SBI Flexicap Fund
Flexi CapVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹107.40+0.22%1 day
- Return since launch
- 12.0%
- 52-week range
- ₹97.16 — ₹114.13
- AUM
- ₹23,235 Cr
SBI Flexicap Fund is a Flexi Cap equity fund from SBI Mutual Fund with ₹23,235 Cr under management, launched in 2005. Over three years it has returned 2.6% a year, against 11.5% for its category. The expense ratio is 2.06% 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 +0.4% against +1.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -1.6% | −4.4 pts | 2.8% | 0.2% |
| 2Y | 0.2% | −3.1 pts | 3.3% | 1.1% |
| 3Y | 2.6% | −8.9 pts | 11.5% | 3.8% |
| 5Y | 7.0% | −2.8 pts | 9.8% | 9.1% |
| 7Y | 10.3% | −2.9 pts | 13.2% | 11.8% |
| 10Y | 10.7% | −2.2 pts | 12.8% | 11.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.3% | +1.0 pts | -3.3% | -3.3% |
| 3M | 0.7% | −0.1 pts | 0.8% | 0.5% |
| 6M | 8.2% | −3.8 pts | 12.0% | 11.1% |
| 1Y | -0.8% | −3.6 pts | 2.8% | -0.2% |
| 2Y | -3.5% | −1.8 pts | -1.6% | -3.2% |
| 3Y | 7.8% | −3.7 pts | 11.5% | 10.1% |
| 5Y | 6.9% | −2.9 pts | 9.8% | 8.7% |
| 7Y | 11.5% | −2.9 pts | 14.4% | 12.4% |
| 10Y | 11.0% | −1.8 pts | 12.8% | 10.9% |
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 22 Sep 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 | -1.98 | 5.64 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.86 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.30 | 0.74 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.34 | 0.98 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.46 | 17.32 | 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 31 Aug 2026
Asset allocation
- Equity98.7%
- Debt0.1%
- Other1.2%
Market cap split
- Large61.7%
- Mid23.9%
- Small14.3%
- P/E
- 23.13
- P/B
- 3.43
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 7.22% | ₹1,677 Cr | +5.50% | +5.89% | +7.27% |
| HDFC Bank Ltd. | Financial | 5.95% | ₹1,382 Cr | +8.48% | +11.39% | +16.24% |
| Larsen & Toubro Ltd. | Construction | 3.86% | ₹898 Cr | +4.04% | +4.77% | +4.25% |
| Bajaj Auto Ltd. | Automobile | 3.85% | ₹895 Cr | +3.56% | — | — |
| Coforge Ltd. | Technology | 2.97% | ₹690 Cr | — | — | — |
| Aurobindo Pharma Ltd. | Healthcare | 2.96% | ₹688 Cr | +2.55% | — | — |
| Eicher Motors Ltd. | Automobile | 2.60% | ₹605 Cr | +1.85% | +3.36% | +2.71% |
| JSW Infrastructure Ltd. | Services | 2.55% | ₹592 Cr | — | — | — |
| State Bank of India | Financial | 2.28% | ₹529 Cr | +2.15% | — | — |
| company:5765 | Insurance | 2.21% | ₹514 Cr | — | — | — |
| Titan Company Ltd. | Consumer Discretionary | 2.21% | ₹514 Cr | +0.90% | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.18% | ₹506 Cr | +2.05% | +1.00% | +0.98% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.17% | ₹503 Cr | +1.95% | — | — |
| company:20131 | Consumer Staples | 2.11% | ₹490 Cr | — | — | — |
| FSN E-Commerce Ventures Ltd. | Services | 2.10% | ₹488 Cr | — | — | — |
| Alphabet Inc Class A | Services | 1.99% | ₹462 Cr | — | — | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.92% | ₹447 Cr | +0.32% | — | — |
