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Best Flexi Cap Equity Mutual Funds to Invest in 2026

Updated on February 22, 2026 , 58794 views

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.

flexi-cap

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?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

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Fund Selection Methodology used to find 5 funds

  • Category: Equity
  • Sub-category: Multi%20Cap
  • AUM Range: 500%20TO%205000 Cr
  • Sorted On : drat (high to low)
  • No Of Funds: 5

Top 5 Best Performing Flexi Cap Equity Mutual Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2024 (%)
BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01
₹588-4.6-2.619.317.313.6
Bandhan Focused Equity Fund Growth ₹86.248
↓ -0.98
₹1,994-2.4-1.310.719.312.6-1.6
Baroda Pioneer Multi Cap Fund Growth ₹282.197
↓ -1.34
₹3,048-2.5-1.910.418.716.5-2.8
LIC MF Multi Cap Fund Growth ₹97.9668
↓ -1.06
₹1,010-4.7-0.813.61511.22
Invesco India Multicap Fund Growth ₹122.58
↓ -1.02
₹3,934-5.1-6.65.816.914.1-6.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Mar 22

Research Highlights & Commentary of 5 Funds showcased

CommentaryBNP Paribas Multi Cap FundBandhan Focused Equity FundBaroda Pioneer Multi Cap FundLIC MF Multi Cap FundInvesco India Multicap Fund
Point 1Bottom quartile AUM (₹588 Cr).Lower mid AUM (₹1,994 Cr).Upper mid AUM (₹3,048 Cr).Bottom quartile AUM (₹1,010 Cr).Highest AUM (₹3,934 Cr).
Point 2Established history (20+ yrs).Established history (19+ yrs).Established history (22+ yrs).Oldest track record among peers (27 yrs).Established history (17+ yrs).
Point 3Top rated.Rating: 4★ (upper mid).Rating: 3★ (lower mid).Rating: 2★ (bottom quartile).Rating: 2★ (bottom quartile).
Point 4Risk profile: Moderately High.Risk profile: Moderately High.Risk profile: Moderately High.Risk profile: Moderately High.Risk profile: Moderately High.
Point 55Y return: 13.57% (lower mid).5Y return: 12.61% (bottom quartile).5Y return: 16.53% (top quartile).5Y return: 11.24% (bottom quartile).5Y return: 14.14% (upper mid).
Point 63Y return: 17.28% (lower mid).3Y return: 19.34% (top quartile).3Y return: 18.66% (upper mid).3Y return: 15.02% (bottom quartile).3Y return: 16.90% (bottom quartile).
Point 71Y return: 19.34% (top quartile).1Y return: 10.66% (lower mid).1Y return: 10.40% (bottom quartile).1Y return: 13.60% (upper mid).1Y return: 5.85% (bottom quartile).
Point 8Alpha: 0.00 (top quartile).Alpha: -4.06 (lower mid).Alpha: -5.14 (bottom quartile).Alpha: -3.42 (upper mid).Alpha: -10.63 (bottom quartile).
Point 9Sharpe: 2.86 (top quartile).Sharpe: -0.12 (lower mid).Sharpe: -0.21 (bottom quartile).Sharpe: -0.02 (upper mid).Sharpe: -0.50 (bottom quartile).
Point 10Information ratio: 0.00 (upper mid).Information ratio: 0.36 (top quartile).Information ratio: -0.23 (lower mid).Information ratio: -0.29 (bottom quartile).Information ratio: -0.71 (bottom quartile).

BNP Paribas Multi Cap Fund

  • Bottom quartile AUM (₹588 Cr).
  • Established history (20+ yrs).
  • Top rated.
  • Risk profile: Moderately High.
  • 5Y return: 13.57% (lower mid).
  • 3Y return: 17.28% (lower mid).
  • 1Y return: 19.34% (top quartile).
  • Alpha: 0.00 (top quartile).
  • Sharpe: 2.86 (top quartile).
  • Information ratio: 0.00 (upper mid).

Bandhan Focused Equity Fund

  • Lower mid AUM (₹1,994 Cr).
  • Established history (19+ yrs).
  • Rating: 4★ (upper mid).
  • Risk profile: Moderately High.
  • 5Y return: 12.61% (bottom quartile).
  • 3Y return: 19.34% (top quartile).
  • 1Y return: 10.66% (lower mid).
  • Alpha: -4.06 (lower mid).
  • Sharpe: -0.12 (lower mid).
  • Information ratio: 0.36 (top quartile).

