Flexi cap funds in India
47 live funds in the Flexi Cap category, ordered by 5-year return, highest first; HDFC Flexi Cap Fund leads. Funds younger than five years follow by name. Returns are for the plan each fund's page leads with, Direct where the fund has one, to each fund's latest NAV, the newest of them on 29 Oct 2026; 3 and 5 year returns are a year, compounded.
- Category median, 1 yearCategory median, 1 year. The middle return among the Flexi Cap category's funds, each over the same window to its own latest NAV, on their Direct plans.
- −4.53%Middle of 43 funds
- Category median, 3 yearsCategory median, 3 years. The middle return among the Flexi Cap category's funds, each over the same window to its own latest NAV, on their Direct plans; a year, compounded.
- +11.70%Middle of 37 funds
- Category median, 5 yearsCategory median, 5 years. The middle return among the Flexi Cap category's funds, each over the same window to its own latest NAV, on their Direct plans; a year, compounded.
- +9.57%Middle of 27 funds
Flexi Cap funds
Size is the average money the fund managed over its latest quarter. Cost is its yearly expense ratio.Filter them in the screener
HDFC Flexi Cap FundHDFC Mutual FundNAV₹2,180.50001Y−4.80%3Y+15.72%5Y+15.45%Size₹1,10,925 CrCost0.75%
Bank of India Flexi Cap FundBank of India Mutual FundNAV₹40.61001Y+3.07%3Y+18.63%5Y+15.29%Size₹2,876 CrCost0.89%
JM Flexi Cap FundJM Financial Mutual FundNAV₹109.26241Y−4.53%3Y+13.51%5Y+14.14%Size₹5,204 CrCost1.09%
ICICI Prudential Flexi Cap FundICICI Prudential Mutual FundNAV₹20.92001Y−0.48%3Y+15.48%5Y+14.02%Size₹24,586 CrCost0.88%
quant Flexi Cap Fundquant Mutual FundNAV₹115.19311Y+3.09%3Y+15.14%5Y+13.56%Size₹7,340 CrCost1.08%
Motilal Oswal Flexi cap FundMotilal Oswal Mutual FundNAV₹68.15341Y−2.88%3Y+17.18%5Y+12.63%Size₹13,799 CrCost1.19%
HSBC Flexi Cap FundHSBC Mutual FundNAV₹250.84721Y−0.90%3Y+15.29%5Y+12.00%Size₹5,806 CrCost1.30%
Edelweiss Flexi Cap FundEdelweiss Mutual FundNAV₹43.40301Y−5.47%3Y+14.10%5Y+11.58%Size₹3,616 CrCost0.76%
Parag Parikh Flexi Cap FundPPFAS Mutual FundNAV₹88.801828 Oct 20261Y−7.01%3Y+12.48%5Y+10.84%Size₹1,47,064 CrCost0.69%
Aditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual FundNAV₹2,119.32001Y+0.63%3Y+15.24%5Y+10.78%Size₹28,241 CrCost0.91%
Franklin India Flexi Cap FundFranklin Templeton Mutual FundNAV₹1,705.04471Y−9.42%3Y+10.44%5Y+10.03%Size₹19,294 CrCost0.99%
Navi Flexi Cap FundNavi Mutual FundNAV₹27.96271Y+2.74%3Y+11.38%5Y+9.94%Size₹292 CrCost0.70%
Mahindra Manulife Flexi Cap FundMahindra Manulife Mutual FundNAV₹16.43911Y−8.68%3Y+9.54%5Y+9.89%Size₹1,570 CrCost1.00%
Kotak Flexi Cap FundKotak Mahindra Mutual FundNAV₹91.68701Y−7.39%3Y+11.33%5Y+9.57%Size₹55,674 CrCost0.67%
Nippon India Flexi Cap FundNippon India Mutual FundNAV₹16.82491Y−7.82%3Y+9.38%5Y+9.47%Size₹9,656 CrCost0.66%
Taurus Flexi Cap FundTaurus Mutual FundNAV₹245.19001Y+2.15%3Y+11.69%5Y+9.45%Size₹373 CrCost2.69%
Union Flexi Cap FundUnion Mutual FundNAV₹56.85001Y−3.50%3Y+10.96%5Y+9.25%Size₹2,404 CrCost1.52%
LIC MF Flexi Cap FundLIC Mutual FundNAV₹109.37321Y−4.62%3Y+10.26%5Y+8.75%Size₹1,086 CrCost1.82%
Bandhan Flexi Cap FundBandhan Mutual FundNAV₹221.95001Y−6.31%3Y+10.76%5Y+8.73%Size₹7,472 CrCost1.52%
DSP Flexi Cap FundDSP Mutual FundNAV₹109.82501Y−6.46%3Y+10.57%5Y+8.68%Size₹12,313 CrCost0.87%
Canara Robeco Flexi Cap FundCanara Robeco Mutual FundNAV₹371.80001Y−6.47%3Y+11.70%5Y+8.65%Size₹13,466 CrCost0.71%
Tata Flexi Cap FundTata Mutual FundNAV₹25.15111Y−10.26%3Y+9.25%5Y+7.98%Size₹3,656 CrCost0.89%
Axis Flexi Cap FundAxis Mutual FundNAV₹30.19001Y−0.98%3Y+13.66%5Y+7.82%Size₹13,588 CrCost0.85%
PGIM India Flexi Cap FundPGIM India Mutual FundNAV₹41.96001Y−4.87%3Y+10.67%5Y+7.36%Size₹5,867 CrCost0.85%
SBI Flexicap FundSBI Mutual FundNAV₹116.43081Y−8.14%3Y+8.20%5Y+6.94%Size₹22,863 CrCost1.24%
Shriram Flexi Cap FundShriram Mutual FundNAV₹21.52131Y−8.27%3Y+6.54%5Y+6.37%Size₹131 CrCost1.06%
UTI Flexi Cap FundUTI Mutual FundNAV₹334.97821Y−6.26%3Y+8.28%5Y+3.85%Size₹23,664 CrCost1.17%
360 ONE Flexicap Fund360 One Mutual FundNAV₹16.57021Y+2.62%3Y+17.01%5Y–Size₹2,213 CrCost0.92%
Abakkus Flexi Cap FundAbakkus Mutual FundNAV₹10.52801Y–3Y–5Y–Size₹6,825 CrCost0.86%
AlphaGrep Flexi Cap FundAlphaGrep Mutual FundNAV₹9.65381Y–3Y–5Y–Size₹31 CrCost2.80%
Bajaj Finserv Flexi Cap FundBajaj Finserv Mutual FundNAV₹15.58801Y−0.28%3Y+15.76%5Y–Size₹8,353 CrCost1.00%
Baroda BNP Paribas Flexi Cap FundBaroda BNP Paribas Mutual FundNAV₹15.95321Y−3.79%3Y+11.91%5Y–Size₹1,250 CrCost1.29%
Capitalmind Flexi Cap FundCapitalmind Mutual FundNAV₹10.05111Y−1.30%3Y–5Y–Size₹460 CrCost1.72%
Helios Flexi Cap FundHelios Mutual FundNAV₹15.46001Y−2.83%3Y–5Y–Size₹8,433 CrCost0.86%
Invesco India Flexi Cap FundInvesco Mutual FundNAV₹19.98001Y−2.77%3Y+16.81%5Y–Size₹5,529 CrCost0.88%
ITI Flexi Cap FundITI Mutual FundNAV₹20.42821Y+6.52%3Y+18.52%5Y–Size₹1,526 CrCost0.88%
JioBlackRock Flexi Cap FundJio BlackRock Mutual FundNAV₹9.40361Y−8.26%3Y–5Y–Size₹3,250 CrCost1.11%
Mirae Asset Flexi Cap FundMirae Asset Mutual FundNAV₹16.41501Y−3.29%3Y+12.44%5Y–Size₹4,423 CrCost0.74%
NJ Flexi Cap FundNJ Mutual FundNAV₹12.98001Y−6.55%3Y+8.91%5Y–Size₹2,660 CrCost0.84%
Old Bridge Flexi Cap FundOld Bridge Mutual FundNAV₹10.42001Y–3Y–5Y–Size₹324 CrCost1.56%
Quantum Flexi Cap FundQuantum Mutual FundNAV–1Y–3Y–5Y–Size₹14 CrCost3.39%
Samco Flexi Cap FundSamco Mutual FundNAV₹9.54001Y−11.26%3Y−3.71%5Y–Size₹262 CrCost1.90%
Sundaram Flexicap FundSundaram Mutual FundNAV₹14.38801Y−10.43%3Y+8.73%5Y–Size₹1,964 CrCost0.87%
The Wealth Company Flexi Cap FundThe Wealth Company Mutual FundNAV₹9.39921Y−6.29%3Y–5Y–Size₹247 CrCost1.88%
