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Is Parag Parikh Flexi Cap Fund same as Long Term Equity Fund?

Is Parag Parikh Flexi Cap Fund same as Long Term Equity Fund?

Parag Parikh Long Term Equity Fund will be renamed as Parag Parikh Flexi Cap Fund. A flexicap strategy will allow the fund manager to invest wherever value and opportunities are available without restrictions,” says Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund.

What is exit load in Parag Parikh Flexi Cap Fund?

Exit Load: 1.00 \% if the investment is redeemed after 365 days but on or before 730 days from the date of allotment of units. No Exit Load will be charged if investment is redeemed after 730 days from the date of allotment of units.

Is Parag Parikh Flexi Cap Fund tax saving?

Buy it here! Parag Parikh Tax Saver Fund is An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit from the date of investment for every investment instalment.

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How good is Parag Parikh Flexi Cap Fund?

The fund benchmarks to IISL Nifty 500 TR INR. This fund is meant for investors with a minimum investment horizon of 5 years and more. The fund was formerly known as Parag Parikh Long Term Equity Reg Gr….Parag Parikh Flexi Cap Fund – Growth Scheme Details.

1 Year Return 60.70\%
3 Years Return 21.60\%
5 Years Return 20.01\%

Is Parag Parikh Flexi Cap Fund Large Cap?

Flexi Cap Fund : Fund has 65.37\% investment in indian stocks of which 40.41\% is in large cap stocks, 6.17\% is in mid cap stocks, 16.17\% in small cap stocks. Suitable For : Investors who are looking to invest money for at least 3-4 years and looking for high returns.

What is best Flexi Cap fund?

PGIM India Flexi Cap Fund Direct-Growth Infosys Ltd., ICICI Bank Ltd., Larsen & Toubro Ltd., State Bank of India, and Tata Consultancy Services Ltd. are the fund’s top five holdings. The fund has a 5-star rating from Value Research with a Net Asset Value (NAV) of Rs 30.04 crore as of October 8, 2021.

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Is Parag Parikh Flexi Cap fund direct growth?

1. The Current Net Asset Value of the Parag Parikh Flexi Cap Fund – Direct Plan as of 24 Dec 2021 is Rs 53.4319 for Growth option of its Direct plan….Basic Details.

Fund House PPFAS Mutual Fund
Launch Date 28-May-2013
Return Since Launch 21.57\%
Benchmark NIFTY 500 Total Return Index
Riskometer Very High

What is the NAV of Parag Parikh flexi cap fund direct-growth?

Parag Parikh Flexi Cap Fund Direct-Growth is a Equity mutual fund scheme from PPFAS Mutual Fund. This scheme was launched on 27 May 2013 and is currently managed by its fund managers Raj Mehta and Rajeev Thakkar. It has an AUM of ₹ 14,590.35 Crores and the latest NAV decalared is ₹ 52.212 as on 16 Sep 2021 at 5:27 am.

Is Parag Parikh long term equity fund regular growth safe to invest?

The Parag Parikh Long Term Equity Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 1000. Exit load of 2\% if redeemed within 365 days and 1\% if redeemed after 365 days but on or before 730 days.

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What is long term capital gain tax on investments?

Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10\%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included.

Is it safe to invest in flexi cap fund?

However if right most red scale is selected, then there is very high risk of negative returns on your investment. Flexi Cap Fund : Fund has 65.35\% investment in indian stocks of which 35.55\% is in large cap stocks, 8.73\% is in mid cap stocks, 19.22\% in small cap stocks.