Parag Parikh Flexi Cap Fund Direct Growth NAV at ₹89.48 on 10 September; Top Five Holdings at 29.28%

Key Takeaways

• Parag Parikh Flexi Cap Fund Direct Growth NAV edged 0.10% higher to ₹89.48 on 10 September 2026.
• The fund recorded a three-year CAGR of 12.30% and a five-year annualised return of 11.58%, compared with a one-year return of -3.94%.
• Fund size stood at approximately ₹148,429 crore, with a Direct Growth expense ratio of 0.69%.
• HDFC Bank, ICICI Bank, Power Grid Corporation, ITC and Bajaj Holdings together represented 29.28% of the disclosed portfolio.

Parag Parikh Flexi Cap Fund Direct Growth NAV stood at ₹89.48 on 10 September 2026, up 0.10% over the day. The single-day movement was limited, particularly when set beside the variation across its longer return periods. Its latest one-year return was -3.94%, whereas the three-year CAGR came in at 12.30%.

Over five years, the annualised return was 11.58%. That placed the three-year figure 0.72 percentage points above the five-year CAGR, though both remained substantially different from the latest one-year outcome. These figures describe returns over separate measurement windows and therefore reflect different market starting points rather than a continuous rate of performance.

The scheme managed approximately ₹148,429 crore. Its Direct Growth expense ratio was 0.69%, and the minimum investment amount was ₹1,000 for both SIP and lump-sum transactions. The size of the scheme makes AUM one of the more prominent numerical features of this fund's current snapshot.

HDFC Bank was the largest disclosed holding at 7.63%, followed by ICICI Bank at 5.67% and Power Grid Corporation at 5.58%. ITC accounted for another 5.26%, with Bajaj Holdings at 5.14%. Taken together, those five positions represented 29.28% of the portfolio, leaving 70.72% across the remaining holdings and portfolio components.

The latest risk statistics included a beta of 0.62, standard deviation of 2.94 and Sharpe ratio of 0.83. Alpha stood at 3.61. These are historical measures calculated from past observations and do not determine future NAV changes. The scheme's exit-load structure also varies by holding period, including different rates for redemptions within the first two years.