Fund pick: Why UTI Flexi Cap Fund has consistent performance across periods

Systematic investment plan is a disciplined mode of investing in mutual funds, through which one can invest a certain amount at regular intervals

UTI Flexi Cap Fund, launched in May 1992, has featured in the top 30 percentile of the flexi-cap funds category of CRISIL Mutual Funds Ranking (CMFR) for 14 consecutive quarters through September 2021. The fund, managed by Ajay Tyagi since January 2016, has seen its month-end assets under management (AUM) grow to Rs 24,212 crore in October 2021, from Rs 8,345 crore in November 2018.

The investment objective of the fund is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies in a flexible manner across the market capitalisation spectrum.

Trailing returns

The fund has outperformed the