Parag Parikh Flexi Cap Fund Direct-Growth
(Scheme Rating)
NAV as of May 06, 2025
87.78-0.31%
- Growth - Direct
(Earn upto 0.70% Extra Returns with Direct Plan)
Fund Category:
Equity: Flexi Cap
Expense Ratio:
0.63%(0.72% Category
average)Fund Size:
Rs. 93,440.89 Cr(15.46% of Investment in Category)
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Parag Parikh Flexi Cap Fund Direct-Growth
(Scheme Rating)
NAV as of May 06, 2025
87.78-0.31%
Expense Ratio:
0.63%
Fund Size:
Rs. 93,440.89 Cr
Fund Category:
Equity: Flexi Cap
1. Current NAV: The Current Net Asset Value of the Parag Parikh Flexi Cap Fund - Direct Plan as of May 06, 2025 is Rs 87.78 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 13.48% (1yr), 20.74% (3yr), 28.61% (5yr) and 19.96% (since launch). Whereas, Category returns for the same time duration are: 4.82% (1yr), 15.21% (3yr) and 21.37% (5yr).
3. Fund Size: The Parag Parikh Flexi Cap Fund - Direct Plan currently holds Assets under Management worth of Rs 93440.89 crore as on Jan 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.63% for Direct plan as on Mar 25, 2025.
5. Exit Load: Parag Parikh Flexi Cap Fund - Direct Plan shall attract an Exit Load, "For units above 10% of the investment, exit load of 2% if redeemed within 365 days and 1% if redeemed after 365 days but on or before 730 days."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 1000.
Parag Parikh Flexi Cap Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 4.98 0.05 0.80 12.89 21.42 29.18 Category Avg 5.03 -0.18 -6.70 5.55 16.67 22.56 Rank within Category 61 60 1 9 13 8 No. of funds within Category 104 101 99 90 70 52 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 500 Total Return Index
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Parag Parikh Flexi Cap Fund Direct-Growth Fund Details
Investment Objective - The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments.
| Fund House | PPFAS Mutual Fund |
| Launch Date | May 28, 2013 |
| Benchmark | NIFTY 500 Total Return Index |
| Return Since Launch | 19.92% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Low |
| Return Grade | Above Average |
Parag Parikh Flexi Cap Fund Direct-Growth Investment Details
| Minimum Investment (Rs.) | 1,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 1,000.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load For units above 10% of the investment, exit load of 2% if redeemed within 365 days and 1% if redeemed after 365 days but on or before 730 days. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| MAR 2025 | FEB 2025 | JAN 2025 | DEC 2024 | NOV 2024 | OCT 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 162 | 128 | 111 | 111 | 92 | 83 |
| Top 5 Company Holdings | 32.53% | 31.73% | 32.29% | 33.03% | 34.26% | 34.29% |
| Top 10 Company Holdings | 51.68% | 51.92% | 53.15% | 52.72% | 54.33% | 54.71% |
| Company with Highest Exposure | HDFC Bank (8.38%) | HDFC Bank (8.43%) | HDFC Bank (8.11%) | HDFC Bank (8.04%) | HDFC Bank (8.42%) | HDFC Bank (8.41%) |
| Number of Sectors | 9 | 9 | 9 | 9 | 9 | 9 |
| Top 3 Sector Holdings | 47.11% | 48.7% | 49.45% | 49.58% | 49.97% | 50.67% |
| Top 5 Sector Holdings | 60.39% | 62.71% | 64.18% | 63.37% | 63.64% | 64.58% |
| Sector with Highest Exposure | Financial (29.34%) | Financial (28.72%) | Financial (28.22%) | Financial (28.83%) | Financial (29.25%) | Financial (29.93%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 8.13 20.88 92.51 27.20 Power Grid Corporation Of India Energy 7.29 18.40 16.71 4.18 Bajaj Holdings & Invest. Financial 6.72 17.57 674.91 43.22 Coal India Materials 6.04 6.77 55.88 -17.05 ITC Consumer Staples 5.55 27.06 16.09 0.51 ICICI Bank Financial 5.11 19.98 71.65 24.70 Maruti Suzuki India Automobile 4.89 27.28 461.20 1.75 HCL Technologies Technology 4.08 24.64 64.08 15.44 Axis Bank Financial 3.53 12.82 90.58 2.58 Meta Platforms Services 3.44 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Parag Parikh Flexi Cap Fund Direct-Growth 88.06 93,440.89 4.98 12.89 21.42 29.18 JM Flexicap Fund Direct Plan-Growth 106.24 5,263.18 5.19 3.31 26.64 29.57 ICICI Prudential India Equity FOF Direct - Growth 30.63 157.97 5.90 11.31 22.24 31.01 HDFC Retirement Savings Fund Equity Plan Direct-Growth 54.99 5,983.38 5.53 9.13 21.74 30.41 HDFC Focused 30 Fund Direct-Growth 249.35 17,226.97 4.67 16.22 26.46 32.68
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
10.24VS14.35Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.62VS0.92Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.22VS0.71Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
20.30VS11.08Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
6.98VS1.75Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
18.79VS16.25Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
PPFAS Mutual Fund News
- Mutual funds' cash kitty hits 15-year high. What it means for investors?
