Flexi Cap Mutual Fund

Some of the best flexi cap mutual funds to invest in 2024 are

• Quant Flexi Cap Fund Growth Option Direct Plan
• JM Flexicap fund
• Parag Parikh Flexi Cap Fund
• HDFC Flexi Cap Fund

Yes, we have an option of Flexi SIP where we can pause and restart the SIP.

We also give an option to edit our SIP anytime. Follow the steps below to change the SIP amount.

Step 1: Go to the SIP section, under the mutual fund dashboard.

Step 2: Open SIP Summary Page and click on manage SIP

Step 3: A bottom sheet will appear, click on edit SIP.

Step 4: An invest page will open, here you can edit your amount.

Note : Maximum Mandate amount should cater the new updated SIP amount.

For Example, if you have started a SIP via UPI and you have created a mandate for Rs 10000. In this case if you edit your SIP amount to 15000, you will receive invalid input.

You can edit the amount between SIP minimum investment amount ( created by AMC )  to maximum mandate amount ( created by user )

Even though there are risks associated with flexi cap mutual funds driven by the market, it is lower compared to other types of mutual funds.

There are no strict constraints or rules associated with investing in flexi cap funds since they offer fund managers complete flexibility, hence the name. So it can be 100% small cap or 100% mid cap or all large cap. However, it must have a minimum of 65% of the total assets invested in equity.

There is no locking period in the case of flexi cap equity funds. However, if you withdraw your investments early, you may have to pay an exit load. This fee varies from one mutual fund to another.

Flexi cap mutual funds are ideal for investors with long-term goals. Hence, investors who are ready to hold their investments for a minimum of five to seven years are ideal for the scheme. It enables them to get their hands on the opportunities of small cap and mid cap stocks, mitigating the risks attached to them.

According to financial planners, flexi cap mutual funds can be a good starting point for beginners, since it provides them with the opportunity to invest across different companies, with low to moderate risks associated with their investments.

You can switch from one mutual fund to another within the same fund house by sending a switching request. However, investors must remember that there can be exit loads and other charges involved in the process. Hence, it is desirable to proceed after being aware of the entire process.

Even though the minimum investment amount required for flexi cap mutual funds varies from fund to fund, it can be as low as Rs. 500. Also, INDmoney does not charge any annual maintenance cost.

Key Differences Between Multi Cap and Flexi Cap Mutual Funds are:

On the basis of Equity Exposure: 
Multi-Cap Funds require a minimum of 75% in Equities where is Flexi Cap requires a minimum of 65% in Equities

On the basis of Market Cap Allocation:
As per SEBI, Multi-Cap Funds are required to have a minimum 25% allocation of their portfolio in large-cap, mid-cap, and small-cap companies where as Flexi-Cap Funds are free to invest in any market cap because they have no mandate