Since its inception on January 1, 1995 the HDFC Flexi Cap has delivered a compounded annual growth rate (CAGR) of 18.87%. To provide context, this performance implies that if an investment of ₹10,000 was made in the scheme through a Systematic Investment Plan (SIP) on the first business day of each month (totaling ₹34.8 lakh in investments), the fund would have grown to ₹16.5 crore by December 31, 2023, as stated by the mutual fund house.
Live TV
Loading...
About the fund
HDFC Flexi Cap Fund is an open-ended dynamic equity scheme investing across large cap, mid cap and small cap stocks.
The fund’s investment strategy revolves around bottom-up approach to stock selection with focus on quality companies at reasonable valuations, HDFC Mutual Fund said.
The idea is to select strong companies with growth drivers in the medium to long term. After a considered evaluation of the industry and business cycle and the positioning of a company within that sector, risk-adjusted position is taken in the portfolio, it said.
Investment strategy
HDFC Flexi Cap Fund follows a research-driven investment process ably supported by research team covering over 400 stocks, the mutual fund house said.
The scheme would predominantly invest in companies spanning entire market capitalisation that:
a) are likely to achieve above average growth
b) enjoy distinct competitive advantages, and
c) have superior financial strength.
Roshi Jain, Senior Fund Manager, HDFC Mutual Fund, said "Through meticulously crafted portfolios, thorough research, and a dedication to enduring value, we hope to continue to navigate the financial landscape with discipline, for sustained growth for our investors over the long term.”
More about performance
| 1 year | 3 years | 5 years | 10 years | Since inception | |
| Scheme Returns (%) | 31.45% | 29.02% | 19.80% | 18.18% | 16.75% |
| Benchmark Returns (%) | 26.91% | 20.34% | 17.48% | 16.03% | 14.87% |
| Additional Benchmark Returns (%) | 21.30% | 17.24% | 16.25% | 14.56% | 13.87% |
(Source: HDFC Mutual Fund)
First Published: Jan 12, 2024 5:13 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha Election: Re-elections at a Ajmer booth after presiding officer misplaces register of voters
May 2, 2024 4:54 PM
Rahul will be forced to take out 'Congress Dhoondho Yatra' after June 4: Amit Shah in Bareilly
May 2, 2024 4:36 PM