Table of Contents
- How to Invest in Flexi Cap Funds Online?
- Top 5 Best Performing Flexi Cap Equity Mutual Funds 2025
- Benefits of Investing in Flexi Cap Funds
- FAQs
- 1. Do Flexi-cap equity mutual funds produce better returns?
- 2. What is the SEBI mandate regarding equity investments in Flexi-cap?
- 3. How can a fund manager help you in Flexi-cap investments?
- 4. Is there any exit load if I invest in Flexi-cap mutual funds?
- 5. What are green Flexi-cap funds?
- 6. How will I identify the best performing Flexi-cap fund?
Top 5 Equity - Multi Cap Funds
Best Flexi Cap Equity Mutual Funds to Invest in 2025
Flexi cap funds are a class of Equity Funds that allows investors to diversify their Portfolio across companies of different Market capitalisation, which helps in mitigating risk and lowering Volatility.
Investors with a high-risk appetite who wish to take an exposure in equities usually incline towards Investing in flexi cap funds.
As per SEBI Rule, the flexi-cap category must invest minimum 65 percent in equity instruments. The fund manager has the flexibility to invest any proportion in stocks from large-caps, mid-cap and small-caps.
As, diversified flexi cap funds invest across market caps such as – large cap, mid cap & small cap, they master in balancing the portfolio. By investing in the best flexi cap equity funds, investors can earn slightly more stable returns, however, they would still be affected by the volatility of equities during a turbulent market condition.
To make the process of selecting a good fund easy, we have listed top best flexi-cap equity funds – that investors can take into account during their investing journey.
How to Invest in Flexi Cap Funds Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
Top 5 Best Performing Flexi Cap Equity Mutual Funds 2025
(Erstwhile BNP Paribas Dividend Yield Fund) The investment objective of the scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. High dividend yield stocks are
defined as stocks of companies that have a dividend yield in excess of 0.5%, at the time of investment. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. BNP Paribas Multi Cap Fund is a Equity - Multi Cap fund was launched on 15 Sep 05. It is a fund with Moderately High risk and has given a Below is the key information for BNP Paribas Multi Cap Fund Returns up to 1 year are on The investment objective of the scheme is to seek to generate capital appreciation and/or provide income distribution from a portfolio of predominantly equity and equity related instruments. There is no assurance or guarantee that the objectives of the scheme will be realized. IDFC Focused Equity Fund is a Equity - Multi Cap fund was launched on 16 Mar 06. It is a fund with Moderately High risk and has given a Below is the key information for IDFC Focused Equity Fund Returns up to 1 year are on (Erstwhile Principal Growth Fund) The primary investment objective of the scheme is to achieve long-term capital appreciation. Principal Multi Cap Growth Fund is a Equity - Multi Cap fund was launched on 25 Oct 00. It is a fund with Moderately High risk and has given a Below is the key information for Principal Multi Cap Growth Fund Returns up to 1 year are on (Erstwhile JM Multi Strategy Fund) The investment objective of the Scheme is to provide capital appreciation by investing in equity and equity related securities using a combination of strategies. JM Multicap Fund is a Equity - Multi Cap fund was launched on 23 Sep 08. It is a fund with Moderately High risk and has given a Below is the key information for JM Multicap Fund Returns up to 1 year are on To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. L&T Equity Fund is a Equity - Multi Cap fund was launched on 16 May 05. It is a fund with Moderately High risk and has given a Below is the key information for L&T Equity Fund Returns up to 1 year are on Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01 ₹588 -4.6 -2.6 19.3 17.3 13.6 IDFC Focused Equity Fund Growth ₹79.242
↓ -0.66 ₹1,595 -11.2 -11.6 11.5 14.7 22.1 30.3 Principal Multi Cap Growth Fund Growth ₹348.569
↓ -0.82 ₹2,417 -6.6 -12.3 9.6 14.6 26.7 19.5 JM Multicap Fund Growth ₹91.0394
↓ -0.27 ₹4,899 -12.5 -17 7.3 21.7 28.2 33.3 L&T Equity Fund Growth ₹124.542
