Parag Parikh Flexicap Fund’s Size, Performance and Investor Options Parag Parikh Flexicap Fund’s Size, Performance and Investor Options By Vaibhav Purohit on August 11, 2026 The Parag Parikh Flexicap fund, India’s largest equity mutual fund, faces a sideways large‑cap market and mixed returns, prompting investors to consider staying put, switching funds, or moving to index strategies.