🔥 Parag Parikh Flexi Cap Fund Direct Growth: AUM Reaches ₹1.47 Lakh Crore with 11.98% 3-Year CAGR

📊 Daily Mutual Fund Briefing [17 SEP 2026]

📈 Key Stat: ₹1,47,405 Cr | Source: PPFAS Mutual Fund / AMFI / ET Money

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📋 1. FINANCIAL SUMMARY

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PPFAS Mutual Fund's flagship scheme, Parag Parikh Flexi Cap Fund (Direct Plan - Growth Option), continues to represent one of India's largest and most widely held active equity investment strategies, managing total scheme Assets Under Management (AUM) of ₹1,47,405 crore as of September 2026. The fund's Net Asset Value (NAV) stands at ₹89.31 as of September 15, 2026, operating with a competitive Direct Plan Total Expense Ratio (TER) of 0.69%. Since its inception in May 2013, the scheme has generated an annualized compound annual growth rate (CAGR) exceeding 19.5%, demonstrating robust multi-cycle wealth generation. Over medium-to-long horizons, the Direct Growth plan has recorded an audited 3-year CAGR of 11.98%