SBI Flexicap Fund
Flexi CapVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹110.54+0.81%1 day
- Return since launch
- 12.0%
- 52-week range
- ₹97.16 — ₹114.13
- AUM
- ₹21,635 Cr
SBI Flexicap Fund is a Flexi Cap equity fund from SBI Mutual Fund with ₹21,635 Cr under management, launched in 2005. Over three years it has returned 3.8% a year, against 12.4% for its category. The expense ratio is 2.04% and the SEBI riskometer reading is Very High.
Performance
SBI Flexicap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.9% against -0.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.7% | +1.9 pts | 2.8% | 6.2% |
| 2Y | 3.3% | −3.2 pts | 6.4% | 4.0% |
| 3Y | 3.8% | −8.6 pts | 12.4% | 4.8% |
| 5Y | 7.5% | −2.4 pts | 9.9% | 9.5% |
| 7Y | 10.5% | −3.0 pts | 13.5% | 11.9% |
| 10Y | 10.9% | −2.5 pts | 13.3% | 11.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.6% | +0.8 pts | 5.8% | 5.9% |
| 3M | 0.6% | +1.1 pts | -0.5% | -0.7% |
| 6M | 4.6% | −1.4 pts | 6.0% | 5.4% |
| 1Y | -0.7% | −3.5 pts | 2.8% | -0.3% |
| 2Y | 1.4% | −1.9 pts | 3.3% | 1.6% |
| 3Y | 9.1% | −3.3 pts | 12.4% | 10.9% |
| 5Y | 7.0% | −2.9 pts | 9.9% | 8.7% |
| 7Y | 11.8% | −2.8 pts | 14.6% | 12.6% |
| 10Y | 11.4% | −1.9 pts | 13.3% | 11.4% |
Since launch (22 Aug 2005): 12.0%
Calendar-year returns
Category average13.6%
30.8%
0.7%
22.8%
14.2%
5.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.5% | +1.3 pts | 4.2% |
| 2024 | 14.2% | −7.6 pts | 21.8% |
| 2023 | 22.8% | −6.9 pts | 29.7% |
| 2022 | 0.7% | −1.0 pts | 1.7% |
| 2021 | 30.8% | −3.6 pts | 34.4% |
| 2020 | 13.6% | −5.4 pts | 19.0% |
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
2.03%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.39%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.54%
- Exit load
- Exit load of 0.10% if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 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.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -2.04 | 5.44 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.87 | 1.01 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.18 | 0.62 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.21 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.76 | 17.12 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
SBI Flexicap Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity97.0%
- Debt0.4%
- Other2.6%
Market cap split
- Large65.4%
- Mid20.0%
- Small14.6%
- P/E
- 21.99
- P/B
- 3.30
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 6.90% | ₹1,525 Cr | +6.66% | +4.04% | +6.86% |
| HDFC Bank Ltd. | Financial | 6.24% | ₹1,381 Cr | +4.48% | +4.52% | +7.94% |
| Larsen & Toubro Ltd. | Construction | 3.32% | ₹734 Cr | +4.05% | +3.77% | +4.22% |
| Aurobindo Pharma Ltd. | Healthcare | 3.03% | ₹670 Cr | +2.79% | — | — |
| JSW Infrastructure Ltd. | Services | 2.81% | ₹621 Cr | +2.96% | — | — |
| Bajaj Auto Ltd. | Automobile | 2.65% | ₹585 Cr | +3.27% | +1.99% | — |
| Others | Others | 2.63% | ₹582 Cr | +0.06% | +0.06% | +0.05% |
| Bajaj Finance Ltd. | Financial | 2.50% | ₹553 Cr | — | +1.41% | +3.65% |
| Eicher Motors Ltd. | Automobile | 2.46% | ₹544 Cr | +2.37% | +2.98% | +3.04% |
| Titan Company Ltd. | Consumer Discretionary | 2.41% | ₹534 Cr | +1.95% | — | — |
| Life Insurance Corporation of India | Insurance | 2.20% | ₹486 Cr | — | — | — |
| State Bank of India | Financial | 2.17% | ₹479 Cr | +2.26% | +4.31% | — |
