Parag Parikh Flexi Cap Fund Direct Growth NAV at ₹88.9695 on 23 October 2026; 3-Year Return at 12.28%

Key Takeaways

• Parag Parikh Flexi Cap Fund Direct Growth recorded a NAV of ₹88.9695 on 23 October 2026, with the Direct Plan NAV declining 0.49% over the valuation day.
• The scheme's three-year annualised return stood at 12.28%, providing a longer-period reference alongside the daily NAV movement.
• The latest available fund snapshot showed assets of approximately ₹1,45,070 crore and a base expense ratio of 0.53%.
• HDFC Bank remained the largest disclosed holding at 7.75%, followed by Power Grid, ITC, Coal India and ICICI Bank.

Parag Parikh Flexi Cap Fund Direct Growth recorded a NAV of ₹88.9695 on 23 October 2026. The Direct Plan record showed a 0.49% decline for the valuation day, while its three-year return stood at 12.28% annualised. The exact-date NAV was established through the permitted Direct Plan record after the 5paisa primary card had not yet reflected the requested valuation date.

The scheme is a flexi-cap equity fund, allowing its portfolio to be spread across companies of different market capitalisations rather than being restricted to one size segment. The latest available fund data placed its assets under management at about ₹1,45,070 crore. Value Research listed a base expense ratio of 0.53%, while both the minimum lump-sum investment and minimum SIP investment were shown at ₹1,000.

The disclosed portfolio remained concentrated in several large companies. HDFC Bank accounted for 7.75%, making it the largest disclosed position, followed by Power Grid at 5.60%, ITC at 5.49%, Coal India at 5.39% and ICICI Bank at 5.24%. Together, these five positions represented 29.47% of the disclosed portfolio, based on the reported weights.

The portfolio composition means movements in major banking, utilities, consumer and energy holdings can influence the scheme's NAV alongside broader equity-market changes. The daily NAV movement should nevertheless be viewed separately from longer-period performance because the two capture different time horizons. The 23 October NAV is the value applicable to that specific valuation date and has not been reconstructed from another day's NAV.