Bandhan Flexi Cap Fund - Direct Plan

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Bandhan Flexi Cap Fund - Direct Plan

Flexi Cap Fund - An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks

EquityInception Date:28/09/2005
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What are Flexi Cap Mutual Funds?

Flexi Cap Funds or Flexi Mutual Funds invest in businesses or companies across market capitalisations, i.e stocks of small cap, mid cap and large cap companies. By investing in a diverse range of stocks, Flexi Cap Mutual Funds allow the investor to diversify their portfolio. A diversified financial portfolio may have several benefits, including potential reduction in risk and lowering risks associated with volatility.

Flexi cap mutual funds in India are open-ended dynamic equity scheme investing across large cap, mid cap, small cap, stocks with a mandated minimum investment in equity and equity related instruments of 65% of total assests. Due to this criteria, Flexi cap funds are characterised as flexible funds; they give the fund manager a significant number of options to invest in.

  • 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)

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Annualised Returns(as on 31st Mar, 2024)32.49%1yr16.92%3yr15.05%5yr
NAV 178.8600 as on 16/04/20241 Day Change: -0.54(-0.30%)

Scheme is suitable for a minimum investment horizon of more than 3 years

Tier 1 Benchmark : S&P BSE 500 TRIAlternate Benchmark : Nifty 50 TRI

Performance as on 29th February 2024

Scheme NamesCAGR Returns (%)Current value of Investment of 10,000
1 year3 year5 year10 year28/09/2005 Since inception1 year3 year5 year10 year28/09/2005 Since inception
Bandhan Flexi Cap Fund - Regular Plan - Growth32.4916.9215.0515.0716.8013,25916,00520,17240,7441,74,949
39.3419.4118.9816.70N.A.13,94717,05023,86546,890N.A.
28.4016.1216.6414.7313.6512,84915,67521,60339,5701,05,676
^ 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/3spfzbo

Bandhan Flexi Cap Fund

(Scheme Risk-o-meter)

Investors understand that their principal will be at Very High Risk.

S&P 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?

While Multi Cap Funds and Flexi Cap Funds are both relatively high risk and long-term investments, there are some key differences.

Flexi Cap Fund meaning: A Flexi Cap mutual fund is an open-ended dynamic investment scheme investing across large cap, mid cap, small cap stocks. At least 65% of allocation needs to be invested in equity.

Multi Cap Fund meaning: A Multi Cap Fund is an equity-oriented fund which has to invest at least 25% in large cap, mid cap and small cap companies each respectively. A total of at least 75% needs to be invested in equities.

Flexi Cap Fund market cap: Flexi Cap Mutual Funds are free to invest in any market cap. There is no mandated percentage.

Multi Cap Fund market cap: Multi Cap mutual funds are mandated to have at least 25% in each large cap, mid cap and small cap companies.

Who Should Invest in Flexi Mutual Funds?

Flexi Cap Mutual Funds have a significantly high risk associated with them. They are ideal for experienced investors who are not risk aversive. Moreover, Flexi Cap Funds are a long-term investment scheme and require the investor to be invested for at least 5-7 years.

Consequently, they are ideal for investors looking for long-term wealth creation. As a high-risk and long-term investment, Flexi Cap Fund returns may potentially be 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.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.