Parag Parikh Flexi Cap Fund - Regular Plan - Growth
Beginner-friendly💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 97% of historical 3-year rolling periods.
- Strong capital defense: downside capture of 46% limits losses during market corrections.
- Generated +2.4% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 1.29% is lower than category median (2.17%).
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +6.64% | +6.72% | -0.08% |
| 3 Months | +2.80% | +0.95% | +1.85% |
| 6 Months | +4.14% | +7.48% | -3.34% |
| 1 Year | +0.12% | +3.87% | -3.75% |
| 3 Years CAGR | +12.72% | +12.91% | -0.19% |
| 5 Years CAGR | +10.94% | +9.13% | +1.81% |
| 7 Years CAGR | +18.44% | +13.79% | +4.65% |
| 10 Years CAGR | +16.77% | +13.48% | +3.29% |
| Since Inception | +17.38% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Parag Parikh Flexi Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -0.83% | +3.55% | -4.38% |
| 2025 | +7.84% | +3.91% | +3.93% |
| 2024 | +23.92% | +18.52% | +5.40% |
| 2023 | +36.57% | +28.78% | +7.79% |
| 2022 | -7.23% | -1.11% | -6.12% |
| 2021 | +45.51% | +32.43% | +13.08% |
| 2020 | +32.29% | +14.34% | +17.95% |
| 2019 | +14.43% | +10.28% | +4.15% |
| 2018 | -0.43% | -7.49% | +7.06% |
| 2017 | +29.36% | +37.90% | -8.54% |
| 2016 | +3.28% | +4.05% | -0.77% |
| 2015 | +8.94% | +1.06% | +7.88% |
| 2014 | +44.82% | +54.77% | -9.95% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -21.40% | +19.17% | +16.38% | +98.14% | 87.4% | 66.6% |
| 3-Year Rolling | 0.00% | +18.14% | +18.11% | +36.56% | 100.0% | 96.7% |
| 5-Year Rolling | +3.49% | +18.13% | +17.86% | +32.78% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-02-13 | 2020-03-24 | -31.3% | 1 months | 3 months |
| 2021-10-19 | 2022-06-17 | -18.4% | 8 months | 11 months |
| 2015-11-30 | 2016-02-12 | -12.6% | 2 months | 5 months |
Portfolio & Asset Allocation
Filing Date: 2026-09-30Top 10 Security Holdings
| # | Company / Security | NSE Symbol | Asset Class | Weight (%) | Value (Cr) |
|---|---|---|---|---|---|
| 1 |
HDFC BANK LIMITED EQ NEW FV RE. 1/-
HDFCBANK
|
HDFCBANK | Equity |
7.75%
|
₹11,249.1 Cr |
| 2 |
POWER GRID CORPORATION OF INDIA LIMITED EQ
POWERGRID
|
POWERGRID | Equity |
5.6%
|
₹8,128.2 Cr |
| 3 |
ITC LIMITED EQ NEW FV RE.1/-
ITC
|
ITC | Equity |
5.49%
|
₹7,970.3 Cr |
| 4 |
COAL INDIA LTD EQ
COALINDIA
|
COALINDIA | Equity |
5.39%
|
₹7,822.5 Cr |
| 5 |
ICICI BANK LIMITED EQ NEW FV RS. 2/-
ICICIBANK
|
ICICIBANK | Equity |
5.24%
|
₹7,602.1 Cr |
| 6 |
BAJAJ HOLDINGS & INVESTMENT LIMITED. EQ
BAJAJHLDNG
|
BAJAJHLDNG | Equity |
4.96%
|
₹7,189.7 Cr |
| 7 |
KOTAK MAHINDRA BANK LIMITED EQ NEW FV RE.1/-
KOTAKBANK
|
KOTAKBANK | Equity |
4.44%
|
₹6,447.4 Cr |
| 8 |
Alphabet Inc
|
- | Foreign stocks |
4.29%
|
₹6,230.6 Cr |
| 9 |
TREPS
|
- | Cash |
4.09%
|
₹5,930.2 Cr |
| 10 |
HCL TECHNOLOGIES LIMITED EQ F.V. RS.2/-
HCLTECH
|
HCLTECH | Equity |
3.96%
|
₹5,739.6 Cr |
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity related instruments | 65%-100% Money Market Instruments and Other liquid instruments, Gold and Silver ETFs and Units issued by InvITs : 0%-35% ,Foreign Equity and equity related instruments including Overseas Mutual Funds/ Overseas ETFs : 0%-35% “For detailed asset allocation, please refer to the Scheme Information Document (SID) available on the website.” |
Investment Objective & Strategy
The investment objective of the Scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities, foreign equities and related instruments and debt securities.
Fund Size Position
Currently managing Rs 156,540 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as strained relative to Flexi Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Flexi Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| HSBC Flexi Cap Fund | 5.3 | +15.99% | 2.07% | 104.7% | Rs 6,072 cr | Compare → |
| Helios Flexi Cap Fund | 7.1 | - | 2.04% | 92.7% | Rs 9,920 cr | Compare → |
| BANK OF INDIA Flexi Cap Fund | 6.4 | +17.44% | 2.28% | 104.6% | Rs 3,440 cr | Compare → |
| WhiteOak Capital Flexi Cap Fund | 7.2 | +14.19% | 2.04% | 92.6% | Rs 10,304 cr | Compare → |
| Motilal Oswal Flexi Cap Fund | 6.1 | +17.24% | 1.97% | 105.3% | Rs 14,293 cr | Compare → |
Frequently Asked Questions about Parag Parikh Flexi Cap Fund
What is the expense ratio of Parag Parikh Flexi Cap Fund?
Parag Parikh Flexi Cap Fund has a total expense ratio (TER) of 1.29% with a base expense ratio of 1.04%, compared to the Flexi Cap category median of 2.17%.
Who manages Parag Parikh Flexi Cap Fund?
Parag Parikh Flexi Cap Fund is managed by Rajeev Thakkar (tenure: 13.5 years since 2013-05-24).
What are the historical returns of Parag Parikh Flexi Cap Fund?
Parag Parikh Flexi Cap Fund delivered a 3-year CAGR of 12.72% and a 5-year CAGR of 10.94%. Its 1-year return stands at +0.12%.
How large is Parag Parikh Flexi Cap Fund?
Parag Parikh Flexi Cap Fund manages assets of Rs 156,540 cr, placing it in the 'strained' size band relative to Flexi Cap peers.
How is Parag Parikh Flexi Cap Fund scored on MFIQ?
Parag Parikh Flexi Cap Fund holds an MFIQ Score of 7.1/10 (Good), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Parag Parikh Flexi Cap Fund?
Parag Parikh Flexi Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 9.93% with a maximum historical drawdown of -31.26%.