Parag Parikh Flexi Cap, HDFC Flexi Cap among 8 flexicap funds with consistent performance in 5 years
Eight flexicap funds delivered consistent five-year performance, with varying risk levels, investment styles and returns. HDFC Flexi Cap led consistency at 91%, while several peers combined strong returns with acceptable or higher risk profiles.
Eight flexicap funds demonstrated consistent performance over the past five years, according to the CRISP Mutual Fund Scorecard. HDFC Flexi Cap Fund topped the list with a performance consistency score of 91%. The risk faced by this fund was within acceptable limits. The portfolio's investment style was a mix, with a medium momentum based, high value based, and low quality based approach.
Over the five years, HDFC Flexi Cap Fund provided a compound annual growth rate (CAGR) of 17.67% and had an assets under management (AUM) of Rs 1.06 lakh crore.
The Franklin India Flexi Cap Fund scored 73% in performance consistency. The risk compared to peers was also within acceptable levels. This fund had a medium momentum based, medium value based, and low quality based investment style. It delivered a CAGR of 13.43% over five years and had an AUM of Rs 19,274 crore.
Edelweiss Flexi Cap Fund scored 70% in performance consistency. The risk compared to peers was within acceptable range. The investment style was a combination of high momentum based, medium value based, and medium quality based. It gave a CAGR of 13.26% over five years and had an AUM of Rs 3,484 crore.
Parag Parikh Flexi Cap Fund scored the lowest among the eight with a performance consistency score of 69%. The risk compared to peers was within acceptable levels. The portfolio's investment style was low momentum based, high value based, and high quality based. It provided a CAGR of 13.74% over five years and had an AUM of Rs 1.43 lakh crore.
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