Flexi Cap Funds on WebNotes

Parag Parikh Flexi Cap Fund

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

The Parag Parikh Flexi Cap Fund (commonly PPFCF) is the flagship equity mutual fund scheme of PPFAS Mutual Fund , formally an open-ended equity-oriented mutual fund scheme of the Flexi Cap category under the SEBI Mutual Funds Regulations 1996 framework. PPFCF was launched on 24 May 2013 by PPFAS Asset Management Private Limited and has been continuously managed by Rajeev Thakkar (Chief Investment Officer of PPFAS Mutual Fund) since its launch, with Raunak Onkar (Head of Research) and Raj Mehta (debt and overseas allocation) as co-fund managers.

PPFCF vs HDFC Flexi Cap Fund

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

The Parag Parikh Flexi Cap Fund (PPFCF) and the HDFC Flexi Cap Fund are the two largest schemes in the flexi cap mutual fund category in India, between them accounting for a material share of the category’s industry-wide assets under management . Both schemes operate under the flexi cap categorisation created by SEBI in November 2020, which permits a fund to invest across large, mid, and small market-capitalisation segments without any minimum allocation constraint to any single segment, subject only to a minimum 65 per cent in equity and equity-related instruments. Despite operating under the same regulatory category, the two schemes differ materially in investment philosophy, portfolio construction, international allocation, fund manager tenure, distribution architecture, and the way each AMC interprets the flexi cap freedom.

PPFCF vs Kotak Flexi Cap Fund

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

The Parag Parikh Flexi Cap Fund (PPFCF) and the Kotak Flexi Cap Fund are two of the larger schemes in the flexi cap mutual fund category in India. While both schemes operate under the SEBI flexi cap categorisation created in November 2020, the two represent fundamentally different orientations within the category. PPFCF, the flagship scheme of PPFAS Mutual Fund , is an explicit value-investing scheme with a doctrinal commitment to international diversification and a focused portfolio of approximately 25 to 37 stocks. The Kotak Flexi Cap Fund, managed by Kotak Mahindra Mutual Fund , is a growth-at-reasonable-price scheme with a domestic-only mandate and a broader portfolio of approximately 50 to 65 stocks.

PPFCF vs Quant Flexi Cap Fund

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

The Parag Parikh Flexi Cap Fund (PPFCF) and the Quant Flexi Cap Fund are two schemes within the SEBI flexi cap mutual fund category that operate at opposite ends of the investment-philosophy spectrum. PPFCF, managed by PPFAS Mutual Fund , is a long-term value-investing scheme with a focused portfolio of 25 to 37 stocks and a portfolio turnover ratio consistently below 25 per cent annually. The Quant Flexi Cap Fund, managed by Quant Mutual Fund , is a quantitative-momentum-driven scheme with substantially higher portfolio turnover, often exceeding 200 to 400 per cent annually, and rapid sector and stock rotation in response to changing momentum signals.

PPFCF vs SBI Flexi Cap Fund

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

The Parag Parikh Flexi Cap Fund (PPFCF) and the SBI Flexi Cap Fund represent two structurally different schemes within the same SEBI flexi cap mutual fund category. PPFCF, the flagship scheme of PPFAS Mutual Fund , is a focused value-investing scheme of approximately 25 to 37 stocks with the regulatory permission to allocate up to 35 per cent of net assets to overseas-listed equities. The SBI Flexi Cap Fund, managed by SBI Mutual Fund (India’s largest AMC by AUM), is a domestic-only diversified scheme with a broader portfolio of approximately 55 to 75 stocks across large, mid, and small market-capitalisation segments.

PPFCF vs the multi-cap category

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

The Parag Parikh Flexi Cap Fund (PPFCF) sits in the flexi cap mutual fund category, while the multi-cap mutual fund category is a separate SEBI-defined category with a structurally different allocation mandate. The distinction between flexi cap and multi cap is a function of SEBI circulars issued in September and November 2020 that fundamentally altered how mutual fund schemes can allocate across large, mid, and small market-capitalisation segments. PPFCF, the flagship scheme of PPFAS Mutual Fund , was reclassified into the flexi cap category on 13 January 2021 in direct response to the new category creation.