Fundalysisby DARKHORSESTOCKS

Scheme

Parag Parikh Large Cap Fund

Holds 101 companies worth ₹862 Cr in Sept 2026.

  • Fund house

    PPFASThe fund house that runs this scheme.

  • AUM

    ₹866 CrParag Parikh Large Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 0.7% on Aug 2026, ₹860 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 8.4% of this scheme's NAV.

  • Fund manager

    Raj MehtaRuns it since 4 Feb 2026, as the fund house dates it. With Rajeev Thakkar (fund manager), Raunak Onkar (fund manager), Rukun Tarachandani (fund manager), Aishwarya Dhar (fund manager), Tejas Soman (fund manager).

Overview(6 Oct 2026)

Fund managers6

  1. Raj MehtaFund manager, equity · Feb 2026 · 13y · CA CFA M.Com B.Com
  2. Rajeev ThakkarFund manager, equity · Feb 2026 · 25y · CA CFA CMA B.Com
  3. Raunak OnkarFund manager, equity · Feb 2026 · 14y · MMS
  4. Rukun TarachandaniFund manager, equity · Feb 2026 · 11y · CFA B.Tech
  5. Aishwarya DharFund manager, debt · Feb 2026 · 14y · MBA
  6. Tejas SomanFund manager, debt · Feb 2026 · 13y

    Key facts

    Benchmark
    NIFTY100(TRI)
    Risk
    Very High
    Expense
    Regular 0.72% · Direct 0.32%
    Exit load
    Nil
    Started
    4 Feb 2026
    Minimum
    ₹1,000

    Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

    What changed(39 changes)

    Oct 2026

    1 change
    1. Expense ratio
      6 OctRegular 0.73% → 0.72%Direct 0.33% → 0.32%

    Sept 2026

    1 change
    1. Expense ratio
      8 SeptRegular 0.76% → 0.73%Direct 0.36% → 0.33%

    Aug 2026

    1 change
    1. Expense ratio
      3 AugRegular 0.56% → 0.76%Direct 0.16% → 0.36%

    Source.Its filings at NSE, since Feb 2026.

    Fund managers over time(Feb 2026 – now)

    1. Raj Mehta
    2. Rajeev Thakkar
    3. Raunak Onkar
    4. Rukun Tarachandani
    5. Aishwarya Dhar
    6. Tejas Soman
    MainCoSlice
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Feb 2026 – Oct 2026)

    Every change to the expense ratio, newest first.
    40 changesRegularDirectΔ pt
    6 Oct 20260.72%0.32%0.01
    8 Sept 20260.73%0.33%0.03
    3 Aug 20260.76%0.36%0.20
    21 Jun 20260.56%0.16%0.10
    18 Jun 20260.64%0.26%0.04
    17 Jun 20260.68%0.30%0.04
    15 Jun 20260.72%0.34%0.18
    14 Jun 20260.54%0.16%0.45
    10 Jun 20260.99%0.61%0.31
    8 Jun 20260.68%0.30%0.14
    7 Jun 20260.54%0.16%0.13
    3 Jun 20260.67%0.29%0.07
    1 Jun 20260.74%0.36%0.20
    28 May 20260.54%0.16%0.26
    26 May 20260.81%0.42%0.10
    25 May 20260.90%0.52%0.36
    24 May 20260.54%0.16%0.30
    21 May 20260.84%0.46%0.20
    20 May 20260.64%0.26%0.08
    19 May 20260.72%0.34%0.05
    18 May 20260.77%0.39%0.14
    17 May 20260.63%0.25%0.32
    13 May 20260.96%0.57%0.26
    11 May 20260.69%0.31%0.07
    7 May 20260.62%0.24%0.36
    6 May 20260.98%0.60%0.18
    4 May 20260.80%0.42%0.02
    3 May 20260.78%0.40%2.04
    28 Apr 20262.82%2.44%2.00
    27 Apr 20260.82%0.44%0.28
    26 Apr 20260.54%0.16%0.16
    23 Apr 20260.70%0.32%0.10
    22 Apr 20260.80%0.42%0.17
    20 Apr 20260.97%0.59%0.68
    15 Apr 20261.65%1.27%1.11
    14 Apr 20260.54%0.16%1.67
    8 Apr 20262.21%1.83%1.11
    6 Apr 20261.10%0.72%0.57
    18 Mar 20260.55%0.15%0.01
    11 Feb 20260.56%0.16%–
    Direct plan, 6 Oct 2026
    0.32%
    Regular plan 0.72% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(6 Oct 2026)

