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Parag Parikh Flexi Cap Fund - Direct Plan

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Equity: Flexi Cap

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1 Lakh

Investment Grown to
₹ 1.81 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.69 Lakh

Suitability:

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. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 19.98 0.47 2.01 4.79 11.98 22.98 62.60 21.77 20.33 17.73 --
S&P BSE 500 TRI 18.66 0.37 1.38 7.55 7.28 22.47 69.47 14.89 16.28 13.46 --
Equity: Flexi Cap 17.44 0.23 1.39 6.90 6.52 21.36 62.23 14.32 15.79 14.36 --
Rank within category 12 7 9 58 4 18 24 3 3 3 --
Number of funds in category 55 59 59 58 58 55 51 38 35 30 1

As on 11-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Parag Parikh Flexi Cap Fund - Direct Plan  | Invest Online
5 star
 May-13 62.60 21.77 20.33 0.91 10,276
Kotak Flexicap Fund - Direct Plan  | Invest Online
4 star
 Jan-13 57.80 14.42 16.53 0.64 35,955
UTI Flexi Cap Fund - Direct Plan  | Invest Online
5 star
 Jan-13 75.05 19.11 18.21 1.21 18,405
Axis Focused 25 Fund - Direct Plan
4 star
 Jan-13 60.86 15.39 19.36 0.62 16,540
SBI Focused Equity Fund - Direct Plan  | Invest Online
4 star
 Jan-13 58.75 16.72 17.93 0.76 15,879

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.75 01-Apr-2020 - 09-Apr-2020 -14.69 16-Mar-2020 - 23-Mar-2020
Month 18.94 24-Mar-2020 - 23-Apr-2020 -30.93 20-Feb-2020 - 23-Mar-2020
Quarter 40.31 24-Mar-2020 - 23-Jun-2020 -27.31 24-Dec-2019 - 24-Mar-2020
Year 100.06 23-Mar-2020 - 23-Mar-2021 -21.27 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 21.66 18.61 0.93 0.97 0.74 8.83
S&P BSE 500 TRI 15.83 22.84 0.50 0.59 -- --
Equity: Flexi Cap 15.16 22.22 0.49 0.55 0.94 -0.01
Rank within category 3 2 1 1 1 1
Number of funds in category 39 39 39 39 39 39

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 26
Top 10 Stocks (%) 50.49
Top 5 Stocks (%) 32.13
Top 3 Sectors (%) 67.74
Portfolio P/B Ratio 3.80
Portfolio P/E Ratio 25.17

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,37,440 1,33,343
Giant (%) 53.06 52.33
Large (%) 9.43 17.31
Mid (%) 31.67 23.41
Small (%) 5.84 7.45
Tiny (%) -- 0.14

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Bajaj Holdings & Inv Financial 10.75 9.52 4.47 8.14
up ITC FMCG 19.45 8.31 0.00 8.10
up Microsoft Corportion (US) Technology -- 7.18
up Facebook Co Technology -- 6.23
equal Persistent Systems Technology 42.65 8.27 4.03 5.73
equal Indian Energy Exchange Services 53.02 5.99 0.00 5.13
up Hero Motocorp Automobile 20.57 5.87 0.00 5.03
up HCL Technologies Technology 23.95 5.06 0.00 4.94
up Amazon. com Inc. (USA) Cons Durable -- 4.80
down Alphabet Inc Class C Technology -- 4.29
new Alphabet Inc Class A Technology -- 4.25
up Mphasis Technology 30.93 5.64 2.06 3.77
equal Multi Commodity Exchange India Services 35.51 5.06 0.00 3.76
equal Central Depository Services Financial 50.89 3.14 0.00 3.14
equal ICICI Bank Financial 23.94 5.84 2.07 2.75
equal Balkrishna Industries Automobile 36.82 4.67 2.22 2.63
equal Axis Bank Financial 31.45 5.69 2.33 2.61
equal HDFC Bank Financial 25.76 9.66 2.43 2.43
equal Suzuki Motor Corporation (Japan) (ADS/ADR) Automobile -- 1.77
equal Oracle Fin Ser Software Technology 18.05 3.40 0.00 1.41
equal ICRA Financial 40.21 1.69 0.63 1.30
equal Cadila Healthcare Healthcare 31.91 1.98 0.00 1.14
equal Lupin Healthcare 45.89 2.47 1.01 1.03
equal Dr. Reddy's Lab Healthcare 46.46 2.16 0.97 0.97
equal Sun Pharmaceutical Inds. Healthcare 56.29 1.58 0.44 0.90

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Rajeev Thakkar since 13-May-2013

Education: Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP.

Experience: He has been associated with PPFAS AMC since 2013.

Interviews:

Funds Managed:

— Raj Mehta since 27-Jan-2016

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.

Funds Managed:

Invest Online
0.47%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 44.4556

Investment Strategy

The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 2% for redemption within 365 days
1% for redemption between 366 - 730 days

Basic Details

Fund House: PPFAS Mutual Fund
Launch Date: 28-May-2013
Return Since Launch: 20.38%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 10,276 Cr (As on 31-May-2021)
Expense: 0.91% (As on 30-Apr-2021)
Risk Grade: Low
Return Grade: High
Turnover: 7.64%

Contact Information

AMC: PPFAS Asset Management Pvt.Ltd.

Address: 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230 Nariman Point Mumbai - 400021

Phone: 022-61406555 / 1800-266-7790

Fax: 022-61406590

Email: [email protected]

Website: http://www.amc.ppfas.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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