Flexi Cap funds in India
92 plans (46 Regular, 46 Direct), rated on their track record against the Nifty 500 total-return index and their peers. Data as of 5 Nov 2026.
The manager can move freely between large, mid and small companies. One good flexi cap fund can be the core of an equity portfolio; the risk is a manager whose style drifts with fashion. SEBI requires flexi cap funds to invest at least 65% in equities, across large, mid and small caps in any mix.
₹4.5 lakh
The difference, on ₹10 lakh invested three years ago, between the strongest flexi cap fund (18.1% a year) and the weakest (6.0% a year). Same category, same SEBI rules, same market. 20 of 36 funds beat the Nifty 500 total-return index over the same period.
Regular plans, to the latest NAV. Past returns, not a forecast.
Regular plans (46)
| Fund | Rating | 3Y return | 3Y vs index | Expense ratio | AUM |
|---|---|---|---|---|---|
| HDFC Flexi Cap FundHDFC Mutual Fund · 20.6 yrs | A+ | 16.6% | +4.6% | 1.35% | ₹1,10,925 cr |
| ICICI Prudential Flexi Cap fundICICI Prudential Mutual Fund · 5.3 yrs | A+ | 15.8% | +3.8% | 1.72% | ₹24,586 cr |
| Bank Of India Flexi Cap FundBank of India Mutual Fund · 6.3 yrs | A+ | 17.6% | +5.7% | 2.29% | ₹2,876 cr |
| HSBC Flexi Cap FundHSBC Mutual Fund · 20.6 yrs | A+ | 15.8% | +3.8% | 2.07% | ₹5,806 cr |
| Invesco India Flexi Cap FundInvesco Mutual Fund · 4.7 yrs | A | 16.9% | +4.9% | 2.09% | ₹5,529 cr |
| Aditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund · 20.6 yrs | A | 15.7% | +3.6% | 1.67% | ₹28,241 cr |
| Parag Parikh Flexi Cap FundPPFAS Mutual Fund · 13.4 yrs | A | 12.7% | +0.7% | 1.29% | ₹1,47,064 cr |
| Motilal Oswal Flexi Cap FundMotilal Oswal Mutual Fund · 12.5 yrs | A | 17.2% | +5.2% | 1.97% | ₹13,799 cr |
| 360 ONE Flexicap Fund360 ONE Mutual Fund · 3.3 yrs | A | 16.4% | +4.4% | 2.34% | ₹2,213 cr |
| ITI Flexi Cap FundITI Mutual Fund · 3.7 yrs | A | 18.1% | +6.1% | 2.33% | ₹1,526 cr |
| Edelweiss Flexi Cap FundEdelweiss Mutual Fund · 9.9 yrs | A | 14.1% | +2.1% | 2.15% | ₹3,616 cr |
| Bajaj Finserv Flexi Cap FundBajaj Finserv Mutual Fund · 3.2 yrs | B | 15.8% | +3.8% | 2.24% | ₹8,353 cr |
| JM Flexi Cap FundJM Financial Mutual Fund · 18.1 yrs | B | 13.3% | +1.3% | 2.27% | ₹5,204 cr |
| Quant Flexi Cap Fundquant Mutual Fund · 18.0 yrs | B | 15.1% | +3.1% | 2.10% | ₹7,340 cr |
| WhiteOak Capital Flexi Cap FundWhiteOak Capital Mutual Fund · 4.3 yrs | B | 13.9% | +1.9% | 2.04% | ₹9,275 cr |
| Franklin India Flexi Cap FundFranklin Templeton Mutual Fund · 20.6 yrs | B | 11.1% | -0.9% | 1.77% | ₹19,294 cr |
| Kotak Flexi Cap FundKotak Mahindra Mutual Fund · 17.1 yrs | B | 12.3% | +0.3% | 1.48% | ₹55,674 cr |
