Parag Parikh Flexi Cap Fund – Basic Details
Start Date: 28 May 2013
Benchmark: NIFTY 500 TRI
Returns since launch: 18.63%
Type of Fund: Open Ended
AUM: Rs. 22,324 Cr (As on 30.06.22)
Expense Ratio: 0.79%
Risk Grade : Low
Return Grade: High
Parag Parikh Flexi Cap Fund – Investment Details
Minimum Investment: Rs 1,000/-
Minimum Additional Investment: Rs 1,000/-
Minimum SIP Investment: Rs 1,000/-
Lock in Period: Not Applicable
Parag Parikh Flexi Cap Fund – Sector Wise Allocation
From the above graph, we come to know that this fund has made major investments in the Financial Sector. And also has invested in the Services and Technology Sector as well.
Parag Parikh Flexi Cap Fund – Top Holdings
From the given graph, we get to know that this fund has invested in ITC Bajaj and Holdings and Investments. This fund has also invested in HDFC. Has also invested in companies like ICICI Bank and Hero Motocorp.
Parag Parikh Flexi Cap Fund – Asset Allocation
The fund invests 93.50% in Equity and 6% in Cash and Cash Equity.
Parag Parikh Flexi Cap Fund – Fund Manager
Mr. Rajeev Thakkar is the manager of the fund and he is managing the fund since May 13, 2013. Shri Thakkar is educated as Chartered Accountant and Cost Accountant.
Parag Parikh Flexi Cap Fund – Trailing Returns
The fund has given YTD negative returns but has given 22.22% returns in 3 years. Also has given 17.32% returns in 5 years which is more than the benchmark indices.
If in your last 3 years Rs. Had I invested 1 Lakh, its value would have been Rs. 1.83 Lakhs. And if you have a monthly Rs. 10,000/- if SIP was done then its value today would be Rs. 4.86 Lakhs.
Parag Parikh Flexi Cap Fund – Risk Parameters
If you see in the above graph, it is seen that the Mean of this fund is 21.55 which is higher than the Benchmark Indices. The higher it is, the higher is the growth of the fund. Standard Deviation is also less than Benchmark Indices. The more Standard Deviation work, the better. Sharpe Ratio is 0.94. Higher the Sharpe Ratio, better is the growth of the fund. The Fund’s Alpha Ratio is 9.06 which is higher than the Benchmark Indices.
Friends, if you are looking for a good fund for long term investing, then Parag Parikh Flexi Cap Fund It is a good and very good fund. This fund invests in good companies. You can invest in this fund for minimum 5 to 7 years.
Frequently Asked Questions:
1. Is Parag Parikh Flexi Cap Fund a good Investment?
Yes, Parikh Parikh Flexi Cap Fund is a Good Investment. One can Invest if you are looking for good returns in the long term.
2. What is Parag Parikh Flexi Cap Fund Direct Plan?
The Fund’s objective is to generate long-term capital growth. The scheme shall invest in Indian equities, foreign equities, and related instruments and debt securities.
3. Can I do SIP in Parag Parikh Flexi Cap Fund?
Yes, One can do SIP in Parag Parikh Flexi Cap Fund
4. What is the current NAV of Parag Parikh Flexi Cap Fund?
The current NAV of Parag Parikh Flexi Cap Fund Direct Growth Plan is Rs. 47.64
5. How are the returns of Parag Parikh Flexi Cap Fund?
Parag Parikh Flexi Cap Fund has delivered returns of 18.63% since inception.
Disclaimer: I am not a Certified Financial Planner and this article is for Information Purpose Only. Please consult your Financial Advisor before taking any financial decisions. All the data used here are taken from value research online.