• Mutual Funds
  • Parag Parikh Mutual Fund
  • Parag Parikh Flexi Cap fund (Growth)

Formerly Parag Parikh Long Term Equity Reg Gr

Parag Parikh Mutual Fund

Parag Parikh Flexi Cap Fund (Growth)

EquityFlexi Cap

Recommended

Top Ranked

45.2887

NAV (May 20)

17.8%
5 Year CAGR
Scripbox Opinion

Recommended

Parag Parikh Flexi Cap fund (Growth) is recommended for investment within flexi cap mutual funds.

Flexi cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Track Record

9 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

21,907 Cr. Category leader in size

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Consistently Good. The fund has performed well consistently over a period of time

Scripbox Recommended Flexi Cap Funds

Want the flexi cap equity funds that are right for your long term equity investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

45.2887

NAV (May 20)

Fund Returns

Last 1Y

11.7%

Last 3Y

22.1%

Last 5Y

17.8%

Last 10Y

NA

Since Inception

18.3%

6 Month CAGR

-12.2%

Scheme Information

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.

Expense Ratio

1.94

Launched (9y ago)

May 24, 2013

AUM in Crores

21906.959

ISIN

INF879O01019

Lock-in

No Lock-in

Benchmark

IISL Nifty 500 TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Raj Mehta

Fund Manager

Raunak Onkar

Fund Manager

Rukun Tarachandani

Fund Manager

Rajeev Thakkar

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-05-20

Top Stock Holdings

itc ltd

8.9%
8.9%

bajaj holdings and investment ltd

8.1%
8.1%

alphabet inc class a

7.4%
7.4%

microsoft corp

7.2%
7.2%

treps

7%
7%
See all holdings
allocation by market cap

Allocation by Sector

financial services

36.2%
36.2%

consumer cyclical

13.1%
13.1%

technology

12.5%
12.5%

communication services

11.7%
11.7%

consumer defensive

8.9%
8.9%
See all sectors

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,388 cr

5

₹ 13,113 cr

5

₹ 13,113 cr

5

₹ 4,388 cr

5

₹ 4,388 cr

5

About the AMC

PPFAS Asset Management Pvt. Ltd

PPFAS Asset Management Pvt. Ltd manages assets worth 24,687 crores and was set up on 8 August 2011. It's current offering of mutual fund schemes includes 5 debt and 2 equity funds.

amc-img

  • 022-61406555
  • priyah@ppfas.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    22.1%

    18.3%

    3.8%

    4.5%

    -

    23%

    -

    0.1%

    -

    0%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Parag Parikh Flexi Cap Fund (Growth) is an open-ended dynamic and diversified equity mutual fund scheme. It invests in large-cap, mid-cap, and small-cap stocks of Indian as well as foreign companies. On average, the fund invests 65% of its assets in stocks of listed Indian companies. Such an investment benefits the scheme w.r.t. Favourable capital gains taxation under Direct Taxes. The fund strongly believes in the principle of compounding and hence provides only the Growth option. The fund is more suitable for an investor who is seeking investment for a minimum period of 5 years. The fund aims to provide long-term capital appreciation. The fund is co-managed by Mr. Rajeev Thakkar, Mr. Raj Mehta, and Mr. Raunak Onkar.

    Investment Objective of Parag Parikh Flexi Cap Fund (Growth)

    Parag Parikh Flexi Cap Fund (Growth) aims to provide long term growth and wealth appreciation. To achieve its investment objective, the fund invests in a diversified portfolio across various industries and/or sectors and/ or market capitalisation. It does not limit or restrict its investment in terms of any market capitalisation, sector, or geography. The fund managers actively manage the portfolio comprising equity and equity-related securities along with debt and money market instruments. The fund invests 35% of its corpus in debt and similar instruments.

    Parag Parikh Flexi Cap Fund (Growth) Scheme Details

    On 24th May 2013 Parag Parikh Mutual Fund had launched Parag Parikh Flexi Cap Fund (Growth). In existence for 9 years, the fund continues to provide a consistent long-term appreciation of the capital invested, to its investors in line with its investment objectives.