↑ 0.00 ₹2,884 3.3 15.6 2.2 14.3 9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Mar 22 1. BNP Paribas Multi Cap Fund
CAGR/Annualized return of 12.9% since its launch. Ranked 18 in Multi Cap category. . BNP Paribas Multi Cap Fund
Growth Launch Date 15 Sep 05 NAV (13 Mar 22) ₹73.5154 ↓ -0.01 (-0.01 %) Net Assets (Cr) ₹588 on 31 Jan 22 Category Equity - Multi Cap AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.44 Sharpe Ratio 2.86 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 29 Feb 20 ₹10,000 28 Feb 21 ₹12,327 28 Feb 22 ₹15,311 Returns for BNP Paribas Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22 Duration Returns 1 Month -4.4% 3 Month -4.6% 6 Month -2.6% 1 Year 19.3% 3 Year 17.3% 5 Year 13.6% 10 Year 15 Year Since launch 12.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for BNP Paribas Multi Cap Fund
Name Since Tenure Data below for BNP Paribas Multi Cap Fund as on 31 Jan 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. IDFC Focused Equity Fund
CAGR/Annualized return of 11.5% since its launch. Ranked 13 in Multi Cap category. Return for 2024 was 30.3% , 2023 was 31.3% and 2022 was -5% . IDFC Focused Equity Fund
Growth Launch Date 16 Mar 06 NAV (28 Mar 25) ₹79.242 ↓ -0.66 (-0.82 %) Net Assets (Cr) ₹1,595 on 28 Feb 25 Category Equity - Multi Cap AMC IDFC Asset Management Company Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.13 Sharpe Ratio 0.11 Information Ratio 0.07 Alpha Ratio 8.22 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 29 Feb 20 ₹10,000 28 Feb 21 ₹12,165 28 Feb 22 ₹13,713 28 Feb 23 ₹13,191 29 Feb 24 ₹18,483 28 Feb 25 ₹19,881 Returns for IDFC Focused Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22 Duration Returns 1 Month 4.6% 3 Month -11.2% 6 Month -11.6% 1 Year 11.5% 3 Year 14.7% 5 Year 22.1% 10 Year 15 Year Since launch 11.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 30.3% 2022 31.3% 2021 -5% 2020 24.6% 2019 14.9% 2018 8.9% 2017 -12.7% 2016 54.4% 2015 1.8% 2014 -4.8% Fund Manager information for IDFC Focused Equity Fund
Name Since Tenure Manish Gunwani 2 Dec 24 0.24 Yr. Kirthi Jain 2 Dec 24 0.24 Yr. Ritika Behera 7 Oct 23 1.4 Yr. Gaurav Satra 7 Jun 24 0.73 Yr. Rahul Agarwal 2 Dec 24 0.24 Yr. Data below for IDFC Focused Equity Fund as on 28 Feb 25
Equity Sector Allocation
Sector Value Financial Services 24.08% Technology 15.77% Consumer Cyclical 12.07% Health Care 8.2% Real Estate 7.95% Utility 6.3% Industrials 5.56% Energy 4.18% Communication Services 3.6% Consumer Defensive 3.26% Asset Allocation
Asset Class Value Cash 9.04% Equity 90.96% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | HDFCBANK7% ₹116 Cr 681,364
↓ -231,300 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK6% ₹100 Cr 802,078
↓ -276,600 Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Jan 25 | PRESTIGE5% ₹89 Cr 652,890
↑ 652,890 Infosys Ltd (Technology)
Equity, Since 31 Oct 19 | INFY5% ₹83 Cr 440,306 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE4% ₹72 Cr 566,848 One97 Communications Ltd (Technology)
Equity, Since 31 Dec 24 | 5433964% ₹62 Cr 800,384
↑ 411,511 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 24 | BHARTIARTL4% ₹62 Cr 380,000
↑ 130,000 Coforge Ltd (Technology)
Equity, Since 31 May 24 | COFORGE3% ₹59 Cr 71,396
↓ -2,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 24 | LT3% ₹58 Cr 162,866
↑ 45,600 INOX Green Energy Services Ltd (Utilities)
Equity, Since 31 Aug 24 | INOXGREEN3% ₹58 Cr 3,623,188 3. Principal Multi Cap Growth Fund
CAGR/Annualized return of 15.7% since its launch. Ranked 12 in Multi Cap category. Return for 2024 was 19.5% , 2023 was 31.1% and 2022 was -1.6% . Principal Multi Cap Growth Fund
Growth Launch Date 25 Oct 00 NAV (28 Mar 25) ₹348.569 ↓ -0.82 (-0.24 %) Net Assets (Cr) ₹2,417 on 28 Feb 25 Category Equity - Multi Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.05 Sharpe Ratio -0.28 Information Ratio -0.86 Alpha Ratio 1.72 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 29 Feb 20 ₹10,000 28 Feb 21 ₹12,728 28 Feb 22 ₹16,376 28 Feb 23 ₹16,377 29 Feb 24 ₹22,806 28 Feb 25 ₹23,057 Returns for Principal Multi Cap Growth Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22 Duration Returns 1 Month 7.8% 3 Month -6.6% 6 Month -12.3% 1 Year 9.6% 3 Year 14.6% 5 Year 26.7% 10 Year 15 Year Since launch 15.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 19.5% 2022 31.1% 2021 -1.6% 2020 46.3% 2019 15% 2018 3.9% 2017 -8.7% 2016 48.7% 2015 6.4% 2014 2.8% Fund Manager information for Principal Multi Cap Growth Fund
