Flexicap mutual funds are a type of equity mutual fund that enjoy the liberty to invest across all market capitalisations—large cap, mid cap, and small cap—in any proportion. This flexibility allows fund managers to adapt to market conditions by shifting allocations based on where they see opportunities or risks, without being restricted to a particular segment.
The term ‘flexicap’ comes from their investment style—flexible capitalisation. Unlike large-cap, mid-cap, or small-cap funds, these schemes are not bound to one market category. A flexicap fund might be heavily invested in large caps during volatile markets for stability, or tilt towards mid and small caps when seeking higher growth potential during bullish phases.
Over the past month, several flexicap and focused equity funds have outperformed with notable returns above 7.5%. Below is the performance data of some of these schemes.
Funds | AUM(in ₹. cr) | Expense Ratio (%) | Benchmark Index | NAV in ₹ | Returns from March 15 to April 16 in % |
Baroda BNP Paribas Focused Fund | 634.3 | 2.28 | NIFTY 500 – TRI | 20.59 | 9.41 |
Helios Flexi Cap Fund | 2,779.3 | 1.93 | NIFTY 500 – TRI | 13.18 | 8.03 |
Tata Flexi Cap Fund | 2,967.4 | 1.95 | NIFTY 500 – TRI | 22.75 | 7.78 |
Nippon India Focused Equity Fund | 7,921.7 | 1.87 | BSE 500 – TRI | 112.11 | 7.68 |
Invesco India Flexi Cap Fund | 2,572.6 | 1.95 | BSE 500 – TRI | 16.96 | 7.55 |
Baroda BNP Paribas Flexi Cap Fund | 1,190.5 | 2.16 | NIFTY 500 – TRI | 14.41 | 7.51 |
Note: NAV as of April 16, 2025.
While past returns are not indicative of future performance, the recent 1-month surge in these funds offers insights into how flexicap strategies can perform across market cycles. Their ability to adapt to changing conditions without any restriction on market capitalisation makes them versatile instruments for fund managers.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 17, 2025, 3:04 PM IST
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