    Objective

    The investment objective of the Scheme is to generate long term capital appreciation and income distribution to investors by predominantly investing in equity and equity related instruments of large cap companies. However, there is no assurance that the investment objective of the Scheme will be achieved and the Scheme does not assure or guarantee any returns.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended equity scheme predominantly investing in large cap stocks.
    Benchmark
    NIFTY100(TRI)

    Asset allocation it may hold% of NAV

    1. Equity and Equity related securities of large cap companies
      Allowed80–100%Holds99.5%
    2. Equities & Equity related securities of other than large cap companies, equity & equity related securities of foreign Companies including Overseas Mutual Funds/ Overseas ETFs
      Allowed0–20%
    3. Money Market Instruments / InvITs / Gold ETFs / Silver ETFs / Other Liquid Instruments / Units of Domestic Mutual Funds
      Allowed0–20%

    Holds in Sept 2026.99.5% equity · 0.5% debt and cash

    How to invest(6 Oct 2026)

    Buying

    To start
    ₹1,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1
    Systematic
    SIP - Monthly/ Quarterly, SWP - Monthly, STP -Daily/Weekly/Fortnightly/Monthly/Quarterly
    Dates
    SIP - Any date within Month or Quarter (up to a maximum of 6 dates per application); STP - Daily- On all days between Monday to Friday, Weekly-Any day of the week, Fortnightly- Any date within 15 days, Monthly- Any date within Month (up to a maximum of 6 dates per application) and Quarterly-Any date within Quarter(up to a maximum of 6 dates per application); SWP - 1st, 5th,10th, 15th, 20th and 25th of every month as the SWP date ( in case the date selected falls on a non-business day, the transaction will be effected on the next business day of the scheme).
    Minimum
    SIP - Monthly: 1000 /Quarterly : 3000, SWP - Monthly : 1000, STP -Daily/Weekly/Monthly: 1000 Fortnightly:1500 /Quarterly : 3000, then sIP - 1, SWP - 1, STP - 1
    Instalments
    SIP - Monthly - 6; Quarterly - 4, SWP - Monthly - 12, STP - Daily/ Weekly/Monthly-6; Fortnightly / Quarterly - 4

    Selling and switching

    To redeem
    Rs. 1000 or account balance whichever is lower in respect of each option. or 1 Unit units
    Switch minimum
    Minimum Switch in - Rs. 1000 and in multiples of Re. 1 thereafter Minimum Switch Out -Rs. 1000 and in multiples of Re. 1 thereafter or Minimum Switch in: Nil (No such requirement for switch in unit as per Scheme Information Document (SID) of the scheme) Minimum Switch out : NA units
    Switch multiples
    In multiple of Re. 1

    Scheme details(6 Oct 2026)

    What it is

    Category
    Large Cap Fund
    Offer
    19 Jan 2026 to 30 Jan 2026
    Started
    4 Feb 2026
    Reopened
    6 Feb 2026
    Plans
    Regular Plan - Growth Option · Direct Plan - Growth Option · Regular Plan - Payout of IDCW Option · Direct Plan - Payout of IDCW Option · Regular Plan - Reinvestment of IDCW Option · Direct Plan - Reinvestment of IDCW Option.
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    Deutsche Bank AG
    Auditor
    M. M. Nissim & Co. LLP (Statutory Auditor)
    Registrar
    Computer Age Management Services Limited (CAMS)
    SEBI code
    PPFA/O/E/LCF/25/11/0007