Bajaj Finserv Flexi Cap Fund to complete 3 years in August: 5 key points to know about this scheme

As the Bajaj Finserv Flexi Cap Fund is about to complete three years, this article explains five key points about this scheme. Please note this exercise is for educational and informational purposes only and is not intended as a recommendation to invest in this scheme.

What is Bajaj Finserv Flexi Cap Fund?

Bajaj Finserv Flexi Cap Fund is an open-ended equity scheme of Bajaj Asset Management Ltd that aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments across market capitalisations. The scheme invests across large, mid and small-sized companies.

Launched on August 14, 2023, the scheme is currently managed by Nimesh Chandan and is benchmarked against the BSE 500 - TRI.

As of June 30, 2026, the scheme's AUM (Assets Under Management) stood at ₹7,768.94 crore.

The scheme's portfolio held 68 stocks spread across 26 sectors as of the latest disclosure on June 30, 2026, with a Price-to-Earnings (P/E) ratio of 44.54 and a Price-to-Book (P/B) ratio of 8.73, according to Ace MF.

What does the scheme's portfolio look like?

Bajaj Finserv Flexi Cap Fund's June 2026 portfolio was tilted towards large-cap stocks, which made up 45.3% of the equity allocation. Small-cap stocks accounted for 28.55%, midcap stocks for 24.08%, and the remaining 2.07% was in other holdings. Equity made up 97.94% of total assets, with the balance 2.08% held in other instruments such as cash.

The top 10 stocks in the scheme's portfolio were the following:

In June, the flexi-cap fund increased its allocation in the top 10 equity holdings, except Divi's Laboratories. The fund also added five new companies to its portfolio and exited two, while its holdings in 63 companies remained unchanged.

Sector-wise, banks had the most portfolio allocation at 18.60%, followed by Automobile & Ancillaries (14.51%), Healthcare (10.42%), Capital Goods (9.84%) and Finance (5.92%). Construction materials, Textile, Crude Oil, FMCG and Consumer Durables were other sectors in the top 10.

How has this scheme performed?

Bajaj Finserv Flexi Cap Fund touched a 52-week high NAV of 16.28 on July 21, 2026, and a 52-week low NAV of 13.56 on March 23, 2026. The scheme's returns relative to its benchmark, along with its category rank over various periods, are as follows:

A monthly SIP of ₹5,000 in this scheme has grown to ₹64,480 over one year, against a total investment of ₹60,000. As the fund is not yet three years old, three-year, five-year and ten-year SIP figures are not available.

What are the risks investors should know?

This flexi-cap fund invests across large, mid and small-cap companies, which means its performance may swing more sharply than a pure large-cap fund. More so when mid and small-cap stocks, which together make up over 50% of the scheme's current equity portfolio, go through volatile phases in the market.

For instance, Bajaj Finserv Flexi Cap Fund delivered a strong one-year gain of 50.77% between September 22, 2023, and September 23, 2024. However, it also saw a sharp fall of 14.74% over three months between December 4, 2024 and March 4, 2025, and a monthly decline of 12.53% between February 23, 2026 and March 23, 2026.

Investors should keep in mind that a flexi cap fund's ability to move across market caps is meant to help the fund manager navigate different market cycles, but it does not eliminate the risk of drawdowns.

Since this scheme has a track record of under three years, investors should be cautious about reading too much into recent returns. It is also advisable to consult a SEBI-registered financial advisor for guidance before investing in this or any other equity mutual fund scheme.