    • NAV and Returns – The NAV of the fund as of 3rd April 2022 is Rs 49.47. The risk-o-meter of the fund is very high risk. Hence, an investor must understand that their principal amount of investment will be at very high risk. Owing to the nature class of the fund, an investor may expect volatility in the short term. Parag Parikh Flexi Cap Fund-Growth has delivered a return of 19.80% since its inception.
    • Minimum Investment – The fund requires a minimum SIP investment of Rs 1,000. However, the minimum amount for a lump sum investment is Rs 5,000
    • Expense Ratio and Exit Load – The fund charges an expense ratio of 1.81% on the units of the mutual funds at the NAV. 
    • Fund Manager – The fund is co-managed by Mr. Rajeev Thakkar, Mr. Raj Mehta, and Mr. Raunak Onkar. Mr. Rajeev Thakkar comes with an experience of 15 years in various capital market segments such as corporate finance, investment banking, and securities broking. He has been managing the fund since 13th May 2003. Mr. Raj Mehta has been managing the fund since 27th January 2016. He possesses a wide range of experience in the field of financial services such as investment banking, management of fixed income portfolio, and Portfolio Management Services (PMS) operations. Mr. Raunak Onkar was the Head of research and analysis at PPFAS. Currently, he is an associate fund manager at PPFAS.
      • The domestic investment component of the fund’s portfolio is being managed by Rajeev Thakkar. Mr. Raunak Onkar manages the foreign investment component of the fund. Mr. Raj Mehta is responsible for managing the fixed income investment component of the fund’s portfolio.
    • Other Details – No lock-in period for the scheme. An investor can redeem any number of units at anytime. As of 3rd April 2022, the AUM of Parag Parikh Flexi Cap Fund (Growth) is Rs 20,129.662 cr. The fund benchmarks to IISL Nifty 500 TR INR. This fund is meant for investors with a minimum investment horizon of 5 years and more. The fund was formerly known as Parag Parikh Long Term Equity Reg Gr.

    Review of Parag Parikh Flexi Cap Fund (Growth)

    Parag Parikh Flexi Cap Fund-Growth is recommended by Scripbox within the diversified mutual fund category. Diversified mutual funds provide inflation-beating growth over the long term and are suitable for an investment goal of capital appreciation. Diversified mutual funds achieve their goal through a diversified investment of their corpus in various sectors and market capitalization. Moreover, the fund is suitable for an investment duration of 10-15 years or longer to fulfill those investment goals.

    Parag Parikh Flexi Cap Fund has 65% exposure in Indian equity and 30% exposure in international equity. The fund holds rank 3 and rank 2 on the basis of average 1 year rolling return – 26.85% and average 3 years rolling return – 24.65%. Returns were calculated based on 1 year and 3 years rolling returns rolled monthly for the last 4 years. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund’s absolute and relative performance across all timescales, without bias. The fund is in top based on the quarterly outperformance count in the category. Out of 16 quarters the fund has outperformed the category average 13 times.

    The fund has second highest information ratio in the category. The information ratio is used to evaluate the skill of a portfolio manager at generating returns more than a given benchmark. With the AUM value of 20129.66 Cr., the fund is in top 5 in the category. The top sectors of the fund are financial services, technology and communication services with 37.69%, 14.56% and 14.34%. 67% asset is in top 10 stocks.

    1. With an existence of over 9 years, the fund has sufficient history for analysis. The track record is 9 years
    2. With an AUM or relative size of Rs 20,129.662 cr, the fund is a leader within its category of diversified mutual funds.
    3. Over a period of time, the funds have been performing well consistently by achieving benchmark beating returns. The returns earned are similar to other funds in the same category of mutual funds.

    Fund Performance of Parag Parikh Flexi Cap Fund (Growth)

    Annualised Returns

    PeriodReturns
    5 Years20.40%
    3 Years25.70%
    1 Years30.20%
    The above mentioned data is as of 3rd April 2022

    Performance Ratio

    Standard Deviation16.11%
    Portfolio Beta0.62%
    Treynor’s Ratio0.33
    Sharpe Ratio1.28%
    The above mentioned data is as of 3rd April 2022

    Asset Allocation

    Asset Allocation as per Asset Type

    Asset Type (Equity vs Debt)Weightage
    Equity95.50%
    Debt & Cash4.50%
    The above mentioned data is as of 3rd April 2022

    Asset Allocation As per Sector

    SectorPercentage of Holding
    Financial Services36%
    Consumer Cyclical14.30%
    Technology13.90%
    Communication Services13.70%
    Consumer Defensive8%
    Healthcare5%
    Utilities4.50%
    The above mentioned data is as of 3rd April 2022

    Frequently Asked Questions

    Should I invest in Parag Parikh Flexi Cap Fund (Growth)?

    Parag Parikh Flexi Cap Fund (Growth) is a dynamic diversified equity oriented scheme. Hence, it is exposed to volatilities subject to market fluctuations. The fund offers only “Growth Option,” not the “Dividend Option,” due to the scheme’s strong belief in the theory of compounding. Furthermore, the scheme does not restrict its corpus towards an individual sector, market capitalisation, geography, etc. It is a better investment option for an investor who wishes to invest for a minimum period of 5 years and understands volatility. The fund is not an ideal investment for an investor who is seeking a short-term investment and is not comfortable with associated risk. 

