Historical NAV & Returns
Absolute
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320559 people have invested ₹ 317.9Cr in Parag Parikh Flexi Cap Fund Direct Growth in the last three months
About Parag Parikh Flexi Cap Fund Direct Growth
Parag Parikh Flexi Cap Fund, launched in 2013, is a flexi-cap mutual fund that strategically invests across companies of all market capitalizations. It follows the NIFTY 500 - TRI as its benchmark, ensuring broad market representation. The fund is designed to generate long-term capital appreciation through a diversified portfolio comprising Indian and foreign equities, along with debt securities.
Sector-wise, the fund manager actively allocates capital across various industries, with the Financial and Energy sectors being the most significant.
Currently, the fund's portfolio comprises 2.3% small-cap stocks, 61.24% large-cap stocks, and 2.40% mid-cap stocks.
With an AUM of ₹88005.0 crores, Parag Parikh Flexi Cap Fund Direct Growth generated a return of 11.7% in 1 year, 17.0% in 3 years, 31.8% in 5 years. while its benchmark index (Nifty 500) generated 0.7% in 1 year, 10.6% in 3 years, and 25.7% in 5 years.
Parag Parikh Flexi Cap Fund Direct Growth Overview
| Expense ratio | 0.63% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹88005 Cr |
| Inception Date | 24 May, 2013 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 2.0% |
| Lock In | No Lock-in |
TurnOver | 8.67% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Parag Parikh Flexi Cap Fund Direct Growth
Powered by IND quant engine
2
/21
68% Performance
73% Risk Management
76% Cost
2 out of 21 among flexi cap
Generated Consistent Returns
Consistently beats benchmark
Lower volatility within category
No bad points found for this fund.
Trailing Returns
as on (04-Apr-25)
Fund Distribution
as on (28-Feb-25)
Large cap
61.2%
Mid cap
2.4%
Small cap
2.3%
Sector Allocation
Financial Services
38.6%
Consumer Cyclical
14.6%
Tech
10.3%
Communication
9.1%
Energy
8.7%
Utilities
7%
Consumer Defensive
5.8%
Health
5.4%
Basic Materials
0.3%
Industrial
0.1%
Real Estate
0%
All changes are between Dec'24 and Feb'25
- AUM of the fund stands at 88K Cr as of Feb'25
- AUM increased by 465.1 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Mahindra & Mahindra Ltd's allocation increased from 1.99% to 2.96%
Kotak Mahindra Bank Ltd's allocation increased from 3.41% to 4.27%
Meta Platforms Inc Class A's allocation increased from 3.38% to 3.93%
Top Stocks sold last month
Bajaj Holdings and Investment Ltd's allocation decreased from 7.22 % to 7 %
Power Grid Corp Of India Ltd's allocation decreased from 6.54 % to 5.52 %
ICICI Bank Ltd's allocation decreased from 4.93 % to 4.79 %
Mid Cap allocation has gone down from 3.6% to 2.4%
Large Cap allocation has gone up from 60.8% to 61.2%
Small Cap allocation has gone down from 2.8% to 2.3%
Cash allocation has gone up from 20.1% to 22.2%
Debt allocation has gone down from 1.2% to 0.6%
Top 3 Sectors in February were Financial Services, Corporate & Consumer Cyclical
Feb'25
Financial Services
39%
Corporate
22%
Consumer Cyclical
15%
Jan'25
Financial Services
39%
Corporate
28%
Consumer Cyclical
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.43% | 0% | |
 Bajaj Holdings and Investment Ltd | 7% | 0% | |
 Coal India Ltd | 5.99% | 2.4% | |
 Power Grid Corp Of India Ltd | 5.52% | 4.3% | |
 ICICI Bank Ltd | 4.79% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Parag Parikh Flexi Cap Fund Direct Growth | 11.67% | 16.96% | 31.81% | 19.72% |
 HDFC Flexi Cap Fund -Direct Plan - Growth Option | 12.46% | 20.93% | 33.89% | 16.76% |
 UTI Flexi Cap Fund - Growth Option - Direct | 7.7% | 6.01% | 22.46% | 14% |
 Aditya Birla Sun Life Flexi Cap Fund Direct Plan Growth | 6.79% | 12.29% | 26.81% | 16.4% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Power Grid Corporation of India Ltd | 17.8% |
 Coal India Ltd | 9.1% |
 Bajaj Holdings & Investment Ltd | 2.6% |
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Rajeev Thakkar
Fund Manager of Parag Parikh Flexi Cap Fund Direct Growth, since 24 May 2013
Top funds managed
Raunak Onkar
Fund Manager of Parag Parikh Flexi Cap Fund Direct Growth, since 24 May 2013
Top funds managed
Raj Mehta
Fund Manager of Parag Parikh Flexi Cap Fund Direct Growth, since 27 January 2016
Top funds managed
Fund House
PPFAS Asset Management Pvt. Ltd
Total Schemes
Total AUM
₹99.61K Cr
as on 28-Feb-2025
Address
PPFAS Asset Management Pvt. Ltd.,Great Western Building, 1st Floor,,130/132, S.B.S. Marg, Opp. Lion Gate,,Fort,
Phone
+912261406555
Website
swapnil@ppfas.com
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.63% which is lower than the category average expense ratio of 1.18%.