Baroda Pioneer Multi Cap Fund

  • Upper mid AUM (₹3,048 Cr).
  • Established history (22+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderately High.
  • 5Y return: 16.53% (top quartile).
  • 3Y return: 18.66% (upper mid).
  • 1Y return: 10.40% (bottom quartile).
  • Alpha: -5.14 (bottom quartile).
  • Sharpe: -0.21 (bottom quartile).
  • Information ratio: -0.23 (lower mid).

LIC MF Multi Cap Fund

  • Bottom quartile AUM (₹1,010 Cr).
  • Oldest track record among peers (27 yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 11.24% (bottom quartile).
  • 3Y return: 15.02% (bottom quartile).
  • 1Y return: 13.60% (upper mid).
  • Alpha: -3.42 (upper mid).
  • Sharpe: -0.02 (upper mid).
  • Information ratio: -0.29 (bottom quartile).

Invesco India Multicap Fund

  • Highest AUM (₹3,934 Cr).
  • Established history (17+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 14.14% (upper mid).
  • 3Y return: 16.90% (bottom quartile).
  • 1Y return: 5.85% (bottom quartile).
  • Alpha: -10.63 (bottom quartile).
  • Sharpe: -0.50 (bottom quartile).
  • Information ratio: -0.71 (bottom quartile).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.
112358
MCA CIN
U74999MH2016PTC282153
Location
Thane, Maharashtra, India
Experience
10+ years in Mutual Fund distribution

Our Expertise

  • Certified Mutual Fund Distributors with hands-on advisory experience.
  • Market analysts tracking performance, macro trends, and sectors.
  • Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

  • Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
  • Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
  • Expert review: Senior team members review every article and list for accuracy.
  • Updates: Regular refreshes so performance data reflects current market conditions.

Why Trust Us

  • Regulated & compliant: AMFI-registered and MCA-incorporated.
  • Investor-first: No pay-to-promote lists; suitability and performance drive coverage.
  • Education-focused: We simplify complex concepts for everyday investors.

Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

*Above is list of funds having Net Assets above 500 Crore

1. BNP Paribas Multi Cap Fund

(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.

Research Highlights for BNP Paribas Multi Cap Fund

  • Bottom quartile AUM (₹588 Cr).
  • Established history (20+ yrs).
  • Top rated.
  • Risk profile: Moderately High.
  • 5Y return: 13.57% (lower mid).
  • 3Y return: 17.28% (lower mid).
  • 1Y return: 19.34% (top quartile).
  • Alpha: 0.00 (top quartile).
  • Sharpe: 2.86 (top quartile).
  • Information ratio: 0.00 (upper mid).

Below is the key information for BNP Paribas Multi Cap Fund

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.

DateValue
31 Jan 21₹10,000
31 Jan 22₹14,004

BNP Paribas Multi Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for BNP Paribas Multi Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22

DurationReturns
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
YearReturns
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Fund Manager information for BNP Paribas Multi Cap Fund
NameSinceTenure

Data below for BNP Paribas Multi Cap Fund as on 31 Jan 22

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

2. Bandhan Focused Equity Fund

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.

Research Highlights for Bandhan Focused Equity Fund

  • Lower mid AUM (₹1,994 Cr).
  • Established history (19+ yrs).
  • Rating: 4★ (upper mid).
  • Risk profile: Moderately High.
  • 5Y return: 12.61% (bottom quartile).
  • 3Y return: 19.34% (top quartile).
  • 1Y return: 10.66% (lower mid).
  • Alpha: -4.06 (lower mid).
  • Sharpe: -0.12 (lower mid).
  • Information ratio: 0.36 (top quartile).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~99%).
  • Largest holding Power Finance Corp Ltd (~8.8%).

Below is the key information for Bandhan Focused Equity Fund

Bandhan Focused Equity Fund
Growth
Launch Date 16 Mar 06
NAV (24 Feb 26) ₹86.248 ↓ -0.98   (-1.12 %)
Net Assets (Cr) ₹1,994 on 31 Jan 26
Category Equity - Multi Cap
AMC IDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 2.1
Sharpe Ratio -0.12
Information Ratio 0.36
Alpha Ratio -4.06
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.

