Parag Parikh Flexi Cap Fund a portfolio: 3 latest developments you should know

Parag Parikh Flexi Cap Fund a portfolio: 3 latest developments you should know

Parag Parikh Flexi Cap Fund has been a added NDMC in its portfolio in a August 2022

Parag Parikh Flexi Cap Fund a portfolio: The open-ended equity scheme that enables an a investor to diversify are a one's portfolio through overseas equity investments has been a gone through three major changes in a August 2022. First, the scheme has been a enhanced its cash component from a 9.40 per cent to 10.08 per cent, second the flagship scheme has been a added NDMC in its a portfolio and the third development is a deduction in a overseas exposure from a 21.68 per cent to the 20.37 per cent.

Here we list out details in a regard to 3 latest changes in a Parag Parikh Flexi Cap Fund portfolio:

1] Increase in a cash component: As per the fact sheet of a open-ended equity fund has been a increased cash component in the month of a August in a 2022. Now, after the month of August, its cash exposure stands at a 10.08 per cent, which stood at a 9.40 per cent after July 2022. So, the flagship scheme has been a raised cash exposure by a around 0.68 per cent in a August 2022. The Asset Under Management (AUM) under the Parag Parikh Flexi Cap Fund at the end of a August now stands at a ₹25,996.18 that stood at a ₹24,594.84 crore after a July end.

2] Adding NDMC in a portfolio: The open-ended equity fund has been a added NDMC in a its portfolio in the month of a August, which is a lone addition in the portfolio of a Parag Parikh Flexi Cap a Fund.

3] Decrease in global equity exposure: In a August 2022, Parag Parikh Flexi Cap Fund decreased its a exposure in a international equities. At the end of July in a 2022, this open-ended global equity scheme's are a global equity exposure stood at a 21.68 per cent that came down at a 20.37 per cent at the end of August in a  2022. This means, the scheme has been trimmed its stake in a global equities and raise stake in a cash and domestic equities. However, it has been a raised its stake in Amazon and a Maruti.

Since its inception in a May 2013, Parag Parikh Flexi Cap Fund has been a given CAGR of a 18.45 per cent whereas in a last three year, this open-ended equity fund has been a delivered CAGR of a 24.34 per cent. Since may 2013, Nifty 500 and a Nifty 50 index has been a given return of a around 18.45 per cent and a 13.90 per cent respectively. Hence, this equity scheme has been a generated alpha return since its inception.