Top Flexi Cap Mutual Funds (2026)
Ranked by 3 year return, Direct plans, as on the latest NAV · AUM as on 30-09-2026
There are 46 Flexi Cap mutual funds. Their average 3 year return is 12.4% a year, and −3.6% over the last year. The highest 3 year returns: ITI Flexi Cap Fund 18.3%, Bank of India Flexi Cap Fund 18.2%, Motilal Oswal Flexi Cap Fund 16.8%.
- Total AUM
- ₹5,86,801 Cr
- As on 30-09-2026
- Funds
- 46
- From 46 fund houses
- Expense ratio
- 0.66% to 3.39%
- Direct plans, lowest to highest
- Average 3Y return
- 12.4%
- A year, Direct plans
All Flexi Cap Funds
Ranked by 3 year return, highest first
Ranked by 3 year return, highest first
| Exit load | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ITI Flexi Cap Fund | 1 | 1,588 | +6.40% | +18.32% | -- | -- | Very High | 0.88% | 0.5% within 3 months | 16.26% |
| Bank of India Flexi Cap Fund | 2 | 3,098 | +1.91% | +18.16% | +15.01% | -- | Very High | 0.89% | 1% within 3 months | 17.49% |
| Motilal Oswal Flexi Cap Fund | 3 | 13,446 | −3.83% | +16.84% | +12.46% | +12.24% | Very High | 1.19% | 1% within 365 days | 16.89% |
| 360 One Flexicap Fund | 4 | 2,246 | +1.77% | +16.69% | -- | -- | Very High | 0.92% | 1% within 365 days | 15.21% |
| Invesco India Flexi Cap Fund | 5 | 5,437 | −2.73% | +16.68% | -- | -- | Very High | 0.88% | 1% within 365 days | 15.51% |
| Bajaj Finserv Flexi Cap Fund | 6 | 8,527 | −0.10% | +15.78% | -- | -- | Very High | 1.00% | 1% within 6 months | 13.34% |
| HDFC Flexi Cap Fund | 7 | 1,08,547 | −4.02% | +15.76% | +15.53% | +15.31% | Very High | 0.75% | 1% within 1 year | 11.98% |
| ICICI Prudential Flexi Cap Fund | 8 | 25,141 | −0.86% | +15.20% | +13.89% | -- | -- | 0.88% | 1% within 1 month | 14.22% |
| Aditya Birla Sun Life Flexi Cap Fund | 9 | 27,982 | +1.05% | +15.16% | +10.79% | +13.19% | Very High | 0.91% | 1% within 90 days | 13.27% |
| HSBC Flexi Cap Fund | 10 | 5,749 | −1.57% | +14.84% | +11.82% | +12.72% | Very High | 1.31% | 1% within 1 year | 15.74% |
| Quant Flexi Cap Fund | 11 | 7,309 | +2.98% | +14.78% | +13.48% | +18.28% | Very High | 1.08% | 1% within 15 days | 16.67% |
| WhiteOak Capital Flexi Cap Fund | 12 | 9,325 | −2.61% | +13.99% | -- | -- | Very High | 0.82% | None | 13.65% |
| Edelweiss Flexi Cap Fund | 13 | 3,509 | −5.42% | +13.98% | +11.55% | -- | Very High | 0.76% | 1% within 90 days | 14.54% |
| Axis Flexi Cap Fund | 14 | 13,242 | −0.95% | +13.45% | +7.75% | -- | Very High | 0.85% | None | 14.20% |
| JM Flexi Cap Fund | 15 | 5,036 | −5.28% | +13.05% | +13.89% | +15.31% | Very High | 1.09% | 1% within 30 days | 15.74% |
| Parag Parikh Flexi Cap Fund | 16 | 1,45,071 | −6.97% | +12.57% | +10.85% | +16.65% | Very High | 0.69% | Varies | 9.75% |
| Mirae Asset Flexi Cap Fund | 17 | 4,369 | −3.21% | +12.30% | -- | -- | Very High | 0.74% | 1% within 1 year | 14.03% |
| Baroda BNP Paribas Flexi Cap Fund | 18 | 1,185 | −4.24% | +11.64% | -- | -- | -- | 1.29% | -- | 14.87% |
| Canara Robeco Flexi Cap Fund | 19 | 12,782 | −6.26% | +11.53% | +8.62% | +13.80% | Very High | 0.71% | 1% within 1 year | 13.46% |
| Taurus Flexi Cap Fund | 20 | 385 | +1.68% | +11.31% | +9.23% | +9.31% | Very High | 2.69% | 1% within 365 days | 14.69% |
| Kotak Flexi Cap Fund | 21 | 53,087 | −6.88% | +11.29% | +9.58% | +12.69% | Very High | 0.67% | 1% within 365 days | 14.41% |
