What are the top performing Flexi Cap funds?

Based on 1-year returns, the top performing Flexi Cap funds are SBI Focused Fund - Direct Plan with 13.30% return, Quant Flexi Cap Fund - Direct Plan with 11.16% return, and ITI Focused Fund - Direct Plan with 10.61% return. The category average 1-year return is 0.20%.

Which Flexi Cap funds have given the best returns over 3 years?

Over a 3-year period, the best performing Flexi Cap funds are SBI Focused Fund - Direct Plan with a 24.27% CAGR, Quant Flexi Cap Fund - Direct Plan with 22.37% CAGR, and ITI Focused Fund - Direct Plan with 21.72% CAGR. The category average 3-year return stands at 14.32% CAGR.

Which Flexi Cap funds have given the best returns over 5 years?

Over a 5-year period, the top Flexi Cap funds are SBI Focused Fund - Direct Plan with a 22.56% CAGR, Quant Flexi Cap Fund - Direct Plan with 19.39% CAGR, and ITI Focused Fund - Direct Plan with 18.33% CAGR. The category average 5-year return is 12.85% CAGR.

Which are the best Flexi Cap funds for SIP investment?

Based on average 5-year rolling returns, the best Flexi Cap funds for SIP are Quant Flexi Cap Fund - Direct Plan with 5-year average rolling return of 21.99%, HDFC Retirement Savings Fund - Equity Plan - Direct Plan with 20.77%, and Parag Parikh Flexi Cap Fund - Direct Plan with 19.72%. You can start a SIP in Flexi Cap funds with as little as ₹99 per month.

What are the largest Flexi Cap mutual funds by assets?

The largest Flexi Cap funds by Assets Under Management (AUM) are Parag Parikh Flexi Cap Fund - Direct Plan with ₹ 1,40,949.00 crore, HDFC Flexi Cap Fund - Direct Plan with ₹ 1,00,479.00 crore, and Kotak Flexicap Fund - Direct Plan with ₹ 54,838.60 crore. Together, there are 120 Flexi Cap funds available in India.

What is the minimum amount to invest in Flexi Cap funds?

You can start investing in Flexi Cap funds with a minimum SIP of ₹99 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Flexi Cap fund returns taxed?

Gains from Flexi Cap funds held for less than 12 months are taxed at 20% (Short-Term Capital Gains). Gains on units held for 12 months or more are taxed at 12.5% (Long-Term Capital Gains), with ₹1.25 lakh per year being exempt per financial year. Dividends (IDCW) are taxed at your applicable income tax slab rate.

Which Flexi Cap funds have the lowest expense ratio?

Among Flexi Cap funds, ICICI Prudential BSE 500 ETF FOF - Direct Plan has the lowest expense ratio at 0.07% (Direct Plan), followed by Motilal Oswal Diversified Equity Flexicap Passive FoF - Direct Plan at 0.07%. Lower expense ratios directly improve your net returns over the long term.

How many Flexi Cap mutual funds are available in India?

There are currently 120 Flexi Cap mutual funds available in India across different fund houses. You can compare all 120 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

mutual funds category

Flexi Cap

Flexi Cap Funds

Flexicap equity mutual funds invest in stocks with different market caps. They do not have any restrictions related to market cap as well as percentage allocation of funds. So, they have higher flexibility in the selection of stocks. The SEBI has defined the first 100 companies by market cap as large-cap companies, the next 101 to 250 companies by market cap as mid-cap companies, and companies after that as small-cap companies.

Total Schemes

120

No. of schemes

Total AUM

₹ 7.65Lakh Cr

As on latest

Category Return (5Y)

12.85 %

CAGR

Benchmark

12.29%

NIFTY 500 TRI

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Flexi Cap	-0.28 %	-4.75 %	0.20 %	14.32 %	12.85 %	14.03 %	-3.87 %
Benchmark	-0.98 %	-5.95 %	-0.83 %	13.55 %	12.29 %	13.90 %	-5.75 %

