Dezerv

Fund Overview

Fund Size

Fund Size

₹63,934 Cr

Expense Ratio

Expense Ratio

0.62%

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 11 years and 19 days, having been launched on 24-May-13.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹80.26, Assets Under Management (AUM) of 63933.76 Crores, and an expense ratio of 0.62%.
  • Parag Parikh Flexi Cap Fund Direct Growth has given a CAGR return of 20.73% since inception.
  • The fund's asset allocation comprises around 84.38% in equities, 1.83% in debts, and 13.79% 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

+38.31%

+39.31% (Cat Avg.)

3 Years

+21.90%

+17.86% (Cat Avg.)

5 Years

+25.32%

+17.80% (Cat Avg.)

10 Years

+18.85%

+14.44% (Cat Avg.)

Since Inception

+20.73%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity53,948.02 Cr84.38%
Debt1,169.12 Cr1.83%
Others8,816.61 Cr13.79%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India LtdCash - Repurchase Agreement7,655.61 Cr11.53%
HDFC Bank LtdEquity5,589.34 Cr8.42%
Power Grid Corp Of India LtdEquity4,214.97 Cr6.35%
Bajaj Holdings and Investment LtdEquity4,002.95 Cr6.03%
ITC LtdEquity3,616.87 Cr5.45%
Coal India LtdEquity3,553.46 Cr5.35%
Maruti Suzuki India LtdEquity3,425.28 Cr5.16%
ICICI Bank LtdEquity3,365.9 Cr5.07%
Axis Bank LtdEquity2,747.97 Cr4.14%
Alphabet Inc Class AEquity2,698.29 Cr4.06%
Microsoft CorpEquity2,539.82 Cr3.83%
HCL Technologies LtdEquity2,476.99 Cr3.73%
Meta Platforms Inc Class AEquity2,302.99 Cr3.47%
Amazon.com IncEquity2,008.49 Cr3.03%
Kotak Mahindra Bank LtdEquity1,696.64 Cr2.56%
Motilal Oswal Financial Services LtdEquity1,545.26 Cr2.33%
Balkrishna Industries LtdEquity1,277.69 Cr1.92%
NMDC LtdEquity1,229.13 Cr1.85%
Central Depository Services (India) LtdEquity998.2 Cr1.50%
Multi Commodity Exchange of India LtdEquity905.25 Cr1.36%
Zydus Lifesciences LtdEquity768 Cr1.16%
Cash Offset For DerivativesCash - General Offset682.81 Cr1.03%
Indian Energy Exchange LtdEquity677.02 Cr1.02%
Infosys LtdEquity661.54 Cr1.00%
Dr Reddy's Laboratories LtdEquity652.19 Cr0.98%
Cipla LtdEquity604.08 Cr0.91%
Indraprastha Gas LtdEquity578.89 Cr0.87%
Ipca Laboratories LtdEquity408.07 Cr0.61%
Oracle Financial Services Software LtdEquity398.26 Cr0.60%
India (Republic of)Bond - Short-term Government Bills287.38 Cr0.43%
UTI Asset Management Co LtdEquity276.31 Cr0.42%
Bajaj Finance LtdEquity258.78 Cr0.39%
Bajaj Finance Limited June 2024 FutureEquity - Future-256.09 Cr0.39%
ICRA LtdEquity237.52 Cr0.36%
Canara BankCash - CD/Time Deposit190.8 Cr0.29%
Punjab National BankBond - Gov't Agency Debt190.44 Cr0.29%
Union Bank of IndiaBond - Gov't Agency Debt190.42 Cr0.29%
Bank Of BarodaCash - CD/Time Deposit189.72 Cr0.29%
Indian BankBond - Gov't Agency Debt188.94 Cr0.28%
ICICI Bank LimitedCash - CD/Time Deposit169.84 Cr0.26%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit167.09 Cr0.25%
E I D Parry India LtdEquity150.95 Cr0.23%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond119.09 Cr0.18%
HDFC Bank Ltd.Bond - Corporate Bond119.06 Cr0.18%
Axis Bank LimitedCash - CD/Time Deposit119.01 Cr0.18%
Zee Entertainment Enterprises Limited June 2024 FutureEquity - Future-94.94 Cr0.14%
Zee Entertainment Enterprises LtdEquity93.81 Cr0.14%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit93.34 Cr0.14%
Indian BankBond - Gov't Agency Debt93.04 Cr0.14%
Net Receivables / (Payables)Cash-89.8 Cr0.14%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit71.66 Cr0.11%
