INDIA MARKET LENS

Flexi cap and multi cap funds: returns ranked

Flexi cap and multi cap funds can hold companies of any size, with the split left to the manager or set by rule. 31 funds are ranked here by three-year return, with what a monthly SIP earned and the risk each carried, on net asset values to 11 Nov 2026.

Average, 1 year

+5.0%

across 31 funds

Average, 3 years

+13.9%

a year, compounded

Average, 5 years

+11.3%

a year, compounded

Highest 3-year return

+18.9%

BANK OF INDIA FLEXI CAP FUND

Lowest volatility

9.8%

Parag Parikh Flexi Cap Fund

On a phone, swipe the table sideways for every column. Returns for three and five years are yearly, compounded. SIP is the yearly return on a monthly instalment over three years. Volatility is the yearly swing in the fund’s value; deepest fall is its largest drop from a peak.

Flexi cap and multi cap funds ranked by three-year return.
#Fund1 year3 years5 yearsSIP, 3 yearsVolatilityDeepest fallSharpe
1BANK OF INDIA FLEXI CAP FUNDBank of India Mutual Fund+10.1%+18.9%+15.7%+11.5%17.6%-23.7%0.70
2Mahindra Manulife Multi Cap FundMahindra Manulife Mutual Fund+11.7%+17.9%+14.4%+12.4%16.7%-20.2%0.68
3Motilal Oswal Flexi Cap FundMotilal Oswal Mutual Fund+4.9%+17.7%+13.2%+10.2%16.9%-21.5%0.66
4HDFC Flexi Cap Fund OptionHDFC Mutual Fund+4.7%+17.7%+16.8%+10.9%12.1%-13.3%0.93
5ITI Multi Cap Fund OptionITI Mutual Fund+13.0%+17.2%+13.7%+11.8%16.3%-23.1%0.66
6Aditya Birla Sun Life Flexi Cap Fund - GROWTHAditya Birla Sun Life Mutual Fund+8.7%+16.5%+11.6%+11.7%13.3%-17.0%0.75
7HSBC Flexi Cap FundHSBC Mutual Fund+7.2%+16.5%+12.7%+10.2%15.8%-20.5%0.63
8Edelweiss Flexi Cap FundEdelweiss Mutual Fund+2.9%+16.1%+12.8%+8.5%14.7%-19.0%0.65
9Quant Flexi Cap Fund Optionquant Mutual Fund+12.0%+16.0%+14.1%+9.0%16.8%-24.7%0.57
10Baroda BNP Paribas Multi Cap Fund OptionBaroda BNP Paribas Mutual Fund+4.4%+15.1%+12.1%+8.0%15.3%-19.4%0.56
11Axis Flexi Cap Fund OptionAxis Mutual Fund+7.1%+15.0%+8.8%+10.3%14.3%-18.8%0.60
12JM Flexi Cap Fund OptionJM Financial Mutual Fund+4.8%+14.7%+14.6%+6.2%15.9%-22.6%0.52
13ICICI Prudential Multi Cap FundICICI Prudential Mutual Fund+4.0%+14.6%+12.9%+6.9%14.1%-17.2%0.57
14Canara Robeco Flexi Cap Fund - GROWTH OPTIONCanara Robeco Mutual Fund+3.2%+13.9%+10.1%+8.6%13.6%-17.5%0.54
15Nippon India Multi Cap Fund OptionNippon India Mutual Fund+0.8%+13.9%+15.4%+6.3%14.4%-18.6%0.51
16Invesco India Multi Cap FundInvesco Mutual Fund+5.2%+13.7%+11.1%+7.6%16.0%-22.6%0.45
17Taurus Flexi Cap FundTaurus Mutual Fund+11.4%+13.6%+10.5%+10.0%14.8%-20.9%0.48
18Parag Parikh Flexi Cap FundPPFAS Mutual Fund+0.5%+13.4%+11.4%+6.6%9.8%-11.0%0.70
19Kotak Flexi Cap FundKotak Mahindra Mutual Fund+1.3%+13.1%+10.6%+6.6%14.5%-16.3%0.45
20DSP Flexi Cap FundDSP Mutual Fund+2.9%+13.0%+10.1%+7.4%14.2%-17.6%0.46
21BANDHAN Flexi Cap FundBandhan Mutual Fund+3.1%+12.8%+10.0%+7.8%13.0%-16.9%0.49
22Navi Flexi Cap FundNavi Mutual Fund+9.4%+12.6%+10.6%+10.0%14.2%-19.3%0.43
23Union Flexi Cap Fund OptionUnion Mutual Fund+5.3%+12.5%+10.3%+8.4%14.1%-17.3%0.43
24PGIM India Flexi Cap Fund - Direct GrowthPGIM India Mutual Fund+4.7%+12.5%+7.8%+8.4%13.6%-17.3%0.44
25Franklin India Flexi Cap FundFranklin Templeton Mutual Fund-0.2%+12.4%+11.2%+5.6%13.5%-16.4%0.44
26LIC MF Flexi Cap FundLIC Mutual Fund+2.8%+11.6%+9.4%+7.3%15.6%-23.2%0.33
27Quant Multi Cap Fund Optionquant Mutual Fund+7.9%+10.7%+10.5%+5.6%17.0%-25.3%0.25
28Tata Flexi Cap Fund OptionTata Mutual Fund-2.6%+10.7%+8.6%+4.4%12.8%-14.6%0.33
29UTI - Flexi Cap Fund.UTI Mutual Fund+2.9%+10.1%+4.7%+6.9%13.0%-20.1%0.28
30SBI FLEXICAP FUNDSBI Mutual Fund+0.6%+10.0%+7.9%+4.8%12.6%-16.0%0.28
31Shriram Flexi Cap FundShriram Mutual Fund-0.6%+7.6%+7.0%+1.3%15.8%-23.9%0.07

Direct plans, growth option. Past returns describe what happened; they do not say what a fund will do next.

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