Unifi Mutual Fund introduces Unifi Flexi Cap Fund, new fund offer closes on May 30
Unifi Mutual Fund has introduced Unifi Flexi Cap Fund. The new fund offer (NFO) closes on May 30.
The company in a statement said that this open-ended equity scheme has the flexibility to invest across large-cap, mid-cap, and small-cap stocks.
'The Flexicap fund is our singular offering in the equity segment and enables us to stay focused on achieving long-term capital appreciation. Our portfolio construction approach would be to typically have 40 to 60 positions across five or more sectors offering growth tailwinds and reasonable valuations.,' said Saravanan V N, CIO, Unifi Mutual Fund.
Unifi Mutual Fund launched their first fund – Unifi Dynamic Asset Allocation Fund – two months ago and it already has AUM of ₹600 crore. The Flexicap Fund is the second of three funds that they intend to launch in their initial phase.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
11-06-2025
- Time of India
Best flexi cap mutual funds to invest in June 2025
Live Events Best flexi cap schemes to invest in June 2025 Parag Parikh Flexi Cap Fund HDFC Flexi Cap Fund (new addition) UTI Flexi Cap Fund PGIM India Flexi Cap Fund Aditya Birla Sun Life Flexi Cap Fund SBI Flexi Cap Fund Canara Robeco Flexi Cap Fund Many mutual fund investors, especially the new and inexperienced investors, are extremely concerned about the current volatility and uncertainties in the market. They don't know whether to bet on the large caps or mid cap or some others. Also, they wonder how they will know when to switch from one category to another when the market mood changes. Are you in the same boat? Here is an easy way out. You can consider investing in flexi cap mutual funds Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the market. Flexi cap schemes are typically recommended to moderate investors to create wealth over a long period of time. Ideally, one should invest in these schemes with an investment horizon of five to seven said earlier, these schemes have the freedom to invest anywhere depending on the view of the fund manager. For example, he or she might invest more in large cap stocks. Or in a bull market she might invest more in mid cap or small cap stocks. Investors should be extremely careful about this aspect. Investors should make sure that they are choosing a scheme that is in line with their risk appetite. For example, some flexi cap schemes may be more conservative than others. It is for you to identify the one that suits your you are planning to invest in flexi cap funds, here are our recommendations. We will closely watch the performance of these schemes and update you about it every Birla Sun Life Flexi Cap Fund has been in the second quartile in the last three months. The scheme had been in the third quartile earlier. UTI Flexi Cap Fund has been in the fourth quartile for 25 months. Canara Robeco Flexi Cap Fund has been in the third quartile for 24 months. PGIM India Flexi Cap Fund has been in the fourth quartile for 16 months. HDFC Flexi Cap Fund has been in the first quartile in the last three months. Parag Parikh Flexi Cap Fund has been in the second quartile in the last month. The scheme had been in the first quartile earlier. has employed the following parameters for shortlisting the equity mutual fund daily for the last three Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H.i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to When H is less than 0.5, the series is said to be mean When H is greater than 0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the seriesWe have considered only the negative returns given by the mutual fund scheme for this measure.X = Returns below zeroY = Sum of all squares of XZ = Y/number of days taken for computing the ratioDownside risk = Square root of ZIt is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the returns generated by the MF Scheme =[Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate}For Equity funds, the threshold asset size is Rs 50 crore
Mint
04-06-2025
- Mint
Investing ₹1 lakh at the launch of this mutual fund would have grown to ₹1.5 crore. Check how
At the time of investing in a mutual fund scheme, it is common to evaluate the past returns of that scheme. This gives an idea of how the scheme has performed in the past, thus giving an indication of how it may perform in the future. Wealth advisors often point out that the longer you stay invested, the higher the return. This happens primarily on account of compounding. From Ben Graham to Warren Buffett, almost all experts have lauded the power of compounding. In fact, famous scientist Albert Einstein is believed to have said that compound interest is the eighth wonder of the world. This is because the income you earn in the first few years is added to the principal, and when the investment gives return in the later years, it accrues on the inflated sum (principal plus return). Therefore, when you stay invested for a long term, the returns you stand to earn are disproportionately higher than what you earn in the first few years. Here we handpick one mutual fund scheme – Franklin India Flexi Cap Fund – and evaluate its growth to find out how much a small investment of ₹ one lakh would have grown if an investor had remained invested since the launch of the scheme. This scheme was launched on Sept 29,1994 and earlier known as Franklin India Equity fund. The scheme's benchmark is Nifty500 and asset size is ₹ 18,224 crore. The key constituent stocks are HDFC Bank, ICICI Bank, Bharti Airtel, Axis Bank and L&T. Sector wise, the scheme has invested 27.70 percent in banks, 8.29 percent in telecom services, 5.11 percent in pharma and biotech and 4.20 percent in construction, shows Franklin Templeton's website. If someone had invested ₹ one lakh in Franklin India Flexi Cap Fund one year ago, the investment would have grown to ₹ 1,09,280 now by growing at 9.28 percent, shows the table below. Over a three-year period, the investment has given a return of 19.08 percent. In the past five-year period, the investment of ₹ one lakh would have grown to ₹ 3.35 lakh, thus reporting a growth of 27.40 per cent. And in a decade, the investment of ₹ one lakh would have grown to ₹ 3.69 lakh. Tenure Return (%) ₹ 1 lakh would have grown to 1 year 9.28 1,09,280 3 19.08 1,69,030 5 27.40 3,35,790 10 13.96 3,69,760 15 14.67 7,80,540 Since inception 18.00 1,58,38,310 And if someone had invested ₹ one lakh 15 years ago, the investment would have grown to ₹ 7.80 lakh. And if the investment were made at the time of scheme's launch (in Sept, 1994), the investment would have swelled to ₹ 1.58 crore by growing at a rate of 18 percent per annum, reveals the table above. Note: This story is for informational purposes only. Please speak to a SEBI-registered investment advisor before making any investment related decision. For all personal finance updates, visit here.
