
Parag Parikh Flexi Cap Fund is an ardent follower of the buy-and-hold approach and maintains a value tilt in the portfolio. Although the fund has a flexible mandate for investing in stocks of different sizes, it has a bias towards large-caps. This fund has been a consistent long-term wealth generator for its investors. Even this year, it is among the top performers. Reasons for outperformance It posted a substantial underperformance last year primarily due to its international exposure. However, this year's tech rally in the US has helped it make a comeback. All four international stocks - Meta, Amazon, Alphabet and Microsoft - rebounded sharply, helping the fund overcome its 2022 blip. On the domestic front, stocks like ITC, Bajaj Holdings & Investment and Zydus Lifesciences have been notable performers. Notable portfol
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