Flexi Cap Fund · head to head · AMFI NAVs
ICICI Prudential Flexi Cap Fund vs Parag Parikh Flexi Cap Fund: SIP returns compared
Same ₹10,000 monthly SIP, same dates, Direct plans: over the last 5 years ICICI Prudential Flexi Cap Fund is worth ₹8.32 L (XIRR 13.5%) and Parag Parikh Flexi Cap Fund ₹7.71 L (XIRR 10.3%) — ICICI Prudential Flexi Cap Fund ahead by ₹61,385. Across every 3-year SIP since Aug 2021, ICICI Prudential Flexi Cap Fund finished ahead in 16 of 27 and Parag Parikh Flexi Cap Fund in 11.
Historical simulation on actual NAVs — not a forecast and not investment advice. Disclaimer
ICICI Prudential Flexi Cap Fund: invested — over — instalments; valued at NAV of —:
| Year | Invested | ICICI Prudential Flexi Cap Fund value | XIRR to date |
|---|
₹10,000 a month in each: what it became
Each row is a monthly SIP ending today (1 Oct 2026), Direct plans. Post-tax assumes everything is redeemed today with no other capital gains this year.
| SIP period | Invested | ICICI Prudential Flexi Cap Fund | XIRR | Parag Parikh Flexi Cap Fund | XIRR | Post-tax (both) |
|---|---|---|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1.21 L | 2.5% | ₹1.16 L | -7.7% | ₹1.21 L / ₹1.16 L |
| 3 years | ₹3,60,000 | ₹4.02 L | 7.7% | ₹3.74 L | 2.7% | ₹4.01 L / ₹3.74 L |
| 5 years | ₹6,00,000 | ₹8.32 L | 13.5% | ₹7.71 L | 10.3% | ₹8.19 L / ₹7.65 L |
Every 3-year SIP, head to head
We started the same SIP in both funds in every month both have NAVs for — 27 SIPs, the first starting Aug 2021. ICICI Prudential Flexi Cap Fund finished ahead in 59% of them; the median gap was 0.6 percentage points a year in ICICI Prudential Flexi Cap Fund's favour.
Downside on the same dates: ICICI Prudential Flexi Cap Fund's worst 3-year SIP returned 6.1% a year (started Apr 2023) and 0 of 27 lost money; Parag Parikh Flexi Cap Fund's worst returned 3.3% (started Oct 2023) and 0 lost money.
XIRR of every 3-year monthly SIP by the month it started. Gap = ICICI Prudential Flexi Cap Fund minus Parag Parikh Flexi Cap Fund, percentage points a year.
| Window | SIPs compared | Ahead (ICICI / Parag) | Median gap | Worst gap | Best gap |
|---|---|---|---|---|---|
| 3-year SIPs | 27 | 59% / 41% | +0.6 pp | -6.5 ppstarted Mar 2022 | +7.4 ppstarted Sep 2023 |
Against an index fund, and the cost of the Regular plan
- ICICI Prudential Flexi Cap Fund beat a plain Nifty 500 index fund in 100% of 27 rolling 3-year SIPs (median gap +4.8 pp a year) — ICICI Prudential Flexi Cap Fund vs Nifty 500 index fund.
- ICICI Prudential Flexi Cap Fund: the Regular plan of the same 5-year SIP ended ₹22,486 below Direct.
- Parag Parikh Flexi Cap Fund beat a plain Nifty 500 index fund in 94% of 49 rolling 3-year SIPs (median gap +3.4 pp a year) — Parag Parikh Flexi Cap Fund vs Nifty 500 index fund.
- Parag Parikh Flexi Cap Fund: the Regular plan of the same 10-year SIP ended ₹1,36,824 below Direct.
Questions
Which has given better SIP returns, ICICI Prudential Flexi Cap Fund or Parag Parikh Flexi Cap Fund?
Over the last 5 years a ₹10,000 monthly SIP (Direct plans) is worth ₹8.32 L in ICICI Prudential Flexi Cap Fund (XIRR 13.5%) and ₹7.71 L in Parag Parikh Flexi Cap Fund (XIRR 10.3%). Past returns don't tell you which will do better next.
Has ICICI Prudential Flexi Cap Fund beaten Parag Parikh Flexi Cap Fund consistently?
In 59% of 27 rolling 3-year SIPs started on the same dates (from Aug 2021), ICICI Prudential Flexi Cap Fund ended ahead of Parag Parikh Flexi Cap Fund (Direct plans). The median difference was +0.6 percentage points a year.
Where does this data come from?
Official daily NAVs published by AMFI. SIP instalments fall on the first business day of each month; both funds are compared on identical dates. Updated monthly.
Comparison on official AMFI NAVs, SIP on the first business day of each month, identical dates for both funds. It shows what happened, not which fund to buy — past performance does not indicate future returns. sipcalculatorhub.com is not a SEBI-registered investment adviser. Methodology.
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