Name Since Tenure Ratish Varier 1 Jan 22 3.16 Yr. Sudhir Kedia 1 Jan 22 3.16 Yr. Data below for Principal Multi Cap Growth Fund as on 28 Feb 25
Equity Sector Allocation
Sector Value Financial Services 19.63% Industrials 19.27% Consumer Cyclical 14.61% Technology 7.67% Energy 7.02% Health Care 6.57% Basic Materials 6.03% Communication Services 5.55% Consumer Defensive 3.65% Utility 3.09% Real Estate 1.11% Asset Allocation
Asset Class Value Cash 5.77% Equity 94.23% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK5% ₹132 Cr 778,994
↑ 32,419 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 05 | RELIANCE4% ₹106 Cr 836,759
↓ -20,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹106 Cr 843,569 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 23 | LT3% ₹92 Cr 256,848
↓ -3,894 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 24 | KOTAKBANK3% ₹74 Cr 391,704 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 24 | 5322153% ₹72 Cr 732,696
↑ 154,873 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY3% ₹67 Cr 354,987
↓ -70,863 Indian Bank (Financial Services)
Equity, Since 31 Dec 23 | 5328143% ₹67 Cr 1,197,042
↑ 25,622 KEI Industries Ltd (Industrials)
Equity, Since 31 Dec 20 | KEI2% ₹59 Cr 147,730 Amber Enterprises India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Dec 20 | AMBER2% ₹59 Cr 90,000 4. JM Multicap Fund
CAGR/Annualized return of 14.3% since its launch. Ranked 16 in Multi Cap category. Return for 2024 was 33.3% , 2023 was 40% and 2022 was 7.8% . JM Multicap Fund
Growth Launch Date 23 Sep 08 NAV (28 Mar 25) ₹91.0394 ↓ -0.27 (-0.29 %) Net Assets (Cr) ₹4,899 on 28 Feb 25 Category Equity - Multi Cap AMC JM Financial Asset Management Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.17 Sharpe Ratio -0.18 Information Ratio 1.18 Alpha Ratio 3.84 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-60 Days (1%),60 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 29 Feb 20 ₹10,000 28 Feb 21 ₹12,336 28 Feb 22 ₹14,716 28 Feb 23 ₹15,934 29 Feb 24 ₹25,188 28 Feb 25 ₹25,537 Returns for JM Multicap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22 Duration Returns 1 Month 5.3% 3 Month -12.5% 6 Month -17% 1 Year 7.3% 3 Year 21.7% 5 Year 28.2% 10 Year 15 Year Since launch 14.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 33.3% 2022 40% 2021 7.8% 2020 32.9% 2019 11.4% 2018 16.6% 2017 -5.4% 2016 39.5% 2015 10.5% 2014 -2.8% Fund Manager information for JM Multicap Fund
Name Since Tenure Satish Ramanathan 20 Aug 21 3.53 Yr. Asit Bhandarkar 1 Oct 24 0.41 Yr. Chaitanya Choksi 31 Dec 21 3.17 Yr. Ruchi Fozdar 4 Oct 24 0.41 Yr. Data below for JM Multicap Fund as on 28 Feb 25
Equity Sector Allocation
Sector Value Financial Services 27.15% Consumer Cyclical 17.58% Health Care 12.66% Industrials 10.89% Technology 10.54% Basic Materials 7.96% Consumer Defensive 5.24% Utility 2.9% Communication Services 2.57% Asset Allocation
Asset Class Value Cash 1.39% Equity 98.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 23 | HDFCBANK6% ₹322 Cr 1,895,500
↑ 150,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | ICICIBANK5% ₹260 Cr 2,075,800
↑ 350,000 Infosys Ltd (Technology)
Equity, Since 30 Nov 20 | INFY5% ₹249 Cr 1,322,750 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN4% ₹209 Cr 2,700,000
↑ 175,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jan 25 | MARUTI3% ₹182 Cr 147,679
↑ 147,679 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 24 | DRREDDY3% ₹161 Cr 1,320,801 Biocon Ltd (Healthcare)
Equity, Since 29 Feb 24 | BIOCON3% ₹160 Cr 4,420,318
↑ 400,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 Jul 24 | 5327553% ₹154 Cr 919,300
↑ 50,000 Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 30 Sep 24 | 5329773% ₹149 Cr 168,165
↑ 80,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Mar 24 | BHARTIARTL3% ₹135 Cr 830,000
↓ -170,000 5. L&T Equity Fund
CAGR/Annualized return of 15.5% since its launch. Ranked 25 in Multi Cap category. . L&T Equity Fund
