The HDFC Flexi Cap Fund is a dynamic equity scheme investing across large‑cap, mid‑cap and small‑cap stocks with flexible allocation. As of mid‑2025 its AUM is ~₹80,642 crore and it holds ~88% in domestic equities (majority large‑cap ~60%). It is classified under the “Flexi Cap” equity category where 5‑year annualised returns average ~16‑18%. The fund suits investors with investment horizon of 5+ years willing to accept equity volatility for higher growth potential.