Your Parag Parikh Flexi Cap holding returned +5.2% this quarter, outperforming its Nifty 500 TRI benchmark by +210 bps and the Flexi Cap category median by +140 bps1. The fund's overweight in IT services and selective exposure to global tech (Alphabet, Meta) drove most of the upside2.
Key behavioural notes: cash level has stayed at 14% — above the 11% category average — which is consistent with the fund's value discipline3. Portfolio churn remained low (3.8% over the quarter) suggesting the manager continues to hold conviction names4.
For context, your specific position has gained ₹47,840 in absolute terms this quarter against your invested cost. This puts your holding's all-time XIRR at +19.4%5.
What this means for you: the fund is doing what it was selected to do. There's nothing in the data that signals you should change anything. We'll review again in your quarterly call with Priya on 11 Apr.
Advisory framing: This is information and analysis to support a conversation with your registered RIA. Past performance is not indicative of future returns. BYLD does not recommend you buy, hold, or sell any specific security based on this. SEBI · INA000123456.