Parag Parikh Flexi Cap Fund

Q: What are the returns of this mutual fund scheme?

The Parag Parikh Flexi Cap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 18.81% since inception. Parag Parikh Flexi Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.2% 20.58% 20.45% 17.35% 18.81%

Q: How much does this mutual fund charge as expense ratio?

The Parag Parikh Flexi Cap Fund has an expense ratio of 1.28% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹86.9103+0.1% 1 day change	18.81% p.a.	App exclusive #NA View Ranked Funds	₹1,25,800 Cr

Historical NAV & returns

NAV: ₹86.9103 as on Dec 04, 2025

This fund Category average

Parag Parikh Flexi Cap Fund overview

AUM (Fund size)	₹1,25,800 Cr
Exit load	2.0% For units above 10% of the investment, exit load of 2% if redeemed within 365 days and 1% if redeemed after 365 days but on or before 730 days.!
Lock-in Period	Nil
Age	12 yrs 6 m since May 13, 2013
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Expense ratio	1.28% as on Nov 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Parag Parikh Flexi Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Dec 05, 2025

Period	This fund	Category average
1 Month	0.26%	0.82%
3 Months	2.63%	2.25%
6 Months	5.56%	3.55%
1 Year	7.2%	0.34%
2 Years	17.25%	13.22%
3 Years	20.58%	15.18%
4 Years	14.48%	12.98%
5 Years	20.45%	16.14%
7 Years	20.51%	14.2%
10 Years	17.35%	12.56%

View returns in detail

Asset allocationas on Oct 31, 2025

Large Cap 69.55%

Mid Cap 1.79%

Small Cap 2.67%

Other Cap 0%

Top holdings

HDFC Bank Ltd.8.02%

Power Grid Corporation Of India Ltd.6.0%

Bajaj Holdings & Investment Ltd.5.2%

Coal India Ltd.5.01%

Top sectors

Financial 26.409999999999993%

Services 10.669999999999998%

Automobile 7.79%

Energy 6.89%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 10.25%

HDFC Bank Ltd. 1.24%

Axis Bank Ltd. 1.14%

Bank Of Baroda 1.12%

Allocation by Instruments

Foreign - Equity 11.50609541%

Certificate of Deposit 10.25488189%

CBLO 10.24575468%

Cash Margin 3.43014254%

Other Holdings

Others 3.43%

Embassy Office Parks REIT 0.49%

Parag Parikh Liquid Fund Direct - Growth 0.41%

Brookfield India Real Estate Trust REIT 0.12%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Parag Parikh Flexi Cap Fund	0.26%	5.56%	7.2%	20.58%	20.45%	17.35%
HDFC Flexi Cap Fund	0.01%	7.26%	9.08%	20.54%	25.16%	16.58%
JM Flexicap Fund	-1.24%	2.54%	-6.6%	19.67%	21.48%	16.98%
Franklin India Flexi Cap Fund	-0.38%	3.5%	2.03%	16.84%	20.58%	14.4%
Bank of India Flexi Cap Fund	-2.35%	4.49%	-2.83%	19.84%	22.08%	13.43%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Parag Parikh Flexi Cap Fund	8.41	0.57	1.58	2.28
HDFC Flexi Cap Fund	10.52	0.78	1.26	2.21
JM Flexicap Fund	14.64	1.01	0.92	1.27
Franklin India Flexi Cap Fund	12.37	0.93	0.85	1.25
Bank of India Flexi Cap Fund	17.11	1.17	0.81	1.21

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Parag Parikh Flexi Cap Fund	N.A.	1,25,800 Cr	12 yrs 6 m	1.28%
HDFC Flexi Cap Fund	N.A.	91,041 Cr	31 yrs	1.35%
JM Flexicap Fund	N.A.	6,080 Cr	17 yrs 4 m	1.79%
Franklin India Flexi Cap Fund	N.A.	19,796 Cr	31 yrs 2 m	1.69%
Bank of India Flexi Cap Fund	N.A.	2,261 Cr	5 yrs 6 m	1.98%

View all Flexi Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	8.23 vs. 4.04 Higher outperformance against benchmark
Sharpe	1.58 vs. 5.03 Poor risk-adjusted returns
Beta	0.57 vs. 0.72 Less sensitive to market ups & downs
Standard deviation	8.41 vs. 9.99 More stable returns

Compare Parag Parikh Flexi Cap Fund in detail with

About this fund

About Parag Parikh Flexi Cap Fund

Parag Parikh Flexi Cap Fund is a Flexi Cap mutual fund scheme from Ppfas Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 13/05/2013. Parag Parikh Flexi Cap Fund has ₹1,25,800 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Parag Parikh Flexi Cap Fund as of 04/12/2025 is ₹86.91. The fund has an expense ratio of 1.28%, which is higher than what most other Flexi Cap funds charge.

