Bandhan Flexi Cap Fund - Direct Plan
Flexi Cap Fund - An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks
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What are Flexi Cap Mutual Funds?
Flexi Cap Funds offer the flexibility to invest in companies across all market capitalisations, from large established firms to emerging small caps. This flexibility allows fund managers to target opportunities with growth potential, adapting to market conditions.
Flexi Cap Funds or Flexi Mutual Funds invest across large-cap, mid-cap, and small-cap stocks, offering diversification and flexibility within a single fund. A diversified portfolio can help reduce overall risk and volatility.
Flexi Cap Mutual Funds in India are open-ended equity schemes with at least 65% of total assets allocated to equity and equity-related instruments. Due to this, Flexi Cap Funds are characterised as flexible funds that allow fund managers significant freedom in choosing investments.
- Min Investment 10,000
- Min SIP Amount 100
- Exit Load
a) If redeemed/switched out within 365 days from the date of allotment:
->Upto 10% of investment:Nil,
->For remaining investment: 1% of applicable NAV.
b) If redeemed / switched out after 365 days from date of allotment: Nil. (w.e.f. May 08, 2020)
Scheme is suitable for a minimum investment horizon of more than 3 years
Tier 1 Benchmark : BSE 500 TRIAlternate Benchmark : Nifty 50 TRI
- Performance
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Performance as on 31st October 2024
| Scheme Names | CAGR Returns (%) | Current value of Investment of 10,000 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 year | 3 year | 5 year | 10 year | 28/09/2005 Since inception | 1 year | 3 year | 5 year | 10 year | 28/09/2005 Since inception | |
| Bandhan Flexi Cap Fund - Regular Plan - Growth | 33.19 | 13.49 | 15.99 | 12.26 | 17.00 | 13,329 | 14,632 | 21,015 | 31,813 | 2,00,652 |
| 35.79 | 15.64 | 19.83 | 14.34 | N.A. | 13,590 | 15,483 | 24,731 | 38,233 | N.A. | |
| 28.30 | 12.35 | 16.61 | 12.62 | 13.76 | 12,839 | 14,195 | 21,582 | 32,844 | 1,17,468 | |
| ^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark | ||||||||||
This fund is managed by Mr. Manish Gunwani (w.e.f 24/01/2024) & Mr. Viraj Kulkarni (w.e.f 24/01/2024)
View fund performance of other funds managed by Mr. Manish Gunwani, Mr. Viraj Kulkarni
Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Taxation:
For taxation, please refer the link : https://bit.ly/46xQzi1
Bandhan Flexi Cap Fund
(Scheme Risk-o-meter)
BSE 500 TRI
(Tier 1 Benchmark Risk-o-meter)
This product is suitable for investors who are seeking* :
- To create wealth over long term.
- Investment predominantly in equity and equity related instruments across market capitalisation.
How does Multi Cap Funds differ from Flexi Cap Funds?
Though both are high-risk, long-term investments, key differences exist between Multi Cap and Flexi Cap Funds.
Flexi Cap Fund meaning: Flexi Cap Funds are open-ended schemes investing across large, mid, and small caps, with at least 65% invested in equity.
Multi Cap Fund meaning: Multi Cap Funds must invest at least 25% each in large, mid, and small caps, with at least 75% allocated to equities.
Flexi Cap Fund market cap: Flexi Cap Funds have no mandated allocation across market caps and can invest freely.
Multi Cap Fund market cap: Multi Cap mutual funds are mandated to have at least 25% in each large, mid and small cap.
Who Should Invest in Flexi Mutual Funds?
Flexi Cap Mutual Funds carry high risk and are ideal for experienced investors with a higher risk tolerance. They are suited for long-term investments, typically requiring a 5–7 year horizon. These funds are suitable for investors seeking long-term wealth creation opportunities. As a high-risk and long-term investment, Flexi Cap Fund returns may be potentially higher.
FAQs on Flexi Cap Funds
What is Flexi Cap Fund growth?
Flexi Cap Funds are an investment scheme which invest in small cap, mid cap and large cap companies. By investing across the market capitalisation spectrum, these funds may lower levels of risk and volatility.
Is Flexi Cap Fund good to invest in?
Although Flexi Mutual Funds are risky, they may have relatively lower risk since the fund manager has the freedom to adjust the exposure of market capitalization depending on the socio-economic situation. They may be less susceptible to volatility. However, Flexi Cap Funds are suitable for a long-term investment.
How does Multi Cap differ from Flexi Cap Funds?
The key difference between Multi Cap and Flexi Cap Mutual Funds is the mandated investment of equities in specific market caps. Flexi Cap Funds are not required to invest a fixed amount in a certain market cap. While at least 65% of the fund needs to be invested in equity, the fund manager can adjust the exposure to market capitalizations based on present market conditions. In Multi Cap Funds, it is mandatory to invest at least 25% in small cap, mid cap and large cap equities each. Thus, making the fund less flexible.
Is Flexi Cap good for the long term?
Flexi Cap or flexi funds have a greater potential to create wealth in the long-term. They are suitable for investors with a long-term investment horizon of at least five to seven years.
What are the disadvantages of Flexi Cap Funds?
Similar to most mutual funds, Flexi Cap Funds are vulnerable to socio-economic tensions, economic downturns and market risks such as volatility. They are a relatively risky investment option, suitable for investors with a higher risk tolerance..
Is Flexi Cap Fund taxable?
Returns generated by investing in Flexi Cap Funds are taxable. Returns created within a year are taxed at 15%. After a year, returns are taxed at 10% after the initial exemption (₹1 lakh) of long term capital gains
What are the advantages of Flexi Cap Funds?
Flexi Cap Mutual Funds are suitable for investors looking to diversify their portfolio. These funds invest across market capitalisations, consequently helping portfolio diversification. They lower the risk of market volatility as the fund manager has the ability to adjust the exposure of market capitalisation. Although they are categorised as high-risk mutual funds, Flexi Cap Fund returns may potentially be high.