Parag Parikh Flexi Cap Fund Direct Growth NAV Edges Up to ₹89.8569 on 18 September; 3-Year Return at 12.04%

Key Takeaways

• Parag Parikh Flexi Cap Fund Direct Growth recorded an NAV of ₹89.8569 on 18 September 2026, up 0.16% for the valuation day.
• The latest three-year annualised return stood at 12.04%.
• Assets under management were approximately ₹1,47,405 crore, with the Direct Plan base expense ratio at 0.53%.
• HDFC Bank, ICICI Bank, Power Grid, ITC and Bajaj Holdings together represented 29.28% of the disclosed portfolio.

Parag Parikh Flexi Cap Fund Direct Growth NAV stood at ₹89.8569 as of 18 September 2026, representing a 0.16% increase for the day. The relatively modest movement followed the pattern expected from a diversified flexi-cap portfolio rather than a concentrated exposure to a single market segment. The scheme's three-year annualised return was 12.04%.

The fund remained one of the larger actively managed equity schemes, with assets of approximately ₹1,47,405 crore. Its Direct Plan base expense ratio was 0.53%. Minimum investment requirements were ₹1,000 for both SIP and lump-sum purchases. The scheme has been operating since May 2013 and follows a flexi-cap mandate, allowing allocation across large-, mid- and small-cap companies without a predetermined split between the three segments.

Portfolio concentration offers another useful numerical reference point. HDFC Bank accounted for 7.63%, ICICI Bank 5.67%, Power Grid 5.58%, ITC 5.26% and Bajaj Holdings 5.14%. Together, these five positions represented 29.28% of the disclosed portfolio, leaving 70.72% spread across the remaining holdings and portfolio components.

The 18 September NAV should be read separately from supporting portfolio statistics because holdings, AUM and expense-ratio disclosures do not necessarily update every valuation day. The NAV itself, however, corresponds specifically to the requested valuation date. The three-year annualised figure also provides a longer-period reference than the single-day 0.16% movement, which by itself says little about the fund's historical return pattern.