In the last 3 years, HDFC Flexi Cap Fund -Direct Plan - Growth Option has given 20.93% return, outperforming this fund by 3.97% per annum.
Over the last 15 months, this fund has decreased expense ratio by 3.1% moving from 0.65 to 0.63.
In the last 1 year, HDFC Flexi Cap Fund -Direct Plan - Growth Option has given 12.46% return, outperforming this fund by 0.79%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 38.29% return, outperforming this fund by 6.48% per annum.
Over the last 6 months, this fund has experienced a 12.1% growth in AUM moving from 78.49K Cr to 88.00K Cr.
Parag Parikh Flexi Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 19.72% since inception which is more than its category average return of 14.58%
Fund Allocations
This fund has an allocation of 77.24% in Equity, 0.61% in Debt and 22.16% in Cash related instruments
AUM size ₹88005 Cr
This fund has AUM of ₹88005 Cr which is more than its category average of ₹ 8529 Cr
Expense Ratio 0.63%
This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.33%
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Quant Flexi Cap Fund Direct Growth
Frequently Asked Questions for Parag Parikh Flexi Cap Fund Direct Growth
The current NAV of Parag Parikh Flexi Cap Fund Direct Growth is ₹83.62 as on 04-Apr-2025.
Existing (Absolute + CAGR) as on 04-Apr-2025.
Parag Parikh Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.04% | 2.04% |
6 Month Returns | -3.3% | -3.3% |
1 Year Returns | 11.67% | 11.67% |
3 Years Returns | 60.01% | 16.96% |
5 Years Returns | 297.85% | 31.81% |
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0.63% as on March 2025
₹88005 Cr as on March 2025
HDFC Bank Ltd(8.43%), Bajaj Holdings and Investment Ltd(7%), Coal India Ltd(5.99%), Power Grid Corp Of India Ltd(5.52%), ICICI Bank Ltd(4.79%) as on March 2025
Financial Services(29.85%), Consumer Cyclical(11.29%), Tech(7.96%) as on March 2025
The alpha ratio for the Parag Parikh Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Parag Parikh Flexi Cap Fund Direct Growth | 7 | 5.78 | 10.19 |
As on March 2025
The alpha for Parag Parikh Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Parag Parikh Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Parag Parikh Flexi Cap Fund Direct Growth | 0.54 | 0.63 | 0.67 |
As on March 2025
The Beta for Parag Parikh Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Parag Parikh Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Parag Parikh Flexi Cap Fund Direct Growth | 0.77 | 1.01 | 1.83 |
As on March 2025
The sharpe ratio for Parag Parikh Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Parag Parikh Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Parag Parikh Flexi Cap Fund Direct Growth | 9.6 | 10.64 | 12.59 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.7 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.53 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Rajeev Thakkar, Raunak Onkar, Raj Mehta are the fund managers of Parag Parikh Flexi Cap Fund Direct Growth
The Exit load of Parag Parikh Flexi Cap Fund Direct Growth is 2%