After Parag Parikh and HDFC Balanced Advantage, HDFC Flexi Cap Fund Tops ₹1 Lakh Crore AUM Milestone

The HDFC Flexi Cap Fund has recorded assets under management of ₹1 lakh crore, marking a significant milestone for the scheme and placing it among the few Indian equity funds to achieve this scale. 

HDFC Flexi Cap Fund Reaches ₹1 Lakh Crore AUM 

As of February 13, 2026, the fund’s AUM stood at ₹1 lakh crore, making it the third mutual fund scheme in India to cross this threshold.  

The achievement reflects sustained investor participation and the fund’s ability to navigate multiple market cycles since its launch in January 1995. 

Fund Overview and Investment Strategy 

The scheme is an open‑ended dynamic equity fund that invests across largecap, midcap and smallcap stocks. It follows a flexible, research‑driven approach that allows managers to shift allocations among market capitalisations and sectors based on prevailing opportunities. 

Approximately 70% of the portfolio is allocated to largecap stocks, with midcap and smallcap holdings accounting for 4.25% and 7.6% respectively. 

Performance Highlights 

Since inception the fund has delivered a cumulative return of 18.72%. Over the past twelve months it posted a gain of 16.52% and over the last three years it recorded a return of 22.31%. The top holdings include ICICI Bank, HDFC Bank, Axis Bank and State Bank of India, each representing between 4.86% and 8.90% of the portfolio. 

Read More: JioBlackRock Flexi Cap Fund Overhauls Holdings: Adds Hindustan Zinc, 9 Other Stocks; Exits L&T Finance & 16 More in January Shuffle! 

Comparison with Other Large Funds 

The other two schemes that have crossed the ₹1 lakh crore mark are Parag Parikh Flexi Cap Fund with ₹1,33,00,000 crore AUM and HDFC Balanced Advantage Fund with ₹1,06,00,000 crore AUM as of January 31, 2026. All 3 funds share a focus on research excellence and a long‑term wealth creation mandate. 

Conclusion 

The crossing of the ₹1 lakh crore AUM milestone underscores the HDFC Flexi Cap Fund’s scale, its diversified investment approach and its consistent performance record across market environments. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.