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Fund Overview
Fund Size
₹81,919 Cr
Expense Ratio
0.63%
ISIN
INF879O01027
Minimum SIP
₹1,000
Exit Load
2.00%
Inception Date
24 May 2013
About this fund
Parag Parikh Flexi Cap Fund Direct Growth is a Flexi Cap mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 11 years, 5 months and 29 days, having been launched on 24-May-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹85.23, Assets Under Management (AUM) of 81918.72 Crores, and an expense ratio of 0.63%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹85.23, Assets Under Management (AUM) of 81918.72 Crores, and an expense ratio of 0.63%.
- Parag Parikh Flexi Cap Fund Direct Growth has given a CAGR return of 20.54% since inception.
- The fund's asset allocation comprises around 79.51% in equities, 0.93% in debts, and 19.56% in cash & cash equivalents.
- You can start investing in Parag Parikh Flexi Cap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+29.60%
+28.44% (Cat Avg.)
3 Years
+16.20%
+14.70% (Cat Avg.)
5 Years
+25.49%
+18.72% (Cat Avg.)
10 Years
+18.89%
+13.53% (Cat Avg.)
Since Inception
+20.54%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹65,135.26 Cr | 79.51% |
| Debt | ₹761.84 Cr | 0.93% |
| Others | ₹16,021.62 Cr | 19.56% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹12,776.1 Cr | 15.60% |
| HDFC Bank Ltd | Equity | ₹6,887.97 Cr | 8.41% |
| Power Grid Corp Of India Ltd | Equity | ₹5,798.67 Cr | 7.08% |
| Bajaj Holdings and Investment Ltd | Equity | ₹5,461.14 Cr | 6.67% |
| Coal India Ltd | Equity | ₹5,316.17 Cr | 6.49% |
| ITC Ltd | Equity | ₹4,620.1 Cr | 5.64% |
| ICICI Bank Ltd | Equity | ₹4,353.99 Cr | 5.32% |
| Maruti Suzuki India Ltd | Equity | ₹3,370.65 Cr | 4.11% |
| HCL Technologies Ltd | Equity | ₹3,303.75 Cr | 4.03% |
| Axis Bank Ltd | Equity | ₹2,880.97 Cr | 3.52% |
| Meta Platforms Inc Class A | Equity | ₹2,820.66 Cr | 3.44% |
| Alphabet Inc Class A | Equity | ₹2,704.01 Cr | 3.30% |
| Microsoft Corp | Equity | ₹2,504.44 Cr | 3.06% |
| Kotak Mahindra Bank Ltd | Equity | ₹2,320.83 Cr | 2.83% |
| Amazon.com Inc | Equity | ₹2,145.06 Cr | 2.62% |
| Motilal Oswal Financial Services Ltd | Equity | ₹1,739.1 Cr | 2.12% |
| Infosys Ltd | Equity | ₹1,628.75 Cr | 1.99% |
| Balkrishna Industries Ltd | Equity | ₹1,188.63 Cr | 1.45% |
| Central Depository Services (India) Ltd | Equity | ₹816.16 Cr | 1.00% |
| Multi Commodity Exchange of India Ltd | Equity | ₹813.68 Cr | 0.99% |
| Dr Reddy's Laboratories Ltd | Equity | ₹788.05 Cr | 0.96% |
| Indian Energy Exchange Ltd | Equity | ₹785.82 Cr | 0.96% |
| Zydus Lifesciences Ltd | Equity | ₹768.84 Cr | 0.94% |
| Cipla Ltd | Equity | ₹647.72 Cr | 0.79% |
| Ipca Laboratories Ltd | Equity | ₹562.73 Cr | 0.69% |
| Cash Offset For Derivatives | Cash - General Offset | ₹479.3 Cr | 0.59% |
| 364 DTB | Bond - Gov't/Treasury | ₹295.99 Cr | 0.36% |
| Punjab National Bank (15/05/2025) | Cash | ₹288.6 Cr | 0.35% |
| Canara Bank (02/09/2025) | Cash | ₹282.42 Cr | 0.34% |
| Indraprastha Gas Ltd | Equity | ₹282.32 Cr | 0.34% |
| ICRA Ltd | Equity | ₹278.08 Cr | 0.34% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹262.37 Cr | 0.32% |
| Union Bank Of India (31/01/2025) | Cash | ₹196.47 Cr | 0.24% |
| Bajaj Finance Limited November 2024 Future | Equity - Future | ₹-195.95 Cr | 0.24% |
| Bank Of Baroda (20/02/2025) | Cash | ₹195.69 Cr | 0.24% |
| Bajaj Finance Ltd | Equity | ₹194.72 Cr | 0.24% |
| Kotak Mahindra Bank Limited (22/08/2025) | Cash | ₹188.72 Cr | 0.23% |
| Indian Bank (20/08/2025) | Cash | ₹188.69 Cr | 0.23% |
| E I D Parry India Ltd | Equity | ₹182.24 Cr | 0.22% |
| Hdfc Bank Limited (11/07/2025) | Cash | ₹166.41 Cr | 0.20% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹143.69 Cr | 0.18% |
