Best Flexi Cap Mutual Funds to Invest in 2025

Flexi-cap funds are open-ended equity mutual funds that invest across small, mid, and large-cap stocks minus any particular restrictions. Hence, they can enable better capitalization of opportunities in diverse market conditions.  

Best Flexi Cap Mutual Funds 2025

The best flexi cap mutual funds  have the potential to give you great returns over a period of time. Here is a look at the top ones for 2025 based on their 3-year annualized returns. 

Note - Data as of March 13, 2025

Overview of the Best Flexi Cap Funds 2025 

Here is an overview of the best flexi cap mutual funds to invest in this year -

SBI PSU Direct Plan Growth

• Thematic and very high risk fund 
• NAV (as of 13 March, 2025) - ₹30.48
• Minimum SIP amount - ₹500
• Fund Size - ₹4,149.45cr
• Expense Ratio - 0.95%
• Exit Load - 0.50% if redeemed within 30 days 

ICICI Prudential Infrastructure Direct Growth

• Sectoral very high risk equity fund
• Minimum SIP Amount - ₹100
• NAV (as of 13 March, 2025) - ₹180.99
• Fund Size - ₹6,886.49cr
• Expense Ratio - 1.16%
• Exit Load - 1% if redeemed within 15 days

Aditya Birla Sun Life PSU Equity Fund Direct Growth

• Thematic and very high risk fund 
• NAV (as of 13 March, 2025) - ₹31.06
• Minimum SIP amount - ₹100 
• Fund Size - ₹4,650.81cr
• Expense Ratio - 0.54%
• Exit Load - 1% if redeemed within 30 days 

SBI Long Term Equity Fund Direct Plan Growth

• ELSS Very High Risk equity fund
• 3-year lock-in period
• NAV (as of 13 March, 2025) - ₹421.95
• Minimum SIP Amount - ₹500
• Fund Size - ₹25,723.50cr
• Expense Ratio - 1.07%
• Exit Load - Nil

JM Flexicap Fund Direct Plan Growth

• Very high risk equity fund 
• NAV (as of 13 March, 2025) - ₹98.75
• Minimum SIP Amount - ₹100
• Fund Size - ₹4,899.24cr
• Expense Ratio - 0.57%
• Exit Load - 1% if redeemed within 30 days 

HDFC Flexi Cap Direct Plan Growth

• Very high risk equity fund 
• NAV (as of 13 March, 2025) - ₹1,908.99
• Fund Size - ₹64,124.15cr
• Minimum SIP amount - ₹100
• Expense Ratio - 0.81%
• Exit Load - 1% if redeemed within 1 year 

Nippon India Large Cap Fund Direct Growth

• Large Cap and very high risk fund 
• NAV (as of 13 March, 2025) - ₹88.07
• Minimum SIP amount - ₹100
• Fund Size - ₹34,211.60cr
• Expense ratio - 0.74%
• Exit Load - 1% if redeemed within 7 days 

Parag Parikh Flexi Cap Fund Direct Growth

• Very High Risk 
• NAV (as of 13 March, 2025) - ₹83.05
• Fund Size - ₹88,004.52cr
• Minimum SIP amount - ₹1,000 
• Expense Ratio - 0.63%
• Exit Load - For units above 10% of the investment, 2% if redeemed within 365 days and 1% if redeemed after 365 days (but on/before 730 days)

ICICI Prudential Bluechip Fund Direct Growth

• Large Cap Equity Fund 
• Very High Risk 
• NAV (as of 13 March, 2025)- ₹106.96
• Minimum SIP Amount- ₹100
• Fund Size - ₹60,177.20cr
• Expense Ratio - 0.93%
• Exit Load - 1% if redeemed up to 1 year 

Things to Remember While Investing in Flexi Cap Funds

There are a few things worth remembering while you’re filtering out the best flexi cap mutual funds for investments in 2025. 

• Keep your investment objectives in mind - Every flexi cap fund has a unique investment strategy. Some may look more at growth-oriented stocks, while others lean more towards value-based investing. When considering any fund, assess the investment strategy and check if the same aligns with your own investment/financial objectives and risk tolerance.
• Portfolio composition aspects - These funds enable diverse allocations throughout varying market caps, although it may change with the passage of time. While some funds may lean more towards large-cap stocks, others may be inclined towards small or mid-cap stocks. You should evaluate the historical portfolio composition over the last few years, checking whether it has struck a balance or shifted towards a particular market cap category. 
• Track record of the fund manager - This is essential, since the performance of the fund is hugely dependent on the strategies and expertise of the fund manager. Go for a fund that has a skilled fund manager who has given good results and knows how to tackle market cycles and find opportunities across both small and large-cap categories. 
• Fund performance history - While the past performance of any fund cannot accurately indicate its future trajectory, it offers valuable information into how it has been managed across varying market cycles. Look at historical performance in relation to the benchmark index, especially its performance during its downturn or uptrends. Funds that outperform their benchmarks consistently even amidst volatility are better options. 
• Expense Ratio and Costs - Many of us often neglect the expense ratio and other fund costs. Small differences in administrative and management charges can affect your overall returns in the long-term, particularly for equity funds. Always check the expense ratio carefully along with all other applicable costs. Lower charges may help you get better returns in the long haul. 

Flexi cap funds often provide great opportunities if you are looking for diversification of your portfolio along with future growth and higher flexibility. They have the ability to adjust dynamically to changing conditions in the market, enabling skilled managers to identify and tap new opportunities for consistent growth.

Check out the top flexi cap funds and start your investment journey today. 

Happy Investing!

Mutual Funds Selection Criteria for Top Mutual Funds Listed Above

These mutual funds are listed based on the 3-year annualised returns. The selection is arranged in descending order. It is important to note that 3-year returns in no way guarantees a mutual fund’s performance. However, it can be used as a criterion for shortlisting mutual funds from within a category. Investors should recognise that other factors, such as financial health, management efficiency, and market trends, play crucial roles in determining the actual success of an investment. 

This mutual fund selection should not be construed as investment advice/recommendations/offer/solicitation of an offer to invest in any mutual funds by Groww Invest Tech Pvt. Ltd. (formerly known as Nextbillion Technology Pvt. Ltd.).

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Research Analyst - Bavadharini KS