| Name of the fund | Parag Parikh Flexi Cap Fund |
| Investment Objective | 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. |
| Type of the scheme | An open ended dynamic Equity scheme investing across large cap, mid cap, small cap Stocks. |
| Date of Allotment | May 24, 2013 |
| Name of the Fund Managers | Mr. Rajeev Thakkar - Equity Fund Manager (Since Inception) Mr. Raunak Onkar - Dedicated Fund Manager for Overseas Securities (Since Inception) Mr. Raj Mehta - Debt Fund Manager (Since January 27, 2016) |
| Month End Expense Ratio | Regular Plan: 1.80%* Direct Plan: 0.80%* *Including additional expenses and GST on management fees. Total Expense ratio is as on last business day of the month |
| Tier 1 Benchmark Index | NIFTY 500 (TRI) |
| Additional Benchmark | NIFTY 50 (TRI) |
| Minimum Application Amount | New Purchase: 1,000 Additional Purchase: 1,000 Monthly SIP: 1,000,Quarterly SIP: 3,000 |
Assets Under Management
(AUM) as on Jan. 31, 2022 |
20,412.09 Crores |
Average AUM
for the Month |
20,201.85 Crores |
Net Asset Value (NAV) as
on Jan. 31, 2022 |
|
| Regular Plan: 49.536 | Direct Plan: 52.4968 |
Entry Load |
Not Applicable |
Exit Load |
In respect of each purchase / switch-in of
Units, 10% of the units (“the limit”) may be
redeemed without any exit load from the
date of allotment. Any redemption or switch-out in excess of the limit shall be subject to the following exit load: 2% for redemption within 365 days 1% for redemption between 366 - 730 days Nil for redemption beyond 730 days No exit load will be charged, in case of switch transactions between Regular Plan and Direct Plan of the Scheme for existing as well as prospective investors. |
| Beta | 0.73 |
| Standard Deviation | 18.00% |
| Sharpe Ratio | 1.29 |
| Portfolio Turnover (excl Equity Arbitrage) | 19.37% |
| Portfolio Turnover (incl Equity Arbitrage) | 27.18% |
| - Above figures are annualised. - Risk free rate assumed to be 3.40% (FBIL Overnight MIBOR as on 31st Jan., 2022) |
