As per SEBI regulations, a flexi cap fund is an equity-oriented mutual fund that invests a minimum of 65% in equity and equity related instruments. Apart from the minimum 65% criteria it does have any other condition with respect to asset allocation within the equity space. As per SEBI regulations, a flexi cap fund is an equity-oriented mutual fund that invests a minimum of 65% in equity and equity related instruments. Apart from the minimum 65% criteria it does have any other condition with respect to asset allocation within the equity space.

A flexi cap fund invests predominantly in stocks across sectors, industries and across large, mid and small caps. The fund manager has the flexibility to decide the inter-se allocation across market capitalisations.

These are stock categorisations based on market capitalisation. Market capitalisation of any company’s stock is its market price multiplied by the total number of shares outstanding in the market.
Large cap stocks are 1st -100th company in terms of full market capitalization. Mid cap stocks are the companies from 101-250th rank. All balance listings qualify as small cap stocks.

Flexi cap funds offer investors a diversified equity portfolio. It has the flexibility to invest in opportunities in mid and small cap space as and when they arise. It can also balance this out with more established large cap stocks in volatile times. All in all, offering the potential for long term capital growth.

With major investment in equities, flexi cap funds are considered to be high risk investments. However, its inherent flexibility allows manager to adjust the asset allocation in response to market changes so as to manage overall risk exposure of the fund.

For investors with a long-term investing time frame who are seeking capital growth. Furthermore, investors who want a diversified portfolio exposure with access to small and mid-caps with lower risk than their single cap counterpart funds.

An expense ratio of the fund is determined. This intends to cover fund management and other administrative costs of the fund. The expense ratio must be as per norms prescribed by SEBI.

A direct plan is where investors invest in units of the fund directly through the Aditya Birla Sun Life Mutual Fund. The expense ratio of the direct plan is thus lower.
A regular plan is one in which investors’ investments in the fund can be routed through a broker or distributor. The expense ratio of a regular plan is thus higher.

No, having a demat account is not necessary for investing in this fund.

Fresh Purchase (Incl. Switch-in): Minimum of Rs. 100/- and in multiples of Re. 1/- thereafter
Additional Purchase (Incl. Switch-in): Minimum of Rs. 100/- and in multiples of Re. 1/- thereafter
Repurchase for all Plans/Options: In Multiples of Rs. 1/- or 0.001 units.