- Home
- Mutual Funds
- AMC
- Ppfas Mutual Fund
- Parag Parikh Flexi Cap Fund Growth Direct Plan
Parag Parikh Flexi Cap Fund Growth Direct Plan
NAV (Apr 24,2024)
The Parag Parikh Flexi Cap Fund - Growth - Direct Plan offers investors the opportunity to grow their wealth by investing in a diversified portfolio of stocks across various market sectors. With an expense ratio of 0.6%, this fund aims to provide long-term capital appreciation. The minimum investment required is INR 1000, and there is no lock-in period. Established on May 28, 2013, the fund has an asset under management (AUM) of INR 52007.02.
Parag Parikh Flexi Cap Fund Growth Direct Plan Latest Trend
- 1M
- 2M
- 3M
Parag Parikh Flexi Cap Fund Growth Direct Plan Latest Trend
Risk Ratios
- P/E Ratio23.53
- P/B Ratio4.53
- Alpha0.04
- Beta0.72
- Sharpe0.22
- Sortino0.39
Fund Overview
0.60%
0%
No Lock-in
₹ 52007.02 Cr
SIP ₹1000.00
Scheme Riskometer
Investors understand that their principal will be at
Very High
Investment Return Calculator
as on Apr 26, 2024
Total Invested Amount | 3 Months Absolute Return (In %) | 6 Months Absolute Return (In %) | 1 Year Absolute Return (In %) | 3 Year Absolute Return (In %) | 5 Year Absolute Return (In %) |
---|---|---|---|---|---|
₹ 10,000 | ₹ 10,766.78 (7.67%) | ₹ 12,234.48 (22.34%) | ₹ 13,986.74 (39.87%) | ₹ 18,802.66 (88.03%) | ₹ 29,294.11 (192.94%) |
₹ 30,000 | ₹ 32,300.34 (7.67%) | ₹ 36,703.44 (22.34%) | ₹ 41,960.22 (39.87%) | ₹ 56,407.98 (88.03%) | ₹ 87,882.33 (192.94%) |
₹ 50,000 | ₹ 53,833.9 (7.67%) | ₹ 61,172.4 (22.34%) | ₹ 69,933.7 (39.87%) | ₹ 94,013.3 (88.03%) | ₹ 1,46,470.55 (192.94%) |
₹ 80,000 | ₹ 86,134.24 (7.67%) | ₹ 97,875.84 (22.34%) | ₹ 1,11,893.92 (39.87%) | ₹ 1,50,421.28 (88.03%) | ₹ 2,34,352.88 (192.94%) |
₹ 1,00,000 | ₹ 1,07,667.8 (7.67%) | ₹ 1,22,344.8 (22.34%) | ₹ 1,39,867.4 (39.87%) | ₹ 1,88,026.6 (88.03%) | ₹ 2,92,941.1 (192.94%) |
Calculate Your Mutual Fund Returns
Fund Portfolio Allocation
- Holdings
- Sectors
Name
Assets
- Clearing Corporation of India Ltd13.38%
- HDFC Bank Limited8.15%
- Bajaj Holdings & Investment Limited6.71%
- Axis Bank Limited5.51%
- ITC Limited5.39%
- HCL Technologies Limited5.27%
- Power Grid Corporation of India Limited5.22%
- Coal India Limited5.01%
- ICICI Bank Limited4.99%
- Maruti Suzuki India Limited4.96%
- Microsoft Corp4.41%
- Alphabet Inc A4.18%
- Meta Platforms Registered Shares A3.35%
- Amazon Com Inc3.31%
- NMDC Limited2.11%
- Balkrishna Industries Limited2.07%
- Motilal Oswal Financial Services Limited1.82%
- Central Depository Services India Limited1.68%
- Multi Commodity Exchange of India Limited1.53%
- Indian Energy Exchange Limited1.43%
- Infosys Limited1.39%
- Kotak Mahindra Bank Limited1.16%
- Zydus Lifesciences Limited1.03%
- Dr Reddy s Laboratories Limited1.01%
- Cipla Limited1.00%
- IPCA Laboratories Limited0.76%
- UTI Asset Management Company Limited0.60%
- Bajaj Finance Limited0.51%
- ICRA Limited0.46%
- Oracle Financial Services Software Limited0.43%
- NMDC Steel Limited0.27%
- IndusInd Bank Limited0.14%
- Indraprastha Gas Limited0.13%
- Maharashtra Scooters Limited0.11%
- Hindustan Unilever Limited0.10%
- Tech Mahindra Limited0.08%
- Tata Motors Limited0.07%
- Bank of Baroda0.06%
- State Bank of India0.05%
- National Bank For Agriculture and Rural Development0.05%
- Tata Consultancy Services Limited0.04%
- Bandhan Bank Limited0.03%
