HDFC Flexi Cap Fund Direct Growth NAV Declines to ₹2,241.68 on 11 September; 5-Year CAGR at 17.47%

Key Takeaways

• HDFC Flexi Cap Fund Direct Growth NAV declined 0.33% to ₹2,241.68 on 11 September 2026.
• Its one-year return stood at 1.86%, compared with a 15.12% three-year CAGR and 17.47% over five years.
• Assets under management were approximately ₹113,606 crore and the Direct Growth expense ratio stood at 0.77%.
• The five largest disclosed equity holdings together accounted for 28.64% of the portfolio.

HDFC Flexi Cap Fund Direct Growth NAV declined 0.33% to ₹2,241.68 on 11 September 2026. The latest one-year return was 1.86%. Across three years, however, the annualised return stood substantially higher at 15.12%, giving the shorter and medium-term measurement periods noticeably different historical outcomes.

The five-year CAGR came in at 17.47%, exceeding the three-year figure by 2.35 percentage points. Compared with the one-year return, the gap widened to 15.61 percentage points. These trailing returns are based on different starting NAVs, which is why longer time periods need not move in a straight progression from the shorter-period result.

The scheme managed approximately ₹113,606 crore. Its Direct Growth expense ratio stood at 0.77%, while both the minimum SIP and minimum lump-sum investment were ₹100. Those figures describe the current operating profile of the scheme alongside its historical return record.

ICICI Bank was the largest disclosed position at 9.19%, followed by Axis Bank at 6.19%. HDFC Bank accounted for 5.71%, State Bank of India for 4.16% and Eternal for 3.39%. Collectively, the five holdings represented 28.64% of the portfolio, leaving a little over 71% spread across the remaining securities and other components.

The latest historical risk readings showed beta at 0.81 and standard deviation at 3.72. Alpha stood at 5.62 and the Sharpe ratio at 0.93. Exit load was listed at 1% for units redeemed or switched out within one year from allotment, followed by nil load after that period.