HDFC Flexi Cap Fund Direct Growth NAV Rises to ₹2250.42 on 23 September; 5-Year CAGR at 16.77%

Key Takeaways

• HDFC Flexi Cap Fund Direct Growth recorded an NAV of ₹2250.42 on 23 September 2026, a 0.33% increase from the preceding valuation. The daily movement was modest compared with the much wider differences visible across its longer historical return periods.
• The fund's three-year CAGR stood at 15.97%, with the five-year CAGR slightly higher at 16.77%. By comparison, the latest one-year return was only 0.62%, showing how materially the measured performance changed across different starting periods.
• Assets under management were approximately ₹113,606 crore. The Direct Growth expense ratio was 0.77%, providing a separate measure of the ongoing cost associated with the plan rather than its investment performance.
• Both the minimum SIP and minimum lump-sum investment were ₹100, so the published starting amount was identical for systematic and one-time investments.

HDFC Flexi Cap Fund Direct Growth NAV stood at ₹2250.42 on 23 September 2026, marking a 0.33% increase over the previous valuation. The scheme's latest one-year return was 0.62%, whereas its annualised performance over three years came in at 15.97%. Extend the period to five years and the CAGR was 16.77%, 0.80 percentage points above the three-year figure.

The contrast between the one-year and longer-term numbers is sizeable. The five-year CAGR exceeded the latest one-year return by 16.15 percentage points, illustrating how strongly the measured result can change with the starting and ending dates used for a return period. These are historical performance figures and do not indicate how the scheme's NAV will move in subsequent periods.

The scheme managed approximately ₹113,606 crore, making fund size another significant numerical feature of its current profile. The Direct Growth plan carried an expense ratio of 0.77%. Both the minimum SIP and minimum lump-sum investment were listed at ₹100, keeping the starting amount the same across the two investment modes.

As a flexi-cap scheme, the portfolio can allocate across large-, mid- and small-cap companies without a fixed allocation to each market-cap segment. That structure makes the scheme's portfolio composition relevant alongside its NAV and historical return periods, since the market-cap mix can change as the portfolio is repositioned.

On 23 September, the numerical picture therefore combined a modest positive daily NAV movement with substantially stronger annualised figures over the three- and five-year periods than over the latest year. The NAV, returns, AUM and expense ratio each describe a different part of the scheme and should not be treated as interchangeable measures.