Flexi cap mutual funds have the freedom to invest across large cap, mid cap and small cap stocks in any proportion. This flexibility allows fund managers to shift allocations based on market conditions and valuations, potentially capturing opportunities across the entire market spectrum. Flexi cap funds are an excellent choice for investors who want diversified equity exposure without worrying about market cap restrictions.
SEBI requires flexi cap funds to invest at least 65% in equity, but places no restrictions on market cap allocation. This makes them one of the most versatile equity fund categories, well-suited for investors with a 5+ year horizon seeking a single-fund equity solution.
| # | Fund Name | NAV (₹) | 1Y Return ▼ | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| 1 | quant Flexi Cap Fund - Growth Option | 119.89 | +10.46% | +20.13% | +17.81% |
| 2 | BANK OF INDIA Flexi Cap Fund Direct Plan -Growth | 39.25 | +6.15% | +22.16% | +18.15% |
| 3 | Navi Flexi Cap Fund | 27.36 | +6.07% | +12.89% | +12.87% |
| 4 | Helios Flexi Cap Fund - Direct Plan - Growth Option | 15.19 | +6.01% | — | — |
| 5 | ITI Flexi Cap Fund | 19.35 | +5.89% | +20.10% | — |
| 6 | Aditya Birla Sun Life Flexi Cap Fund - Growth | 2,060.97 | +4.33% | +16.66% | +13.31% |
| 7 | LIC MF Flexi Cap Fund | 106.91 | +4.31% | +11.77% | +10.73% |
| 8 | Bajaj Finserv Flexi Cap Fund | 15.35 | +4.15% | — | — |
| 9 | ICICI Prudential Flexicap Fund | 19.92 | +4.02% | +16.69% | — |
| 10 | HSBC Flexi Cap Fund | 247.33 | +2.94% | +18.15% | +14.97% |
| 11 | 360 ONE FLEXICAP FUND | 15.67 | +1.73% | — | — |
| 12 | Edelweiss Flexi Cap Fund - Direct Plan - Growth Option | 43.54 | +1.55% | +16.42% | +14.95% |
| 13 | Mirae Asset Flexi Cap Fund | 16.24 | +0.78% | +14.41% | — |
| 14 | Baroda BNP Paribas Flexi Cap Fund - Direct Plan - Growth Option | 16.18 | +0.74% | +15.16% | — |
| 15 | Unifi Flexi Cap Fund | 10.13 | +0.18% | — | — |
| 16 | TRUSTMF Flexi Cap Fund | 11.69 | +0.17% | — | — |
| 17 | WhiteOak Capital Flexi Cap Fund Direct Plan-Growth | 17.90 | +0.02% | +17.00% | — |
| 18 | HDFC Flexi Cap Fund - Growth Option | 2,119.56 | -0.18% | +17.56% | +17.55% |
| 19 | BANDHAN Flexi Cap Fund | 222.37 | -0.26% | +13.56% | +11.92% |
| 20 | Axis Flexi Cap Fund | 28.98 | -0.55% | +13.46% | +10.48% |
Data sourced from AMFI & mfapi.in. Returns are annualised CAGR. Past performance doesn't guarantee future results. Last updated: 07 Jun 2026
Frequently Asked Questions
What is the difference between flexi cap and multi cap funds?
Flexi cap funds have no minimum allocation to any market cap segment, giving complete freedom to the fund manager. Multi cap funds must invest at least 25% each in large, mid and small caps as per SEBI rules.
Are flexi cap funds good for long-term investment?
Yes, flexi cap funds are excellent for long-term investors as the fund manager can dynamically adjust the portfolio based on market conditions and valuations across market caps.
What is the risk level of flexi cap funds?
Flexi cap funds carry moderate to moderately high risk. The actual risk depends on the fund manager’s allocation strategy at any given time.
Can I use flexi cap as my only equity fund?
Yes, flexi cap funds can serve as a core equity holding due to their diversified nature across market caps. However, adding category-specific funds can further optimise returns.