The below table shows a list Of the Best Flexi Cap Mutual Funds Based on AUM, NAV, and minimum SIP.
| Name | AUM (Cr) | NAV (Rs) | Minimum SIP (Rs) |
| Parag Parikh Flexi Cap Fund | 75956.22 | 85.28 | 3000.00 |
| HDFC Flexi Cap Fund | 59123.44 | 2021.51 | 100.00 |
| Kotak Flexi Cap Fund | 51094.44 | 92.19 | 100.00 |
| UTI Flexi Cap Fund | 26396.25 | 339.35 | 1500.00 |
| Aditya Birla SL Flexi Cap Fund | 22792.01 | 1936.18 | 100.00 |
| ICICI Pru Asset Allocator Fund | 22088.66 | 122.90 | 1000.00 |
| SBI Flexi Cap Fund | 21990.43 | 122.74 | 5000.00 |
| Franklin India Flexi Cap Fund | 17417.27 | 1804.73 | 500.00 |
| ICICI Pru Flexi Cap Fund | 16002.03 | 19.60 | 5000.00 |
| Canara Rob Flexi Cap Fund | 13415.10 | 370.82 | 1000.00 |
Introduction To Top Flexi Cap Mutual Funds
Parag Parikh Flexi Cap Fund
Parag Parikh Flexi Cap Fund is a Flexi Cap mutual fund scheme from Ppfas Mutual Fund. This fund has been in existence for 11 years and 2 months, having been launched on 13/05/2013.
Parag Parikh Flexi Cap Fund is a Flexi Cap Fund with an AUM of ₹75,956.22 crores. It has a 5-year CAGR of 27.51%, an exit load of 2% and an expense ratio of 0.63%. SEBI categorizes its risk as Very High. The fund’s asset allocation is as follows: Rights at 0.02%, Treasury Bills at 0.04%, Certificate of Deposit at 0.48%, Cash & Equivalents at 3.45% and Equity at 84.77%.
HDFC Flexi Cap Fund
HDFC Flexi Cap Direct is a Flexi Cap mutual fund scheme from HDFC Mutual Fund. This fund has been in existence for 11 years and 6 months, having been launched on 01/01/2013.
HDFC Flexi Cap Fund is a Flexi Cap Fund with an AUM of ₹59,123.44 crores. It has a 5-year CAGR of 25.76%, an exit load of 1% and an expense ratio of 0.77%. SEBI categorizes its risk as Very High. The fund’s asset allocation is as follows: Rights at 0.02%, Treasury Bills at 0.04%, Certificate of Deposit at 0.48%, Cash & Equivalents at 3.45% and Equity at 84.77%.
Kotak Flexi Cap Fund
Kotak Flexi Cap Fund is a Flexi Cap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 11 years and 6 months, having been launched on 01/01/2013.
Kotak Flexi Cap Fund is a Flexi Cap Fund with an AUM of ₹51,094.44 crores. It has a 5-year CAGR of 21.00%, an exit load of 1% and an expense ratio of 0.58%. SEBI categorizes its risk as Very High. The fund’s asset allocation is as follows: Rights at 0.09%, Mutual Funds at 0.12%, Cash & Equivalents at 0.59% and Equity at 99.21%.
UTI Flexi Cap Fund
UTI Flexi Cap Fund is a Flexi Cap mutual fund scheme from UTI Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.
UTI Flexi Cap Fund is a Flexi Cap Fund with an AUM of ₹26,396.25 crores. It has a 5-year CAGR of 20.28%, an exit load of 1%, and an expense ratio of 0.98%. SEBI categorizes its risk as Very High. The fund’s asset allocation is as follows: Treasury Bills at 0.50%, Cash & Equivalents at 3.71% and Equity at 95.79%.
Aditya Birla Sun Life Flexi Cap Fund
Aditya Birla Sun Life Flexi Cap Fund is a Flexi Cap mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been in existence for 11 years and 6 months, having been launched on 01/01/2013.