DateValue
31 Jan 21₹10,000
31 Jan 22₹12,429
31 Jan 23₹11,501
31 Jan 24₹15,910
31 Jan 25₹18,750
31 Jan 26₹19,365

Bandhan Focused Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for Bandhan Focused Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22

DurationReturns
1 Month 3.6%
3 Month -2.4%
6 Month -1.3%
1 Year 10.7%
3 Year 19.3%
5 Year 12.6%
10 Year
15 Year
Since launch 11.4%
Historical performance (Yearly) on absolute basis
YearReturns
2024 -1.6%
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%
Fund Manager information for Bandhan Focused Equity Fund
NameSinceTenure
Manish Gunwani2 Dec 241.17 Yr.
Kirthi Jain2 Dec 241.17 Yr.
Ritika Behera7 Oct 232.32 Yr.
Gaurav Satra7 Jun 241.65 Yr.
Rahul Agarwal2 Dec 241.17 Yr.

Data below for Bandhan Focused Equity Fund as on 31 Jan 26

Equity Sector Allocation
SectorValue
Financial Services34.88%
Consumer Defensive16.12%
Health Care15.61%
Technology8.25%
Real Estate6.45%
Consumer Cyclical4.58%
Industrials3.77%
Energy2.5%
Basic Materials2.3%
Communication Services2.27%
Utility2.22%
Asset Allocation
Asset ClassValue
Cash1.06%
Equity98.94%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 25 | PFC
9%₹176 Cr4,645,723
↑ 33,000
LT Foods Ltd (Consumer Defensive)
Equity, Since 30 Jun 25 | LTFOODS
8%₹150 Cr4,026,628
↑ 82,637
State Bank of India (Financial Services)
Equity, Since 31 Jul 25 | SBIN
6%₹125 Cr1,162,050
↓ -169,116
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 19 | HDFCBANK
6%₹121 Cr1,302,728
Jubilant Pharmova Ltd (Healthcare)
Equity, Since 31 Jul 25 | JUBLPHARMA
5%₹96 Cr982,101
↑ 26,879
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
5%₹96 Cr710,586
Glenmark Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Dec 24 | GLENMARK
4%₹89 Cr442,894
Prestige Estates Projects Ltd (Real Estate)
Equity, Since 31 Jan 25 | PRESTIGE
4%₹77 Cr524,887
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Dec 24 | LT
4%₹75 Cr191,166
Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 31 May 25 | CHOLAHLDNG
4%₹72 Cr435,719
↑ 10,000

3. Baroda Pioneer Multi Cap Fund

(Erstwhile Baroda Pioneer Growth Fund)

To generate long term capital appreciation from an actively managed portfolio of equity & equity related instruments.

Research Highlights for Baroda Pioneer Multi Cap Fund

  • Upper mid AUM (₹3,048 Cr).
  • Established history (22+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderately High.
  • 5Y return: 16.53% (top quartile).
  • 3Y return: 18.66% (upper mid).
  • 1Y return: 10.40% (bottom quartile).
  • Alpha: -5.14 (bottom quartile).
  • Sharpe: -0.21 (bottom quartile).
  • Information ratio: -0.23 (lower mid).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~95%).
  • High-quality debt (AAA/AA ~100%).
  • Largest holding HDFC Bank Ltd (~3.9%).

Below is the key information for Baroda Pioneer Multi Cap Fund

Baroda Pioneer Multi Cap Fund
Growth
Launch Date 12 Sep 03
NAV (24 Feb 26) ₹282.197 ↓ -1.34   (-0.47 %)
Net Assets (Cr) ₹3,048 on 31 Jan 26
Category Equity - Multi Cap
AMC Baroda Pioneer Asset Management Co. Ltd.
Rating
Risk Moderately High
Expense Ratio 2
Sharpe Ratio -0.21
Information Ratio -0.23
Alpha Ratio -5.14
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 21₹10,000
31 Jan 22₹14,760
31 Jan 23₹14,535
31 Jan 24₹19,818
31 Jan 25₹23,272
31 Jan 26₹23,602

Baroda Pioneer Multi Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689
Invest Now

Returns for Baroda Pioneer Multi Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22

DurationReturns
1 Month 3.7%
3 Month -2.5%
6 Month -1.9%
1 Year 10.4%
3 Year 18.7%
5 Year 16.5%
10 Year
15 Year
Since launch 16%
Historical performance (Yearly) on absolute basis
YearReturns
2024 -2.8%
2023 31.7%
2022 30.8%
2021 -3%
2020 47.9%
2019 19.5%
2018 8.9%
2017 -11.9%
2016 36.8%
2015 2.3%
Fund Manager information for Baroda Pioneer Multi Cap Fund
NameSinceTenure
Sanjay Chawla1 Nov 1510.26 Yr.
Kirtan Mehta29 Nov 250.18 Yr.

