Five flexi-cap mutual funds post single-digit 3-year returns
In short
Five flexi-cap mutual funds gave only single-digit returns over three years, according to ETWealth data. SBI Flexicap Fund and UTI Flexi Cap Fund returned 6.4% to 7.8%, Samco Flexi Cap Fund lost 5.5%, and Bank of India Flexi Cap led with 16.5%.
This matters for mutual fund investors comparing past performance. The story does not say if investors have moved money because of these results.
What the reporting says
Five flexi-cap mutual funds delivered single-digit returns over the past three years, with SBI Flexicap Fund and UTI Flexi Cap Fund returning 6.4% to 7.8%, according to ETWealth data cited in the reporting. Samco Flexi Cap Fund was the worst performer with a 5.5% loss, while Bank of India Flexi Cap led the group at 16.5%. The report does not state whether flows or investor actions changed after these returns.
Why it matters
The report compares three-year returns across five flexi-cap mutual funds and highlights a wide spread in performance, from a 5.5% loss to a 16.5% gain. The data is presented as ETWealth figures, with SBI Flexicap Fund and UTI Flexi Cap Fund in the single-digit return group. The immediate consequence for investors is comparison shopping, but any future flows or portfolio changes are not stated.