Aditya Birla SL Flexi Cap Fund is a Flexi Cap Fund with an AUM of ₹22,792.01 crores. It has a 5-year CAGR of 22.32%, an exit load of 1% and an expense ratio of 0.84%. SEBI categorizes its risk as Very High. The fund’s asset allocation is as follows: Rights at 0.42%, Mutual Funds at 0.98%, Cash & Equivalents at 1.69% and Equity at 96.91%.
ICICI Prudential Asset Allocator Fund (FOF)
ICICI Prudential Asset Allocator Fund (FOF) is a Hybrid FoF mutual fund scheme from ICICI Prudential Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.
ICICI Pru Asset Allocator Fund is a Flexi Cap Fund with an AUM of ₹22,088.66 crores. It has a 5-year CAGR of 16.75%, an exit load of 1% and an expense ratio of 0.08%. SEBI categorizes its risk as High. The fund’s asset allocation is as follows: Cash & Equivalents at 0.52% and Mutual Funds at 99.48%.
SBI Flexi Cap Fund
SBI Flexi Cap Fund is a Flexi Cap mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 11 years and 6 months, having been launched on 01/01/2013.
SBI Flexi Cap Fund is a Flexi Cap Fund with an AUM of ₹21,990.43 crores. It has a 5-year CAGR of 20.25%, an exit load of 0.1%, and an expense ratio of 0.82%. SEBI categorizes its risk as Very High. The fund’s asset allocation is as follows: Treasury Bills at 0.09%, Cash & Equivalents at 5.34%, and Equity at 94.57%.
Franklin India Flexi Cap Fund
Franklin India Flexi Cap Fund is a Flexi Cap mutual fund scheme from Franklin Templeton Mutual Fund. This fund has been in existence for 11 years and 6 months, having been launched on 01/01/2013.
Franklin India Flexi Cap Fund is a Flexi Cap Fund with an AUM of ₹17,417.27 crores. It has a 5-year CAGR of 26.06%, an exit load of 1% and an expense ratio of 0.94%. SEBI categorizes its risk as Very High. The fund’s asset allocation is as follows: Treasury Bills at 0.15%, Rights at 1.60%, Cash & Equivalents at 6.38% and Equity at 91.87%.
ICICI Prudential Flexi Cap Fund
ICICI Prudential Flexi Cap Fund is a Flexi Cap mutual fund scheme from ICICI Prudential Mutual Fund. This fund has been in existence for 3 years and 2 months, having been launched on 28/06/2021.
ICICI Pru Flexi Cap Fund is a Flexi Cap Fund with an AUM of ₹16,002.03 crores. It has a 5-year CAGR of 0%, an exit load of 1% and an expense ratio of 0.73%. SEBI categorizes its risk as Very High. The fund’s asset allocation is as follows: Pref Shares at 0.00%, Treasury Bills at 0.76%, Cash & Equivalents at 1.52% and Equity at 97.72%.
Canara Robeco Flexi Cap Fund
Canara Robeco Flexi Cap Fund is a Flexi Cap mutual fund scheme from Canara Robeco Mutual Fund. This fund has been in existence for 11 years and 8 months, having been launched on 01/01/2013.
Canara Rob Flexi Cap Fund is a Flexi Cap Fund with an AUM of ₹13,415.10 crores. It has a 5-year CAGR of 23.34%, an exit load of 1% and an expense ratio of 0.53%. SEBI categorizes its risk as Very High. The fund’s asset allocation is as follows: Cash & Equivalents at 2.71% and Equity at 97.29%.
Flexi Cap Mutual Fund Meaning
Flexi Cap Mutual Funds are equity funds that invest across market capitalizations (large, mid and small-cap stocks) without any restrictions on allocation. This flexibility allows fund managers to adjust the portfolio based on market conditions and opportunities.
These funds aim to capitalize on growth potential across different market segments. By dynamically allocating assets, they seek to balance risk and return. This approach can potentially provide better risk-adjusted returns compared to funds focused on a single market capitalization.
Flexi Cap funds offer investors exposure to a diverse range of companies and sectors. This diversification can help mitigate risks associated with concentration in a particular market segment, making them suitable for investors seeking a balanced equity portfolio with the potential for long-term growth.
