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Fund Overview

Fund Size

Fund Size

₹1,19,723 Cr

Expense Ratio

Expense Ratio

0.63%

ISIN

ISIN

INF879O01027

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

2.00%

Inception Date

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 12 years, 4 months and 25 days, having been launched on 24-May-13.
As of 17-Oct-25, it has a Net Asset Value (NAV) of ₹94.55, Assets Under Management (AUM) of 119723.32 Crores, and an expense ratio of 0.63%.
  • Parag Parikh Flexi Cap Fund Direct Growth has given a CAGR return of 19.86% since inception.
  • The fund's asset allocation comprises around 75.47% in equities, 0.90% in debts, and 23.63% 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

+8.38%

+0.55% (Cat Avg.)

3 Years

+23.14%

+17.97% (Cat Avg.)

5 Years

+23.12%

+20.68% (Cat Avg.)

10 Years

+18.82%

+13.92% (Cat Avg.)

Since Inception

+19.86%

(Cat Avg.)

Portfolio Summaryas of 30th September 2025

Equity90,355.54 Cr75.47%
Debt1,073.48 Cr0.90%
Others28,294.32 Cr23.63%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India LtdCash - Repurchase Agreement12,179 Cr10.17%
HDFC Bank LtdEquity9,668.66 Cr8.08%
Power Grid Corp Of India LtdEquity7,172.23 Cr5.99%
Bajaj Holdings and Investment LtdEquity6,514.08 Cr5.44%
Coal India LtdEquity6,318.73 Cr5.28%
ICICI Bank LtdEquity5,690.66 Cr4.75%
ITC LtdEquity5,449.88 Cr4.55%
Kotak Mahindra Bank LtdEquity4,823.34 Cr4.03%
Maruti Suzuki India LtdEquity4,322.49 Cr3.61%
Mahindra & Mahindra LtdEquity4,227.43 Cr3.53%
Alphabet Inc Class AEquity4,077.68 Cr3.41%
Bharti Airtel LtdEquity3,976.02 Cr3.32%
Meta Platforms Inc Class AEquity3,853.76 Cr3.22%
Axis Bank LtdEquity3,761.99 Cr3.14%
Microsoft CorpEquity3,370.84 Cr2.82%
Cash Offset For DerivativesCash - General Offset2,821.13 Cr2.36%
Amazon.com IncEquity2,684.63 Cr2.24%
HCL Technologies LtdEquity2,591.11 Cr2.16%
Cipla LtdEquity1,501.62 Cr1.25%
Zydus Lifesciences LtdEquity1,487.41 Cr1.24%
Dr Reddy's Laboratories LtdEquity1,481.65 Cr1.24%
Infosys LtdEquity1,341.81 Cr1.12%
Indian Energy Exchange LtdEquity1,124.04 Cr0.94%
Zydus Wellness LtdEquity1,005.84 Cr0.84%
Balkrishna Industries LtdEquity961.31 Cr0.80%
Future on Reliance Industries LtdEquity - Future-860.86 Cr0.72%
Reliance Industries LtdEquity855.09 Cr0.71%
Kotak Mahindra Bank Limited (24/09/2026)Cash659.2 Cr0.55%
Multi Commodity Exchange of India LtdEquity621.9 Cr0.52%
Axis Bank LimitedCash - CD/Time Deposit616.13 Cr0.51%
Embassy Office Parks REITEquity - REIT604.66 Cr0.51%
ICICI Bank Ltd.Cash - CD/Time Deposit595.83 Cr0.50%
Punjab National BankCash - CD/Time Deposit593.9 Cr0.50%
E I D Parry India LtdEquity512.36 Cr0.43%
Parag Parikh Liquid Dir GrMutual Fund - Open End512.35 Cr0.43%
HDFC Bank LimitedCash - CD/Time Deposit471.56 Cr0.39%
National Bank For Agriculture And Rural Development (18/09/2026)Cash470.96 Cr0.39%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit457.88 Cr0.38%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper430.03 Cr0.36%
HDFC Bank LimitedCash - CD/Time Deposit382.41 Cr0.32%
Union Bank Of IndiaCash - CD/Time Deposit382.34 Cr0.32%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit368.03 Cr0.31%
Narayana Hrudayalaya LtdEquity346.81 Cr0.29%
Net Receivables / (Payables)Cash-334.8 Cr0.28%
Central Depository Services (India) LtdEquity330.32 Cr0.28%
Bank of BarodaBond - Corporate Bond309.09 Cr0.26%
364 DTB 04122025Bond - Gov't/Treasury297.17 Cr0.25%
Indian BankCash - CD/Time Deposit292.4 Cr0.24%
Axis Bank LimitedCash - CD/Time Deposit287.43 Cr0.24%
Bajaj Finance Ltd.Cash - Commercial Paper286.32 Cr0.24%
Indian Bank (28/07/2026)Cash - CD/Time Deposit285.06 Cr0.24%
Bank Of Baroda (16/09/2026)Cash282.73 Cr0.24%
Small Industries Dev Bank Of India (24/09/2026)Cash282.31 Cr0.24%
Future on Bajaj Finance LtdEquity - Future-256.47 Cr0.21%
Bajaj Finance LtdEquity255.02 Cr0.21%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit247.23 Cr0.21%
Bank Of BarodaCash - CD/Time Deposit245.91 Cr0.21%
Bank Of BarodaCash - CD/Time Deposit245.75 Cr0.21%
Canara Bank (27/02/2026)Cash243.95 Cr0.20%
Bank Of Baroda (25/05/2026)Cash240.26 Cr0.20%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit220.89 Cr0.18%
