Parag Parikh Flexi Cap Fund | HDFC Flexi Cap Fund

It’s the IPL season. Some fans back Dhoni, while others back Kohli. Just like this, two titans in the mutual fund world are fighting, namely HDFC Flexi Cap Fund and Parag Parikh Flexi Cap Fund.

Both these funds are equally rated by experts as well as show good returns over time. But if you are a long-term investor, the actual question is which of these funds should you allocate to your portfolio?

We will break down everything in this blog in comparison with a side-by-side comparison as your guide to making an informed decision.

What are Flexi Cap Funds?

Flexi is nothing but flexible. Flexi Cap Funds are equity mutual funds that can invest across large-cap, mid-cap, and small-cap stocks without any restrictions. That freedom gives the fund manager of Flexi Cap to adapt the portfolio as market conditions change.

Train them to be intelligent all-rounders in cricket - opening in some matches, sometimes stabilizing the middle, and sometimes finishing strong.

Flexi Cap Funds are appropriate for long-term investors looking for intelligent and adaptable growth since, in accordance with SEBI law, they must contain at least 65% of their assets in equity or equity-related products.

HDFC Flexi Cap Fund vs Parag Parikh Flexi Cap Fund: Detailed Comparison

The table below depicts the broader comparison of these two funds, including one of the most important factors, like HDFC Flexi Cap Fund NAV and Parag Parikh Flexi Cap Fund NAV.

(NAV is as of 23 April 2025)

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What Should You Choose Based on Your Goals?

Risk & Return Summary

• Parag Parikh has lower volatility (standard deviation and beta), which gives it more stability.

• HDFC has higher risk-adjusted returns (Sharpe and Sortino Ratios) and so would appeal to higher risk-takers.

• Parag Parikh has a lower portfolio turnover, indicating a buy and hold style.

• The portfolio share overlap is only ~32%, which allows you to invest in both of them and gain better diversification without too much duplication.

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Conclusion

HDFC Flexi Cap Fund is a strong performer, as is Parag Parikh Flexi Cap Fund, but both have very different philosophies:

Parag Parikh Flexi Cap could suit you well if you : 

• Believe in long-term value investing

• Want world exposure

• Like a more settled and lower-risk portfolio

HDFC Flexi Cap Fund could suit you well if you : 

• Want pure Indian equity exposure

• Seek greater short-term growth 

• Like a more active, high-conviction Indian equity strategy.

Or rather, both to get the best of both options- Incredible Indian growth + global diversification! 

Disclaimer: No buy or sell recommendation is given. No investment advice is given. This mutual fund analysis is only for educational purposes and should not be considered as any type of advice or suggestion. Always discuss with an eligible financial advisor before investment decision.