ICICI Prudential Flexicap among 10 flexicap funds to increase smallcap exposure in April. Check details

Around 10 flexicap funds have increased their smallcap exposure in April 2026 compared to the exposure in March 2023 i.e. over a period of three years. Here is a detailed breakup (Source: ET Wealth)

Flexicap funds have complete flexibility to increase or reduce allocations depending on market opportunities and valuations.

Two funds increased their smallcap exposure by over 20% in three years. Navi Flexi Cap Fund which had an exposure of 12.2% in March 2023 increased its exposure by 29.2% to 41.5% in April 2026. Samco Flexi Cap Fund which had an exposure of 10.9% in March 2023 increased its exposure by 22.2% to 33.1% in April 2026.

ICICI Prudential Flexicap Fund which had an exposure of 8.3% in March 2023 increased its exposure by 19.4% to 27.8% in April 2026.

Bank of India Flexi Cap Fund which had an exposure of 14.3% in March 2023 increased its exposure by 13.3% to 27.7% in April 2026. Invesco India Flexi Cap Fund which had an exposure of 7.4% in March 2023 increased its exposure by 13.2% to 20.6% in April 2026. Union Flexi Cap Fund which had an exposure of 10.8% in March 2023 increased its exposure by 13.1% to 23.9% in April 2026.

Bandhan Flexi Cap Fund which had an exposure of 4.9% in March 2023 increased its exposure by 10.4% to 15.3% in April 2026.

HSBC Flexi Cap Fund which had an exposure of 14.6% in March 2023 increased its exposure by 9.8% to 24.4% in April 2026. WhiteOak Capital Flexi Cap Fund which had an exposure of 22.5% in March 2023 increased its exposure by 9.5% to 32% in April 2026.

Shriram Flexi Cap Fund which had an exposure of 11.2% in March 2023 increased its exposure by 8.5% to 19.7% in April 2026.

“Coincidentally, we found more interesting businesses in the small-cap space. A lot of unique businesses are only available in this basket,” said Rajat Chandak, Senior Fund Manager at ICICI Prudential AMC.