EquityFlexi Cap FundRegularGrowthVery High

AlphaGrep Flexi Cap Fund

Q: What is the NAV of AlphaGrep Flexi Cap Fund?

As of 05 Oct 2026, the NAV of AlphaGrep Flexi Cap Fund is ₹9.83 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has AlphaGrep Flexi Cap Fund delivered?

AlphaGrep Flexi Cap Fund has returned -2.73% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund charges an expense ratio of 4.66% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund's largest holdings are HDFC Bank Ltd. (3.1%), Sun TV Network Ltd. (1.5%), Karur Vysya Bank Ltd. (1.4%), Century Plyboards (India) Ltd. (1.4%) and Endurance Technologies Ltd. (1.3%). Holdings are disclosed monthly and change over time.

Q: How risky is AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 9.0% and its worst peak-to-trough fall in our sample was -3.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund is benchmarked against the Nifty 500 Total Return Index (TRI) (As per AMFI Tier I Benchmark). Its alpha and beta on this page are measured against that index.

Q: Who manages AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund is managed by Ravneet Singh at AlphaGrep.

Q: How is AlphaGrep Flexi Cap Fund taxed?

AlphaGrep Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

AlphaGrep Mutual Fund · Best Flexi Cap Mutual Funds

NAV

₹9.83

+0.44% 1D

as of 05 Oct 2026

This is the Regular plan of AlphaGrep Flexi Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-2.73%absolute

52-week rangePrev NAV ₹9.79

Latest ₹9.83

Low ₹9.7911th percentile of its 52-week rangeHigh ₹10.19

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Flexi Cap Fund peers to rank yet

RiskLow

Volatility 9.0% vs 14.2% category avg

CostHigh

4.7% expense vs 2.2% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Flexi Cap Fund peers (9.0% vs 14.2%)

Concerns

High expense ratio (4.66%) vs the Flexi Cap Fund average of 2.24%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

4.66%

Category 2.24%▲2.42%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

23.68

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.29

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

If units are redeemed or switched out within 15 days from the date of allotment – 1% of the applicable NAV; If units are redeemed or switched out after 15 days from the date of allotment – Nil

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

Nifty 500 Total Return Index (TRI) (As per AMFI Tier I Benchmark)

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

13 Aug 2026

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.15%

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

Absolute return since 1 Jan of this year (not annualized)

-2.73%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

-2.73%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

8.99%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-3.87%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Flexi Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-3.15%	-4.41%	+1.26%
3M abs	—	-2.69%	—
6M abs	—	+9.90%	—
1Y CAGR	—	-0.79%	—
3Y CAGR	—	+10.78%	—
5Y CAGR	—	+9.00%	—

Category average across peers in Flexi Cap Fund (up to 45 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

ValueInvested

Pick a longer period to plot the path.

1 monthly installments of ₹10,000 into AlphaGrep Flexi Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Expense ratio down: 5.15% → 4.66%
02 Oct 2026

History points

Expense ratio

4.66%

Exit load

If units are redeemed or switched out within 15 days from the date of allotment – 1% of the applicable NAV; If units are redeemed or switched out after 15 days from the date of allotment – Nil

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

23.7

P/B ratio

4.2

Avg market cap

₹1,21,314Cr

P/E & P/B are portfolio-weighted harmonic means across 136 of 163 equity holdings (68% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Flexi Cap Fund

