DelhiDesk Multiple flexi cap mutual fund schemes in India have given lower returns than fixed deposits in the past year, according to the Association of Mutual Funds in India. However, 12 flexi cap funds have returned over 10% in the same period, including JM Flexicap Fund, HDFC Flexi Cap Fund, and ICICI Prudential Flexicap Fund. The top-performing schemes track the S&P BSE 500 Total Return Index or the Nifty 500 Total Return Index, which have returned 7.42% and 7.25%, respectively, in the past year.
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👉 Many flexi cap mutual fund schemes have given less returns than fixed deposits in a year.
👉 Two flexi cap funds have given negative returns in one year, while two schemes have given returns of less than 5%.
👉 14 flexi cap schemes have given single digit returns under their direct plans.
👉 12 flexi cap funds under direct plans have managed to give returns of more than 10% in one year.
👉 JM Flexicap Fund, HDFC Flexi Cap Fund, ICICI Prudential Flexicap Fund, Quant Flexi Cap Fund, Invesco India Flexi Cap Fund, Parag Parikh Flexi Cap Fund, Edelweiss Flexi Cap Fund, Kotak Flexicap Fund, Franklin India Flexi Cap Fund, Mahindra Manulife Flexi Cap Fund, DSP Flexi Cap Fund, and Bank of India Flexi Cap Fund are the schemes that have given returns of more than 10% in one year.
👉 All the mentioned schemes track either S&P BSE 500 Total Return Index or Nifty 500 Total Return Index.
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