NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹78.57
-0.58%
NAV as on 18 Nov 24, 12:00 AM
very high risk
flexi cap
equity
NAV as on 18 Nov 24, 12:00 AM
very high risk
flexi cap
equity
28.18%p.a.
Last 1Y
15.07%p.a.
Last 3Y
24.33%p.a.
Last 5Y
19.84%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 81,918.72 Cr fund under management as on Nov 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 28.2% 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
8.41%
Power Grid Corp Of India Ltd
7.08%
Bajaj Holdings and Investment Ltd
6.67%
Coal India Ltd
6.49%
ITC Ltd
5.64%
ICICI Bank Ltd
5.32%
Maruti Suzuki India Ltd
4.11%
HCL Technologies Ltd
4.03%
Axis Bank Ltd
3.52%
Meta Platforms Inc Class A
3.44%
Fund Managers
- Raj Mehta (Jan 2016 - Present)
- Rajeev Thakkar (May 2013 - Present)
- Raunak Onkar (May 2013 - Present)
- Rukun Tarachandani (May 2022 - Present)
- Mansi Kariya (Dec 2023 - Present)
Key Information
View Scheme Document
Parag Parikh Flexi Cap Growth SIP Calculator
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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 Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% 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
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Frequently Asked Questions
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