HDFC Bank LimitedCash - CD/Time Deposit216.4 Cr0.18%
Union Bank Of IndiaCash - CD/Time Deposit198.23 Cr0.17%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit198.01 Cr0.17%
Punjab National BankCash - CD/Time Deposit196.76 Cr0.16%
Union Bank Of IndiaCash - CD/Time Deposit196.54 Cr0.16%
364 DTB 29012026Bond - Gov't/Treasury196.44 Cr0.16%
Canara BankCash - CD/Time Deposit195 Cr0.16%
Punjab National Bank (18/03/2026)Cash - CD/Time Deposit194.56 Cr0.16%
Indian BankCash - CD/Time Deposit192.83 Cr0.16%
Bajaj Finance Ltd.Cash - Commercial Paper192.33 Cr0.16%
Bajaj Finance Ltd.Cash - Commercial Paper191.66 Cr0.16%
ICRA LtdEquity182.44 Cr0.15%
HDFC Bank Ltd.Bond - Corporate Bond170.07 Cr0.14%
Axis Bank LimitedCash - CD/Time Deposit167.28 Cr0.14%
Future on Tata Consultancy Services LtdEquity - Future-166.15 Cr0.14%
Tata Consultancy Services LtdEquity165.64 Cr0.14%
Brookfield India Real Estate TrustEquity - REIT149.44 Cr0.12%
Future on Jio Financial Services LtdEquity - Future-148.85 Cr0.12%
Jio Financial Services LtdEquity147.86 Cr0.12%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit147.45 Cr0.12%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit142.97 Cr0.12%
Maharashtra Scooters LtdEquity138.26 Cr0.12%
364 DTB 21112025Bond - Gov't/Treasury109.17 Cr0.09%
India (Republic of)Bond - Short-term Government Bills105.16 Cr0.09%
Future on Larsen & Toubro LtdEquity - Future-105.11 Cr0.09%
Larsen & Toubro LtdEquity104.5 Cr0.09%
HDFC Bank LimitedCash - CD/Time Deposit99.86 Cr0.08%
HDFC Bank LimitedCash - CD/Time Deposit99.52 Cr0.08%
Kotak Mahindra Bank Limited (26/11/2025)Cash - CD/Time Deposit99.12 Cr0.08%
Canara BankCash - CD/Time Deposit99 Cr0.08%
Union Bank Of IndiaCash - CD/Time Deposit98.98 Cr0.08%
Axis Bank LimitedCash - CD/Time Deposit98.38 Cr0.08%
Union Bank Of IndiaCash - CD/Time Deposit98.36 Cr0.08%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit98.27 Cr0.08%
Punjab National BankBond - Gov't Agency Debt98.25 Cr0.08%
Indian BankCash - CD/Time Deposit98.22 Cr0.08%
Canara BankCash - CD/Time Deposit98.03 Cr0.08%
Canara BankCash - CD/Time Deposit97.96 Cr0.08%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond97.37 Cr0.08%
India (Republic of)Bond - Short-term Government Bills97.09 Cr0.08%
Bajaj Finance Ltd.Cash - Commercial Paper96.15 Cr0.08%
Axis Bank LimitedCash - CD/Time Deposit95.8 Cr0.08%
Axis Bank LimitedCash - CD/Time Deposit94.81 Cr0.08%
Future on Hindalco Industries LtdEquity - Future-88.77 Cr0.07%
Hindalco Industries LtdEquity88.11 Cr0.07%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-80.64 Cr0.07%
Sun Pharmaceuticals Industries LtdEquity80.07 Cr0.07%
Axis Bank LimitedCash - CD/Time Deposit73.46 Cr0.06%
Future on DLF LtdEquity - Future-65.9 Cr0.06%
Future on Steel Authority Of India LtdEquity - Future-65.48 Cr0.05%
DLF LtdEquity65.41 Cr0.05%
Steel Authority Of India LtdEquity65.04 Cr0.05%
Future on Punjab National BankEquity - Future-62.32 Cr0.05%
Punjab National BankEquity61.83 Cr0.05%
Future on NTPC Green Energy LtdEquity - Future-59.42 Cr0.05%
NTPC LtdEquity59.03 Cr0.05%
Future on Tata Steel LtdEquity - Future-57.06 Cr0.05%
Tata Steel LtdEquity56.62 Cr0.05%
Vedanta Limited October 2025 FutureEquity - Future-51.84 Cr0.04%
Vedanta LtdEquity51.48 Cr0.04%
Indian BankCash - CD/Time Deposit49.71 Cr0.04%
Future on IndusInd Bank LtdEquity - Future-49.65 Cr0.04%
364 DTB 27112025Bond - Gov't/Treasury49.58 Cr0.04%
Indian BankCash - CD/Time Deposit49.5 Cr0.04%
IndusInd Bank LtdEquity49.43 Cr0.04%
Indian BankCash - CD/Time Deposit49.2 Cr0.04%
Union Bank Of IndiaCash - CD/Time Deposit49.03 Cr0.04%
Titan Company Limited October 2025 FutureEquity - Future-49.02 Cr0.04%
Titan Co LtdEquity48.67 Cr0.04%
Trent Limited October 2025 FutureEquity - Future-43.58 Cr0.04%
Trent LtdEquity43.31 Cr0.04%
Future on Hindustan Unilever LtdEquity - Future-40.56 Cr0.03%
Hindustan Unilever LtdEquity40.28 Cr0.03%
Mindspace Business Parks REIT UnitEquity - REIT39.6 Cr0.03%
Future on LIC Housing Finance LtdEquity - Future-33.63 Cr0.03%
LIC Housing Finance LtdEquity33.39 Cr0.03%
Future on Bharat Electronics LtdEquity - Future-33.18 Cr0.03%
