Parag Parikh Flexi Cap Fund – Direct Growth

Equity · Flexi Cap
 · ★★★★★
1,000
Min SIP
1,000
Min Lumpsum
0.67 %
Expense Ratio
★★★★★
Rating
40,760
Fund Size (in Cr)
10 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 29 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 25.6% 25.5% 20.1% 19.4%
Category Average 19.5% 24.2% 14.8% -

Scheme Allocation

By Holding
By Sector
By Asset
8.01%
ITC
6.55%
5.61%
5.48%
Others
67.43%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 8.01%
Bajaj Holdings Finance Equity 6.92%
ITC Tobacco Products Equity 6.55%
Axis Bank Banks Equity 5.61%
ICICI Bank Banks Equity 5.48%
Coal India Mining & Mineral products Equity 5.2%
HCL Technologies IT - Software Equity 5.18%
Power Grid Corpn Power Generation & Distribution Equity 4.92%
Maruti Suzuki Automobile Equity 4.17%
Motil.Oswal.Fin. Stock/ Commodity Brokers Equity 1.72%
Infosys IT - Software Equity 1.66%
NMDC Mining & Mineral products Equity 1.58%
Indian Energy Ex Miscellaneous Equity 1.37%
C D S L Miscellaneous Equity 1.34%
Cipla Pharmaceuticals Equity 1.12%
Zydus Lifesci. Pharmaceuticals Equity 1.11%
Multi Comm. Exc. Miscellaneous Equity 1.03%
Dr Reddy's Labs Pharmaceuticals Equity 0.92%
Bajaj Finance Finance Equity 0.79%
Ipca Labs. Pharmaceuticals Equity 0.76%
Balkrishna Inds Tyres Equity 0.7%
ICRA Credit Rating Agencies Equity 0.61%
UTI AMC Finance Equity 0.56%
Oracle Fin.Serv. IT - Software Equity 0.42%
NMDC Steel Steel Equity 0.37%
IndusInd Bank Banks Equity 0.36%
Mah. Scooters Finance Equity 0.14%
Hind. Unilever FMCG Equity 0.13%
Tech Mahindra IT - Software Equity 0.12%
Tata Motors Automobile Equity 0.07%
Bank of Baroda Banks Equity 0.06%
TCS IT - Software Equity 0.05%
Reliance Industr Refineries Equity 0.02%
HDFC Life Insur. Insurance Equity 0.01%
Canara Bank Banks Equity 0%
United Spirits Alcoholic Beverages Equity 0%
Banks
19.49%
Others
18.39%
Debt
12.6%
Finance
7.9%
IT-Software
7.23%
Others
34.38%
View all Sectors
Sectors Asset
Banks 19.49%
Others 18.39%
Debt 12.6%
Finance 7.9%
IT-Software 7.23%
Diversified FMCG 7.22%
Capital Markets 6.69%
Power 5.4%
Consumable Fuels 4.99%
Pharmaceuticals & Biotech 3.93%
Automobiles 3.53%
Minerals & Mining 1.54%
Auto Components 0.78%
Ferrous Metals 0.33%
Agricultural, Commercial 0.12%
Insurance 0.01%
Cash & Others -0.15%
Equity
69.07%
Foreign Equity
17.4%
Reverse Repos
12.57%
Fixed Deposit
0.55%
Certificate of Deposit
0.36%
Others
0.05%

Advance Ratio

7.99
Alpha
3.38
SD
0.64
Beta
1.89
Sharpe

Exit Load

Exit Load In respect of each purchase / switch-in of Units, 10% of the units (the limit) may be redeemed without any exit load from the date of allotment. 2.00% If redeemed/switched out within 365 days from the date of allotment. 1.00% If redeemed/switched out after 365 days but within 730 days from the date of allotment. Nil if redeemed/switched out after 730 days from the date of allotment.

Fund Objective

The Parag Parikh Flexi Cap Fund is a diversified equity scheme which was launched on 10th October 2012 by PPFAS mutual fund.

The Parag Parikh Flexi Cap Fund Direct Growth fund is managed by Raunak Onkar, Rajeev Thakkar, and Raj Mehta. The bulk of the fund’s holdings are spread among the banking, services, IT, consumer goods, and auto manufacturers industries.

The scheme’s investment objective is to strive to produce long-term capital growth via an actively managed portfolio that is predominantly composed of equity and equity-related securities. This growth will be achieved by actively managing the portfolio. The scheme will make investments in debt securities, overseas stocks, and Indian equities, as well as associated products.

Pros & Cons

Pros Cons
It has a stronger alpha of 10.9% than its benchmark, the NIFTY 500 TRI. Funds with a greater AUM frequently have lower future returns
The 3 and 5 annualised returns exceed the category average. Annualised returns over one year are 27.52%, which is below the category average.
The performance of the fund over the last 3 years has been outstanding.
It has earned 10.9% more alpha than the benchmark, the NIFTY 500 TRI.

