The rest is invested in mid and small cap stocks. Its portfolio consists of 18 sectors and 66 stocks. The maximum exposure of this fund is in banking, financial, services and insurance, which is 31 percent. This scheme of Birla was launched in 1998. In this scheme of the country’s fourth largest fund house, investors have got better returns than its counterpart fund house and category.

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Flexi Cap Diversified Multi Cap Fund
Investment and market experts say that Flexi Cap is a diversified multi cap fund. Such funds have the flexibility to invest in companies of any market cap. Mostly it invests 60-75 per cent in large cap stocks. This fund identifies strong companies in the sector. Invests in companies that are market leaders, with strong management and good corporate governance. Select companies that have a strong balance sheet, which have high growth potential and have a fair valuation and invest in them.

 

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