HDFC Flexi Cap Fund Direct Growth NAV Rises to ₹2,216.85 on 16 September; 5-Year CAGR at 16.49%

Key Takeaways

• HDFC Flexi Cap Fund Direct Growth NAV increased 0.41% to ₹2,216.85 on 16 September 2026.
• The latest one-year return was -0.58%, compared with three- and five-year annualised returns of 14.46% and 16.49%, respectively.
• ICICI Bank was the largest disclosed holding at 9.19%, and the five largest positions together represented 28.64%.
• The scheme managed approximately ₹113,606 crore and carried a Direct Growth expense ratio of 0.77%.

HDFC Flexi Cap Fund Direct Growth NAV rose 0.41% to ₹2,216.85 on 16 September 2026. Its three-year CAGR stood at 14.46%. The scheme managed approximately ₹113,606 crore, while the Direct Growth expense ratio was 0.77%. Minimum SIP and lump-sum amounts were both ₹100.

The latest one-year return remained slightly negative at -0.58%, but the longer periods produced higher annualised figures. The three-year CAGR was 14.46%, extending to 16.49% over five years. The five-year figure exceeded the latest one-year return by 17.07 percentage points. It was also 2.03 percentage points above the three-year CAGR.

ICICI Bank formed the largest disclosed position at 9.19%. Axis Bank followed at 6.19%, HDFC Bank at 5.71%, SBI at 4.16% and Eternal at 3.39%. Their combined portfolio weight was 28.64%. Of this, the three banking positions alone accounted for 21.09%, based on the disclosed weights.

Historical risk readings included alpha of 5.62 and beta of 0.81. Standard deviation stood at 3.72, with the Sharpe ratio at 0.93. Beta measures historical sensitivity relative to the benchmark used in the calculation; it does not establish how the fund's NAV will move in future periods.

As a flexi-cap scheme, the portfolio can allocate capital across market-cap segments rather than maintaining a predetermined large-, mid- or small-cap split. In the latest disclosed holdings, the five largest positions represented a little under three-tenths of the portfolio, leaving 71.36% distributed across other holdings and components.