Fund Details
Parag Parikh Flexi Cap Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.89% |
| NAV | ₹48.94 (26 Jul 2021) |
|---|---|
| Fund Started | 24 May 2013 |
| Fund Size | ₹11,360 Cr |
Returns
Comparison
1. Lower expense ratio - 0.89%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 10000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Alphabet Inc Class A | Technology | Forgn. Eq | 8.4% |
| Bajaj Holdings & Investment Ltd. | Financial | Equity | 8.0% |
| ITC Ltd. | FMCG | Equity | 7.8% |
| Microsoft Corportion (US) | Technology | Forgn. Eq | 7.4% |
| Facebook Co | Technology | Forgn. Eq | 6.2% |
| Amazon. com Inc. (USA) | Consumer Durable | Forgn. Eq | 6.0% |
| Persistent Systems Ltd. | Technology | Equity | 6.0% |
| HCL Technologies Ltd. | Technology | Equity | 5.0% |
| Hero Motocorp Ltd. | Automobile | Equity | 5.0% |
| Indian Energy Exchange Ltd. | Services | Equity | 4.9% |
Fund Managers
Parag Parikh Flexi Cap Fund Direct Growth Details
Parag Parikh Flexi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by PPFAS Mutual Fund. This scheme was made available to investors on 24 May 2013. Raunak Onkar, Rajeev Thakkar, Raj Mehta is the Current Fund Manager of Parag Parikh Flexi Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹11,360 Cr and the Latest NAV as of 26 Jul 2021 is ₹48.94.
The Parag Parikh Flexi Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 2% if redeemed within 365 days and 1% if redeemed after 365 days but on or before 730 days
Investment Objective
The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
