Parag Parikh Flexi Cap Fund: GIFT City sibling to invest in domestic scheme; check NFO dates, NRI, FII access and more
Mint · Sheetal Goel ·
Parag Parikh GIFT City has launched the Parag Parikh India Flexi Cap Fund, offering NRIs, OCIs, and eligible foreign investors access to the domestic Flexi Cap Fund. Here's how the feeder fund works, its investment rules, key features, NFO details, and what it could mean for domestic investors.
Parag Parikh Flexi Cap Fund, India's largest open-ended domestic equity scheme by assets under management (AUM), has launched its GIFT City sibling fund.
The new Parag Parikh India Flexi Cap Fund will provide FIIs and NRIs with a route to access the Indian equity market through the International Financial Services Centre (IFSC) at GIFT City.
According to a post on X by PPFAS GIFT, the new fund offer (NFO) opens today, 6 November, and will close on 27 November 2026. An NFO is the initial subscription period during which investors can apply for units of a newly launched fund. Here is what investors need to know about the new scheme and how it differs from the domestic fund.