Five Flexicap Funds Underperform with Single-Digit Returns Over Three Years
These 5 flexicap funds lag peers with single-digit returns in 3 years. Check details
The Economic Times
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Five flexicap funds have reported disappointing single-digit returns over the past three years, with Shriram Flexi Cap Fund and UTI Flexi Cap Fund yielding 9.4% and 9% respectively. In contrast, top-performing funds achieved returns exceeding 20%, highlighting a significant performance gap.
- 01Five flexicap funds delivered single-digit returns in the last three years.
- 02Shriram Flexi Cap Fund and UTI Flexi Cap Fund returned 9.4% and 9% respectively.
- 03LIC MF Focused Fund and Mirae Asset Focused Fund returned 8.6% and 8.1%.
- 04Samco Flexi Cap Fund had the lowest return at 2.3%.
- 05Top performers achieved returns between 20% and 25.4%.
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Over the past three years, five flexicap funds have lagged behind their peers, delivering disappointing single-digit returns. The Shriram Flexi Cap Fund and UTI Flexi Cap Fund returned 9.4% and 9%, respectively, while the LIC MF Focused Fund and Mirae Asset Focused Fund achieved returns of 8.6% and 8.1%. The Samco Flexi Cap Fund recorded the lowest return at 2.3%. In stark contrast, the top-performing funds, including ICICI Prudential Retirement - Pure Equity and Kotak Nifty Alpha 50 ETF, delivered impressive returns ranging from 20.3% to 25.4%, highlighting a significant disparity in performance among flexicap funds.
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Investors in these underperforming flexicap funds may need to reassess their investment strategies and consider reallocating their portfolios to better-performing funds.
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