Archive · 24 Sep 2026
Flexi-Cap Funds Diverge as 31 Beat Falling Nifty 500
Flexi-cap funds can invest in large, medium-sized, and small company stocks.
They must keep at least 65% of their money in shares.
The Nifty 500, a broad stock-market measure, fell 1.67% over the year.
Even though the market measure fell, 31 of 46 flexi-cap funds made money.
Fifteen funds lost money.
Samco Flexi Cap fell the most, by 7.14%.
ITI Flexi Cap performed best, gaining 13.09%.
A fund could lose money but still do better than the market if its loss was smaller than 1.67%.
The Nifty 500 declined 1.67% over the one-year period ending 23 September 2026.
Thirty-one of 46 flexi-cap schemes posted positive one-year returns, while 15 recorded losses.
Samco Flexi Cap had the steepest decline at 7.14%, followed by Tata Flexi Cap at 4.75%.
ITI Flexi Cap led the category with a 13.09% return, ahead of Bank of India Flexi Cap at 11.22%.
Six schemes with negative returns still outperformed the Nifty 500 because their declines were smaller than 1.67%.
- Who
- The 46 flexi-cap mutual fund schemes covered by the latest Association of Mutual Funds in India data.
- What
- The schemes produced widely differing one-year returns, with 31 positive and 15 negative results.
- When
- The returns were measured over one year and reported as of 23 September 2026; the category count was stated as of August 2026.
- Where
- India’s mutual-fund market.
- Why
- The performance was assessed to compare individual flexi-cap schemes with the falling Nifty 500 benchmark.
- Schemes covered
- 46 flexi-cap schemes
- Positive-return schemes
- 31
- Negative-return schemes
- 15
- Benchmark
- Nifty 500
- Benchmark return
- -1.67% over one year
- Top performer
- ITI Flexi Cap: 13.09%
- Largest decline
- Samco Flexi Cap: -7.14%
- Data source
- Value Research, direct plans; returns as of 23 September 2026