SIP Investment: Paras Parikh Flexi Cap Fund is designed to invest at least 65% of its assets in equity shares. As of October 2, the net asset value of this fund was Rs 81.7818 crore, while its total assets under management are Rs 78,490 crore. The biggest feature of this fund is its diversified portfolio.
SIP Investment: Mutual funds provide their investors with many options keeping in mind the risk to meet their financial goals. Investment fund houses constantly launch new themes and schemes to attract investors. One of these schemes is the Flexi Cap Fund, which is becoming increasingly popular among investors. These funds invest in different market caps, industries and sectors, thereby reducing the impact of poor performance in any one sector. Flexi cap funds have performed brilliantly in recent times. The fund I am going to tell you about today has given excellent returns in 11 years.
This one fund did wonders
The Paras Parikh Flexi Cap Fund is designed to invest at least 65% of its assets in equity shares. As of October 2, the net asset value (NAV) of this fund was Rs 81.7818, while its total assets under management (AUM) is Rs 78,490 crore. The biggest feature of this fund is its diversified portfolio.
The top investments of the fund include HDFC Bank (7.98%), Power Grid (6.74%), Bajaj Holdings (6.64%). Apart from this, ITC is included with 5.65% and Coal India with 5.59% stake. This strategy focuses on famous companies from different sectors, contributing to the stability and performance of the fund.
Paras Parikh Flexi Cap Fund
This fund has given a total return of 20.33% during its existence of 11 years and 4 months, making it an attractive investment option. Over different time frames, the fund has delivered impressive returns. The fund has delivered returns of 39.65% in one year, 18.43% in three years, 26.40% in five years, 20.60% in seven years, and 18.68% in ten years.
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This performance of the fund reflects its long-term investment approach and strong portfolio strategy. It offers stability as well as higher returns to investors, making it a good option compared to other flexi cap funds.
SIP Returns on Regular Plan
Paras Parikh Flexi Cap Fund has delivered attractive returns to investors through Systematic Investment Plan (SIP). If a SIP of Rs 10,000 was made every month for 11 years, the total investment would have been Rs 13,30,000, which would have grown to Rs 45,81,834 (approximately Rs 46 lakh) today. This represents a return of 20.9% per annum, proving this fund’s ability to create wealth through regular investing and discipline.
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