Enjoy the benefit of Multiple Capitalizations with Parag Parikh Flexi Cap Fund

 Flexi cap mutual funds allow investors to park their money in stocks from different market capitalizations, such as large cap, mid cap and small cap. Thus, these mutual fund schemes have the stability of bluechip stocks, alongside the massive growth potential of small and mid-cap securities. Amongst the most popular and best performing of such mutual fund schemes is Parag Parikh Flexi Cap Fund. It is an open-ended scheme with a fund size of over 24000 crores. Let us take a look at the many features of the Parag Parikh Flexi Cap Fund below. 

Returns

Parag Parikh Flexi Cap Fund has bestowed incredible returns on investors over the past years. Three years’ returns for the fund stand at a whopping 25 percent. Moreover, five-year returns for this mutual fund scheme stand at 17.5 percent. Thus, investors have created great wealth through Parag Parikh Flexi Cap Mutual Fund scheme in the past few years. 

Investment Details

You can choose to invest a lump sum or go for regular monthly investments through systematic investment plan (SIP). The minimum application amount for lump sum is Rs. 1000 and any addition in the multiples of 1 thereafter. The minimum additional amount after the initial amount is also Rs. 1000 and in multiples of 1, thereafter. Moreover, the minimum amount for monthly SIP investments is also Rs. 1000 and in multiples of 1 after that. 

Taxation 

In case you sell your Parag Parikh Flexi Cap Fund units within one year, then your gains are treated as STCG or Short-term capital gains and taxed at 15% rate. If you sell the units after one year of buying, then the gains of up to Rs. 1 lac are tax free and any additional gains thereafter are taxed at 15%. 

Who should invest in Parag Parikh Flexi Cap Fund?

Anyone who wishes to beat the inflation rate and get returns much higher than fixed income instruments can invest their money in Parag Parikh Flexi Cap Fund. This mutual fund scheme is ideal for those who want to invest their savings for a period of five years or more. 

Mutual funds are a remarkable tool to create wealth over a long period of time. People in India are quickly learning this fact, and as a result, the number of mutual fund investors in India have skyrocketed in the past few years. This is a great chance for you to create great wealth for yourself and your loved ones with Parag Parikh Flexi Cap Fund. Start investing today and move towards financial freedom.


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