Flexi-cap funds suited for core of long-term investment portfolios
Flexi-cap funds offer the flexibility for fund managers to pick and choose stocks across market capitalizations
The ability of flexi-cap funds to deliver alpha will depend on the fund manager’s ability to identify the right trends
The category of flexi-cap funds has seen a lot of action of late. ICICI Prudential Mutual Fund has garnered record inflow of ₹10,000 crore in its latest new fund offer (NFO) for a flexi-cap fund. Nippon India Flexi Cap Fund’s NFO will close for subscription on 9 August.