What is Parag Parikh's long-term Equity fund & good to invest in?

Parag Parikh Long Term Equity Fund now converted to Parag Parikh Flexi Cap Fund belongs to the newly introduced (Flexi Cap) category under equity schemes. Flexi Cap Funds have the liberty to invest across the market capitalization, same as the erstwhile feature of Multi-Cap funds.

Thus Parag Parikh Flexi Cap Fund invests in companies across the market capitalization with a higher inclination towards large-cap companies. This scheme also offers a very unique benefit of geographical diversification by investing up to one-third of the total corpus in overseas equities. Thus it not only provides an opportunity to take exposure in overseas markets but also brings an additional dimension of diversification.

Investors with a very high-risk appetite and an investment horizon of at least 5 years can consider this scheme if it fits in their current investment structure. However, it is very important for potential investors to undergo a comprehensive risk profiling exercise and invest according to their risk appetite, investment horizon, and long-term realistic financial goals of life.

You can get more through the link - https://mf.indiainfoline.com/MFOnline/FundSnapshot