Bharat Electronics LtdEquity33.04 Cr0.03%
Future on Bandhan Bank LtdEquity - Future-30.16 Cr0.03%
Bandhan Bank LtdEquity30.02 Cr0.03%
Future on Varun Beverages LtdEquity - Future-28.68 Cr0.02%
Varun Beverages LtdEquity28.47 Cr0.02%
Future on Grasim Industries LtdEquity - Future-26.53 Cr0.02%
Grasim Industries LtdEquity26.4 Cr0.02%
Future on Bajaj Finserv LtdEquity - Future-25.97 Cr0.02%
Future on Hindustan Petroleum Corp LtdEquity - Future-25.85 Cr0.02%
Bajaj Finserv LtdEquity25.78 Cr0.02%
Hindustan Petroleum Corp LtdEquity25.68 Cr0.02%
Future on Nestle India LtdEquity - Future-25.33 Cr0.02%
Nestle India LtdEquity25.13 Cr0.02%
Future on Lupin LtdEquity - Future-23.17 Cr0.02%
Lupin LtdEquity22.99 Cr0.02%
Future on Divi's Laboratories LtdEquity - Future-22.68 Cr0.02%
Divi's Laboratories LtdEquity22.53 Cr0.02%
Indus Towers Limited October 2025 FutureEquity - Future-22.35 Cr0.02%
Indus Towers Ltd Ordinary SharesEquity22.21 Cr0.02%
Eternal Limited October 2025 FutureEquity - Future-22.18 Cr0.02%
Eternal LtdEquity22.02 Cr0.02%
Future on JSW Steel LtdEquity - Future-21.72 Cr0.02%
JSW Steel LtdEquity21.6 Cr0.02%
Future on Oil & Natural Gas Corp LtdEquity - Future-20.96 Cr0.02%
Oil & Natural Gas Corp LtdEquity20.85 Cr0.02%
Nesco LtdEquity19.87 Cr0.02%
Swaraj Engines LtdEquity19.55 Cr0.02%
Future on Tata Consumer Products LtdEquity - Future-17.63 Cr0.01%
Tata Consumer Products LtdEquity17.52 Cr0.01%
Future on Bharat Heavy Electricals LtdEquity - Future-17.38 Cr0.01%
Bharat Heavy Electricals LtdEquity17.28 Cr0.01%
Future on Bank of BarodaEquity - Future-16.98 Cr0.01%
Bank of BarodaEquity16.86 Cr0.01%
Future on IDFC First Bank LtdEquity - Future-15.44 Cr0.01%
IDFC First Bank LtdEquity15.34 Cr0.01%
Future on Eicher Motors LtdEquity - Future-15.07 Cr0.01%
Eicher Motors LtdEquity14.96 Cr0.01%
Future on GMR Airports LtdEquity - Future-14.86 Cr0.01%
GMR Airports LtdEquity14.78 Cr0.01%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future-12.4 Cr0.01%
Hindustan Aeronautics Ltd Ordinary SharesEquity12.32 Cr0.01%
Future on India Shelter Finance Corporation LtdEquity - Future-12.28 Cr0.01%
Indian Oil Corp LtdEquity12.19 Cr0.01%
Nmdc Limited October 2025 FutureEquity - Future-10.79 Cr0.01%
NMDC LtdEquity10.72 Cr0.01%
Future on The Federal Bank LtdEquity - Future-10.18 Cr0.01%
The Federal Bank LtdEquity10.13 Cr0.01%
Future on Shriram Finance LtdEquity - Future-8.19 Cr0.01%
Shriram Finance LtdEquity8.13 Cr0.01%
Future on GAIL (India) LtdEquity - Future-7.64 Cr0.01%
GAIL (India) LtdEquity7.61 Cr0.01%
Future on Indian Railway Catering And Tourism Corp LtdEquity - Future-7.16 Cr0.01%
Indian Railway Catering And Tourism Corp LtdEquity7.11 Cr0.01%
Future on United Spirits LtdEquity - Future-6.09 Cr0.01%
United Spirits LtdEquity6.04 Cr0.01%
Power Finance Corporation Limited October 2025 FutureEquity - Future-5.63 Cr0.00%
Power Finance Corp LtdEquity5.6 Cr0.00%
Future on IIFL Finance LtdEquity - Future-5.55 Cr0.00%
IIFL Finance LtdEquity5.52 Cr0.00%
Future on State Bank of IndiaEquity - Future-3.81 Cr0.00%
State Bank of IndiaEquity3.8 Cr0.00%
Future on Dabur India LtdEquity - Future-3.71 Cr0.00%
Dabur India LtdEquity3.68 Cr0.00%
Future on Tata Power Co LtdEquity - Future-3.52 Cr0.00%
Tata Power Co LtdEquity3.49 Cr0.00%
Future on Aurobindo Pharma LtdEquity - Future-3.47 Cr0.00%
Aurobindo Pharma LtdEquity3.46 Cr0.00%
Future on Polycab India LtdEquity - Future-2.75 Cr0.00%
Polycab India LtdEquity2.73 Cr0.00%
Future on Asian Paints LtdEquity - Future-2.42 Cr0.00%
Asian Paints LtdEquity2.41 Cr0.00%
Future on Godrej Properties LtdEquity - Future-1.69 Cr0.00%
Godrej Properties LtdEquity1.68 Cr0.00%
CashCash-1.15 Cr0.00%
Nifty 23000 Call December 2025 OptionEquity Index - Option (Call)1 Cr0.00%
Future on Jindal Steel LtdEquity - Future-0.93 Cr0.00%
Jindal Steel LtdEquity0.93 Cr0.00%
Future on Tech Mahindra LtdEquity - Future-0.76 Cr0.00%
Tech Mahindra LtdEquity0.76 Cr0.00%
The Indian Hotels Company Limited October 2025 FutureEquity - Future-0.58 Cr0.00%
Indian Hotels Co LtdEquity0.58 Cr0.00%
Future on PI Industries LtdEquity - Future-0.12 Cr0.00%
PI Industries LtdEquity0.12 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

