Parag Parikh Flexi Cap Fund Crosses Rs 1 Lakh Crore In Asset Under Management

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Parag Parikh Flexi Cap Fund Crosses Rs 1 Lakh Crore In Asset Under Management

The fund delivered over 28 per cent 5-Year CAGR and marking 13 years of consistent long-term investment growth.

On Thursday, the Parag Parikh Flexi Cap Fund reached a notable achievement by surpassing Rs 1 lakh crore in AUM. This open-ended fund maintains a flexible investment strategy, with at least 65 per cent of its assets in Indian equities, and the remaining portion allocated to international stocks and domestic debt or money market instruments. According to the fact sheet dated March 31, 2025, the fund’s AUM was Rs 93,440.89 crore. The scheme is considered a pioneer in international diversification.

An investment of Rs 1 lakh made one year ago would have grown to Rs 1.12 lakh, reflecting a 12.11 per cent return. Over three years, the same investment would be worth Rs 1.74 lakh, with a compound annual growth rate (CAGR) of 20.48 per cent. Over five years, it would have grown to Rs 3.44 lakh, marking a CAGR of 28.06 per cent.

According to the fund house CEO, Parag Parikh Flexi Cap Fund is the first actively managed mutual fund scheme in India to cross the Rs 1 lakh crore AUM mark. The scheme aims to generate long-term capital growth through a portfolio comprising Indian and global equities, along with related instruments and debt. However, there is no guarantee of returns or assurance that the investment objective will be met.

Launched in May 2013, the scheme completes 13 years this month. It is benchmarked against the Nifty 500 index and is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, and Mansi Kariya.

The fund's regular plan (growth option) has delivered a CAGR of 19.06 per cent since inception, outperforming the category average of 15.22 per cent and the NIFTY 500 TRI’s 12.4 per cent. It has also posted strong returns across various time frames: 12.11 per cent over 1 year, 20.48 per cent over 3 years, and 28.06 per cent over 5 years. Its 10-year CAGR stands at 17.28 per cent. As of May 7, 2025, the NAV was Rs 80.657.

The scheme’s key holdings include Clearing Corporation of India Ltd (11.21 per cent), HDFC Bank Ltd (8.38 per cent), Bajaj Holdings and Investment Ltd (7.10 per cent), Coal India Ltd (6.01 per cent), and Power Grid Corporation of India Ltd (5.99 per cent). These reflect the fund’s exposure to financials, energy, and infrastructure sectors.

Disclaimer: This article is for informational use only and does not constitute investment advice.

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