The Parag Parikh Flexi Cap Fund, managed by PPFAS Mutual Fund, has reached a significant landmark by becoming India’s first actively managed equity mutual fund scheme to surpass ₹1 lakh crore in Assets Under Management (AUM). This achievement was officially shared by Neil Parikh, Chairman and CEO of PPFAS, through a post on the social media platform X.
Neil Parikh expressed deep gratitude towards the entire PPFAS team, distribution partners, and investors who have shown a long-term commitment to the fund. He acknowledged that it is the collective trust and effort of all stakeholders that have enabled the fund to achieve this unprecedented scale.
Previously known as the Parag Parikh Long Term Equity Fund, the scheme is an open-ended dynamic equity fund that invests across large-cap, mid-cap, and small-cap segments. This flexible investment approach allows the fund manager to adapt to changing market dynamics and pursue opportunities across the market spectrum.
The fund is often regarded for its long-term orientation, value-conscious investing style, and a relatively concentrated portfolio, which sets it apart from many peers.
The fund is designed to be accessible to a wide base of investors. The minimum lump-sum investment and monthly SIP amount are both set at just ₹1,000, making it suitable even for first-time investors. This ease of access, coupled with consistent returns, has contributed to growing investor participation over time.
Read More: Parag Parikh Flexi Cap Fund to Revise Total Expense Ratio from April 1, 2025.
According to performance data shared on the fund house website:
These returns have translated into substantial wealth creation for disciplined investors. A monthly SIP of ₹10,000 since the fund’s inception would have grown to:
As of May 6, 2025, the scheme under the regular plan has delivered a return of 12.11% over the past 1 year, with a 3-year CAGR of 20.46% and a 5-year CAGR of 28.05%, respectively.
As per the latest factsheet dated March 31, 2025, the fund had an AUM of ₹93,440.89 crore. The surge past ₹1 lakh crore shortly after reflects continued investor confidence, consistent inflows, and the growing preference for flexi cap strategies in the Indian equity market.
While AUM is not a direct indicator of performance, the crossing of ₹1 lakh crore by an actively managed scheme marks a moment of evolution for the Indian mutual fund industry. It signals growing retail participation, the power of long-term investing, and confidence in professional fund management.
This milestone also illustrates the shift in investor mindset—from short-term gains to long-term wealth creation, reinforcing the role of disciplined investing in building a substantial corpus over time.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 8, 2025, 3:47 PM IST
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