| National Bank For Agriculture And Rural Development (24/06/2025) | Cash | ₹143.17 Cr | 0.17% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹142.53 Cr | 0.17% |
| National Bank For Agriculture And Rural Development (20/06/2025) | Cash | ₹119.4 Cr | 0.15% |
| Hdfc Bank Limited (24/06/2025) | Cash | ₹119.31 Cr | 0.15% |
| Bank Of Baroda (05/05/2025) | Cash | ₹96.39 Cr | 0.12% |
| Kotak Mahindra Bank Limited (09/05/2025) | Cash | ₹96.32 Cr | 0.12% |
| Indian Bank (23/05/2025) | Cash | ₹96.04 Cr | 0.12% |
| 364 DTB 07082025 | Bond - Gov't/Treasury | ₹95.2 Cr | 0.12% |
| Kotak Mahindra Bank Limited (24/07/2025) | Cash | ₹94.89 Cr | 0.12% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹94.32 Cr | 0.12% |
| Hdfc Bank Limited (22/08/2025) | Cash | ₹94.32 Cr | 0.12% |
| Maharashtra Scooters Ltd | Equity | ₹82.05 Cr | 0.10% |
| Reliance Industries Limited November 2024 Future | Equity - Future | ₹-63.46 Cr | 0.08% |
| Reliance Industries Ltd | Equity | ₹63.14 Cr | 0.08% |
| 364 DTB 09012025 | Bond - Gov't/Treasury | ₹59.27 Cr | 0.07% |
| UTI Asset Management Co Ltd | Equity | ₹56.16 Cr | 0.07% |
| Bharat Electronics Limited November 2024 Future | Equity - Future | ₹-38.18 Cr | 0.05% |
| Bharat Electronics Ltd | Equity | ₹37.92 Cr | 0.05% |
| Bharti Airtel Limited November 2024 Future | Equity - Future | ₹-32.31 Cr | 0.04% |
| Bharti Airtel Ltd | Equity | ₹32.09 Cr | 0.04% |
| National Bank For Agriculture And Rural Development (17/01/2025) | Cash | ₹24.63 Cr | 0.03% |
| Tata Motors Limited November 2024 Future | Equity - Future | ₹-24.34 Cr | 0.03% |
| Tata Motors Ltd | Equity | ₹24.17 Cr | 0.03% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹23.72 Cr | 0.03% |
| Indusind Bank Limited November 2024 Future | Equity - Future | ₹-22.06 Cr | 0.03% |
| IndusInd Bank Ltd | Equity | ₹21.9 Cr | 0.03% |
| Hindalco Industries Limited November 2024 Future | Equity - Future | ₹-21.17 Cr | 0.03% |
| Hindalco Industries Ltd | Equity | ₹21.03 Cr | 0.03% |
| Mahindra & Mahindra Limited November 2024 Future | Equity - Future | ₹-20.99 Cr | 0.03% |
| Mahindra & Mahindra Ltd | Equity | ₹20.82 Cr | 0.03% |
| Net Receivables / (Payables) | Cash | ₹19.48 Cr | 0.02% |
| Swaraj Engines Ltd | Equity | ₹14 Cr | 0.02% |
| Nifty 50 Index 22000 Call December 2024 Option | Equity Index - Option (Call) | ₹13.25 Cr | 0.02% |
| Bandhan Bank Limited November 2024 Future | Equity - Future | ₹-12.42 Cr | 0.02% |
| Bandhan Bank Ltd | Equity | ₹12.35 Cr | 0.02% |
| Biocon Limited November 2024 Future | Equity - Future | ₹-11.12 Cr | 0.01% |
| Biocon Ltd | Equity | ₹11.06 Cr | 0.01% |
| Punjab National Bank November 2024 Future | Equity - Future | ₹-9.11 Cr | 0.01% |
| Punjab National Bank | Equity | ₹9.01 Cr | 0.01% |
| Dlf Limited November 2024 Future | Equity - Future | ₹-5.52 Cr | 0.01% |
| Bharat Heavy Electricals Limited November 2024 Future | Equity - Future | ₹-5.49 Cr | 0.01% |
| DLF Ltd | Equity | ₹5.48 Cr | 0.01% |
| Bharat Heavy Electricals Ltd | Equity | ₹5.46 Cr | 0.01% |
| Titan Company Limited November 2024 Future | Equity - Future | ₹-5.29 Cr | 0.01% |
| Titan Co Ltd | Equity | ₹5.26 Cr | 0.01% |
| Hindustan Copper Limited November 2024 Future | Equity - Future | ₹-3.69 Cr | 0.00% |
| Hindustan Copper Ltd | Equity | ₹3.66 Cr | 0.00% |
| Pi Industries Limited November 2024 Future | Equity - Future | ₹-2.37 Cr | 0.00% |
| PI Industries Ltd | Equity | ₹2.36 Cr | 0.00% |
| Accelya Solutions India Ltd | Equity | ₹2.34 Cr | 0.00% |
| Tata Steel Limited November 2024 Future | Equity - Future | ₹-1.48 Cr | 0.00% |
| Tata Steel Ltd | Equity | ₹1.47 Cr | 0.00% |
| Hdfc Life Insurance Company Limited November 2024 Future | Equity - Future | ₹-1.43 Cr | 0.00% |
| HDFC Life Insurance Co Ltd | Equity | ₹1.43 Cr | 0.00% |
| Jindal Steel & Power Limited November 2024 Future | Equity - Future | ₹-0.81 Cr | 0.00% |