Features Of Best Flexi Cap Funds
The main features of the best Flexi Cap Funds include flexibility in asset allocation across market capitalizations, the potential for higher returns through dynamic portfolio management, and diversification benefits. These funds offer exposure to various sectors and company sizes, aiming to optimize risk-adjusted returns.
- Flexible asset allocation: Flexi Cap Funds have the freedom to invest across large, mid, and small-cap stocks without any fixed allocation restrictions. This flexibility allows fund managers to adapt to changing market conditions and capitalize on opportunities in different market segments, potentially enhancing returns.
- Diversification: These funds provide exposure to a wide range of companies across various sectors and market capitalizations. This diversification helps spread risk and can potentially lead to more stable returns over time, as the fund is not overly dependent on the performance of any single market segment.
- Professional management: Flexi Cap Funds are managed by experienced fund managers who conduct thorough research and analysis to select stocks and adjust portfolio allocations. Their expertise in identifying promising investment opportunities across different market segments can be valuable for investors seeking professional guidance in equity investments.
- Potential for higher returns: By having the ability to invest across market capitalizations, Flexi Cap Funds can potentially generate higher returns compared to funds restricted to a specific market segment. Fund managers can allocate more to sectors or company sizes that show promise, potentially maximizing returns.
Best Performing Flexi Cap Mutual Funds Based on Expense Ratio
The table below shows the Best-performing Flexi Cap Mutual Funds Based on the lowest to highest expense ratio.
| Name | Expense Ratio (%) | Minimum SIP (Rs) |
| ICICI Pru Asset Allocator Fund | 0.08 | 1000.00 |
| Canara Rob Flexi Cap Fund | 0.53 | 1000.00 |
| Kotak Flexi Cap Fund | 0.58 | 100.00 |
| Parag Parikh Flexi Cap Fund | 0.63 | 3000.00 |
| ICICI Pru Flexi Cap Fund | 0.73 | 5000.00 |
| HDFC Flexi Cap Fund | 0.77 | 100.00 |
| SBI Flexi Cap Fund | 0.82 | 5000.00 |
| Aditya Birla SL Flexi Cap Fund | 0.84 | 100.00 |
| Franklin India Flexi Cap Fund | 0.94 | 500.00 |
| UTI Flexi Cap Fund | 0.98 | 1500.00 |
Best Flexi Cap Mutual Funds Based on 3Y CAGR
The table below shows the Best Flexi Cap Mutual Funds Based on the Highest 3Y CAGR.
| Name | CAGR 3Y (Cr) | Minimum SIP (Rs) |
| HDFC Flexi Cap Fund | 28.94 | 100.00 |
| ICICI Pru Flexi Cap Fund | 24.45 | 5000.00 |
| Franklin India Flexi Cap Fund | 24.33 | 500.00 |
| Parag Parikh Flexi Cap Fund | 20.87 | 3000.00 |
| Kotak Flexi Cap Fund | 19.35 | 100.00 |
| Aditya Birla SL Flexi Cap Fund | 18.18 | 100.00 |
| Canara Rob Flexi Cap Fund | 17.74 | 1000.00 |
| SBI Flexi Cap Fund | 16.91 | 5000.00 |
| ICICI Pru Asset Allocator Fund | 15.62 | 1000.00 |
| UTI Flexi Cap Fund | 9.56 | 1500.00 |
Best Performing Flexi Cap Mutual Funds In India Based on Exit Load
The table below shows Best Performing Flexi Cap Mutual Funds In India Based on Exit Load, i.e., the fee that the AMC charges investors when they exit or redeem their fund units.