Parag Parikh Flexi Cap Fund returns of last 1-year are 7.36%. Since launch, it has delivered 18.82% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Parag Parikh Flexi Cap Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund has the majority of its money invested in Financial, Services, Automobile, Energy, Technology sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., Power Grid Corporation Of India Ltd., Bajaj Holdings & Investment Ltd., Coal India Ltd., ITC Ltd..

...

Fund AUM	1,25,800 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

Raj Mehta

Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder. Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.

Rajeev Thakkar

Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP. He has been associated with PPFAS AMC since 2013.

Rukun Tarachandani

Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF. Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.

Mansi Kariya

Ms. Karia has done B.Com, MS Finance and CFA Prior to joining PPFAS AMC, she has worked with Insync and Zacks Investment Research

Tejas Soman

Mr. Soman has done B.Com from University of Mumbai and Post Graduate Program in Securities Markets - From ?NISM? Prior to joining PPFAS Mutual Fund, he was associated with SBI MF, Yes Bank Limited, STCI Primary Dealership and PricewaterhouseCoopers

Aishwarya Dhar

MBA - Finance Prior to joining the PPFAS MF, she was associated with TATA AIA Life Insurance Co. Ltd, ManipalCigna Health Insurance Co. Ltd,

Investment objective

The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments.

PPFAS Mutual Fund details

No. of schemes	6 view all schemes
Total AUM	1,32,181 Cr as on Sep 30, 2025
Address	702-705, 7th Floor, 349 Business Point Commercial Premises Co-op. Society Ltd., Western Express Highway, Andheri (East), Mumbai, 400069
Email	mf@ppfas.com
Phone	022 6906 6100, 91 22 6140 6555

More funds from PPFAS Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Parag Parikh ELSS Tax Saver Fund	N.A.	5,791 Cr	4.1%	19.16%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Parag Parikh Flexi Cap Fund?

The current Net Asset Value (NAV) of the Parag Parikh Flexi Cap Fund plan is approximately ₹86.9103 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The Parag Parikh Flexi Cap Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 18.81% since inception.

Parag Parikh Flexi Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.2%	20.58%	20.45%	17.35%	18.81%

How much does this mutual fund charge as expense ratio?

The Parag Parikh Flexi Cap Fund has an expense ratio of 1.28%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Parag Parikh Flexi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 1,25,800 Cr as on Oct 31, 2025.

What are the top stock holdings of Parag Parikh Flexi Cap Fund?

The Parag Parikh Flexi Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	8.02%
Power Grid Corporation Of India Ltd.	6.0%
Bajaj Holdings & Investment Ltd.	5.2%
Coal India Ltd.	5.01%
ITC Ltd.	4.64%
ICICI Bank Ltd.	4.63%
Kotak Mahindra Bank Ltd.	4.04%
Alphabet Inc Class A	3.75%
Maruti Suzuki India Ltd.	3.47%
Bharti Airtel Ltd.	3.46%

What are the top sectors Parag Parikh Flexi Cap Fund has invested in?

The Parag Parikh Flexi Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	26.409999999999993%
Services	10.669999999999998%
Automobile	7.79%
Energy	6.89%
Technology	6.17%
Consumer Staples	6.069999999999999%
Materials	5.04%
Healthcare	4.09%
Communication	3.52%
Metals & Mining	0.32999999999999996%

What is risk level of Parag Parikh Flexi Cap Fund?

This is a Flexi Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Parag Parikh Flexi Cap Fund?

Redeeming your investments in the Parag Parikh Flexi Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Flexi Cap

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Flexi Cap funds in the last 10 Years.
Chance: This fund has generated a 16.35% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: For units above 10% of the investment, exit load of 2% if redeemed within 365 days and 1% if redeemed after 365 days but on or before 730 days.