COMPARE
Parag Parikh Flexi Cap Fund - Direct Plan - Growth vs SBI Flexicap Fund - DIRECT PLAN - Growth Option
Parag Parikh Flexi Cap Fund and SBI Flexicap Fund are both in the Flexi Cap Fund category, from PPFAS Asset Management Pvt. Ltd. and SBI Funds Management Limited respectively. Parag Parikh Flexi Cap Fund has posted a higher 3-year rolling CAGR. Parag Parikh Flexi Cap Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Parag Parikh Flexi Cap Fund has the lower direct-plan expense ratio, by 0.56 percentage points.
| Parag Parikh Flexi Cap Fund - Direct Plan - Growth | SBI Flexicap Fund - DIRECT PLAN - Growth Option | |
|---|---|---|
| Category | Flexi Cap Fund | Flexi Cap Fund |
| AMC | PPFAS Asset Management Pvt. Ltd. | SBI Funds Management Limited |
| Benchmark | Nifty 500 TRI | BSE 500 |
| NAV | ₹88.8018 (2026-10-28) | ₹115.1995 (2026-10-28) |
| AUM | ₹1,46,988.06 Cr | ₹21,359.803 Cr |
| Expense Ratio (Direct) | 0.69% | 1.25% |
| Inception | 2013-05-13 | 2005-08-22 |
Returns
Parag Parikh Flexi Cap Fund leads on 3-year rolling CAGR (19.2% vs SBI Flexicap Fund's 15.3%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
SBI Flexicap Fund has been the more volatile of the two by standard deviation.
| Parag Parikh Flexi Cap Fund - Direct Plan - Growth | SBI Flexicap Fund - DIRECT PLAN - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.48 | -0.10 |
| 3Y Alpha | 3.9708% | -1.611% |
| 3Y Std Deviation | 9.7624% | 12.1689% |
| 3Y Calmar Ratio | 1.07 | 0.36 |
Portfolio Analytics
Parag Parikh Flexi Cap Fund carries the higher portfolio YTM.
| Parag Parikh Flexi Cap Fund - Direct Plan - Growth | SBI Flexicap Fund - DIRECT PLAN - Growth Option | |
|---|---|---|
| P/E Ratio | 17.4172 | 25.0152 |
| P/B Ratio | - | 6.656 |
| Dividend Yield | 2.3628% | 0.9238% |
| Active Share | 71.34% | 63.68% |
| Portfolio Turnover | 4290% | 131% |
| YTM | 5.5147% | 5.3586% |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Parag Parikh Flexi Cap Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Parag Parikh Flexi Cap Fund or SBI Flexicap Fund?
Parag Parikh Flexi Cap Fund's 3-year rolling CAGR of 19.2% is higher than SBI Flexicap Fund's 15.3%. Parag Parikh Flexi Cap Fund sits in the 83rd percentile of its category on this metric, versus the 31st percentile for SBI Flexicap Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Parag Parikh Flexi Cap Fund or SBI Flexicap Fund?
Parag Parikh Flexi Cap Fund's direct-plan expense ratio is 0.56 percentage points lower than SBI Flexicap Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Parag Parikh Flexi Cap Fund or SBI Flexicap Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), SBI Flexicap Fund has been more volatile than Parag Parikh Flexi Cap Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.48 for Parag Parikh Flexi Cap Fund vs -0.10 for SBI Flexicap Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Parag Parikh Flexi Cap Fund or SBI Flexicap Fund?
Parag Parikh Flexi Cap Fund has ₹1,46,988 Cr in assets under management, versus ₹21,360 Cr for SBI Flexicap Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Parag Parikh Flexi Cap Fund or SBI Flexicap Fund?
Parag Parikh Flexi Cap Fund's portfolio YTM (5.5147%) is higher than SBI Flexicap Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which fund has a longer track record, Parag Parikh Flexi Cap Fund or SBI Flexicap Fund?
SBI Flexicap Fund launched on 2005-08-22, making it older than Parag Parikh Flexi Cap Fund (launched 2013-05-13). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.