Setting a realistic financial goal is the first step towards successful investing for any investor. While looking for an investment option that can consistently reward you is important, it is equally important to understand the risk associated with it to aim for an optimal outcome in the long term. Mutual fund options can be explored for meeting financial goals ranging from short-term to long-term while choosing to invest from a wide range of products across the asset class.
Here is one mutual fund product category that investors can look for investing in meeting long-term wealth creation goals. Flexi-cap funds are open-ended equity funds investing at least 65% of total assets are invested in equity assets of companiesacross the different market capitalizations viz., large-cap, mid-cap, or small-cap funds. UTI Flexi Cap Fund is one of the oldest funds in the category (launched in 1992) and has a long-term track record of consistent performance. The Fund has a corpus of over Rs. 24,000 crores and trusted by over17 lakh investors (as of December 31, 2021). This offering from UTI Mutual Fund is suitable for any long-term investor looking for a fund that endeavors to invest in quality businesses having potential for creating economic value for investors.