Markets / Mutual funds / Flexi Cap
PPFAS Mutual Fund · Equity fund · Direct plan · IDCW
The investment objective of the Scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities, foreign equities and related instruments and debt securities.
Bars: this plan; the thin mark is the Flexi Cap average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.0 | +0.6 | +0.2 | |||||||||
| 2026 | -1.7 | -1.7 | -6.8 | +6.6 | -1.3 | -0.2 | +2.5 | -1.4 | -2.1 | +0.4 | +3.9 |
Each month's change in NAV (the current month to the latest NAV).
Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.
| Share of fund | 30 Sept 2026 | 31 Aug 2026 | Change |
|---|---|---|---|
| Stocks held | 85.4% | 84.1% | +1.27 |
| Short positions | -0.2% | -1.4% | +1.21 |
| Money market | 3.9% | 5.9% | -2.04 |
| Cash & others | 10.7% | 10.0% | +0.77 |
| Top 10 stocks | 51.0% | 51.0% | +0.05 |
| Number of stocks | 56 | 60 | -4 |
Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.
| Holding | % of fund |
|---|---|
| HDFC Bank Limited INE040A01034 | 7.75% |
| Power Grid Corporation of India Limited INE752E01010 | 5.60% |
| ITC Limited INE154A01025 | 5.49% |
| Coal India Limited INE522F01014 | 5.39% |
| ICICI Bank Limited INE090A01021 | 5.24% |
| Bajaj Holdings & Investment Limited INE118A01012 | 4.96% |
| Kotak Mahindra Bank Limited INE237A01036 | 4.44% |
| Alphabet Inc A US02079K3059 | 4.29% |
| HCL Technologies Limited INE860A01027 | 3.96% |
| Mahindra & Mahindra Limited INE101A01026 | 3.89% |
| Infosys Limited INE009A01021 | 2.93% |
| Bharti Airtel Limited INE397D01024 | 2.91% |
| Axis Bank Limited INE238A01034 | 2.85% |
| Meta Platforms Registered Shares A US30303M1027 | 2.83% |
| Tata Consultancy Services Limited INE467B01029 | 2.50% |
| Microsoft Corp US5949181045 | 2.48% |
| DLF Limited INE271C01023 | 2.45% |
| Maruti Suzuki India Limited INE585B01010 | 2.40% |
| Amazon Com Inc US0231351067 | 2.30% |
| Zydus Lifesciences Limited INE010B01027 | 1.54% |
| Cipla Limited INE059A01026 | 1.33% |
| Dr. Reddy's Laboratories Limited INE089A01031 | 1.23% |
| Indraprastha Gas Limited INE203G01027 | 1.22% |
| Zydus Wellness Limited INE768C01028 | 0.78% |
| Indian Energy Exchange Limited INE022Q01020 | 0.62% |
| Petronet LNG Limited INE347G01014 | 0.60% |
| EID Parry India Limited INE126A01031 | 0.52% |
| Mahanagar Gas Limited INE002S01010 | 0.29% |
| Reliance Industries Limited INE002A01018 | 0.29% |
| Bajaj Finance Limited INE296A01032 | 0.26% |
| Narayana Hrudayalaya Limited INE410P01011 | 0.25% |
| Central Depository Services (India) Limited INE736A01011 | 0.20% |
| Indus Towers Limited INE121J01017 | 0.18% |
| CIE Automotive India Limited INE536H01010 | 0.17% |
| CMS Info System Limited INE925R01014 | 0.15% |
| Sun Pharmaceutical Industries Limited INE044A01036 | 0.12% |
| Maharashtra Scooters Limited INE288A01013 | 0.10% |
| Canara Bank INE476A01022 | 0.09% |
| Divi's Laboratories Limited INE361B01024 | 0.09% |
| ICRA Limited INE725G01011 | 0.08% |
| Titan Company Limited INE280A01028 | 0.08% |
| State Bank of India INE062A01020 | 0.08% |
| UltraTech Cement Limited INE481G01011 | 0.06% |
| Hindustan Aeronautics Limited INE066F01020 | 0.05% |
| Hindalco Industries Limited INE038A01020 | 0.05% |
| Tata Steel Limited INE081A01020 | 0.05% |
| Oil & Natural Gas Corporation Limited INE213A01029 | 0.05% |
| Hindustan Unilever Limited INE030A01027 | 0.04% |
| Nesco Limited INE317F01035 | 0.03% |
| IndusInd Bank Limited INE095A01012 | 0.03% |
| TVS Motor Company Limited INE494B01023 | 0.03% |
| Eicher Motors Limited INE066A01021 | 0.03% |
| Grasim Industries Limited INE047A01021 | 0.02% |
| Swaraj Engines Limited INE277A01016 | 0.01% |
| Bajaj Finserv Limited INE918I01026 | 0.01% |
| JSW Steel Limited INE019A01038 | 0.01% |
| Holding | % of fund |
|---|---|
| Net Receivables / (Payables) | -0.23% |
| Holding | % of fund |
|---|---|
| TRP_011026 | 4.09% |
| Embassy Office Parks REIT INE041025011 | 2.49% |
| Knowledge Realty Trust INE1JAR25012 | 2.18% |
| Brookfield India Real Estate Trust INE0FDU25010 | 1.60% |
| Parag Parikh Liquid Fund- Direct Plan- Growth INF879O01068 | 0.60% |
| Canara Bank (18/12/2026) INE476A16F78 | 0.31% |
| Export Import Bank of India (14/12/2026) INE514E14TQ3 | 0.31% |
| 364 Days Tbill (MD 15/10/2026) IN002025Z294 | 0.24% |