| Mirae Asset Flexi Cap FundMirae Asset Mutual Fund · 3.7 yrs | B | 12.7% | +0.7% | 2.09% | ₹4,423 cr |
| Axis Flexi Cap FundAxis Mutual Fund · 8.9 yrs | B | 13.9% | +1.8% | 1.83% | ₹13,588 cr |
| DSP Flexi Cap FundDSP Mutual Fund · 19.4 yrs | B | 11.5% | -0.5% | 1.86% | ₹12,313 cr |
| BANDHAN Flexi Cap FundBandhan Mutual Fund · 18.4 yrs | B | 11.8% | -0.2% | 2.19% | ₹7,472 cr |
| Taurus Flexi Cap FundTaurus Mutual Fund · 20.6 yrs | B | 12.8% | +0.8% | 2.72% | ₹373 cr |
| Canara Robeco Flexi Cap FundCanara Robeco Mutual Fund · 20.6 yrs | B | 12.2% | +0.2% | 1.83% | ₹13,466 cr |
| Baroda BNP Paribas Flexi Cap FundBaroda BNP Paribas Mutual Fund · 4.2 yrs | B | 11.6% | -0.4% | 2.46% | ₹1,250 cr |
| Union Flexi Cap FundUnion Mutual Fund · 15.4 yrs | B | 11.1% | -0.9% | 2.50% | ₹2,404 cr |
| Tata Flexi Cap FundTata Mutual Fund · 8.2 yrs | B | 9.4% | -2.6% | 2.11% | ₹3,656 cr |
| PGIM India Flexi Cap FundPGIM India Mutual Fund · 11.7 yrs | C | 10.9% | -1.1% | 2.09% | ₹5,867 cr |
| LIC MF Flexi Cap FundLIC Mutual Fund · 20.6 yrs | C | 10.8% | -1.2% | 2.88% | ₹1,086 cr |
| NJ Flexi Cap FundNJ Mutual Fund · 3.2 yrs | C | 8.2% | -3.8% | 2.27% | ₹2,660 cr |
| UTI - Flexi Cap Fund.UTI Mutual Fund · 20.6 yrs | C | 9.3% | -2.6% | 1.68% | ₹23,664 cr |
| Nippon India Flexi Cap FundNippon India Mutual Fund · 5.2 yrs | C | 9.5% | -2.5% | 1.83% | ₹9,656 cr |
| SBI Flexicap FundSBI Mutual Fund · 20.6 yrs | C | 8.8% | -3.2% | 2.04% | ₹22,863 cr |
| Navi Flexi Cap FundNavi Mutual Fund · 8.3 yrs | C | 10.7% | -1.3% | 2.56% | ₹292 cr |
| Sundaram Flexicap FundSundaram Mutual Fund · 4.2 yrs | C | 8.5% | -3.5% | 2.17% | ₹1,964 cr |
| Mahindra Manulife Flexi Cap FundMahindra Manulife Mutual Fund · 5.2 yrs | C | 9.2% | -2.8% | 2.44% | ₹1,570 cr |
| Shriram Flexi Cap FundShriram Mutual Fund · 8.1 yrs | C | 6.0% | -5.9% | 2.60% | ₹131 cr |
| Abakkus Flexi Cap FundAbakkus Mutual Fund · 0.8 yrs | – | – | – | 2.09% | ₹6,825 cr |
| AlphaGrep Flexi Cap FundAlphaGrep Mutual Fund · 0.2 yrs | – | – | – | 4.37% | ₹31 cr |
| Capitalmind Flexi Cap FundCapitalmind Mutual Fund · 1.2 yrs | – | – | – | 3.18% | ₹460 cr |
| Helios Flexi Cap FundHelios Mutual Fund · 3.0 yrs | – | – | – | 2.05% | ₹8,433 cr |
| JioBlackRock Flexi Cap FundJio BlackRock Mutual Fund · 0.2 yrs | – | – | – | 2.34% | ₹3,250 cr |
| Old Bridge Flexi Cap FundOld Bridge Mutual Fund · 0.7 yrs | – | – | – | 3.04% | ₹324 cr |
| Quantum Flexi Cap FundQuantum Mutual Fund · 0.2 yrs | – | – | – | 3.57% | ₹14 cr |
| TRUSTMF Flexi Cap FundTrust Mutual Fund · 2.5 yrs | – | – | – | 3.15% | ₹1,015 cr |
| The Wealth Company Flexi Cap FundThe Wealth Company Mutual Fund · 1.1 yrs | – | – | – | 3.90% | ₹247 cr |
| Unifi Flexi Cap FundUnifi Mutual Fund · 1.4 yrs | – | – | – | 2.69% | ₹231 cr |
