Top Performing Flexi Cap Mutual Funds in 2024
Are you looking to invest in mutual funds in 2024? If so, you may want to consider the top-performing flexi cap mutual funds that have delivered impressive returns in the past year. Flexi cap mutual funds offer investors the flexibility to invest across different market capitalizations, including large, mid, and small-cap companies.
According to Sebi’s categorization of mutual funds, flexi cap funds are those that have invested a minimum of 65 percent in equity and equity-related instruments. In the past year, several flexi cap funds have outperformed the market, with some delivering over 30 percent returns.
The top-performing flexi cap funds in 2024 include JM Flexicap Fund, Bank of India Flexi Cap Fund, Parag Parikh Flexi Cap Fund, Invesco India Flexi Cap Fund, and Motilal Oswal Flexi Cap Fund, among others. These funds have delivered impressive returns ranging from 32.09 percent to 42.06 percent.
It is important to note that past performance does not guarantee future returns, as various factors such as the state of the economy and market conditions can impact the performance of mutual funds. Therefore, it is advisable to consult with a SEBI-registered investment advisor before making any investment decisions.
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