Data below for Baroda Pioneer Multi Cap Fund as on 31 Jan 26

Equity Sector Allocation
SectorValue
Financial Services25.52%
Consumer Cyclical17.08%
Industrials11.5%
Basic Materials10.27%
Health Care9.16%
Technology8.49%
Consumer Defensive4.36%
Energy4.36%
Communication Services2.58%
Real Estate1.25%
Utility0.85%
Asset Allocation
Asset ClassValue
Cash3.44%
Equity95.42%
Debt1.11%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | HDFCBANK
4%₹118 Cr1,269,472
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE
3%₹98 Cr700,000
↑ 30,000
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Jun 24 | NAVINFLUOR
3%₹79 Cr130,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 19 | BHARTIARTL
3%₹79 Cr400,000
↑ 150,000
Sagility Ltd (Healthcare)
Equity, Since 30 Nov 24 | SAGILITY
3%₹79 Cr15,751,261
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Jan 25 | 590003
3%₹78 Cr2,600,000
IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Nov 25 | INDUSINDBK
2%₹76 Cr850,000
↑ 100,000
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | TVSMOTOR
2%₹74 Cr200,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 Jul 25 | TECHM
2%₹70 Cr400,000
Eternal Ltd (Consumer Cyclical)
Equity, Since 31 May 23 | 543320
2%₹68 Cr2,500,000
↑ 400,000

4. LIC MF Multi Cap Fund

(Erstwhile LIC MF Equity Fund)

The main investment objective of the scheme is to provide capital growth by investing mainly in equities. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth. However, there is no assurance that the investment objective of the Scheme will be realised.

Research Highlights for LIC MF Multi Cap Fund

  • Bottom quartile AUM (₹1,010 Cr).
  • Oldest track record among peers (27 yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 11.24% (bottom quartile).
  • 3Y return: 15.02% (bottom quartile).
  • 1Y return: 13.60% (upper mid).
  • Alpha: -3.42 (upper mid).
  • Sharpe: -0.02 (upper mid).
  • Information ratio: -0.29 (bottom quartile).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~97%).
  • Largest holding HDFC Bank Ltd (~7.4%).

Below is the key information for LIC MF Multi Cap Fund

LIC MF Multi Cap Fund
Growth
Launch Date 15 Feb 99
NAV (24 Feb 26) ₹97.9668 ↓ -1.06   (-1.07 %)
Net Assets (Cr) ₹1,010 on 31 Jan 26
Category Equity - Multi Cap
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.09
Sharpe Ratio -0.02
Information Ratio -0.29
Alpha Ratio -3.42
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jan 21₹10,000
31 Jan 22₹12,358
31 Jan 23₹11,848
31 Jan 24₹15,684
31 Jan 25₹17,376
31 Jan 26₹18,099

LIC MF Multi Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for LIC MF Multi Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22

DurationReturns
1 Month 1.5%
3 Month -4.7%
6 Month -0.8%
1 Year 13.6%
3 Year 15%
5 Year 11.2%
10 Year
15 Year
Since launch 9.8%
Historical performance (Yearly) on absolute basis
YearReturns
2024 2%
2023 18.8%
2022 28.8%
2021 -2.6%
2020 20.2%
2019 10.4%
2018 13.7%
2017 -7.7%
2016 25.7%
2015 2.2%
Fund Manager information for LIC MF Multi Cap Fund
NameSinceTenure
Karan Doshi24 Jul 250.53 Yr.
Jaiprakash Toshniwal31 Jul 232.51 Yr.