- Top 5 AMCs with highest growth in AUM in January - March quarter
- 6 mutual funds had over Rs 10,000 crore cash in their portfolios in March
- Parag Parikh Flexi Cap Fund increases cash allocation by Rs 2,100 crore in March amid market turmoil
Fund Manager
- R.T.Rajeev ThakkarSince May 20134 schemes
- R.O.Raunak OnkarSince May 20134 schemes
- R.M.Raj MehtaSince Jan 20165 schemes
- R.T.Rukun TarachandaniSince May 20224 schemes
- M.K.Mansi KariyaSince Dec 20235 schemes
Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP. He has been associated with PPFAS AMC since 2013.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Parag Parikh Conservative Hybrid Fund Direct - Growth Conservative Hybrid 15.05 2,451.46 10.73 Parag Parikh ELSS Tax Saver Fund Direct - Growth ELSS 32.67 4,905.72 13.71 Parag Parikh Dynamic Asset Allocation Fund Direct - Growth Dynamic Asset Allocation 11.24 Unrated 1,761.42 10.06 Parag Parikh Arbitrage Fund Direct - Growth Arbitrage 11.18 Unrated 1,304.46 7.54 Mr.Onkar is an MMS (Finance) from the University of Mumbai. He joined PPFAS as a research analyst. He was appointed as Head- research in the year 2011. He is working with the company as an Associate Fund Manager.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Parag Parikh Conservative Hybrid Fund Direct - Growth Conservative Hybrid 15.05 2,451.46 10.73 Parag Parikh ELSS Tax Saver Fund Direct - Growth ELSS 32.67 4,905.72 13.71 Parag Parikh Dynamic Asset Allocation Fund Direct - Growth Dynamic Asset Allocation 11.24 Unrated 1,761.42 10.06 Parag Parikh Arbitrage Fund Direct - Growth Arbitrage 11.18 Unrated 1,304.46 7.54 Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder. Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Parag Parikh Conservative Hybrid Fund Direct - Growth Conservative Hybrid 15.05 2,451.46 10.73 Parag Parikh ELSS Tax Saver Fund Direct - Growth ELSS 32.67 4,905.72 13.71 Parag Parikh Liquid Fund Direct - Growth Liquid 1,445.45 2,493.98 6.99 Parag Parikh Dynamic Asset Allocation Fund Direct - Growth Dynamic Asset Allocation 11.24 Unrated 1,761.42 10.06 Parag Parikh Arbitrage Fund Direct - Growth Arbitrage 11.18 Unrated 1,304.46 7.54 Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF. Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Parag Parikh Conservative Hybrid Fund Direct - Growth Conservative Hybrid 15.05 2,451.46 10.73 Parag Parikh ELSS Tax Saver Fund Direct - Growth ELSS 32.67 4,905.72 13.71 Parag Parikh Dynamic Asset Allocation Fund Direct - Growth Dynamic Asset Allocation 11.24 Unrated 1,761.42 10.06 Parag Parikh Arbitrage Fund Direct - Growth Arbitrage 11.18 Unrated 1,304.46 7.54 Ms. Karia has done B.Com, MS Finance and CFA Prior to joining PPFAS AMC, she has worked with Insync and Zacks Investment Research
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Parag Parikh Conservative Hybrid Fund Direct - Growth Conservative Hybrid 15.05 2,451.46 10.73 Parag Parikh ELSS Tax Saver Fund Direct - Growth ELSS 32.67 4,905.72 13.71 Parag Parikh Liquid Fund Direct - Growth Liquid 1,445.45 2,493.98 6.99 Parag Parikh Dynamic Asset Allocation Fund Direct - Growth Dynamic Asset Allocation 11.24 Unrated 1,761.42 10.06 Parag Parikh Arbitrage Fund Direct - Growth Arbitrage 11.18 Unrated 1,304.46 7.54
More PPFAS Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Parag Parikh Flexi Cap Fund Direct-Growth | 89,703.46 | -3.92 | -5.49 | -1.55 | 11.06 | 19.91 | |
| Parag Parikh ELSS Tax Saver Fund Direct - Growth | 4,572.13 | -3.09 | -6.62 | -5.53 | 8.31 | 18.52 | |
| Parag Parikh Conservative Hybrid Fund Direct - Growth | 2,397.73 | 0.13 | 0.26 | 1.66 | 8.41 | 11.15 | |
| Parag Parikh Liquid Fund Direct - Growth | 2,256.94 | 0.49 | 1.65 | 3.36 | 6.98 | 6.33 | |
| Parag Parikh Dynamic Asset Allocation Fund Direct - Growth | 1,610.19 | 0.06 | -0.18 | 0.66 | 8.34 | - | |
| Parag Parikh Arbitrage Fund Direct - Growth | 1,204.44 | 0.60 | 1.81 | 3.56 | 7.48 | - |
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1. Parag Parikh Flexi Cap Fund - Direct Plan is Open-ended Flexi Cap Equity scheme which belongs to PPFAS Mutual Fund House.
2. The fund was launched on May 28, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 75.45% in equities, 22.13% in debts and 2.42% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 54.78% of the assets, the top 3 sectors constitute around 47.11% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Parag Parikh Flexi Cap Fund Direct-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Parag Parikh Flexi Cap Fund Direct-Growth
- Is it safe to invest in Parag Parikh Flexi Cap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Parag Parikh Flexi Cap Fund - Direct Plan comes under Very High risk category.
- What is the category of Parag Parikh Flexi Cap Fund - Direct Plan?Parag Parikh Flexi Cap Fund - Direct Plan belongs to the Equity : Flexi Cap category of funds.
- How Long should I Invest in Parag Parikh Flexi Cap Fund - Direct Plan?The suggested investment horizon of investing into Parag Parikh Flexi Cap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Parag Parikh Flexi Cap Fund - Direct Plan?The Parag Parikh Flexi Cap Fund - Direct Plan is managed by Rajeev Thakkar (Since May 13, 2013) , Raunak Onkar (Since May 13, 2013) , Raj Mehta (Since Jan 27, 2016) , Rukun Tarachandani (Since May 16, 2022) and Mansi Kariya (Since Dec 22, 2023).
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