IDFC Flexi Cap mutual fund review: Returns hit by frequent changes
The fund manager runs a diversified portfolio but retains large positions in top few bets.
Synopsis
Apart from change in positioning, the fund has also seen several fund manager changes over the years, hurting its return profile. For now, investors can stick with more proven offerings in this space.
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
HOW THE FUND HAS PERFORMED
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WHERE THE FUND INVESTS
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BASIC FACTS
Date of launch: 28 September 2005
Category: Equity
Type: Flexi cap
AUM(As on 31 July 2021): Rs 5,741 crore
Benchmark: S&P BSE 500 Total Return Index
WHAT IT