Parag Parikh Flexi Cap Fund Direct Growth NAV Rises to ₹89.74 on 2 November 2026; 3-Year CAGR at 12.46%

Key Takeaways

• Parag Parikh Flexi Cap Fund Direct Growth recorded a NAV of ₹89.74 on 2 November 2026, with the primary NAV card showing a 0.57% one-day increase.
• Historical returns stood at -5.87% over one year, 12.46% CAGR over three years and 10.91% CAGR over five years.
• The latest fund snapshot showed ₹145,071 crore in assets under management and a Direct Growth expense ratio of 0.69%.
• HDFC Bank was the largest disclosed holding at 7.75%, followed by Power Grid Corporation at 5.60% and ITC at 5.49%.

Parag Parikh Flexi Cap Fund Direct Growth recorded a NAV of ₹89.74 on 2 November 2026, rising 0.57% over the valuation day. Its historical performance figures showed a three-year CAGR of 12.46% and a five-year CAGR of 10.91%, while the one-year return stood at -5.87%. The different return periods cover separate market environments and should be interpreted independently rather than as indicators of subsequent performance.

The latest fund snapshot placed assets under management at ₹145,071 crore. The Direct Growth plan carried an expense ratio of 0.69%, with minimum SIP and minimum lump-sum investments of ₹1,000 each. Historical risk statistics included an alpha of 3.82, standard deviation of 2.98, beta of 0.61 and Sharpe ratio of 0.68. These figures describe historical portfolio behaviour and risk-adjusted performance rather than future NAV movements.

HDFC Bank was the largest disclosed portfolio position at 7.75%. Power Grid Corporation accounted for 5.60%, ITC for 5.49%, Coal India for 5.39% and ICICI Bank for 5.24%. Together, the five disclosed positions represented 29.47% of the portfolio based on the displayed weights.

The scheme follows a flexi-cap approach, which allows its equity portfolio to invest across companies of different market-cap sizes rather than maintaining a fixed allocation to a single segment. Its mandate also permits exposure to overseas equities and debt instruments within applicable limits. As a result, portfolio composition can change as valuations, market conditions and investment decisions evolve.

The latest one-day NAV increase represents a single valuation movement and should be viewed alongside the scheme's longer-period performance record, expenses, risk statistics and portfolio composition.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.