| Bharti Airtel Ltd. | Communication | 1.91% | ₹443 Cr | +0.99% | -0.92% | +3.84% |
| Axis Bank Ltd. | Financial | 1.86% | ₹431 Cr | +4.49% | +5.65% | +2.46% |
| AU Small Finance Bank Ltd. | Financial | 1.80% | ₹418 Cr | — | — | — |
| Varun Beverages Ltd. | Consumer Staples | 1.78% | ₹415 Cr | +1.12% | — | — |
| Divi's Laboratories Ltd. | Healthcare | 1.59% | ₹370 Cr | +0.92% | — | — |
| Pearl Global Industries Ltd. | Textiles | 1.50% | ₹349 Cr | +1.04% | +0.84% | — |
| company:14552 | Services | 1.46% | ₹339 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 1.41% | ₹328 Cr | +1.25% | +1.37% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 1.40% | ₹326 Cr | +0.41% | +1.52% | — |
| Biocon Ltd. | Healthcare | 1.24% | ₹288 Cr | +1.34% | +1.17% | — |
| company:5434 | Financial | 1.24% | ₹288 Cr | — | — | — |
| The Federal Bank Ltd. | Financial | 1.20% | ₹279 Cr | +1.01% | — | — |
| NMDC Ltd. | Metals & Mining | 1.19% | ₹276 Cr | +1.23% | — | — |
| Others | Others | 1.19% | ₹276 Cr | +1.20% | +2.82% | +0.06% |
| Cummins India Ltd. | Capital Goods | 1.13% | ₹263 Cr | +1.35% | +1.08% | — |
| NVIDIA Corporation (USA) | Capital Goods | 1.12% | ₹259 Cr | — | +0.98% | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.11% | ₹257 Cr | +0.72% | +0.61% | +0.53% |
| DLF Ltd. | Construction | 1.09% | ₹254 Cr | — | — | — |
| HDFC Asset Management Company Ltd. | Financial | 1.08% | ₹252 Cr | +1.15% | +2.21% | — |
| Nuvoco Vistas Corporation Ltd. | Materials | 1.07% | ₹250 Cr | +1.22% | +1.47% | +2.63% |
| Swiggy Ltd. | Services | 1.07% | ₹248 Cr | +1.01% | +1.14% | — |
| Bharat Petroleum Corporation Ltd. | Energy | 1.05% | ₹243 Cr | +1.99% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.04% | ₹243 Cr | +0.99% | +3.57% | +5.39% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.02% | ₹236 Cr | +1.19% | — | — |
| Reliance Industries Ltd. | Energy | 1.01% | ₹234 Cr | +1.93% | +2.93% | +4.89% |
| company:3403 | Metals & Mining | 1.00% | ₹233 Cr | +1.90% | — | — |
| Ashok Leyland Ltd. | Automobile | 1.00% | ₹232 Cr | +0.92% | +1.20% | — |
| AIA Engineering Ltd. | Metals & Mining | 1.00% | ₹232 Cr | +1.10% | +0.90% | +0.76% |
| Samvardhana Motherson International Ltd. | Automobile | 0.99% | ₹231 Cr | — | — | — |
| RBL Bank Ltd. | Financial | 0.99% | ₹230 Cr | +0.70% | — | — |
| Emcure Pharmaceuticals Ltd. | Healthcare | 0.90% | ₹209 Cr | +0.86% | — | — |
| Kingfa Science & Technology (India) Ltd. | Chemicals | 0.90% | ₹209 Cr | +0.85% | +0.64% | — |
| Bandhan Bank Ltd. | Financial | 0.90% | ₹208 Cr | +1.19% | — | — |
| JSW Energy Ltd. | Capital Goods | 0.87% | ₹202 Cr | +0.82% | — | — |
| Carborundum Universal Ltd. | Metals & Mining | 0.84% | ₹196 Cr | +0.81% | +0.64% | +0.75% |
| Pine Labs Ltd. | Financial | 0.79% | ₹184 Cr | +0.30% | +0.38% | — |
| Power Mech Projects Ltd. | Construction | 0.77% | ₹179 Cr | +0.63% | +0.45% | — |
| Aptus Value Housing Finance India Ltd. | Financial | 0.76% | ₹176 Cr | +0.82% | +0.74% | +1.02% |
