MF Gyan
flexi capModerate risk13 years oldCooling recently (last 6m ≈ -2% p.a.)

Parag Parikh Flexi Cap Fund - Direct Plan - Growth

The fund manager decides how much to invest in each size, and can shift around based on what looks attractive. From PPFAS Mutual Fund. It's been running since 28 May 2013.

Latest price per unit
₹91.1767
▲ 0.54% today
As of 28 Aug 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.00 L
▲ ₹4 gain · 0.0% / year
Invested 3 years ago
₹1.50 L
▲ ₹49.9k gain · 14.4% / year
Invested 5 years ago
₹1.86 L
▲ ₹85.6k gain · 13.2% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.98 L
Gain / loss+₹17.9k
XIRR (annualised)6.30%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.99 L
Projected gain*+₹18.6k
*at this fund's historical rate of 6.30% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 64 other funds in Equity Scheme - Flexi Cap Fund

Same plan
1-year return
0.00%median 4.20% (-4.20%)
Rank #43 of 65Beats 26% of peers
3-year return
14.44%median 12.07% (+2.37%)
Rank #14 of 65Beats 75% of peers
5-year return
13.17%median 10.64% (+2.53%)
Rank #7 of 65Beats 86% of peers
Bumpiness (3Y)
9.87%median 14.58% (-4.71%)
Rank #2 of 65Less risky than 98% of peers
Worst-ever drop
-31.20%median -33.86% (+2.66%)
Rank #40 of 65Less risky than 39% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 7 years were positive.

+33%
2020
+47%
2021
-7%
2022
+37%
2023
+24%
2024
+8%
2025
-4%
2026
Best year
2021 · 46.76%
Worst year
2022 · -6.51%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
9.9%

The value swings roughly 10% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-31.20%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Parag Parikh Flexi Cap Fund - Direct Plan - Growth against other flexi cap funds.

Technical details (for the pros)
CAGR — 1 year0.00%
CAGR — 3 years14.44%
CAGR — 5 years13.17%
CAGR — since launch18.15%
Volatility — 1 year (annualised)8.86%
Volatility — 3 years (annualised)9.87%
Max drawdown — 1 year-10.98%
Max drawdown — 3 years-10.98%
Sharpe ratio — 1 year (rf=6%)-0.68
Sharpe ratio — 3 years (rf=6%)0.79

Fund info

Fund house
PPFAS Mutual Fund
Category
Equity Scheme - Flexi Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF879O01027
ISIN (Div re-invest)
—
Fund code
122639
First price on record
28 May 2013 · 3,261 daily prices

About Parag Parikh Flexi Cap Fund - Direct Plan - Growth

Parag Parikh Flexi Cap Fund - Direct Plan - Growth is a Equity Scheme - Flexi Cap Fund offered by PPFAS Mutual Fund under the Direct plan with the Growth option. It has approximately 13 years of NAV track record. The fund falls in the flexi cap category — The fund manager decides how much to invest in each size, and can shift around based on what looks attractive.

The current NAV of Parag Parikh Flexi Cap Fund - Direct Plan - Growth is ₹91.1767 (as of 28 Aug 2026). Historically, it has delivered 0.00% over the last year, 14.44% CAGR over 3 years, 13.17% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 9.9% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 31.2%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Parag Parikh Flexi Cap Fund - Direct Plan - Growth?+

The latest NAV of Parag Parikh Flexi Cap Fund - Direct Plan - Growth is ₹91.1767 as of 28 Aug 2026, up 0.54% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Parag Parikh Flexi Cap Fund - Direct Plan - Growth?+

Parag Parikh Flexi Cap Fund - Direct Plan - Growth has delivered 1-year return 0.00%, 3-year CAGR 14.44%, 5-year CAGR 13.17%, since-inception CAGR 18.15%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Parag Parikh Flexi Cap Fund - Direct Plan - Growth belong to?+

Parag Parikh Flexi Cap Fund - Direct Plan - Growth is categorised as Equity Scheme - Flexi Cap Fund. The fund manager decides how much to invest in each size, and can shift around based on what looks attractive.

How risky is Parag Parikh Flexi Cap Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 9.9%, Parag Parikh Flexi Cap Fund - Direct Plan - Growth sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Parag Parikh Flexi Cap Fund - Direct Plan - Growth a direct plan?+

Parag Parikh Flexi Cap Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Parag Parikh Flexi Cap Fund - Direct Plan - Growth?+

Parag Parikh Flexi Cap Fund - Direct Plan - Growth has NAV history available from 28 May 2013 — approximately 13 years of track record and 3,261 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.