TRUSTMF Flexi Cap FundTrust Mutual FundNAV₹12.39001Y+3.42%3Y–5Y–Size₹1,015 CrCost1.74%
Unifi Flexi Cap FundUnifi Mutual FundNAV₹10.66961Y+2.46%3Y–5Y–Size₹231 CrCost1.42%
WhiteOak Capital Flexi Cap FundWhiteOak Capital Mutual FundNAV₹18.32101Y−2.51%3Y+14.24%5Y–Size₹9,275 CrCost0.84%
Tax on flexi cap funds
Gains on units held over 12 months are taxed at 12.5% above ₹1.25 lakh a year; gains on units held 12 months or less at 20%.
Rules in force from 23 Jul 2024, checked 27 Oct 2026. Surcharge and cess are not included.
About flexi cap funds in India
Flexi cap funds in India are open-ended equity mutual funds that must keep at least 65% of their assets in equity and equity-related instruments, with no required split between large, mid and small companies. SEBI created the category on 6 Nov 2020.
SEBI's rule for the category
SEBI requires a flexi cap fund to invest at least 65% of its total assets in equity and equity-related instruments. It sets no minimum or maximum for any market-cap band, so the manager can hold only large companies, only smaller ones, or any mix, and can change the mix at any time. The fund must pick a benchmark index suited to this open mandate. SEBI's revised categorisation circular of 26 Feb 2026 left the 65% floor unchanged.
Why the category exists
In Sep 2020 SEBI told multi cap funds to hold at least 25% each in large, mid and small companies. Fund houses that did not want that fixed split asked for another option, and SEBI added flexi cap in Nov 2020. Many existing multi cap funds were converted into flexi cap funds, which is why several schemes in this category have track records that start well before 2020.
Flexi cap and multi cap
A multi cap fund holds at least 75% in equity, with at least 25% in each of large, mid and small caps. A flexi cap fund holds at least 65% in equity and has no band minimums. The two categories can therefore hold quite different portfolios, and the share a flexi cap fund keeps in each band is the manager's choice, not a rule.
Tax on flexi cap funds
Equity-oriented funds are taxed as equity: gains on units held 12 months or less are taxed at 20%, and gains on units held longer at 12.5% above ₹1.25 lakh of long-term equity gains in a year. The ₹1.25 lakh exemption is shared across all equity funds and shares sold in that year. Surcharge and cess apply on top.
How this page lists the funds
The page ranks every live flexi cap fund by 5-year return, highest first, with younger funds after them by name. Returns are for each fund's Direct plan where it has one, to its latest NAV (the price of one unit); the 3 and 5 year figures are yearly rates. The medians above the table are the middle return among the funds with that much history. Size is the average money managed over the latest quarter, and cost is the yearly expense ratio.