| Name | AMC | Exit Load (%) |
| SBI Flexi Cap Fund | SBI Funds Management Limited | 0.10 |
| HDFC Flexi Cap Fund | HDFC Asset Management Company Limited | 1.00 |
| ICICI Pru Flexi Cap Fund | ICICI Prudential Asset Management Company Limited | 1.00 |
| Franklin India Flexi Cap Fund | Franklin Templeton Asset Management (India) Private Limited | 1.00 |
| Kotak Flexi Cap Fund | Kotak Mahindra Asset Management Company Limited | 1.00 |
| Aditya Birla SL Flexi Cap Fund | Aditya Birla Sun Life AMC Limited | 1.00 |
| Canara Rob Flexi Cap Fund | Canara Robeco Asset Management Company Limited | 1.00 |
| ICICI Pru Asset Allocator Fund | ICICI Prudential Asset Management Company Limited | 1.00 |
| UTI Flexi Cap Fund | UTI Asset Management Company Private Limited | 1.00 |
| Parag Parikh Flexi Cap Fund | PPFAS Asset Management Pvt. Ltd. | 2.00 |
Flexi Cap Mutual Funds Returns
The table below shows Flexi Cap Mutual Funds Returns Based on 1Y return
| Name | Absolute Returns – 1Y (%) | Minimum SIP (Rs) |
| ICICI Pru Flexi Cap Fund | 47.70 | 5000.00 |
| Franklin India Flexi Cap Fund | 44.01 | 500.00 |
| HDFC Flexi Cap Fund | 42.46 | 100.00 |
| Parag Parikh Flexi Cap Fund | 40.48 | 3000.00 |
| Aditya Birla SL Flexi Cap Fund | 39.14 | 100.00 |
| Kotak Flexi Cap Fund | 37.41 | 100.00 |
| Canara Rob Flexi Cap Fund | 36.97 | 1000.00 |
| SBI Flexi Cap Fund | 32.59 | 5000.00 |
| UTI Flexi Cap Fund | 26.93 | 1500.00 |
| ICICI Pru Asset Allocator Fund | 23.27 | 1000.00 |
Historical Performance Of Flexi Cap Mutual Funds
The table below shows Historical Performance Of Flexi Cap Mutual Funds based on 5Y return
| Name | CAGR 5Y (Cr) | Minimum SIP (Rs) |
| Parag Parikh Flexi Cap Fund | 27.51 | 3000.00 |
| Franklin India Flexi Cap Fund | 26.06 | 500.00 |
| HDFC Flexi Cap Fund | 25.76 | 100.00 |
| Canara Rob Flexi Cap Fund | 23.34 | 1000.00 |
| Aditya Birla SL Flexi Cap Fund | 22.32 | 100.00 |
| Kotak Flexi Cap Fund | 21.00 | 100.00 |
| UTI Flexi Cap Fund | 20.28 | 1500.00 |
| SBI Flexi Cap Fund | 20.25 | 5000.00 |
| ICICI Pru Asset Allocator Fund | 16.75 | 1000.00 |
| ICICI Pru Flexi Cap Fund | 0.00 | 5000.00 |
Factors To Consider When Investing In Flexi Cap Mutual Funds
When investing in Flexi Cap Mutual Funds, consider the fund’s historical performance, expense ratio, fund manager’s expertise, investment strategy, and risk profile. Also, evaluate your financial goals, risk tolerance and investment horizon before choosing a fund.
- Fund performance: Analyze the fund’s historical returns over various periods (1-year, 3-year, and 5-year) and compare them with its benchmark index and category average. Look for consistency in performance rather than just focusing on short-term gains.
- Expense ratio: This is the annual fee charged by the fund for managing your investment. A lower expense ratio can significantly impact your overall returns, especially over the long term. Compare expense ratios of different funds within the Flexi Cap category.
- Fund manager’s expertise: Research the fund manager’s track record, experience, and investment philosophy. A skilled manager with a proven history of generating consistent returns can be crucial in navigating different market conditions and capitalizing on opportunities across market capitalizations.
- Portfolio composition: Examine the fund’s current asset allocation across large, mid, and small-cap stocks. Understand how the fund adjusts its portfolio in response to market conditions and whether this aligns with your investment strategy and risk tolerance.
- Risk measures: Evaluate risk metrics such as standard deviation, Sharpe ratio, and beta. These indicators can help you understand the fund’s volatility and risk-adjusted returns, ensuring that the potential rewards align with your risk appetite.
How To Invest In Best Performing Flexi Cap Funds in India?
To invest in the best-performing Flexi Cap Funds in India, start by researching top-rated funds based on performance, expense ratio, and risk metrics. Compare different funds and their investment strategies to align with your financial goals and risk tolerance.
