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HDFC Flexi Cap Fund

Flexi CapVery HighOPEN-ENDED
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NAV as on 24 Sep 2026
₹2,004.65-1.87%1 day
Return since launch
18.5%
52-week range
₹1,817.59 — ₹2,100.15
AUM
₹1,13,606 Cr

HDFC Flexi Cap Fund is a Flexi Cap equity fund from HDFC Mutual Fund with ₹1,13,606 Cr under management, launched in 1994. Over three years it has returned 6.8% a year, against 11.4% for its category. The expense ratio is 1.37% 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
1Y-1.9%−2.9 pts1.1%-0.6%
2Y2.2%−0.7 pts2.9%0.7%
3Y6.8%−4.6 pts11.4%3.6%
5Y13.8%+4.1 pts9.8%9.0%
7Y17.9%+4.7 pts13.2%11.8%
10Y16.2%+3.4 pts12.8%11.5%

Fund against category

1Y
Fund-1.9%
Category1.1%
3Y
Fund6.8%
Category11.4%
5Y
Fund13.8%
Category9.8%

Since launch (8 Dec 1994): 18.5%

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

1.37%

Expense ratio as on 16 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
1.08%
Brokerage
0.02%
Transaction charges
0.01%
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
Alpha5.195.64Return earned above what the benchmark alone would have given. Higher is better.
Beta0.821.04How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.840.74Return earned for each unit of total risk taken. Higher is better.
Sortino0.980.98Return earned for each unit of downside risk. Higher is better.
Std. deviation12.8817.32How widely monthly returns have varied around their own average. Lower is steadier.
Average of 5 category peers

Portfolio

HDFC Flexi Cap Fund portfolio

Portfolio as of 31 Aug 2026

Asset allocation

  • Equity94.9%
  • Debt0.4%
  • Other4.7%

Market cap split

  • Large74.2%
  • Mid15.7%
  • Small10.1%
P/E
24.81
P/B
3.53

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
ICICI Bank Ltd.Financial9.19%₹10,445 Cr+8.83%+8.78%+9.21%
Axis Bank Ltd.Financial6.19%₹7,034 Cr+6.84%+7.44%+6.89%
HDFC Bank Ltd.Financial5.71%₹6,491 Cr+6.48%+7.25%+8.36%
State Bank of IndiaFinancial4.16%₹4,725 Cr+4.22%+5.26%+4.21%
Eternal Ltd.Services3.39%₹3,847 Cr+2.73%+1.49%—
Kotak Mahindra Bank Ltd.Financial3.27%₹3,710 Cr+3.43%+3.76%+4.19%
SBI Life Insurance Company Ltd.Insurance3.19%₹3,622 Cr+3.76%+4.06%+4.41%
Larsen & Toubro Ltd.Construction3.16%₹3,591 Cr+3.55%+2.85%+0.86%
Interglobe Aviation Ltd.Services2.98%₹3,383 Cr+2.79%+1.87%+1.38%
Maruti Suzuki India Ltd.Automobile2.74%₹3,107 Cr+2.91%+2.96%+4.51%

Sectors

  • Financial29.4%
  • Healthcare12.5%
  • Automobile12.1%
  • Services11.7%
  • Construction5.8%
  • Technology4.8%
  • Energy4.5%
  • Insurance3.5%

