Flavour of the season: Check top flexicap mutual funds with best SIP returns in 7 years
It is not an exaggeration to label flexi cap funds as 'flavor of the season'. AMFI data tell us that among all the equity mutual fund categories, flexicap funds topped the inflow in MFs in nine out of the 12 months in 2025.
Kolkata: In times when the equity markets are wobbly, it is quite natural for investors to lean towards flexi cap funds. Flexi cap funds are open-ended equity mutual funds where the managers have freedom to invest in stocks of large, mid or small cap nature as necessitated by market conditions without the need to maintain any predefined sector composition. They have to maintain a minimum 65% investment in equities.
AMFI data show that among the sub categories of mutual funds, flexicap funds recorded the highest inflows at Rs 80,978 crore in 2025 and in December the inflow was Rs 10,019 crore in this category. In the 12 months in 2025, flexicap funds topped inflows in nine months. Since they have grown so popular, let's have a look at the best returns the flexi cap funds have generated over the past seven years. These are returns of SIP investment, which has become extremely popular with common Indians. The returns pertain to Jan 19, 2026.
HDFC Flexi Cap Fund
Expense ratio: 1.33%
Min SIP amount: Rs 3,000
HDFC Flexi cap fund has emerged the winner in the flexi cap flock. In the past seven years, the HDFC Flexi Cap Fund has given a 21.66% annualised return. Its AUM (assets under management) have expanded to Rs 96,295 crore, while the NAV (net asset value) is Rs 2,070.48. Another indicator of super performance by this fund is that against NIFTY 500 TRI, the fund has generated annualised returns of 18.99% since it was flagged off in December 1994.
Quant Flexi Cap Fund
Expense ratio: 1.82%
Min SIP amount: Rs 3,000
In seven years, Quant Flexi Cap Fund has generated 20.84% annualised return. Its AUM is Rs 6,700 crore and its NAV is Rs 95.65. Benchmarked against NIFTY 500 TRI, the fund has given annualised returns of 13.95% since August 2008, when it was introduced.
Parag Parikh Flexi Cap Fund
Expense ratio: 1.28%
Min SIP amount: Rs 3,000
In seven years, the Parag Parikh Flexi Cap Fund has offered 19.64% annualised return. Its assets under management stood at Rs 1,33,309 crore and its net asset value is Rs 85.84. Benchmarked against NIFTY 500 TRI, the fund has given annualised returns of 18.52% since its launch which took place in May 2013. Significantly, this is the highest AUM of any mutual fund in India.
JM Flexicap Fund
Expense ratio: 1.82%
Min SIP amount: Rs 3,000
In seven years, the JM Flexicap Fund has generated 18.53% annualised return. Its assets under management (AUM) are Rs 5,463 crore, while its net asset value (NAV) is Rs 95.21. Against the BSE 500 TRI, the fund has generated 13.95% returns its flagging off in July 2008.
PGIM India Flexi Cap
Expense ratio: 1.78%
Min SIP amount: Rs 3,000
In seven years, the PGIM India Flexi Cap has generated 14.90% annualised return. The AUM (assets under management) of this fund is Rs 6,268 crore. Its net asset value is Rs 36.25. Compared against NIFTY 500 TRI, the fund has offered annualised returns of 12.59 per cent since its introduction in February 2015.