Taxation of Parag Parikh Flexi Cap Fund (PPFCF)

Sat, 16 May 2026 00:00:00 +0000

The taxation of the Parag Parikh Flexi Cap Fund (PPFCF) is governed by the equity-oriented mutual fund tax regime under the Income-tax Act, 1961, as the scheme maintains a minimum 65 per cent Indian equity allocation that satisfies the statutory definition of an equity-oriented fund. Capital gains on PPFCF units accordingly fall under Section 112A for long-term capital gains (LTCG) and Section 111A for short-term capital gains (STCG), and not under the residual capital-gains provisions that apply to debt-oriented mutual funds or international fund-of-fund schemes.

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Taxation of Parag Parikh Flexi Cap Fund (PPFCF)