58.95%

Mid Cap Stocks

1.57%

Small Cap Stocks

2.77%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services33,524.38 Cr28.00%
Consumer Cyclical12,344.96 Cr10.31%
Communication Services11,929.66 Cr9.96%
Technology7,470.15 Cr6.24%
Utilities7,242.37 Cr6.05%
Energy7,232.55 Cr6.04%
Consumer Defensive6,576.84 Cr5.49%
Healthcare4,946.54 Cr4.13%
Basic Materials835.79 Cr0.70%
Industrials211.63 Cr0.18%
Real Estate67.09 Cr0.06%

Risk & Performance Ratios

Standard Deviation

This fund

8.51%

Cat. avg.

13.19%

Lower the better

Sharpe Ratio

This fund

1.70

Cat. avg.

0.78

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.28

Higher the better

Fund Managers

RM

Raj Mehta

Since January 2016

Rajeev Thakkar

Rajeev Thakkar

Since May 2013

Raunak Onkar

Raunak Onkar

Since May 2013

RT

Rukun Tarachandani

Since May 2022

Tejas Soman

Tejas Soman

Since September 2025

MK

Mansi Kariya

Since December 2023

AD

Aishwarya Dhar

Since September 2025

Additional Scheme Detailsas of 30th September 2025

ISIN
INF879O01027
Expense Ratio
0.63%
Exit Load
2.00%
Fund Size
₹1,19,723 Cr
Age
12 years 4 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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Kotak Flexicap Fund Direct Growth

Very High Risk

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Bandhan Flexi Cap Fund Direct Growth

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2.0%1.0%₹2338.33 Cr2.0%
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Very High Risk

1.7%1.0%₹18868.27 Cr5.2%
ICICI Prudential Flexicap Fund Direct Growth

Very High Risk

0.8%1.0%₹18868.27 Cr6.2%
Edelweiss Flexi Cap Fund Regular Growth

Very High Risk

1.9%1.0%₹2841.63 Cr0.3%
Edelweiss Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹2841.63 Cr1.8%
Axis Flexi Cap Fund Regular Growth

Very High Risk

1.7%1.0%₹8630.63 Cr3.0%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹8630.63 Cr4.0%
Navi Flexi Cap Fund Direct Growth

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Navi Flexi Cap Fund Regular Growth

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360 ONE Flexicap Fund Regular Growth

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360 ONE Flexicap Fund Direct Growth

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Sundaram Flexi Cap Fund Regular Growth

Very High Risk

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Sundaram Flexi Cap Fund Direct Growth

Very High Risk

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Mahindra Manulife Flexi Cap Fund Regular Growth

Very High Risk

2.0%1.0%₹1524.48 Cr2.2%
DSP Flexi Cap Fund Regular Growth

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1.7%1.0%₹11911.24 Cr-1.1%
Bank of India Flexi Cap Fund Regular Growth

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Mahindra Manulife Flexi Cap Fund Direct Growth

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Nippon India Flexi Cap Fund Regular Growth

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Bank of India Flexi Cap Fund Direct Growth

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0.5%1.0%₹2164.81 Cr-0.4%
Nippon India Flexi Cap Fund Direct Growth

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0.4%1.0%₹9256.36 Cr-0.1%
UTI Flexi Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹25187.42 Cr2.7%
Aditya Birla Sun Life Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹23265.55 Cr4.0%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹5049.19 Cr1.3%
Canara Robeco Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹13363.20 Cr5.5%
SBI Flexicap Fund Direct Growth

Very High Risk

0.8%0.0%₹22503.86 Cr1.6%
Mirae Asset Flexi Cap Fund Regular Growth

Very High Risk

1.9%1.0%₹3107.47 Cr3.5%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹3107.47 Cr5.0%
Taurus Flexi Cap Fund Direct Growth

Very High Risk

2.6%1.0%₹351.64 Cr-3.6%
Union Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2338.33 Cr3.1%
PGIM India Flexi Cap Fund Direct Growth

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DSP Flexi Cap Fund Direct Growth

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Quant Flexi Cap Fund Direct Growth

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About the AMC

PPFAS Mutual Fund

PPFAS Mutual Fund

Total AUM

₹1,31,786 Cr

Address

Great Western Building, 1st Floor, Mumbai, 400 001

Other Funds by PPFAS Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Moderate Risk

