Parag Parikh Flexi Cap Fund

Equity | Flexi Cap Funds
 | 5
Monthly Amount Invested
Duration
Yr
  • Would Have Become
    --
  • Invested Value
    --
  • Total Gain
    --
  • Returns
    -- per annum
₹1,000 ₹1,000 0.76 % 5★ ₹28,248 10 Years
Min SIP Min Lumpsum Expense Ratio Rating Fund Size (in Cr) Fund Age
₹1,000 ₹1,000 0.76 %
Min SIP Min Lumpsum Expense Ratio
5★ ₹28,248 Cr 10 Years
Rating Fund Size Fund Age

Scheme 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 

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.

How to invest in Parag Parikh Flexi Cap Fund?

5paisa makes it simple and convenient for users to make investment transactions in the Parag Parikh Flexi Cap Fund Direct-Growth. The procedure is straightforward, can be finished in a short amount of time, and does not include any paperwork at any point.

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

When referring to the Parag Parikh Flexi Cap Fund Direct-Growth or any other mutual fund, the word “Expense Ratio” refers to the yearly fees that one is required to pay to the mutual fund company for the firm’s management of the shareholder’s interests in the fund.

As of the 19th of December 2022, the expense ratio of the Parag Parikh Flexi Cap Fund Direct-Growth is 0.76%.

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.

Scheme Performance

Returns and Ranks ( as on 27 January 2023 )
1 Year1Y 3 Years3Y 5 Years5Y MaxMax
Trailing Returns 0.4% 22.3% 15.8% 18.5%
Category Average 2.5% 15.4% 9.9% -

Scheme Allocation

Holding
Sector
Asset
H D F C
8.37%
Bajaj Holdings
7.27%
ITC
7.12%
Axis Bank
5.94%
ICICI Bank
5.92%
Others
65.38%
Others
19.81%
Finance
15.77%
Banks
11.86%
Debt
9.74%
Power & Others
4.82%
Others
38%
Equity
70.25%
Foreign Equity
15.51%
Reverse Repos
9.74%
Derivatives
3.76%
Fixed Deposit
0.53%
Others
0.2%

Fund House Details

PPFAS Mutual Fund

Parag Parikh Flexi Cap Fund

Fund Manager
Rajeev Thakkar

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.

Advance Ratio

-0.03 1.05 0.75 -0.01
Alpha SD Beta Sharpe

Risk-O-Meter

Other Funds from the same Fund House

AMC Contact Details

PPFAS Mutual Fund
AUM:
31,331 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

You can invest in Parag Parikh Flexi Cap Fund 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 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"
The Parag Parikh Flexi Cap Fund has delivered 18.5% since inception
The NAV of Parag Parikh Flexi Cap Fund is ₹51.8 as of 27 January 2023.
The expense ratio of Parag Parikh Flexi Cap Fund is 0.76 % as of 27 January 2023.
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”.
Invest Now