Best flexi-cap mutual funds: Top 3 schemes with up to 100 pc absolute returns in just 3 years

view original post

Best flexi-cap funds: Flexi-cap funds continue to attract investors in the Indian mutual fund market. According to the latest data from AMFI (Association of Mutual Funds in India), flexi-cap funds saw the highest inflows at Rs 7,679 crore in August 2025, among all the sub-categories in the equity fund space. The three-year average return for this category has been approximately 16.27% CAGR.

Over the past three years, some flexi-cap funds have delivered significant returns to investors. Here, we will discuss three funds (direct plans) that have delivered up to 26% CAGR to investors. These funds include Invesco India Focused Fund, ICICI Prudential Retirement Fund – Pure Equity Plan, and Invesco India Flexi Cap Fund.

3 best flexi-cap funds: Up to 26% CAGR

Invesco India Focused Fund

3-year returns – 25.99% CAGR

3-year absolute return – 100%

A lump sum investment of Rs 1 lakh in this fund would have become over Rs 2 lakh in three years.

The SIP return of this fund has been even better with 26.57% CAGR.

Invesco India Focused Fund’s other details

Invesco India Focused Fund is an open-ended equity scheme. It benchmarks its performance against the BSE 500 TRI. Classified under the very high-risk category, the fund has generated 25.60% returns since launch. As of August 31, 2025, it manages an AUM of Rs 4,145 crore with an expense ratio of 0.59%.

ICICI Prudential Retirement Fund – Pure Equity Plan

3-year returns – 25.42% CAGR

3-year absolute returns – 97.41%

A lump sum investment of Rs 1 lakh in this fund three years ago would be worth now over Rs 1.97 lakh.

The SIP return of this fund for three years has been slightly better at 25.62% CAGR.

ICICI Prudential Retirement Fund – Pure Equity Plan details

ICICI Prudential Retirement Fund – Pure Equity Plan is an open-ended equity-oriented scheme offered by ICICI Prudential Mutual Fund. It follows the NIFTY 500 TRI as its benchmark and falls under the very high-risk category. The fund has delivered 21.86% returns since inception and manages an AUM of Rs 1,333 crore as of August 31, 2025. Its expense ratio stands at 0.71%.

Invesco India Flexi Cap Fund

3-year returns – 25.24%

3-year absolute return – 96.56%

A lump sum investment of Rs 1 lakh would be worth Rs 1.96 lakh after three years.

The fund’s SIP return for three years is 25.15% CAGR.

Invesco India Flexi Cap Fund details

The fund is an open-ended equity scheme that tracks the BSE 500 TRI as its benchmark. Categorised under the very high-risk segment, the fund manages assets worth Rs 3,666 crore as of August 31, 2025. It has delivered a return of 22.27% since inception. Its expense ratio is 0.58%.

(Data: Value Research)

Investor caution

However, investors should not base their decisions solely on three-year returns. Experts advise considering other important factors, such as risk profile, fund manager experience, expense ratio, and investment horizon, when choosing a fund. Past performance does not guarantee future performance, and market fluctuations can impact fund returns.

Flexi-Cap funds can be a good option for long-term investors, but investors should not always focus solely on returns, but should make decisions based on their investment strategy and risk tolerance.

Disclaimer: The above content is for informational purposes only. Mutual Fund investments are subject to market risks. Please consult your financial advisor before investing.