Shriram Flexi Cap Fund
The portfolio remains heavily tilted toward banking and financial services, with nearly a quarter of assets concentrated in the sector, signaling conviction in India's lending cycle and economic resilience. Recent activity—adding energy exposure through ONGC, introducing call options on IT majors, and reducing financial stocks modestly—suggests the manager is hedging valuation risk while selectively rotating toward cyclical recovery plays. The elevated cash buffer and deliberate sector rebalancing indicate cautious optimism rather than aggressive conviction.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹21.9358 | — | — | — | — |
| Regular Growth | ₹19.1766 | -1.12% | -2.44% | +8.86% | +9.21% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Oil & Natural Gas Corporation Ltd. | 1.19% |
| Dodla Dairy Ltd. | 0.56% |
| CALL TECHM 26-May-2026 1540 | 0.00% |
| CALL HCLTECH 26-May-2026 1250 | 0.00% |
| CALL TCS 26-May-2026 2540 | 0.00% |
| CALL INFY 26-May-2026 1240 | -0.01% |
| CALL ETERNAL 26-May-2026 250 | -0.01% |
| CALL INDIGO 26-May-2026 4200 | -0.03% |
| Clearing Corporation of India Ltd. | 1.33% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 7.72% |
| 2 | Reliance Industries Ltd. INE002A01018 | 5.48% |
| 3 | ICICI Bank Ltd. INE090A01021 | 4.66% |
| 4 | State Bank of India INE062A01020 | 4.34% |
| 5 | Bharti Airtel Ltd. INE397D01024 | 3.95% |
| 6 | Axis Bank Ltd. INE238A01034 | 3.89% |
| 7 | Net Receivables / (Payables) | 3.45% |
| 8 | Infosys Ltd. INE009A01021 | 2.61% |
| 9 | Larsen & Toubro Ltd. INE018A01030 | 2.53% |
| 10 | NTPC Ltd. INE733E01010 | 2.35% |
| 11 | SBI Life Insurance Company Ltd. INE123W01016 | 2.16% |
| 12 | Mahindra & Mahindra Ltd. INE101A01026 | 2.06% |
| 13 | ITC Ltd. INE154A01025 | 2.04% |
| 14 | InterGlobe Aviation Ltd. INE646L01027 | 1.93% |
| 15 | Bharat Electronics Ltd. INE263A01024 | 1.92% |
| 16 | Computer Age Management Services Ltd. INE596I01020 | 1.88% |
| 17 | Adani Ports & Special Economic Zone Ltd. INE742F01042 | 1.74% |
| 18 | Tata Consultancy Services Ltd. INE467B01029 | 1.72% |
| 19 | Ajanta Pharma Ltd. INE031B01049 | 1.47% |
| 20 | Maruti Suzuki India Ltd. INE585B01010 | 1.42% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Shriram Flexi Cap Fund hold?
Shriram Flexi Cap Fund holds 73 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 26.15% of NAV.
What is the largest holding in Shriram Flexi Cap Fund?
The largest position in Shriram Flexi Cap Fund is HDFC Bank Ltd., accounting for 7.72% of NAV in the Banks sector.
Is Shriram Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.439, Shriram Flexi Cap Fund is well-diversified. The HHI concentration index is 25,370 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 26.15% of the portfolio.
What is the market cap allocation of Shriram Flexi Cap Fund?
Based on SEBI's AMFI classification, Shriram Flexi Cap Fund's equity portfolio is split as: Large Cap: 66.56%, Mid Cap: 10.79%, Small Cap: 19.01%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Shriram Flexi Cap Fund invest in most?
Shriram Flexi Cap Fund has the highest allocation to Banks (22.97%), IT - Software (6.97%), Petroleum Products (6.71%). The fund is invested across 34 sectors in total.
How actively managed is Shriram Flexi Cap Fund compared to other Flexi Cap Fund funds?
Shriram Flexi Cap Fund has an Active Share of 55.14%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Shriram Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Shriram Flexi Cap Fund added 9 new stocks (including Oil & Natural Gas Corporation Ltd.) and exited 4 stocks (including InterGlobe Aviation Ltd.). Total holding count increased from 77 to 82 stocks.