- Biocon Limited0.03%
- Reliance Industries Limited0.02%
- Days Tbill MD0.01%
- HDFC Life Insurance Company Limited0.00%
- Canara Bank0.00%
- Accelya Solutions India Limited0.00%
- United Spirits Limited0.00%
- Indus Towers Limited0.00%
- Larsen & Toubro Limited0.00%
- Bharat Petroleum Corporation Limited0.00%
- Net Receivables Payables-0.05%
- Bank - Private19.33%
- Miscellaneous15.25%
- Finance - NBFC7.22%
- IT - Software7.22%
- Mining & Minerals7.12%
- Cigarettes/Tobacco5.39%
- Tyres & Allied2.07%
- Finance - Others1.68%
- Ratings0.46%
- Auto Ancillary0.11%
- Bank - Public0.06%
- Refineries0.02%
- Insurance0.00%
Holdings Analysis
Peer Comparison
Pick your choice with our quick comparitive analysis
- 6M
- 1Y
- 3Y
- 5Y
Mutual Fund Schemes | Category | Risk | Absolute Return (6M) |
Bank of India Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 31.16% |
JM Flexicap Fund - Regular Plan - Growth | EQUITY | Very High | 27.98% |
Taurus Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 23.56% |
Kotak Flexicap Fund - Growth | EQUITY | Very High | 21.92% |
PGIM India Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 17.21% |
Bandhan Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 16.57% |
Edelweiss Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 16.13% |
Canara Robeco Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 13.49% |
Sundaram Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 9.80% |
UTI Flexi Cap Fund - Regular Plan - IDCW | EQUITY | Very High | 6.85% |
Mutual Fund Schemes | Category | Risk | Absolute Return (6Y) |
JM Flexicap Fund - Regular Plan - Growth | EQUITY | Very High | 53.80% |
HSBC Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 43.44% |
Aditya Birla Sun Life Flexi Cap Fund - Growth | EQUITY | Very High | 39.01% |
Franklin India Flexi Cap Fund - Growth | EQUITY | Very High | 38.56% |
Nippon India Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 38.33% |
Kotak Flexicap Fund - Growth | EQUITY | Very High | 35.95% |
ICICI Prudential Flexicap Fund - Growth | EQUITY | Very High | 34.78% |
Union Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 34.34% |
Baroda BNP Paribas Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 32.40% |
UTI Flexi Cap Fund - Regular Plan - IDCW | EQUITY | Very High | 19.17% |
Mutual Fund Schemes | Category | Risk | Absolute Return (6Y) |
Quant Flexi Cap Fund - Growth | EQUITY | Very High | 31.89% |
Bank of India Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 27.73% |
Edelweiss Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 20.03% |
Shriram Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 19.25% |
Kotak Flexicap Fund - Growth | EQUITY | Very High | 18.56% |
DSP Flexi Cap Fund - Regular Plan - IDCW | EQUITY | Very High | 17.61% |
Navi Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 17.56% |
Canara Robeco Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 15.66% |
Axis Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 14.92% |
Motilal Oswal Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 13.47% |
Mutual Fund Schemes | Category | Risk | Absolute Return (6Y) |
Union Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 19.14% |
Franklin India Flexi Cap Fund - Growth | EQUITY | Very High | 19.02% |
Edelweiss Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 17.21% |
HSBC Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 16.35% |
