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HDFC Flexi Cap Fund

Flexi CapVery HighOPEN-ENDED
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NAV as on 9 Nov 2026
₹2,127.72+0.42%1 day
Return since launch
18.6%
52-week range
₹1,817.59 — ₹2,118.85
AUM
₹1,08,547 Cr

HDFC Flexi Cap Fund is a Flexi Cap equity fund from HDFC Mutual Fund with ₹1,08,547 Cr under management, launched in 1994. Over three years it has returned 9.6% a year, against 12.4% for its category. The expense ratio is 1.35% and the SEBI riskometer reading is Very High.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y10.6%+7.8 pts2.8%6.2%
2Y8.1%+1.7 pts6.4%4.0%
3Y9.6%−2.9 pts12.4%4.8%
5Y15.2%+5.3 pts9.9%9.5%
7Y18.7%+5.2 pts13.5%11.9%
10Y16.9%+3.5 pts13.3%11.7%

Fund against category

1Y
Fund10.6%
Category2.8%
3Y
Fund9.6%
Category12.4%
5Y
Fund15.2%
Category9.9%

Since launch (8 Dec 1994): 18.6%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
202511.4%+7.2 pts4.2%
202423.3%+1.5 pts21.8%
202330.6%+0.9 pts29.7%
202218.3%+16.6 pts1.7%
202136.2%+1.8 pts34.4%
20206.4%−12.6 pts19.0%

Returns over one year are annualised. Shorter periods are absolute.

Costs & terms

Costs and terms

What the fund charges each year, and the rules around putting money in and taking it out.

Costs

1.36%

Expense ratio as on 4 Nov 2026

Charged yearly and already deducted from the NAV.

Base expense
1.08%
Brokerage
0.02%
Transaction charges
0.00%
Statutory levies
0.26%
Exit load
Exit load of 1% if redeemed within 1 year
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
NIFTY 500 TRI
Short-term capital gains
Returns taxed at 20% if you redeem before 1 year
Long-term capital gains
After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Very High

Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.

Risk ratios
RatioFundCategory avgRead as
Alpha5.155.51Return earned above what the benchmark alone would have given. Higher is better.
Beta0.831.05How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.700.60Return earned for each unit of total risk taken. Higher is better.
Sortino0.810.85Return earned for each unit of downside risk. Higher is better.
Std. deviation13.3818.05How widely monthly returns have varied around their own average. Lower is steadier.
Average of 4 category peers

Portfolio

HDFC Flexi Cap Fund portfolio

Portfolio as of 30 Sep 2026

Asset allocation

  • Equity95.0%
  • Debt0.5%
  • Other4.6%

Market cap split

  • Large73.6%
  • Mid15.7%
  • Small10.7%
P/E
23.55
P/B
3.35

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
ICICI Bank Ltd.Financial8.80%₹9,547 Cr+9.18%+8.82%+9.14%
Axis Bank Ltd.Financial6.11%₹6,633 Cr+6.84%+6.87%+7.14%
HDFC Bank Ltd.Financial6.03%₹6,545 Cr+6.77%+7.04%+8.34%
State Bank of IndiaFinancial3.94%₹4,277 Cr+4.30%+4.75%+4.38%
Eternal Ltd.Services3.46%₹3,752 Cr+3.05%+2.09%—
Kotak Mahindra Bank Ltd.Financial3.40%₹3,693 Cr+3.26%+3.52%+4.24%
SBI Life Insurance Company Ltd.Insurance3.25%₹3,531 Cr+3.47%+3.89%+4.19%
Larsen & Toubro Ltd.Construction3.08%₹3,338 Cr+3.45%+3.09%+1.01%
Interglobe Aviation Ltd.Services2.99%₹3,251 Cr+3.26%+2.16%+1.31%
Bharti Airtel Ltd.Communication2.62%₹2,846 Cr+2.87%+3.19%+2.41%

Sectors

  • Financial29.6%
  • Healthcare12.8%
  • Automobile11.8%
  • Services11.6%
  • Construction5.8%
  • Technology4.9%
  • Energy4.6%
  • Insurance3.5%