Who should invest in Parag Parikh Flexi Cap Fund?

The Parag Parikh Flexi Cap fund is consistently ranked among the most sought-after options within the Flexi Cap category. It provides inflation-beating performance over the long term and is appropriate for investment goals with a tenure of at least 10 to 15 years (minimum 5 years).

The Parag Parikh Flexi Cap has regularly beaten its rivals and its benchmark. Since its inception in 2013, the fund has generated a return of Rs 442 for Rs 100 invested. In addition, the scheme’s corpus is not limited to a certain industry, market capitalisation, geographic region, etc.

An individual who desires to invest for a minimum of 5 years and who is OK with volatility may choose this investment choice. If you’re looking for a low-risk, short-term investment, this isn’t the fund for you.

What are the benefits of investing in the Parag Parikh Flexi Cap Fund?

  • Since its inception in 2013, the Parag Parikh Flexicap Fund has consistently returned an average of 17.5% annually for its investors (CAGR). That’s an increase of 4.5–5% in returns compared to the NIFTY 500 TRI and the NIFTY 50 TRI.
  • To date, no investor who maintained their position in the PPFAS Flexi Cap fund for at least 7 years has experienced a loss. Over a seven-year time horizon, the fund has provided a minimum return of 14%, significantly above its benchmark.
  • Concerning risk-return metrics, Parag Parikh Flexi Cap Fund has an unrivalled track record. Parag Parikh Flexi Cap Fund has outperformed its benchmark and the vast majority of its category rivals over the last several years, notwithstanding the extreme volatility seen in the equities markets.
  • The Parag Parikh Flexi Cap Fund has generated significant alpha above its benchmark Nifty 500 – TRI and has outperformed the vast majority of its category rivals over the previous three, five, and seven years, with compound annual growth rates of about 26.6%, 19%, and 18.3%, respectively.
  • The fund has underperformed the benchmark and several of its rivals over the last year, but it has the potential to recover and outperform in the future.

Fund Managers

Rajeev Thakkar

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

PPFAS Mutual Fund
AUM:
39,110 Cr
Address:
81/82,8th Floor,sakhar Bhavan,Ramnath Goenka Marg,230,Nariman Point Mumbai 400021
Contact:
022-61406555
Email ID:
Priyah@ppfas.com

Frequently Asked Questions

How to invest in Parag Parikh Flexi Cap Fund – Direct Growth ?

You can invest in Parag Parikh Flexi Cap Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Parag Parikh Flexi Cap Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Parag Parikh Flexi Cap Fund – Direct Growth ?

The NAV of Parag Parikh Flexi Cap Fund – Direct Growth is ₹62.8 as of 29 September 2023.

How to redeem Parag Parikh Flexi Cap Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Parag Parikh Flexi Cap Fund – Direct Growth?

The minimum SIP amount of Parag Parikh Flexi Cap Fund – Direct Growth is ₹1000

What are the top sectors Parag Parikh Flexi Cap Fund – Direct Growth has invested in?

The top sectors Parag Parikh Flexi Cap Fund – Direct Growth has invested in are
  1. Banks - 19.49%
  2. Others - 18.39%
  3. Debt - 12.6%
  4. Finance - 7.9%
  5. IT-Software - 7.23%

Can I make investments in both the SIP and Lump Sum schemes of Parag Parikh Flexi Cap Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Parag Parikh Flexi Cap Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Parag Parikh Flexi Cap Fund – Direct Growth generated ?

The Parag Parikh Flexi Cap Fund – Direct Growth has delivered 19.4% since inception

What is the expense ratio of Parag Parikh Flexi Cap Fund – Direct Growth ?

The expense ratio of Parag Parikh Flexi Cap Fund – Direct Growth is 0.67 % as of 29 September 2023.

What is the AUM of Parag Parikh Flexi Cap Fund – Direct Growth?

The AUM of Parag Parikh Flexi Cap Fund – Direct Growth is ₹39,110 Cr as of 29 September 2023

What are the top stock holdings of Parag Parikh Flexi Cap Fund – Direct Growth?

The top stock holdings of Parag Parikh Flexi Cap Fund – Direct Growth are
  1. HDFC Bank - 8.01%
  2. Bajaj Holdings - 6.92%
  3. ITC - 6.55%
  4. Axis Bank - 5.61%
  5. ICICI Bank - 5.48%

How can I redeem my investments in Parag Parikh Flexi Cap Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Parag Parikh Flexi Cap Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for Parag Parikh Flexi Cap Fund - Direct Growth?

No, there is no lock-in period for Parag Parikh Flexi Cap Fund – Direct Growth.

Invest Now