What Is A Flexi Cap Equity Fund: Top Rated Flexi Cap Funds To Invest In 2022

Unlike a focused equity fund, the Flexi cap funds are the dynamic equity funds, which will invest the assets across various market capitalizations like large cap, mid cap, and small cap funds.

Market capitalization is a flexible choice

Market capitalization is the total dollar market value of any company's outstanding shares, which is calculated by multiplying the particular company's shares outstanding by the current market price of 1 share. Small cap companies with a market capitalization of between $300 million to $2 billion, while the mid cap companies generally hold a market capitalization of between $2 billion and $10 billion. Lastly, the large cap companies hold a market capitalization of $10 billion or more, who are the most significant players in the well-established industries. The Flexi cap equities generally give a wider range of choices to invest in companies that can diversify the positions.

Market capitalizations, AUM, previous years' returns are some of the key factors that a mutual fund manager analyzes before investing in any company stock. However, in a Flexi cap fund, the market capitalization itself is a flexible choice. New or experienced investors who are looking for 5 years or more investment period in a fund generally select Flexi cap fund. However, the equity market gives a very volatile investment experience. So, irrespective of the Flexi cap of a focused cap fund, an investment should be careful and prepared for the boon and bane of the market, any time.

DSP Flexi Cap Fund, UTI Flexi Cap Fund, PGIM India Flexi Cap Fund, IDBI Flexi Cap Fund, Edelweiss Flexi Cap Fund, Canara Robeco Flexi Cap Fund, and DSP Flexi Cap Fund are some of the most popular Flexi cap funds in terms of past returns. Here are two top-rated Flexi cap fund details that have been mentioned, that an investor can have an outlook about the funds.

1. PGIM India Flexi Cap Fund

PGIM India Flexi Cap Fund is a Direct Plan, which has been rated 5 star by research firm Crisil. This fund's NAV is Rs. 29.72 (variable), and AUM is Rs. 2888.23 Crore. The Expense Ratio (ER) of the fund is 0.32%. A lower ER makes this a preferable choice by investors. A Flexi Cap Fund generally has a 95.84% investment in Indian stocks, with a break up of 46.88% in large caps, 15.63% in mid caps, and 23.28% in small caps. PGIM India Flexi Cap Fund is one of the best performing funds, in comparison with its peer funds, considering past returns.

SIP Returners of this fund

The average SIP Return of this fund has been the best in the last 3 years term. In the past 3 years, the fund's SIP return was 79.98%, in the last 2 years, the fund's SIP Return was 60.82%, and in the last 1 year, the fund has given a 19.77% return.

2. UTI Flexi Cap Fund

UTI Flexi Cap Fund is a Direct Plan which has also been rated with a top 5 star by Crisil. This fund's NAV is Rs. 275.77 (variable), and AUM is Rs. 24521.38 Crore. The Expense Ratio (ER) of the fund is only 1%. The UTI Flexi Cap Fund has one of the best AUM in the same category that making this fund a highly safe and secured fund for investors to choose from. AUM or Assets Under Management is the total market value of the assets. The past performance of this fund's SIP is quite lucrative for the investors.

SIP Returners of this fund

The average SIP Return of this fund has been the best in the last 3 years term. In the past 3 years, the fund's SIP return was 64.81%, in the last 2 years, the fund's SIP Return was 50.22%, and in the last 1 year, the fund has given a 15.89% return. Although this fund's past 3 year's returns are lower than the earlier mentioned fund, a higher AUM makes this fund a good choice for investors who have a lesser risk appetite. 

(Also read: What Is A Focused Mutual Fund? Best Focused Mutual Funds: Risks And Benefits)