HDFC Flexi and Parag Parikh Flexi Cap among top 5 flexicap funds with highest risk-adjusted returns
1/6
What does risk adjusted return mean?
Sharpe ratio is a risk adjusted return measure. It measures the excess return over the risk free rate per unit of risk and is measured in terms of standard deviation. Here are top 5 flexicap funds with highest risk adjusted returns (Source: MF Screener).
2/6
HDFC Flexi Cap Fund
HDFC Flexi Cap Fund had a sharpe ratio of 0.87. In the last three years, the fund has offered a return of 18.06%.
3/6
Bank of India Flexi Cap Fund
Bank of India Flexi Cap Fund had a sharpe ratio of 0.85. In the last three years, the fund has offered a return of 21.86%.
Amazon Top Deals
POWERED BY
Crompton Ozone 75 Litres Desert Air Cooler for home | Large & Easy Clean Ice Chamber | 4-Way Air Deflection | High Density Honeycomb Pads | Everlast Pump | Auto Fill| 3 Year Brand Warranty
₹9,798Buy Now43%
OFF
LG 32 L Convection Microwave Oven (MC3286BRUM, Black, 360° Motorised Rotisserie for Bar-be-queing, 301 Auto Cook Menu, Stainless steel cavity, Indian Cuisine, Tandoor Se, Steam Clean & Diet Fry)
₹18,780Buy Now22%
OFF
4/6
Parag Parikh Flexi Cap Fund
Parag Parikh Flexi Cap Fund had a sharpe ratio of 0.85. In the last three years, the fund has offered a return of 15.06%.
5/6
ITI Flexi Cap Fund
ITI Flexi Cap Fund had a sharpe ratio of 0.83. In the last three years, the fund has offered a return of 20.52%.
6/6
Invesco India Flexi Cap Fund
Invesco India Flexi Cap Fund had a sharpe ratio of 0.80. In the last three years, the fund has offered a return of 20.19%.