| Navi Flexi Cap Fund | 22 | 286 | +1.80% | +10.91% | +9.70% | -- | Very High | 0.70% | None | 14.08% |
| Bandhan Flexi Cap Fund | 23 | 7,508 | −5.58% | +10.81% | +8.79% | +10.55% | Very High | 1.52% | 1% within 1 year | 12.84% |
| Union Flexi Cap Fund | 24 | 2,320 | −3.32% | +10.74% | +9.20% | +12.83% | Very High | 1.52% | 1% within 15 days | 14.00% |
| PGIM India Flexi cap fund | 25 | 5,595 | −4.62% | +10.59% | +7.34% | +14.24% | Very High | 0.85% | 0.5% within 90 days | 13.48% |
| DSP Flexi Cap Fund | 26 | 11,720 | −6.29% | +10.58% | +8.62% | +13.06% | Very High | 0.87% | Varies | 14.05% |
| Franklin India Flexi Cap Fund | 27 | 18,188 | −8.94% | +10.40% | +10.05% | +12.84% | -- | 0.99% | 1% within 1 year | 13.37% |
| LIC Mf Flexi Cap Fund | 28 | 1,038 | −4.73% | +10.12% | +8.70% | +10.22% | Very High | 1.82% | 1% within 3 months | 15.47% |
| Mahindra Manulife Flexi Cap Fund | 29 | 1,510 | −8.56% | +9.29% | +9.80% | -- | Very High | 1.00% | Varies | 13.52% |
| Nippon India Flexi Cap Fund | 30 | 9,214 | −7.62% | +9.10% | +9.40% | -- | Very High | 0.66% | 1% within 365 days | 14.53% |
| Tata Flexi Cap Fund | 31 | 3,454 | −10.21% | +9.08% | +7.88% | -- | Very High | 0.89% | 0.5% within 30 days | 12.68% |
| NJ Flexi Cap Fund | 32 | -- | −6.08% | +8.87% | -- | -- | Very High | 0.84% | None | 14.26% |
| UTI - Flexi Cap Fund. | 33 | 22,495 | −5.64% | +8.51% | +3.93% | +11.68% | Very High | 1.17% | 1% within 1 year | 12.92% |
| Sundaram Flexicap Fund | 34 | 1,837 | −10.21% | +8.49% | -- | -- | Very High | 0.87% | Varies | 13.15% |
| SBI Flexicap Fund | 35 | 22,109 | −7.80% | +8.02% | +6.91% | +11.39% | Very High | 1.24% | 0.1% within 30 days | 12.52% |
| Shriram Flexi Cap Fund | 36 | 122 | −8.03% | +6.61% | +6.33% | -- | Very High | 1.06% | 1% within 90 days | 15.66% |
| Helios Flexi Cap Fund | -- | 8,784 | −3.02% | -- | -- | -- | Very High | 0.86% | 1% within 3 months | -- |
| Abakkus Flexi Cap Fund | -- | 7,844 | -- | -- | -- | -- | Very High | 0.86% | Varies | -- |
| JioBlackRock Flexi Cap Fund | -- | 3,175 | −8.49% | -- | -- | -- | Very High | 1.11% | None | -- |
| TRUSTMF Flexi Cap Fund | -- | 1,006 | +3.61% | -- | -- | -- | Very High | 1.74% | 1% within 180 days | -- |
| Capitalmind Flexi Cap Fund | -- | 462 | −1.31% | -- | -- | -- | Very High | 1.72% | 1% within 1 month | -- |
| Old Bridge Flexi Cap Fund | -- | 451 | -- | -- | -- | -- | Very High | 1.56% | 1% within 365 days | -- |
| Unifi Flexi Cap Fund | -- | 239 | +1.80% | -- | -- | -- | -- | 1.42% | -- | -- |
| The Wealth Company Flexi Cap Fund | -- | 239 | −8.09% | -- | -- | -- | Very High | 1.88% | 1% within 30 days | -- |
| AlphaGrep Flexi Cap Fund | -- | 80 | -- | -- | -- | -- | Very High | 2.80% | 1% within 15 days | -- |
| Quantum Flexi Cap Fund | -- | 65 | -- | -- | -- | -- | -- | 3.39% | -- | -- |
Returns of each fund's Direct plan (its only plan where it has one), as on the latest NAV. 3, 5 and 10 year figures are a rate a year. Std dev: how much the daily returns swung over 3 years, as a yearly figure; lower is steadier. Riskometer and exit load from the fund's scheme summary document; "Varies" means the load changes with how long you hold, and the fund page has the full wording. Expense ratio: Direct plan, from AMFI. AUM at the end of the fund's last reported month. A fund younger than 3 years has no rank and is listed after the ranked ones.
