Imagine a future where your financial well-being isn’t a constant source of worry, where you feel confident in your ability to navigate life’s uncertainties, and where your long-term goals seem within reach. For many, this vision of a secure financial future encompasses a comfortable retirement, the capacity to handle unexpected expenses without significant disruption, and perhaps even the ability to leave a lasting legacy for loved ones or support causes that matter most. Achieving such security in today’s complex financial landscape can feel overwhelming, but there is a professional who can help you chart a course toward these aspirations: a wealth management advisor. Demystifying the Wealth Management Advisor Wealth management advisors are professionals who offer personalized financial advice and services to individuals with significant assets. These professionals play a crucial role in assisting clients with various aspects of their financial lives, including Investment management, Retirement planning, Tax strategies, Estate planning. Their primary aim is to simplify complex financial matters, providing highly personalized support and strategies tailored to each client’s unique circumstances, goals, and priorities. With expertise spanning finance, accounting, and even law in some cases, wealth management advisors offer comprehensive guidance that extends beyond simple investment advice. They often coordinate a range of financial services, acting as a central point of contact to manage a client’s assets holistically and create a strategic plan that addresses both current and future needs. It’s important to understand the nuances between a wealth advisor and a general financial advisor. While both types of professionals aim to help clients achieve their financial goals, wealth managers are often considered a subset of financial advisors who typically serve more affluent clients. Wealth managers tend to offer a more in-depth analysis of financial plans, bringing additional tools and specialization that are particularly beneficial for individuals with higher net worth. Their services may extend beyond basic financial advice to include areas like sophisticated estate planning, tax optimization, and long-term legacy planning. In contrast, financial advisors may work with a broader range of individuals across varying income levels. Wealth management often involves a more comprehensive and hands-on approach, reflecting the complexity and scale of the financial lives they manage. The Comprehensive Services Offered by Wealth Management Advisors Personalised Financial Plan : A cornerstone of wealth management is the creation of a personalized financial plan, acting as a detailed roadmap to help clients achieve their specific objectives. This process begins with the advisor gaining a thorough understanding of the client’s unique goals, risk tolerance, and overall financial situation. Based on this understanding, wealth management advisors develop tailored strategies that utilize a diverse array of financial products and services to help clients reach their aspirations. These plans are not static; they are designed to be dynamic tools that evolve alongside the client’s life circumstances and changing needs. They support not only financial goals but also reflect the client’s lifestyle, core values, and personal priorities. Strategic investment management : Strategic investment management is another critical service offered by wealth management advisors. These professionals work with clients to assess their tolerance for risk and then provide an investment strategy designed to help them achieve their financial goals. This involves not just selecting investments but also actively managing and planning investment portfolios with the aim of maximizing returns while adhering to the client’s risk parameters. A key element of this service is diversification, spreading investments across various asset classes to mitigate risk and enhance the potential for long-term growth. Wealth management advisors also provide ongoing monitoring and rebalancing of these investments to ensure they remain aligned with the client’s objectives and adapt to changing market conditions. For eligible clients, they may also offer guidance on a range of investment vehicles, including alternative investments, to further diversify and potentially enhance portfolio returns. Retirement Planning : Retirement planning is a significant focus for wealth management advisors, as they help clients create a comprehensive blueprint for a financially secure and worry-free future. This involves a thorough analysis of the client’s projected needs after retirement, along with their current income, spending habits, and savings. Advisors identify the types of retirement accounts best suited to the client’s needs and develop strategies to maximize their retirement savings. Recognizing the increasing costs of healthcare in retirement, wealth management advisors also play a vital role in helping clients plan for these significant expenses. Furthermore, they assist in establishing retirement income strategies, outlining how clients can best access their savings to create a sustainable income stream throughout their retirement years, and developing appropriate withdrawal plans. Estate Planning : Estate planning and wealth transfer are also crucial services offered by wealth management advisors. They help clients develop clear plans for the transfer of their wealth, including strategies for charitable giving and managing estate taxes, all in alignment with their values and wishes. Wealth management advisors often coordinate with estate planning attorneys to assist clients in the creation of wills, trusts, and other necessary legal documents to ensure their assets are distributed according to their intentions. They also help clients evaluate the effectiveness of their existing estate plans, assessing asset titling and beneficiary designations to ensure a smooth and efficient transfer of wealth. A significant aspect of this service involves helping clients minimize the impact of estate and inheritance taxes through various advanced planning strategies. Tax optimisation : Tax optimisation is another key area where wealth management advisors provide valuable assistance. They often coordinate with a client’s tax professionals to develop strategies aimed at minimising their overall tax obligations. This involves identifying opportunities for tax efficiency across various aspects of their financial lives, including income, investments, and estates. These strategies may include the strategic placement of assets in tax-advantaged accounts, as well as optimising the timing and methods of retirement distributions to reduce tax liabilities. Protecting wealth : Protecting wealth is just as critical as growing it, and wealth management advisors employ a range of risk management and insurance strategies to safeguard their clients’ assets against unforeseen circumstances. This includes a thorough assessment of potential
Before we discuss this edition we did our analysis , the earlier we did our analysis about 6 months back. You can read the blog mid cap fund analysis 2024 an analysis. Certain fund which were under discussion have been removed as they could not keep either the returns or fund size was not considerable. HSBC Midcap Fund Reg growth PGIM India Mid Cap Opp Fund Reg growth ITI Mid Cap Fund Reg – I have included this fund as it was very new fund and it was top performer on 1 year basis, but now is bottom performer. This goes to show that top performer lose next year and we have to find fund which can help us build wealth I have included below funds which have been top performer. Invesco India Mid Cap Fund (G) WhiteOak Capital Mid Cap Fund Reg (G) As always refer to a advisor or reach out to me to help you with best portfolio. Fund Name Year Of inception Fund rating ( Crisil rated ) Portfolio Size ( In Cr ) Expense ratio PE ratios Exit Load Benchmark HDFC Mid Cap Opportunities Fund 2007 4 72,610.08 cr 1.42% 20.91 1% for redemption within 1 year NIFTY MidCap 150 Index(Total Returns Index) Motilal Oswal Midcap Fund Reg 2014 5 26,028.34 cr 1.57% 41.71 1% for redemption within 1 year Nifty Midcap 150 TRI Nippon India Growth Fund 1995 4 33,174.74 cr 1.58% 24.41 1% for redemption within 30 days Nifty Midcap 150 TRI Edelweiss Mid Cap Fund 2007 5 8633.85 1.7% 12.16 