0.3%1.0%₹2605.81 Cr5.8%
Parag Parikh Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹1893.46 Cr6.8%
Parag Parikh Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3866.94 Cr6.5%
Parag Parikh Conservative Hybrid Fund Direct Growth

Moderately High risk

0.3%1.0%₹3028.40 Cr7.3%
Parag Parikh Flexi Cap Fund Direct Growth

Very High Risk

0.6%2.0%₹119723.32 Cr8.4%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹5638.79 Cr6.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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The NAV of Parag Parikh Flexi Cap Fund Direct Growth, as of 17-Oct-2025, is ₹94.55.
The fund has generated 8.38% over the last 1 year and 23.14% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 75.47% in equities, 0.90% in bonds, and 23.63% in cash and cash equivalents.
The fund managers responsible for Parag Parikh Flexi Cap Fund Direct Growth are:-
  1. Raj Mehta
  2. Rajeev Thakkar
  3. Raunak Onkar
  4. Rukun Tarachandani
  5. Tejas Soman
  6. Mansi Kariya
  7. Aishwarya Dhar

Fund Overview

Fund Size

Fund Size

₹1,19,723 Cr

Expense Ratio

Expense Ratio

0.63%

ISIN

ISIN

INF879O01027

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

2.00%

Inception Date

Inception Date

24 May 2013

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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 12 years, 4 months and 25 days, having been launched on 24-May-13.
As of 17-Oct-25, it has a Net Asset Value (NAV) of ₹94.55, Assets Under Management (AUM) of 119723.32 Crores, and an expense ratio of 0.63%.
  • Parag Parikh Flexi Cap Fund Direct Growth has given a CAGR return of 19.86% since inception.
  • The fund's asset allocation comprises around 75.47% in equities, 0.90% in debts, and 23.63% 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

+8.38%

+0.55% (Cat Avg.)

3 Years

+23.14%

+17.97% (Cat Avg.)

5 Years

+23.12%

+20.68% (Cat Avg.)

10 Years

+18.82%

+13.92% (Cat Avg.)

Since Inception

+19.86%

(Cat Avg.)

