Formerly Parag Parikh Long Term Equity Reg Gr
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).
The fund has been a Category Leader on the Fund Size metric
The fund has been a Category Leader on the Outperformance Consistency metric
NAV (Feb 3)
6 Month CAGR
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.
Launched (10y ago)
May 24, 2013
AUM in Crores
IISL Nifty 500 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Parag Parikh Flexi Cap fund (Growth)||1,095,831||363,219||16.1%|
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.
clearing corporation of india ltd9.7%
housing development finance corp ltd8.4%
bajaj holdings and investment ltd7.3%
axis bank ltd5.9%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 4,848 cr
₹ 10,444 cr
₹ 15,500 cr
₹ 10,444 cr
₹ 15,500 cr
PPFAS Asset Management Pvt. Ltd
PPFAS Asset Management Pvt. Ltd manages assets worth 31,921 crores and was set up on 8 August 2011. It's current offering of mutual fund schemes includes 2 equity,5 debt and 3 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
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.
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.
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.
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.
|Asset Type (Equity vs Debt)||Weightage|
|Debt & Cash||4.50%|
|Sector||Percentage of Holding|
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.
Yes, Parag Parikh Flexi Cap Fund (Growth) charges an expense ratio of 1.81%.
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).
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.