1% for redemption within 90 days Nifty Midcap 150 TRI Quant MidCap Fund 2008 1 8,355.95 1.78% 22.27 0.5% for redemption within 90 days Nifty Mid Cap 150 TRI Kotak Emerging Equity (G) 2007 3 48,128.71 1.46 26.17 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days Nifty Midcap 150 TRI Axis Mid cap fund(G) 2011 3 28,063.01 1.58 18.93 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days BSE 150 Midcap TRI SBI Magnum MidCap Fund Reg (G) 2005 3 20,890.26 1.67 30.97 1% for redemption within 1 year Nifty Midcap 150 Index (TRI) Invesco India Mid Cap Fund (G) 2007 5 5779.32 1.82 32.13 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days BSE 150 Midcap TRI WhiteOak Capital Mid Cap Fund Reg (G) 2022 – 2744.56 1.96 21.86 1% for units redeemed before 1 month BSE Midcap 150 TRI ITI Mid Cap Fund Reg (G) 2021 4 1091.64 2.07 12.60 1% for redemption within 1 year Nifty Midcap 150 TRI HDFC Mid Cap Opportunities Fund : The fund was launched in 2007 enjoys 5 star rating from CRISIL, Portfolio size of 72,610 cr one of the biggest fund sizes. Expense ratio of the fund is 1.42%. The exit load is 1% for redemption before 1 year. Fund PE IS 20.91 MotilalOswal Mid cap fund: The fund was launched in the year 2014, its 5 star rating by CRISIL. The fund size is 26,028.34 Cr. The expense ratio is 1.57% , PE of the fund is 41.71. Exit load is 1 % for redemption within 1 year . Nippon India Growth Fund : The fund was launched in the year 1995, one of very early funds in the industry,4 star rated by CRISIL, good fund size of 33,174 cr. The expense ratio is 1.58% . The PE of the fund is 24.41. The exit load applicable is 1% for redemption within 30 days. Edelweiss Mid Cap Fund : The fund was launched in the year 2007, It is currently 5 star rated by CRISIL, with a decent fund size of 8633 cr. The expense ratio of the fund is 1.7%. PE of the fund is 12.16. Exit load applicable is 1% for redemption within 90 days. Quant MidCap Fund: The fund was launched in the year 2008, its currently 1 star rated by CRISIL, has a decent portfolio size of 8,355.95 cr. Expense ratio of 1.78% and PE of the fund is 22.27. The fund exit load is 0.5% for redemption within 90 days. Kotak Emerging Equity : The fund was launched in the year 2007, 3 star rated by CRISIL, second highest fund size in the category, expense ratio of 1.46%. PE of 26.17. The Exit laid applicable units in excess of 10% of investment 1% would be charged for redemption with in 365 days Axis Mid cap fund Fund: The fund was launched in the year 2011, 3 star CRISIL rated, with a great fund size of 28,063.01 cr. The expense ratio of the fund is 1.58. PE of the fund is 18.93. Exit load on the fund is For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days. SBI Magnum MidCap Fund: The fund was launched in 2005, a 3 star rated fund. Good fund size of 20,890.26 cr. Expense ratio of 1.67. PE of the fund is 30.97. The exit load applicable on the fund is 1% for redemption within 1 year. Invesco India Mid Cap Fund (G): The fund was launched in 2007 , it is rated 5 star from CRISIL.Fund size of 5779.32 Expense ratio is 1.82. PE of 32.13. The exit load applicable on the fund is For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days WhiteOak Capital Mid Cap Fund Reg (G): The fund was launched in the year 2022, It is not rated as per CRISIL, The fund size of 2744.56cr. The expense ratio of the fund is 1.96. PE of the fund is 21.86. The exit load on fund is 1% for units redeemed before 1 month ITI Mid Cap Fund Reg (G) : This fund was launched in the year 2021. It is rated as 4 star by CRISIL, with a very small fund
Are you feeling overwhelmed by your finances? Ever feel like you’re juggling a million financial balls in the air? Savings, investments, retirement, taxes… it can get overwhelming, right? Do you have big dreams for the future but aren’t sure how to get there? If so, you’re not alone. Many people find it challenging to manage their wealth effectively. That’s where a wealth management advisor comes in. Think of a wealth management advisor as your financial partner, someone who provides expert guidance and support to help you achieve your financial goals. They’re not just for the ultra-rich; they can benefit anyone who wants to build a secure financial future. Let’s break down the top 10 reasons why having a wealth management advisor in your corner today can be a game-changer: Get Crystal Clear on Your Big Picture: What does your ideal future look like? Maybe it’s retiring early and traveling the world, or perhaps it’s ensuring your kids have a debt-free start to their adult lives. A wealth management advisor helps you define these often-vague dreams into concrete, achievable financial goals. For instance, they might help you calculate exactly how much you need to save each month to retire comfortably by age 60. Personalized Financial Strategy You wouldn’t build a house without a blueprint, so why navigate your financial life without one? A wealth management advisor will work with you to create a comprehensive financial plan. This isn’t just about investments; it’s about understanding your entire financial ecosystem – your income, expenses, debts, and assets – and how they all work together. Imagine having a clear, step-by-step guide to reach your financial milestones. Expert Navigation Through Financial Storms: Life is full of surprises, and sometimes those surprises have financial implications. Whether it’s a job loss, a sudden death, or a major market downturn, a wealth management advisor can provide objective guidance and help you make sound decisions during challenging times. Think of them as your steady hand on the wheel when things get rocky. Smart Investment Strategies Tailored Just for You: Investing isn’t one-size-fits-all. A wealth management advisor takes the time to understand your risk tolerance, time horizon, and financial goals to build a diversified investment portfolio that aligns with your unique circumstances. For example, if you’re young and have a long time horizon, they might recommend a portfolio with a higher allocation to growth stocks. Unlock Tax-Saving Secrets: Taxes can take a significant bite out of your wealth. A knowledgeable wealth management advisor can help you implement tax-efficient strategies, from choosing the right types of investment accounts to exploring potential deductions and credits. This can translate into significant savings over time. Retire with Confidence and Security: Retirement might seem far away, but planning for it now is crucial. A wealth management advisor can help you determine how much you need to save, explore different retirement income streams, and create a plan to ensure you have the financial freedom to enjoy your post-working years. Protect What Matters Most: What would happen to your loved ones if the unexpected occurred? A wealth management advisor can help you assess your insurance needs (life, disability, long-term care) and guide you in creating an estate plan, including wills and trusts, to protect your family and ensure your assets are distributed according to your wishes. An Unbiased Voice in a Noisy World: It’s easy to get swayed by the latest investment trends or emotional reactions to market news. A wealth management advisor provides an objective and rational perspective, helping you stay focused on your long-term goals and avoid impulsive decisions that could derail your financial plan. Reclaim Your Precious Time: Let’s be honest, managing your finances effectively takes time and effort. By partnering with a wealth management advisor, you can offload the burden of research, analysis, and ongoing management, freeing up your time to focus on what truly matters to you. Stay on the Path to Success with Ongoing Support: Your financial journey isn’t a one-time event; it’s an ongoing process. A wealth management advisor provides continuous support, monitors your progress, and makes adjustments to your plan as your life circumstances and the market evolve. They’re your long-term partner in achieving your financial aspirations. Ready to Take Control of Your Financial Future? If any of these reasons resonate with you, it might be time to consider partnering with a wealth management advisor. You need not look further; you can hear what our customer says about our services. What are your biggest financial concerns right now? Let’s think about it and contact us to learn about the same.
