ICICI Prudential Flexi Cap fund vs Invesco India Flexi Cap Fund
ICICI Prudential Flexi Cap fund and Invesco India Flexi Cap Fund are both Flexi Cap funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +16.64% vs +18.49%, 5-year CAGR +14.88% vs —, volatility 15.72% vs 17.78%, maximum drawdown −19.71% vs −19.40%. Their portfolios overlap by 29.4% (24 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| ICICI Prudential Flexi Cap | Invesco India Flexi Cap | |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Invesco Mutual Fund |
| Compared as | Flexi Cap | Flexi Cap |
| NAV | ₹21.9500 | ₹21.4300 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 19 Jul 2021 | 16 Feb 2022 |
| Track record | 5.3 yrs | 4.7 yrs |
| Fund size (AUM) | ₹25,141 Cr | ₹5,437 Cr |
| Securities held | 80 | 78 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ICICI Prudential Flexi Cap | Invesco India Flexi Cap | |
|---|---|---|
| 1 month | +4.62% | +6.62% |
| 3 months | −1.92% | +1.61% |
| 6 months | +7.44% | +9.23% |
| 1 year | +6.30% | +6.51% |
| 3 years (CAGR) | +16.64% | +18.49% |
| 5 years (CAGR) | +14.88% | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +15.99% | +17.50% |
| SIP return (XIRR, 5 years) ⓘ | +15.21% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| ICICI Prudential Flexi Cap | Invesco India Flexi Cap | |
|---|---|---|
| 2026 (year to date) | +5.28% | +7.36% |
| 2025 | +10.61% | +0.91% |
| 2024 | +22.40% | +36.32% |
| 2023 | +29.30% | +35.73% |
| 2022 | +10.38% | — |
Risk
| ICICI Prudential Flexi Cap | Invesco India Flexi Cap | |
|---|---|---|
| Volatility (annualised) ⓘ | 15.72% | 17.78% |
| Downside volatility ⓘ | 11.17% | 12.24% |
| Sharpe ratio ⓘ | 0.65 | 0.67 |
| Sortino ratio ⓘ | 0.91 | 0.98 |
| Maximum drawdown ⓘ | −19.71% | −19.40% |
| Recovery from that fall | 7 months | 5 months |
| Current fall from peak | −2.14% | 0.00% |
| Rolling 1-year return: worst | −3.81% | −6.22% |
| Rolling 1-year return: median | +12.44% | +15.48% |
| Rolling 1-year return: best | +50.44% | +62.07% |
| Share of 1-year periods with a loss | 2.08% | 6.99% |
Against each fund's benchmark
| ICICI Prudential Flexi Cap | Invesco India Flexi Cap | |
|---|---|---|
| Beta ⓘ | 0.98 | 1.07 |
| Alpha (Jensen's, annualised) ⓘ | +4.84% | +5.96% |
| R² ⓘ | 90.63 | 87.31 |
| Upside capture | 116.34% | 127.31% |
| Downside capture | 96.86% | 105.54% |
| Tracking error | 4.92% | 6.49% |
| Information ratio | 1.06 | 1.02 |
| Treynor ratio | 9.12 | 9.63 |
Portfolio
Asset mix
| ICICI Prudential Flexi Cap | Invesco India Flexi Cap | |
|---|---|---|
| Equity | 97.19% | 97.58% |
| Cash & equivalents | 2.31% | 1.55% |
| Debt | 0.53% | 0.00% |
| REITs / InvITs | 0.00% | 0.87% |
Market-cap split (share of fund assets)
| ICICI Prudential Flexi Cap | Invesco India Flexi Cap | |
|---|---|---|
| Large Cap | 61.10% | 43.29% |
| Mid Cap | 12.63% | 26.86% |
| Small Cap | 23.02% | 25.36% |
| Unclassified | 0.41% | 2.07% |
Concentration
| ICICI Prudential Flexi Cap | Invesco India Flexi Cap | |
|---|---|---|
| Top 10 holdings | 43.23% | 29.87% |
| Effective number of stocks ⓘ | 33.1 | 52.7 |
| Securities held | 80 | 78 |
Portfolio overlap: 29.4%
24 companies are held by both funds; by weight, 29.4% of the two portfolios is the same. That is a moderate overlap.
