Stories
Inside HDFC, Parag Parikh and ICICI Pru: How Top Flexi-Cap Funds Performed

M
Moneycontrol•15-10-2026, 13:39
Inside HDFC, Parag Parikh and ICICI Pru: How Top Flexi-Cap Funds Performed
- •Flexi-cap mutual funds attracted Rs 6,701.80 crore in September despite market pressures, with HDFC Flexi Cap Fund leading inflows at Rs 1,634 crore, followed by Parag Parikh at Rs 900 crore and ICICI Prudential at Rs 862 crore.
- •All three funds recorded negative returns in September, but Parag Parikh saw the smallest decline at 2.19 percent, while HDFC dropped 5.89 percent and ICICI Prudential fell 6.24 percent.
- •HDFC Flexi Cap maintained the highest large-cap allocation at 69.93 percent and a low portfolio turnover of 13.28 percent.
- •Parag Parikh Flexi Cap featured the most concentrated portfolio with 51.64 percent in its top 10 holdings and included significant overseas securities and cash equivalents.
- •ICICI Prudential Flexi Cap stood out with a notably higher small-cap exposure of 23.02 percent, leading the group in one-year and three-year returns.
Key Questions Answered
HDFC Flexi Cap Fund led the category with estimated inflows of Rs 1,634 crore in September, followed by Parag Parikh Flexi Cap Fund at Rs 900 crore and ICICI Prudential Flexi Cap Fund at Rs 862 crore.
All three funds recorded negative monthly returns in September due to market pressure, though the declines varied: Parag Parikh experienced the smallest drop at 2.19 percent, while HDFC declined by 5.89 percent and ICICI Pru saw the steepest fall at 6.24 percent.
ICICI Pru stands out for having a notably higher small-cap allocation at 23.02 percent of its portfolio compared to its peers, along with leading the three funds on six-month, one-year, and three-year returns despite its September decline.