A recent insightful article in the Wealth Edition of the Economic Times explored the crucial topic of financial planning for foreign education, covering aspects like funding, insurance, loans, and study destinations. Building on this foundation, this article will delve deeper into the financial strategies essential for funding any child’s education, whether at home or abroad. The desire for quality education for their children is a strong one for most parents. The HSBC Quality of Life Report 2024 highlighted this, revealing that a significant 78% of parents are either actively planning to send their children for overseas education or already have a child studying abroad. However, pursuing education, especially internationally, can be a substantial financial undertaking, particularly for families who haven’t planned diligently. For those who haven’t prepared at all, the situation can be even more challenging. The Cost of Delay: Why Procrastination Can Derail Dreams Regrettably, many parents only begin to consider the financial implications of their child’s educational aspirations when those dreams are almost within reach. By then, they often find themselves lacking the necessary resources to provide adequate support. This can lead to the heartbreaking scenario of a child’s ambitions being curtailed, or families being forced to explore less desirable alternatives. Consider the pitfalls of delayed planning: Education Loans with High Interest: Education loans can come with significant interest rates, ranging from 8.20% to 13.70%, and may be secured or unsecured. This can place considerable pressure on young graduates who are just starting their careers and are immediately burdened with debt repayment. Raiding Retirement Funds: A Dangerous Gamble: Another tempting but ill-advised option is for parents to dip into their retirement savings, such as funds in PPF or EPF. This is a critical mistake, as retirement security cannot be recovered through loans later in life. If facing such a dilemma, securing an education loan today is a far more prudent choice than jeopardizing your future financial stability. If you are stuck with the above option taking a loan today is better not to use your Retirement corpus. Understanding the Spectrum of Educational Costs: When formulating your financial plan, it’s essential to consider the full range of expenses involved: Tuition Fees: The Cornerstone Expense: This will invariably be the most significant component of your educational budget. These fees fluctuate considerably based on the chosen course, the institution, and the country of study. Accommodation: A Major Variable: Whether your child studies domestically or internationally, accommodation costs represent another substantial expense. While some institutions offer on-campus housing, many students, especially those abroad, need to seek off-campus options, with varying associated costs. Cost of Living: Beyond Tuition and Housing: Students will also incur daily living expenses, including food, transportation, and recreational activities, which need to be factored into your planning. Health Insurance: A Non-Negotiable Expense: Health insurance is typically a mandatory cost, especially for students pursuing education abroad. The Impact of Inflation and Currency Fluctuations: When planning for your child’s future education, it’s crucial to acknowledge the eroding effect of inflation on all the aforementioned expenses. Furthermore, for overseas education, currency depreciation can significantly inflate costs. Some sources suggest that these costs can inflate by as much as 10% annually, a rate considerably higher than general inflation. (https://www.gyandhan.com/blogs/inflation-and-exchange-rate-effect-on-study-cost-in-usa) Therefore, proactive financial planning for your children’s education is not just advisable; it’s a necessity, regardless of whether their academic path leads them to local institutions or universities across the globe. It’s about strategically preparing to empower their academic journey without jeopardizing your own financial well-being. Why Early Planning is Crucial: The earlier you begin planning for your child’s education, the greater the benefits: Power of Compounding: Starting early allows your investments to benefit from the magic of compounding. This means that the earnings on your initial investment also start earning returns, leading to exponential growth over time. Smaller Contributions Over Time: Spreading your savings over a longer period means you can contribute smaller amounts regularly rather than facing a large financial burden closer to their educational years. More Investment Options: With a longer time horizon, you have more flexibility to explore various investment options that may carry slightly higher risk but also the potential for greater returns. Reduced Financial Stress: Knowing you have a plan in place can significantly reduce the stress and anxiety associated with funding your child’s education as they get older. Flexibility to Adapt: Early planning allows you to adapt your strategy if your child’s educational path changes or if unforeseen circumstances arise. Key Steps in Financial Planning for Education: Define Your Child’s Potential Educational Path and Estimate Costs: While it’s impossible to predict the future with certainty, start by considering the potential educational pathways your child might pursue. Will they attend private or public primary and secondary schools? Are you envisioning a local college or one out of state or even overseas? Research current education costs and factor in inflation. Historical inflation rates for education can provide a guideline, but it’s wise to err on the side of caution and project a reasonable increase. For example, if a bachelor’s degree currently costs ₹15 lakh, estimate what it might cost in 15-18 years, considering an average inflation rate of, say, 5-7% per annum. Don’t forget to include associated costs like accommodation, books, supplies, and living expenses if they plan to study away from home. Assess Your Current Financial Situation: Take a clear look at your current income, expenses, savings, and debts. Understand how much you can realistically allocate towards your child’s education fund without compromising your other financial goals, such as retirement planning or emergency savings. Identify potential sources of funding, including your regular income, existing savings, and any potential future inheritances or windfalls. Set Clear Financial Goals and Timelines: Based on your estimated costs and current financial situation, set specific financial goals for each stage of your child’s education (e.g., saving ₹X by the time they finish high school, ₹Y by the time they start their undergraduate degree). Establish clear timelines for achieving these goals. This will
