Fund Overview
Fund Size
₹60,559 Cr
Expense Ratio
0.57%
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 10 years, 11 months and 15 days, having been launched on 24-May-13.
As of 08-May-24, it has a Net Asset Value (NAV) of ₹77.45, Assets Under Management (AUM) of 60559.43 Crores, and an expense ratio of 0.57%.
As of 08-May-24, it has a Net Asset Value (NAV) of ₹77.45, Assets Under Management (AUM) of 60559.43 Crores, and an expense ratio of 0.57%.
- Parag Parikh Flexi Cap Fund Direct Growth has given a CAGR return of 20.52% since inception.
- The fund's asset allocation comprises around 85.52% in equities, 1.49% in debts, and 12.99% 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
+38.42%
+36.60% (Cat Avg.)
3 Years
+22.07%
+18.39% (Cat Avg.)
5 Years
+24.57%
+17.57% (Cat Avg.)
10 Years
+20.05%
+15.87% (Cat Avg.)
Since Inception
+20.52%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2024
| Equity | ₹51,788.43 Cr | 85.52% |
| Debt | ₹904.96 Cr | 1.49% |
| Others | ₹7,866.04 Cr | 12.99% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹7,301.69 Cr | 11.42% |
| HDFC Bank Ltd | Equity | ₹5,153.82 Cr | 8.06% |
| Power Grid Corp Of India Ltd | Equity | ₹4,104.16 Cr | 6.42% |
| Bajaj Holdings and Investment Ltd | Equity | ₹3,964.54 Cr | 6.20% |
| Maruti Suzuki India Ltd | Equity | ₹3,540.81 Cr | 5.54% |
| ICICI Bank Ltd | Equity | ₹3,361.99 Cr | 5.26% |
| ITC Ltd | Equity | ₹3,203.76 Cr | 5.01% |
| Coal India Ltd | Equity | ₹3,149.52 Cr | 4.93% |
| Axis Bank Ltd | Equity | ₹2,756.84 Cr | 4.31% |
| HCL Technologies Ltd | Equity | ₹2,556.49 Cr | 4.00% |
| Alphabet Inc Class A | Equity | ₹2,545.18 Cr | 3.98% |
| Microsoft Corp | Equity | ₹2,380.98 Cr | 3.72% |
| Meta Platforms Inc Class A | Equity | ₹2,121.25 Cr | 3.32% |
| Amazon.com Inc | Equity | ₹1,991.26 Cr | 3.11% |
| Motilal Oswal Financial Services Ltd | Equity | ₹1,732.74 Cr | 2.71% |
| Kotak Mahindra Bank Ltd | Equity | ₹1,558.45 Cr | 2.44% |
| NMDC Ltd | Equity | ₹1,201.96 Cr | 1.88% |
| Multi Commodity Exchange of India Ltd | Equity | ₹1,024.33 Cr | 1.60% |
| Balkrishna Industries Ltd | Equity | ₹1,017.9 Cr | 1.59% |
| Central Depository Services (India) Ltd | Equity | ₹1,012.12 Cr | 1.58% |
| Zydus Lifesciences Ltd | Equity | ₹732.22 Cr | 1.15% |
| Indian Energy Exchange Ltd | Equity | ₹690.95 Cr | 1.08% |
| Infosys Ltd | Equity | ₹667.96 Cr | 1.04% |
| Dr Reddy's Laboratories Ltd | Equity | ₹661.49 Cr | 1.03% |
| Indraprastha Gas Ltd | Equity | ₹614.58 Cr | 0.96% |
| Cipla Ltd | Equity | ₹584.38 Cr | 0.91% |
| Cash Offset For Derivatives | Cash - General Offset | ₹536.44 Cr | 0.84% |
| Ipca Laboratories Ltd | Equity | ₹474.43 Cr | 0.74% |
| Oracle Financial Services Software Ltd | Equity | ₹405.93 Cr | 0.63% |
| UTI Asset Management Co Ltd | Equity | ₹292.2 Cr | 0.46% |
| India (Republic of) | Bond - Short-term Government Bills | ₹285.64 Cr | 0.45% |
| Bajaj Finance Limited May 2024 Future | Equity - Future | ₹-252.47 Cr | 0.39% |
| Bajaj Finance Ltd | Equity | ₹250.81 Cr | 0.39% |
| ICRA Ltd | Equity | ₹223.65 Cr | 0.35% |
| Canara Bank | Cash - CD/Time Deposit | ₹189.6 Cr | 0.30% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹189.22 Cr | 0.30% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹189.19 Cr | 0.30% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹188.53 Cr | 0.29% |
| Indian Bank | Bond - Gov't Agency Debt | ₹187.7 Cr | 0.29% |
| Net Receivables / (Payables) | Cash | ₹-170.3 Cr | 0.27% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹168.77 Cr | 0.26% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹165.95 Cr | 0.26% |
| E I D Parry India Ltd | Equity | ₹139.75 Cr | 0.22% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹118.33 Cr | 0.19% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹118.32 Cr | 0.19% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹118.27 Cr | 0.18% |
| Zee Entertainment Enterprises Limited May 2024 Future | Equity - Future | ₹-91.9 Cr | 0.14% |
| Zee Entertainment Enterprises Ltd | Equity | ₹91.43 Cr | 0.14% |
| State Bank Of India | Cash - CD/Time Deposit | ₹74.77 Cr | 0.12% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹71.21 Cr | 0.11% |
| Maharashtra Scooters Ltd | Equity | ₹62.38 Cr | 0.10% |
| 364 DTB 09012025 | Bond - Gov't/Treasury | ₹57.2 Cr | 0.09% |
| Tata Consultancy Services Limited June 2024 Future | Equity - Future | ₹-50.39 Cr | 0.08% |
| Tata Consultancy Services Ltd | Equity | ₹50.01 Cr | 0.08% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹47.92 Cr | 0.07% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.5 Cr | 0.07% |
| Indusind Bank Limited May 2024 Future | Equity - Future | ₹-40.42 Cr | 0.06% |