Portfolio Summaryas of 30th September 2025

Equity90,355.54 Cr75.47%
Debt1,073.48 Cr0.90%
Others28,294.32 Cr23.63%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India LtdCash - Repurchase Agreement12,179 Cr10.17%
HDFC Bank LtdEquity9,668.66 Cr8.08%
Power Grid Corp Of India LtdEquity7,172.23 Cr5.99%
Bajaj Holdings and Investment LtdEquity6,514.08 Cr5.44%
Coal India LtdEquity6,318.73 Cr5.28%
ICICI Bank LtdEquity5,690.66 Cr4.75%
ITC LtdEquity5,449.88 Cr4.55%
Kotak Mahindra Bank LtdEquity4,823.34 Cr4.03%
Maruti Suzuki India LtdEquity4,322.49 Cr3.61%
Mahindra & Mahindra LtdEquity4,227.43 Cr3.53%
Alphabet Inc Class AEquity4,077.68 Cr3.41%
Bharti Airtel LtdEquity3,976.02 Cr3.32%
Meta Platforms Inc Class AEquity3,853.76 Cr3.22%
Axis Bank LtdEquity3,761.99 Cr3.14%
Microsoft CorpEquity3,370.84 Cr2.82%
Cash Offset For DerivativesCash - General Offset2,821.13 Cr2.36%
Amazon.com IncEquity2,684.63 Cr2.24%
HCL Technologies LtdEquity2,591.11 Cr2.16%
Cipla LtdEquity1,501.62 Cr1.25%
Zydus Lifesciences LtdEquity1,487.41 Cr1.24%
Dr Reddy's Laboratories LtdEquity1,481.65 Cr1.24%
Infosys LtdEquity1,341.81 Cr1.12%
Indian Energy Exchange LtdEquity1,124.04 Cr0.94%
Zydus Wellness LtdEquity1,005.84 Cr0.84%
Balkrishna Industries LtdEquity961.31 Cr0.80%
Future on Reliance Industries LtdEquity - Future-860.86 Cr0.72%
Reliance Industries LtdEquity855.09 Cr0.71%
Kotak Mahindra Bank Limited (24/09/2026)Cash659.2 Cr0.55%
Multi Commodity Exchange of India LtdEquity621.9 Cr0.52%
Axis Bank LimitedCash - CD/Time Deposit616.13 Cr0.51%
Embassy Office Parks REITEquity - REIT604.66 Cr0.51%
ICICI Bank Ltd.Cash - CD/Time Deposit595.83 Cr0.50%
Punjab National BankCash - CD/Time Deposit593.9 Cr0.50%
E I D Parry India LtdEquity512.36 Cr0.43%
Parag Parikh Liquid Dir GrMutual Fund - Open End512.35 Cr0.43%
HDFC Bank LimitedCash - CD/Time Deposit471.56 Cr0.39%
National Bank For Agriculture And Rural Development (18/09/2026)Cash470.96 Cr0.39%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit457.88 Cr0.38%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper430.03 Cr0.36%
HDFC Bank LimitedCash - CD/Time Deposit382.41 Cr0.32%
Union Bank Of IndiaCash - CD/Time Deposit382.34 Cr0.32%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit368.03 Cr0.31%
Narayana Hrudayalaya LtdEquity346.81 Cr0.29%
Net Receivables / (Payables)Cash-334.8 Cr0.28%
Central Depository Services (India) LtdEquity330.32 Cr0.28%
Bank of BarodaBond - Corporate Bond309.09 Cr0.26%
364 DTB 04122025Bond - Gov't/Treasury297.17 Cr0.25%
Indian BankCash - CD/Time Deposit292.4 Cr0.24%
Axis Bank LimitedCash - CD/Time Deposit287.43 Cr0.24%
Bajaj Finance Ltd.Cash - Commercial Paper286.32 Cr0.24%
Indian Bank (28/07/2026)Cash - CD/Time Deposit285.06 Cr0.24%
Bank Of Baroda (16/09/2026)Cash282.73 Cr0.24%
Small Industries Dev Bank Of India (24/09/2026)Cash282.31 Cr0.24%
Future on Bajaj Finance LtdEquity - Future-256.47 Cr0.21%
Bajaj Finance LtdEquity255.02 Cr0.21%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit247.23 Cr0.21%
Bank Of BarodaCash - CD/Time Deposit245.91 Cr0.21%
Bank Of BarodaCash - CD/Time Deposit245.75 Cr0.21%
Canara Bank (27/02/2026)Cash243.95 Cr0.20%
Bank Of Baroda (25/05/2026)Cash240.26 Cr0.20%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit220.89 Cr0.18%
HDFC Bank LimitedCash - CD/Time Deposit216.4 Cr0.18%
Union Bank Of IndiaCash - CD/Time Deposit198.23 Cr0.17%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit198.01 Cr0.17%
Punjab National BankCash - CD/Time Deposit196.76 Cr0.16%
Union Bank Of IndiaCash - CD/Time Deposit196.54 Cr0.16%
364 DTB 29012026Bond - Gov't/Treasury196.44 Cr0.16%
Canara BankCash - CD/Time Deposit195 Cr0.16%
Punjab National Bank (18/03/2026)Cash - CD/Time Deposit194.56 Cr0.16%
Indian BankCash - CD/Time Deposit192.83 Cr0.16%
Bajaj Finance Ltd.Cash - Commercial Paper192.33 Cr0.16%
Bajaj Finance Ltd.Cash - Commercial Paper191.66 Cr0.16%
ICRA LtdEquity182.44 Cr0.15%
HDFC Bank Ltd.Bond - Corporate Bond170.07 Cr0.14%
Axis Bank LimitedCash - CD/Time Deposit167.28 Cr0.14%
Future on Tata Consultancy Services LtdEquity - Future-166.15 Cr0.14%
Tata Consultancy Services LtdEquity165.64 Cr0.14%
Brookfield India Real Estate TrustEquity - REIT149.44 Cr0.12%
Future on Jio Financial Services LtdEquity - Future-148.85 Cr0.12%
Jio Financial Services LtdEquity147.86 Cr0.12%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit147.45 Cr0.12%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit142.97 Cr0.12%
Maharashtra Scooters LtdEquity138.26 Cr0.12%
364 DTB 21112025Bond - Gov't/Treasury109.17 Cr0.09%
India (Republic of)Bond - Short-term Government Bills105.16 Cr0.09%
Future on Larsen & Toubro LtdEquity - Future-105.11 Cr0.09%
Larsen & Toubro LtdEquity104.5 Cr0.09%
HDFC Bank LimitedCash - CD/Time Deposit99.86 Cr0.08%
HDFC Bank LimitedCash - CD/Time Deposit99.52 Cr0.08%
Kotak Mahindra Bank Limited (26/11/2025)Cash - CD/Time Deposit99.12 Cr0.08%
Canara BankCash - CD/Time Deposit99 Cr0.08%
Union Bank Of IndiaCash - CD/Time Deposit98.98 Cr0.08%
Axis Bank LimitedCash - CD/Time Deposit98.38 Cr0.08%
Union Bank Of IndiaCash - CD/Time Deposit98.36 Cr0.08%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit98.27 Cr0.08%
Punjab National BankBond - Gov't Agency Debt98.25 Cr0.08%
Indian BankCash - CD/Time Deposit98.22 Cr0.08%
Canara BankCash - CD/Time Deposit98.03 Cr0.08%
Canara BankCash - CD/Time Deposit97.96 Cr0.08%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond97.37 Cr0.08%
India (Republic of)Bond - Short-term Government Bills97.09 Cr0.08%
Bajaj Finance Ltd.Cash - Commercial Paper96.15 Cr0.08%
Axis Bank LimitedCash - CD/Time Deposit95.8 Cr0.08%
Axis Bank LimitedCash - CD/Time Deposit94.81 Cr0.08%
Future on Hindalco Industries LtdEquity - Future-88.77 Cr0.07%
