This represents an absolute gain of 65.2% over the three-year period.
Over the same period, ₹10,000 invested in the fund’s benchmark, the BSE 500 TRI, would have grown to ₹14,325, while the Nifty 50 TRI would have turned it into ₹13,003.
The fund, which completed three years on August 14, has delivered a compounded annual growth rate (CAGR) of 18.21% in its direct-growth plan since inception, compared with 12.74% for the BSE 500 TRI, according to the fund house.
The regular-growth plan delivered a CAGR of 16.59%.
The regular plan generated an absolute return of 58.5% over the same period.
What is the fund?
Bajaj Finserv Flexi Cap Fund is an open-ended equity scheme that can invest across large-cap, mid-cap and small-cap stocks. The fund house says it follows a “megatrends” approach, looking for companies that could benefit from long-term changes in areas such as technology, demographics, regulation, sustainability and economic activity.
As of July 31, 2026, the scheme had assets under management of ₹8,149.81 crore across 3,22,231 investor folios.The fund house also reported a Sharpe ratio of 0.82 for the scheme since inception, compared with 0.50 for the BSE 500 TRI. Its standard deviation stood at 13.24 against 14.22 for the benchmark.
What investors should keep in mind
The three-year numbers show that the fund has outperformed its benchmark since launch, but three years is still a relatively short period for assessing the performance of an equity mutual fund across different market conditions.
Also, the 65.2% figure is the total return over the three-year period, while the 18.21% figure is the annualised return (CAGR).
These should not be treated as the same measure.
Past returns do not guarantee future performance. A fund’s recent outperformance can change as market conditions, valuations and portfolio holdings change. Investors should also consider the scheme’s risk, investment strategy, expense ratio, portfolio concentration and suitability for their investment horizon and risk appetite.