Once you’ve selected a fund, you can invest through Alice Blue, a reliable online investment platform. They offer a user-friendly interface to easily invest in a wide range of Flexi Cap Funds, along with tools and resources to help you make informed investment decisions.
For most investors, a Systematic Investment Plan (SIP) is recommended. This approach allows you to invest a fixed amount regularly, benefiting from rupee cost averaging and reducing the impact of market volatility on your investment over time.
Impact Of Market Trends On Flexi Cap Mutual Funds In India
Market trends significantly influence Flexi Cap Mutual Funds in India due to their flexible investment strategy across market capitalizations. During bullish phases, these funds may increase allocation to high-growth segments, while in bearish markets, they might shift towards more stable large-cap stocks.
This adaptability allows Flexi Cap funds to potentially outperform single-category funds in varying market conditions. However, the fund’s performance heavily relies on the fund manager’s ability to correctly interpret and act on market trends, making manager expertise crucial.
How Does Flexi Cap Mutual Funds Perform In Volatile Markets?
Flexi Cap Mutual Funds can potentially navigate volatile markets better due to their flexibility in asset allocation. During market turbulence, fund managers can adjust the portfolio, increasing exposure to more stable large-cap stocks or defensive sectors to mitigate risks.
Conversely, when opportunities arise in mid or small-cap segments, the fund can quickly capitalize on them. This adaptability allows Flexi Cap funds to potentially provide more stable returns in volatile markets compared to funds focused on a single market capitalization.
Advantages Of Investing In Flexi Cap Mutual Funds
The main advantages of investing in Flexi Cap Mutual Funds include flexibility in asset allocation, potential for higher returns, diversification benefits, and professional management. These funds offer exposure to various market segments, adapting to changing market conditions while aiming to optimize risk-adjusted returns.
- Flexibility in asset allocation: Flexi Cap funds have the freedom to invest across large, mid, and small-cap stocks without any fixed allocation restrictions. This flexibility allows fund managers to adapt to changing market conditions and capitalize on opportunities in different market segments, potentially enhancing returns.
- Diversification benefits: These funds provide exposure to a wide range of companies across various sectors and market capitalizations. This diversification helps spread risk and can potentially lead to more stable returns over time, as the fund is not overly dependent on the performance of any single market segment.
- Professional management: Flexi Cap funds are managed by experienced fund managers who conduct thorough research and analysis to select stocks and adjust portfolio allocations. Their expertise in identifying promising investment opportunities across different market segments can be valuable for investors seeking professional guidance in equity investments.
- Potential for higher returns: By having the ability to invest across market capitalizations, Flexi Cap funds can potentially generate higher returns compared to funds restricted to a specific market segment. Fund managers can allocate more to sectors or company sizes that show promise, potentially maximizing returns.
What Are The Disadvantages Of Flexi Cap Funds?
The main disadvantages of Flexi Cap Funds include the potential for higher volatility, dependence on the fund manager’s skills, higher expense ratios, and potential for underperformance in specific market conditions. These factors can impact returns and may not suit all investor profiles.
- Higher volatility: Flexi Cap funds can experience increased volatility due to their exposure to mid and small-cap stocks. These market segments are often more susceptible to market fluctuations, which can lead to sharp ups and downs in the fund’s Net Asset Value (NAV).
- Dependence on fund manager’s skill: The performance of Flexi Cap funds heavily relies on the fund manager’s ability to make correct asset allocation decisions. If the manager fails to accurately interpret market trends or makes poor investment choices, it can significantly impact the fund’s returns.
- Higher expense ratios: Due to the active management required for Flexi Cap funds, they often have higher expense ratios compared to passive funds or those focused on a single market capitalization. These higher costs can eat into investor returns over the long term.
- Potential for underperformance: In certain market conditions, Flexi Cap funds may underperform compared to funds focused on a specific market capitalization. For example, during a strong large-cap rally, a Flexi Cap fund with significant mid or small-cap exposure might lag behind a pure large-cap fund.
