About Parag Parikh Flexi Cap Fund
Parag Parikh Flexi Cap Fund is a flexi cap fund managed by PPFAS Mutual Fund. Invest at least 65% in equity, with the fund manager free to move between large, mid and small caps as they see fit.
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities, foreign equities and related instruments and debt securities.
The scheme's stated objective, as published by PPFAS Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹89.8569 | 122639 |
| Direct | Monthly IDCW Payout | ₹89.8569 | 153964 |
| Regular | Growth | ₹81.852 | 122640 |
| Regular | Monthly IDCW Payout | ₹81.8519 | 153965 |
Frequently asked questions
What is the NAV of Parag Parikh Flexi Cap Fund today?
The NAV of Parag Parikh Flexi Cap Fund (Direct plan, Growth) is ₹89.8569 and the Regular plan NAV is ₹81.852, as of 18 Sept 2026.
What returns has Parag Parikh Flexi Cap Fund given?
Over the last year the Direct plan returned -5.12%, and 12.05% a year over 3 years and 11.28% a year over 5 years. That places it 16 of 37 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Parag Parikh Flexi Cap Fund?
The Direct plan charges 0.69% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Parag Parikh Flexi Cap Fund?
You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹1,000 or more.
How much has Parag Parikh Flexi Cap Fund fallen in the past?
Its deepest fall was 31.2% from 13 Feb 2020 to 24 Mar 2020. Of every one-year stretch in its history, 88% ended in a gain.
Which category does Parag Parikh Flexi Cap Fund belong to?
It is a Flexi Cap Fund from PPFAS Mutual Fund. Invest at least 65% in equity, with the fund manager free to move between large, mid and small caps as they see fit.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Parag Parikh Flexi Cap Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.