| Alphabet Inc Class A | Services | 2.13% | ₹471 Cr | +1.01% | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.10% | ₹464 Cr | +2.09% | +2.17% | +0.95% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.09% | ₹462 Cr | +2.17% | — | — |
| Urban Company Ltd. | Consumer Staples | 2.07% | ₹459 Cr | — | — | — |
| Coforge Ltd. | Technology | 2.06% | ₹455 Cr | +1.26% | — | — |
| Varun Beverages Ltd. | Consumer Staples | 2.02% | ₹447 Cr | +2.36% | — | — |
| FSN E-Commerce Ventures Ltd. | Services | 2.02% | ₹447 Cr | +1.91% | — | — |
| Shriram Finance Ltd | Financial | 2.00% | ₹442 Cr | +1.36% | +1.25% | — |
| Bharti Airtel Ltd. | Communication | 1.94% | ₹429 Cr | +0.99% | +0.93% | +3.73% |
| Tata Motors Ltd. | Automobile | 1.93% | ₹428 Cr | — | — | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.92% | ₹424 Cr | +1.19% | — | — |
| Axis Bank Ltd. | Financial | 1.84% | ₹407 Cr | +4.63% | +5.36% | +2.61% |
| Pearl Global Industries Ltd. | Textiles | 1.64% | ₹363 Cr | +1.26% | +0.83% | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.63% | ₹360 Cr | +1.00% | +3.43% | +4.54% |
| Multi Commodity Exchange Of India Ltd. | Services | 1.43% | ₹317 Cr | +0.60% | +1.68% | — |
| NVIDIA Corporation (USA) | Capital Goods | 1.22% | ₹270 Cr | +1.03% | — | — |
| Solar Industries India Ltd. | Chemicals | 1.21% | ₹268 Cr | — | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.21% | ₹267 Cr | +1.18% | — | — |
| Nuvoco Vistas Corporation Ltd. | Materials | 1.20% | ₹264 Cr | +1.05% | +1.42% | +2.37% |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.19% | ₹262 Cr | +0.86% | +0.62% | +0.48% |
| Biocon Ltd. | Healthcare | 1.17% | ₹259 Cr | +1.29% | +1.22% | — |
| Indian Bank | Financial | 1.17% | ₹258 Cr | — | — | — |
| Divi's Laboratories Ltd. | Healthcare | 1.13% | ₹250 Cr | +1.13% | — | — |
| The Federal Bank Ltd. | Financial | 1.12% | ₹248 Cr | +1.14% | — | — |
| DLF Ltd. | Construction | 1.12% | ₹248 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 1.11% | ₹245 Cr | +1.28% | +1.12% | +0.51% |
| RBL Bank Ltd. | Financial | 1.10% | ₹244 Cr | +0.74% | — | — |
| Samvardhana Motherson International Ltd. | Automobile | 1.05% | ₹231 Cr | — | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 1.03% | ₹228 Cr | +2.00% | — | — |
| Bandhan Bank Ltd. | Financial | 1.03% | ₹227 Cr | +1.15% | — | — |
| Kingfa Science & Technology (India) Ltd. | Chemicals | 1.01% | ₹224 Cr | +0.79% | +0.70% | +0.68% |
| Carborundum Universal Ltd. | Metals & Mining | 1.00% | ₹222 Cr | +0.92% | +0.68% | +0.74% |
| Swiggy Ltd. | Services | 1.00% | ₹220 Cr | +0.93% | +1.11% | — |
| Emcure Pharmaceuticals Ltd. | Healthcare | 0.99% | ₹219 Cr | +0.91% | — | — |
| Reliance Industries Ltd. | Energy | 0.99% | ₹218 Cr | +1.86% | +3.19% | +4.81% |
| Vedanta Ltd. | Metals & Mining | 0.98% | ₹216 Cr | — | +1.05% | — |
| NMDC Ltd. | Metals & Mining | 0.96% | ₹212 Cr | +1.18% | — | — |
| AIA Engineering Ltd. | Metals & Mining | 0.95% | ₹211 Cr | +1.22% | +0.96% | +0.74% |
| Pine Labs Ltd. | Financial | 0.87% | ₹193 Cr | +0.77% | +0.35% | — |
| Power Mech Projects Ltd. | Construction | 0.80% | ₹177 Cr | +0.78% | +0.43% | — |
| Ajanta Pharma Ltd. | Healthcare | 0.70% | ₹156 Cr | +0.65% | +0.58% | — |
| Star Cement Ltd. | Materials | 0.68% | ₹150 Cr | +0.83% | +0.97% | +1.11% |
| Eternal Ltd. | Services | 0.59% | ₹131 Cr | +0.48% | +0.46% | — |
| AU Small Finance Bank Ltd. | Financial | 0.53% | ₹117 Cr | — | — | — |
