Parag Parikh Flexi Cap Fund Direct Growth NAV at ₹89.44 on 16 September; Top Five Holdings at 29.28%

Key Takeaways

• Parag Parikh Flexi Cap Fund Direct Growth NAV rose 0.15% to ₹89.44 on 16 September 2026.
• The scheme recorded a one-year return of -4.72%, compared with annualised returns of 11.86% over three years and 11.33% over five years.
• HDFC Bank, ICICI Bank, Power Grid Corporation, ITC and Bajaj Holdings together represented 29.28% of the disclosed portfolio.
• Fund size stood at approximately ₹147,405 crore, with a Direct Growth expense ratio of 0.69%.

Parag Parikh Flexi Cap Fund Direct Growth NAV stood at ₹89.44 on 16 September 2026, up 0.15% over the latest one-day period. The scheme's three-year CAGR was 11.86%. Its fund size was approximately ₹147,405 crore, making the scale of assets one of the more prominent numerical features of the latest scheme snapshot. The Direct Growth expense ratio was 0.69%.

Performance varied considerably depending on the measurement period. The latest one-year return was -4.72%. Over three years, the annualised return stood at 11.86%, and the five-year CAGR was 11.33%. The gap between the one-year return and five-year CAGR was 16.05 percentage points, illustrating how the most recent 12-month period differed from the longer historical record.

HDFC Bank was 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% across the remaining holdings and portfolio components. The two largest disclosed positions alone accounted for 13.30%.

The latest risk statistics listed alpha at 3.61, beta at 0.62, standard deviation at 2.94 and the Sharpe ratio at 0.83. These are historical portfolio measurements rather than forecasts of subsequent NAV behaviour. Minimum SIP and lump-sum investments were both ₹1,000.

The scheme is classified as a flexi-cap fund, allowing investment across large-, mid- and small-cap companies without a fixed allocation to each market-cap segment. Its latest numerical snapshot therefore combines a broad equity mandate with a portfolio in which the five largest disclosed holdings accounted for less than one-third of assets.