Direct plans (46)
| Fund | Rating | 3Y return | 3Y vs index | Expense ratio | AUM |
|---|---|---|---|---|---|
| HDFC Flexi Cap FundHDFC Mutual Fund · 13.8 yrs | A+ | 17.4% | +5.4% | 0.75% | ₹1,10,925 cr |
| Bank Of India Flexi Cap FundBank of India Mutual Fund · 6.3 yrs | A+ | 19.4% | +7.3% | 0.91% | ₹2,876 cr |
| 360 ONE Flexicap Fund360 ONE Mutual Fund · 3.3 yrs | A+ | 18.3% | +6.3% | 0.89% | ₹2,213 cr |
| Invesco India Flexi Cap FundInvesco Mutual Fund · 4.7 yrs | A+ | 18.5% | +6.5% | 0.88% | ₹5,529 cr |
| ITI Flexi Cap FundITI Mutual Fund · 3.7 yrs | A | 20.0% | +8.0% | 0.90% | ₹1,526 cr |
| ICICI Prudential Flexi Cap fundICICI Prudential Mutual Fund · 5.3 yrs | A | 16.9% | +4.9% | 0.87% | ₹24,586 cr |
| Edelweiss Flexi Cap FundEdelweiss Mutual Fund · 9.9 yrs | A | 15.8% | +3.8% | 0.76% | ₹3,616 cr |
| Parag Parikh Flexi Cap FundPPFAS Mutual Fund · 13.4 yrs | A | 13.4% | +1.4% | 0.68% | ₹1,47,064 cr |
| Bajaj Finserv Flexi Cap FundBajaj Finserv Mutual Fund · 3.2 yrs | A | 17.4% | +5.4% | 1.02% | ₹8,353 cr |
| Aditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund · 13.8 yrs | A | 16.6% | +4.6% | 0.90% | ₹28,241 cr |
| HSBC Flexi Cap FundHSBC Mutual Fund · 13.8 yrs | A | 16.7% | +4.7% | 1.28% | ₹5,806 cr |
| WhiteOak Capital Flexi Cap FundWhiteOak Capital Mutual Fund · 4.3 yrs | B | 15.5% | +3.5% | 0.84% | ₹9,275 cr |
| Motilal Oswal Flexi Cap FundMotilal Oswal Mutual Fund · 12.5 yrs | B | 18.2% | +6.2% | 1.14% | ₹13,799 cr |
| JM Flexi Cap FundJM Financial Mutual Fund · 13.8 yrs | B | 14.8% | +2.8% | 1.06% | ₹5,204 cr |
| Mirae Asset Flexi Cap FundMirae Asset Mutual Fund · 3.7 yrs | B | 14.4% | +2.4% | 0.73% | ₹4,423 cr |
| Quant Flexi Cap Fundquant Mutual Fund · 13.8 yrs | B | 16.5% | +4.5% | 1.12% | ₹7,340 cr |
| Kotak Flexi Cap FundKotak Mahindra Mutual Fund · 13.8 yrs | B | 13.3% | +1.2% | 0.66% | ₹55,674 cr |
| Franklin India Flexi Cap FundFranklin Templeton Mutual Fund · 13.8 yrs | B | 11.9% | -0.1% | 0.98% | ₹19,294 cr |
| Canara Robeco Flexi Cap FundCanara Robeco Mutual Fund · 13.8 yrs | B | 13.5% | +1.5% | 0.71% | ₹13,466 cr |
| DSP Flexi Cap FundDSP Mutual Fund · 13.8 yrs | B | 12.6% | +0.6% | 0.86% | ₹12,313 cr |
| Baroda BNP Paribas Flexi Cap FundBaroda BNP Paribas Mutual Fund · 4.2 yrs | B | 13.0% | +1.0% | 1.30% | ₹1,250 cr |
| Axis Flexi Cap FundAxis Mutual Fund · 8.9 yrs | B | 15.0% | +3.0% | 0.84% | ₹13,588 cr |
| Navi Flexi Cap FundNavi Mutual Fund · 8.3 yrs | B | 12.7% | +0.7% | 0.69% | ₹292 cr |
| Union Flexi Cap FundUnion Mutual Fund · 13.8 yrs | B | 12.3% | +0.3% | 1.45% | ₹2,404 cr |
| BANDHAN Flexi Cap FundBandhan Mutual Fund · 13.8 yrs | B | 12.6% | +0.6% | 1.51% | ₹7,472 cr |
