PPFCF International Allocation: Tax Implications

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

The international equity allocation of the Parag Parikh Flexi Cap Fund (PPFCF) carries significant tax implications under the Income-tax Act, 1961 , shaped principally by the 65 per cent Indian-equity threshold that the scheme must maintain to qualify as an equity-oriented mutual fund under Section 112A and Section 111A . PPFCF allocates up to 35 per cent of its assets to overseas listed equities (including Alphabet Inc., Microsoft Corporation, Amazon.com Inc., Meta Platforms Inc., and historically Berkshire Hathaway Class B), with the residual at least 65 per cent in Indian listed equities and a small debt-and-cash component.

International Equity Exposure on WebNotes

PPFCF International Allocation: Tax Implications