Diversity is the key to managing market volatility because it is expected to persist for some time given the current macroeconomic and geopolitical variables. Additionally, diversification within an asset class can enhance a portfolio’s risk-return profile while diversification across asset classes contributes to stability. However, they advise that before deciding whether to in diversify investments through Flexi-cap funds, investors should thoroughly examine their portfolios.
Here we have highlighted one Flexi cap fund and given its returns and other details such as AUM, NAV, major holding etc to help you out with making a better investment decision and diversifying your investments.
DSP Flexi Cap Fund
DSP Flexi Cap Fund, as the name suggests, it is a Flexi Cap equity mutual fund by the DSP Mutual Fund. It is 15 years 1 monthly old fund launched on June 07, 2007. It is an open-ended, rated highly risky equity fund. The ahs have been rated 3-star by both CRISIL and Value Research, respectively.
Its Asset Under Management (AUM) under the Direct Plan Option of the fund is Rs 6824.26 crore. The Net Asset Value (NAV) declared on 25th July 2022 is Rs 65.45. The fund’s expense ratio is 0.75, which is less comparatively its category average expense ratio of 0.95%. Its benchmark is NIFTY 500 TRI.
The fund seeks to generate long-term capital appreciation, from a portfolio which is substantially constituted of equity and equity-related securities and may also invest a certain portion of its corpus in debt and money market securities, in order to meet liquidity requirements from time to time. In Picking out individual investment opportunities for the portfolio, the investment manager will seek both value & growth.
This fund under the Direct Plan Growth option has given negative returns on both Lump-Sum and SIP investment in 1 year.
Lump-Sum Investment Returns
It has given 14.41% annual average returns since its inception.
SIP Investment Returns
1-Year 2-year 3-year 5-Year
-5.99% 11.27% 16.81% 14.78%
Minimum Amount Required For Investment
Investors can begin their investment in this fun by investing a minimum required amount of Rs 500 for lump-sum investing and Rs 500 for SIP investing, respectively.
The fund also allows additional investments with a minimum required amount of Rs 500.
This fund has no lock-in period, however, it charges 1% for redemption within 364 days of the investment.
It is an equity class Flexi cap fund, it has the majority of its investment, around 97.89% is in domestic (Indian) equities. 48.54% of the 97.89% of investments are in large-cap stocks, followed by 16.49% in mid-cap stocks and 13.61% in small-cap stocks.
This fund has the majority of investments in the financial sector followed by Technology, Automobile, Materials, Capital goods, Healthcare, Consumer Staples, Services, Chemicals, Metals & Mining, Energy, insurance, Construction and Textiles.
The stocks to 10 holdings include ICICI Bank, HDFC Bank, Infosys, Bajaj Finance, Avenue Supermarts, Maruti Suzuki India, Axis Bank, HCL Technologies, Bajaj Finserv and Tata Motors.
Mutual funds investment are subject to market risks. Read all scheme related documents carefully before investing. Greynium Information Technologies, and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.