| Tata Flexi Cap FundTata Mutual Fund · 8.2 yrs | B | 10.8% | -1.2% | 0.88% | ₹3,656 cr |
| NJ Flexi Cap FundNJ Mutual Fund · 3.2 yrs | C | 9.9% | -2.1% | 0.88% | ₹2,660 cr |
| PGIM India Flexi Cap FundPGIM India Mutual Fund · 11.7 yrs | C | 12.4% | +0.4% | 0.83% | ₹5,867 cr |
| Nippon India Flexi Cap FundNippon India Mutual Fund · 5.2 yrs | C | 10.9% | -1.1% | 0.66% | ₹9,656 cr |
| Mahindra Manulife Flexi Cap FundMahindra Manulife Mutual Fund · 5.2 yrs | C | 11.0% | -1.0% | 0.95% | ₹1,570 cr |
| Taurus Flexi Cap FundTaurus Mutual Fund · 13.8 yrs | C | 12.9% | +0.9% | 2.66% | ₹373 cr |
| LIC MF Flexi Cap FundLIC Mutual Fund · 13.8 yrs | C | 11.9% | -0.1% | 1.79% | ₹1,086 cr |
| Sundaram Flexicap FundSundaram Mutual Fund · 4.2 yrs | C | 10.1% | -1.9% | 0.86% | ₹1,964 cr |
| SBI Flexicap FundSBI Mutual Fund · 13.8 yrs | C | 9.7% | -2.3% | 1.24% | ₹22,863 cr |
| UTI - Flexi Cap Fund.UTI Mutual Fund · 13.8 yrs | C | 10.1% | -1.9% | 1.16% | ₹23,664 cr |
| Shriram Flexi Cap FundShriram Mutual Fund · 8.1 yrs | C | 7.8% | -4.2% | 1.07% | ₹131 cr |
| Abakkus Flexi Cap FundAbakkus Mutual Fund · 0.8 yrs | – | – | – | 0.81% | ₹6,825 cr |
| AlphaGrep Flexi Cap FundAlphaGrep Mutual Fund · 0.2 yrs | – | – | – | 2.50% | ₹31 cr |
| Capitalmind Flexi Cap FundCapitalmind Mutual Fund · 1.2 yrs | – | – | – | 1.74% | ₹460 cr |
| Helios Flexi Cap FundHelios Mutual Fund · 3.0 yrs | – | – | – | 0.83% | ₹8,433 cr |
| JioBlackRock Flexi Cap FundJio BlackRock Mutual Fund · 1.1 yrs | – | – | – | 1.11% | ₹3,250 cr |
| Old Bridge Flexi Cap FundOld Bridge Mutual Fund · 0.7 yrs | – | – | – | 1.54% | ₹324 cr |
| Quantum Flexi Cap FundQuantum Mutual Fund · 0.2 yrs | – | – | – | 1.76% | ₹14 cr |
| TRUSTMF Flexi Cap FundTrust Mutual Fund · 2.5 yrs | – | – | – | 1.73% | ₹1,015 cr |
| The Wealth Company Flexi Cap FundThe Wealth Company Mutual Fund · 1.1 yrs | – | – | – | 1.84% | ₹247 cr |
| Unifi Flexi Cap FundUnifi Mutual Fund · 1.4 yrs | – | – | – | 1.41% | ₹231 cr |
Common questions
What does a flexi cap fund invest in?
SEBI requires flexi cap funds to invest at least 65% in equities, across large, mid and small caps in any mix.
How many flexi cap funds beat their index over 3 years?
20 of 36 flexi cap funds (Regular plans with 3 years of history) beat the Nifty 500 total-return index over the 3 years to 5 Nov 2026.
How are these funds rated?
Each fund is compared only with funds in its category and plan type, on its long-run return over the index, risk-adjusted return, consistency, cost and portfolio. The ratings describe the track record so far; our own backtest found they do not predict future returns.
Ratings describe past track records and are not a recommendation to buy or sell. Read the scheme documents before investing.