Compare all


AlphaGrep Flexi Cap FundThis fund AlphaGrep · Regular · Growth	—	—	—	—	—	4.66%	—
Bank of India Flexi Cap Fund Bank of India · Regular · Growth	★★★★☆	+7.57%	+17.00%	+14.29%	—	2.28%	₹2,414Cr
Motilal Oswal Flexi Cap Fund Motilal Oswal · Regular · Growth	★★★☆☆	+1.45%	+16.60%	+11.30%	—	2.00%	₹12,836Cr
ITI Flexi Cap Fund ITI · Regular · Growth	★★★★☆	+9.29%	+16.26%	—	—	2.31%	₹1,304Cr
360 ONE Flexicap Fund 360 One · Regular · Growth	★★★★☆	+6.57%	+15.08%	—	—	2.37%	₹2,018Cr
Invesco India Flexi Cap Fund Invesco · Regular · Growth	★★★★★	-2.05%	+14.76%	—	—	2.10%	₹4,904Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap20.5%
Mid cap25.7%
Small cap53.8%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity76.38%
Cash & Equivalents23.62%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
AlphaGrep Multi Asset Allocation Fund AlphaGrep · Multi Asset Allocation	34.2% of 35% equity	—	1.38%	—
Navi Nifty 500 Multicap 50:25:25 Index Fund Navi · Index Funds	28.5%	★★☆☆☆	0.49%	—
HDFC NIFTY500 Multicap 50:25:25 Index Fund HDFC · Index Funds	28.5%	★★★☆☆	0.33%	—
Nippon India Nifty 500 Equal Weight Index Fund Nippon India · Index Funds	28.3%	★★☆☆☆	0.49%	—
Zerodha Nifty MidSmallcap400 50:50 Index Fund Zerodha · Index Funds	26.3%	—	0.86%	—
HDFC Nifty Smallcap 250 Index Fund HDFC · Index Funds	25.6%	★★★☆☆	0.33%	+12.90%
Edelweiss Nifty Smallcap 250 Index Fund Edelweiss · Index Funds	25.6%	★★★★☆	0.25%	+13.30%
Kotak Nifty SmallCap 250 Index Fund Kotak Mahindra · Index Funds	25.6%	★★★☆☆	0.39%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

2 holdings — 0.76% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Sterlite Technologies LimitedLong-term · Stage IV0.41%
Sansera Engineering LimitedLong-term · Stage I0.35%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

AMC Profile

AlphaGrep Mutual Fund is run by the asset management arm of AlphaGrep, a quantitative trading firm. Its schemes follow systematic, rules-based strategies rather than discretionary stock picking.

Launched

10 Mar 2026

Total AUM

—

Website

alphagrepmf.ai

Fund Managers

RSRavneet SinghStart date not disclosed

Role

Fund Manager

Education

B.Tech. in Computer Science and Engineering from the Indian Institute of Technology Delhi

Experience

• AlphaGrep Investment Management Private (November 2025 - Present) • Alphagrep Securities Limited (October 2024 2025) • Microsoft India (R&D) Pvt. Ltd. (February 2021 – May 2023) • Nomura Structured Services Private Limited (Dec 2020 – Feb 2021) • Alphagrep Securities Limited (October 2015 – July 2020)

Funds managed (1)

AlphaGrep Multi Asset Allocation Fund

All schemes Ravneet Singh runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Ravneet Singh

Top holdings

HDFC Bank Ltd.Sun TV Network Ltd.Karur Vysya Bank Ltd.Century Plyboards (India) Ltd.Endurance Technologies Ltd.Dixon Technologies (India) Ltd.Premier Energies Ltd Bharat Electronics Ltd.Hero MotoCorp Ltd.BEML Ltd.JSW Steel Ltd.Aditya Birla Sun Life Amc Ltd.

AlphaGrep in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Flexi Cap funds

Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.

Frequently asked questions

What is the NAV of AlphaGrep Flexi Cap Fund?

As of 05 Oct 2026, the NAV of AlphaGrep Flexi Cap Fund is ₹9.83 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has AlphaGrep Flexi Cap Fund delivered?

AlphaGrep Flexi Cap Fund has returned -2.73% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund charges an expense ratio of 4.66% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund's largest holdings are HDFC Bank Ltd. (3.1%), Sun TV Network Ltd. (1.5%), Karur Vysya Bank Ltd. (1.4%), Century Plyboards (India) Ltd. (1.4%) and Endurance Technologies Ltd. (1.3%). Holdings are disclosed monthly and change over time.

How risky is AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 9.0% and its worst peak-to-trough fall in our sample was -3.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund is benchmarked against the Nifty 500 Total Return Index (TRI) (As per AMFI Tier I Benchmark). Its alpha and beta on this page are measured against that index.

Who manages AlphaGrep Flexi Cap Fund?

AlphaGrep Flexi Cap Fund is managed by Ravneet Singh at AlphaGrep.

How is AlphaGrep Flexi Cap Fund taxed?

AlphaGrep Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.