Data below for LIC MF Multi Cap Fund as on 31 Jan 26

Equity Sector Allocation
SectorValue
Financial Services29.82%
Industrials17.44%
Health Care10.65%
Technology10.1%
Consumer Cyclical9.94%
Consumer Defensive7.45%
Basic Materials5.18%
Communication Services3.61%
Real Estate3.05%
Asset Allocation
Asset ClassValue
Cash2.74%
Equity97.26%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCBANK
7%₹75 Cr803,736
↑ 98,450
Apollo Micro Systems Ltd Ordinary Shares (Industrials)
Equity, Since 30 Jun 25 | APOLLO
4%₹41 Cr1,754,386
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 24 | KOTAKBANK
4%₹37 Cr910,531
↓ -133,764
Torrent Pharmaceuticals Ltd (Healthcare)
Equity, Since 31 Oct 24 | TORNTPHARM
3%₹29 Cr73,446
Ujjivan Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 25 | UJJIVANSFB
3%₹27 Cr4,068,686
CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 31 May 24 | CREDITACC
3%₹26 Cr199,456
↓ -7,170
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 24 | AXISBANK
2%₹25 Cr180,124
Allied Blenders and Distillers Ltd (Consumer Defensive)
Equity, Since 31 Jul 24 | ABDL
2%₹24 Cr502,688
Apollo Hospitals Enterprise Ltd (Healthcare)
Equity, Since 31 Jul 25 | APOLLOHOSP
2%₹23 Cr33,434
↑ 2,834
Shriram Finance Ltd (Financial Services)
Equity, Since 31 May 24 | SHRIRAMFIN
2%₹23 Cr227,339

5. Invesco India Multicap Fund

(Erstwhile Invesco India Mid N Small Cap Fund)

The investment objective of the Scheme is to provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of mid and small cap companies.

Research Highlights for Invesco India Multicap Fund

  • Highest AUM (₹3,934 Cr).
  • Established history (17+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 14.14% (upper mid).
  • 3Y return: 16.90% (bottom quartile).
  • 1Y return: 5.85% (bottom quartile).
  • Alpha: -10.63 (bottom quartile).
  • Sharpe: -0.50 (bottom quartile).
  • Information ratio: -0.71 (bottom quartile).
  • Top sector: Financial Services.
  • Top bond sector: Cash Equivalent.
  • Equity-heavy allocation (~99%).
  • Largest holding Cholamandalam Investment and Finance Co Ltd (~3.9%).

Below is the key information for Invesco India Multicap Fund

Invesco India Multicap Fund
Growth
Launch Date 17 Mar 08
NAV (24 Feb 26) ₹122.58 ↓ -1.02   (-0.83 %)
Net Assets (Cr) ₹3,934 on 31 Jan 26
Category Equity - Multi Cap
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 1.9
Sharpe Ratio -0.5
Information Ratio -0.71
Alpha Ratio -10.63
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.

DateValue
31 Jan 21₹10,000
31 Jan 22₹13,873
31 Jan 23₹13,552
31 Jan 24₹18,659
31 Jan 25₹21,774
31 Jan 26₹20,893

Invesco India Multicap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for Invesco India Multicap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Mar 22

DurationReturns
1 Month 3.5%
3 Month -5.1%
6 Month -6.6%
1 Year 5.8%
3 Year 16.9%
5 Year 14.1%
10 Year
15 Year
Since launch 15%
Historical performance (Yearly) on absolute basis
YearReturns
2024 -6.7%
2023 29.8%
2022 31.8%
2021 -2.2%
2020 40.7%
2019 18.8%
2018 4.6%
2017 -12.5%
2016 46.2%
2015 0.7%
Fund Manager information for Invesco India Multicap Fund
NameSinceTenure
Amit Nigam3 Sep 205.41 Yr.
Taher Badshah1 Jul 250.59 Yr.
Manish Poddar1 Jul 250.59 Yr.

Data below for Invesco India Multicap Fund as on 31 Jan 26

Equity Sector Allocation
SectorValue
Financial Services32.92%
Consumer Cyclical21.26%
Health Care12.81%
Industrials12.31%
Technology8.47%
Real Estate4.43%
Basic Materials3.82%
Communication Services2.32%
Consumer Defensive0.5%
Asset Allocation
Asset ClassValue
Cash1.13%
Equity98.85%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Apr 21 | CHOLAFIN
4%₹152 Cr933,414
Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Aug 24 | 543320
4%₹149 Cr5,429,529
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
4%₹145 Cr1,067,246
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 25 | HDFCBANK
3%₹132 Cr1,423,842
BSE Ltd (Financial Services)
Equity, Since 31 Jul 25 | BSE
3%₹112 Cr398,766
Krishna Institute of Medical Sciences Ltd (Healthcare)
Equity, Since 31 Jul 25 | 543308
3%₹104 Cr1,729,774
Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 May 23 | MCX
3%₹101 Cr400,360
↓ -78,645
Nippon Life India Asset Management Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Jul 25 | NAM-INDIA
2%₹97 Cr1,102,103
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 25 | TVSMOTOR
2%₹96 Cr260,356
AU Small Finance Bank Ltd (Financial Services)
Equity, Since 31 Oct 25 | AUBANK
2%₹95 Cr966,200

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%.

Disclaimer:
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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