Mirae Asset Hang Seng TECH E T F FOF Reg (G) Fund Name Year Of inception Portfolio Size ( In Cr ) Expense ratio Minimum Investment Exit Load Mirae Asset Hang Seng TECH E T F FOF Reg (G) 08-12-2021 93 0.53 ₹5,000/- and in multiples of ₹1/- thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹1/- thereafter 0.5% if redeemed within 3 months ,NlL if redeemed after The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Hang Seng TECH ETF. There is no assurance that the investment objective of the Scheme will be achieved. Asset allocation : Instruments Indicative allocations (% of total assets) Minimum Maximum Units of Mirae Asset Hang Seng TECH ETF 95 100 Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds 0 5 Fund managers : Ekta Gala Akshay Udeshi MIRAE ASSET HANG SENG TECH ETF – (Exchange Traded Fund (ETF) – An open ended scheme replicating/tracking Hang Seng TECH Total Return Index (INR)) Scrip : NSE Symbol: MAHKTECH , BSE Scrip Code: 543414 Launch date : 6th December 2021 Net AUM : 382.84 cr. Tracking Error : 0.13% Fund manager : Mr Siddharth Srivastva Hang Seng TECH Index represents the 30 largest technology companies listed in Hong Kong that have high business exposure to technology themes and pass the index’s screening criteria. Tencent Holdings Ltd. 8.30% JD.com Inc 8.23% Alibaba Group Holding Ltd. 8.21% Xiaomi Corporation 7.98% Meituan 7.93% Semiconductor Manufacturing International Corp 7.34% Kuaishou Technology 6.54% Li Auto Inc 5.49% XPeng Inc 5.12% Netease Inc 4.39% Other Equities 30.46% Equity Holding Total 99.99% Cash & Other Receivables 0.01% Total 100.00% Scheme Sub Category Expense Ratio 6 months 1 year 2 years 3 years 5 years 7 years 10 years Mirae Asset Hang Seng TECH E T F FOF Reg (G) Equity: Global 0.53 14.76 70.26 21.91 16.23 HDFC Nifty 50 Index Fund (G) Equity: Index 0.32 -2.46 8.85 17.85 12.35 22.66 13.26 11.97 Taxation : Effective July 23. 2024 Holding period <2 Year, STCG – Tax slab >2 Year, LTCG- 12.5% The fund is not accepting investment as of now Edelweiss Europe Dynamic Equity Off-shore Fund Reg (G) Fund Name Year Of inception Portfolio Size ( In Cr ) Expense ratio Exit Load Edelweiss Europe Dynamic Equity Off-shore Fund Reg (G) 07 Feb 2014 110 Cr 1.41 Rs. 100/- per application The primary investment objective of the Scheme is to seek to provide long term capital growth by investing predominantly in the JPMorgan Funds – Europe Dynamic Fund, an equity fund which invests primarily in an aggressively managed portfolio of European companies. Asset allocation : Instruments Indicative allocations (% of total assets) Minimum Maximum Shares of the Underlying Fund i.e. JPMorgan Funds – Europe Dynamic Fund 95 100 Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds 0 5 Fund manager : Mr. Bhavesh Jain Mr. Bharat Lahoti JPMorgan Funds – Europe Dynamic Fund I (acc) – EUR, which is holding 67 equity, large cap funds Country Allocation : ( 31 Mar 2025) Germany 25.42 United Kingdom 21.97 France 12.59 Switzerland 9.18 Netherlands 7.86 Italy 6.28 Spain 4.36 Denmark 2.87 Russia 2.47 Finland 1.78 Ireland 1.61 Sweden 1.43 US 1.42 Norway 0.75 Total 99.99 Top Holding sectors : Financial services 26.13 Industrial 12.29 Healthcare 10.64 Consumer Defensive 10.24 Consumer cyclical 9.28 Top Holding companies : Stock Name Sector %antage holding Shell PLC Energy 3.95 SAP SE Technology 3.94 Novartis AG Registered Shares Healthcare 3.26 Munchener Ruckversicherungs- Gesellshaft AG Financial Services 2.93 Allianz SE Financial Services 2.91 Taxation : Effective July 23. 2024 Holding period <2 Year, STCG – Tax slab >2 Year, LTCG- 12.5% Scheme Sub Category Expense Ratio 6 months 1 year 2 years 3 years 5 years 7 years 10 years Edelweiss Europe Dynamic Equity Off-shore Fund Reg (G) Equity: Global 1.41 7.91 16 13.63 13.56 17.01 9.18 7.7 HDFC Nifty 50 Index Fund (G) Equity: Index 0.32 -2.46 8.85 17.85 12.35 22.66 13.26 11.97 This Fund is accepting the investments ICICI Pru Global Advantage Fund (G) Fund Name Year Of inception Portfolio Size ( In Cr ) Expense ratio Minimum Investment ICICI Pru Global Advantage Fund (G) 07-Oct-19 338 1.33% Rs 100 (plus in multiples of Re.1) ICICI Prudential Global Advantage Fund (FOF) (the Scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of one or more mutual fund schemes / ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which predominantly invest in international markets. A certain corpus of the Scheme will also be invested in units of domestic mutual fund schemes/ETFs managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s). Asset Allocation : Instruments Indicative allocations (% of total assets) Minimum Maximum Units of mutual fund schemes as stated below 95% 100% a) Units of mutual fund schemes/ETFs which have the mandate to invest predominantly (at least sixty five percent of the net assets of the schemes) in equity and equity related securities in international markets 80% 100% b) Units of equity oriented schemes#/equity oriented ETFs which invests in equity and equity related securities in domestic markets 0% 20% c) Units of debt oriented/hybrid Mutual fund Schemes/ETFs 0% 20% Money Market Instruments (with maturity not exceeding 91 days) including TREPS*, cash & cash equivalents 0% 5% The indicative list is highlighted below: Aditya Birla Sun Life Commodity Equities Fund – Global Agri Plan Aditya Birla Sun Life International Equity Fund – Plan A Franklin Asian Equity Fund ICICI Prudential US Bluechip Equity Fund Nippon India Japan Equity Fund Nippon US Equity Opportunities Fund Motilal Oswal Nasdaq 100 ETF Nippon ETF Hang Seng BeES Fund managers : Mr. Sankaran Naren Mr. Dharmesh Kakkad Sharmila D’mello Ms. Masoomi Jhurmarvala Current Portfolio
