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Some mutual funds have given excellent returns to their investors in the last few years. One of these is HDFC Flexi Cap Fund. It is an open-ended equity scheme, which invests in large, mid and small cap companies. Recently it has completed its 30th anniversary.
Actually, HDFC Flexi Cap Fund was launched on January 1, 1995 and since then has proved capable of creating long term wealth for investors. This fund has given an average annual return (CAGR) of 19.13% so far.
1 lakh becomes 1.88 crore
By November 29, 2024, if someone had invested Rs 1 lakh in the beginning of this fund i.e. in 1995, it would have increased to around Rs 1.88 crore by now. The biggest thing is that it is Rs 1.52 crore more than the benchmark of NIFTY 500 TRI. Apart from this, if someone had invested in this fund through SIP of Rs 10,000 every month (total investment would have been Rs 35.90 lakh), the return would have now increased to about Rs 20.65 crore.
what would it be like to invest in it
According to the report of Financial Express, HDFC Flexi Cap Fund is invested in companies which can give good returns in the long term. Apart from this, the bottom-up investment process of the fund is also based on strong companies, which can give returns in mid term and long term.
Apart from this, HDFC Flexi Cap Fund has a diversified portfolio. That is, this fund invests by dividing its portfolio among different sectors and segments, which helps in reducing risk and generating stable returns.
May be good for long term investors
Data shows that HDFC Flexi Cap Fund has given excellent returns in the long term. Apart from this, the diversified portfolio of this fund has also protected investors from market risks. However, such funds often have to face the ups and downs of the market. This is why if you are investing in equity then you must have the ability to tolerate high risk.
Disclaimer: (The information provided here is being provided for information only. It is important to note here that investment in the market is subject to market risks. Always seek expert advice before investing money as an investor. ABPLive.com does not advise anyone It is never advisable to invest money here.)
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