| IndusInd Bank Ltd | Equity | ₹40.17 Cr | 0.06% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.04 Cr | 0.04% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.75 Cr | 0.04% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹23.54 Cr | 0.04% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.52 Cr | 0.04% |
| Mahindra & Mahindra Limited May 2024 Future | Equity - Future | ₹-20.51 Cr | 0.03% |
| Mahindra & Mahindra Ltd | Equity | ₹20.38 Cr | 0.03% |
| Tech Mahindra Limited May 2024 Future | Equity - Future | ₹-18.87 Cr | 0.03% |
| Tech Mahindra Ltd | Equity | ₹18.73 Cr | 0.03% |
| Reliance Industries Limited May 2024 Future | Equity - Future | ₹-17.21 Cr | 0.03% |
| Reliance Industries Ltd | Equity | ₹17.09 Cr | 0.03% |
| Bandhan Bank Limited May 2024 Future | Equity - Future | ₹-12.79 Cr | 0.02% |
| Bandhan Bank Ltd | Equity | ₹12.71 Cr | 0.02% |
| Swaraj Engines Ltd | Equity | ₹11.68 Cr | 0.02% |
| Biocon Limited May 2024 Future | Equity - Future | ₹-11.03 Cr | 0.02% |
| Biocon Ltd | Equity | ₹10.97 Cr | 0.02% |
| Nifty 50 Index 22000 Call December 2024 Option | Equity Index - Option (Call) | ₹7.5 Cr | 0.01% |
| Tata Motors Limited May 2024 Future | Equity - Future | ₹-6.95 Cr | 0.01% |
| Tata Motors Ltd | Equity | ₹6.89 Cr | 0.01% |
| Piramal Enterprises Limited May 2024 Future | Equity - Future | ₹-6.63 Cr | 0.01% |
| Piramal Enterprises Ltd | Equity | ₹6.59 Cr | 0.01% |
| Hindustan Unilever Limited May 2024 Future | Equity - Future | ₹-5.32 Cr | 0.01% |
| Hindustan Unilever Ltd | Equity | ₹5.29 Cr | 0.01% |
| 364 DTB 06062024 | Bond - Gov't/Treasury | ₹4.97 Cr | 0.01% |
| Accelya Solutions India Ltd | Equity | ₹4.27 Cr | 0.01% |
| Hdfc Life Insurance Company Limited May 2024 Future | Equity - Future | ₹-1.36 Cr | 0.00% |
| HDFC Life Insurance Company Limited | Equity | ₹1.35 Cr | 0.00% |
| Larsen & Toubro Limited May 2024 Future | Equity - Future | ₹-0.43 Cr | 0.00% |
| Larsen & Toubro Ltd | Equity | ₹0.43 Cr | 0.00% |
| United Spirits Limited May 2024 Future | Equity - Future | ₹-0.17 Cr | 0.00% |
| United Spirits Ltd | Equity | ₹0.16 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
72.42%
Mid Cap Stocks
7.07%
Small Cap Stocks
6.97%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹22,083.23 Cr | 34.54% |
| Consumer Cyclical | ₹6,651.31 Cr | 10.40% |
| Technology | ₹6,084.37 Cr | 9.52% |
| Communication Services | ₹4,757.86 Cr | 7.44% |
| Utilities | ₹4,718.74 Cr | 7.38% |
| Consumer Defensive | ₹3,209.21 Cr | 5.02% |
| Energy | ₹3,166.61 Cr | 4.95% |
| Healthcare | ₹2,463.49 Cr | 3.85% |
| Basic Materials | ₹1,341.71 Cr | 2.10% |
| Industrials | ₹0.43 Cr | 0.00% |
Risk & Performance Ratios
Standard Deviation
This fund
11.21%
Cat. avg.
13.27%
Lower the better
Sharpe Ratio
This fund
1.40
Cat. avg.
1.01
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.91
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 March 2024
| ISIN | INF879O01027 | Expense Ratio | 0.57% | Exit Load | 2.00% | Fund Size | ₹60,559 Cr | Age | 24 May 2013 | 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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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% | ₹45911.90 Cr | 32.1% |
| Baroda BNP Paribas Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1254.23 Cr | 38.5% |
| Baroda BNP Paribas Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1254.23 Cr | 36.6% |
| JM Flexicap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1773.87 Cr | 61.3% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹860.00 Cr | 50.6% |
| ITI Flexi Cap Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹860.00 Cr | 47.8% |
| Parag Parikh Flexi Cap Fund Regular Growth Very High Risk | 1.3% | 2.0% | ₹60559.43 Cr | 37.4% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹60559.43 Cr | 38.4% |
| Motilal Oswal Flexicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹9660.38 Cr | 51.4% |
| Motilal Oswal Flexicap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹9660.38 Cr | 50.1% |
About the AMC
Total AUM
₹68,221 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 | 0.4% | 0.0% | ₹433.97 Cr | - |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2117.75 Cr | 6.9% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹1940.54 Cr | 16.3% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹60559.43 Cr | 38.4% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹3360.61 Cr | 32.0% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
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 08-May-2024, is ₹77.45.
What are the returns of Parag Parikh Flexi Cap Fund Direct Growth?
The fund has generated 38.42% over the last 1 year and 22.07% 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 85.52% in equities, 1.49% in bonds, and 12.99% 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 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.