    Does Parag Parikh Flexi Cap Fund (Growth) charge expense ratio?

    Yes, Parag Parikh Flexi Cap Fund (Growth) charges an expense ratio of 1.81%.

    Is Parag Parikh Flexi Cap Fund a direct fund?

    The Parag Parikh Flexi Cap Fund offers a regular as well as direct plan. You can choose to invest in any of the plans. However, before investing you must understand the difference between a regular and direct plan. A Direct plan is what you buy directly from the mutual fund company (usually from their own website), whereas a Regular plan is what you buy through an advisor, broker or distributor (intermediary).

    Does Parag Parikh Flexi Cap Fund (Growth) charge an exit load?

    Yes, Parag Parikh Flexi Cap Fund (Growth) charges an exit load. If the investment is redeemed after 365 days but before 730 days from the date of allotment of units, the rate is 1%. If the investment is redeemed after 730 days from the date of unit allotment, there will be no exit load. From the date of allotment, 10% of the units (“the limit”) may be redeemed without any exit load for each purchase / switch-in of Units. Existing and potential investors will not be charged an exit load if they convert from the Regular Plan to the Direct Plan of the Scheme.

    Discover More Funds

    Parag Parikh Flexi Cap Fund (Growth) is an open-ended dynamic and diversified equity mutual fund scheme. It invests in large-cap, mid-cap, and small-cap stocks of Indian as well as foreign companies. On average, the fund invests 65% of its assets in stocks of listed Indian companies. Such an investment benefits the scheme w.r.t. Favourable capital gains taxation under Direct Taxes. The fund strongly believes in the principle of compounding and hence provides only the Growth option. The fund is more suitable for an investor who is seeking investment for a minimum period of 5 years. The fund aims to provide long-term capital appreciation. The fund is co-managed by Mr. Rajeev Thakkar, Mr. Raj Mehta, and Mr. Raunak Onkar.

    Investment Objective of Parag Parikh Flexi Cap Fund (Growth)

    Parag Parikh Flexi Cap Fund (Growth) aims to provide long term growth and wealth appreciation. To achieve its investment objective, the fund invests in a diversified portfolio across various industries and/or sectors and/ or market capitalisation. It does not limit or restrict its investment in terms of any market capitalisation, sector, or geography. The fund managers actively manage the portfolio comprising equity and equity-related securities along with debt and money market instruments. The fund invests 35% of its corpus in debt and similar instruments.

    Parag Parikh Flexi Cap Fund (Growth) Scheme Details

    On 24th May 2013 Parag Parikh Mutual Fund had launched Parag Parikh Flexi Cap Fund (Growth). In existence for 9 years, the fund continues to provide a consistent long-term appreciation of the capital invested, to its investors in line with its investment objectives.

    • NAV and Returns – The NAV of the fund as of 3rd April 2022 is Rs 49.47. The risk-o-meter of the fund is very high risk. Hence, an investor must understand that their principal amount of investment will be at very high risk. Owing to the nature class of the fund, an investor may expect volatility in the short term. Parag Parikh Flexi Cap Fund-Growth has delivered a return of 19.80% since its inception.
    • Minimum Investment – The fund requires a minimum SIP investment of Rs 1,000. However, the minimum amount for a lump sum investment is Rs 5,000
    • Expense Ratio and Exit Load – The fund charges an expense ratio of 1.81% on the units of the mutual funds at the NAV. 
    • Fund Manager – The fund is co-managed by Mr. Rajeev Thakkar, Mr. Raj Mehta, and Mr. Raunak Onkar. Mr. Rajeev Thakkar comes with an experience of 15 years in various capital market segments such as corporate finance, investment banking, and securities broking. He has been managing the fund since 13th May 2003. Mr. Raj Mehta has been managing the fund since 27th January 2016. He possesses a wide range of experience in the field of financial services such as investment banking, management of fixed income portfolio, and Portfolio Management Services (PMS) operations. Mr. Raunak Onkar was the Head of research and analysis at PPFAS. Currently, he is an associate fund manager at PPFAS.
      • The domestic investment component of the fund’s portfolio is being managed by Rajeev Thakkar. Mr. Raunak Onkar manages the foreign investment component of the fund. Mr. Raj Mehta is responsible for managing the fixed income investment component of the fund’s portfolio.
    • Other Details – No lock-in period for the scheme. An investor can redeem any number of units at anytime. As of 3rd April 2022, the AUM of Parag Parikh Flexi Cap Fund (Growth) is Rs 20,129.662 cr. The fund benchmarks to IISL Nifty 500 TR INR. This fund is meant for investors with a minimum investment horizon of 5 years and more. The fund was formerly known as Parag Parikh Long Term Equity Reg Gr.

