Parag Parikh Flexi Cap Fund's track record shows why it boasts the highest assets under management (AUM) in the flexi-cap category. It stands out as one of the most consistently rewarding funds in the long run. After a dull 2022, the fund bounced back strongly last year, boasting an impressive 37.6 per cent return and clinching the fourth spot among its peers. That said, much of the outperformance was achieved in the March 2023 quarter. In the second half of 2023, the fund trailed an average peer and benchmark by 30 and 70 basis points, respectively. But the gears have shifted again this year, as the fund has delivered twice as much as its rivals and benchmark (as of March 15, 2024). Performance overview As highlighted in our previous update, the surge in performance during the initial months of 2023 was primarily fueled by international
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