Instruments

  • Repo2.6%
  • Real Estate Investment Trusts2.2%
  • GOI Securities0.4%

Recent changes

HoldingFromToWeight
company:70020.00%0.87%+0.87%
HDFC Bank Ltd.6.11%5.71%-0.39%
SBI Life Insurance Company Ltd.3.56%3.19%-0.37%
Cyient Ltd.0.36%0.00%-0.36%
Bharti Airtel Ltd.2.94%2.58%-0.35%
Dixon Technologies (India) Ltd.0.34%0.03%-0.31%
company:57650.00%0.29%+0.29%
Bank Of Baroda0.35%0.08%-0.27%
ICICI Prudential Asset Management Company Ltd.0.20%0.46%+0.26%
company:13330.00%0.26%+0.26%
Neuland Laboratories Ltd.0.27%0.52%+0.25%
Infosys Ltd.0.76%0.54%-0.23%
Oil And Natural Gas Corporation Ltd.0.49%0.26%-0.22%
Power Grid Corporation Of India Ltd.2.26%2.04%-0.22%
company:202420.00%0.21%+0.21%
Tata Steel Ltd.1.09%0.88%-0.21%
Bosch Ltd.1.13%1.34%+0.21%
Lenskart Solutions Ltd.0.50%0.70%+0.20%
Divi's Laboratories Ltd.1.38%1.58%+0.20%
PB Fintech Ltd.1.33%1.52%+0.19%
Axis Bank Ltd.6.01%6.19%+0.18%
Cipla Ltd.2.65%2.47%-0.18%
Varroc Engineering Ltd.0.72%0.88%+0.16%
Maruti Suzuki India Ltd.2.90%2.74%-0.16%
Others0.08%-0.08%-0.16%
Aster DM Quality Care Ltd.0.67%0.81%+0.15%
Kotak Mahindra Bank Ltd.3.12%3.27%+0.15%
Reliance Industries Ltd.1.56%1.44%-0.12%
company:203270.00%0.10%+0.10%
HCL Technologies Ltd.2.58%2.48%-0.10%
Apollo Hospitals Enterprise Ltd.0.59%0.68%+0.09%
Restaurant Brands Asia Ltd.0.20%0.29%+0.09%
Bajaj Auto Ltd.0.55%0.46%-0.09%
Sapphire Foods India Ltd.0.33%0.41%+0.08%
Hexaware Technologies Ltd.0.41%0.48%+0.07%
TVS Motor Company Ltd.0.79%0.85%+0.06%
BSE Ltd.0.52%0.45%-0.06%
Piramal Pharma Ltd.1.38%1.44%+0.06%
Nippon Life India Asset Management Ltd.0.33%0.38%+0.06%
Ather Energy Ltd.0.18%0.23%+0.06%
Nuvoco Vistas Corporation Ltd.0.55%0.49%-0.05%
Embassy Office Parks REIT0.51%0.57%+0.05%
Craftsman Automation Ltd.0.50%0.56%+0.05%
ACME Solar Holdings Ltd.0.53%0.57%+0.04%
Adani Enterprises Ltd.0.55%0.51%-0.04%
Britannia Industries Ltd.0.74%0.70%-0.04%
Interglobe Aviation Ltd.3.02%2.98%-0.04%
Crompton Greaves Consumer Electricals Ltd.0.34%0.30%-0.04%
SBI Funds Management Ltd.0.35%0.38%+0.04%
Nexus Select Trust1.66%1.62%-0.03%
United Spirits Ltd.0.79%0.75%-0.03%
Max Healthcare Institute Ltd.1.46%1.49%+0.03%
JSW Infrastructure Ltd.0.52%0.55%+0.03%
Kalpataru Projects International Ltd.0.53%0.56%+0.03%
Jupiter Life Line Hospitals Ltd.0.03%0.00%-0.03%
Hyundai Motor India Ltd.1.77%1.75%-0.03%
Eicher Motors Ltd.2.47%2.44%-0.03%
Eternal Ltd.3.36%3.39%+0.02%
Bharat Electronics Ltd.0.60%0.62%+0.02%
CIE Automotive India Ltd.0.37%0.34%-0.02%
State Bank of India4.14%4.16%+0.02%
The Ramco Cements Ltd.0.33%0.31%-0.02%
JK Lakshmi Cement Ltd.0.25%0.23%-0.02%
Havells India Ltd.0.56%0.54%-0.02%
Lupin Ltd.0.96%0.94%-0.02%
CORONA Remedies Ltd.0.44%0.42%-0.02%
Hindustan Petroleum Corporation Ltd.0.25%0.23%-0.02%
Escorts Kubota Ltd.0.33%0.32%-0.02%
FSN E-Commerce Ventures Ltd.0.73%0.75%+0.02%
Biocon Ltd.0.28%0.26%-0.02%
ICICI Bank Ltd.9.21%9.19%-0.02%
Ashok Leyland Ltd.0.45%0.46%+0.01%
Persistent Systems Ltd.1.35%1.34%-0.01%
Swiggy Ltd.0.28%0.27%-0.01%
Diamond Power Infrastructure Ltd.0.20%0.21%+0.01%
Metropolis Healthcare Ltd.0.34%0.33%-0.01%
Prestige Estates Projects Ltd.0.49%0.48%-0.01%
Dr. Lal Pathlabs Ltd.0.72%0.71%-0.01%
GOI0.27%0.26%-0.01%
JSW Steel Ltd.1.44%1.45%+0.01%
Vishal Mega Mart Ltd.0.57%0.57%0.00%
Larsen & Toubro Ltd.3.16%3.16%0.00%
ABB India Ltd.0.12%0.12%0.00%
Anthem Biosciences Ltd.0.61%0.61%0.00%

Compare

Similar funds

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

FundAUMExpense1Y3Y5Y
Category average₹5,332 Cr2.22%12.3%9.9%15.5%
Motilal Oswal Flexi Cap Fund₹14,160 Cr2.05%12.8%9.6%14.9%
Invesco India Flexi Cap Fund₹5,709 Cr2.07%5.4%8.0%—
Bank of India Flexi Cap Fund₹2,953 Cr2.25%13.1%10.6%16.0%
360 ONE FlexiCap Fund₹2,250 Cr2.38%14.6%10.1%—
ITI Flexi Cap Fund₹1,588 Cr2.34%15.8%11.6%—

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 months5.87% absolute₹60,000₹63,5225.87%
1 year−1.23% annualised₹1,20,000₹1,19,203−0.66%
3 years14.58% annualised₹3,60,000₹4,53,67526.02%
5 years15.65% annualised₹6,00,000₹9,13,40652.23%

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 ₹2,004.65 as on 24 Sep 2026.
What is the expense ratio of HDFC Flexi Cap Fund?
The expense ratio of HDFC Flexi Cap Fund is 1.37% 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 -1.9% over 1 year, 6.8% over 3 years and 13.8% 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 85 schemes with ₹9,61,940 Cr under management.