Aditya Birla Sun Life Flexi Cap Fund - Growth | EQUITY | Very High | 16.12% |
Kotak Flexicap Fund - Growth | EQUITY | Very High | 15.67% |
SBI Flexicap Fund - Regular Plan - Growth | EQUITY | Very High | 15.22% |
Axis Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 14.99% |
Taurus Flexi Cap Fund - Regular Plan - Growth | EQUITY | Very High | 13.37% |
IDBI Flexi Cap Fund - Growth | EQUITY | Very High | 11.94% |
Fund Managers
Mr. Rajeev ThakkarFund Manager
Rajeev Thakkar's has over 18 years' experience in various segments of the financial markets such as investment banking, corporate finance, securities broking and fund management.His fund management career commenced in 2003 when he was appointed the Fund Manager for PPFAS Portfolio Management Service's flagship scheme titled "Cognito".
Mr. Rukun TarachandaniFund Manager
Mr. Raunak OnkarHead - Research
Mr. Raunak Onkar heads the Research department.His prior assignments include being a Research Analyst at PPFAS Limited. He started his career at PPFAS as part of his internship during MBA. He holds an MMS (Finance) degree from the University of Mumbai.
Mr. Raj MehtaFund Manager
Get your latest Credit Score, FREE
Compare with similar Funds
Parag Parikh Flexi Cap Fund - Growth - Direct Plan
Parag Parikh Flexi Cap Fund - Growth - Direct Plan
Parag Parikh Flexi Cap Fund - Growth - Direct Plan
Parag Parikh Flexi Cap Fund - Growth - Direct Plan
Parag Parikh Flexi Cap Fund – Growth – Direct Plan is a large-cap mutual fund scheme that invests predominantly in equity and equity-related instruments of large-cap companies. The fund aims to generate long-term wealth increments by following a disciplined investment approach and maintaining a varied index. The fund is ideal for investors looking for high returns over at least 3-4 years and willing to take very high risks.
Parag Parikh Flexi Cap Fund Direct-Growth scheme return performance in last 1 year is 20.25%, in last 3 years is 122.82% and 483.21% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
Taxation
The fund is subject to a long-term capital gain tax of 10% if the funds are sold after one year from the investment date. The tax rate is applicable only if the total long-term capital gain exceeds INR 1 lakh in a financial year. Short-term capital gain tax is applicable at 15% if they are sold within one year from the investment date.
Holdings
The fund has 68.09% investment in domestic equities, of which 56.58% is in large-cap stocks, and 3.22% is in mid-cap stocks. The fund also has a 0.49% investment in debt instruments, of which 14.27% is in government securities. The top 10 holdings of the fund as of February 28, 2023, are:
- Housing Development Finance Coproration Ltd. – 7.95%
- ITC Limited – 7.68%
- Bajaj Holdings and Investments Ltd. – 8.38%
- ICICI Bank Ltd. – 5.93%
- Microsoft Corp – 5.36%
- Axis Bank Ltd. – 4.99%
- HCL Technologies Ltd. – 4.88%
- Alphabet Inc – 4.82%
- Powergrid Corporation of India Ltd. – 4.50%
- Coal India Ltd. – 4.40%
Investment Objective
The primary aim of Parag Parikh Flexi Cap Fund – Growth – Direct Plan is to generate long-term capital growth by investing in a diversified portfolio primarily made up of equity and equity-related securities of large-cap companies, including derivatives. Nevertheless, the fund is not guaranteed to achieve its investment objective.
