Shriram Flexi Cap Fund vs Shriram Multi Sector Rotation Fund
Direct Plan, Growth option · Data as on 30-10-2026
Shriram Flexi Cap Fund is a Flexi Cap fund and Shriram Multi Sector Rotation Fund is a Thematic fund. In the year to 30-10-2026, Shriram Flexi Cap Fund (Direct) returned −8.0% and Shriram Multi Sector Rotation Fund (Direct) returned −3.6%. Shriram Flexi Cap Fund charges 1.06% a year and Shriram Multi Sector Rotation Fund 0.98% (Direct plans). Their portfolios overlap 52.5%: they hold 30 of the same securities.
Shriram Flexi Cap Fund
Flexi Cap
- 1 year return
- −8.0%
- Expense ratio
- 1.06%
- NAV
- ₹21.48
Shriram Multi Sector Rotation Fund
Thematic
- 1 year return
- −3.6%
- Expense ratio
- 0.98%
- NAV
- ₹7.85
Which is better, Shriram Flexi Cap or Shriram Multi Sector Rotation? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Shriram Multi Sector Rotation returned more over 1 year: −3.6% against −8.0%.
- Shriram Multi Sector Rotation costs less: 0.98% a year against 1.06% (Direct plans).
- Shriram Flexi Cap fell less in its worst fall since 13-12-2024: −20.7% against −29.6%.
- Shriram Multi Sector Rotation is the larger fund: ₹148 Cr against ₹122 Cr.
- Their portfolios overlap 52.5%: 30 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Shriram Flexi Cap Fund | Shriram Multi Sector Rotation Fund |
|---|---|---|
| Fund house | Shriram Mutual Fund | Shriram Mutual Fund |
| Category | Flexi Cap | Thematic |
| AUM | ₹122 Cr (30-09-2026) | ₹148 Cr (30-09-2026) |
| NAV | ₹21.48 (Direct) | ₹7.85 (Direct) |
| Expense ratio (Direct) | 1.06% | 0.98% |
| Expense ratio (Regular) | 2.59% | 2.71% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Launch date | 28-09-2018 | 09-12-2024 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Hitesh Savanth, Prateek Nigudkar | Hitesh Savanth, Prateek Nigudkar |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days, | • 1% of the applicable NAV, if redeemed within 3 months from the date of allotment. • Nil if redeemed after 3 months from the date of allotment |
Shriram Flexi Cap vs Shriram Multi Sector Rotation: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Shriram Flexi Cap Fund (Direct) | −0.32% | −6.84% | −2.02% | −8.03% | +6.61% | +6.33% | -- |
| Shriram Multi Sector Rotation Fund (Direct) | −0.34% | −6.60% | +0.66% | −3.64% | -- | -- | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 46 Flexi Cap funds and the 235 Thematic funds, same plan type.
Shriram Flexi Cap vs Shriram Multi Sector Rotation: Year-wise Returns
| Year | Flexi CapShriram Flexi Cap | Multi Sector RotationShriram Multi Sector Rotation | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −8.25% | −4.94% | −7.51% |
| 2025 | −5.05% | −17.99% | +7.76% |
| 2024 | +18.07% | -- | +16.24% |
| 2023 | +28.79% | -- | +26.91% |
| 2022 | +4.23% | -- | +4.25% |
| 2021 | +22.64% | -- | +31.60% |
Shriram Flexi Cap vs Shriram Multi Sector Rotation: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 215 of them, one for each trading day from 15-12-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Shriram Flexi Cap Fund (Direct)
Shriram Multi Sector Rotation Fund (Direct)
Nifty 500 TRI
to
Jan 2026Mar 2025
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shriram Flexi Cap | 49.3 | 36.3 | 9.8 | 4.7 | 0.0 | 0.0 | 0.0 | 0.4% | 0.2% | −9.2% | 12.2% | 0% |
| Shriram Multi Sector Rotation | 45.6 | 35.3 | 13.0 | 6.0 | 0.0 | 0.0 | 0.0 | −0.4% | 0.2% | −20.3% | 12.4% | 49% |
| Nifty 500 TRI | 27.4 | 32.6 | 27.9 | 9.3 | 2.8 | 0.0 | 0.0 | 3.5% | 2.7% | −9.0% | 15.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 13-12-2024. Past returns do not promise future returns.
