In the last couple of years, the Indian stock market has demonstrated remarkable growth, exhibiting resilience and strength. This upward momentum has been largely driven by the outstanding performance of mid and small-cap stocks, which have seen significant gains. At the same time, large-cap indices have also made considerable progress, significantly contributing to the overall market rally. This illustrates that there are opportunities across all market cap segments in the Indian stock market.<\/p>\n\n\n\n
In the current calendar year, the broader Nifty 500 index<\/strong> has risen around 23% (as of September 20, 2024); it had gained 25.8% in the previous calendar year. The index is now trading at its all-time high level.<\/p>\n\n\n\n With markets at an all-time high, it is essential to exercise caution. Maintaining a well-balanced exposure across various market capitalisations remains a prudent strategy during such times.<\/p>\n\n\n\n Flexi Cap Funds<\/a><\/strong>, with their versatile investment mandates, are well-positioned to employ a dynamic investment strategy. These funds invest across various market cap segments based on the fund manager’s insights. With no imposed limits or restrictions, this category empowers fund managers to exercise complete discretion in determining the market cap allocation within the portfolio. This flexibility enables them to capitalise on evolving market dynamics, potentially generating higher alpha for investors.<\/p>\n\n\n\n [Read: <\/strong>Flexi Cap Funds v\/s Multi Cap Funds: Which Is Better at a Market High?<\/a>]<\/p>\n\n\n\n In this article, explore the highest return mutual funds in the last 10 years from the Flexi Cap Fund category<\/strong>, selected based on SIP returns.<\/p>\n\n\n\n Highest Return Flexi Cap Fund in the Last 10 Years #1: Quant Flexi Cap Fund<\/a><\/strong><\/p>\n\n\n\n Quant Flexi Cap Fund was originally launched as a thematic fund in September 2008. After its recategorisation in 2018, the fund now follows an active investment strategy to identify high-growth stocks and dynamically shifts the portfolio mix across large-cap, mid-cap, and small-cap companies. The fund has demonstrated remarkable growth over the past few years, consistently outperforming its benchmark as well as the peers, and delivering substantial alpha for its investors. Quant Flexi Cap Fund has demonstrated a notable preference for momentum-driven stocks, which sets it apart from its peers. This strategy often involves holding many of its stocks with a short-term view, resulting in a high portfolio turnover rate, which has ranged between 300-400% over the past year.<\/p>\n\n\n\n Performance of Quant Flexi Cap Fund<\/em><\/strong><\/p>\n\n\n\n