Flexi Cap Mutual Funds Lost Over 10% in 9 Months: Worst Performing Schemes

Flexi cap mutual funds have faced significant challenges during the 9-month period, with several schemes recording double-digit losses. These funds, designed to provide flexibility across market capitalisations, have struggled amid market volatility and sector-specific headwinds.

2 Flexi Cap Funds Lost Over 10% in 9 Months

Among the 275 equity funds analysed, 3 flexi cap schemes recorded losses exceeding 10% during the 9-month period. Samco Flexi Cap Fund emerged as the worst performer with a significant loss of 12.59%, making it the most impacted scheme in this category.

Shriram Flexi Cap Fund followed with a substantial decline of 10.02%. 

Additional Flexi Cap Schemes Under Pressure

Shriram ELSS Tax Saver Fund, though technically an ELSS scheme, recorded losses of 9.39%. Several other flexi cap funds also recorded significant negative returns, though below 10%. NJ Flexi Cap Fund declined by 7.27%, whilst JM Flexicap Fund posted losses of 7.23%. Quant Flexi Cap Fund rounded out the underperforming flexi cap schemes with a decline of 5.05%.

These losses occurred despite flexi cap funds having the flexibility to invest across large, mid, and small cap stocks based on market opportunities.

Read More: Why Are Mutual Funds Suddenly Pulling Back from Private Banks?!

Market Context for Flexi Cap Performance

Out of 275 equity funds examined during the period, 123 funds delivered negative returns whilst 150 funds managed positive performance. The flexi cap category was particularly affected, with multiple schemes appearing among the worst performers.

This performance contrasts sharply with some standout performers like Motilal Oswal Multi Cap Fund, which gained 14.05%, and Parag Parikh Flexi Cap Fund, which managed a positive return of 5.37% despite market challenges.

Fund House Impact

Samco and Shriram fund houses were notably affected, with both recording multiple schemes in the poor performance category. Quant Mutual Fund also faced challenges across its equity offerings, though its flexi cap fund was among the least affected schemes from the house.

Conclusion

The 9-month period proved challenging for flexi cap mutual funds, with 3 schemes losing over 10%. Samco Flexi Cap Fund's 12.59% decline topped the list of worst performers, followed by Shriram funds. These results underscore the importance of careful fund selection and long-term investment horizons in equity markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.