Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds
    • Mexican government unveils $540M industrial hub to lure investments
    • ‘People Might Be Underestimating Demand For Spot XRP ETFs,’ ETF Expert Says As CME XRP Futures Set Open Interest Record
    • SoftBank, Rakuten tap Japan’s booming retail demand for bonds
    • Financial advice about living trusts, capital gains and COBRA
    • What is Expense Ratio in Mutual Funds? – Money Insights News
    • Billionaires Buy 2 Magnificent Index Funds That a Wall Street Analyst Says Could Soar 132%
    • not the FTSE 100 or S&P 500)
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Mutual Funds»Best flexi cap mutual funds to invest in July 2024
    Mutual Funds

    Best flexi cap mutual funds to invest in July 2024

    July 11, 2024


    Many mutual fund investors, especially the new and inexperienced investors, are extremely concerned about the current volatility and uncertainties in the market. They don’t know whether to bet on the large caps or mid cap or some others. Also, they wonder how they will know when to switch from one category to another when the market mood changes. Are you in the same boat? Here is an easy way out. You can consider investing in flexi cap mutual funds.Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the market. Flexi cap schemes are typically recommended to moderate investors to create wealth over a long period of time. Ideally, one should invest in these schemes with an investment horizon of five to seven years.

    Also Read |Out of Rs 40,000 crore inflow in June, half of them came from sectoral and thematic mutual funds in June


    As said earlier, these schemes have the freedom to invest anywhere depending on the view of the fund manager. For example, he or she might invest more in large cap stocks. Or in a bull market she might invest more in mid cap or small cap stocks. Investors should be extremely careful about this aspect. Investors should make sure that they are choosing a scheme that is in line with their risk appetite. For example, some flexi cap schemes may be more conservative than others. It is for you to identify the one that suits your temperament.

    If you are planning to invest in flexi cap funds, here are our recommendations. We will closely watch the performance of these schemes and update you about it every month. Aditya Birla Sun Life Flexi Cap Fund has been in the third quartile for 15 months. UTI Flexi Cap Fund has been in the fourth quartile for 14 months. Canara Robeco Flexi Cap Fund has been in the third quartile for 13 months. PGIM India Flexi Cap Fund has been in the fourth quartile for five months.

    Invest and Earn on ET Money – Get up to 9.5% p.a. returns


    Also Read |Contribution of equity MTM gains in increase of mutual fund assets in June

    Best flexi cap schemes to invest in July 2024

    • Parag Parikh Flexi Cap Fund
    • UTI Flexi Cap Fund
    • PGIM India Flexi Cap Fund
    • Aditya Birla Sun Life Flexi Cap Fund
    • SBI Flexi Cap Fund
    • Canara Robeco Flexi Cap Fund

    Here is our methodology:
    ETMutualFunds.com has employed the following parameters for shortlisting the equity mutual fund schemes.
    1. Mean rolling returns: Rolled daily for the last three years.

    2. Consistency in the last three years: Hurst Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H.

    i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to forecast.

    ii) When H is less than 0.5, the series is said to be mean reverting.

    iii) When H is greater than 0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the series

    3. Downside risk: We have considered only the negative returns given by the mutual fund scheme for this measure.

    X = Returns below zero

    Y = Sum of all squares of X

    Z = Y/number of days taken for computing the ratio

    Downside risk = Square root of Z

    4. Outperformance: It is measured by Jensen’s Alpha for the last three years. Jensen’s Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the market.

    Average returns generated by the MF Scheme =

    [Risk Free Rate + Beta of the MF Scheme * {(Average return of the index – Risk Free Rate}

    5. Asset size: For Equity funds, the threshold asset size is Rs 50 crore

    (Disclaimer: past performance is no guarantee for future performance.)
    Whatsapp Banner



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    What is Expense Ratio in Mutual Funds? – Money Insights News

    August 31, 2025

    Arbitrage Funds: A low-risk way to grow your money

    August 30, 2025

    From loans to mutual funds: Is Jio Financial the next big bet for investors? | Smart Stocks News

    August 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds

    August 31, 2025

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    The Evolution of Art and Art Investments: A Historical Perspective on Fruitful Returns and Wealth Management

    August 21, 2023
    Don't Miss
    Bonds

    Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds

    August 31, 2025

    Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds…

    Mexican government unveils $540M industrial hub to lure investments

    August 31, 2025

    ‘People Might Be Underestimating Demand For Spot XRP ETFs,’ ETF Expert Says As CME XRP Futures Set Open Interest Record

    August 31, 2025

    SoftBank, Rakuten tap Japan’s booming retail demand for bonds

    August 31, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    B.C. driver gets pulled over by RCMP, sips a beer

    August 26, 2024

    BTC ETF See +$402.08M, ETH ETF Record $19M Outflow

    October 28, 2024

    How to invest in REITs in the UK and Europe

    July 15, 2024
    Our Picks

    Giants’ Willy Adames ends crazy drought with San Francisco history not done since Barry Bonds

    August 31, 2025

    Mexican government unveils $540M industrial hub to lure investments

    August 31, 2025

    ‘People Might Be Underestimating Demand For Spot XRP ETFs,’ ETF Expert Says As CME XRP Futures Set Open Interest Record

    August 31, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.