| Held by both | ICICI Prudential Flexi Cap | Invesco India Flexi Cap |
|---|---|---|
| ICICI Bank Limited | 6.90% | 6.63% |
| Bharti Airtel Limited | 2.42% | 3.10% |
| Lenskart Solutions Limited | 2.36% | 2.14% |
| InterGlobe Aviation Limited | 1.86% | 1.69% |
| TVS Motor Company Ltd. | 9.51% | 1.65% |
| Mahindra & Mahindra Limited | 3.46% | 1.61% |
| Kotak Mahindra Bank Limited | 1.58% | 2.20% |
| Tata Motors Ltd | 1.51% | 1.95% |
| Avenue Supermarts Ltd. | 4.18% | 1.36% |
| Eternal Limited | 3.73% | 1.28% |
| Netweb Technologies India Limited | 1.14% | 1.31% |
| Larsen & Toubro Limited | 1.02% | 3.23% |
| Trent Limited | 0.85% | 2.08% |
| PB Fintech Limited | 1.45% | 0.61% |
| Ethos Ltd. | 2.06% | 0.57% |
Top 10 holdings
ICICI Prudential Flexi Cap
- TVS Motor Company Ltd.9.51%
- ICICI Bank Limited6.90%
- Maruti Suzuki India Limited4.48%
- Avenue Supermarts Ltd.4.18%
- Eternal Limited3.73%
- Mahindra & Mahindra Limited3.46%
- HDFC Bank Limited3.12%
- Axis Bank Limited3.08%
- Bharti Airtel Limited2.42%
- Lenskart Solutions Limited2.36%
Invesco India Flexi Cap
- ICICI Bank Limited6.63%
- Larsen & Toubro Limited3.23%
- Bajaj Finance Limited3.19%
- Bharti Airtel Limited3.10%
- Sai Life Sciences Limited2.61%
- Titan Company Limited2.35%
- Multi Commodity Exchange of India Limited2.34%
- Kotak Mahindra Bank Limited2.20%
- Lenskart Solutions Limited2.14%
- Max Healthcare Institute Limited2.08%
Sector exposure
| ICICI Prudential Flexi Cap | Invesco India Flexi Cap | |
|---|---|---|
| Automobiles | 18.23% | 4.47% |
| Banks | 16.63% | 12.36% |
| Retailing | 11.80% | 10.62% |
| Consumer Durables | 7.27% | 5.00% |
| Finance | 0.54% | 7.23% |
| Capital Markets | 1.43% | 7.17% |
| IT - Software | 3.84% | 7.08% |
| Auto Components | 6.80% | 2.54% |
| Healthcare Services | 1.12% | 6.58% |
| Pharmaceuticals & Biotechnology | 2.66% | 4.31% |
| Realty | 0.00% | 3.98% |
| Transport Services | 3.78% | 2.08% |
| Construction | 1.02% | 3.23% |
| Telecom - Services | 2.42% | 3.10% |
Questions people ask
What is the difference between ICICI Prudential Flexi Cap and Invesco India Flexi Cap returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +6.30% vs +6.51%; 3-year CAGR +16.64% vs +18.49%; 5-year CAGR +14.88% vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do ICICI Prudential Flexi Cap and Invesco India Flexi Cap compare on risk?
Volatility (36 monthly returns, annualised) 15.72% vs 17.78%; Sharpe ratio 0.65 vs 0.67; Sortino ratio 0.91 vs 0.98; maximum drawdown −19.71% vs −19.40%; beta 0.98 vs 1.07.
How much do ICICI Prudential Flexi Cap and Invesco India Flexi Cap overlap?
By weight, 29.4% of the two portfolios is invested in the same companies; 24 stocks are held by both, the largest shared positions being ICICI Bank Limited, Bharti Airtel Limited, Lenskart Solutions Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of ICICI Prudential Flexi Cap and Invesco India Flexi Cap?
ICICI Prudential Flexi Cap: large cap 61.1%, mid cap 12.6%, small cap 23.0%. Invesco India Flexi Cap: large cap 43.3%, mid cap 26.9%, small cap 25.4% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
ICICI Prudential Flexi Cap vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.