Parag Parikh Flexi Cap Fund Regular Plan Growth

About Parag Parikh Flexi Cap Fund – Regular Plan | Growth

Parag Parikh Flexi Cap Fund – Regular Plan | Growth is a mutual fund that invests in a diversified portfolio of equity and equity-related instruments across market capitalisations.

The fund aims to generate long-term capital appreciation by investing in a mix of large-cap, mid-cap, and small-cap stocks. The fund is managed by Parag Parikh, who has over 20 years of experience in the investment industry.

The fund has a track record of generating good returns over the long term. For example, the fund has delivered an average annual return of 19.18% since its inception.

Key parameters of Parag Parikh Flexi Cap Fund – Regular Plan| Growth

The key parameters of Parag Parikh Flexi Cap Fund – Regular Plan| Growth are as follows:

• Fund type: Equity
• Investment objective: To generate long-term capital appreciation by investing in a mix of large-cap, mid-cap, and small-cap stocks
• Fund manager: Parag Parikh
• Fund size: ₹33,616 crore (as of March 31, 2023)
• Expense ratio: 0.72%
• Return: 19.18% (since inception)

Taxation on Parag Parikh Flexi Cap Fund – Regular Plan| Growth

Short-term capital gains: If you sell units of the fund within one year of purchase, you will be liable to pay short-term capital gains tax. The tax rate for short-term capital gains is 15%.

Long-term capital gains: If you sell units of the fund after one year of purchase, you will be liable to pay long-term capital gains tax. The tax rate for long-term capital gains is 10% if your total long-term capital gain exceeds ₹1 lakh. Any cess/surcharge is not included in the 10%.

Holdings of Parag Parikh Flexi Cap Fund – Regular Plan| Growth

As of March 31, 2023, the top 10 holdings of Parag Parikh Flexi Cap Fund – Regular Plan| Growth were:

• Housing Development Finance Corporation Ltd. (12.51%)
• ITC Ltd. (8.15%)
• Bajaj Holdings & Investment Ltd. (5.99%)
• ICICI Bank Ltd. (5.43%)
• Microsoft Corporation (US) (5.03%)
• Infosys Ltd. (4.89%)
• Reliance Industries Ltd. (4.72%)
• Tata Consultancy Services Ltd. (4.52%)
• State Bank of India (4.37%)
• Hindustan Unilever Ltd. (4.29%)

Returns on Parag Parikh Flexi Cap Fund – Regular Plan| Growth

As of March 31, 2023, Parag Parikh Flexi Cap Fund – Regular Plan| Growth has generated an average annual return of 19.18% since inception. However, it is important to note that past performance does not guarantee future returns.

Investment Objective of Parag Parikh Flexi Cap Fund – Regular Plan| Growth

The investment objective of the Parag Parikh Flexi Cap Fund – Regular Plan| Growth is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and Equity Related Securities. The Scheme shall be investing in Indian equities, foreign equities and related instruments and debt securities.

Minimum Investment and Lock-In Period of Parag Parikh Flexi Cap Fund – Regular Plan| Growth

The minimum investment in the Parag Parikh Flexi Cap Fund – Regular Plan| Growth is Rs. 1,000. There is no lock-in period for the fund. This means you can redeem your units at any time without any penalty.

However, there is an exit load of 2% if you redeem your units within 365 days of the investment date. This exit load reduces to 1% if you redeem your units after 365 days but on or before 730 days.

About Parag Parikh AMC

Parag Parikh Asset Management (PPAM) is an Indian asset management company offering investors a range of mutual fund products. The company was founded in 2012 by Mr Parag Parikh, a renowned investor and financial advisor. PPAM aims to provide investment solutions based on the principles of long-term value investing and global diversification.

One of the flagship funds offered by PPAM is the Parag Parikh Flexi Cap Fund, which follows a flexible approach to investing across market capitalisations and sectors. The fund focuses on identifying undervalued stocks with the potential for long-term growth. It aims to generate superior returns by investing in a diversified portfolio of Indian and international equities.