Is Parag Parik Flexicap slowly turning into a Cult?

Value investing is a tricky topic. People get triggered easily, but it's an important topic. But mostly a good mutual fund AMC is unheard of. PPFAS is good, but nothing that other AMC or fund isn't able to produce. HDFC Flexicap, ICICI value discovery, SBI contra and many more have great success and why don't they receive any such following. We have seen that PPFAS is a good AMC. Less funds and have an open ethics, but end the end it's a regulated entity and returns matter to the most. But slowly PPFAS is turning into a Cult. A massive cult, almost all have in their portfolio. Praise them for the success even when they have underperformed. AUM of that fund is almost at ₹83k cr. It will easily reach ₹1L cr by next year and would become first active fund to cross it but what then. It's not about underperformance but issue is the praise they receive even during underperformance. Being in a bubble isn't always good. As mentioned in the unit holders meeting itself, for most retail investors an index fund and max 2 diversified funds would suffice. This massive cult living in a bubble would continue for sometime, but please diversify across AMCs.