| Kotak Mahindra Bank Limited (18/12/2026) INE237AD6109 | 0.21% |
| Indian Bank (22/01/2027) INE562A16QG2 | 0.20% |
| Punjab National Bank (01/10/2026) # INE160A16VR2 | 0.17% |
| National Bank For Agriculture and Rural Development (19/01/2027) INE261F16AE9 | 0.17% |
| Export Import Bank of India (10/12/2026) INE514E14TW1 | 0.17% |
| National Bank For Agriculture and Rural Development (14/01/2027) INE261F16AD1 | 0.15% |
| Small Industries Dev Bank of India (13/10/2026) INE556F16BL5 | 0.14% |
| Canara Bank (11/11/2026) INE476A16E38 | 0.14% |
| Kotak Mahindra Bank Limited (08/01/2027) INE237AD6117 | 0.14% |
| Bajaj Finance Limited (26/10/2026) INE296A14I67 | 0.14% |
| 364 Days Tbill (MD 15/01/2027) IN002025Z419 | 0.14% |
| ICICI Bank Limited (27/01/2027) INE090AD6279 | 0.13% |
| National Bank For Agriculture and Rural Development (22/01/2027) INE261F16AF6 | 0.10% |
| National Bank For Agriculture and Rural Development (28/01/2027) INE261F16AH2 | 0.10% |
| Small Industries Dev Bank of India (10/11/2026) INE556F16BR2 | 0.07% |
| HDFC Bank Limited (13/11/2026) INE040A16HW5 | 0.07% |
| HDFC Bank Limited (22/01/2027) INE040A16IK8 | 0.07% |
| Bank of Baroda (04/02/2027) INE028A16LF7 | 0.07% |
| Bank of Baroda (05/02/2027) INE028A16LH3 | 0.07% |
| Indian Oil Corporation Limited (08/12/2026) INE242A14ZC6 | 0.07% |
| Bharat Petroleum Corporation Limited (11/12/2026) INE029A14BY2 | 0.07% |
| ICICI Securities Limited (11/12/2026) INE763G14N92 | 0.07% |
| 364 Days Tbill (MD 01/07/2027) IN002026Z136 | 0.07% |
| Sundaram Finance Limited (17/08/2027) INE660A14ZE5 | 0.06% |
| Axis Bank Limited (27/11/2026) INE238AD6BP3 | 0.03% |
| Punjab National Bank (05/02/2027) INE160A16UE2 | 0.03% |
| Small Industries Dev Bank of India (11/06/2027) # INE556F16CE8 | 0.03% |
| Bajaj Finance Limited (04/11/2026) INE296A14D13 | 0.03% |
| Power Finance Corporation Limited (18/11/2026) INE134E14AZ1 | 0.03% |
| Bank of Baroda (25/11/2026) INE028A16KK9 | 0.02% |
| Canara Bank (30/11/2026) INE476A16K06 | 0.02% |
| Bank of Baroda (07/12/2026) INE028A16MQ2 | 0.02% |
| Bajaj Finance Limited (27/08/2027) INE296A14K48 | 0.01% |
From the fund house's monthly portfolio (amc.ppfas.com), as on 30 Sept 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.
Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 Oct 2025).
The ranges the fund is allowed to hold, not what it holds today.
| Fund size (average AUM, July - September 2026) | ₹1,47,064 cr across all plans · this plan ₹39.19 cr |
| Fund house | PPFAS Mutual Fund |
| Category | Equity · Flexi Cap |
| Plan | Direct |
| Option | IDCW |
| Expense ratio (TER) | Direct 0.68% · Regular 1.29% (5 Nov 2026) |
| Exit load | In respect of each purchase / switch-in of Units, 10% of the units (the limit) may be redeemed without any exit load from the date of allotment.Any redemption or switch-out in excess of the limit shall be subject to the following exit load:2.00% if the investment is redeemed on or before 365 days from the date of allotment of units. 1.00% if the investment is redeemed after 365 days but on or before 730 days from the date of allotment of units. No Exit Load will be charged if investment is redeemed after 730 days from the date of allotment of units. No exit load will be charged, in case of switch transactions between Regular Plan and Direct Plan of the Scheme for existing as well as prospective investors. |
| Minimum investment | ₹1,000 · additional ₹1,000 |
| Scheme code (AMFI) | 153964 |
| NAV date | 5 Nov 2026 |
Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.
| Plan | NAV | 1 year |
|---|---|---|
| Direct · Growth | ₹92.7055 | -1.20% |
| Regular · Growth | ₹84.3793 | -1.81% |
| Regular · IDCW | ₹84.3793 | -1.81% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| ITI Flexi Cap Fund | +13.32% | +20.00% |
| Invesco India Flexi Cap Fund | +4.43% | +18.49% |
| Motilal Oswal Flexi Cap Fund | +2.50% | +18.17% |
| Bajaj Finserv Flexi Cap Fund | +5.25% | +17.37% |
| HDFC Flexi Cap Fund | +2.04% | +17.36% |
| ICICI Prudential Flexi Cap fund | +5.14% | +16.87% |
| Aditya Birla Sun Life Flexi Cap Fund | +6.49% | +16.58% |
| Quant Flexi Cap Fund | +10.44% | +16.47% |
Information only, not investment advice.
₹92.7056 as of 5 Nov 2026, from AMFI's official NAV data.
1 year: -1.20%
Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.