Minimum Investment and lockin period
The minimum investment amount for Parag Parikh Flexi Cap Fund – Growth – Direct Plan is INR 500 for both lump sum and systematic investment plan (SIP) modes. The minimum additional investment amount is INR 100. The minimum withdrawal amount is INR 1,000. The scheme does not have any lock-in period. However, an exit load of 1% is applicable if the units are redeemed or switched out within one year from the date of allotment.
AMC Information
In order to assist its investors in achieving their long-term financial goals through careful fund management, PPFAS Mutual Fund was founded in 2012. The fund house has produced a sizable number of investor folios thanks to an excellent combination of clever product offers, an easy investing process, and effective communication. It provides mutual fund plans in the categories of equity, debt, and tax reduction. The fund company is committed to creating value for its investors by adhering to the principles of value investing and maintaining relatively extended holding periods.
FAQs
How do I invest in a Parag Parikh Flexi Cap Fund - Growth - Direct Plan?
You can invest in the Parag Parikh Flexi Cap Fund – Growth – Direct Plan through any AMFI distributor, AMC, bank, or third-party platform.
Is Parag Parikh Flexi Cap Fund - Growth - Direct Plan a risky investment?
Parag Parikh Flexi Cap Fund – Growth – Direct Plan is a very high-risk fund. The fund invests most of its money in the financial, technology, services, automobile, and energy sectors. Its ability to deliver returns consistently is lower than most funds in its category. Its ability to control losses in a falling market is low. However, it has given 11.50% average annual returns since its launch.
What are the top sectors Parag Parikh Flexi Cap Fund - Growth - Direct Plan has invested in?
Most of the fund’s money is invested in the financial, technology, services, automobile, and energy sectors.
How to Redeem Parag Parikh Flexi Cap Fund - Growth - Direct Plan?
You can redeem your Parag Parikh Flexi Cap Fund – Growth – Direct Plan by visiting the nearest Parag Parikh branch or logging into your account on the Parag Parikh official website. You can also redeem your investment through any of the official online platforms of Parag Parikh Mutual Fund.
Most Popular on Urban Money
Scheme Other Funds
Most Trusted AMC
- Baroda BNP Paribas Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- Canara Robeco Mutual Fund
- L&T Mutual Fund
- DSP Mutual Fund
- Quant Mutual Fund
- Franklin Templeton Mutual Fund
- HDFC Mutual Fund
- HSBC Mutual Fund
- ICICI Prudential Mutual Fund
- JM Financial Mutual Fund
- Kotak Mahindra Mutual Fund
- LIC Mutual Fund
- Invesco Mutual Fund
- Quantum Mutual Fund
- Nippon India Mutual Fund
- SBI Mutual Fund
- Bandhan Mutual Fund
- Sundaram Mutual Fund
- Tata Mutual Fund
- Taurus Mutual Fund
- UTI Mutual Fund
- Mirae Asset Mutual Fund
- Bank of India Mutual Fund
- Edelweiss Mutual Fund
- Axis Mutual Fund
- Navi Mutual Fund
- Motilal Oswal Mutual Fund
- IDBI Mutual Fund
- PGIM India Mutual Fund
- Union Mutual Fund
- 360 ONE Mutual Fund
- Groww Mutual Fund
- IL&FS Mutual Fund (IDF)
- Shriram Mutual Fund
- IIFCL Mutual Fund
- Mahindra Manulife Mutual Fund
- WhiteOak Capital Mutual Fund
- ITI Mutual Fund
- Trust Mutual Fund
- NJ Mutual Fund
- Samco Mutual Fund
- Bajaj Finserv Mutual Fund
- Helios Mutual Fund
- Zerodha Mutual Fund
- Old Bridge Mutual Fund
Mutual Funds Calculator
Best Equity Mutual Funds
- SBI Small Cap Fund - Growth - Direct Plan
- Axis Small Cap Fund - Growth - Direct Plan
- HDFC Small Cap Fund - Growth - Direct Plan
- Nippon India Small Cap Fund - Growth - Direct Plan
- UTI Mid Cap Fund - Growth - Direct Plan
- ICICI Prudential Infrastructure Fund - Growth - Direct Plan
- Tata Small Cap Fund - Growth - Direct Plan
- Canara Robeco Infrastructure Fund - Growth - Direct Plan
- DSP Small Cap Fund - Growth - Direct Plan
- Mirae Asset Healthcare Fund - Growth - Direct Plan