Instruments

  • Repo2.8%
  • Real Estate Investment Trusts2.3%
  • GOI Securities0.5%

Recent changes

HoldingFromToWeight
Others-0.08%-0.53%-0.45%
PB Fintech Ltd.1.52%1.12%-0.40%
ICICI Bank Ltd.9.19%8.80%-0.39%
HDFC Bank Ltd.5.71%6.03%+0.32%
Dixon Technologies (India) Ltd.0.03%0.32%+0.29%
Molbio Diagnostics Ltd.0.00%0.28%+0.28%
State Bank of India4.16%3.94%-0.22%
BSE Ltd.0.45%0.65%+0.20%
Mphasis Ltd.0.00%0.17%+0.17%
Maruti Suzuki India Ltd.2.74%2.57%-0.17%
Lenskart Solutions Ltd.0.70%0.85%+0.15%
Eicher Motors Ltd.2.44%2.30%-0.14%
Kotak Mahindra Bank Ltd.3.27%3.40%+0.13%
ABB India Ltd.0.12%0.24%+0.12%
Apollo Hospitals Enterprise Ltd.0.68%0.79%+0.11%
TVS Motor Company Ltd.0.85%0.96%+0.11%
Axis Bank Ltd.6.19%6.11%-0.08%
Larsen & Toubro Ltd.3.16%3.08%-0.08%
Bank Of Baroda0.08%0.00%-0.08%
Havells India Ltd.0.54%0.46%-0.08%
Infosys Ltd.0.54%0.46%-0.08%
Nexus Select Trust1.62%1.70%+0.08%
Nippon Life India Asset Management Ltd.0.38%0.46%+0.08%
Eternal Ltd.3.39%3.46%+0.07%
Piramal Pharma Ltd.1.44%1.37%-0.07%
Power Grid Corporation Of India Ltd.2.04%2.11%+0.07%
ACME Solar Holdings Ltd.0.57%0.64%+0.07%
Hyundai Motor India Ltd.1.75%1.68%-0.07%
SBI Life Insurance Company Ltd.3.19%3.25%+0.06%
Hexaware Technologies Ltd.0.48%0.54%+0.06%
JSW Infrastructure Ltd.0.55%0.61%+0.06%
Nuvoco Vistas Corporation Ltd.0.49%0.55%+0.06%
Dr. Lal Pathlabs Ltd.0.71%0.76%+0.05%
HCL Technologies Ltd.2.48%2.44%-0.04%
Bosch Ltd.1.34%1.30%-0.04%
Divi's Laboratories Ltd.1.58%1.62%+0.04%
ICICI Prudential Asset Management Company Ltd.0.46%0.50%+0.04%
Ashok Leyland Ltd.0.46%0.42%-0.04%
Varroc Engineering Ltd.0.88%0.92%+0.04%
Reliance Industries Ltd.1.44%1.40%-0.04%
Bharti Airtel Ltd.2.58%2.62%+0.04%
Neuland Laboratories Ltd.0.52%0.55%+0.03%
United Spirits Ltd.0.75%0.72%-0.03%
Lupin Ltd.0.94%0.91%-0.03%
Max Healthcare Institute Ltd.1.49%1.46%-0.03%
Adani Enterprises Ltd.0.51%0.54%+0.03%
Vishal Mega Mart Ltd.0.57%0.54%-0.03%
CORONA Remedies Ltd.0.42%0.45%+0.03%
FSN E-Commerce Ventures Ltd.0.75%0.72%-0.03%
Britannia Industries Ltd.0.70%0.67%-0.03%
Aster DM Quality Care Ltd.0.81%0.79%-0.02%
Prestige Estates Projects Ltd.0.48%0.46%-0.02%
Sapphire Foods India Ltd.0.41%0.39%-0.02%
Embassy Office Parks REIT0.57%0.59%+0.02%
Crompton Greaves Consumer Electricals Ltd.0.30%0.28%-0.02%
Anthem Biosciences Ltd.0.61%0.59%-0.02%
Persistent Systems Ltd.1.34%1.32%-0.02%
Swiggy Ltd.0.27%0.25%-0.02%
Bajaj Auto Ltd.0.46%0.48%+0.02%
Diamond Power Infrastructure Ltd.0.21%0.23%+0.02%
Ather Energy Ltd.0.23%0.25%+0.02%
Escorts Kubota Ltd.0.32%0.30%-0.02%
Kalpataru Projects International Ltd.0.56%0.58%+0.02%
CIE Automotive India Ltd.0.34%0.36%+0.02%
Craftsman Automation Ltd.0.56%0.54%-0.02%
Biocon Ltd.0.26%0.25%-0.01%
Rubicon Research Ltd.0.21%0.20%-0.01%
Metropolis Healthcare Ltd.0.33%0.32%-0.01%
Interglobe Aviation Ltd.2.98%2.99%+0.01%
GOI0.26%0.27%+0.01%
Restaurant Brands Asia Ltd.0.29%0.28%-0.01%
Oil And Natural Gas Corporation Ltd.0.26%0.27%+0.01%
SBI Funds Management Ltd.0.38%0.39%+0.01%
Apar Industries Ltd.0.26%0.27%+0.01%
Life Insurance Corporation of India0.29%0.28%-0.01%
Hindustan Petroleum Corporation Ltd.0.23%0.23%0.00%
JK Lakshmi Cement Ltd.0.23%0.23%0.00%
JSW Steel Ltd.1.45%1.45%0.00%
The Ramco Cements Ltd.0.31%0.31%0.00%
Bharat Electronics Ltd.0.62%0.62%0.00%
Tata Steel Ltd.0.88%0.88%0.00%
Cipla Ltd.2.47%2.47%0.00%
Tenneco Clean Air India Ltd0.10%0.10%0.00%
Ultratech Cement Ltd.0.87%0.87%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹5,915 Cr2.17%16.4%10.3%15.1%
Motilal Oswal Flexi Cap Fund₹13,446 Cr1.97%15.3%9.0%14.7%
Invesco India Flexi Cap Fund₹5,488 Cr2.08%15.3%9.7%—
Bank of India Flexi Cap Fund₹3,137 Cr2.29%13.9%9.8%15.4%
ITI Flexi Cap Fund₹1,588 Cr2.33%21.0%12.6%—
See all Flexi Cap funds

