After the changes in multicap mutual funds rules, Flexicap mutual funds have been on the rise. Experts are suggesting making Flexicap funds a core part of investors’ investment portfolios. This fund allows a fund manager to put a minimum of 65% of assets into equities with the freedom to invest remaining assets across other market capitalisation.
Money9 Helpline hosted Surya Bhatia, CFP to resolve queries related to investment in Flexicap funds
Bhatia: This is a new fund so there is no track record of its performance. Though its CIO, fund managers, and current performance performing well now as it has generated 10,000 crores. But I would suggest that if you already have funds in funds in this category and it is showing a fair performance, then go for existing funds.
Bhatia: There are good options in Flexi caps where you can invest. PGIM Flexi cap has a good track record and is performing well. DST Flexi cap, UTI Flexi cap are also good options. They have a track record of 5 years, So you can prefer these funds.
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