| CCL Products (India) Ltd. | Consumer Staples | 0.52% | ₹115 Cr | +0.59% | +0.57% | — |
| VIP Industries Ltd. | Consumer Discretionary | 0.43% | ₹94.03 Cr | +0.44% | +0.71% | +0.89% |
| JSW Energy Ltd. | Capital Goods | 0.39% | ₹86.16 Cr | +1.00% | — | — |
| Grindwell Norton Ltd. | Metals & Mining | 0.36% | ₹79.76 Cr | +0.38% | +0.26% | +0.28% |
| JSW Cement Ltd. | Materials | 0.27% | ₹59.90 Cr | +0.52% | +0.47% | +0.53% |
| Muthoot Finance Ltd. | Financial | 0.19% | ₹41.68 Cr | +1.06% | +1.23% | +2.43% |
| Reserve Bank of India | Financial | 0.13% | ₹29.79 Cr | +0.22% | +0.24% | +0.22% |
| Aptus Value Housing Finance India Ltd. | Financial | 0.11% | ₹23.30 Cr | +0.87% | +0.67% | +1.00% |
| Navin Fluorine International Ltd. | Chemicals | 0.05% | ₹12.16 Cr | — | — | — |
| Torrent Power Ltd. | Energy | 0.05% | ₹10.84 Cr | +0.05% | — | — |
| BSE Ltd. | Services | 0.00% | ₹0.12 Cr | — | +0.49% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 0.40% | 6.24% | +5.84% |
| Bajaj Finance Ltd. | 0.00% | 2.50% | +2.50% |
| Tata Motors Ltd. | 0.00% | 1.93% | +1.93% |
| BSE Ltd. | 1.46% | 0.00% | -1.46% |
| AU Small Finance Bank Ltd. | 1.80% | 0.53% | -1.27% |
| Solar Industries India Ltd. | 0.00% | 1.21% | +1.21% |
| Bajaj Auto Ltd. | 3.85% | 2.65% | -1.21% |
| HDFC Asset Management Company Ltd. | 1.08% | 0.00% | -1.08% |
| Ashok Leyland Ltd. | 1.00% | 0.00% | -1.00% |
| Coforge Ltd. | 2.97% | 2.06% | -0.91% |
| Aptus Value Housing Finance India Ltd. | 0.76% | 0.11% | -0.65% |
| Shriram Finance Ltd | 1.41% | 2.00% | +0.59% |
| Kotak Mahindra Bank Ltd. | 1.04% | 1.63% | +0.58% |
| Larsen & Toubro Ltd. | 3.86% | 3.32% | -0.54% |
| JSW Energy Ltd. | 0.87% | 0.39% | -0.48% |
| Vedanta Ltd. | 0.50% | 0.98% | +0.48% |
| Divi's Laboratories Ltd. | 1.59% | 1.13% | -0.46% |
| ICICI Bank Ltd. | 7.22% | 6.90% | -0.32% |
| JSW Infrastructure Ltd. | 2.55% | 2.81% | +0.26% |
| Berger Paints India Ltd. | 0.26% | 0.00% | -0.26% |
| Varun Beverages Ltd. | 1.78% | 2.02% | +0.24% |
| NMDC Ltd. | 1.19% | 0.96% | -0.23% |
| Titan Company Ltd. | 2.21% | 2.41% | +0.20% |
| Others | 0.34% | 0.54% | +0.20% |
| JSW Cement Ltd. | 0.46% | 0.27% | -0.19% |
| Adani Ports and Special Economic Zone Ltd. | 1.02% | 1.21% | +0.19% |
| Carborundum Universal Ltd. | 0.84% | 1.00% | +0.16% |
| Eicher Motors Ltd. | 2.60% | 2.46% | -0.14% |
| Alphabet Inc Class A | 1.99% | 2.13% | +0.14% |
| Pearl Global Industries Ltd. | 1.50% | 1.64% | +0.14% |
| Maruti Suzuki India Ltd. | 0.14% | 0.00% | -0.14% |
| Bandhan Bank Ltd. | 0.90% | 1.03% | +0.13% |
| Nuvoco Vistas Corporation Ltd. | 1.07% | 1.20% | +0.12% |
| Kingfa Science & Technology (India) Ltd. | 0.90% | 1.01% | +0.11% |
| RBL Bank Ltd. | 0.99% | 1.10% | +0.11% |
| State Bank of India | 2.28% | 2.17% | -0.11% |
| NVIDIA Corporation (USA) | 1.12% | 1.22% | +0.10% |
| Power Finance Corporation Ltd. | 0.10% | 0.00% | -0.10% |
| Emcure Pharmaceuticals Ltd. | 0.90% | 0.99% | +0.09% |
| Sun Pharmaceutical Industries Ltd. | 2.18% | 2.10% | -0.08% |
| Sona BLW Precision Forgings Ltd. | 1.11% | 1.19% | +0.08% |
| FSN E-Commerce Ventures Ltd. | 2.10% | 2.02% | -0.08% |
| Pine Labs Ltd. | 0.79% | 0.87% | +0.08% |
| The Federal Bank Ltd. | 1.20% | 1.12% | -0.08% |
| Apollo Hospitals Enterprise Ltd. | 2.17% | 2.09% | -0.08% |
| Swiggy Ltd. | 1.07% | 1.00% | -0.07% |
| Indian Bank | 1.24% | 1.17% | -0.07% |
