Flexi-cap funds invest across market caps without fixed allocation limits
Flexicap slips to the second spot, largecap to fourth
The fund's month-end assets under management (AUM) increased to Rs 50,840 crore in March 2024 from Rs 23,128 crore in March 2021
Flexicap mutual funds offer the fund managers to invest across sectors and market capitalisations without any restrictions
The fund aims to provide capital growth to investors through a diversified portfolio of equities, fixed-income securities, and money market instruments
In the past three years, the fund took exposure across market capitalisations, with predominant allocation to large-cap stocks (averaging 79.88 per cent)
Your portfolio shouldn't contain stocks picked at exorbitant valuations or those that have corporate governance issues
Multi-cap funds, with their higher exposure to mid- and small-caps, can outperform but with higher volatility
While large-cap funds experienced a net inflow of Rs 13,569 crore for the entire 2021-22, inflow for mid-cap funds stood at Rs 16,308 crore and the same for small-cap funds was at Rs 10,145 crore
Indian equity markets have been very volatile largely due to the sustained selling from the foreign portfolio investors
Globally, rising inflationary concerns and geopolitical tensions have led to risk aversion among investors
A safer approach is to invest in both value and growth style funds as performance alternates
The flexi cap category, introduced a year ago, saw net inflows of Rs 18,258 crore in Q2
Equity mutual funds attracted a little over Rs 8,666 crore in August, making it the sixth consecutive monthly net inflow, on staggering investment in flexi-cap category.
Category now second biggest after large-cap funds
Fund managers justify change in strategy due to altered growth prospects and higher valuations