Time of India
03-06-2025
- Time of India
Top 10 mutual funds to invest in June 2025
Many new and relatively-inexperienced investors always look for top mutual funds to invest in . They ask their friends or colleagues or in some mutual fund forums for top or best schemes while starting their investment journey or while deciding to invest extra money. But most of them are not satisfied with the answers they get from the internet or friends due to different reasons. An online search would mostly take you to some websites with ready-made lists. Most often, the schemes may be shortlisted on the basis of their short-term performance. Sometimes, the schemes from a single category may dominate the list because that category happens to be the flavour of the season. Also Read | Volatile Markets and SIPs: What should mutual fund investors do? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Air conditioners without external unit. (click to see prices) Air Condition | Search Ads Search Now Undo Friends or colleagues may give you names of schemes they like or they are investing. Again, there is no guarantee the schemes are indeed suitable for you. Some people never proceed beyond collecting names of top funds because a lingering doubt about the veracity of the names always holds them back. No wonder, many investors keep visiting mutual fund forums for validation for years - even after they start investing. Live Events That is why ETMutualFunds decided to put out a list of top 10 mutual fund schemes. We have chosen two schemes from five different equity mutual fund categories - aggressive hybrid, large cap, mid cap, small cap and flexi cap schemes – which we believe should be enough for regular mutual fund investors. There are caveats: read till the end to ensure you are picking up the best scheme for you. Also Read | Smallcap mutual funds offer 8% average return in May, all equity mutual fund categories end with gains List of top 10 schemes: Canara Robeco Bluechip Equity Fund Mirae Asset Large Cap Fund Parag Parikh Flexi Cap Fund HDFC Flexi Cap Fund Axis Midcap Fund Kotak Emerging Equity Fund Axis Small Cap Fund SBI Small Cap Fund SBI Equity Hybrid Fund Mirae Asset Hybrid Equity Fund Here are some pointers you should keep in mind while investing in these schemes. First, find out about each category and whether it is suited to your investment objective and risk profile. Aggressive hybrid funds Aggressive hybrid schemes (or erstwhile balanced schemes or equity-oriented hybrid schemes) are ideal for newcomers to equity mutual funds. These schemes invest in a mix of equity (65-80%) and debt (20-35). Because of this hybrid portfolio they are considered relatively less volatile than pure equity schemes. Aggressive hybrid schemes are the best investment vehicle for very conservative equity investors looking to create long-term wealth without much volatility. Large cap funds Some equity investors want to play safe even while investing in stocks. Large cap schemes are meant for such individuals. These schemes invest in top 100 stocks and they are relatively safer than other pure equity mutual fund schemes. They are also relatively less volatile than mid cap and small cap schemes. In short, you should invest in large cap schemes if you are looking for modest returns with relative stability. Flexi cap funds A regular equity investor (one with a moderate risk appetite) looking to invest in the stock market need not look beyond flexi cap mutual funds (or diversified equity schemes). These schemes invest across market capitalisations and sectors, based on the view of the fund manager. A regular investor can benefit from the uptrend in any of the sectors, categories of stocks by investing in these schemes. Small cap, mid cap funds What about aggressive investors looking to pocket extra returns by taking extra risk? Well, they can bet on mid cap and small cap schemes. Mid cap schemes invest mostly in medium-sized companies and small cap funds invest in smaller companies in terms of market capitalisation. These schemes can be volatile, but they also have the potential to offer superior returns over a long period. You can invest in these mutual fund categories if you have a long-term investment horizon and an appetite for higher risk. Finally, any search starting with the word 'best' or 'top' is unlikely to offer you the best solution. You should always choose a scheme that matches your investment objective, horizon, and risk profile. If you do not understand the basic mutual fund concepts or are totally new to mutual funds and investing, you should always seek the help of a mutual fund advisor. If you are looking for our recommendations in various mutual fund category, see: Best mutual funds to invest Methodology for hybrid funds: 1. Mean rolling returns: Rolled daily for the last three years. 2. Consistency in the last three years: Hurst Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H. i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to forecast. ii) When H <0.5, the series is said to be mean reverting. iii) When H>0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the series 3. Downside risk: We have considered only the negative returns given by the mutual fund scheme for this measure. X = Returns below zero Y = Sum of all squares of X Z = Y/number of days taken for computing the ratio Downside risk = Square root of Z 4. Outperformance i) Equity portion: It is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the market. Average returns generated by the MF Scheme = [Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate} ii) Debt portion: Fund Return – Benchmark return. Rolling returns rolled daily is used for computing the return of the fund and the benchmark and subsequently the Active return of the fund. 5. Asset size: For Hybrid funds, the threshold asset size is Rs 50 crore Methodology for equity funds: ETMutualFunds has employed the following parameters for shortlisting the equity mutual fund schemes. 1. Mean rolling returns: Rolled daily for the last three years. 2. Consistency in the last three years: Hurst Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H. i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to forecast. ii) When H is less than 0.5, the series is said to be mean reverting. iii) When H is greater than 0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the series 3. Downside risk: We have considered only the negative returns given by the mutual fund scheme for this measure. X =Returns below zero Y = Sum of all squares of X Z = Y/number of days taken for computing the ratio Downside risk = Square root of Z 4. Outperformance: It is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the market. Average returns generated by the MF Scheme = [Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate} 5. Asset size: For Equity funds, the threshold asset size is Rs 50 crore.