| Aurobindo Pharma Ltd. | 2.96% | 3.03% | +0.07% |
| Biocon Ltd. | 1.24% | 1.17% | -0.07% |
| Samvardhana Motherson International Ltd. | 0.99% | 1.05% | +0.05% |
| AIA Engineering Ltd. | 1.00% | 0.95% | -0.04% |
| Ajanta Pharma Ltd. | 0.67% | 0.70% | +0.04% |
| Bharti Airtel Ltd. | 1.91% | 1.94% | +0.04% |
| Urban Company Ltd. | 2.11% | 2.07% | -0.03% |
| Power Mech Projects Ltd. | 0.77% | 0.80% | +0.03% |
| Multi Commodity Exchange Of India Ltd. | 1.40% | 1.43% | +0.03% |
| DLF Ltd. | 1.09% | 1.12% | +0.03% |
| Reliance Industries Ltd. | 1.01% | 0.99% | -0.02% |
| Cummins India Ltd. | 1.13% | 1.11% | -0.02% |
| Bharat Petroleum Corporation Ltd. | 1.05% | 1.03% | -0.02% |
| Axis Bank Ltd. | 1.86% | 1.84% | -0.02% |
| Eternal Ltd. | 0.58% | 0.59% | +0.01% |
| Life Insurance Corporation of India | 2.21% | 2.20% | -0.01% |
| Grindwell Norton Ltd. | 0.35% | 0.36% | +0.01% |
| Star Cement Ltd. | 0.67% | 0.68% | +0.01% |
| Reserve Bank of India | 0.13% | 0.13% | +0.01% |
| Muthoot Finance Ltd. | 0.20% | 0.19% | -0.01% |
| Vedanta Aluminium Metal Ltd. | 1.92% | 1.92% | -0.01% |
| CCL Products (India) Ltd. | 0.52% | 0.52% | 0.00% |
| Torrent Power Ltd. | 0.05% | 0.05% | 0.00% |
| VIP Industries Ltd. | 0.43% | 0.43% | 0.00% |
| Navin Fluorine International Ltd. | 0.06% | 0.05% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹26,441 Cr | 2.01% | 15.2% | 10.1% | 15.1% |
 HDFC Flexi Cap Fund | ₹1,08,547 Cr | 1.36% | 10.6% | 9.6% | 15.2% |
 Motilal Oswal Flexi Cap Fund | ₹13,446 Cr | 1.97% | 15.3% | 9.0% | 14.7% |
 Invesco India Flexi Cap Fund | ₹5,488 Cr | 2.08% | 15.3% | 9.7% | — |
 Bank of India Flexi Cap Fund | ₹3,137 Cr | 2.29% | 13.9% | 9.8% | 15.4% |
 ITI Flexi Cap Fund | ₹1,588 Cr | 2.33% | 21.0% | 12.6% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme would invest in equities and equity related instruments of companies spanning the entire market capitalization spectrum. The fund will invest 50-90 per cent in large-cap stocks, 10-40 per cent in mid-cap stocks and upto 10 per cent in small-cap stocks.
Fund managers
- Anup UpadhyayMr. Upadhyay has done B.Tech, PGDM and CFAPrior to joining SBI Mutual Fund, he has worked with TCS
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 past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months4.63% absolute | ₹60,000 | ₹62,778 | 4.63% | |
| 1 year−0.74% annualised | ₹1,20,000 | ₹1,19,520 | −0.40% | |
| 3 years9.08% annualised | ₹3,60,000 | ₹4,15,144 | 15.32% | |
| 5 years7.01% annualised | ₹6,00,000 | ₹7,20,298 | 20.05% |
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 SBI Flexicap Fund?
The NAV of SBI Flexicap Fund is ₹110.54 as on 9 Nov 2026.
What is the expense ratio of SBI Flexicap Fund?
The expense ratio of SBI Flexicap Fund is 2.04% per year.
What is the minimum SIP amount for SBI Flexicap Fund?
You can start a SIP in SBI Flexicap Fund with ₹3,000 a month.
What returns has SBI Flexicap Fund given?
SBI Flexicap Fund has returned 4.7% over 1 year, 3.8% over 3 years and 7.5% over 5 years (annualised).
Is there a lock-in or exit load on SBI Flexicap Fund?
Lock-in: None. Exit load: Exit load of 0.10% if redeemed within 30 days..
How risky is SBI Flexicap Fund?
SBI Flexicap Fund is rated Very High on the SEBI riskometer and belongs to the Flexi Cap category.
Which fund house manages SBI Flexicap Fund?
SBI Flexicap Fund is managed by SBI Mutual Fund, which runs 80 schemes with ₹13,34,527 Cr under management.