Flexi Cap Mutual Funds Alert: 34 of 42 Schemes Allocate Over 50% of Their Assets to Large Cap

As of November 2025, the majority of flexi cap mutual fund schemes have allocated over 50% of their assets to large cap stocks, reflecting a strategic tilt towards stability in a fluctuating market environment. 

Flexi Cap Funds Priorities Large Cap Allocations 

Cafemutual's analysis reveals that 34 out of 42 flexi cap mutual fund schemes have invested more than 50% of their portfolios in large cap stocks.  

This trend indicates a pronounced preference for liquidity and relatively lower risk among fund managers during market volatility. Notably, Franklin India Flexi Cap Fund leads with 78.1% in large caps, followed by Canara Robeco Flexi Cap Fund at 75.8% and Quant Flexi Cap Fund at 75.2%. 

Other schemes such as Bandhan Flexi Cap Fund  (75.0%), Sundaram Flexi Cap Fund (74.9%), Mahindra Manulife Flexi Cap Fund (74.7%), HDFC Flexi Cap Fund (74.0%), Kotak Flexi Cap Fund (73.6%) and Tata Flexi Cap Fund (71.0%) also have a high proportion of large cap holdings. 

Mid Cap and Small Cap Allocations Vary Widely 

On average, flexi cap schemes hold 20.3% of their assets in mid caps. Samco Flexi Cap Fund has the highest mid cap allocation at 43.7%, followed by Motilal Oswal Flexi Cap Fund (43.5%) and Capitalmind Flexi Cap Fund (37.9%). 

Small cap exposure stands at an industry average of 16%. Samco leads with 39%, while LIC Mutual Fund Flexi Cap follows at 37.6%. Others like WhiteOak Capital Flexi Cap Fund, Bajaj Finserv Flexi Cap Fund, ITI Flexi Cap Fund, and Bank of India Flexi Cap Fund also exceed 25% in small cap allocations. 

Read More: Franklin India Flexi Cap Fund: ₹10,000 Becomes ₹17 Lakh, ₹2,000 SIP Turns into ₹3.5 Crore in 31 Years! 

Schemes with Lower Large Cap Exposure 

At the lower end, Samco Flexi Cap Fund allocates only 14.5% to large caps. Other funds with lower large cap exposure include Motilal Oswal Flexi Cap Fund (36.6%), Capitalmind Flexi Cap Fund (36.9%) and LIC Mutual Fund Flexi Cap (37.4%). These funds show higher bets on mid and small cap segments. 

Comparison with Benchmark Allocation 

The BSE 500 index, which is a reference point for flexi cap schemes, has 72.03% weight in large caps, 18.65% in mid caps, and 9.29% in small caps. Several funds align closely with this composition, while others diverge significantly, reflecting varied investment approaches. 

Conclusion 

The data shows that a significant number of flexi cap funds have leaned heavily towards large cap stocks amid market volatility. However, some funds maintain diversified exposure with higher mid and small cap allocations, resulting in a broad range of strategies within the category. 

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.