Stocks Flexi Cap Funds Bought and Sold in September 2026
What the 5 largest Flexi Cap funds changed in their September 2026 portfolios, against the month before
Bought
| Stock | New in | Added by |
|---|---|---|
| Kotak Mahindra Bank LimitedHDFC Flexi Cap, Aditya Birla Sun Life Flexi Cap, ICICI Prudential Flexi Cap | -- | 3 funds |
| TVS Motor Company Ltd.HDFC Flexi Cap, ICICI Prudential Flexi Cap | -- | 2 funds |
| HDFC Bank Ltd.HDFC Flexi Cap, Aditya Birla Sun Life Flexi Cap | -- | 2 funds |
| Mahindra & Mahindra LimitedParag Parikh Flexi Cap, ICICI Prudential Flexi Cap | -- | 2 funds |
| Bharti Airtel LimitedParag Parikh Flexi Cap, ICICI Prudential Flexi Cap | -- | 2 funds |
| LENSKART SOLUTIONS LIMITEDHDFC Flexi Cap, Kotak Flexi Cap | -- | 2 funds |
| PB Fintech LimitedHDFC Flexi Cap, ICICI Prudential Flexi Cap | -- | 2 funds |
| Max Financial Services Ltd.Aditya Birla Sun Life Flexi Cap, ICICI Prudential Flexi Cap | -- | 2 funds |
| Rubicon Research LimitedHDFC Flexi Cap, ICICI Prudential Flexi Cap | -- | 2 funds |
| Cipla Ltd.Aditya Birla Sun Life Flexi Cap | 1 fund | -- |
Sold
| Stock | Exited by | Reduced by |
|---|---|---|
| Avenue Supermarts Ltd.Aditya Birla Sun Life Flexi Cap | 1 fund | -- |
| TATA CONSULTANCY SERVICES LTD.Kotak Flexi Cap | 1 fund | -- |
| SUN PHARMACEUTICAL INDUSTRIES LTD.Aditya Birla Sun Life Flexi Cap | 1 fund | -- |
| Hindustan Unilever Ltd.Kotak Flexi Cap | 1 fund | -- |
| Havells India Ltd.Aditya Birla Sun Life Flexi Cap | 1 fund | -- |
| Tube Investments of India Ltd.Aditya Birla Sun Life Flexi Cap | 1 fund | -- |
| The Great Eastern Shipping Company LimitedParag Parikh Flexi Cap | 1 fund | -- |
| Bank of BarodaHDFC Flexi Cap | 1 fund | -- |
| Bharat Electronics Ltd.Kotak Flexi Cap | -- | 1 fund |
| Larsen and Toubro Ltd.Kotak Flexi Cap | -- | 1 fund |
From each fund's own monthly portfolio, stocks only. "New in" means the fund did not hold the stock the month before; "Exited by" means it sold all of it. Added and reduced count shares held, so a price move alone is not a change. Funds counted: Parag Parikh Flexi Cap Fund, HDFC Flexi Cap Fund, Kotak Flexi Cap Fund, Aditya Birla Sun Life Flexi Cap Fund, ICICI Prudential Flexi Cap Fund.
Compare Flexi Cap Funds
The largest funds of the category, side by side
How Flexi Cap Funds Are Taxed
As equity funds: 65% or more of each fund is in Indian stocks
| When you sell | Tax on the gain |
|---|---|
| Within 1 year | 20% of the gain (short term) |
| After 1 year | 12.5% of gains above ₹1.25 lakh a financial year (long term) |
- IDCW (dividend) payouts are added to your income and taxed at your slab rate.
- A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
What Is a Flexi Cap Fund?
At least 65% in stocks, in any mix of large, mid and small cap companies the fund manager chooses. This is the rule SEBI sets for every fund in the category, so their portfolios can be compared.
Other equity categories: Large Cap · Large & Mid Cap · Mid Cap · Small Cap · Multi Cap · Focused · Value and Contra · Dividend Yield · ELSS
Flexi Cap Funds: Frequently Asked Questions
Which are the top Flexi Cap mutual funds?
By 3 year return, the top Flexi Cap funds are 1. ITI Flexi Cap Fund (18.3% a year), 2. Bank of India Flexi Cap Fund (18.2% a year), 3. Motilal Oswal Flexi Cap Fund (16.8% a year), 4. 360 One Flexicap Fund (16.7% a year), 5. Invesco India Flexi Cap Fund (16.7% a year). Past returns do not promise future returns, so also look at costs, risk and how long each fund has done well.
How many Flexi Cap funds are there?
46 Flexi Cap funds are open for investment, from 46 fund houses.
What is a Flexi Cap fund?
At least 65% in stocks, in any mix of large, mid and small cap companies the fund manager chooses.
What is the average return of Flexi Cap funds?
1 year: -3.6%, 3 years: 12.4% a year, 5 years: 10.0% a year. The simple average of every Flexi Cap fund's Direct plan.
Which Flexi Cap fund has the lowest expense ratio?
Nippon India Flexi Cap Fund, at 0.66% a year (Direct plan), as reported to AMFI.
Which is the largest Flexi Cap fund?
Parag Parikh Flexi Cap Fund, with ₹1,45,071 Cr of investors' money on 30-09-2026.
How are Flexi Cap funds taxed?
As equity funds: gains on units sold within 1 year are taxed at 20%; after that, gains above ₹1.25 lakh a financial year are taxed at 12.5%.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.