| Jindal Steel & Power Ltd | Equity | ₹0.81 Cr | 0.00% |
| Bajaj Finserv Limited November 2024 Future | Equity - Future | ₹-0.79 Cr | 0.00% |
| Bajaj Finserv Ltd | Equity | ₹0.79 Cr | 0.00% |
| Hindustan Unilever Ltd | Equity | ₹0.68 Cr | 0.00% |
| Hindustan Unilever Limited November 2024 Future | Equity - Future | ₹-0.68 Cr | 0.00% |
| Larsen & Toubro Limited November 2024 Future | Equity - Future | ₹-0.44 Cr | 0.00% |
| Larsen & Toubro Ltd | Equity | ₹0.43 Cr | 0.00% |
| United Spirits Limited November 2024 Future | Equity - Future | ₹-0.2 Cr | 0.00% |
| United Spirits Ltd | Equity | ₹0.2 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
59.32%
Mid Cap Stocks
4.64%
Small Cap Stocks
3.70%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹26,634.07 Cr | 32.51% |
| Technology | ₹7,439.28 Cr | 9.08% |
| Consumer Cyclical | ₹6,850.64 Cr | 8.36% |
| Utilities | ₹6,080.99 Cr | 7.42% |
| Communication Services | ₹5,556.76 Cr | 6.78% |
| Energy | ₹5,379.31 Cr | 6.57% |
| Consumer Defensive | ₹4,620.99 Cr | 5.64% |
| Healthcare | ₹2,778.41 Cr | 3.39% |
| Basic Materials | ₹211.57 Cr | 0.26% |
| Industrials | ₹43.81 Cr | 0.05% |
| Real Estate | ₹5.48 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
11.07%
Cat. avg.
13.51%
Lower the better
Sharpe Ratio
This fund
0.99
Cat. avg.
0.74
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.32
Higher the better
Fund Managers
RM
Raj Mehta
Since January 2016
Rajeev Thakkar
Since May 2013
Raunak Onkar
Since May 2013
RT
Rukun Tarachandani
Since May 2022
MK
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF879O01027 | Expense Ratio 0.63% | Exit Load 2.00% | Fund Size ₹81,919 Cr | Age 11 years 5 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Flexi Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Flexicap Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹50582.01 Cr | 25.1% |
| Baroda BNP Paribas Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1310.62 Cr | 27.6% |
| Baroda BNP Paribas Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1310.62 Cr | 26.1% |
| JM Flexicap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹4721.61 Cr | 39.8% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1262.58 Cr | 36.3% |
| ITI Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1262.58 Cr | 34.0% |
| Parag Parikh Flexi Cap Fund Regular Growth Very High Risk | 1.3% | 2.0% | ₹81918.72 Cr | 28.7% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹81918.72 Cr | 29.6% |
| Motilal Oswal Flexicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹12023.89 Cr | 47.0% |
| Motilal Oswal Flexicap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹12023.89 Cr | 45.7% |
About the AMC
PPFAS Mutual Fund
Total AUM
₹92,592 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1093.46 Cr | 7.9% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2493.52 Cr | 7.1% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2296.30 Cr | 14.9% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹81918.72 Cr | 29.6% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4273.94 Cr | 26.8% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Parag Parikh Flexi Cap Fund Direct Growth?
The NAV of Parag Parikh Flexi Cap Fund Direct Growth, as of 21-Nov-2024, is ₹85.23.
What are the returns of Parag Parikh Flexi Cap Fund Direct Growth?
The fund has generated 29.60% over the last 1 year and 16.20% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Parag Parikh Flexi Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 79.51% in equities, 0.93% in bonds, and 19.56% in cash and cash equivalents.
Who manages the Parag Parikh Flexi Cap Fund Direct Growth?
The fund managers responsible for Parag Parikh Flexi Cap Fund Direct Growth are:-
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Mansi Kariya
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.