
A Flexi Cap Fund is an open-ended equity mutual fund that allows fund managers to invest freely across large-cap, mid-cap, and small-cap stocks without fixed allocation restrictions. As per regulations, these funds must invest a minimum of 65% of their assets in equities, while the remaining portion can be strategically allocated based on market trends and investment opportunities. This flexibility enhances portfolio diversification, helps manage risk, and aims to generate better long-term returns.
In this article, we take a look at the top-performing flexi cap funds in June 2026, ranked based on their 10-Year CAGR.
| Name | AUM (₹ Cr) | CAGR 5Y (%) | CAGR 10Y (%) |
| Quant Flexi Cap Fund | 6,593.52 | 18.93 | 21.02 |
| Parag Parikh Flexi Cap Fund | 1,40,949.97 | 15.78 | 17.97 |
| JM Flexicap Fund | 5,040.51 | 17.99 | 17.60 |
| HDFC Flexi Cap Fund | 1,00,479.23 | 18.47 | 16.91 |
| Edelweiss Flexi Cap Fund | 2,957.37 | 15.83 | 16.40 |
Note: The top Flexi Cap Funds for June have been listed in order of their 10-year CAGR as of May 29, 2026.
Flexi cap funds invest across large-cap, mid-cap, and small-cap stocks, helping investors gain diversified market exposure through a single fund.
Fund managers can dynamically shift allocations depending on market conditions, valuations, and sector opportunities.
Since these funds invest predominantly in equities, they may offer strong long-term growth potential, especially during favourable market cycles.
The ability to rebalance portfolios across different market segments can help reduce concentration risk and improve stability during volatile periods.
Flexi cap funds can adapt to changing economic and market environments, making them suitable for investors seeking a balanced equity strategy.
Read More: Best Balanced Advantage Mutual Funds for May 2026 Based on 5-Year CAGR.
Although diversified, flexi cap funds are still equity-oriented investments and can be affected by market volatility.
These funds are generally more suitable for investors with a long-term investment horizon of at least 5 years.
Performance may vary depending on the fund manager’s stock selection and allocation decisions across market caps.
Investors should review the expense ratio, sector allocation, and portfolio holdings before investing.
Historical CAGR figures may not necessarily indicate future returns, as market conditions can change over time.
Flexi cap funds offer investors the advantage of diversification and flexibility by investing across companies of different market capitalisations. Funds such as Quant Flexi Cap Fund and Parag Parikh Flexi Cap Fund have delivered strong long-term performance based on their 10-year CAGR. However, investors should assess their financial goals, risk appetite, and investment horizon before choosing a flexi cap fund for their portfolio.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 29, 2026, 8:40 AM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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