Maharashtra Scooters LtdEquity62.12 Cr0.09%
364 DTB 09012025Bond - Gov't/Treasury57.55 Cr0.09%
Tata Consultancy Services Limited June 2024 FutureEquity - Future-48.47 Cr0.07%
Axis Bank LimitedCash - CD/Time Deposit48.22 Cr0.07%
Tata Consultancy Services LtdEquity48.05 Cr0.07%
HDFC Bank LimitedCash - CD/Time Deposit47.8 Cr0.07%
Indusind Bank Limited June 2024 FutureEquity - Future-38.99 Cr0.06%
IndusInd Bank LtdEquity38.74 Cr0.06%
Bharat Electronics Limited June 2024 FutureEquity - Future-33.25 Cr0.05%
Bharat Electronics LtdEquity33.06 Cr0.05%
Tech Mahindra Limited June 2024 FutureEquity - Future-27.13 Cr0.04%
Tech Mahindra LtdEquity26.98 Cr0.04%
Bharti Airtel Limited June 2024 FutureEquity - Future-24.27 Cr0.04%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit24.18 Cr0.04%
Bharti Airtel LtdEquity24.13 Cr0.04%
Axis Bank LimitedCash - CD/Time Deposit23.9 Cr0.04%
Mahindra & Mahindra Limited June 2024 FutureEquity - Future-23.88 Cr0.04%
ICICI Bank Ltd.Bond - Corporate Bond23.69 Cr0.04%
Mahindra & Mahindra LtdEquity23.68 Cr0.04%
HDFC Bank LimitedCash - CD/Time Deposit23.67 Cr0.04%
Hindalco Industries Limited June 2024 FutureEquity - Future-21.79 Cr0.03%
Hindalco Industries LtdEquity21.62 Cr0.03%
Reliance Industries Limited June 2024 FutureEquity - Future-16.78 Cr0.03%
Reliance Industries LtdEquity16.66 Cr0.03%
Tata Motors Limited June 2024 FutureEquity - Future-15.95 Cr0.02%
Tata Motors Ltd Class AEquity15.23 Cr0.02%
Bandhan Bank Limited June 2024 FutureEquity - Future-12.77 Cr0.02%
Bandhan Bank LtdEquity12.71 Cr0.02%
Hindustan Copper Limited June 2024 FutureEquity - Future-12.18 Cr0.02%
Hindustan Copper LtdEquity12.07 Cr0.02%
Swaraj Engines LtdEquity11.67 Cr0.02%
Biocon Limited June 2024 FutureEquity - Future-11.41 Cr0.02%
Biocon LtdEquity11.36 Cr0.02%
Nifty 50 Index 22000 Call December 2024 OptionEquity Index - Option (Call)10 Cr0.02%
Bharat Heavy Electricals Limited June 2024 FutureEquity - Future-9.23 Cr0.01%
Bharat Heavy Electricals LtdEquity9.18 Cr0.01%
Idfc Limited June 2024 FutureEquity - Future-5.87 Cr0.01%
IDFC LtdEquity5.84 Cr0.01%
Titan Company Limited June 2024 FutureEquity - Future-5.77 Cr0.01%
Titan Co LtdEquity5.73 Cr0.01%
Hindustan Unilever LtdEquity5.52 Cr0.01%
Hindustan Unilever Limited June 2024 FutureEquity - Future-5.51 Cr0.01%
Dlf Limited June 2024 FutureEquity - Future-5.5 Cr0.01%
DLF LtdEquity5.45 Cr0.01%
364 DTB 06062024Bond - Gov't/Treasury5 Cr0.01%
Accelya Solutions India LtdEquity4.07 Cr0.01%
Bajaj Finance Limited July 2024 FutureEquity - Future-3.55 Cr0.01%
Piramal Enterprises Limited June 2024 FutureEquity - Future-2.83 Cr0.00%
Piramal Enterprises LtdEquity2.8 Cr0.00%
Pi Industries Limited June 2024 FutureEquity - Future-1.87 Cr0.00%
PI Industries LtdEquity1.86 Cr0.00%
Ultratech Cement Limited June 2024 FutureEquity - Future-1.3 Cr0.00%
UltraTech Cement LtdEquity1.29 Cr0.00%
Hdfc Life Insurance Company Limited June 2024 FutureEquity - Future-1.27 Cr0.00%
HDFC Life Insurance Company LimitedEquity1.27 Cr0.00%
Jindal Steel & Power Limited June 2024 FutureEquity - Future-0.91 Cr0.00%
Jindal Steel & Power LtdEquity0.9 Cr0.00%
Bajaj Finserv Limited June 2024 FutureEquity - Future-0.69 Cr0.00%
Bajaj Finserv LtdEquity0.69 Cr0.00%
Larsen & Toubro Limited June 2024 FutureEquity - Future-0.44 Cr0.00%
Larsen & Toubro LtdEquity0.44 Cr0.00%
United Spirits Limited June 2024 FutureEquity - Future-0.16 Cr0.00%
United Spirits LtdEquity0.16 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