Fund Name Year Of inception Fund rating ( Crisil rated ) Portfolio Size ( In Cr ) Expense ratio Exit Load HDFC Balanced Advantage Fund (G) 1994 4 90,375 1.37 For units in excess of 15% of the investment, 1% will be charged for redemption within 365 days ICICI Pru Balanced Advantage Fund Reg (G) 2006 2 58,717 1.48 For units in excess of 30% of the investment, 1% will be charged for redemption within 1 year Aditya Birla SL Balanced Advantage Fund (G) 2000 2 6,988 1.82 0.25% – 0-7 days 0.00% – >7 days Edelweiss Balanced Advantage Fund (G) 2009 2 11,697 1.69 Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 day Nippon India Balanced Advantage Fund (G) 2004 – 8,431 1.76 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days SBI Balanced Advantage Fund Reg (G) 2021 – 32,530 1.59 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days Kotak Balanced Advantage Fund Reg (G) 2018 – 15,813 1.67 For units in excess of 8% of the investment, 1% will be charged for redemption within 365 days Axis Balanced Advantage Fund Reg (G) 2017 – 2,625 1.99 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days Baroda BNP Paribas Balanced Advantage Fund 2018 – 3,833 1.89 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days HDFC Balanced Advantage Fund (G) : The fund was launched in the year 1994, it is CRISIL rated as 4 star, It has one of the largest portfolio fund size of 90,375 Cr. Expense ratio of 1.37. The fund offers an exit load for units excess of 15% of investment 1% < 1 Year of investment. ICICI Pru Balanced Advantage Fund Reg (G): This fund was launched in the year 2006, It is CRISIL rated as 2 star. It has another big size of 58,717 cr. Expense ratio of 1.48. Exit load applicable is for excess of units redeemed above 30% , 1% for less than 1 year. Aditya Birla SL Balanced Advantage Fund (G) : This again one the oldest funds in the industry launched in 2000, The fund has AUM of 6,988 cr. The fund has an expense ratio of 1.82. It offers an exit load of 0.25% for less than 7 days. Edelweiss Balanced Advantage Fund (G) : The fund was launched in the year 2009, It has AUm of 11,697. The fund has an expense ratio of 1.69. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 day Nippon India Balanced Advantage Fund (G) : The fund was launched in the year 2004, unrated as per CRISIL, It has the fund size of 8,431. The fund has an expense ratio of 1.76. The exit load on the fund units in excess of 10% of investment 1% before 365 days. SBI Balanced Advantage Fund Reg (G) : The fund was launched in the year 2021, the size of the fund is 32,530 cr. The fund has an expense ratio of 1.59 . The expense ratio of the fund is excess of 10% of the investment 1% will be charged before 365 days. Kotak Balanced Advantage Fund Reg (G) : This fund was launched in the year 2018, Unrated as per CRISIL. The fund has a size of about 15,813 cr. The expense ratio of the fund is 1.67. Exit laid applicable is Units in excess of 8% at 1% before 365 days of investment. Axis Balanced Advantage Fund Reg (G): This fund was launched in the year 2017, It is still unrated by CRISIL. The fund has a small fund size of 2,625 cr. The expense ratio of the fund is 1.99. Exit load units in excess of 10% of investment charged at 1% before 365 days of investment. Baroda BNP Paribas Balanced Advantage Fund(G) : The fund was Launched in the year 2018, Currently unrated. The fund has a size of 3,833 cr. The expense ratio of the fund is 1.89. Exit load is units excess of 10% of investment 1% charged before 365 days. Trailing Returns : Scheme 6 months 1 year 3 years 5 years 7 years 10 years HDFC Balanced Advantage Fund (G) -4.27 10.21 20.14 28.95 15.65 13.55 ICICI Pru Balanced Advantage Fund Reg (G) -2.96 8.83 12.23 19.36 11.3 10.62 Aditya Birla SL Balanced Advantage Fund (G) -3.7 11.63 11.79 18.99 10.7 10.6 Edelweiss Balanced Advantage Fund (G) -6.03 8.19 11.2 18.02 12.22 10.08 Nippon India Balanced Advantage Fund (G) -4.51 9.16 12.01 17.34 10.99 9.57 SBI Balanced Advantage Fund Reg (G) -1.86 8.57 12.93 – – – Kotak Balanced Advantage Fund Reg (G) -4.21 9.8 11 18 – – Axis Balanced Advantage Fund Reg (G) -3.4 13.12 12.98 15.56 10.24 – Baroda BNP Paribas Balanced Advantage Fund -5.2 8.88 12.29 19.76 – – 1 year trailing 1st quartile : 10.5- 14% – Aditya Birla SL Balanced Advantage Fund (G), Axis Balanced Advantage Fund Reg (G) 2rd quartile : 7.0-10.5%- HDFC Balanced Advantage Fund (G), ICICI Pru Balanced Advantage Fund Reg (G), Edelweiss Balanced Advantage Fund (G), Nippon India Balanced Advantage Fund (G), SBI Balanced Advantage Fund Reg (G), Kotak Balanced Advantage Fund Reg (G), Baroda BNP Paribas Balanced Advantage Fund 3rth quartile : 3.5- 7.0% – No fund 4th quartile : >0-3.5% – No Fund 3 years trailing return 1st quartile : 17.25 – 21 : HDFC Balanced Advantage Fund (G) 2rd quartile : 13.5- 17.25 : No Fund 3rth quartile : 9.75- 13.5 : ICICI Pru Balanced Advantage Fund Reg (G), Aditya Birla SL Balanced Advantage Fund (G), Edelweiss Balanced Advantage Fund (G), Nippon India Balanced Advantage Fund (G), SBI Balanced Advantage Fund Reg (G), Kotak Balanced Advantage Fund Reg (G), Axis Balanced Advantage Fund
Fund Name Year Of inception Fund rating ( Crisil rated ) Portfolio Size ( In Cr ) Expense ratio Exit Load Parag Parikh Flexi Cap Fund Reg (G) 2013 4 Star 89703.46 cr 1.33 2.00% – 0-365 days 1.00% – 365-730 days 0.00% – >730 days HDFC Flexi Cap Fund Reg (G) 1995 4 star 66,344 1.42% <1 year 1% ; >1 year 0% Kotak Flexi Cap Fund Reg (G) 2009 2 star 50,426 1.47% 1.00% – 0-1 years 0.00% – >1 years Nippon India Multi Cap Fund (G) 2005 3 star 37,593.67 1.57% 1.00% – 0-12 months 0.00% – >12 months SBI Focused Equity Fund Reg (G) 2004 3 star 34,648 cr 1.57% 1.00% – 0-1 years 0.00% – >1 years Invesco India Multicap Fund (G) 2008 4 star 3,727.8 cr 1.89% 1.00% – 0-1 years 0.00% – >1 years Franklin India Focused Equity Fund (G) 2007 3 star 11,553.45 cr 1.78% 1.00% – 0-1 years 0.00% – >1 years Quant Flexi Cap Fund (G) 2008 – 6,829.09 cr 1.80% 1.00% – 0-15 days 0.00% – >15 days JM Flexi Cap Fund (G) 2008 5 star 5,254.65 1.81% <30 days 1% ; >30 days 0% 360 One Focused Equity Fund (G) 2014 2 star 6,885.21 cr 1.76% 1.00% – 0-12 months 0.00% – >12 months Mahindra Manulife Multi Cap Fund Reg (G) 2017 2 star 4,750.15 cr 1.82% 1.00% – 0-3 months 0.00% – >3 months Kotak Multicap Fund (G) 2021 – 15,726 cr 1.65% 1.00% – 0-1 years 0.00% – >1 years Invesco India Focused Fund Reg (G) 2020 5 star 3,360.52 cr 1.88 1.00% – 0-1 years 0.00% – >1 years Motilal Oswal Flexi Cap Fund Reg (G) 2014 5 Star 13,162 1.72% 1.00% – 0-1 years 0.00% – >1 years Parag Parikh Flexi Cap Fund Reg (G) The fund was launched in 2013 . enjoys a rating of 4 star with highest fund size in the category of 89,703.46 cr. The expense ratio of the fund is 1.33, lowest in the category. But the fund has the highest exit load. HDFC Flexi Cap Fund Reg (G) This is one of the oldest funds in the industry , currently rated at 4 star, with fund size of 66,344 cr. The fund has an expense ratio of 1.42%. Exit load of 1% before 1 year. Kotak Flexi Cap Fund Reg (G) The fund was launched in the year 2009, with a fund size of 50,426 Cr, a very large fund seized in the category , rated at 2 stars. The fund has an expense ratio of 1.47%. The exit load of the fund is 1% for less than 1 years Nippon India Multi Cap Fund (G) The fund was launched in the year 2005, rated at 3 star with fund size 37,593.67 cr. The expense ratio on the fund is 1.57%. With the exit load of 1% for less than 12 months. SBI Focused Equity Fund Reg (G) The fund was launched in 2004, the