As the name implies, a “flexi cap fund” is a category of mutual fund scheme that has flexibility to invest in stocks across the market cap spectrum – large-cap, mid-cap, and small-cap companies – according to the judgement of the fund manager. Reports state that according to a Value Research study, Parag Parikh Flexi Cap Fund has made it to the top of the charts in 2024, for the second year running.
The NAV of Parag Parikh Flexi Cap Fund stood at Rs 80.9931 as on January 1, 2025. The fund size is Rs 84,640.59 crore and expense ratio is 1.33%, while the expense ratio for the category is 1.9%. It ranks “Very High” on the risk-o-meter.
Parag Parikh Flexi Cap Fund lump sum returns
If one considers a lump sum investment of Rs 10,000, the returns are as follows: If done 6 months ago it would have generated a value of Rs 10,589.50; 1 year ago it would have turned into Rs 12,353.90; 2 years ago it would have returned Rs 16,923.60; 3 years ago the same investment would have become Rs 15,700.10 and 5 years ago it would have generated a value of Rs 30,163.00. If someone invested Rs 10,000 in Parag Parikh Flexi Cap Fund 10 years ago, it would have ballooned to Rs 50,030.10. (These returns have been calculated up to December 31, 2024.)
Parag Parikh Flexi Cap SIP returns
Let’s turn to SIP returns. A monthly SIP of Rs 1,000 if done on January 1, 2024 would have generated Rs 13,077.27; if began on December 30, 2022 would have returned Rs 31,067.33; if initiated on December 31, 2021, would have been valued at Rs 51,274.08. The same SIP would have generated Rs 1,09,728.26 if began on January 1, 2020 and Rs 3,50,663.27 if the same SIP was initiated on January 1, 2015. Over a 1-year, 3-year and 5-year horizon, this fund has provided returns of 23.85%, 16.31% and 24.75%. According to reports, the returns offered by best in category were 46.73%, 26.43% and 31.18% respectively.
Parag Parikh Flexi Cap Fund top stocks
The top stocks in the portfolio of Parag Parikh Flexi Cap Fund are as follows: HDFC Bank, Power Grid Corporation, Bajaj Holdings & Investment, Coal India, ITC, ICICI Bank, HCL Tech, Maruti Suzuki, Axis Bank and Facebook. The average market cap of this fund has been reported to be Rs 91,205.65 crore, while the category average is Rs 95,480.21 crore.
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According to a Value Research study Parag Parikh Flexi Cap Fund has been one of the most popular mutual fund schemes in 2024 for the second year running. Let’s find out the rate of returns provided by this fund. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