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The scheme seeks to generate capital appreciation / income from a portfolio, predominantly invested in equity & equity related instruments.

Fund managers

  • Amit GanatraMr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR.Prior to joining the HDFC AMC, he has worked with Invesco Asset Management (India) Pvt. Ltd, HDFC Mutual Fund, DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.
Scheme information document

Tools

Return calculator

What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.

₹
Over the pastTotal investmentWould’ve becomeGrowthReturns
6 months9.27% absolute₹60,000₹65,5629.27%
1 year3.59% annualised₹1,20,000₹1,22,3591.97%
3 years16.65% annualised₹3,60,000₹4,69,30430.36%
5 years15.70% annualised₹6,00,000₹9,14,69752.45%

Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.

How this is calculated

Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.

The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.

Questions

Frequently asked questions

The things people ask about this scheme.

What is the NAV of HDFC Flexi Cap Fund?
The NAV of HDFC Flexi Cap Fund is ₹2,127.72 as on 9 Nov 2026.
What is the expense ratio of HDFC Flexi Cap Fund?
The expense ratio of HDFC Flexi Cap Fund is 1.35% per year.
What is the minimum SIP amount for HDFC Flexi Cap Fund?
You can start a SIP in HDFC Flexi Cap Fund with ₹3,000 a month.
What returns has HDFC Flexi Cap Fund given?
HDFC Flexi Cap Fund has returned 10.6% over 1 year, 9.6% over 3 years and 15.2% over 5 years (annualised).
Is there a lock-in or exit load on HDFC Flexi Cap Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 year.
How risky is HDFC Flexi Cap Fund?
HDFC Flexi Cap Fund is rated Very High on the SEBI riskometer and belongs to the Flexi Cap category.
Which fund house manages HDFC Flexi Cap Fund?
HDFC Flexi Cap Fund is managed by HDFC Mutual Fund, which runs 86 schemes with ₹9,96,954 Cr under management.