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  • PPFAS Mutual Fund :: Parag Parikh Flexi Cap Fund - Key Features
    AUM (₹ Crores)
    63,933.76
    As on Apr. 30, 2024
    NAV (Direct Plan)
    78.5887
    As on May 21, 2024
    NAV (Regular Plan)
    72.6879
    As on May 21, 2024
    Insider Holdings
    420.36
    As on Apr. 30, 2024


    Key Features of the Scheme

    Investment Objective:
    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. 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.
    Benchmark:
    NIFTY 500 TRI
    Entry Load: Not Applicable.
    Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors' assessment of various factors including the service rendered by the ARN Holder.
    Exit Load:
    Redemption: 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.

    Switch:
    Not applicable for the switch between the plans (Direct to Regular and vice versa).

    Switch In: Not Applicable.

    Switch Out:
    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.

    Minimum Application Amount
    • New Purchase: Rs. 1,000 and in multiple of Re. 1 thereafter.
    • Additional Purchase: Rs. 1,000 and in multiple of Re. 1 thereafter.
    • In case of monthly SIP , Rs. 1,000 and in multiple of Re. 1 thereafter.
    • In case of quarterly SIP Rs. 3,000 and in multiple of Re. 1 thereafter.
    Asset Allocation
    The corpus of the Scheme will be invested primarily in equity and equity related instruments. The Scheme may invest a part of its corpus in debt and money market instruments, in order to manage its liquidity requirements from time to time, and under certain circumstances, to protect the interests of the Unit holders. Scheme may invest in permitted foreign securities. Under normal circumstances, the asset allocation (% of Net Assets) of the Scheme's portfolio will be as follows.

    Type of Instruments Minimum allocations
    (% of net assets)
    Maximum allocations
    (% of net assets)
    Risk Profile
    Equity and equity related instruments 65 100 Medium to high
    Debt Securities, Money Market Securities 0 35 Low to medium
    Foreign Equity and equity related instruments 0 35 Medium to high
    Debt Securities (including Units) issued by REITs & InvITs 0 10 Medium to high
    Investments in securitised debt, if undertaken, shall not exceed 25% of the net asset of the scheme. From time to time, the Scheme may hold cash. For further details, please refer to the Scheme Information Document.

    The Scheme may seek investment opportunity in the Foreign Securities (including ADR/ GDR/ foreign equity and equity related instruments), in accordance with guidelines stipulated in this regard by SEBI and RBI from time to time. Under normal circumstances, exposure to foreign securities subject to regulatory limits shall not be more than 35% of the Scheme's net assets. In addition to the instruments stated in the table above, the Scheme may enter into repos/ reverse repos as may be permitted by RBI. From time to time, the Scheme may hold cash. A part of the net assets may be invested in the Collateralised Borrowing & Lending Obligations (CBLO) or repo. In the event that the asset allocation of the scheme should deviate from the ranges as stated in asset allocation table above, then the portfolio of the scheme will be rebalanced by the fund manager for the position indicated in the asset allocation table above within a maximum period of 30 working days from the date of said deviation.
    Focus on the long term
    Investments would be made with a long term perspective. 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. The Fund Manager will follow an active investment strategy primarily based on fundamental research driven bottom up stock selection approach. Since Investing requires disciplined risk management, the AMC would incorporate safeguards seeking to control risks in the portfolio construction process. Such safeguards would include reasonable diversification of the portfolio, which the AMC aims to achieve by spreading the investments over a range of industries, sectors and market capitalizations.
    Who manages the Scheme?

    Name and Age Educational Qualifications Experience (last 10 years) Fund Managed
    Rajeev Thakkar
    Rajeev Thakkar
    (Equity Fund Manager)
    51