Flexi Cap Fund — Mutual Fund Term Explained

An equity fund with no restriction on market cap allocation. The manager can invest freely across large, mid and small cap stocks.

Flexi Cap funds must invest at least 65% in equity but have no constraints on market cap distribution. The manager can allocate freely across market caps based on opportunity.

Versatile equity category, suitable for 5+ year investors who want equity without betting on a specific market cap.

Related terms

• Multi Cap Fund — An equity fund required by SEBI to maintain at least 25% each in large, mid and small cap. Guarantees diversification across market caps.
• Large Cap Fund — A fund investing at least 80% in the top 100 companies by market cap. Lower volatility with stable blue-chip exposure.
• Mid Cap Fund — A fund investing at least 65% in companies ranked 101-250 by market cap. Higher return potential than large cap but significantly more volatile.

Browse the full mutual fund glossary, or see this concept in action in the fund screener.