Shriram Flexi Cap vs Shriram Multi Sector Rotation: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-12-2024 to 30-10-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Shriram Flexi CapShriram Flexi Cap Fund (Direct) | ₹2,30,000 | ₹2,20,659 | −₹9,341 | −4.1% |
| Shriram Multi Sector RotationShriram Multi Sector Rotation Fund (Direct) | ₹2,30,000 | ₹2,22,911 | −₹7,089 | −3.1% |
Shriram Flexi CapShriram Flexi Cap Fund (Direct)
Shriram Multi Sector RotationShriram Multi Sector Rotation Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Shriram Flexi Cap vs Shriram Multi Sector Rotation: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Shriram Flexi Cap Fund (Direct) | Shriram Multi Sector Rotation Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.03% | −3.64% |
| Standard deviation | 13.56% | 15.39% |
| Sharpe ratio | -0.98 | -0.58 |
| Sortino ratio | -1.31 | -0.78 |
| Maximum drawdown | −14.6% (31-03-2026) | −15.7% (31-03-2026) |
| Beta | 0.93 | 1.02 |
| Alpha | −1.58% | +4.01% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Shriram Flexi Cap Fund (Direct) | Shriram Multi Sector Rotation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.16% | −12.07% |
| Standard deviation | 16.12% | 16.03% |
| Sharpe ratio | 0.30 | -1.10 |
| Sortino ratio | 0.40 | -1.40 |
| Maximum drawdown | −32.1% (23-03-2020) | −29.6% (31-03-2026) |
| Beta | 0.91 | 1.00 |
| Alpha | −2.56% | −9.60% |
From daily NAVs, 08-10-2018 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Shriram Flexi Cap Fund (Direct)
Shriram Multi Sector Rotation Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Shriram Flexi Cap Fund (Direct) | −20.7% | 16-12-2024 | 28-02-2025 | Not yet | -- | −14.7% |
| Shriram Multi Sector Rotation Fund (Direct) | −29.6% | 31-12-2024 | 31-03-2026 | Not yet | -- | −22.0% |
| Nifty 500 TRI | −14.7% | 13-12-2024 | 28-02-2025 | 09-06-2025 | 3 months | −8.4% |
From daily values since 13-12-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Shriram Flexi Cap Fund (Direct)
Shriram Multi Sector Rotation Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Shriram Flexi Cap Fund (Direct) | 88% | 122% | 7.34% |
| Shriram Multi Sector Rotation Fund (Direct) | 91% | 151% | 11.07% |
From month-end values since 13-12-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Shriram Flexi Cap vs Shriram Multi Sector Rotation: Portfolio Overlap
From each fund's latest monthly portfolio: Shriram Flexi Cap Fund, September 2026; Shriram Multi Sector Rotation Fund, September 2026
Holdings in common
- Overlap
- 52.5%
- Held by both
- 30
- Only in Shriram Flexi Cap
- 39
- Only in Shriram Multi Sector Rotation
- 11
| Security | % of Shriram Flexi Cap | % of Shriram Multi Sector Rotation |
|---|---|---|
| HDFC Bank Ltd. | 7.45% | 7.77% |
| State Bank of India | 4.10% | 4.06% |
| Axis Bank Ltd. | 3.96% | 5.71% |
| Reliance Industries Ltd. | 3.81% | 3.84% |
| Bharti Airtel Ltd. | 3.87% | 3.11% |
| Samhi Hotels Ltd. | 2.40% | 2.76% |
| Mahindra & Mahindra Ltd. | 2.07% | 3.38% |
| Eternal Ltd. | 1.89% | 5.59% |
| SBI Life Insurance Company Ltd. | 1.81% | 2.15% |
| KFIN Technologies Ltd. | 2.04% | 1.78% |
| Adani Ports & Special Economic Zone Ltd. | 1.56% | 3.55% |
| Tata Consultancy Services Ltd. | 1.50% | 2.31% |
| Infosys Ltd. | 1.83% | 1.39% |
| Maruti Suzuki India Ltd. | 1.35% | 1.34% |
| Canara Robeco Asset Mgmt Co Ltd. | 1.29% | 1.92% |
| InterGlobe Aviation Ltd. | 1.22% | 2.76% |
| Oil India Ltd. | 1.21% | 2.53% |
| R R Kabel Ltd. | 1.19% | 1.75% |
| Apollo Hospitals Enterprise Ltd. | 1.10% | 3.14% |
| Sagility Ltd. | 1.10% | 1.96% |
| Ajanta Pharma Ltd. | 1.10% | 1.01% |
| Tech Mahindra Ltd. | 1.01% | 2.00% |
| Thyrocare Technologies Ltd. | 0.99% | 1.76% |
| Rainbow Children's Medicare Ltd. | 0.93% | 2.49% |
| Swiggy Ltd. | 0.90% | 1.70% |
| REC Ltd. | 0.83% | 1.97% |