| Star Cement Ltd. | Materials | 0.67% | ₹156 Cr | +0.96% | +0.90% | +1.27% |
| Ajanta Pharma Ltd. | Healthcare | 0.67% | ₹155 Cr | +0.56% | — | — |
| Eternal Ltd. | Services | 0.58% | ₹135 Cr | +0.46% | +0.43% | — |
| CCL Products (India) Ltd. | Consumer Staples | 0.52% | ₹122 Cr | +0.53% | 0.00% | — |
| JSW Cement Ltd. | Materials | 0.46% | ₹107 Cr | +0.51% | +0.47% | +0.59% |
| VIP Industries Ltd. | Consumer Discretionary | 0.43% | ₹99.06 Cr | +0.43% | +0.74% | +0.92% |
| Grindwell Norton Ltd. | Metals & Mining | 0.35% | ₹80.92 Cr | +0.33% | +0.29% | +0.28% |
| Berger Paints India Ltd. | Materials | 0.26% | ₹59.99 Cr | +0.44% | +0.39% | +0.48% |
| Muthoot Finance Ltd. | Financial | 0.20% | ₹45.35 Cr | +1.20% | +1.99% | +2.13% |
| Maruti Suzuki India Ltd. | Automobile | 0.14% | ₹31.66 Cr | +0.97% | +2.05% | +4.53% |
| Reserve Bank of India | Financial | 0.13% | ₹29.66 Cr | +0.22% | +0.21% | +0.23% |
| Power Finance Corporation Ltd. | Financial | 0.10% | ₹23.56 Cr | +2.21% | — | — |
| Navin Fluorine International Ltd. | Chemicals | 0.06% | ₹12.79 Cr | — | — | — |
| Torrent Power Ltd. | Energy | 0.05% | ₹10.58 Cr | +0.06% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 5.61% | 0.40% | -5.21% |
| company:5765 | 0.00% | 2.21% | +2.21% |
| company:20131 | 0.00% | 2.11% | +2.11% |
| Power Finance Corporation Ltd. | 2.14% | 0.10% | -2.04% |
| company:14552 | 0.00% | 1.46% | +1.46% |
| company:5434 | 0.00% | 1.24% | +1.24% |
| ICICI Lombard General Insurance Company Ltd. | 1.06% | 0.00% | -1.06% |
| Max Financial Services Ltd. | 1.00% | 0.00% | -1.00% |
| Axis Bank Ltd. | 2.79% | 1.86% | -0.93% |
| Maruti Suzuki India Ltd. | 1.03% | 0.14% | -0.89% |
| Bharti Airtel Ltd. | 1.04% | 1.91% | +0.87% |
| Reliance Industries Ltd. | 1.87% | 1.01% | -0.86% |
| Vedanta Aluminium Metal Ltd. | 1.19% | 1.92% | +0.73% |
| company:3403 | 0.00% | 0.50% | +0.50% |
| Coforge Ltd. | 2.61% | 2.97% | +0.36% |
| Others | 0.02% | 0.34% | +0.32% |
| Reserve Bank of India | 0.44% | 0.13% | -0.31% |
| JSW Infrastructure Ltd. | 2.85% | 2.55% | -0.30% |
| Multi Commodity Exchange Of India Ltd. | 1.13% | 1.40% | +0.27% |
| Varun Beverages Ltd. | 2.04% | 1.78% | -0.26% |
| Pearl Global Industries Ltd. | 1.28% | 1.50% | +0.22% |
| Divi's Laboratories Ltd. | 1.38% | 1.59% | +0.21% |
| Berger Paints India Ltd. | 0.45% | 0.26% | -0.19% |
| Aurobindo Pharma Ltd. | 2.77% | 2.96% | +0.19% |
| Bajaj Auto Ltd. | 3.71% | 3.85% | +0.14% |
| Alphabet Inc Class A | 2.12% | 1.99% | -0.13% |
| Pine Labs Ltd. | 0.68% | 0.79% | +0.11% |
| Kingfa Science & Technology (India) Ltd. | 0.79% | 0.90% | +0.11% |
| Cummins India Ltd. | 1.24% | 1.13% | -0.11% |
| Nuvoco Vistas Corporation Ltd. | 1.18% | 1.07% | -0.11% |
| Samvardhana Motherson International Ltd. | 0.89% | 0.99% | +0.10% |
| DLF Ltd. | 0.99% | 1.09% | +0.10% |
| AIA Engineering Ltd. | 1.09% | 1.00% | -0.09% |
| NVIDIA Corporation (USA) | 1.03% | 1.12% | +0.09% |
| Adani Ports and Special Economic Zone Ltd. | 1.10% | 1.02% | -0.08% |
