Two of the largest Flexi Cap funds side by side: returns, risk, cost, size and what they hold. Prices as of 3 Nov 2026.
Past returns do not tell you future returns.
| Parag Parikh Flexi Cap Fund PPFAS | HDFC Flexi Cap Fund HDFC | |
|---|---|---|
| Returns | ||
| 1 year | -4.6% | -2.1% |
| 3 years, a year | +11.9% | +15.4% |
| 5 years, a year | +10.3% | +14.9% |
| Since launch, a year | +17.0% | +14.2% |
| 3-year rank in category | 16 of 36 | 4 of 36 |
| Benchmark, 3 years | +10.9% | +10.9% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 9.3% | 13.2% |
| Biggest fall, 3 years | -11.2% | -13.5% |
| Sharpe ratio, 3 years | 0.60 | 0.79 |
| Beta | 0.59 | 0.79 |
| Alpha, a year | +3.0% | +5.6% |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.30% | 1.35% |
| Money in the fund | ₹1.48 lakh cr | ₹1.11 lakh cr |
| Running for | 13.5 years | 31.8 years |
| Minimum SIP | ₹1,000 | ₹100 |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
Past returns do not indicate future returns. Each fund page has the full detail.
The five largest holdings of each, from the latest monthly portfolios
Overlap is the part of the two portfolios that is the same, by weight: 100% would be identical.
What they share, by industry and sector
| Holding | PPFAS | HDFC |
|---|---|---|
| HDFC Bank Limited | 7.8% | 6.0% |
| ICICI Bank Limited | 5.2% | 8.8% |
| Kotak Mahindra Bank Limited | 4.4% | 3.4% |
| Axis Bank Limited | 2.9% | 6.1% |
| Bharti Airtel Limited | 2.9% | 2.6% |
| HCL Technologies Limited | 4.0% | 2.4% |
| Maruti Suzuki India Limited | 2.4% | 2.6% |
| Power Grid Corporation of India Limited | 5.6% | 2.1% |
| Cipla Limited | 1.3% | 2.5% |
| Embassy Office Parks REIT | 2.5% | 0.6% |
Both are Flexi Cap funds, from PPFAS and HDFC. Parag Parikh Flexi Cap Fund manages ₹1.48 lakh cr and HDFC Flexi Cap Fund ₹1.11 lakh cr. The table on this page sets out their returns, risk, costs and holdings side by side.
Parag Parikh Flexi Cap Fund, at 1.30% a year, against 1.35% for HDFC Flexi Cap Fund.
Over three years, Parag Parikh Flexi Cap Fund returned +11.9% a year and HDFC Flexi Cap Fund +15.4% a year. Over one year they returned -4.6% and -2.1%. Past returns do not indicate future returns.
They hold 30.3% of the same investments, 46.8% of the same industries and 54.7% of the same sectors, by weight, in their latest monthly portfolios.
To set a third or fourth fund alongside, open these two in Compare and add more.