|
Portfolio Disclosure |
||
Core Equity |
||
Name |
Industry |
% of Net Assets |
ITC Ltd. |
Consumer Non Durables |
8.08% |
Bajaj Holdings & Investment Ltd. |
Finance |
7.90% |
Axis Bank Ltd. |
Banks |
5.56% |
Hero MotoCorp Ltd. |
Auto |
5.30% |
ICICI Bank Ltd. |
Banks |
5.23% |
HDFC Bank Ltd. |
Banks |
5.10% |
Indian Energy Exchange Ltd. |
Capital Markets |
5.10% |
HCL Technologies Ltd. |
Software |
5.07% |
Power Grid Corporation of India Ltd. |
Power |
4.53% |
Central Depository Services (I) Ltd. |
Capital Markets |
3.54% |
Multi Commodity Exchange of India Ltd. |
Capital Markets |
1.88% |
Motilal Oswal Financial Services Ltd. |
Capital Markets |
1.43% |
Balkrishna Industries Ltd. |
Auto Ancillaries |
1.40% |
Dr. Reddy's Laboratories Ltd. |
Pharmaceuticals |
1.08% |
Cadila Healthcare Ltd. |
Pharmaceuticals |
1.03% |
Sun Pharmaceutical Industries Ltd. |
Pharmaceuticals |
1.03% |
IPCA Laboratories Ltd. |
Pharmaceuticals |
0.98% |
ICRA Ltd. |
Capital Markets |
0.76% |
Oracle Financial Services Software Ltd. |
Software |
0.72% |
Lupin Ltd. |
Pharmaceuticals |
0.41% |
Total |
66.13% |
|
Overseas Securities, IDRs and ADRs |
||
#Alphabet Inc (Google Class A) |
Internet & Technology |
8.40% |
#Microsoft Corporation |
Internet & Technology |
7.66% |
#Amazon.Com Inc |
Consumer Services |
6.38% |
#Meta Platforms Inc (Formerly Facebook Inc) |
Internet & Technology |
6.17% |
#Suzuki Motor Corp (ADR)^ |
Auto |
0.87% |
Total |
29.48% |
|
Debt and Money Market Instruments |
||
| FDR | 0.26% | |
| TREPS Including Cash & Cash Equivalent and Net Current Asset | 4.13% | |
Net Assets |
100.00% |
|
# Currency hedge to the extent of approximately 75% of exposure.
^ Traded on US OTC Markets. Underlying shares are listed on Tokyo Stock Exchange
Lumpsum Investment Performance (Compounded annual returns) |
||||||
Scheme |
Tier I Benchmark |
Additional Benchmark |
Value of Investment of Rs. 10,000/- |
|||
| Date | PPFCF (Regular) |
NIFTY 500 (TRI) |
NIFTY 50 (TRI) |
PPFCF (Regular) |
NIFTY 500 (TRI) |
NIFTY 50 (TRI) |
| Since Inception (May 24, 2013)* | 20.20% |
15.58% |
14.43% |
49,536 |
35,228 |
32,297 |
| January 29, 2021 to January 31 2022 (Last 1 year) | 38.50% |
33.23% |
28.50% |
13,874 |
13,344 |
12,868 |
| January 31, 2019 to January 31 2022 (Last 3 year) | 27.96% |
19.63% |
18.35% |
20,967 |
17,130 |
16,583 |
| January 31, 2017 to January 31 2022 (Last 5 year) | 21.57% |
16.47% |
16.60% |
26,566 |
21,444 |
21,557 |
*Since inception returns are calculated on Rs. 10 (allotment price)
Note:
Different plans shall have different expense structures.
Scheme returns shown are for regular plan.
Past performance may or may not be sustained in the future.
Greater than 1 year returns are CAGR returns.
Data presented here is upto the last calendar month.
| SIP Investment Performance (Assumption : 10,000/- is invested on the first of every month) | ||||
| Date | Since Inception from June 1, 2013 |
January 29, 2021 to January 31 2022 (Last 1 year) |
January 31, 2019 to January 31 2022 (Last 3 year) |
January 31, 2017 to January 31 2022 (Last 5 year) |
Total Amount Invested |
10,50,000 |
1,20,000 |
3,60,000 |
6,00,000 |
Market value of Investment (Regular Plan) |
26,93,077 |
1,36,150 |
5,85,991 |
11,19,950 |
(Regular Plan) Returns (Annualised) (%) |
20.70% |
25.75% |
34.30% |
25.22% |
Nifty 500 (TRI) Returns (Annualised) (%) |
15.96% |
19.80% |
26.84% |
18.55% |
Nifty 50 (TRI) Returns (Annualised) (%) |
15.15% |
17.19% |
24.12% |
17.96% |
*Since inception returns are calculated on Rs. 10 (allotment price)
Note:
Different plans shall have different expense structures.
Scheme returns shown are for regular plan.
Past performance may or may not be sustained in the future.
Greater than 1 year returns are CAGR returns.
Data presented here is upto the last calendar month.
Source: Internal sources
Note: Investors are requested to note that there is a temporary suspension for acceptance of transactions in Parag Parikh Flexi Cap Fund with effect from February 02, 2022. Please refer to notice cum addenda dated January 30, 2022 available on website of PPFAS Mutual Fund for more details
Total number of units held in Parag Parikh Flexi Cap Fund as per SEBI Circular relating to Alignment of interest of Key Employees ('Designated Employees') of Asset Management Companies ('AMCs') with the unitholders of the Mutual Fund Schemes. (dated April 28, 2021 read with September 20, 2021) as at 31-01-2022
Scheme |
Units |
AUM (in Rs.) |
Parag Parikh Flexi Cap Fund - Direct Plan |
49,644.15 |
26,06,158.85 |
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
