Disclosure of Insider Holdings — Parag Parikh Flexi Cap Fund

Total number of units held in Parag Parikh Flexi Cap Fund - Direct Plan Growth as per SEBI Master Circular for Mutual Funds dated June 27, 2024 relating to Alignment of interest of Key Employees ('Designated Employees') of Asset Management Companies ('AMCs') with the unitholders of the Mutual Fund as at 30-06-2026 = 1414205.120 units.

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

Read about The Hammurabi Code here.

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.

Such a punishment seems incredibly harsh especially when there can be many reasons for the collapse. But with such a heavy downside in place, the builder has absolutely no incentive to cut corners in constructing the house. He has to use the best materials & the best building techniques to build the best possible house which will last for a long time. The builder literally has his own skin in the success & longevity of the building.

This type of a system ensures a very strict moral obligation & not just a professional responsibility. How could this same moral obligation be translated to the fund management business?

Details of Insider Holdings as at June 30, 2026

Name	Designation	Number of units held
Sahil P Parikh	Director	74,48,837
Hitesh Dharmasinh Gajaria	Director	21,14,894
Parag Parikh Financial Advisory Services Limited	Sponsor Company	10,08,790
Hemangini Rajeev Thakkar	Head - Business Development (Alternatives)	8,55,100
Khushboo Joshi	Chief Wealth Officer	3,15,057
Jayant R. Pai	Financial Planner	1,91,432
Neeta Milan Shukla	Senior Manger Investor Relations.	40,549
Mansi Hiteshkumar Vyas	Chief Financial Officer	18,902
Palak Kekul Dalal	Senior Manager - Product	9,216
Rohil Gandhi	Principal Officer & Fund Manager	8,302
Kajal Patel	Tax Consultant	5,551
Pratham Aggarwal	Product Research Analyst	5,357
Ami Doctor	Relationship Manager - Wealth	5,060
Manasi Kadam	Deputy Manager	3,716
Deepika Ravindra More	Manager	3,336
Pravin Shankar Kolge	Deputy Manager	3,125
Pritam Mahendra Kijbile	Office Boy	2,323
Rajdeep Kiritsinh Jadeja	Company Secretary & Compliance Officer	2,146
Sachin Pawar	Office Boy	2,114
Jimmy Pascol Tuscano	Senior Manager	2,102
Amit Tukaram Ghadi	IT - Executive	2,038
Ishan Parekh	Client Advisor	1,053
Nandita Singh	Assistant Manager-Customer Support	437
Ishita Pandey	Client Advisor	389
Govind Harbirpal Singh	Client Avisor - Research	288
Sakshi Waikar	Executive	280
Milind Dattaram Chavan	Office Boy	210
Dakshata Dasharath Sugadare	Assistant Manager - Operatiosn (PMS )	44
Siddhant Shah	Equity - Dealer	26
Sarthak	Deputy Manager- Product	21

Note: These holdings include those of the individual as well as his immediate/dependent family members.

Details of Holding of PPFAS AMC, its directors and promoter group

Name	Designation	Number of units held
PPFAS ASSET MANAGEMENT PVT LTD	AMC Company	2,37,76,714
Neil P. Parikh	Chairman & Chief Executive Officer	62,85,308
Geeta Parag Parikh	Promoter	57,66,310
Rajeev Thakkar	Chief Investment Officer - Equity and Director	41,64,006
Subrata K Mitra	Independent Director	44,379
Raman Jokhakar	Independent Director	41,870
V Ramesh	Independent Director	102

Note: Holdings of Late Mr. Parag S. Parikh are transmitted to Geeta Parag Parikh.

Details of PPFAS IFSC Company, its directors and employees

Name	Designation	Number of units held
Nirmal Bari	Director & Principal Officer	13,818
Akshay Falgunia	Fund Manager	2,966
Purvesh Pandit	Complaince Officer & Company Secretary	2,323

Note: Holdings of Late Mr. Parag S. Parikh are transmitted to Geeta Parag Parikh.

Details of Holding of directors of PPFAS Trustee Company Pvt. Ltd. and its employees

Name	Designation	Number of units held
Suneel Gautam	Associate Director	1,10,05,280
Burjor Nariman	Independent Director	52,376
PPFAS TRUSTEE COMPANY PRIVATE LIMITED	Trustee Company	2,215

Note: These holdings include those of the individual as well as his immediate/dependent family members.

Details of Holding of the Key Employees of the company

Name	Designation	Number of units held
Aalok Ramesh Mehta	Head of Investor Relations & Direct Channel	3,70,138
Raunak Onkar	Fund Manager & Head Research	3,67,036
Sanjay Shroff	Head- Adminstration	1,56,341
Mahesh Sarode	Head - Distribution Channel (West)	1,04,552
Raj Kirit Mehta	Executive Vice President & Fund Manager - Equity	62,321
Mansi Kariya	Associate Vice President & Fund Manager- Debt	55,360
Shailendra Pandey	Chief Marketing Officer and Head - Corporate Communications	31,726
Prithvinath Gaddam	Associate Vice President- Research	25,604
JIGNESH DESAI	Head - Operations (RTA) & Principal Officer	23,810
Rukun Tarachandani	Executive Vice President & Fund Manager - Equity	17,412
Pratik Rathi	Senior Manager - Research	16,055
Aarti Noela Marianus	Head - Distribution Channel (South)	14,420
Abhishek Goenka	Associate Vice President- Research	11,374
CHANDRASEKARAN VAIDHYANATHAN	Manager - Research	9,323
Akshay Upadhyay	Chief Technology Officer	8,749
Ranbir D.Nayal	Chief Information Security Officer	8,055
JITENDRA CHAWLA	Head - Client Relations And Distribution (North)	6,663
JINAL B JAIN	Manager - Research	5,323
Sanjana Jadhav	Head - Human Resources	4,083
S Prawin Visesh	Senior Manager- Research	3,033
Vikas Gandhi	Chief Financial Officer & Director	2,266
Shreeratan Chandak	Associate Vice President -Institutional Sales	2,220
Shubham Gupta	Chief Risk Officer	2,092
Priya Hariani	Chief Compliance Officer & Company Secretary	1,962
Aishwarya Shashi Dhar	Senior Manager & Fund Manager - Debt	695
Shantanu Bawari	Manager - Research	510
Vatsal Kapadia	Manager - Research	424
Jitendra Motwani	Chief Operating Officer	393

Note: These holdings include those of the individual as well as his immediate/dependent family members.

