Cloning The Parag Parikh Flexi Cap Fund

A few months back, actually a year ago Sharat Chandra posted a tweet which caught our attention. It said in a single line “the Parag Parikh Flexi Cap Fund is a glorified asset allocator” Since inception it has annual returns of 19.32%(DIRECT PLAN) & 18.5%(REGULAR PLAN) (UNTIL 1-AUG-2022). Afterall, here’s a fund which has delivered yearly returns of 19% since inception and has been regularly featured in any list of India’s top 10 mutual funds. It’s a fund that manages Rs 22,000 crores in assets, practices the value style of investing and is the first scheme that comes to mind when we think of a hybrid domestic plus international investing strategy. The fund has done extremely well for its investors but according to Sharat Chandra and his analysis anyone can easily duplicate the performance of the Parag Parikh Flexi Cap Fund. Source ET Money, download the app here.