HDFC Flexi Cap Fund vs ICICI Prudential Multi Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
17.84%
3Y Return
20.43%
Chaliye, dekho ek comparison of two popular multi-cap funds in India - HDFC Flexi Cap Fund and ICICI Prudential Multi Cap Fund. Both funds are suitable for long-term wealth creation, but which one is better? In this article, we will compare their performance, risk profile, and costs to help you decide.
| Parameter | AHDFC Flexi Cap Fund - Direct Plan - Growth | BICICI Prudential Multi Cap Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | HDFC Mutual Fund | ICICI Prudential |
| Category | Multi Cap | Multi Cap |
| NAV (₹) | 1945.71 | 934.98 |
| AUM (₹ Cr) | 10.05 Lac Cr | 1.70 Lac Cr |
| Expense Ratio (%) | 0.67% | 0.99% |
| Riskometer | Very High | Very High |
| Volatility | 12.97 | 13.45 |
| Sharpe Ratio | 0.87 | 1.04 |
| 1 Year Return (%) | -0.81% | 6.9% |
| 3 Year Return (%) | 17.84% | 20.43% |
| 5 Year Return (%) | 17.6% | 17.37% |
| Since Launch (%) | 14.35% | 16.31% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 3 April 2006 | 2 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Roshi Jain; Gopal Agrawal (3.8 years yrs) | Lalit Kumar; Sharmila D'Silva (3.9 years yrs) |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI | Nifty 500 Multicap 50:25:25 TRI |
| Top 3 Holdings | HDFC Bank Ltd. (6.5%), ICICI Bank Ltd. (5.8%), Reliance Industries Ltd. (4.9%) | BSE Ltd. (3.31%), Ultratech Cement Ltd. (2.85%), Jindal Steel Ltd. (2.73%) |
| Asset Allocation | Equity: 97.00% | T-Bills: 3.00% | Equity: 97.97% |
| Portfolio Turnover | 26% | 45% |
🤖 AI Verdict – Which is Better?
Hai, our verdict is clear - ICICI Prudential Multi Cap Fund is the better choice for long-term wealth creation. Its 3Y return of 20.43% is higher than HDFC Flexi Cap Fund's 17.84%. Moreover, its expense ratio of 0.99% is slightly higher than HDFC Flexi Cap Fund's 0.67%. However, the riskometer rating is the same for both funds, indicating very high risk. So, if you are willing to take on higher risk, ICICI Prudential Multi Cap Fund is the better choice.
Why consider HDFC Flexi Cap Fund?
- Expense ratio: 0.67%
- 3Y return: 17.84%
- AUM: 10.05 Lac Cr
- Sharpe Ratio: 0.87
Why consider ICICI Prudential Multi Cap Fund?
- Expense ratio: 0.99%
- 3Y return: 20.43%
- AUM: 1.70 Lac Cr
- Sharpe Ratio: 1.04
📈 SIP Suitability
Sach ye hai, SIP (Systematic Investment Plan) is a great way to invest in mutual funds for long-term wealth creation. For a monthly SIP for 10+ years, we recommend HDFC Flexi Cap Fund. Its 3Y return of 17.84% is more stable compared to ICICI Prudential Multi Cap Fund's 20.43%. Moreover, its sharpe ratio of 0.87 is higher than ICICI Prudential Multi Cap Fund's 1.04, indicating better risk-adjusted returns.
⚠️ Risk & Cost Analysis
Lekin, both funds have very high risk ratings, making them unsuitable for conservative investors. However, when we compare the riskometer, volatility, Sharpe ratio, and expense ratio, HDFC Flexi Cap Fund offers better risk-adjusted returns. Its expense ratio of 0.67% is lower than ICICI Prudential Multi Cap Fund's 0.99%. So, if you are willing to take on higher risk, HDFC Flexi Cap Fund is a better option.
📊 Portfolio Diversification
Chaliye, let's compare the asset allocation and top holdings of both funds. HDFC Flexi Cap Fund has a higher equity allocation of 97.00% compared to ICICI Prudential Multi Cap Fund's 97.97%. However, its top holdings are more diversified, with HDFC Bank Ltd. (6.5%), ICICI Bank Ltd. (5.8%), and Reliance Industries Ltd. (4.9%) making up the top 3 holdings. ICICI Prudential Multi Cap Fund's top holdings are BSE Ltd. (3.31%), Ultratech Cement Ltd. (2.85%), and Jindal Steel Ltd. (2.73%), indicating higher sector risk.
SIP Calculator – Compare Growth Potential
HDFC Flexi Cap Fund
₹1664275.59
@17.8% annual return (3Y)
ICICI Prudential Multi Cap Fund
₹1966010.45
@20.4% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
According to the 5Y return, ICICI Prudential Multi Cap Fund gives better returns with 17.37%, whereas HDFC Flexi Cap Fund gives 17.6% return.
Q2: Is the higher risk fund worth it?
No, the higher risk fund is not worth it as HDFC Flexi Cap Fund has a lower volatility of 12.97 compared to ICICI Prudential Multi Cap Fund's 13.45.
Q3: Which fund is more cost-effective?
HDFC Flexi Cap Fund is more cost-effective with an expense ratio of 0.67% compared to ICICI Prudential Multi Cap Fund's 0.99%.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price