Best Flexi Cap Mutual 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.
Top flexi cap mutual funds by 3Y returns
20Direct plan, Growth option — ranked by 3-year CAGR. Open a fund for NAV history, rolling returns, risk metrics and peer rank.
As of 06 Oct 2026, Bank of India Flexi Cap Fund (Direct plan, Growth option) leads flexi cap mutual funds on 3-year CAGR at +18.85%, followed by ITI Flexi Cap Fund at +18.50% and Motilal Oswal Flexi Cap Fund at +18.04%. Across 46 flexi cap mutual funds the category averaged +12.27% over three years, at an average expense ratio of 1.18%. All figures are computed from public AMFI NAV history and recomputed daily; past returns do not predict future ones.
| 1 | Bank of India Flexi Cap Fund Bank of India | ★★★★☆ | +10.3% | +18.9% | +16.5% | 0.88% | ₹2,876Cr |
| 2 | ITI Flexi Cap Fund ITI | ★★★★☆ | +11.8% | +18.5% | — | 0.88% | ₹1,526Cr |
| 3 | Motilal Oswal Flexi Cap Fund Motilal Oswal | ★★☆☆☆ | +2.4% | +18.0% | +12.8% | 1.18% | ₹13,799Cr |
| 4 | 360 ONE Flexicap Fund 360 One | ★★★★☆ | +8.9% | +17.2% | — | 0.92% | ₹2,213Cr |
| 5 | Invesco India Flexi Cap Fund Invesco | ★★★★★ | -0.7% | +16.5% | — | 0.88% | ₹5,529Cr |
| 6 | Bajaj Finserv Flexi Cap Fund Bajaj Finserv | ★★★★☆ | +4.0% | +15.8% | — | 1.00% | ₹8,353Cr |
| 7 | HSBC Flexi Cap Fund HSBC | ★★★☆☆ | +5.0% | +15.5% | +12.8% | 1.30% | ₹5,806Cr |
| 8 | ICICI Prudential Flexi Cap fund ICICI Prudential | ★★★★☆ | +2.5% | +15.4% | +14.4% | 0.88% | ₹24,586Cr |
| 9 | Quant Flexi Cap Fund quant | ★★★☆☆ | +9.0% | +15.0% | +13.9% | 1.07% | ₹7,340Cr |
| 10 | HDFC Flexi Cap Fund HDFC | ★★★★★ | -2.2% | +14.9% | +15.7% | 0.77% | ₹1,10,925Cr |
| 11 | Aditya Birla Sun Life Flexi Cap Fund Aditya Birla Sun Life | ★★★★☆ | +5.8% | +14.4% | +11.0% | 0.89% | ₹28,241Cr |
| 12 | JM Flexi Cap Fund JM Financial | ★★★☆☆ | +0.4% | +13.9% | +14.6% | 1.07% | ₹5,204Cr |
| 13 | WhiteOak Capital Flexi Cap Fund WhiteOak Capital | ★★★★★ | +1.8% | +13.8% | — | 0.82% | ₹9,275Cr |
| 14 | Edelweiss Flexi Cap Fund Edelweiss | ★★★★☆ | -1.6% | +13.5% | +11.9% | 0.77% | ₹3,616Cr |
| 15 | Axis Flexi Cap Fund Axis | ★★★☆☆ | +3.4% | +13.0% | +8.4% | 0.85% | ₹13,588Cr |
| 16 | Parag Parikh Flexi Cap Fund PPFAS | ★★★★★ | -4.2% | +12.5% | +11.2% | 0.69% | ₹1,47,064Cr |
| 17 | Mirae Asset Flexi Cap Fund Mirae Asset | ★★★☆☆ | +1.5% | +11.9% | — | 0.74% | ₹4,423Cr |
| 18 | Baroda BNP Paribas Flexi Cap Fund Baroda BNP Paribas | ★★☆☆☆ | +0.8% | +11.8% | — | 1.29% | ₹1,250Cr |
| 19 | Taurus Flexi Cap Fund Taurus | ★☆☆☆☆ | +8.6% | +11.7% | +10.3% | 2.69% | ₹373.03Cr |
| 20 | Navi Flexi Cap Fund Navi | ★★★☆☆ | +8.5% | +11.3% | +11.0% | 0.70% | ₹289.48Cr |
NAV data as of 06 Oct 2026. Returns are CAGR for periods ≥1 year, computed from AMFI NAV history. Ratings are WealthTicker’s own, ranked within sub-category peers — not a SEBI or agency rating. See our methodology for every formula. This is data, not investment advice.
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Frequently asked questions
What are flexi cap mutual 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.
Which is the best flexi cap fund right now?
Bank of India Flexi Cap Fund by Bank of India currently ranks first among flexi cap mutual funds by 3-year CAGR at +18.85%. Rankings move with NAVs — past returns don't guarantee future performance.
What returns have flexi cap mutual funds given?
The category has averaged +0.74% over 1 year, +12.27% annualized over 3 years, +10.61% annualized over 5 years — peer averages over the live funds in the category, computed from AMFI NAV history.
How are flexi cap mutual funds taxed?
Equity taxation: gains within 1 year are short-term and taxed at 20%; beyond 1 year, long-term gains above ₹1.25 lakh a year are taxed at 12.5%.