Hindalco Industries LtdEquity88.11 Cr0.07%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-80.64 Cr0.07%
Sun Pharmaceuticals Industries LtdEquity80.07 Cr0.07%
Axis Bank LimitedCash - CD/Time Deposit73.46 Cr0.06%
Future on DLF LtdEquity - Future-65.9 Cr0.06%
Future on Steel Authority Of India LtdEquity - Future-65.48 Cr0.05%
DLF LtdEquity65.41 Cr0.05%
Steel Authority Of India LtdEquity65.04 Cr0.05%
Future on Punjab National BankEquity - Future-62.32 Cr0.05%
Punjab National BankEquity61.83 Cr0.05%
Future on NTPC Green Energy LtdEquity - Future-59.42 Cr0.05%
NTPC LtdEquity59.03 Cr0.05%
Future on Tata Steel LtdEquity - Future-57.06 Cr0.05%
Tata Steel LtdEquity56.62 Cr0.05%
Vedanta Limited October 2025 FutureEquity - Future-51.84 Cr0.04%
Vedanta LtdEquity51.48 Cr0.04%
Indian BankCash - CD/Time Deposit49.71 Cr0.04%
Future on IndusInd Bank LtdEquity - Future-49.65 Cr0.04%
364 DTB 27112025Bond - Gov't/Treasury49.58 Cr0.04%
Indian BankCash - CD/Time Deposit49.5 Cr0.04%
IndusInd Bank LtdEquity49.43 Cr0.04%
Indian BankCash - CD/Time Deposit49.2 Cr0.04%
Union Bank Of IndiaCash - CD/Time Deposit49.03 Cr0.04%
Titan Company Limited October 2025 FutureEquity - Future-49.02 Cr0.04%
Titan Co LtdEquity48.67 Cr0.04%
Trent Limited October 2025 FutureEquity - Future-43.58 Cr0.04%
Trent LtdEquity43.31 Cr0.04%
Future on Hindustan Unilever LtdEquity - Future-40.56 Cr0.03%
Hindustan Unilever LtdEquity40.28 Cr0.03%
Mindspace Business Parks REIT UnitEquity - REIT39.6 Cr0.03%
Future on LIC Housing Finance LtdEquity - Future-33.63 Cr0.03%
LIC Housing Finance LtdEquity33.39 Cr0.03%
Future on Bharat Electronics LtdEquity - Future-33.18 Cr0.03%
Bharat Electronics LtdEquity33.04 Cr0.03%
Future on Bandhan Bank LtdEquity - Future-30.16 Cr0.03%
Bandhan Bank LtdEquity30.02 Cr0.03%
Future on Varun Beverages LtdEquity - Future-28.68 Cr0.02%
Varun Beverages LtdEquity28.47 Cr0.02%
Future on Grasim Industries LtdEquity - Future-26.53 Cr0.02%
Grasim Industries LtdEquity26.4 Cr0.02%
Future on Bajaj Finserv LtdEquity - Future-25.97 Cr0.02%
Future on Hindustan Petroleum Corp LtdEquity - Future-25.85 Cr0.02%
Bajaj Finserv LtdEquity25.78 Cr0.02%
Hindustan Petroleum Corp LtdEquity25.68 Cr0.02%
Future on Nestle India LtdEquity - Future-25.33 Cr0.02%
Nestle India LtdEquity25.13 Cr0.02%
Future on Lupin LtdEquity - Future-23.17 Cr0.02%
Lupin LtdEquity22.99 Cr0.02%
Future on Divi's Laboratories LtdEquity - Future-22.68 Cr0.02%
Divi's Laboratories LtdEquity22.53 Cr0.02%
Indus Towers Limited October 2025 FutureEquity - Future-22.35 Cr0.02%
Indus Towers Ltd Ordinary SharesEquity22.21 Cr0.02%
Eternal Limited October 2025 FutureEquity - Future-22.18 Cr0.02%
Eternal LtdEquity22.02 Cr0.02%
Future on JSW Steel LtdEquity - Future-21.72 Cr0.02%
JSW Steel LtdEquity21.6 Cr0.02%
Future on Oil & Natural Gas Corp LtdEquity - Future-20.96 Cr0.02%
Oil & Natural Gas Corp LtdEquity20.85 Cr0.02%
Nesco LtdEquity19.87 Cr0.02%
Swaraj Engines LtdEquity19.55 Cr0.02%
Future on Tata Consumer Products LtdEquity - Future-17.63 Cr0.01%
Tata Consumer Products LtdEquity17.52 Cr0.01%
Future on Bharat Heavy Electricals LtdEquity - Future-17.38 Cr0.01%
Bharat Heavy Electricals LtdEquity17.28 Cr0.01%
Future on Bank of BarodaEquity - Future-16.98 Cr0.01%
Bank of BarodaEquity16.86 Cr0.01%
Future on IDFC First Bank LtdEquity - Future-15.44 Cr0.01%
IDFC First Bank LtdEquity15.34 Cr0.01%
Future on Eicher Motors LtdEquity - Future-15.07 Cr0.01%
Eicher Motors LtdEquity14.96 Cr0.01%
Future on GMR Airports LtdEquity - Future-14.86 Cr0.01%
GMR Airports LtdEquity14.78 Cr0.01%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future-12.4 Cr0.01%
Hindustan Aeronautics Ltd Ordinary SharesEquity12.32 Cr0.01%
Future on India Shelter Finance Corporation LtdEquity - Future-12.28 Cr0.01%
Indian Oil Corp LtdEquity12.19 Cr0.01%
Nmdc Limited October 2025 FutureEquity - Future-10.79 Cr0.01%
NMDC LtdEquity10.72 Cr0.01%
Future on The Federal Bank LtdEquity - Future-10.18 Cr0.01%
The Federal Bank LtdEquity10.13 Cr0.01%
Future on Shriram Finance LtdEquity - Future-8.19 Cr0.01%
Shriram Finance LtdEquity8.13 Cr0.01%
Future on GAIL (India) LtdEquity - Future-7.64 Cr0.01%
GAIL (India) LtdEquity7.61 Cr0.01%
Future on Indian Railway Catering And Tourism Corp LtdEquity - Future-7.16 Cr0.01%
Indian Railway Catering And Tourism Corp LtdEquity7.11 Cr0.01%
Future on United Spirits LtdEquity - Future-6.09 Cr0.01%
United Spirits LtdEquity6.04 Cr0.01%
Power Finance Corporation Limited October 2025 FutureEquity - Future-5.63 Cr0.00%
Power Finance Corp LtdEquity5.6 Cr0.00%
Future on IIFL Finance LtdEquity - Future-5.55 Cr0.00%
IIFL Finance LtdEquity5.52 Cr0.00%
Future on State Bank of IndiaEquity - Future-3.81 Cr0.00%
State Bank of IndiaEquity3.8 Cr0.00%
Future on Dabur India LtdEquity - Future-3.71 Cr0.00%
Dabur India LtdEquity3.68 Cr0.00%
Future on Tata Power Co LtdEquity - Future-3.52 Cr0.00%
Tata Power Co LtdEquity3.49 Cr0.00%
Future on Aurobindo Pharma LtdEquity - Future-3.47 Cr0.00%
Aurobindo Pharma LtdEquity3.46 Cr0.00%
Future on Polycab India LtdEquity - Future-2.75 Cr0.00%
Polycab India LtdEquity2.73 Cr0.00%
Future on Asian Paints LtdEquity - Future-2.42 Cr0.00%
Asian Paints LtdEquity2.41 Cr0.00%
Future on Godrej Properties LtdEquity - Future-1.69 Cr0.00%
Godrej Properties LtdEquity1.68 Cr0.00%
CashCash-1.15 Cr0.00%
Nifty 23000 Call December 2025 OptionEquity Index - Option (Call)1 Cr0.00%
Future on Jindal Steel LtdEquity - Future-0.93 Cr0.00%
Jindal Steel LtdEquity0.93 Cr0.00%
Future on Tech Mahindra LtdEquity - Future-0.76 Cr0.00%
Tech Mahindra LtdEquity0.76 Cr0.00%
The Indian Hotels Company Limited October 2025 FutureEquity - Future-0.58 Cr0.00%
Indian Hotels Co LtdEquity0.58 Cr0.00%
Future on PI Industries LtdEquity - Future-0.12 Cr0.00%
PI Industries LtdEquity0.12 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

