June 26, 2024
mayank
Parag Parikh Flexi Cap Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 81.7742
Parag Parikh Flexi Cap Fund Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy of Parag Parikh Flexi Cap Fund
The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments.
Fund Manager:
1) Rajeev Thakkar
Education: Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP.
Experience: He has been associated with PPFAS AMC since 2013.
2) Rukun Tarachandani
Education: Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF.
Experience: Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.
3) Mansi Kariya
Education: Ms. Karia has done B.Com, MS Finance and CFA
Experience: Prior to joining PPFAS AMC, she has worked with Insync and Zacks Investment Research
4) Raj Mehta
Education: Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder.
Experience: Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
Parag Parikh Flexi Cap Fund Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 2% will be charged for redemption within 365 days |
| For units in excess of 10% of the investment, 1% will be charged for redemption after 366 days and within 730 days |
Basic Details of Parag Parikh Flexi Cap Fund
| Fund House | PPFAS Mutual Fund |
| Launch Date | 28-May-13 |
| Return Since Launch | 20.87% |
| BenchmarkNIFTY 500 TRI | |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 66,384 Cr |
| (As on 31-May-2024) | |
| Expense | 0.62% |
| (As on 31-May-2024) | |
| Risk Grade | Low |
| Return Grade | Above Average |
| Turnover | 2.82% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Parag Parikh Flexi Cap Dir | 16.42 | 0.34 | 3.54 | 9.18 | 17.48 | 38.72 | 21.99 | 25.61 | 21.27 | 19.28 |
| BSE 500 TRI | 15.67 | 0.37 | 4.34 | 12.17 | 17.97 | 40.30 | 19.41 | 19.80 | 16.53 | 15.25 |
| Equity: Flexi Cap | 17.61 | 0.43 | 5.08 | 13.61 | 19.56 | 42.36 | 19.94 | 19.53 | 16.32 | 15.96 |
| Rank within category | 41 | 59 | 77 | 79 | 55 | 50 | 19 | 2 | 1 | 2 |
| Number of funds in category | 81 | 83 | 83 | 82 | 81 | 76 | 59 | 46 | 36 | 31 |
Peer Comparison of Parag Parikh Flexi Cap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Parag Parikh Flexi Cap Dir | 5 star | 38.72 | 21.99 | 25.61 | 0.62 | 66,384 | 20.87 | 2.00 (365) | 11Y | 2.82 |
| HDFC Flexi Cap Dir | 4 star | 47.82 | 27.33 | 21.69 | 0.79 | 54,692 | 17.85 | 1.00 (365) | 11Y 5M | 39.18 |
| Franklin India Flexi Cap Dir | 4 star | 47.79 | 23.09 | 22.34 | 0.96 | 15,468 | 18.06 | 1.00 (365) | 11Y 5M | 24.00 |
| HDFC Focused 30 Dir | 4 star | 48.43 | 30.51 | 22.76 | 0.51 | 11,946 | 16.57 | 1.00 (365) | 11Y 5M | 33.30 |
| Franklin India Focused Equity Dir | 4 star | 41.84 | 22.16 | 20.89 | 0.96 | 11,443 | 19.85 | 1.00 (365) | 11Y 5M | 26.36 |
Portfolio Analysis of Parag Parikh Flexi Cap Fund
| No. of Stocks | 60 |
| Top 10 Stocks | 52.26% |
| Top 5 Stocks | 31.60% |
| Top 3 Sectors | 52.93% |
| Portfolio P/B Ratio | 3.40 |
| Portfolio P/E Ratio | 17.31 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,04,714 | 1,68,041 |
| Giant (%) | 74.63 | 49.85 |
| Large (%) | 13.28 | 21.13 |
| Mid (%) | 10.74 | 23.02 |
| Small (%) | 1.34 | 6.81 |
| Tiny (%) | — | 0.20 |
Chanakya’s Mutual Fund Guidance For Parag Parikh Flexi Cap Fund
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