Details of Holding of the Other Employees of the company

Name	Number of units held
Nalin Luis Moniz	3,79,879
Ashok Pandurang Kerkar	57,097
Usha Galia	43,834
SARANSH BANGA	35,713
PARESH ASHOK KERKAR	29,832
sonal makwana	16,998
Parminder Saini	16,745
Ninad Bhosle	15,743
Vinay Teli	15,739
Nilesh Parmar	11,891
Vrutti Mehta	11,781
S RADHAKISHAN RAO	10,005
Madhavi Dey	9,525
R Karthika	8,678
Shivin Kumar	8,617
Kalpana Prajapati	7,168
Priyanka Mangesh Shetye	5,286
Nikhila Rao	5,194
Lunar Sutar	4,957
R VENKATARAMANA	4,554
Shubham Pravin Jain	4,261
Kavita Kamble	4,120
Rahul Naik	4,016
Shaival Shah	3,998
Janhavi N. Udyavar	3,850
D Megalingam	3,662
Biju Abraham Verghese	3,451
Sushil Kumar	3,444
Sudhakaran G	3,418
Digamber Singh Bisht	3,317
Abin Babu Varghese	2,897
Abhijeet Karamunge	2,830
Sonam Chaudhary	2,829
Vishal V Pai	2,788
Sanil Jain	2,738
Hema Sundar Koneti	2,679
Parul chauhan	2,512
Narendra Phulchand Kala	2,440
Valerian Francis Fernandes	2,409
Laxmi	2,281
Sagarkumar Anilbhai Pandya	2,153
Romika Srivastava	2,003
Priyanka Yadav	1,998
ABIMANUE ASOKAN	1,996
Prajakta T Barve	1,974
Arun Kumar Yadav	1,959
Aditi Pandere	1,920
NIKESH DILIPBHAI GAJIWALA	1,744
Suheth Menon	1,682
Anitha Sabu	1,617
Ratnavathi A Puthran	1,582
Darsh Thakker	1,552
Anilkumar Rajkishor Prajapati	1,475
Sanket Yadav	1,472
Muthulakshmi Sudalaimuthu	1,386
Harikrishna Theerupari	1,345
Anshveer Chhabra	1,324
Sheetal Kulkarni	1,290
Johnson Correia	1,276
Ankur pal	1,243
Prasanna Patil	1,223
Paresh D Shukla	1,219
MANISHA JEETENDRA SINGH	1,083
AMITH R	1,005
Hardik Trivedi	997
Akash Parshuram Patil	996
Pooja Rawat	989
SAMEER GHUME	962
Pranoy Haldankar	843
Nirvan Daga	774
DEVENDRA PANDEY	766
Mohit Soni	760
Aarti Santosh Kharade	719
Sonali Sisodiya	705
Agnisha Chatterjee	692
Cyriac Thachara	689
Gopi R	668
Hrishikesh Surendra Bavdankar	628
Vijay Sukhdeo Thakkar	620
koustav mondal	619
Abhishek Tyagi	615
Akshata Nilesh Nadkar	605
Maroti Pawar	596
Preeti Gunaji	565
Sweta Poojari	549
Chacko Jose Joy	529
NIDHI KANTILAL CHHEDA	501
Rajesh Kumar	498
Satyam Mishra	483
Nisha Kachhela	450
Steven Issac Gunwantnoor	437
OLY DAS	436
Sushma Ganesh Jethe	435
WAMAN LINGAYAT	418
AARTI KAUSTUBH MODAK	387
AKASH MANOJKUMAR PARMAR	381
Shrikant Pancholi	362
Andrea D'mello	358
Dhaval Kishor Rathod	353
Poojashree Rajesh	349
Pankaj Kumar Jha	325
Aman Anand	323
Naynish Kadam	319
Yatin Makwana	296
Ruchita Vijay Lokhande	293
Pallavi Singh	286
Manali Rane	276
Priyanka Dabhane	261
Kunal Kanhaiyya Yepure	256
KRISHNA KANTA LALL	222
Shubham Dave	215
RUPAL B MAGAR	206
Sanket Kumar	173
Sam Domnic G	164
Pinal Solanki	163
Brijesh Barbhaya	161
Anjali Manoj Mistri	154
Ragava Saranya Raghu	152
Anuja Deshmukh	152
TANUSHREE. KRISHNAMOORTHY	145
Trupti Mohan Sawant	142
Jaimin Harshad Bhatt	134
VAIBHAV DATTATRAY MORE	131
PANKAJ PANDEY	109
Deepak Vishwakarma	106
Sandeep Vaidande	79
TUSHAR DILIP KAMERKAR	77
Aakash Anil Manjrekar	75
Priyanka	71
Shubham Hire	65
Ritu Arun Kumar Tripathi	64
Pallavi Shambharkar	56
Nitesh Jain	54
Varun Mahakal	44
SANGEET GANDHI	35
Chandrashekhar Navrat	28
Vivek Patankar	25
Gayatri Bhutpalliwar	23
Lachhu Chawla	12
Aakash Tanwar	11
PARTHA BARMA	11
SINGH ARUNKUMAR	11
Manjunath N	10

Note: These holdings include those of the individual as well as his immediate/dependent family members.

Ideally, in the fund management profession, the only way to instill a sense of accountability is to ensure that the Fund Management team is investing their own monies along with those of the clients'. At PPFAS Mutual Fund, this ideal transcends into reality, as the key stakeholders in the Fund have invested a substantial portion of their equity investments in Parag Parikh Flexi Cap Fund.

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.

By investing in our scheme and disclosing it every month, we are going beyond the extant Regulations. We believe that this one disclosure will serve to inspire greater confidence among our unitholders, than thousands of times of assurances ever can.

Parag Parikh Flexi Cap Fund