Top Flexi Cap Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
Parag Parikh Flexi Cap Fund - Direct PlanNAV: ₹90.06	1,40,949.00 Cr	0.16%	15.57%	15.56%	0.62%
HDFC Flexi Cap Fund - Direct PlanNAV: ₹2,116.96	1,00,479.00 Cr	-0.41%	17.99%	17.86%	0.68%
Kotak Flexicap Fund - Direct PlanNAV: ₹93.87	54,838.60 Cr	0.12%	14.50%	12.80%	0.59%
SBI Focused Fund - Direct PlanNAV: ₹436.64	46,041.90 Cr	13.30%	18.19%	14.85%	0.76%
HDFC Focused Fund - Direct PlanNAV: ₹250.21	26,182.20 Cr	-1.98%	17.58%	19.39%	0.72%
Aditya Birla Sun Life Flexi Cap Fund - Direct PlanNAV: ₹2,058.04	25,631.50 Cr	4.70%	16.91%	13.47%	0.85%
SBI Flexicap Fund - Direct PlanNAV: ₹118.55	22,402.70 Cr	0.43%	10.37%	10.29%	0.83%
UTI Flexi Cap Fund - Direct PlanNAV: ₹316.65	22,167.60 Cr	-6.85%	7.63%	6.44%	1.11%
ICICI Prudential Flexicap Fund - Direct PlanNAV: ₹19.70	20,936.10 Cr	3.02%	16.70%	-	0.75%
Franklin India Flexi Cap Fund - Direct PlanNAV: ₹1,721.09	19,049.30 Cr	-4.52%	14.99%	14.23%	1.30%
ICICI Prudential Focused Equity Fund - Direct PlanNAV: ₹102.66	16,008.90 Cr	0.12%	19.20%	17.17%	0.61%
Canara Robeco Flexi Cap Fund - Direct PlanNAV: ₹367.97	13,082.70 Cr	-1.14%	12.96%	11.99%	0.83%
Motilal Oswal Flexi Cap Fund - Direct PlanNAV: ₹62.93	12,770.10 Cr	-5.19%	18.86%	12.62%	11.30%
Axis Flexi Cap Fund - Direct PlanNAV: ₹28.55	12,545.60 Cr	-0.83%	13.23%	10.51%	0.75%
DSP Flexi Cap Fund - Direct PlanNAV: ₹109.89	11,769.10 Cr	-2.76%	14.06%	11.94%	0.89%

About Flexi Cap Funds

What is it?

Objective

The objective of flexicap funds is to generate maximum returns by diversifying their investments across different market caps.

Suitability and opinion

Flexicap funds are suitable for investors with moderate to high risk appetites. We believe that this category is the best option if you want to take exposure to Indian equity markets using mutual funds. Here, there are no rules on stock selection as well as allocation. So the fund managers have complete freedom in managing the fund. This category can be ideal for you if you have a time horizon of at least 3 years. Investors looking to create long-term wealth by investing in equity should consider these funds.

Flexi Cap vs Other Categories

5Y CAGR Return Comparison

13.21%

13.17%

12.85%

12.07%

11.23%

Thematic-Consumption

ELSS

Flexi Cap

Sectoral-Banking

Large Cap

Key Insights

Flexi Cap delivered 12.85% CAGR over the last 5 years.

It ranks #19 out of 24 categories based on 5Y performance.

Below the category average return of 15.13%.

18 categories outperform it, while 5 categories have lower returns.

Top performer: Thematic-PSU (24.47%).

Lowest performer: Sectoral-Technology (8.85%).

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

Parag Parikh Flexi Cap Fund - Direct Plan

Fund Performance: Parag Parikh Flexi Cap Fund - Direct Plan has given 15.57% annualized returns in the past three years and 15.56% in the last 5 years. The Parag Parikh Flexi Cap Fund - Direct Plan comes under the Equity category of PPFAS Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Parag Parikh Flexi Cap Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,40,949.00Cr

1Y Returns

0.16%

Expense Ratio

0.62%

HDFC Flexi Cap Fund - Direct Plan

Fund Performance: HDFC Flexi Cap Fund - Direct Plan has given 17.99% annualized returns in the past three years and 17.86% in the last 5 years. The HDFC Flexi Cap Fund - Direct Plan comes under the Equity category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Flexi Cap Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 1,00,479.00Cr

1Y Returns

-0.41%

Expense Ratio

0.68%

Kotak Flexicap Fund - Direct Plan

Fund Performance: Kotak Flexicap Fund - Direct Plan has given 14.50% annualized returns in the past three years and 12.80% in the last 5 years. The Kotak Flexicap Fund - Direct Plan comes under the Equity category of Kotak Mahindra Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Kotak Flexicap Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 54,838.60Cr

1Y Returns

0.12%

Expense Ratio

0.59%

SBI Focused Fund - Direct Plan

Fund Performance: SBI Focused Fund - Direct Plan has given 18.19% annualized returns in the past three years and 14.85% in the last 5 years. The SBI Focused Fund - Direct Plan comes under the Equity category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Focused Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 46,041.90Cr

