Top 6 Flexi cap Fund: Brokerage firm Sharekhan has made Top 6 Flexi cap funds its picks for SIP. With a monthly investment of Rs 5000 in these schemes, a corpus of Rs 5 lakh was created in 5 years.
Top 6 Flexi cap Fund: There is huge investment coming in the equity category of mutual funds. A total investment of Rs 19,957 crore came in equity funds in October. Among these, smallcap funds had the highest inflow of Rs 4495 crore. The special thing was that an inflow of Rs 16,928 crore was seen through SIP. One segment in the equity category is flexi cap funds. According to AMFI data, investment of Rs 2,169 crore has come in this category during October. Brokerage firm Sharekhan has made top 6 flexi cap funds its picks for SIP. With a monthly investment of Rs 5000 in these schemes, a corpus of Rs 5 lakh was created in 5 years.
SIP: Top- 6 Flexi cap Funds
Franklin India Flexi Cap Fund
Sharekhan has made this scheme its SIP pick. In this, a fund of Rs 5.01 lakh was created in 5 years with a monthly investment of Rs 5,000. Investors got an average annual return of 20.7 percent. In this scheme you can start monthly SIP from Rs 500.
Aditya Birla Sun Life Flexi Cap Fund
Sharekhan has made this scheme its SIP pick. In this, a fund of Rs 4.48 lakh was created in 5 years with a monthly investment of Rs 5,000. Investors got an average annual return of 16.12 percent. In this scheme you can start monthly SIP from Rs 100.
DSP Flexi Cap Fund
Sharekhan has made this scheme its SIP pick. In this, a fund of Rs 4.67 lakh was created in 5 years with a monthly investment of Rs 5,000. Investors got an average annual return of 17.77 percent. In this scheme you can start monthly SIP from Rs 100.
Edelweiss Flexi Cap Fund
Sharekhan has made this scheme its SIP pick. In this, a fund of Rs 4.63 lakh was created in 5 years with a monthly investment of Rs 5,000. Investors got an average annual return of 17.39 percent. In this scheme you can start monthly SIP from Rs 100.
HDFC Flexi Cap Fund
Sharekhan has made this scheme its SIP pick. In this, a fund of Rs 5.22 lakh was created in 5 years with a monthly investment of Rs 5,000. Investors got an average annual return of 22.39 percent. In this scheme you can start monthly SIP from Rs 100.
SBI Flexicap Fund
Sharekhan has made this scheme its SIP pick. In this, a fund of Rs 4.43 lakh was created in 5 years with a monthly investment of Rs 5,000. Investors got an average annual return of 15.64 percent. In this scheme you can start monthly SIP from Rs 500.
(Source: Value Research, NAV: as of November 22, 2023)
Where and how much to invest in Equity Funds
According to AMFI data, equity schemes include Rs 4495 crore in smallcap funds, Rs 2408 crore in midcap funds, Rs 724 crore in largecap funds, Rs 2910 crore in multicap funds, Rs 3895 crore in sectoral funds, Rs 2168 crore in flexi cap funds, large and midcap funds. Rs 1734 crore has been invested in funds, Rs 266 crore has been invested in ELSS funds.
