Parag Parikh Flexi Cap Fund Direct-Growth
Benchmark: NIFTY 500 TRI · Inception: 13/05/2013 · NAV: ₹88.26 (01/10/2026)
AUM: ₹147405 Cr · Expense Ratio: 0.69% · Riskometer: Very High
The fund outperforms its peers across all primary risk-adjusted metrics, specifically with an Alpha of 3.83 vs 1.8260403 and a Sharpe of 0.64 vs 0.3222467. It also maintains lower volatility figures than the category average with a Std Dev of 10.09 vs 12.235522 and a Beta of 0.6 vs 0.74035007.
The fund delivers an Alpha of 3.83 compared to the Category Alpha of 1.8260403 and a Sharpe ratio of 0.64 vs the Category Sharpe of 0.3222467. Additionally, the Sortino ratio of 0.95 is significantly higher than the Category average, indicating better risk-adjusted returns.
While the fund performs well against category averages, the 1Y Return of -4.73 indicates recent period volatility. However, this remains a specific performance metric rather than a relative comparison to its peers' 1Y figures.
The fund exhibits lower risk than its peers with a Std Dev of 10.09 vs Category Std Dev of 12.235522 and a Beta of 0.6 vs Category Beta of 0.74035007. This suggests a more stable investment profile suitable for investors seeking consistent growth with lower volatility than the category average.
This fund is a top performer in its category, consistently delivering superior risk-adjusted returns while maintaining lower volatility than the average peer. It is highly recommended for investors seeking alpha with controlled risk exposure.
Parag Parikh Flexi Cap Fund carries an overall rating of 4.0/5 (Strong Buy), demonstrating strong performance within the Flexi Cap category. Its alpha of 3.83 outperformss the category average of 1.83, reflecting superior stock selection. The Sharpe ratio of 0.64 sits above the category mean of 0.32, while volatility (std dev 10.09%) is lower than peers (12.24%), indicating tighter risk control. With a 5-year CAGR of 10.89% and expense ratio of 0.69%, this fund presents a compelling long-term case for risk-tolerant investors.
| Period | CAGR |
|---|---|
| 1Y | -4.73% |
| 3Y | 12.19% |
| 5Y | 10.89% |
| 10Y | 16.73% |
| Since Launch | 17.70% |
- ✅ Alpha 3.83 exceeds category avg 1.83 — superior active management
- ✅ Lower beta 0.60 vs category 0.74 — less market sensitivity
- ✅ Std Dev 10.09% below category avg 12.24% — tighter volatility
- ✅ Strong Rating 4/5
- ✅ Low expense ratio 0.69% — cost-efficient
- ⚠️ Negative 1Y return (-4.73%) — recent underperformance