1Y Returns

13.30%

Expense Ratio

0.76%

HDFC Focused Fund - Direct Plan

Fund Performance: HDFC Focused Fund - Direct Plan has given 17.58% annualized returns in the past three years and 19.39% in the last 5 years. The HDFC Focused Fund - Direct Plan comes under the Equity category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Focused Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 26,182.20Cr

1Y Returns

-1.98%

Expense Ratio

0.72%

Aditya Birla Sun Life Flexi Cap Fund - Direct Plan

Fund Performance: Aditya Birla Sun Life Flexi Cap Fund - Direct Plan has given 16.91% annualized returns in the past three years and 13.47% in the last 5 years. The Aditya Birla Sun Life Flexi Cap Fund - Direct Plan comes under the Equity category of Aditya Birla Sun Life Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Flexi Cap Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 25,631.50Cr

1Y Returns

4.70%

Expense Ratio

0.85%

SBI Flexicap Fund - Direct Plan

Fund Performance: SBI Flexicap Fund - Direct Plan has given 10.37% annualized returns in the past three years and 10.29% in the last 5 years. The SBI Flexicap Fund - Direct Plan comes under the Equity category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Flexicap Fund - Direct Plan via lump sum is ₹ 1,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 22,402.70Cr

1Y Returns

0.43%

Expense Ratio

0.83%

UTI Flexi Cap Fund - Direct Plan

Fund Performance: UTI Flexi Cap Fund - Direct Plan has given 7.63% annualized returns in the past three years and 6.44% in the last 5 years. The UTI Flexi Cap Fund - Direct Plan comes under the Equity category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI Flexi Cap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 22,167.60Cr

1Y Returns

-6.85%

Expense Ratio

1.11%

ICICI Prudential Flexicap Fund - Direct Plan

Fund Performance: ICICI Prudential Flexicap Fund - Direct Plan has given 16.70% annualized returns in the past three years. The ICICI Prudential Flexicap Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Flexicap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 20,936.10Cr

1Y Returns

3.02%

Expense Ratio

0.75%

Franklin India Flexi Cap Fund - Direct Plan

Fund Performance: Franklin India Flexi Cap Fund - Direct Plan has given 14.99% annualized returns in the past three years and 14.23% in the last 5 years. The Franklin India Flexi Cap Fund - Direct Plan comes under the Equity category of Franklin Templeton Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Franklin India Flexi Cap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 19,049.30Cr

1Y Returns

-4.52%

Expense Ratio

1.30%

ICICI Prudential Focused Equity Fund - Direct Plan

Fund Performance: ICICI Prudential Focused Equity Fund - Direct Plan has given 19.20% annualized returns in the past three years and 17.17% in the last 5 years. The ICICI Prudential Focused Equity Fund - Direct Plan comes under the Equity category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Focused Equity Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 16,008.90Cr

1Y Returns

0.12%

Expense Ratio

0.61%

Canara Robeco Flexi Cap Fund - Direct Plan

Fund Performance: Canara Robeco Flexi Cap Fund - Direct Plan has given 12.96% annualized returns in the past three years and 11.99% in the last 5 years. The Canara Robeco Flexi Cap Fund - Direct Plan comes under the Equity category of Canara Robeco Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Canara Robeco Flexi Cap Fund - Direct Plan via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 13,082.70Cr

1Y Returns

-1.14%

Expense Ratio

0.83%

Motilal Oswal Flexi Cap Fund - Direct Plan

Fund Performance: Motilal Oswal Flexi Cap Fund - Direct Plan has given 18.86% annualized returns in the past three years and 12.62% in the last 5 years. The Motilal Oswal Flexi Cap Fund - Direct Plan comes under the Equity category of Motilal Oswal Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Motilal Oswal Flexi Cap Fund - Direct Plan via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 12,770.10Cr

1Y Returns

-5.19%

Expense Ratio

11.30%

Axis Flexi Cap Fund - Direct Plan

Fund Performance: Axis Flexi Cap Fund - Direct Plan has given 13.23% annualized returns in the past three years and 10.51% in the last 5 years. The Axis Flexi Cap Fund - Direct Plan comes under the Equity category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Flexi Cap Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 12,545.60Cr

1Y Returns

-0.83%

Expense Ratio

0.75%

DSP Flexi Cap Fund - Direct Plan

Fund Performance: DSP Flexi Cap Fund - Direct Plan has given 14.06% annualized returns in the past three years and 11.94% in the last 5 years. The DSP Flexi Cap Fund - Direct Plan comes under the Equity category of DSP Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in DSP Flexi Cap Fund - Direct Plan via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 11,769.10Cr

1Y Returns

-2.76%

Expense Ratio

0.89%