These flexi cap mutual funds have outperformed benchmarks in 5 years

Flexi cap mutual funds are open-ended equity schemes that invest across large-cap, mid-cap, and small-cap companies. They do not have restrictions on allocation to any specific market capitalisation segment, giving fund managers the flexibility to shift allocation based on market opportunities and valuations.

According to data compiled from the Association of Mutual Funds in India (AMFI) as of July 22, a few flexi cap schemes have delivered 5-year returns that are higher than their respective benchmark indices.

Benchmarks used include broad market indices such as the Nifty 500 TRI and BSE 500 TRI, which track a wide universe of listed companies.

Below is a list of flexi cap schemes whose 5-year regular plan returns have outperformed their benchmarks:

Fund name	5-year return (%)	5-year benchmark return (%)
Bank of India Flexi Cap Fund	27.1	22.05
Edelweiss Flexi Cap Fund	22.69	22.08
Franklin India Flexi Cap Fund	25.23	22.08
HDFC Flexi Cap Fund	28.46	22.08
HSBC Flexi Cap Fund	22.59	22.08
ICICI Prudential Flexicap Fund	19.55	18.44
Invesco India Flexi Cap Fund	21.15	14.98
JM Flexi Cap Fund	25.66	22.05
Parag Parikh Flexi Cap Fund	24.1	22.08
Quant Flexi Cap Fund	30.36	22.08
WhiteOak Capital Flexi Cap Fund	20.82	17.16

(Source: AMFI)

Flexi cap funds generally carry high equity market risk, as reflected by their ‘Very High’ riskometer label.

Experts say that past performance alone should not be the basis for investment decisions. Investors should consider their risk tolerance, time horizon and consult financial advisors if needed before investing.

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