FLEXI-CAP FUNDS IN TIMES, GOOD AND BAD

AFTER commencing a discussion on Flexi Cap Funds in the last column, let us now turn the spotlight on some of the larger funds from this category and how they have performed over time frames of 6 months, 1 year, 3 years and 5 years.

- ASHOK KUMAR Head of LKW-India. He can be reached at [e-mail] (Views expressed here are personal)

These include HDFC Flexi Cap Fund, Parag Parikh Flexi Cap Fund, Kotak Flexi Cap Fund and SBI Flexi Cap Fund.

HDFC Flexi Cap Fund has an AUM of ₹66,124 crore. It holds 88% in Equity, 4% in Debt, REITs & InvITs and has a Cash Holding of 8%. Its primary portfolio holdings are in the Banks, Automobiles & Pharmaceuticals & Biotechnology industries. This fund has delivered CAGR returns of 34.94% over 5-years, 22.87% over 3-years and 16.48% over a 1-year time period. Over the last 6 months when the market has been on a downtrend, this fund has generated returns of (-5.38)%.