Contribution Of Flexi Cap Mutual Funds To Portfolio Diversification
Flexi Cap Mutual Funds significantly contribute to portfolio diversification by providing exposure to various market capitalizations and sectors. These funds can invest across large, mid, and small-cap stocks, allowing investors to benefit from growth opportunities in different market segments through a single investment.
This diversification helps spread risk and can potentially lead to more stable returns over time. By dynamically adjusting allocations based on market conditions, Flexi Cap funds aim to optimize the risk-return profile, making them a valuable component in a well-rounded investment portfolio.
Who Should Invest In Flexi Cap Mutual Funds?
Flexi Cap Mutual Funds are suitable for investors seeking exposure to equity markets across different market capitalizations. They are ideal for those who want the potential for higher returns associated with equity investments but prefer a professionally managed, diversified approach to mitigate some of the risks.
These funds are particularly well-suited for investors with a moderate to high-risk tolerance and a long-term investment horizon. They can be a good choice for those who want to benefit from potential growth across market segments but lack the time or expertise to actively manage their diversified equity portfolio.
Impact Of Manager Expertise On Flexi Cap Mutual Funds Performance
The expertise of the fund manager plays a crucial role in the performance of Flexi Cap Mutual Funds. These funds rely heavily on the manager’s ability to make informed decisions about asset allocation across different market capitalizations and sectors based on market conditions and opportunities.
A skilled manager can potentially enhance returns by correctly timing shifts between large, mid, and small-cap stocks, and identifying promising investment opportunities. Conversely, poor decision-making can lead to underperformance. Therefore, when selecting a Flexi Cap fund, investors should carefully consider the track record and experience of the fund manager.
How Long Should I Invest In Flexi Cap Mutual Funds?
Flexi Cap Mutual Funds are typically recommended for long-term investment horizons of at least 5-7 years. This extended time frame allows the fund to navigate through market cycles, potentially smoothing out short-term volatility and capitalizing on the growth potential of various market segments.
A longer investment period also gives the fund manager time to execute their investment strategy effectively, adjusting allocations across market capitalizations as needed. It allows investors to potentially benefit from compounding returns and the fund’s ability to capture growth opportunities across different market segments over time.
FAQs – Best Flexi Cap Mutual Funds
Top Flexi Cap Mutual Funds #1: Parag Parikh Flexi Cap Fund
Top Flexi Cap Mutual Funds #2: HDFC Flexi Cap Fund
Top Flexi Cap Mutual Funds #3: Kotak Flexi Cap Fund
Top Flexi Cap Mutual Funds #4: UTI Flexi Cap Fund
Top Flexi Cap Mutual Funds #5: Aditya Birla SL Flexi Cap Fund
These funds are listed based on the Highest AUM
A Flexi Cap Fund allows investment across companies with various market capitalisations—large, mid, and small. Fund managers have the flexibility to shift investments based on market conditions. This dynamic allocation aims to optimize returns while balancing risk, offering a diversified portfolio for investors.
The best-performing Flexi Cap Mutual Funds are typically those with consistent returns, low expense ratios, and skilled fund managers. Top performers often show strong risk-adjusted returns across different market conditions, effectively balancing allocations between large, mid, and small-cap stocks.
The best Flexi Cap Mutual Funds for long-term investment usually have a track record of consistent performance, low expense ratios, and experienced fund managers. Look for funds that have outperformed their benchmark and category average over 5-10-year periods with lower volatility.
Investing in Flexi Cap Funds carries moderate to high risk due to their equity exposure. However, their diversification across market caps can potentially reduce risk compared to single-cap funds. They’re generally considered safer than pure small-cap funds but riskier than large-cap funds.
Flexi Cap funds typically don’t have a mandatory lock-in period. However, most fund houses may charge an exit load if units are redeemed within a specific period (usually 1 year) to discourage short-term trading. It’s advisable to check the specific fund’s exit load structure.
Flexi Cap funds have complete flexibility in allocating across market caps, while Multi-cap funds must maintain a minimum 25% allocation each to large, mid, and small-cap stocks. Flexi Cap funds can adjust allocations more freely based on market conditions and opportunities.
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