fund is rated 3 star , fund size 34,648 cr. The expense ratio of the fund is 1.57% . The exit load of the fund is 1% for 12 months. Invesco India Multicap Fund (G) This fund was launched in 2008, it is CRISIL rated 4 star fund, Small fund size even after launch of in 2008 of 3,727.8 cr. The expense ratio of the fund is 1.89%. The exit load of the fund is 1% for less than 1 year. Franklin India Focused Equity Fund (G) The fund was launched in the year 2007, It is currently rated as 3 star. With a fund size of 11,553.45 cr. The expense ratio of the fund is 1.78%. Exit load of the fund is 1% for less than 1 year. Quant Flexi Cap Fund (G) The fund was launched in 2008, it doesn’t have a CRISIL rating as of now. The fund size is not too large 6,829 cr . The fund expense ratio of 1.8%. The exit load of the fund is 1% for less than 15 days. JM Flexi Cap Fund (G) The fund was launched in 2008 , rated 5 star by CRISIL. The fund size as of now is 5,254.65 cr. The Expense ratio of the fund is 1.81%. The exit load on the fund is 1% for less than 30 days. 360 One Focused Equity Fund (G) This fund was launched in 2014, it is currently rated as 2 star. Fund size of 6,885.21 cr. The expense ratio of the fund is 1.76%. The exit load of the fund is 1% less than 1 year. Mahindra Manulife Multi Cap Fund Reg (G) The fund was launched in the year 2017, rated by CRISIL as 2 star. The fund size is small at 4,750.15 cr. The expense ratio of the fund was 1.82%. The exit load on the fund is 1% for 3 months. Kotak Multicap Fund (G) This fund was launched in 2021 with a fundsize of 15,726 cr. The fund is not rated as on date. The expense ratio of the fund is 1.65%. The exit laid on the fund is 1% for less than 1 year. Invesco India Focused Fund Reg (G) This fund is a very recent entry launched in 2020, The fund is rated 5 star by CRISIL. The fund size is small 3,360.52 cr. The expense ratio of the fund is 1.88. The exit load of the fund is 1 % for less than 1 year. Motilal Oswal Flexi Cap Fund Reg (G) This fund was launched in the year 2014, The fund is rated as 5 star by CRISIL. The Expense ratio of the fund is 1.72%. The fund size is 13,162 cr. The exit load of the fund is 1% for less than 1 year. Trailing Returns : Scheme 6 Month 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year Parag Parikh Flexi Cap Fund Reg (G) -0.53 13.65 17.74 22.69 18.92 17.08 – HDFC Flexi Cap Fund
Financial planning in simple terms is a regular approach to meet one’s life financial goals. Financial planning is a process which provides you a systematic and planned way to reach these goals while avoiding any surprises . A financial plan acts as a guide throughout your life’s journey. In today’s fast-paced world, it’s easy to feel overwhelmed by financial pressures. Whether you’re saving for a down payment, planning for retirement, or simply trying to make ends meet, a solid financial plan can provide the clarity and confidence you need to achieve your goals. A Financial planner is the one who is a qualified investment professional who helps individuals meet their long-term financial objectives or goals. These professionals do their work by consulting with clients to analyse their goals, risk tolerance , and life stages , and identify suitable classes of investments for them. Why is Financial Planning Important? Increase saving : Though saving can be done without a financial plan , when you plan you get a good deal of insights on how you are saving and what expenses can you cut down. Achieve your goals: A financial plan provides a clear path to achieving your financial aspirations. Reduce stress: Knowing where your money is going can alleviate financial anxiety. Build wealth: Effective financial planning can help you grow your wealth over time. Prepare for the unexpected: A solid plan can help you weather financial storms. A solid financial planning is a very important instrument for personal finance, so lets look at what are the key steps. Key Steps to Financial Planning: Realistic Goals: Start by identifying your short-term, medium-term, and long-term financial goals and assigning them priorities. Make sure your goals are specific, measurable, achievable, relevant, and time-bound (SMART). Eg. How much would you need for child education and when would that be required. Create a Budget: Track your income and expenses. Identify areas where you can cut back. Make an elaborate sheet of all your income sources and expenses. You can use spreadsheet to look at them ( we have one created which we been using since last 10 years ) Manage Debt: Prioritize paying off high-interest debt. Consider debt consolidation options. Invest Wisely: Diversify your investments to reduce risk. Consider your risk tolerance and time horizon. Seek professional advice if needed. Protect Your Assets: Ensure you have adequate health, life, and property insurance. Create an emergency fund to cover unexpected expenses. Make Asset allocation The all the above culminates into your assets allocation What all assets and how much amount you can hold Review and Adjust: Regularly review your financial plan and make adjustments as needed As you grow your income, expenditure and lifestyle changes, you need to keep changing the plan along the way It’s not just limited to individuals, a lot of external factors also change. Seeking Professional Advice: While you can create a financial plan on your own, consider seeking advice from a qualified financial advisor. They can provide personalized guidance and help you make informed decisions. We will discuss about some duties and responsibilities of a financial planner Provide financial planning and investment advisory services Research and present investment strategies Develop and execute goals planning Implement risk management and tax planning strategies Help with estate planning Help to develop financial plan and execute the same with client Keep reviewing and make changes as and when required . In Conclusion: Think of financial planning as mapping out a journey to your desired financial future. This article delved into why creating such a plan is crucial, and provided practical steps. However, a plan remains just an idea until it’s put into action. The sooner you begin implementing your financial strategy, the simpler the process becomes, and your odds of reaching your objectives significantly improve. So, what’s holding you back? We trust you found this information valuable. If so, please consider sharing it with your network, so more people can be benefited . Should any aspect of our explanation require further clarification, please don’t hesitate to ask in the comments below or reach us . We’ll be happy to provide answers.
