Local fund with Global focus
Parag Parikh Flexi Cap Fund (PPFCF) is one of only a handful of Indian mutual fund schemes to invest in a basket of Indian and foreign stocks.
Five reasons why we have chosen to be different are:
As the Forward rate of the Indian Rupee is usually at a premium to the Spot Rate, our investors often earn an additional yield (Currently 5-6% per annum), irrespective of how the underlying stocks perform.
Please note: This yield may or may not sustain in the future, as it depends on factors like interest rate & inflation differentials between two currencies, which cannot be predicted with much accuracy.
Within these countries, we seek companies which are large, have operations in multiple countries and are reasonably valued.
Currently, we are focusing on companies listed mainly in the USA as we have access to a large universe of companies which possess all these attributes.
| Particulars | 65% and above | Less than 65% |
|---|---|---|
| LTCG Tax | 12.5% without indexation | 12.5% without indexation |
| STCG Tax | 20% | Applicable slab rate |
| Qualifying period | One year | Two years |
*‘Tax disadvantage’ refers to higher ‘Capital Gains Tax’ paid by investors in other ‘global’ equity mutual fund schemes
Note: Fresh Investment in foreign securities were temporarily suspended from February 2, 2022. Further, SEBI vide its letter SEBI/HO/OW/IMD-II/DOF3/P/25095/2022 dated June 17, 2022 has permitted the AMCs to resume subscription and make investments in overseas funds / securities upto the headroom available without breaching the overseas investment limit as of February 01, 2022.
Parag Parikh Flexi Cap Fund
 This product is suitable for investors who are seeking* 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. |
Download SID/SAI and KIM here.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Name of the Scheme
Parag Parikh Flexi Cap Fund
Investment Objective
To seek to generate long term capital growth from an actively managed portfolio of equity and equity related 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
Minimum Application Amount
New Purchase: ₹ 1,000;
Additional Purchase: ₹ 1,000;
Monthly SIP: ₹ 1,000;
Quarterly SIP: ₹ 3,000;
Expense Ratio *
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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.
* Above exit load structure is applicable prospectively, for all investments (including SIP/STP and SWP registered) with effect from 15th Nov 2021.