| Launch date | 13 May 2013 |
| Allotment date | 28 May 2013 |
| End date | 21 May 2013 |
| NAV | NA |
Fund Overview
Expense ratio, exit load and tax
Expense ratio: 0.63%
Inclusive of GST
Exit load
For units above 10% of the investment, exit load of 2% if redeemed within 365 days and 1% if redeemed after 365 days but on or before 730 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Rajeev ThakkarMay 2013 - PresentView details
Raunak OnkarMay 2013 - PresentView details
Raj MehtaJan 2016 - PresentView details
Rukun TarachandaniMay 2022 - PresentView details
Tejas SomanSep 2025 - PresentView details
Mansi KariyaDec 2023 - PresentView details
Aishwarya DharSep 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #23 in India |
|---|---|
| Total AUM | ₹1,26,285.44Cr |
| Date of Incorporation | 10 Oct 2012 |
|---|
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 10 Oct 2012. 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 ₹1,26,285 Cr and the Latest NAV as of 23 Sep 2025 is ₹94.01. The Parag Parikh Flexi Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹1,000. For units above 10% of the investment, 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. ;
| Fund benchmark | NIFTY 500 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Flexi Cap Fund Direct Growth | 5 | 0.8% | 25.4% | 3,666.47 |
HDFC Flexi Cap Direct Plan Growth | 5 | 4.7% | 24.4% | 81,935.61 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 5.7% | 22.6% | 1,15,040.08 |
HSBC Flexi Cap Fund Direct Growth | 4 | -2.6% | 21.6% | 4,975.41 |
Franklin India Flexi Cap Fund Direct Growth | 4 | -3.4% | 20.2% | 18,726.71 |