Growth Launch Date 16 May 05 NAV (25 Nov 22) ₹124.542 ↑ 0.00 (0.00 %) Net Assets (Cr) ₹2,884 on 31 Oct 22 Category Equity - Multi Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.07 Sharpe Ratio -0.16 Information Ratio -1.29 Alpha Ratio -2.7 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 29 Feb 20 ₹10,000 28 Feb 21 ₹12,528 28 Feb 22 ₹14,422 Returns for L&T Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22 Duration Returns 1 Month 2.7% 3 Month 3.3% 6 Month 15.6% 1 Year 2.2% 3 Year 14.3% 5 Year 9% 10 Year 15 Year Since launch 15.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Fund Manager information for L&T Equity Fund
Name Since Tenure Data below for L&T Equity Fund as on 31 Oct 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
Benefits of Investing in Flexi Cap Funds
Some of the advantages of investing in a flexi cap/multi cap funds are as follows:
One of the biggest advantages of investing in flexi-cap funds is diversification. As these funds invest across the market cap, i.e., large, mid and Small cap funds, they diversify the portfolio. So, instead of investing in just one market cap, you can invest in flexi-cap funds and benefit from all.
The fund managers of flexi-cap funds invest in companies of all sizes based on their long-term growth potential. In order to maximize the fund's performance within defined investment objectives, the managers also change the portfolio allocations between different sectors from time to time.
As flexi-cap invests in large, mid and small cap funds, they have potential to deliver long-term consistent returns.
These funds are known to balance risk and returns well. For instance, in some market situations, if one fund fails to perform, other funds are there to balance the returns. So, investors seek the advantage of balancing the risk-and-returns from this fund.
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FAQs
1. Do Flexi-cap equity mutual funds produce better returns?
A: Flexi-cap funds produce high returns, but these are often considered high-risk funds. The primary reason for this is that these equities are often affected by market conditions leading to the ROI difference. However, if you have an appetite for risk, you can invest in some of the best performing Flexi-cap Mutual Funds, and these are known to produce excellent returns.
2. What is the SEBI mandate regarding equity investments in Flexi-cap?
A: As per the SEBI rules, it is necessary to invest 65% of the assets in large, mid, and small Capital stocks. This diversification ensures that your investment is secure and you can get a better Return on Investment.
3. How can a fund manager help you in Flexi-cap investments?
A: A fund manager can help you in evaluating a particular segment of the market. If, over time, he feels that the segment has become unattractive, then he can pull the investment from the specific segment and reinvest in another segment. This secures your investment and ensures you receive better returns.
4. Is there any exit load if I invest in Flexi-cap mutual funds?
A: All Flexi-cap funds do not levy exit loads if you leave the segment before the realization of the specific number of days. For example, a particular Flexi-cap can impose an exit load of 2% of the investment value if you switch or redeem your investment before 365 days and 1% in case you change before 763 days. However, mutual funds do not levy any exit loads if you switch assets after two years.
5. What are green Flexi-cap funds?
A: The green levy encourages companies to invest in environment-friendly technologies, and the government gives such companies various tax benefits. If your investment portfolio consists of Flexi-cap mutual funds that invest in companies that follow environment-friendly technologies.
6. How will I identify the best performing Flexi-cap fund?
A: The best way to identify the best performing fund is by checking the its past 4-year returns. For example, the Baroda Pioneer Multi-Cap Fund, which has a NAV of Rs.129.8 and a 5-year return of 19.5%, is better than the Principal Multi Cap Growth Fund, which has a NAV of Rs.178.78 and a 5-year return of 15%.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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