Parag Parikh Flexi Cap Fund: Delivering High Returns with Consistency

Strategic Insights -

Parag Parikh Flexi Cap Fund has proven to be a standout performer in the flexi-cap space, delivering an impressive 18.12% CAGR over the past 10 years. Launched on May 24, 2013, the fund has managed to multiply investor wealth over five times in just 10 years, making it one of the top-performing equity mutual funds in the country. With a consistent long-term performance, solid portfolio, and investor-friendly expense ratio, Parag Parikh Flexi Cap Fund has emerged as a reliable option for investors seeking high returns with low risk.

Key Takeaways:

  • Parag Parikh Flexi Cap Fund has delivered an 18.12% return (CAGR) over the past 10 years, making it one of the top-performing equity mutual funds in India.
  • A lump sum investment of Rs 10 lakh in 2013 would now be worth over Rs 52 lakh, reflecting the fund's impressive wealth creation potential.
  • The fund maintains a concentrated portfolio with a strong tilt towards quality financial and utility businesses, with top holdings including HDFC Bank (8.06%), Bajaj Holdings (6.93%), and Power Grid Corporation (6.09%).
  • Parag Parikh Flexi Cap Fund has delivered a strong performance across timeframes, with 3-year, 5-year, and 10-year annualised returns of 23.99%, 25.29%, and 18.12%, respectively.
  • An SIP of Rs 10,000 per month would have grown to Rs 35.8 lakh in 10 years, reflecting the fund's consistent outperformance.
  • The fund's expense ratio for the direct plan stands at 0.63%, offering cost-effective access to a diversified portfolio.

Statistics:

  • Return on INR 10 lakh lump sum investment in 10 years: 19.12%
  • Return on INR 10,000 SIP per month in 10 years: 20.72%
  • 10-year annualised return: 18.12%
  • 3-year annualised return: 23.99%
  • 5-year annualised return: 25.29%
  • Expense ratio (Direct Plan): 0.63%
  • Assets under Management (AUM): Rs 1.10 lakh crore (as of June 30, 2025)

Sources:

  • "Parag Parikh Flexi Cap Fund: Delivering High Returns with Consistency" (IE Online Media Services Pvt. Ltd.)
  • "Parag Parikh Flexi Cap Fund has multiplied investor wealth over five times in just 10 years" (Contify.com)