Parag Parikh Flexi Cap Fund is an open ended dynamic Equity scheme investing across large cap, mid cap, small cap Stocks, to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. The Scheme shall invest in Indian equities, foreign equities and related instruments and debt securities.
The Parag Parikh Flexi Cap Fund has delivered a return of 37.10 percent in a year and the top 5 industries in which it has allocated its funds are Banks, Computer Software, Cash & Cash Equivalents, IT-Software and Capital Markets.
As of March 31, 2024, the Parag Parikh Flexi Cap Fund has Assets under Management (AUM) of Rs. 60,559.43 Crores and Net Asset Value (NAV) of 69.31 for the Regular Plan and 74.86 for the Direct Plan. It has has a Month End Expense Ratio of 1.32 percent for a regular and 0.57 percent for a direct plan with minimum SIP Investment amount of Rs. 1000 and Quartely SIP investment of Rs. 3000.
Listed Below are the companies in which major part of the Parag Parikh Flexi Cap Fund are allocated
HDFC Bank
HDFC Bank is one of India’s leading private banks, it is engaged in providing a range of banking and financial services including retail banking, wholesale banking, and treasury operations.
As of March 31, 2024, HDFC Bank Limited constitutes 8.06 percent of Net Assets in the core equity of Parag Parikh Flexi Cap Fund.
Its total income grew by 117.62 percent from Rs. 57,158.84 Crores in Q4FY23 to Rs. 1,24,391.35 Crores in Q4FY24, accompanied by profits of Rs. 12,594.47 Crores to Rs. 17,622.38 Crores.
Bajaj Holdings & Investment
Bajaj Holdings & Investment Limited is an holding and investment company, it acts as a primary investment company, focusing on new business opportunities. It earns income through dividends, interest and gains on investments held in listed and unlisted entities, mutual funds, corporate bonds, governement bonds and many more.
As of March 31, 2024, Bajaj Holdings & Investment Limited constitutes 6.52 percent of Net Assets in the core equity of Parag Parikh Flexi Cap Fund.
Its revenue from operations grew by 1,293 percent from Rs. 87 Crores in Q4FY23 to Rs. 1,212 Crores in Q4FY24, accompanied by profits of Rs.1,353 Crores to Rs. 2,716 Crores.
Power Grid Corporation of India
Power Grid Corporation of India Limited is a Maharatna power transmission company engaged in planning, implementation, operation, and maintenance of Inter-State Transmission System (ISTS), telecom and consultancy services and many more.
As of March 31, 2024, Power Grid Corporation of India Limited constitutes 6.17 percent of Net Assets in the core equity of Parag Parikh Flexi Cap Fund.
Its revenue from operations grew by 2.55 percent from Rs. 11,262 Crores in Q3FY23 to Rs. 11,550 Crores in Q3FY24, accompanied by profits of Rs. 3,645 Crores to Rs. 4,028 Crores.
Maruti Suzuki India
Maruti Suzuki India Limited is engaged in the manufacturing, purchasing and sale of passenger and commercial motor vehicles, components and spare parts under the brand name Maruti Suzuki. Its other activities comprise facilitation of pre-owned car sales, fleet management and car financing.
As of March 31, 2024, Maruti Suzuki India Limited constitutes 5.75 percent of Net Assets in the core equity of Parag Parikh Flexi Cap Fund.
Its revenue from operations grew by 19.42 percent from Rs. 32,214 Crores in Q4FY23 to Rs. 38,471 Crores in Q4FY24, accompanied by profits of Rs. 2,688 Crores to Rs. 3,952 Crores.
ICICI Bank
ICICI Bank Limited is one of the largest private-sector banks offering a diversified portfolio of banking and financial services including Retail Banking, Treasury, and Corporate Banking, Investment Banking, Stock Broking, and many more catering to all kinds of clients.
As of March 31, 2024, ICICI Bank Limited constitutes 5.19 percent of Net Assets in the core equity of Parag Parikh Flexi Cap Fund.
Its total income grew by 24.58 percent from Rs. 53,922.75 Crores in Q4FY23 to Rs. 67,181.70 Crores in Q4FY24, accompanied by profits of Rs. 9,852.70 Crores to Rs. 11,671.52 Crores.
Written by: Bharath K.S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