| Star Cement Ltd. | 0.75% | 0.67% | -0.08% |
| Bandhan Bank Ltd. | 0.97% | 0.90% | -0.07% |
| JSW Energy Ltd. | 0.94% | 0.87% | -0.07% |
| FSN E-Commerce Ventures Ltd. | 2.03% | 2.10% | +0.07% |
| Titan Company Ltd. | 2.14% | 2.21% | +0.07% |
| Emcure Pharmaceuticals Ltd. | 0.97% | 0.90% | -0.07% |
| Shriram Finance Ltd | 1.35% | 1.41% | +0.06% |
| Biocon Ltd. | 1.30% | 1.24% | -0.06% |
| Kotak Mahindra Bank Ltd. | 0.99% | 1.04% | +0.05% |
| Aptus Value Housing Finance India Ltd. | 0.81% | 0.76% | -0.05% |
| JSW Cement Ltd. | 0.51% | 0.46% | -0.05% |
| CCL Products (India) Ltd. | 0.57% | 0.52% | -0.05% |
| Sona BLW Precision Forgings Ltd. | 1.06% | 1.11% | +0.05% |
| Larsen & Toubro Ltd. | 3.82% | 3.86% | +0.04% |
| Apollo Hospitals Enterprise Ltd. | 2.21% | 2.17% | -0.04% |
| Sun Pharmaceutical Industries Ltd. | 2.22% | 2.18% | -0.04% |
| Eternal Ltd. | 0.54% | 0.58% | +0.04% |
| AU Small Finance Bank Ltd. | 1.76% | 1.80% | +0.04% |
| Ashok Leyland Ltd. | 0.96% | 1.00% | +0.04% |
| State Bank of India | 2.24% | 2.28% | +0.04% |
| The Federal Bank Ltd. | 1.23% | 1.20% | -0.03% |
| NMDC Ltd. | 1.16% | 1.19% | +0.03% |
| Carborundum Universal Ltd. | 0.82% | 0.84% | +0.02% |
| Swiggy Ltd. | 1.09% | 1.07% | -0.02% |
| Grindwell Norton Ltd. | 0.37% | 0.35% | -0.02% |
| Ajanta Pharma Ltd. | 0.65% | 0.67% | +0.02% |
| HDFC Asset Management Company Ltd. | 1.10% | 1.08% | -0.02% |
| Muthoot Finance Ltd. | 0.21% | 0.20% | -0.01% |
| ICICI Bank Ltd. | 7.23% | 7.22% | -0.01% |
| INDO-MIM Ltd. | 0.01% | 0.00% | -0.01% |
| VIP Industries Ltd. | 0.42% | 0.43% | +0.01% |
| Navin Fluorine International Ltd. | 0.05% | 0.06% | +0.01% |
| Eicher Motors Ltd. | 2.60% | 2.60% | 0.00% |
| Torrent Power Ltd. | 0.05% | 0.05% | 0.00% |
| Bharat Petroleum Corporation Ltd. | 1.05% | 1.05% | 0.00% |
| RBL Bank Ltd. | 0.99% | 0.99% | 0.00% |
| Power Mech Projects Ltd. | 0.77% | 0.77% | 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 | ₹5,332 Cr | 2.22% | 12.6% | 9.9% | 15.4% |
 Motilal Oswal Flexi Cap Fund | ₹14,160 Cr | 2.05% | 12.7% | 9.4% | 14.8% |
 Invesco India Flexi Cap Fund | ₹5,709 Cr | 2.07% | 5.3% | 7.8% | — |
 Bank of India Flexi Cap Fund | ₹2,953 Cr | 2.25% | 13.8% | 10.7% | 16.1% |
 360 ONE FlexiCap Fund | ₹2,250 Cr | 2.38% | 14.8% | 10.0% | — |
 ITI Flexi Cap Fund | ₹1,588 Cr | 2.34% | 16.6% | 11.7% | — |
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 months8.23% absolute | ₹60,000 | ₹64,938 | 8.23% | |
| 1 year−0.81% annualised | ₹1,20,000 | ₹1,19,475 | −0.44% | |
| 3 years7.81% annualised | ₹3,60,000 | ₹4,06,827 | 13.01% | |
| 5 years6.93% annualised | ₹6,00,000 | ₹7,18,760 | 19.79% |
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 ₹107.40 as on 25 Sep 2026.
What is the expense ratio of SBI Flexicap Fund?
The expense ratio of SBI Flexicap Fund is 2.06% 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 -1.6% over 1 year, 2.6% over 3 years and 7.0% 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 ₹12,81,381 Cr under management.