This invention provides an image capturing lens system comprising: a positive first lens element having a convex object-side surface; a negative second lens element having a concave object-side surface and a convex image-side surface; a third lens element with refractive power; a positive fourth lens element having a convex image-side surface, both of the object-side and image-side surfaces being aspheric; a fifth lens element with refractive power having a concave image-side surface, both of the object-side and image-side surfaces being aspheric, at least one inflection point is positioned on the image-side surface thereof. When some particular relations are satisfied, the light-focusing spots of various wavelengths can be favorably adjusted for extending the depth of field; therefore, the present image capturing lens system shall be suitable for compact electronic products with Extended Depth of Field (EDOF) function.