Less risk, high return is a favorite combo (but an oxymoron mostly) for any investor. But the Parag Parikh Flexi Cap Fund – Direct Plan is just that kind of a Mutual Fund Scheme that gives a high yield, with little or no intervention from investors.
It has literally more than doubled my money in 3 years time (1 Lakh investment grew to 2.31 Lakhs in 3 years) and looking at a 1 year timeframe , it has grown to 1.5 Lakhs (from 1 Lakh). While I would not like to make you believe that this is a magic scheme, we can surely see that the returns speak fro themselves and we get more than the typical returns from a mutual fund.
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. CAUTION – But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund which means that the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains.
The fund’s portfolio includes companies including Alphabet Inc., Microsoft, Amazon.com, ITC, Oracle, Mphasis Tech., SUn Pharma, HDFC Bank etc.
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