Parag Parikh Flexi Cap Fund

An open ended Equity Mutual Fund scheme for genuine long-term investors!

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Why choose this scheme?

Buying securities at a discount to intrinsic value will help to create value for investors. Our investment philosophy is to invest in such value stocks. Long Term refers to an investment horizon of 5 years and more. You are requested to read Scheme Information Document (SID) to know more about investment process followed.

We value 'Value Investing'!

We only include companies with low debt, high cash flows, investor-friendly managements, etc. Most important, these must be quoting at a discount to their intrinsic value at the time of purchase. Join us if you too would like to own such companies in your portfolio.

Only one equity scheme!

The main reason - We do not want to confuse investors. We believe that a person does not require more than 25 to 30 good investments to create wealth in the long term. Thus, a single scheme can suffice if one has the confidence and trust in the managers who are operating the fund.

A Swiss Army knife

Take the case of a Swiss army knife. It is a multi-functional gadget having various tools. Similarly, Flexi Cap has the flexibility to invest in Indian and foreign companies irrespective of market capitalisation and sectors.

Scheme Facts

The investment objective of the Scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and Equity Related Securities. Scheme shall be investing in Indian equities, foreign equities and related instruments and debt securities.

Min. Application Amount

New Purchase:
₹ 1,000 and in multiple of ₹ 1 thereafter.
Additional Purchase:
₹ 1,000 and in multiple of ₹ 1 thereafter.

Systematic Investment Plans
Monthly SIP:
₹ 1,000 and in multiple of ₹ 1 thereafter.
Quarterly SIP:
₹ 3,000 and in multiple of ₹ 1 thereafter.

Scheme Plans

Direct Plan: Do-It-Yourself and benefit from a lower 'Expense Ratio'.

Regular Plan: Choose this option if you would like one of our Distribution Partners to help you out.

For both the above plans scheme offers only "Growth Option" and no "Dividend option".

Entry/Exit Load

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: 2.00 % if the investment is redeemed on or before 365 days from the date of allotment of units.

1.00 % if the investment is redeemed after 365 days but on or before 730 days from the date of allotment of units.

No Exit Load will be charged if investment is redeemed after 730 days from the date of allotment of units.

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.

Where do we invest?

Its investment universe is not restricted by any self-imposed limitations in terms of sector, market capitalisation, geography, etc. However, an average of 65% of its corpus will be invested in listed Indian equities, in order to benefit from the favourable Capital Gains tax treatment accorded to such schemes.

Industry Allocation

Top Indian Holdings

Name Sector % of Assets
HDFC Bank Limited Banks 6.78%
Bajaj Holdings & Investment Ltd Finance 5.89%
Persistent Systems Ltd Software 4.97%
Balkrishna Industries Auto & Auto Ancillaries 4.67%
Zydus Wellness Ltd Consumer Non Durables 4.66%

Top Overseas Holdings

Name Sector % of Assets
Alphabet Inc (Google Class C) Internet & Technology 10.65%
Suzuki Motor Corp (ADR) Auto & Auto Ancillaries 5.11%
Facebook INC# Internet & Technology 4.21%
Nestle SA ADR^ Packaged Foods 3.53%
3M Co Industrial Conglomerates 2.11%

As at July 31, 2018, 65.56% is invested in Indian equities (This includes arbitrage positions amounting to 18.80%) and 27.37% is invested in foreign equities. The residual 5.07% is parked in cash equivalents, CBLO, T-Bills & fixed deposits. Scheme Factsheet here.

Fund Managers

The domestic portion of the scheme is managed by Mr. Rajeev Thakkar, while Raunak Onkar manages the foreign investment component. Raj Mehta is responsible for the 'fixed income' investment component.

Rajeev Thakkar

CIO and Fund Manager - Equity

Raunak Onkar

Fund Manager - Overseas Investments

Raj Mehta

Fund Manager - Debt



(As on February 02, 2018)



(As on December 31, 2017)


AUM (Rs. Crs)

(As on December 31, 2017)


Insider Holding (%)

(As on December 31, 2017)

We have our Skin in the game


At PPFAS Mutual Fund, we are inspired by The Hammurabi Code.

Having our own skin in the game demonstrates the willingness to link our financial well-being with yours. This also places an implicit onus on us to make optimum use of our time & abilities in order to enhance the scheme's performance and eschew the reckless behaviour that fund managers are sometimes accused of.

Around 18th Century BC lived a King named Hammurabi who instituted a social law now known as the Hammurabi's code. It is the one of the first evidence of law ever written down. One of the principle features of the code was about the builder - If a builder built a house for a man & the house collapses to cause the death of the owner, then the builder has to be put to death.

PPFAS SelfInvest


Through this you can currently

  •   Create a new Folio (Currently it is available for only for investors who are KRA/KYC compliant before February 1, 2017)
  •   View your investments
  •   Make additional purchases, redeem and switch.
  •   Start a Systematic Investment Plan
  •   Fetch your Account Statement

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Invest with us

16,314 (and counting...) believers in long-term investing have chosen our scheme. Join Them! Buy Online!

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Investment Objective of the Scheme

The investment objective of the Scheme is 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.

Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them.


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Contact us

PPFAS Asset Management Private Limited

81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai - 400 021. INDIA.

Phone: 1800-266-7790 [Toll Free]

E-mail: [email protected]