These 5 flexi-cap mutual funds have given investors inflation-beating returns

Flexi-cap mutual funds invest in companies across the spectrum in terms of market capitalisation. A fund manager invests in large-cap, mid-cap, and small-cap stocks as per discretion as this is a dynamic category of equity funds with at least 65% of total asset accounting for equity and equity related instruments.

Flexi-cap funds provide steady returns even during volatile times and bear market phases. This category of mutual funds is suitable for aggressive investors.

We have collated five funds, which have given inflation-beating returns over 3-5 years.

1) HDFC Retirement Savings Fund Equity Plan Direct-Growth Fund
The current net asset value (NAV) of the HDFC Retirement Savings Fund Equity Plan as of May 26, 2023, is Rs 37.30 for growth option. Its trailing returns over different time periods are: 11.59% (1yr), 34.85% (3yr), 14.77% (5yr) and 18.99% (since launch). Whereas, category returns for the same time duration are: -0.53% (1yr), 24.09% (3yr) and 10.16% (5yr). The assets under management (AUM) is worth Rs 2,696.93 crore as of February 28, 2023. The expense ratio of the fund is 0.78% for the direct plan as of February 28, 2023. Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.

2) HDFC Focused 30 Fund Direct Plan-Growth Fund
The current NAV of the HDFC Focused 30 Fund - Direct Plan as of May 26, 2023, is Rs 153.19 for the growth option. Its trailing returns over different time periods are: 15.95% (1yr), 35.75% (3yr), 11.93% (5yr) and 13.21% (since launch). Whereas, category returns for the same time duration are: -0.53% (1yr), 24.09% (3yr) and 10.16% (5yr). The AUM is worth Rs 3,609.5 crore as of February 28, 2023. The expense ratio of the fund is 0.54% for direct plan as of February 28, 2023. Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.

3) ICICI Prudential India Equity FOF Direct - Growth Fund
The current NAV of the ICICI Prudential India Equity FOF - Direct Plan as of May 26, 2023, is Rs 18.91 for the growth option of its direct plan. Its trailing returns over different time periods are: 4.88% (1yr), 32.19% (3yr) and 20.26% (since launch). Whereas, category returns for the same time duration are: -0.53% (1yr), 24.09% (3yr) and 10.16% (5yr). The AUM is worth Rs 62.58 crore as of February 28, 2023. The expense ratio of the fund is 0.87% for direct plan as of February 28, 2023. Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 100.

4) PGIM India Flexi Cap Fund Direct-Growth Fund
The current NAV of the PGIM India Flexi Cap Fund - Direct Plan as of May 26, 2023, is Rs 29.91 for growth option. Its trailing returns over different time periods are: -2.31% (1yr), 33.95% (3yr), 15.73% (5yr) and 13.4% (since launch). Whereas, category returns for the same time duration are: -0.53% (1yr), 24.09% (3yr) and 10.16% (5yr). The AUM is worth Rs 5,199.03 crore as of February 28, 2023. The expense ratio of the fund is 0.43% for Direct plan as of February 28, 2023. Minimum investment required is Rs 5,000 and minimum additional investment is Rs 1,000. Minimum SIP investment is Rs 1,000.

5) 360 ONE Focused Equity Fund Direct-Growth Fund Key Highlights
The current NAV of the IIFL Focused Equity Fund - Direct Plan as of May 26, 2023, is Rs 35.56 for the growth option of its direct plan. Its trailing returns over different time periods are: 4.73% (1yr), 29.2% (3yr), 18.14% (5yr) and 15.27% (since launch). Whereas, category returns for the same time duration are: -0.53% (1yr), 24.09% (3yr) and 10.16% (5yr). The AUM is worth Rs 3,416.74 crore as of February 28, 2023. The expense ratio of the fund is 0.9% for direct plan as of February 28, 2023. Minimum investment required is Rs 1000 and minimum additional investment is Rs 1,000. Minimum SIP investment is Rs 1,000.

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