A flexi cap mutual fund turned ₹10,000 monthly SIP into nearly ₹32 lakh in 11 years

Edelweiss Mutual Fund’s Flexi Cap Fund has delivered a CAGR of 13.19% since its launch on February 3, 2015, outperforming the NIFTY 500 TRI benchmark at 12.49%. A monthly SIP of ₹10,000 since inception would have grown to ₹31.89 lakh, compared with ₹30.51 lakh under the benchmark and ₹28.78 lakh under the NIFTY 50 TRI.

Over shorter periods, the scheme delivered a 10.26% return in 1 year, 13.88% in 3 years, 15.15% in 5 years, and 15.62% in 10 years, outperforming benchmarks in most rolling periods.

The fund invests across large, mid, and small-cap stocks, following its FAIR framework to select well-governed businesses at reasonable valuations.

Key holdings include HDFC Bank (7.56%), ICICI Bank (5.12%), Bharti Airtel (2.56%), and Multi Commodity Exchange of India (1.20%).

Recent portfolio changes include AU Small Finance Bank, Bharat Dynamics, and Tata Motors as new entries, while Tata Capital, Polycab India, and Mazagon Dock Shipbuilders were exited.

The fund currently holds 81 stocks, with 67.2% in large caps, 27.0% in mid caps, and 5.8% in small caps.

The fund’s AUM stands at ₹3,110 crore, with TER of 1.89% for regular plans and 0.43% for direct plans.

Management is led by Trideep Bhattacharya, Ashwani Agarwalla, and Raj Koradia, targeting long-term capital growth across market capitalisations.

Quantitative metrics show a standard deviation of 13.03%, Sharpe ratio of 1.07, and active share of 48.85%, reflecting a diversified and actively managed portfolio. The fund’s AUM stands at ₹3,110 crore, with a total expense ratio of 1.89% for regular plans and 0.43% for direct plans.

It must be noted that past performance may not be indicative of future returns. Investors should read all scheme-related documents carefully before investing.

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