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  • Parag Parikh Flexi Cap fund (Growth)

Formerly Parag Parikh Long Term Equity Reg Gr

Parag Parikh Flexi Cap fund (Growth)

Parag Parikh Flexi Cap Fund (Growth)

EquityDiversified

Recommended

Top Ranked

45.9358

NAV (Jul 30)

20.5%
5 Year CAGR
Scripbox Opinion

Recommended

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

Diversified 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

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

Relative Size

11,361 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

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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    No Lock-in
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Scheme Information

Investment Objective

The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

risk-indicator-arrow.svg

Very High Risk

Expense Ratio
2.04 %
Launched (8y ago)
May 24, 2013
AUM in Crores
₹ 11,361
ISIN
INF879O01019
Lock-in
No Lock-in
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
₹ 1,000
Lumpsum Min.
₹ 5,000
Fund Managers
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Rajeev Thakkar

Fund Manager

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Raj Mehta

Fund Manager

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Raunak Onkar

Fund Manager

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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.

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Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
    Inflation beating returns
  • Grow Wealth , Retirement , Kid's Education
    Grow Wealth , Retirement , Kid's Education
  • One click investing  tracking
    One click investing tracking
comparison

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About the AMC

PPFAS Asset Management Pvt. Ltd

PPFAS Asset Management Pvt. Ltd manages assets worth 13,222 crores and was set up on 8 August 2011. It's current offering of mutual fund schemes includes 5 debt and 2 equity funds.

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  • tel-amc-about
    022-61406555
  • mail-amc-about
    priyah@ppfas.com
  • Parag Parikh Flexi Cap fund (G)

    Parag Parikh Flexi Cap fund (G)

    Diversified

    Recommended

    Top Ranked

    ₹ 11,360 Cr

    Fund Size

    20.50%

    5 Year CAGR

    5 Y CAGR

    Parag Parikh Liquid Fund (G)

    Parag Parikh Liquid Fund (G)

    Liquid

    ₹ 1,329 Cr

    Fund Size

    4.80%

    Till Date CAGR

    Till Date CAGR

    Parag Parikh Liquid Fund Inc Dist cum Cap Wdrl (RIDCW-M)

    Parag Parikh Liquid Fund Inc Dist cum Cap Wdrl (RIDCW-M)

    Liquid

    ₹ 1,329 Cr

    Fund Size

    0.10%

    Till Date CAGR

    Till Date CAGR

    Parag Parikh Liquid Fund Inc Dist cum Cap Wdrl (RIDCW-D)

    Parag Parikh Liquid Fund Inc Dist cum Cap Wdrl (RIDCW-D)

    Liquid

    ₹ 1,329 Cr

    Fund Size

    0.00%

    Till Date CAGR

    Till Date CAGR

    Parag Parikh Liquid Fund Inc Dist cum Cap Wdrl (PIDCW-M)

    Parag Parikh Liquid Fund Inc Dist cum Cap Wdrl (PIDCW-M)

    Liquid

    ₹ 1,329 Cr

    Fund Size

    0.10%

    Till Date CAGR

    Till Date CAGR

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Grow Wealth , Retirement , Kid's Education
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Parag Parikh Flexi Cap fund (Growth)

    Parag Parikh Flexi Cap fund (Growth)

    Equity

    Diversified

    Mirae Asset Large Cap Fund (Growth)

    Mirae Asset Large Cap Fund (Growth)

    Equity

    Large Cap

    Axis Bluechip Fund (Growth)

    Axis Bluechip Fund (Growth)

    Equity

    Large Cap

    Invesco India Growth Opportunities Fund (Growth)

    Invesco India Growth Opportunities Fund (Growth)

    Equity

    Diversified

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt 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

    Parag Parikh Flexi Cap Fund – Growth Investment Objective

    The investment objective of the scheme is to generate long-term capital growth from an actively managed portfolio primarily of equity and equity-related securities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. 

    It aims to achieve a diversified portfolio across various industries and/or sectors and/ or market capitalization. It does not limit or restrict its investment in terms of any market capitalization, sector, or geography. The fund managers actively manage the portfolio comprising of 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 17 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 29th June 2021 is Rs 42.91. 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 19.70% 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 2.04% on the units of the mutual funds at the NAV. 

    Expense RatioRedeemed or Switched
    2%Investment redeemed or switched on or before 365 days from the date of allotment of units
    1%Investment redeemed or switched after 365 days but on or before 730 days from the date of allotment of units
    NILInvestment redeemed or switched after 730 days from the date of allotment of units.

    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 29th June 2021, the AUM of Parag Parikh Flexi Cap Fund-Growth is Rs 10,277 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.

    1 Year Return60.70%
    3 Years Return21.60%
    5 Years Return20.01%
    Returns Updated as of 29th June 2021

    Parag Parikh Flexi Cap Fund- Growth Top Stock Holdings

    The Parag Parikh Flexi Cap Fund-Growth has invested its assets majorly in the stocks of the following companies:

    CompanyPercentage of Holding (As of 29th June 2021)
    Bajaj Holdings and Investment Limited8.10%
    ITC Limited8.10%
    Microsoft Corp7.20%
    Facebook Inc6.20%
    Persistent Systems Limited5.70%
    Indian Energy Exchange Limited5.10%
    TREPS Dated- 01st June 20215%
    Hero Motocorp Limited5%
    HCL Technologies Limited SHS Dematerialised4.90%

    Asset Allocation of Parag Parikh Flexi Cap Fund- Growth

    The Parag Parikh Flexi Cap Fund-Growth has invested in the following sectors:

    SectorPercentage of Holding (As of 29th June 2021)
    Financial Services29.40%
    Technology23%
    Communication Services14.80%
    Consumer Cyclical14.20%
    Consumer Defensive8.10%
    Healthcare4.50%

    Parag Parikh Flexi Cap Fund – Growth Review

    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.

    1. With an existence of over 8 years, the fund has sufficient history for analysis. The track record is 8 years
    2. With an AUM or relative size of Rs 10,277 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.

    How Scripbox Algorithmically Selects Mutual Funds?

    Scripbox uses time-tested principles, historical data, and valid assumptions about asset classes. We combine them with a rigorous process to finalize which asset classes make the most sense for specific types of objectives, considering the time needed to achieve them.

    Once we select an asset class, our algorithm goes to work to select the best financial products.

    The algorithm scores financial products on multiple parameters, giving relevant weights to each of the listed parameters, such as:

    • Track record of the product – how long has it been around?
    • Assets under management – how big is it – for example, the size of a mutual fund
    • Liquidity – how easy is it to move in or out of the product?
    • Consistency of performance – how much have the returns fluctuated?
    • The risk associated with the product – what risks impact the product?
    • Quality of underlying assets – we assess how risky the underlying assets are – for example, by considering bond ratings in the case of debt funds

    With such a scientific and detailed approach Scripbox ensures:

    • Bias free product selection – commissions don’t sway our decisions
    • Minimal human intervention and thus minimal impact of emotions and behavioral biases
    • Consideration of the maximum number of factors that can impact an investment product
    • Application of logic to investment product selection 

    Our investment product selection science helps us help you, without biases clouding the evaluation.

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