70.33%

Mid Cap Stocks

7.22%

Small Cap Stocks

7.36%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services22,363.2 Cr33.69%
Consumer Cyclical6,829.89 Cr10.29%
Technology6,155.71 Cr9.27%
Communication Services5,119.21 Cr7.71%
Utilities4,793.86 Cr7.22%
Consumer Defensive3,622.55 Cr5.46%
Energy3,570.13 Cr5.38%
Healthcare2,443.71 Cr3.68%
Basic Materials1,417.81 Cr2.14%
Industrials42.68 Cr0.06%
Real Estate5.45 Cr0.01%

Risk & Performance Ratios

Standard Deviation

This fund

11.09%

Cat. avg.

12.88%

Lower the better

Sharpe Ratio

This fund

1.30

Cat. avg.

0.89

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.63

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

MK

Mansi Kariya

Since December 2023

Additional Scheme Detailsas of 30th April 2024

ISININF879O01027Expense Ratio0.62%Exit Load2.00%Fund Size₹63,934 CrAge24 May 2013Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 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

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 nameExpense RatioExit LoadFund size
1Y
Kotak Flexicap Fund Regular Growth

Very High Risk

1.5%1.0%₹48469.47 Cr37.8%
Baroda BNP Paribas Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹1290.84 Cr42.0%
Baroda BNP Paribas Flexi Cap Fund Regular Growth

Very High Risk

2.1%1.0%₹1290.84 Cr40.1%
JM Flexicap Fund Regular Growth

Very High Risk

2.0%1.0%₹2107.42 Cr63.7%
ITI Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹937.99 Cr52.9%
ITI Flexi Cap Fund Regular Growth

Very High Risk

2.2%1.0%₹937.99 Cr50.1%
Parag Parikh Flexi Cap Fund Regular Growth

Very High Risk

1.4%2.0%₹63933.76 Cr37.3%
Parag Parikh Flexi Cap Fund Direct Growth

Very High Risk

0.6%2.0%₹63933.76 Cr38.3%
Motilal Oswal Flexicap Fund Direct Growth

Very High Risk

0.9%1.0%₹10034.64 Cr53.4%
Motilal Oswal Flexicap Fund Regular Growth

Very High Risk

1.8%1.0%₹10034.64 Cr52.1%

About the AMC

Total AUM

₹71,926 Cr

Address

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

Other Funds by PPFAS Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Parag Parikh Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹573.46 Cr-
Parag Parikh Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2159.25 Cr7.0%
Parag Parikh Conservative Hybrid Fund Direct Growth

Moderately High risk

0.3%1.0%₹1986.62 Cr17.6%
Parag Parikh Flexi Cap Fund Direct Growth

Very High Risk

0.6%2.0%₹63933.76 Cr38.3%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3454.03 Cr34.1%

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 11-Jun-2024, is ₹80.26.
The fund has generated 38.31% over the last 1 year and 21.90% 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 84.38% in equities, 1.83% in bonds, and 13.79% 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. Mansi Kariya