    Review of Parag Parikh Flexi Cap Fund (Growth)

    Parag Parikh Flexi Cap Fund-Growth is recommended by Scripbox within the diversified mutual fund category. Diversified mutual funds provide inflation-beating growth over the long term and are suitable for an investment goal of capital appreciation. Diversified mutual funds achieve their goal through a diversified investment of their corpus in various sectors and market capitalization. Moreover, the fund is suitable for an investment duration of 10-15 years or longer to fulfill those investment goals.

    Parag Parikh Flexi Cap Fund has 65% exposure in Indian equity and 30% exposure in international equity. The fund holds rank 3 and rank 2 on the basis of average 1 year rolling return – 26.85% and average 3 years rolling return – 24.65%. Returns were calculated based on 1 year and 3 years rolling returns rolled monthly for the last 4 years. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund’s absolute and relative performance across all timescales, without bias. The fund is in top based on the quarterly outperformance count in the category. Out of 16 quarters the fund has outperformed the category average 13 times.

    The fund has second highest information ratio in the category. The information ratio is used to evaluate the skill of a portfolio manager at generating returns more than a given benchmark. With the AUM value of 20129.66 Cr., the fund is in top 5 in the category. The top sectors of the fund are financial services, technology and communication services with 37.69%, 14.56% and 14.34%. 67% asset is in top 10 stocks.

    1. With an existence of over 9 years, the fund has sufficient history for analysis. The track record is 9 years
    2. With an AUM or relative size of Rs 20,129.662 cr, the fund is a leader within its category of diversified mutual funds.
    3. Over a period of time, the funds have been performing well consistently by achieving benchmark beating returns. The returns earned are similar to other funds in the same category of mutual funds.

    Fund Performance of Parag Parikh Flexi Cap Fund (Growth)

    Annualised Returns

    PeriodReturns
    5 Years20.40%
    3 Years25.70%
    1 Years30.20%
    The above mentioned data is as of 3rd April 2022

    Performance Ratio

    Standard Deviation16.11%
    Portfolio Beta0.62%
    Treynor’s Ratio0.33
    Sharpe Ratio1.28%
    The above mentioned data is as of 3rd April 2022

    Asset Allocation

    Asset Allocation as per Asset Type

    Asset Type (Equity vs Debt)Weightage
    Equity95.50%
    Debt & Cash4.50%
    The above mentioned data is as of 3rd April 2022

    Asset Allocation As per Sector

    SectorPercentage of Holding
    Financial Services36%
    Consumer Cyclical14.30%
    Technology13.90%
    Communication Services13.70%
    Consumer Defensive8%
    Healthcare5%
    Utilities4.50%
    The above mentioned data is as of 3rd April 2022

    Frequently Asked Questions

    Should I invest in Parag Parikh Flexi Cap Fund (Growth)?

    Parag Parikh Flexi Cap Fund (Growth) is a dynamic diversified equity oriented scheme. Hence, it is exposed to volatilities subject to market fluctuations. The fund offers only “Growth Option,” not the “Dividend Option,” due to the scheme’s strong belief in the theory of compounding. Furthermore, the scheme does not restrict its corpus towards an individual sector, market capitalisation, geography, etc. It is a better investment option for an investor who wishes to invest for a minimum period of 5 years and understands volatility. The fund is not an ideal investment for an investor who is seeking a short-term investment and is not comfortable with associated risk. 

    Does Parag Parikh Flexi Cap Fund (Growth) charge expense ratio?

    Yes, Parag Parikh Flexi Cap Fund (Growth) charges an expense ratio of 1.81%.

    Is Parag Parikh Flexi Cap Fund a direct fund?

    The Parag Parikh Flexi Cap Fund offers a regular as well as direct plan. You can choose to invest in any of the plans. However, before investing you must understand the difference between a regular and direct plan. A Direct plan is what you buy directly from the mutual fund company (usually from their own website), whereas a Regular plan is what you buy through an advisor, broker or distributor (intermediary).

    Does Parag Parikh Flexi Cap Fund (Growth) charge an exit load?

    Yes, Parag Parikh Flexi Cap Fund (Growth) charges an exit load. If the investment is redeemed after 365 days but before 730 days from the date of allotment of units, the rate is 1%. If the investment is redeemed after 730 days from the date of unit allotment, there will be no exit load. From the date of allotment, 10% of the units (“the limit”) may be redeemed without any exit load for each purchase / switch-in of Units. Existing and potential investors will not be charged an exit load if they convert from the Regular Plan to the Direct Plan of the Scheme.

    Discover More Funds