HDFC Flexi Cap Fund Direct Growth NAV Moves to ₹2,249.69 on 21 September; Five-Year CAGR at 17.24%

Key Takeaways

• HDFC Flexi Cap Fund Direct Growth NAV rose 0.31% to ₹2,249.69 on 21 September 2026.
• Historical performance stood at 0.19% over one year, 15.81% annualised over three years and 17.24% annualised over five years.
• ICICI Bank was the largest disclosed holding at 9.19%, and the five largest positions together made up 28.64% of the portfolio.

HDFC Flexi Cap Fund Direct Growth recorded an NAV of ₹2,249.69 for 21 September 2026, a daily increase of 0.31%. The fund's size was approximately ₹1,13,606 crore. Its Direct Growth expense ratio stood at 0.77%, with both SIP and lump-sum investments available from ₹100.

The return profile changed noticeably as the measurement period expanded. The latest one-year return was 0.19%. Over three years, the fund recorded a CAGR of 15.81%, rising further to 17.24% across five years. The five-year annualised figure therefore exceeded the latest one-year return by 17.05 percentage points and the three-year CAGR by 1.43 percentage points.

ICICI Bank held the largest disclosed portfolio weight at 9.19%. Axis Bank followed at 6.19%, HDFC Bank at 5.71%, State Bank of India at 4.16% and Eternal at 3.39%. Added together, these five positions represented 28.64% of the portfolio. The balance, 71.36%, was spread across other securities and portfolio components. Three banks alone comprised more than one-fifth of the portfolio based on these disclosed weights.

Historical risk measures included an alpha of 5.62, beta of 0.81, standard deviation of 3.72 and Sharpe ratio of 0.93. Beta measures historical sensitivity against the benchmark used in the calculation, so the figure should be read as a backward-looking statistic rather than as an estimate of future NAV changes.

The scheme belongs to the flexi-cap category, allowing investments across market-cap segments without a fixed allocation to large-, mid- and small-cap stocks. The disclosed exit-load schedule applies a 1% charge to applicable redemptions made within one year, with no exit load after that period under the stated terms.