As your trusted financial advisor, I’ve observed market cycles, each presenting unique challenges and opportunities. The current correction, initiated in September 2024, is no exception. It’s a moment that tests our resolve and underscores the importance of a well-defined, long-term investment strategy. I understand the anxieties and questions many of you are grappling with: “Should I pause my SIP?” “Is it time to liquidate my holdings?” These are valid concerns, and I’m here to provide clarity and guidance, grounded in both experience and data. The Emotional Rollercoaster of Investing: A Human Element Let’s acknowledge the human element in investing. It’s not just about numbers; it’s about emotions. The surge from March 2023 to September 2024 generated a wave of optimism, with many investors eagerly participating in the market’s upward trajectory. However, the subsequent downturn has triggered a stark shift in sentiment, often leading to impulsive decisions driven by fear. This emotional pendulum swing is a natural human response. We are wired to seek immediate gratification and avoid pain. During bull markets, the constant positive feedback loop reinforces our belief in the market’s invincibility. Conversely, during corrections, the sight of red on our portfolio statements can be deeply unsettling. The Fundamental Principle: Rupee-Cost Averaging and Its Practical Application It’s crucial to revisit the core principle that underpins our SIP strategy: rupee-cost averaging. This approach is designed to mitigate the impact of market volatility by investing a fixed sum at regular intervals. When markets are high, your investment buys fewer units; when they are low, it buys more. This inherently averages out your purchase price over time, reducing the risk of timing the market. However, the psychological challenge lies in maintaining discipline during downturns. The allure of locking in gains during bull markets and the fear of further losses during corrections can tempt us to deviate from our long-term strategy. Illustrative Case Studies: Lessons from the Past, Data-Driven Insights To illustrate the power of disciplined investing, let’s examine the experiences of three hypothetical investors during the period from May 2014 to February 2025. We’ll use actual fund performance data to provide concrete insights. Scenario: Fund: ICICI Pru Bluechip Fund Regular Growth Investment: ₹30,000 per month Investment Date: 3rd of each month Investor Profiles: Mr. A: Stopped investing after a market peak in March 2015. Mr. B: Considered stopping after two years, seeing minimal returns in April 2016. Mr. C: Continued investing consistently through February 2025. Amount invest till 03 March 2015 Value of investment 03 March 2015 XIRR 03 March 2015 Amount invest till 04 April 2016 Value of investment 04 April 2016 XIRR 04 April 2016 Amount invest till 28 February 2025 Value of investment 28 February 2025 XIRR 28 February 2025 Mr A ₹330,000.00 ₹380,676.25 40.15 ₹330,000.00 ₹339,237.09 1.85 ₹330,000.00 ₹1,180,770.67 13.05 Mr B ₹330,000.00 ₹380,676.25 40.15 ₹720,000.00 ₹722,348.10 0.34 ₹720,000.00 ₹2,514,251.72 13.50 Mr C ₹330,000.00 ₹380,676.25 40.15 ₹720,000.00 ₹722,348.10 0.34 ₹3,900,000.00 ₹9,250,544.68 15.18 Analysis Let’s look at each investor’s journey. Mr. A: By March 3, 2015, Mr. A had invested ₹330,000. His investment value was ₹380,676.25, with an XIRR of 40.15%. However, he stopped investing at this point. By February 28, 2025, his final investment value was ₹1,180,770.67, with an XIRR of 13.05%. Mr. B: Like Mr. A, Mr. B’s investment by March 3, 2015, was ₹330,000, with a value of ₹380,676.25 and an XIRR of 40.15%. By April 4, 2016, after two years, his invested amount was ₹720,000, and his investment value was ₹722,348.10, with an XIRR of only 0.34%. He considered stopping then. However, by February 28, 2025, his investment value was ₹2,514,251.72, with an XIRR of 13.50%. Mr. C: Mr. C also started with the same figures as Mr. A and B, but he continued investing. By April 4, 2016, he was in the same position as Mr. B, with an invested amount of ₹720,000, a value of ₹722,348.10, and an XIRR of 0.34%. However, by February 28, 2025, with a total invested amount of ₹3,900,000, his investment value was ₹9,250,544.68, with an XIRR of 15.18%. Detailed Observations: Mr. A achieved a high initial XIRR but missed substantial long-term growth by stopping his SIP. If he had withdrawn his money at the 40.15% XIRR, he would have only made roughly 50,000 rupees. Mr. B faced a challenging period with minimal returns after two years, nearly halting his SIP. However, by staying invested, he achieved a respectable long-term return. Mr. C demonstrated the power of consistent investing, achieving the highest returns and wealth accumulation. He remained invested through market fluctuations. Key Insights and Takeaways from the Data: Long-Term Growth Wins: Mr. C’s results highlight the benefits of staying invested. Avoid Emotional Decisions: Mr. A and Mr. B’s experiences show the dangers of reacting to short-term market changes. The Power of Averaging: Market corrections allow for buying more units at lower prices. Wealth Creation is a Marathon: Longer investment periods yield better results. Navigating the Current Correction: A Practical, Data-Informed Approach In light of the current market correction, I urge you to adopt a proactive and disciplined approach, informed by the data we’ve reviewed. Portfolio Review: Ensure your asset allocation aligns with your risk tolerance and long-term goals. Continue Your SIP: Maintain your regular investments to capitalise on rupee-cost averaging. Resist Market Timing: As the data shows, consistent investing outperforms attempts to time the market. Stay Informed, Not Overwhelmed: Filter out market noise and focus on your long-term strategy. Consult Your Advisor: Let’s discuss your concerns and ensure your portfolio remains aligned with your evolving needs. The Indispensable Role of a Trusted Advisor As your advisor, my primary responsibility is to guide you through market cycles, providing data-driven insights and emotional support. I understand the challenges of investing, and I’m here to help you make informed decisions that align with your financial goals. Let’s schedule a time to discuss your specific concerns and refine your plan. By working together, we can navigate this market correction and ensure your portfolio remains aligned with your long-term goals. Please
