Two funds walk into a table. Only the numbers talk.
Parag Parikh Flexi Cap Fund vs ITI Flexi Cap Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- AParag Parikh Flexi Cap Fund
PPFAS Mutual Fund- Flexi Cap Fund
- Direct plan
- Very High Risk
NAV ₹94.81 on 12 Nov 2026
- BITI Flexi Cap Fund
ITI Mutual Fund- Flexi Cap Fund
- Direct plan
- Very High Risk
NAV ₹22.15 on 13 Nov 2026
The short version
Who comes out ahead on each measure, over the 3 years all of them have been around.
Grew faster
BITI Flexi Cap Fund
ITI Flexi Cap Fund returned 19.8% a year over 3 years, against 13.5% for Parag Parikh Flexi Cap Fund. ₹1 lakh invested 3 years ago would be about ₹1.72 Lakh today, against ₹1.46 Lakh.
Smoother ride
AParag Parikh Flexi Cap Fund
Parag Parikh Flexi Cap Fund swung the least: about 9.9% a year either way, against 16.5% for ITI Flexi Cap Fund. Lower means fewer scary days.
Fell less in a crash
No fair winner yet
At its worst, ITI Flexi Cap Fund fell 21.4% from its peak, against 31.2% for Parag Parikh Flexi Cap Fund. On ₹1 lakh, that's a dip to ₹68,798 at the bottom for Parag Parikh Flexi Cap Fund. Could you have held on?
Not a fair fight: we only have data for ITI Flexi Cap Fund (from Feb 2023), so it has not been through the 2020 crash the others fell in.
More consistent
No fair winner yet
Pick any day in the past and hold for a year: ITI Flexi Cap Fund ended up in profit 92% of the time, against 87% for Parag Parikh Flexi Cap Fund.
Not a fair fight: we only have data for ITI Flexi Cap Fund (from Feb 2023), so it has not been through the 2020 crash the others fell in.
Costs less
AParag Parikh Flexi Cap Fund
Parag Parikh Flexi Cap Fund charges 0.69% a year, against 0.91% for ITI Flexi Cap Fund. On ₹1 lakh that's ₹690 a year against ₹910, taken quietly from the NAV.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- AParag Parikh Flexi Cap Fund₹14,361 from ₹10,000(12.9% a year)
- BITI Flexi Cap Fund₹17,008 from ₹10,000(19.5% a year)
A one-time ₹10,000 put in 3 years ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
AParag Parikh Flexi Cap Fund
- Strength: Beat a 5-year SBI FD: 11.7% a year over 5 years, against 6.05%
- Strength: Swings less than most funds in its category
- Watch out: Fell harder than its category in the worst crash
BITI Flexi Cap Fund
- Strength: Ahead of its category: 19.8% a year over 3 years, against a category average of 14.1%
- Strength: In the top quarter of its category over 3 years (#1 of 36)
- Strength: Beat a 5-year SBI FD: 19.8% a year over 3 years, against 6.05%
- Watch out: Swings more than most funds in its category
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | AParag Parikh Flexi Cap Fund | BITI Flexi Cap Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | 0.7%#32 of 42 · avg 4.6% | 15.9%Best#1 of 42 · avg 4.6% |
| 3 yearsPer year, over a full market mood swing | 13.5%#18 of 36 · avg 14.1% | 19.8%Best#1 of 36 · avg 14.1% |
| 5 yearsPer year, the fairest single test | 11.7%#10 of 27 · avg 11.1% | – |
| 10 yearsPer year, across bull and bear markets | 17.7%#2 of 18 · avg 14.6% | – |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 9.9%Bestcategory avg 14.5% | 16.5%category avg 14.5% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −31.2%category avg −26.3% | −21.4%data from 22 Feb 2023 only |
| Best 12 monthsIts strongest year | 100.1% | 59.2%data from 22 Feb 2023 only |
| Worst 12 monthsIts weakest year | -21.5% | -6.1%data from 22 Feb 2023 only |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 87% | 92%data from 22 Feb 2023 only |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 0.69%Best | 0.91% |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹1.45 lakh Cr | ₹1,588 Cr |
| Minimum SIPSmallest monthly amount | ₹1,000 | ₹500Best |
| Lock-inTime before you can withdraw | None | None |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
AParag Parikh Flexi Cap Fund
Might suit you if…
- a smoother ride matters more to you than the top return
- you care about keeping costs low, which adds up over decades
BITI Flexi Cap Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls