A look at flexi-cap funds

Feb 15, 2018
Our analysts looked at a dozen flexi-cap funds over the past six months. Here is their verdict.
 

Aditya Birla Sun Life Dividend Yield Plus

  • FUND MANAGER: Satyabrata Mohanty
  • INVESTMENT STYLE: Large Blend
  • INVESTMENT PROCESS: The manager invests in growth stocks that meet the dividend yield threshold. The focus is on high-dividend paying stocks that generate free cash flow and a high ROIC.
  • STAR RATING: 3 stars

Kavitha Krishnan analysed this fund in January 2018 and assigned the fund a NEUTRAL rating.

Read the brief analyst note here.

Aditya Birla Sun Life Equity

  • FUND MANAGER: Anil Shah
  • INVESTMENT STYLE: Large Growth
  • INVESTMENT PROCESS: The manager plies a top-down approach, seeking reasonably valued sectors offering good growth prospects. He has been able to execute this strategy with finesse so far.
  • STAR RATING: 4 stars

Kavitha Krishnan analysed this fund in January 2018 and assigned the fund a BRONZE rating.

Read the brief analyst note here.

Kotak Opportunities

  • FUND MANAGER: Harsha Upadhyaya
  • INVESTMENT STYLE: Large Growth
  • INVESTMENT PROCESS: The manager uses absolute and relative valuation measures to pick stocks while balancing risks. A buy-and-hold approach is followed with a focus on limiting downside risks.
  • STAR RATING: 3 stars

Kavitha Krishnan analysed this fund in January 2018 and assigned the fund a BRONZE rating.

Read the brief analyst note here.

DSP BlackRock Equity

  • FUND MANAGER: Atul Bhole
  • INVESTMENT STYLE: Large Growth
  • INVESTMENT PROCESS: A growth-oriented investment approach is generally followed and large-cap stocks dominate the portfolio.
  • STAR RATING: 3 stars

Himanshu Srivastava analysed this fund in December 2017 and assigned the fund a NEUTRAL rating.

Read the brief analyst note here.

DSP BlackRock Opportunities

  • FUND MANAGER: Rohit Singhania
  • INVESTMENT STYLE: Large Growth
  • INVESTMENT PROCESS: The manager adopts an unconstrained and unbiased approach while constructing the portfolio. A growth-oriented bottom-up strategy is at play.
  • STAR RATING: 3 stars

Himanshu Srivastava analysed this fund in December 2017 and assigned the fund a BRONZE rating.

Read the brief analyst note here.

Franklin India Prima Plus

  • FUND MANAGER: Anand Radhakrishnan
  • INVESTMENT STYLE: Large Growth
  • INVESTMENT PROCESS: A research-driven investment approach with a focus on reasonably valued quality stocks. The portfolio is large-cap focused with a bias for quality growth stocks.
  • STAR RATING: 4 stars

Himanshu Srivastava analysed this fund in December 2017 and assigned the fund a GOLD rating.

Read the brief analyst note here.

ICICI Prudential Dynamic

  • FUND MANAGER: Sankaran Naren
  • INVESTMENT STYLE: Large Blend
  • INVESTMENT PROCESS: The manager made his mark leveraging contrarian bets. Stock selection and cash allocation have been the primary contributors to performance.
  • STAR RATING: 4 stars

Nehal Meshram analysed this fund in November 2017 and assigned the fund a GOLD rating.

Read the brief analyst note here.

Franklin India High Growth Companies

  • FUND MANAGER: Roshi Jain
  • INVESTMENT STYLE: Large Growth
  • INVESTMENT PROCESS: A fluid and aggressive investment style at play. A research-driven investment approach with a focus on high-growth stocks at reasonable valuation.
  • STAR RATING: 3 stars

Himanshu Srivastava analysed this fund in November 2017 and assigned the fund a SILVER rating.

Read the brief analyst note here.

ICICI Prudential Value Discovery

  • FUND MANAGER: Mrinal Singh
  • INVESTMENT STYLE: Large Growth
  • INVESTMENT PROCESS: The manager combines absolute and relative valuation parameters to scout for attractively valued stocks. The exposure to large-cap stocks continues to rise.
  • STAR RATING: 4 stars

Himanshu Srivastava analysed this fund in October 2017 and assigned the fund a SILVER rating.

Read the brief analyst note here.

SBI Contra

  • FUND MANAGER: Srinivasan
  • INVESTMENT STYLE: Large Growth
  • INVESTMENT PROCESS: A large-cap strategy high-conviction strategy that carries a slight contrarian bias. The fund invests in growth stocks with a high intrinsic value and carries a slight contrarian bias.
  • STAR RATING: 2 stars

Kavitha Krishnan analysed this fund in October 2017 and assigned the fund a NEUTRAL rating.

Read the brief analyst note here.

SBI Magnum Multiplier Fund

  • FUND MANAGER: Saurabh Pant
  • INVESTMENT STYLE: Large Growth
  • INVESTMENT PROCESS: The manager likes to be flexible with his allocation to large-, mid-, and small-cap stocks.
  • STAR RATING: 3 stars

Himanshu Srivastava analysed the fund in September 2017 and assigned the fund a NEUTRAL rating.

Read the brief analyst note here.

Reliance Equity Opportunities

  • FUND MANAGER: Sailesh Raj Bhan
  • INVESTMENT STYLE: The portfolio is positioned to benefit from a turnaround in the domestic economy. The fund’s free-flowing investment process encompassing multiple aspects is robust.
  • INVESTMENT PROCESS: Large Growth
  • STAR RATING: 3 stars

Himanshu Srivastava analysed this fund in August 2017 and assigned the fund a SILVER rating.

Read the brief analyst note here.

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