Flexicap mutual funds in India

Flexicap mutual funds in India: 70-80% returns delivered in the last one year

Flexicap Fund – Meaning

Flexicap mutual funds in India: 70-80% returns delivered in the last one year. Focused equity funds are generally grouped under the category of FlexiCap. Focus funds carry relatively high risk due to the limited number of stocks in their portfolio. Typically, these funds invest in about 25 to 30 stocks. Because in the short to medium term, focused funds can be more volatile than multi-cap funds.

When you invest for five years or more than that, you can experience the expect returns that can comfortably beat the rate of inflation, as well as benefit from fixed income options or debt funds. But you should be prepared your mentality for the ups and downs of your investment value along the way.

On top of that, these funds take selective entry’s, and those entry’s might take time to show results. So those who can stay invested for the period mentioned above, should invest in it. If you are new to investing, this may not be the right fund to start your investment journey. The fund manager bets on stocks which he believes will bring high returns for the investor.  Now, since they have to invest their entire money in a handful of stocks, they have to take a big position in each stock. As the name implies, concentrated funds invest less stocks than regular diversified schemes and therefore have a centralized portfolio. But this concentration means that even if a condition goes wrong, it can cause considerable damage.

Focused Equity Fund – Taxation

If you exit the fund 1 year after the date of purchase, tax rate on long-term capital gains tax will apply ,i.e. the current tax rate is 10%. If sold before 1 year from the date of purchase, short-term capital gains tax will apply i.e., the current tax rate is 15%. Here are the top five Flexicap mutual funds in India: 70-80% returns delivered in the last one year.

Nippon India Focused Equity Fund

Nippon India Focused Equity Fund: Under the Flexi Cap category of funds. It is the benchmarked against S&P BSE Mid-Small Cap Index. The fund seeks to evaluate long-term capital by investing up to 30 companies in market capitalization in a portfolio of equity and equity-related securities. It manages assets worth Rs 5891.97 crore and the expense ratio is 2.01 per cent.

Approximately 95.02% of the asset allocation of the fund is equity 0.0% debt and 4.98% cash and cash equivalents. While the top 10 equity holdings constitute about 52.24% of the assets. Mainly top 3 sectors holdings around 53.09% of the assets. The fund basically follows a mixed investment style . Focused its invests in market capitalization – around 69.64% in Large Cap Companies, 16.25% in Mid Cap Companies and 14.11% in Small Cap Companies. Nippon India Focused Equity Fund is managed and controlled by Binoy Sharma, Kinjal Desai and Pratik Poddar.

Franklin India Focused Equity Fund

It is a flexi-cap fund where to maximize returns the fund management team are independent and has complete freedom to invest in different sizes of companies. It is benchmarked against NIFTY 500 Total Return Index. It manages assets worth Rs 7,836 crore and the expense ratio is 1.12 per cent. Dividends are added to the income of investors and taxed as per their respective tax slabs.

The fund’s asset allocation includes approximately 92.5% equity, 0.0% debt and 7.5% cash and cash equivalent. While the top 10 equity holdings account for about 57.54% of assets and top 3 sectors constitute about 68.94% of assets. The fund basically follows a growth oriented pattern of investment and invests across the market capitalization – about 73.66% in large and large cap companies, 11.11% in mid cap companies and 15.23% in small cap companies.

HDFC Focused 30 Fund

HDFC Focused 30 Fund is an open-ended flexi cap equity scheme that was launched on September 17, 2004 and is belong to HDFC Mutual Fund house. This is the benchmark against the Nifty 500 Total Return Index. It manages assets worth Rs 2256.29 crores and the expense ratio is 2.15 per cent.

Equity accounts for approximately 91.23% of the fund’s asset allocation 0.0% debt and 8.77% cash and cash equivalents. Although the top 10 equity holdings constitute about 54.62% of the assets. Mainly top 3 sectors holdings around 57.83% of the assets. The fund basically follows a mixed investment style and invests in market capital – approximately 79.94% in large and large cap companies, 10.01% in mid cap companies and 10.05% in small cap companies.

SBI Focused Equity Fund 

It is benchmarked against the S&P BSE 500 Index. It manages assets worth Rs 21677 crore and the expense ratio is 0.69 per cent.

Approximately 93.75% of the fund’s asset allocation is equity, 0.0% debt and 6.25% cash and cash equivalents. While the top 10 equity holdings make up about 53.0% of the assets, the top 3 sectors make up about 44.5% of the assets. The Fund basically follows a growth oriented investment style and invests in market capitalization around 57.08% in Large and Large Cap Companies, 42.92% in Mid Cap Companies and 0.0% in Small Cap Companies.

ICICI Prudential Focused Equity Fund

ICICI Prudential Focused Equity Fund currently has assets under management of Rs 2256.29 crore as on September 30, 2021.It is benchmarked against the S&P BSE 100 Index.

Approximately 95.79% of the fund’s asset allocation is equity, 0.0% debt and 4.21% cash and cash equivalents. While the top 10 equity holdings constitute approximately 49.37% of the assets, the top 3 sectors account for about 55.47% of the assets. The Fund basically follows a growth oriented investment style and invests in market capitalization – around 81.46% in Huge & Large Cap Companies, 14.27% in Mid Cap Companies and 4.27% in Small Cap Companies.

Focused Equity Fund – Other Peers

IIFL Focused Equity Fund.

Aditya Birla Sun Life Focused Equity Fund.

Quant Focused Fund

Axis Focused 25 Fund

DSP Focused Fund

HDFC focused 30 Fund

IDFC focused equity fund

UTI focused equity fund

L&T focused equity fund

TATA focused equity fund

Focused Equity Fund – Should you Invest?

If you are new to investing, this may not be the right fund to start your investment journey. So, if you are someone with few years of investment experience, go with them but know the risks involved. These funds are equity funds, so you need to give at least 5 years time to show real potential.

Read latest Article:

https://investoaxis.com/dev/dsp-nifty-midcap-150-quality-50-etf-best-etf-mutual-funds-nfo-to-invest-in-2021/

Disclaimer
All the information are used for education purpose only. Investing in mutual funds poses a risk of financial losses. Investors must therefore exercise due caution. InvestoAxis is not liable or responsible for any losses caused as a result of decisions based on the article.

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