- Sundaram Small Cap Fund - Growth - Direct Plan (Adjusted)
- Franklin Build India Fund - Growth - Direct Plan
- L&T India Large Cap Fund - Growth - Direct Plan
- Motilal Oswal Midcap Fund - Growth - Direct Plan
Mutual Funds Guide
Get in-depth knowledge about all things related to Mutual Funds and your finances
International Mutual Funds
\International mutual funds are hidden gems in investment. These ideally allow you to invest in different countries, empowering you to diversify the portfolio across various economies, currencies, and sectors. Internatio
10 Best SIP Plans for Rs. 1000
The need for disciplined and strategic investment is becoming increasingly apparent as the financial industry develops and changes. Investing in your future has never been easier or more accessible than with the 10 best
How to Invest in SIP
Mutual funds are the new piggy banks. Everyone looking to multiply their wealth via mutual funds ponders over one perennial question – how to invest in a SIP? While it might sound very complex and tedious, it actua
Best Investment Plan for 1 Year
For those seeking relatively quick returns or managing financial goals within a limited timeframe, mutual funds could make a substantial difference. Mutual funds, essentially pools of money managed by professionals, pro
How to stop a Mutual Fund SIP?
Investing in mutual funds through a Systematic Investment Plan (SIP) is a widely embraced strategy for those looking to gradually build wealth with disciplined and consistent contributions. However, life’s uncertai
Withdrawing from Mutual Funds
When it comes to managing your investments, mutual funds are a popular choice for those looking to expand their portfolio and earn steady returns. However, there may come a time when you need to withdraw money from your
Flexi Cap Fund
Are you tired of the same old mutual funds that limit your investment options and returns? Do you want to explore the full potential of the stock market and invest in the best companies across all sizes and sectors? If y
STCG Tax on Mutual Fund
As an investor in mutual funds, you may be aware of the various benefits they offer, such as diversification, professional management, and liquidity. But do you also know about the tax implications of your mutual fund in
Conservative Hybrid Funds
A conservative hybrid fund is known as a low-risk investment option. The name gives you a fair idea of a conservative hybrid fund’s associated risk, offering a unique combination of safety, stability, and potential
Fund of Funds (FOFs)
Are you looking for a way to diversify your investments and access a variety of funds with different strategies and asset classes? If yes, then you might want to consider Fund of Funds (FOFs) as an option. FOFs are mutua
Expense Ratios: Calculations, Components, and Investment Impact
The expense ratio is one of the most critical yet often overlooked aspects of investing in mutual funds and ETFs. Whether you’re a seasoned investor or just starting to dip your toes into finance, understanding thi
Total Expense Ratio (TER)
The Total Expense Ratio (TER) is a significant indicator of the expenses associated with overseeing and running an investment fund, like a mutual fund or Exchange-Traded Fund (ETF). Calculated as a percentage of the fund
Indexation in Mutual Funds
‘Indexation’ is a pivotal term for investors during decision-making. It is also considered vital to reduce tax liabilities associated with investments, especially in debt mutual funds. Although calculating In
Yield to Maturity
Yield to Maturity (YTM) stands out as a pivotal concept among investors. It’s a term that often bounces around in financial discussions, yet its understanding remains elusive to many. Whether you’re a novice
What is Arbitrage Fund
Arbitrage funds are a type of investment strategy. I.e., the funds generate income by simultaneously buying and selling securities in various markets for different prices. As exploiting the price differences between the