Fund Name Year Of inception Fund rating ( Crisil rated ) Portfolio Size ( In Cr ) Expense ratio Exit Load JM flexi cap fund 2008 5 star 5,012 1.81% <30 days 1% ; >30 days 0% HDFC Flexi cap 1995 4 star 66,344 1.42% <1 year 1% ; >1 year 0% Franklin India flexi cap fund 1994 4 star 17,947 1.70% 1.00% – 0-1 years 0.00% – >1 years Motilal Oswal Flexi Cap fund 2014 5 Star 13,162 1.72% 1.00% – 0-1 years 0.00% – >1 years Parag Parikh flexi cap fund 2013 4 Star 87,539 1.33% 2.00% – 0-365 days 1.00% – 365-730 days 0.00% – >730 days Kotak Flexi Cap 2009 2 star 50,426 1.47% 1.00% – 0-1 years 0.00% – >1 years DSP Flexi Cap 2007 3 Star 11,569 1.72% 1.00% – 0-12 months 0.00% – >12 months ABSL Flexi Cap fund 1998 3 Star 22,174 1.68% 1.00% – 0-90 days 0.00% – >90 days PGIM India flexi cap fund 2015 1 star 6,354 1.78% 0.50% – 0-90 days 0.00% – >90 days Quant Flexi cap fund 2008 – 7,185 1.80% 1.00% – 0-15 days 0.00% – >15 days Invesco India Flexi Cap 2022 – 2,576 1.96% 1.00% – 0-1 years 0.00% – >1 years JM flexi cap fund : The fund was launched in the year 2008, Currently CRISIL rated 5 , The fund has an expense ratio of 1.81% as the current fund size is very low. The exit load of the fund is 1% for less 30 days. HDFC Flexi cap : This is one of the oldest funds in the category launched in 1995, So a long history for the fund. Currently CRISIL is rated 4 Star. The fund enjoy’s one of the highest portfolio size of 66,344 cr , with a low expense ratio of 1.42%. Exit load is 1% for redemption less than 1 year. Franklin India flexi cap fund : This is the oldest fund in the category launched in 1994, Crisil rated 4 star. Due lack of distribution and loss of reputation during the debt crisis the fund size is low 17,947 cr , expense ratio is 1.70%. Exit load is 1% for redemption less than 1 year. Motilal Oswal Flexi Cap fund : The fund was launched in 2014, it is rated by Crisil as 5 star. The fund has a fund size of 13,162 cr with expense ratio of 1.72%. Exit load of the fund is 1% for less than 1 year. Parag Parikh flexi cap fund The fund was launched in 2013, Currently CRISIL rated as 4 star, has the highest AUM in the category of 87,539 cr, the lowest expense ratio of 1.33%. The fund has exit load 2% for redemption before 1 year and 1% for redemption before 365-730 days. Kotak Flexi Cap The fund was launched in the year 2009, currently CRISIL rated as 2 star. It has AUM of 50,426 Cr, 3rd largest AUM in the category. Low expense ratio of 1.47% . 1% for redemption before 1 year. DSP Flexi Cap The fund was launched in the year 2007, Currently CRISIL rated 3 star. The current AUM is 11,569 Cr, with expense ratio of 1.72%. 1% for redemption before 1 year. ABSL Flexi Cap fund Another fund with a long history launched in 1998, Currently rated 3 star. The portfolio size of 22,174 cr, expense ratio is 1.68% . Exit load of the fund is 1% for 90 days. PGIM India flexi cap fund The fund was launched in 2015, currently rated as 1 star. The fund has a small fund size of 6,354 cr. Expense ratio of 1.78%.Exit load 0.5% for the 90 days. Quant Flexi cap fund The fund was launched in 2008 , currently not rated by CRISIL. The fund has AUM Of 7,185 Cr. Expense ratio of 1.80%. Exit load for the fund is 1% before 15 days of investment. Invesco India Flexi Cap The fund is a recent addition to the category, launched in the year 2022. Currently not rated by CRISIL . The fund size is small of 1,985 cr. Expense ratio of 1.96%. Exit load for the fund is 1% before 1 year of redemption. Trailing Returns : Scheme 1 Year 2 Year 3 Year 5 Year 7 Year 10 Year 15 Year JM Flexi Cap Fund (G) 18.21 34.2 23.28 22.28 18.09 16.14 13.99 HDFC Flexi Cap Fund Reg (G) 18.52 26.74 21.59 22.61 16.12 14.45 15.26 Franklin India Flexi Cap Fund (G) 14.92 25.2 16.36 20.78 14.77 13.48 15.29 Motilal Oswal Flexi Cap Fund Reg (G) 27.66 34.12 19.31 16.06 11.74 13.59 – Parag Parikh Flexi Cap Fund Reg (G) 18.18 26.84 17.58 23.73 19.36 17.55 – Kotak Flexi Cap Fund Reg (G) 13.43 19.55 13.36 15.12 13 12.74 14.71 DSP Flexi Cap Fund Reg (G) 15.02 23.46 13.59 16.55 14.47 13.13 13.94 Aditya Birla SL Flexi Cap Fund Reg (G) 13.65 21.33 12.94 16.02 12.68 13.03 13.91 PGIM India Flexi Cap Fund (G) 13.49 17.84 8.58 18.85 14.43 – – Quant Flexi Cap Fund (G) -1.29 24.25 15.68 30.19 19.32 18.05 12.28 Invesco India Flexi Cap Fund Reg (G) 21.62 29.83 – – – – – 1 year trailing 1st quartile : 21-28% : Motilal Oswal Flexi Cap Fund Reg (G), Invesco India Flexi Cap Fund Reg (G) 2rd quartile : 14-21% : JM Flexi Cap Fund (G), HDFC Flexi Cap Fund Reg (G), Franklin India Flexi Cap Fund (G), Parag Parikh Flexi Cap Fund Reg (G), DSP Flexi Cap Fund Reg (G) 3rd quartile : 7- 14% : Kotak Flexi Cap Fund Reg (G), Aditya Birla SL Flexi Cap Fund Reg (G), PGIM India Flexi Cap Fund (G) 4th quartile : <0-7 % : Quant Flexi Cap Fund (G) 3 years trailing return 1st quartile : 19.75-24% : JM Flexi Cap Fund (G), HDFC Flexi Cap Fund Reg (G) 2rd quartile : 15.5- 19.75% : Franklin India Flexi Cap Fund (G), Motilal Oswal Flexi Cap Fund Reg