Parag Parikh Flexi Cap Fund Direct Growth NAV at ₹89.57 on 11 September; 3-Year CAGR at 12.32%

Key Takeaways

• Parag Parikh Flexi Cap Fund Direct Growth NAV edged 0.10% higher to ₹89.57 on 11 September 2026.
• Its latest one-year return stood at -3.87%, compared with a three-year CAGR of 12.32% and a five-year CAGR of 11.60%.
• The scheme managed approximately ₹147,405 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 portfolio.

Parag Parikh Flexi Cap Fund Direct Growth NAV stood at ₹89.57 on 11 September 2026, up 0.10% from the previous valuation. The daily change was modest, particularly against the variation seen across its longer return periods. Its latest one-year return remained negative at -3.87%, whereas the three-year CAGR stood at 12.32%. 

Over five years, the fund recorded an annualised return of 11.60%. That was 0.72 percentage points below the three-year figure, showing that the longest measurement period did not produce the highest trailing return. Each period begins from a different historical NAV, so the figures describe separate market windows rather than a consistent annual return path. 

The scheme managed approximately ₹147,405 crore. Its Direct Growth expense ratio stood at 0.69%, while the minimum SIP and minimum lump-sum investment were both ₹1,000. The combination of a large asset base and relatively small minimum investment amount is part of the fund's current numerical profile, without altering the market-linked nature of its NAV. 

HDFC Bank remained the largest disclosed holding at 7.63%. ICICI Bank accounted for 5.67%, Power Grid Corporation 5.58%, ITC 5.26% and Bajaj Holdings 5.14%. Together, these five positions represented 29.28% of the portfolio, leaving 70.72% distributed across the remaining holdings and portfolio components. 

Historical risk statistics included a beta of 0.62 and standard deviation of 2.94. The Sharpe ratio stood at 0.83 and alpha at 3.61. These metrics are calculated from past observations and provide additional context to the return record; they do not determine the direction of future NAV movements.