3 Year return

21.76%
Launched on May 2013 (11 years)

Investment Details

₹1000

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹66383.82 Cr.

Expense Ratio

0.62% (inclusive of GST)

Exit Load

In respect of each purchase / switch-in of Units, 10% of the units (the limit) may be redeemed without any exit load from the date of allotment.2.00% If redeemed/switched out within 365 days from the date of allotment.1.00% If redeemed/switched out after 365 days but within 730 days from the date of allotment.Nil if redeemed/switched out after 730 days from the date of allotment.

Ratings

ARQ Rating
3.5

Ratings by other agencies

5
0
5

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

PPFAS Mutual Fund Managers

RT

Rajeev Thakkar

Fund Manager since Feb 2024

View Details

Fund House Details

PPFAS Mutual Fund

PPFAS Mutual Fund Asset management company

AUM ₹64,295.80 Cr.
No. of Schemes 12
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by PPFAS Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Parag Parikh Flexi Cap Fund Direct Plan Growth

The Parag Parikh Flexi Cap Fund - Direct Plan is an Open-ended Flexi Cap Equity scheme offered by PPFAS Mutual Fund House. This fund follows a multi-cap equity approach, with a predominant focus on Indian stocks, particularly in the large-cap segment. However, the fund maintains the flexibility to invest across different market capitalisations, industries, and sectors. One notable feature of this fund is its lower net expense ratio compared to the category average. The lower expenses enable investors to retain a higher portion of their returns, enhancing the overall potential for long-term growth.

Investment Objective of the Scheme

The investment objective of the Parag Parikh Flexi Cap Fund Direct Plan Growth scheme is to generate long-term capital growth by maintaining an actively managed portfolio mainly composed of equity and equity-related securities. The fund employs a distinctive investment approach designed to reduce portfolio volatility and risk while also providing flexibility for investments to rotate in and out of the portfolio. This strategy aims to offer investors the potential for sustained growth and optimised returns over the long run.

Key Features of The Fund

5-year return 25.13%
Expense Ratio 0.62%
Fund Manager Rajeev Thakkar
Fund Size ₹66383.82 Cr
Risk Profile Very High

Is This Scheme Right for Me?

Determining if the Parag Parikh Long Term Equity Fund Direct Plan is suitable for you depends on your individual investment preferences and financial goals. This fund carries a moderately-high risk profile, making it more suitable for investors with a longer investment horizon of over 3 to 5 years.

AMC Contact Details

Name PPFAS Mutual Fund
Launch Date 1983
Addresss 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai - 400 021
Contact 1800266779091 22 6140 6555
Email mf@ppfas.com
Website https://amc.ppfas.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Reach Your Goals Faster with SIP

Many investors choose Systematic Investment Plans (SIPs) to invest in mutual funds. SIPs allow for disciplined investing by setting up a fixed amount to be invested regularly. This approach helps average out the cost per unit over time and reduces the impact of market volatility. To plan your SIP investment and estimate potential returns, try Angel One's free SIP investment calculator.

FAQs

What is today's NAV of Parag Parikh Flexi Cap Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Parag Parikh Flexi Cap Fund Jun 11 2024 is 80.2586

What is the AUM of Parag Parikh Flexi Cap Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Parag Parikh Flexi Cap Fund is 66383.82 crore.

What is the expense ratio of Parag Parikh Flexi Cap Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Parag Parikh Flexi Cap Fund is 0.62%

What are the returns of Parag Parikh Flexi Cap Fund since inception?

The Parag Parikh Flexi Cap Fund was launched on May 13 2013. The fund has delivered a CAGR of 20.75 since inception.

What is the minimum SIP amount to invest in Parag Parikh Flexi Cap Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Parag Parikh Flexi Cap Fund is 1000.

How do I invest in Parag Parikh Flexi Cap Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Parag Parikh Flexi Cap Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Parag Parikh Flexi Cap Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Parag Parikh Flexi Cap Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.