Parag Parikh Flexi Cap Fund, the country’s largest active flexi-cap mutual fund by assets, has seen a sharp rise in investor interest. As of November 30, 2025, the fund’s total assets under management (AUM) increased to Rs 1,29,783 crore. During November alone, the scheme received the highest monthly inflows of Rs 3,982 crore, taking its AUM close to the Rs 1.30 lakh crore mark, compared with around Rs 1.25 lakh crore in October.
The Parag Parikh Flexi Cap Fund invests across large-cap, mid-cap and small-cap stocks, offering diversification benefits to investors. At least 65% of the fund’s portfolio is invested in equities at all times. The scheme is actively managed with the objective of delivering long-term capital growth by identifying quality companies across market segments.
Parag Parikh Flexi Cap Fund’s top 10 stock holdings
HDFC Bank: 8.03%
Power Grid Corporation: 5.91%
ICICI Bank: 4.85%
Bajaj Holdings & Investment: 4.71%
Coal India: 4.70%
ITC Ltd: 4.51%
Kotak Mahindra Bank: 3.98%
Mahindra & Mahindra: 3.60%
Bharti Airtel: 3.43%
Maruti Suzuki: 3.37%
Parag Parikh Flexi Cap Fund’s top 10 sector allocation
Banks: 20.14%
Debt & Money Market Instruments: 12.33%
Computer Software: 9.30%
Cash & Cash Equivalent: 8.67%
Automobiles: 6.97%
Power: 5.91%
IT: 5.28%
Finance: 4.80%
Consumable Fuels: 4.70%
Diversified FMCG: 4.51%
Pharmaceuticals & Biotechnology: 3.83%
Telecom – Services: 3.45%
Parag Parikh Flexi Cap Fund’s details
Launch date: May 24, 2013
Rating: 5-star
Total AUM: Rs 1,29,783 crore (Nov 30, 2025)
Expense ratio: Direct plan 0.63%, Regular plan 1.28%
Beta: 0.57
Standard deviation: 8.41%
Sharpe ratio: 1.66
Portfolio turnover (including equity arbitrage): 40.14%
Portfolio turnover (excluding equity arbitrage): 12.67%
NAV: Rs 94.7577 (Dec 12, 2025)
Riskometer: Very High
Minimum lump sum investment: Rs 1,000
Minimum SIP: Rs 1,000
Earlier name: Parag Parikh Long Term Equity Fund
Parag Parikh Flexi Cap Fund’s lump sum investment performance
Direct plan annualized return since launch: 19.69%
One-time investment: Rs 1,00,000
Current value: Rs 9,50,020
(Source: Fund fact sheet)
Parag Parikh Flexi Cap Fund’s SIP performance (12 Years)
Annualized SIP return: 19.53%
Monthly SIP amount: Rs 10,000
Total SIP investment: Rs 15,40,000
Current value: Rs 59,36,241
(Source: Value Research)
Parag Parikh Flexi Cap Fund is ideal for investors seeking long-term wealth creation through equities and willing to stay invested for at least five years.
Note: Past performance of any equity fund does not guarantee future returns. Market risks apply, and investors should consult a financial expert before investing.
Note: This content has been translated using AI. It has also been reviewed by FE Editors for accuracy.