SIP Calculator: The speed at which investment in mutual funds can grow your wealth can be estimated by looking at the returns of good mutual fund schemes. Today we are going to tell you about one such mutual fund scheme. Motilal Oswal Flexi Cap Fund, launched on April 28, 2014, has given a CAGR (Compound Annual Growth Rate) of 17.17%. This means that if you had invested Rs 10,000 every month in this scheme as SIP (Systematic Investment Plan), then by March 28, 2024, your investment (SIP Calculator) would have been approximately Rs 24.4 lakh.
SIP Calculator: If you had made a lump sum investment of Rs 10,000 in the fund when it was launched, then by March 28, 2024, this amount would have increased to Rs 48,176.
More information related to this fund
It is an open ended dynamic equity scheme investing in large cap, mid cap and small cap stocks. This fund manages AUM (Assets Under Management) of Rs 9,660 crore. This fund has given a return of 54.80% in the last one year. This fund has given a CAGR of 15.24% in the last three years and 13.14% in the last five years. This fund is managed by Niket Shah.
Investment objective
The investment objective of this scheme is to achieve long term capital gains by investing in equity and equity related instruments. However, Motilal Oswal Mutual Fund also said that no guarantee can be given that the scheme will achieve its objective.
Load structure
An exit load of 1% is applicable if the investment is redeemed on or before 15 days from the date of allotment. Apart from this, if the investment is redeemed after 15 days from the date of allotment then it will be zero. No exit load is applicable on switching between Motilal Oswal Focused Fund, Motilal Oswal Midcap Fund, Motilal Oswal Flexi Cap Fund, Motilal Oswal Large and Midcap Fund, Motilal Oswal Multi Asset Fund and Motilal Oswal Balanced Advantage Fund.