58.95%

Mid Cap Stocks

1.57%

Small Cap Stocks

2.77%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services33,524.38 Cr28.00%
Consumer Cyclical12,344.96 Cr10.31%
Communication Services11,929.66 Cr9.96%
Technology7,470.15 Cr6.24%
Utilities7,242.37 Cr6.05%
Energy7,232.55 Cr6.04%
Consumer Defensive6,576.84 Cr5.49%
Healthcare4,946.54 Cr4.13%
Basic Materials835.79 Cr0.70%
Industrials211.63 Cr0.18%
Real Estate67.09 Cr0.06%

Risk & Performance Ratios

Standard Deviation

This fund

8.51%

Cat. avg.

13.19%

Lower the better

Sharpe Ratio

This fund

1.70

Cat. avg.

0.78

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.28

Higher the better

Fund Managers

RM

Raj Mehta

Since January 2016

Rajeev Thakkar

Rajeev Thakkar

Since May 2013

Raunak Onkar

Raunak Onkar

Since May 2013

RT

Rukun Tarachandani

Since May 2022

Tejas Soman

Tejas Soman

Since September 2025

MK

Mansi Kariya

Since December 2023

AD

Aishwarya Dhar

Since September 2025

Additional Scheme Detailsas of 30th September 2025

ISIN
INF879O01027
Expense Ratio
0.63%
Exit Load
2.00%
Fund Size
₹1,19,723 Cr
Age
12 years 4 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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Axis Flexi Cap Fund Regular Growth

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Navi Flexi Cap Fund Direct Growth

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Mahindra Manulife Flexi Cap Fund Regular Growth

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Very High Risk

1.2%1.0%₹5049.19 Cr1.3%
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Very High Risk

0.5%1.0%₹13363.20 Cr5.5%
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Very High Risk

0.8%0.0%₹22503.86 Cr1.6%
Mirae Asset Flexi Cap Fund Regular Growth

Very High Risk

1.9%1.0%₹3107.47 Cr3.5%
Mirae Asset Flexi Cap Fund Direct Growth

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Taurus Flexi Cap Fund Direct Growth

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About the AMC

PPFAS Mutual Fund

PPFAS Mutual Fund

Total AUM

₹1,31,786 Cr

Address

Great Western Building, 1st Floor, Mumbai, 400 001

Other Funds by PPFAS Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Moderate Risk

0.3%1.0%₹2605.81 Cr5.8%
Parag Parikh Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹1893.46 Cr6.8%
Parag Parikh Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3866.94 Cr6.5%
Parag Parikh Conservative Hybrid Fund Direct Growth

Moderately High risk

0.3%1.0%₹3028.40 Cr7.3%
Parag Parikh Flexi Cap Fund Direct Growth

Very High Risk

0.6%2.0%₹119723.32 Cr8.4%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹5638.79 Cr6.2%

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The NAV of Parag Parikh Flexi Cap Fund Direct Growth, as of 17-Oct-2025, is ₹94.55.
The fund has generated 8.38% over the last 1 year and 23.14% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 75.47% in equities, 0.90% in bonds, and 23.63% in cash and cash equivalents.
The fund managers responsible for Parag Parikh Flexi Cap Fund Direct Growth are:-
  1. Raj Mehta
  2. Rajeev Thakkar
  3. Raunak Onkar
  4. Rukun Tarachandani
  5. Tejas Soman
  6. Mansi Kariya
  7. Aishwarya Dhar
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