HDFC Flexi Cap Fund was launched on January 1, 2013. As of August 26, 2024, this fund had a NAV (Net Asset Value) of Rs 2.034.05. The size of the fund is 61,571.57 crore. The expense ratio is 0.77% against a category average of 0.73%.
Returns on lump sum
If one invested Rs 10,000 in this fund 6 months ago, it would have generated Rs 11,746; 1 year ago it would have turned into Rs 14,466; 2 years ago it would have become Rs 17,456; 3 years ago it would have generated Rs 21,306; 5 years ago it would have turned it into Rs 31,053 and if invested 10 years ago, the same amount would have become Rs 46,210. If one invested Rs 10,000 at the inception of the fund (January 1, 2013), it would have become Rs 68,515.
Returns on SIP
If one began investing in a monthly SIP of Rs 1,000 the following returns would have been generated – Rs 14,812 in the past 1 year, Rs 34,510 in the past 2 years, Rs 57,913 in the past 3 years, Rs 1,29,696 in the past 5 years and Rs 3,56,478 in the past 10 years.
Composition of the fund
According to Value Research, as much as 87.81% of the money has been invested in equity, 0.66% in debt, 3.25% in real estate and 8.28% is in cash and cash equivalent. The fund has invested in 46 stocks and the top 5 stocks account for 36.93% of the fund while the top 10 stocks 56.11%.
Top sectors
Among the sectors where HDFC Flexi Cap has focussed are financial (39.39% of the investment), technology (14.94%), healthcare (13.14%) and consumer discretionary (11.29%). No other sector commands more than 5% of the investment.
Top stocks
Among the top stocks are ICICI Bank, HDFC Bank, Axis Bank, Cipla, HCL Technologies, SBI Life Insurance, Kotak Bank, Bharti Airtel, Infosys, SBI, Maruti Suzuki and Apollo Hospitals.
Less volatility
This fund has a Beta of 0.87, which indicates that the fund is 13% less volatile than the market. Every investor detests volatility in mutual fund schemes where he/she invests.
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HDFC Flexi Cap Fund: As the name implies flexi cap funds are those that can invest across a variety of stocks – large, mid and small – to maximise returns for investors. They are not tied down predominantly to one category like large, mid or small-cap funds. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
