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This Flexi-Cap Fund Has Given Upto 156.70% Returns In 5 Years, SIP States At Rs 1000
Flexi-cap funds invest in firms with a range of market capitalizations, such as large-cap, mid-cap, and small-cap equities. All large-cap, mid-cap, and small-cap firms are represented in these funds. A flex-cap fund helps investors to diversify their portfolios by investing in firms with varying market capitalizations, reducing risk and volatility.
Diversified equities funds or multi-cap funds are other names for them. Unlike mid-cap and small-cap funds, which invest in equities depending on their market capitalization, Flexi-cap funds can invest in any firm regardless of its market capitalization.
In this article, we have analysed one such Flexi-cap fund. The fund has given good returns over the years. In short, it outperformed the category average returns.
Parag Parikh Flexi Cap Fund - Direct Plan-Growth
This Flexi cap fund is an equity open-ended mutual fund launched on 28 May 2013 by the PPFAS Mutual Fund. This fund has Rs 21768.48 crore worth of Asset Under Management (AUM). The Net Asset Value (NAV) of the fund as of 19th April 2022 is Rs 51.2306. It is a medium-sized fund of its category. The expense ratio of this fund is 0.81%, which is less than its category average expense ratio.
It is a highly risky fund for investment and doesn't guarantee returns. Investors can start investing in this with the minimum required amount. For both lump-sum and Sip, the minimum amount required is Rs 1000. This fund has no-in period. On exit charges, for units in excess of 10% of the investment, 2% will be charged for redemption within 365 days. For units in excess of 10% of the investment,1% will be charged for redemption between 366 - 730 days.
Absolute And Annualised Returns
Lump-Sum Investment Returns
Since its launch, it has delivered 20.13% average annual returns.
| Investment Period | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 24.62% | 24.62% |
| 2 Year | 109.62% | 44.64% |
| 3 Year | 95.96% | 25.09% |
| 5 Year | 156.70% | 20.74% |
| Since Inception | 412.31% | 20.13% |
SIP Returns
| SIP Period | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 4.20% | 7.91% |
| 2 Year | 32.66% | 29.84% |
| 3 Year | 53.66% | 29.99% |
| 5 Year | 79.64% | 23.65% |
Portfolio
The fund invests 66.44 per cent of its assets in stocks, with 44.3 per cent in large-cap companies, 3.83 per cent in mid-size stocks, and 12.07 per cent in small-cap stocks. The financial, services, technology, consumer staples, and automobile sectors make up the majority of the fund's holdings. Alphabet Inc Class A, ITC Ltd., Bajaj Holdings & Investment Ltd., Microsoft Corporation (US), and Amazon. com Inc. are among the top five holdings of the fund (USA).
Disclaimers
Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
