<ul data-eligibleForWebStory="true">PPFAS Flexi Cap Fund has become synonymous with the flexi-cap category, with milestone AUM surpassing Rs 1 lakh crore.PPFAS's genesis principle was to create a mutual fund scheme compelling enough for its creators to invest in and recommend confidently.Their investment philosophy focuses on downside protection, compounding, and returns over a cycle, not just beating the index.The team takes a diligent research-driven approach for opportunities and cash calls in the market.PPFAS emphasizes global opportunities, value investing, and research-driven decisions for their extensive mandate.Their flexi-cap fund enables them to invest globally and identify undervalued opportunities like Google and Amazon.In terms of debt, PPFAS strategically deploys funds in money markets and holds exposure to real estate through REITs for potential gains.