| Sun Pharmaceutical Industries Ltd. | 0.57% | 0.56% |
| Fiem Industries Ltd. | 0.48% | 1.05% |
| Narayana Hrudayalaya ltd. | 0.39% | 0.53% |
| Dodla Dairy Ltd. | 1.02% | 0.12% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 52.5% means 52.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Shriram Flexi Cap Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd. | 5.52% |
| ITC Ltd. | 2.31% |
| Bharat Electronics Ltd. | 2.08% |
| Kirloskar Oil Engines Ltd. | 1.95% |
| S.J.S. Enterprises Ltd. | 1.80% |
Largest holdings only in Shriram Multi Sector Rotation Fund
| Security | % of fund |
|---|---|
| Samvardhana Motherson International Ltd. | 3.16% |
| Nuvama Wealth Management Ltd. | 2.78% |
| Computer Age Management Services Ltd. | 2.68% |
| Indian Bank | 2.65% |
| Mphasis Ltd. | 2.04% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Shriram Flexi Cap | Shriram Multi Sector Rotation |
|---|---|---|
| Equity | 95.5% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.5% | 0.2% |
Market cap of stocks
| Market cap | Shriram Flexi Cap | Shriram Multi Sector Rotation |
|---|---|---|
| Large Cap | 62.4% | 58.5% |
| Mid Cap | 9.8% | 9.8% |
| Small Cap | 23.4% | 31.5% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Shriram Flexi Cap | Shriram Multi Sector Rotation |
|---|---|---|
| Banks | 22.3% | 20.2% |
| Healthcare Services | 3.9% | 9.6% |
| Capital Markets | 3.3% | 9.2% |
| IT - Software | 6.7% | 7.7% |
| Retailing | 3.2% | 7.3% |
| Auto Components | 2.3% | 6.1% |
| Automobiles | 5.7% | 4.7% |
| Petroleum Products | 4.2% | 3.8% |
| Telecom - Services | 3.9% | 3.1% |
The six largest sectors of each fund's stocks, % of the fund.
Shriram Flexi Cap vs Shriram Multi Sector Rotation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Shriram Flexi Cap Fund | Shriram Multi Sector Rotation Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.06% | 0.98% |
| Base expense ratio (Direct) | 0.75% | 0.60% |
| Total expense ratio (Regular) | 2.59% | 2.71% |
| Base expense ratio (Regular) | 2.10% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Shriram Flexi Cap with
Compare Shriram Multi Sector Rotation with
Shriram Flexi Cap Fund vs Shriram Multi Sector Rotation Fund: Frequently Asked Questions
What is the difference between Shriram Flexi Cap Fund and Shriram Multi Sector Rotation Fund?
Shriram Flexi Cap Fund is a Flexi Cap fund, Shriram Multi Sector Rotation Fund is a Thematic fund, run by Shriram Mutual Fund. Their portfolios overlap 52.5%. Shriram Flexi Cap Fund charges 1.06% a year and Shriram Multi Sector Rotation Fund 0.98%.
Which has given higher returns, Shriram Flexi Cap Fund or Shriram Multi Sector Rotation Fund?
Over 1 year: Shriram Flexi Cap Fund −8.03%, Shriram Multi Sector Rotation Fund −3.64%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Shriram Flexi Cap Fund or Shriram Multi Sector Rotation Fund?
Shriram Multi Sector Rotation Fund charges less: 0.98% a year against 1.06%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Shriram Flexi Cap Fund and Shriram Multi Sector Rotation Fund overlap?
52.5%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, SBIN, AXISBANK. From each fund's latest monthly portfolio.
Which is riskier, Shriram Flexi Cap Fund or Shriram Multi Sector Rotation Fund?
On SEBI's riskometer, Shriram Flexi Cap Fund is rated Very High and Shriram Multi Sector Rotation Fund Very High. Over 1 years, the standard deviation of daily returns was 13.56% and 15.39% a year.
Can I invest in both Shriram Flexi Cap Fund and Shriram Multi Sector Rotation Fund?
Yes. 52.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Shriram Flexi Cap Fund and Shriram Multi Sector Rotation Fund?
Shriram Flexi Cap Fund: Hitesh Savanth, Prateek Nigudkar. Shriram Multi Sector Rotation Fund: Hitesh Savanth, Prateek Nigudkar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.