NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Parag Parikh Flexi Cap Growth for NRI [80.54]

Min Investment

1,000

Fund Size

84,640.59 Cr

Expense Ratio

1.3%

Exit Load

2%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

80.54

0.05%

NAV as on 25 Dec 24, 12:00 AM

very high risk

flexi cap

equity

NAV as on 25 Dec 24, 12:00 AM

very high risk

flexi cap

equity

24.16%p.a.

Last 1Y

16.79%p.a.

Last 3Y

24.62%p.a.

Last 5Y

19.77%p.a.

Since Inception

About Parag Parikh Flexi Cap Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Parag Parikh Flexi Cap Growth scheme from PPFAS Asset Management Pvt. Ltd. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on May 2013, Parag Parikh Flexi Cap Growth is Flexi Cap fund of its category with 84,640.59 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.

  • Parag Parikh Flexi Cap Growth delivered 24.2% annual returns during the last year. It has delivered 19.8% average annual returns since the fund was launched.
  • Parag Parikh Flexi Cap Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities, foreign equities and related instruments and debt securities.

Top 10 Holdings

HDFC Bank Ltd

8.42%

Power Grid Corp Of India Ltd

7.22%

Bajaj Holdings and Investment Ltd

6.59%

Coal India Ltd

6.45%

ITC Ltd

5.58%

ICICI Bank Ltd

5.18%

HCL Technologies Ltd

4.08%

Maruti Suzuki India Ltd

3.98%

Axis Bank Ltd

3.44%

Meta Platforms Inc Class A

3.39%

Fund Managers

  1. Raj Mehta (Jan 2016 - Present)
  2. Rajeev Thakkar (May 2013 - Present)
  3. Raunak Onkar (May 2013 - Present)
  4. Rukun Tarachandani (May 2022 - Present)
  5. Mansi Kariya (Dec 2023 - Present)

Key Information

View Scheme Document

Parag Parikh Flexi Cap Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Parag Parikh Flexi Cap Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Parag Parikh Flexi Cap Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Parag Parikh Flexi Cap Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions