Parag Parikh Flexi Cap Direct Growth
Equity
Direct
Very High Risk
Flexi Cap
NAV: ₹ 52.7 as on 17-08-2022
INDmoney Rank
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1
/19
78% Performance
62% Risk Management
73% Cost
1 out of 19 among flexi cap
Pros
Consistently beats benchmark
Lower probablity of downside risk
Protects capital during bear phase
Cons
No bad points found for this fund.
About the Fund
Parag Parikh Flexi Cap Direct Growth is an equity fund. This fund was started on 24 May, 2013. The fund is managed by Raj Mehta, Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani. The fund could potentially beat inflation in the long-run.
Key parameters
1) Parag Parikh Flexi Cap Direct Growth has a NAV of ₹52.7112 as on 17-08-2022.
2) Parag Parikh Flexi Cap Direct Growth has ₹24595 Cr worth of assets under management (AUM) as on 30-06-2022 and is more than category average.
3) The fund has an expense ratio 0.77 %.
Fund Overview
Expense ratio | 0.77% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹24595 Cr |
Inception Date | 24 May, 2013 |
Min Lumpsum/SIP | ₹1000/₹1000 |
Exit Load | 2% |
Lock In | No Lock-in |
TurnOver | 18.82% |
Fund Distribution
Size breakup
Large cap
77.9%
Mid cap
6.5%
Small cap
6.2%
Sector Allocation
| Financial Services | 39.6% |
| Tech | 13.8% |
| Consumer Cyclical | 13.5% |
| Communication | 12.1% |
| Consumer Defensive | 9.9% |
| Utilities | 5.5% |
| Health | 5.4% |
| Energy | 0.2% |
Top Holdings
Total Holdings26
Equity Holdings20
Debt Holdings6
Holdings | Weight% | No. of Shares (4M) | 1M Change |
|---|---|---|---|
Housing Development Finance Corp Ltd | 8.1% | 12% | |
Bajaj Holdings and Investment Ltd | 7.7% | 0.9% | |
ITC Ltd | 7.5% | -19% | |
Alphabet Inc Class A | 6.6% | 0.1% | |
Microsoft Corp | 6.4% | 0.1% |
See all
What changed
in last one month
AUM increased by 2.3K Cr in last 1M
Jul'22 return underperformed benchmark
Change in AUM
Jul'22
₹ 24.6K Cr
Jun'22
₹ 22.3K Cr
May'22
₹ 22.6K Cr
Fund Returns vs Benchmark
Jul'22
6.73%
9.49%
Jun'22
-5.51%
-4.94%
Fund Return
Benchmark Return
Concentration Analysis
Fund | Jun'22 | May'22 | Apr'22 |
|---|---|---|---|
No of Holdings | 33 | 33 | 32 |
Top 5 Company Concentration | 37.5% | 36.6% | 38.1% |
Company having highest exposure | ITC Ltd (9.2%) | ITC Ltd (9%) | ITC Ltd (8.9%) |
No of Sectors | 9 | 9 | 8 |
Top 5 Sectors Concentration | 78.7% | 81.1% | 82.4% |
Sector having highest exposure | Financial Services (35%) | Financial Services (35.7%) | Financial Services (36.2%) |
Winners & Losers
Top Growth Drivers | 1M Return |
|---|---|
ICICI Bank Ltd | 16.3% |
Coal India Ltd | 15.3% |
Bajaj Holdings & Investment Ltd | 13.9% |
Top Losers | 1M Return |
|---|---|
Dr Reddys Laboratories Ltd | -6.7% |
Zydus Lifesciences Ltd | -4% |
HCL Technologies Ltd | -2.8% |
Fund Manager
Raj Mehta
Managing this fund since 27 January 2016
6
Years of Experience
Top funds managed
Scheme | Annualised Returns(3Y) | Category Returns(3Y) |
|---|---|---|
Parag Parikh Tax Saver Fund Direct Growth | 26.01% | 19.45% |
Parag Parikh Flexi Cap Direct Growth | 27.86% | 19.28% |
Parag Parikh Liquid Fund Direct Growth | 3.79% | 3.22% |
Rajeev Thakkar
Managing this fund since 24 May 2013
25
Years of Experience
Top funds managed
Scheme | Annualised Returns(3Y) | Category Returns(3Y) |
|---|---|---|
Parag Parikh Tax Saver Fund Direct Growth | 26.01% | 19.45% |
Parag Parikh Flexi Cap Direct Growth | 27.86% | 19.28% |
Raunak Onkar
Managing this fund since 24 May 2013
10
Years of Experience
Top funds managed
Scheme | Annualised Returns(3Y) | Category Returns(3Y) |
|---|---|---|
Parag Parikh Tax Saver Fund Direct Growth | 26.01% | 19.45% |
Parag Parikh Flexi Cap Direct Growth | 27.86% | 19.28% |
Rukun Tarachandani
Managing this fund since 16 May 2022
0
Years of Experience
Top funds managed
Scheme | Annualised Returns(3Y) | Category Returns(3Y) |
|---|---|---|
Parag Parikh Tax Saver Fund Direct Growth | 26.01% | 19.45% |
Parag Parikh Flexi Cap Direct Growth | 27.86% | 19.28% |
AMC details
Address
PPFAS Asset Management Pvt. Ltd.,Great Western Building, 1st Floor,,130/132, S.B.S. Marg, Opp. Lion Gate,,Fort,
Email
Phone
+912261406555
Fund House
PPFAS Asset Management Pvt. Ltd
Fund Highlights
About the fund
This fund has delivered an average annual returns of 19.73% since inception which is more than its category average return of 12.93%
Fund Allocations
This fund has an allocation of 90.6% in Equity, 0% in Debt and 9.4% in Cash related instruments
AUM size ₹24595 Cr
This fund has AUM of ₹24595 Cr which is more than its category average of ₹ 5992 Cr
Expense Ratio 0.77%
This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.53%
Very High Risk
Investors understand that their principal will be at Very High Risk
Frequently Asked Questions