Should I invest in Parag Parikh Flexi Cap Fund?

We don't give personal investment advice. Parag Parikh Flexi Cap Fund - Direct Plan - Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 17.9%. 5-year CAGR: 13.72%.

Parag Parikh

Parag Parikh Flexi Cap Fund - Direct Plan - Growth

Latest NAV

₹91.4603

As of

17 Jul 2026

3,231 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.47%	+0.10%	+0.37	12 / 104	Q1
1W	+0.57%	-0.02%	+0.59	14 / 103	Q1
2W	+0.18%	+0.10%	+0.09	53 / 102	Q3
1M	+1.29%	+1.52%	-0.22	61 / 101	Q3
3M	-0.57%	+5.34%	-5.91	91 / 100	Q4
6M	-2.54%	+9.00%	-11.54	93 / 99	Q4
YTD	-3.66%	+4.61%	-8.27	91 / 99	Q4
1Y	-0.95%	+18.02%	-18.97	80 / 90	Q4
2Y	+4.16%	+9.96%	-5.81	56 / 84	Q3
3Y	+14.54%	+13.26%	+1.28	28 / 76	Q2
4Y	+17.36%	+15.27%	+2.09	14 / 41	Q2
5Y	+13.72%	+14.07%	-0.35	13 / 34	Q2
7Y	+19.87%	+15.95%	+3.92	2 / 23	Q1
10Y	+17.68%	+14.34%	+3.34	2 / 18	Q1
Inception	+18.34%	+11.59%	+6.74	11 / 104	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-3.66%	+0.72%	-4.38	41 / 44
2025	+8.22%	+3.69%	+4.53	8 / 39
2024	+24.43%	+20.93%	+3.50	12 / 40
2023	+37.92%	+29.96%	+7.96	5 / 34
2022	-6.29%	+1.56%	-7.85	32 / 34
2021	+46.76%	+25.89%	+20.87	3 / 52
2020	+33.28%	+15.92%	+17.36	7 / 58
2019	+14.93%	+7.18%	+7.75	5 / 69
2018	+0.22%	-5.07%	+5.29	5 / 34
2017	+30.47%	+36.55%	-6.08	26 / 31
2016	+4.11%	+3.36%	+0.74	12 / 31

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+20.72%

148 windows

min -13.8% · max 73.6%

89% positive

3-Year rolling

+19.29%

124 windows

min 3.6% · max 35.9%

100% positive

5-Year rolling

+19.31%

100 windows

min 6.0% · max 32.7%

100% positive

7-Year rolling

+19.32%

75 windows

min 15.6% · max 22.0%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

8.89%

3-year · annualised

Sharpe ratio

0.85

vs risk-free 6.5%

Sortino ratio

1.88

Downside-only deviation

Max drawdown

-10.98%

Oct 2025 → Mar 2026

% positive months

66.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Flexi Cap Fund

Scheme	Fund house	NAV	As of
HDFC Flexi Cap Fund - Growth Option - Direct Plan	HDFC	₹2,248.7410	17 Jul 2026
Nippon India Flexi Cap Fund - Direct Plan - Growth Plan - Growth Option	Nippon India	₹17.9459	17 Jul 2026
SBI Flexicap Fund - DIRECT PLAN - Growth Option	SBI	₹121.4251	17 Jul 2026
ICICI Prudential Flexicap Fund - Direct Plan - Growth	ICICI Prudential	₹21.1200	17 Jul 2026
Invesco India Flexi Cap Fund - Direct Plan - Growth	Invesco	₹20.6200	17 Jul 2026
BANDHAN Flexi Cap Fund-Direct Plan-Growth	Bandhan	₹232.8250	17 Jul 2026
quant Flexi Cap Fund - Growth Option-Direct Plan	Quant	₹122.1976	17 Jul 2026
Aditya Birla Sun Life Flexi Cap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹2,165.0600	17 Jul 2026
Motilal Oswal Flexi cap Fund Direct Plan-Growth Option	Motilal Oswal	₹67.6885	17 Jul 2026
Franklin India Flexi Cap Fund - Direct - Growth	Franklin India	₹1,808.6718	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹91.4603
16 Jul 2026	₹91.0281
15 Jul 2026	₹91.1262
14 Jul 2026	₹90.8660
13 Jul 2026	₹91.3166
10 Jul 2026	₹90.9438
9 Jul 2026	₹90.3358
8 Jul 2026	₹90.0327
7 Jul 2026	₹91.5190
6 Jul 2026	₹91.4093

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Parag Parikh Flexi Cap Fund - Direct Plan - Growth is ₹91.4603. It's a Flexi Cap Fund from Parag Parikh, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Parag Parikh Flexi Cap Fund - Direct Plan - Growth has NAV history starting from 28 May 2013, a track record of about 13 years 1 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Parag Parikh Flexi Cap Fund - Direct Plan - Growth is managed by Parag Parikh. It's classified by AMFI under the 'Flexi Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Parag Parikh Flexi Cap Fund - Direct Plan - Growth has delivered a absolute return of -0.95% — -18.97 pp behind the Flexi Cap Fund category average of 18.02%. The fund ranks #80 of 90 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Parag Parikh Flexi Cap Fund - Direct Plan - Growth has delivered a CAGR of 14.54% — +1.28 pp ahead of the Flexi Cap Fund category average of 13.26%. The fund ranks #28 of 76 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Parag Parikh Flexi Cap Fund - Direct Plan - Growth has delivered a CAGR of 13.72% — -0.35 pp behind the Flexi Cap Fund category average of 14.07%. The fund ranks #13 of 34 in its category — the second (Q2) quartile.

₹1 lakh invested in Parag Parikh Flexi Cap Fund - Direct Plan - Growth exactly 10 years ago would be worth approximately ₹509,392 today — a multiplier of 5.09×, based on the 10-year CAGR of 17.68%. The category average over the same window would have grown ₹1 lakh to ₹382,055.

A ₹10,000 monthly SIP in Parag Parikh Flexi Cap Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹825,891 today. That's an XIRR (money-weighted annualised return) of 12.73%.

A ₹10,000 monthly SIP for 10 years in Parag Parikh Flexi Cap Fund - Direct Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹3,027,102 (multiplier 2.52×). XIRR: 17.61%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Parag Parikh Flexi Cap Fund - Direct Plan - Growth ranks #13 out of 34 funds in the Flexi Cap Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 14.07%; this fund delivered 13.72%.

The worst peak-to-trough decline Parag Parikh Flexi Cap Fund - Direct Plan - Growth has experienced over the last 5-year window is 17.87% — its NAV fell from a high on 19 Oct 2021 to a low on 17 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Parag Parikh Flexi Cap Fund - Direct Plan - Growth averaged 19.31% (best 32.67%, worst 6.01%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.64 — reasonable risk-adjusted performance.

In calendar year 2025, Parag Parikh Flexi Cap Fund - Direct Plan - Growth returned 8.22% — beating the Flexi Cap Fund category average of 3.69% by 4.53 pp. It ranked #8 of 39 in its category that year.

Parag Parikh Flexi Cap Fund - Direct Plan - Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Parag Parikh Flexi Cap Fund - Direct Plan - Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 17.9%. 5-year CAGR: 13.72%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Parag Parikh Flexi Cap Fund - Direct Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Flexi Cap Fund

Recent NAVs

Frequently asked questions

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