📊 Flexi Cap Fund · Deep Analysis

SBI Flexicap FundOption

SBI Mutual Fund · Direct Growth · SEBI Category: Flexi Cap

Current NAV ₹117.4843 (+0.26% today) As of 04 Jun 2026
1 Year Return -0.3%
3 Year CAGR +10.0% p.a.
5 Year CAGR +10.0% p.a.
AAUM ₹21.8K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,573 daily NAV records
Fund Overview

SBI Flexicap FundOption — Quick Summary

SBI Flexicap Fund is managed by R. Srinivasan — Chief Investment Officer (Equity) at SBI Mutual Fund. The fund follows a growth-oriented investment philosophy, seeking companies with strong earnings growth potential across all market capitalizations. It is backed by SBI AMC's large research team and the trust of being part of India's largest bank-sponsored fund house.

The fund typically maintains broad diversification across sectors with meaningful mid-cap allocation alongside large-cap holdings. SBI Flexicap has delivered consistent performance over the years, making it one of the most popular flexi cap funds in India by AUM. The fund benefits from SBI AMC's research reach and access to management across listed companies.

Fund House
SBI Mutual Fund
SEBI Category
Flexi Cap
Benchmark
NIFTY 500 TRI
Fund Manager
R. Srinivasan
AMFI Code
119718
Risk Level
Very High
NAV Records in DB
2,573 days
Quarterly Average AUM · Jan–Mar 2026
₹21.8K Cr
↓ Decreased by 1.6% vs Oct–Dec 2025 · ₹22.2K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Suited for growth-oriented investors with a 5+ year horizon. The fund's large AUM and institutional backing make it a trustworthy core equity holding. Also well suited for SIP investors who want consistent long-term compounding.
SBI Flexicap Fund's key strengths are R. Srinivasan's consistent growth-oriented philosophy, SBI AMC's institutional research platform, large AUM reflecting investor trust, and broad sector diversification. The very low exit load (0.10% within 30 days) is also attractive for investors who may need occasional liquidity.
✗ Not Suitable For
Investors wanting a conservative, large-cap-heavy portfolio — R. Srinivasan's growth style can lead to meaningful mid and small cap exposure. Those with short horizons under 5 years — the growth style can underperform in bear markets before recovering strongly. Investors who prefer a passive approach — a Nifty 50 index fund will be cheaper and more predictable.
Who Runs This Fund

Fund Manager

RS
R. Srinivasan
SBI Mutual Fund · Managing since 2013

R. Srinivasan is Head of Equity at SBI Funds Management and manages multiple flagship equity schemes including SBI Flexicap Fund. He is known for a growth-oriented investing style with conviction-based stock selection. His long tenure at SBI MF and consistent philosophy have made him one of the more recognisable equity fund managers in India.

For current co-manager details and full biography, refer to the latest SBI Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 119718
The official AMFI scheme code for SBI Flexicap FundOption Direct Growth is 119718. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
SBI Flexicap Fund is managed by the same fund manager — R. Srinivasan — who also manages SBI Small Cap Fund and SBI Focused Fund. A single manager running multiple large schemes raises capacity and attention questions. Monitor whether the fund's performance and portfolio character remains consistent as AUM grows.
Investment Objective
As per Scheme Information Document
To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalisation spectrum.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Flexi Cap Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
Parag Parikh Flexi Cap Fund ₹89.66 ₹1.33 L Cr Jan–Mar 2026 -0.2% +15.5% p.a. +15.6% p.a. 1.08
HDFC Flexi Cap Fund ₹2,118.50 ₹95.5K Cr Jan–Mar 2026 -0.3% +17.8% p.a. +17.7% p.a. 1.08
Kotak Flexicap Fund ₹93.90 ₹54.7K Cr Jan–Mar 2026 0.0% +14.4% p.a. +12.7% p.a. 0.64
SBI Flexicap Fund ▲ ₹117.48 ₹21.8K Cr Jan–Mar 2026 -0.3% +10.0% p.a. +10.0% p.a. 0.35
Axis Flexi Cap Fund ₹28.89 ₹12.5K Cr Jan–Mar 2026 -0.6% +13.3% p.a. +10.4% p.a. 0.55
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,573 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-0.7%
3 MonthPoint-to-point
-3.7%
6 MonthPoint-to-point
-7.0%
1 YearPoint-to-point
-0.3%
3 YearCAGR
+10.0% p.a.
5 YearCAGR
+10.0% p.a.
10 YearCAGR
+12.8% p.a.
₹1 Lakh → 5YLump sum growth
₹159,143

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+86.1%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-27.6%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+31.9% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-3.8% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+6.4%
2024
+15.2%
2023
+23.9%
2022
+1.6%
2021
+32.1%
2020
+14.7%
2019
+12.0%
2018
-4.4%
2017
+38.6%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
15.7%
Positive in 82% of windows
Best: 86.1% · Worst: -27.6%
3Y Rolling Avg
14.5% p.a.
Positive in 99% of windows
Best: 31.9% · Worst: -3.8%
5Y Rolling Avg
15.8% p.a.
Positive in 100% of windows
Best: 26.4% · Worst: 9.3%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-35.8%
Jan 2020 → Mar 2020
Recovered: Nov 2020 (11 mos)
Current from Peak
-8.2%
All-time Peak: ₹127.96
Peak date: Jan 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-15.8%
Sep 27, 2024 – Apr 7, 2025
Recovered: Jan 2026 (1yr 2mo)
COVID-19 Crash
-35.3%
Feb 19 – Mar 23, 2020
Recovered: Nov 2020 (11 mos)
2022 Rate Hike Cycle
-15.5%
Jan 17 – Jun 17, 2022
Recovered: Dec 2022 (9 mos)
2018 IL&FS Crisis
-15.2%
Aug 28 – Oct 26, 2018
Recovered: May 2019 (10 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.35
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.48
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
12.1%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
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Want to see what SBI Flexicap FundOption is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Flexi Cap Funds

See how SBI Flexicap FundOption ranks against other Flexi Cap funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.