Parag Parikh Financial Advisory Services (PPFAS) Mutual Fund is present in the Indian Mutual Fund Industry since 2012. The company till date has only one mutual fund scheme which is its flagship scheme. This mutual fund company is managed by PPFAS Asset Management (PPFAS AMC). PPFAS Mutual Fund’s mission is to achieve long-term Financial goals of its clients through prudent fund management.
The fund house believes that the process of Investing should not be complicated and hence, it strives to be simple in its scheme design, investing process, and operations. PPFAS Mutual Fund gives always importance to the investing process.
|AMC||PPFAS Mutual Fund|
|Date of Setup||October 10, 2012|
|AUM||INR 1098.71 crore (Jun-30-2018)|
|Chairman||Mr. Rajnish Kumar|
|CEO/MD||Mr. Neil Parag Parikh|
|CIO||Mr. Rajeev Thakkar|
|Compliance Officer||Ms. Priya Hariani|
|investor Service Officer||Mr. Aalok Mehta|
As mentioned, PPFAS Mutual Fund is sponsored by Parag Parikh Financial Advisory Services Pvt. Ltd. It is a boutique investment advisory firm incorporated in the year 1992 and has built its reputation on the Basis of its performance. PPFAS Pvt. Ltd., has over two decades of varied experiences and a sound knowledge about the functioning of the equity and fixed Income Market. PPFAS Mutual Fund offers advice on investing in the Mutual Fund, equity and Fixed Income market. PPFAS Pvt. Ltd., offers Portfolio management services, NRI Investments, and Mutual Funds. This mutual fund company differentiates itself from other mutual fund companies based on the following parameters.
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Most of the Mutual Fund Houses offer a bouquet of mutual fund schemes so that customers can pick and choose the scheme as per their requirements. PPFAS mutual fund prefers to walk alone in the race of mutual fund schemes where many mutual fund companies offer a wide variety of schemes while they offer only one scheme. However, PPFAS Mutual Fund only one mutual fund scheme. Their rationale behind Offering only one scheme is to help the investors instead of confusing them.
(Erstwhile Parag Parikh Long Term Value Fund) The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities. Parag Parikh Long Term Equity Fund is a Equity - Multi Cap fund was launched on 24 May 13. It is a fund with Moderately High risk and has given a Below is the key information for Parag Parikh Long Term Equity Fund Returns up to 1 year are on
1. Parag Parikh Long Term Equity Fund
CAGR/Annualized return of 18.4% since its launch. Ranked 34 in
Multi Cap category. Return for 2022 was -7.2% , 2021 was 45.5% and 2020 was 32.3% .
Parag Parikh Long Term Equity Fund
Launch Date 24 May 13 NAV (22 Aug 23) ₹56.4604 ↑ 0.12 (0.21 %) Net Assets (Cr) ₹39,848 on 31 Jul 23 Category Equity - Multi Cap AMC PPFAS Asset Management Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.73 Sharpe Ratio 1.59 Information Ratio 0.03 Alpha Ratio 8.15 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (2%),365-730 Days (1%),730 Days and above(NIL)
Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,551 31 Aug 20 ₹12,038 31 Aug 21 ₹18,563 31 Aug 22 ₹18,694 31 Aug 23 ₹22,148
Returns for Parag Parikh Long Term Equity Fund
absolute basis & more than 1 year are on
CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23
Duration Returns 1 Month -0.2% 3 Month 6.5% 6 Month 14.8% 1 Year 15.1% 3 Year 22.2% 5 Year 17.3% 10 Year 15 Year Since launch 18.4%
Historical performance (Yearly) on absolute basis
Year Returns 2022 -7.2% 2021 45.5% 2020 32.3% 2019 14.4% 2018 -0.4% 2017 29.4% 2016 3.3% 2015 8.9% 2014 44.8% 2013
Fund Manager information for Parag Parikh Long Term Equity Fund
Name Since Tenure Raj Mehta 27 Jan 16 7.6 Yr. Rajeev Thakkar 24 May 13 10.28 Yr. Raunak Onkar 24 May 13 10.28 Yr. Rukun Tarachandani 16 May 22 1.3 Yr.
Data below for Parag Parikh Long Term Equity Fund as on 31 Jul 23
Equity Sector Allocation
Sector Value Financial Services 33.86% Technology 12.3% Consumer Cyclical 8.89% Communication Services 8.72% Consumer Defensive 6.68% Energy 5.22% Utility 4.92% Health Care 3.9% Basic Materials 1.95%
Asset Class Value Cash 13.33% Equity 86.45% Debt 0.22%
Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK
8% ₹3,266 Cr 20,785,442
Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 31 Oct 16 | BAJAJHLDNG
7% ₹2,820 Cr 3,792,104
ITC Ltd (Consumer Defensive)
Equity, Since 31 Mar 20 | ITC
7% ₹2,669 Cr 60,698,959 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | 532215
6% ₹2,288 Cr 23,499,955
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 14 | ICICIBANK
5% ₹2,232 Cr 23,284,043
Coal India Ltd (Energy)
Equity, Since 31 May 22 | COALINDIA
5% ₹2,120 Cr 92,160,093
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 21 | HCLTECH
5% ₹2,111 Cr 18,010,620 Alphabet Inc Class A (Communication Services)
Equity, Since 31 May 21 | GOOGL
5% ₹2,108 Cr 1,869,987 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 30 Sep 21 | 532898
5% ₹2,007 Cr 82,068,995
Microsoft Corp (Technology)
Equity, Since 30 Apr 20 | MSFT
5% ₹1,987 Cr 732,274
(Erstwhile Parag Parikh Long Term Value Fund)
The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities.
Parag Parikh Long Term Equity Fund is a Equity - Multi Cap fund was launched on 24 May 13. It is a fund with Moderately High risk and has given a
Below is the key information for Parag Parikh Long Term Equity Fund
Returns up to 1 year are on
Likewise, many Mutual Fund companies, PPFAS too has its own sip calculator. Also known as the mutual fund calculator, it helps people to plan financially to achieve their various objectives like purchasing a house, purchasing a vehicle, planning for higher education, planning for retirement, and so on. In addition, This SIP calculator also helps people to understand how the SIP investment grows over time.
Know Your Monthly SIP Amount
You can generate your PPFAS Mutual Fund account statement from its website. All you need to do is enter your Folio number and 4 digit quick access MPIN. If you don't have MPIN, you can create in the same page itself by selecting the option.
The Asset Management Company or AMC’s Net Asset Value (NAV) can be found on the AMFI website. The AMC’s website to provides the NAV details. In addition, both these websites provide the historical data too.
Since PPFAS mutual fund has only one mutual fund scheme under the equity category, so most of its shares are invested in equity shares. Parag Parikh Long Term Value Fund invests 65% of its corpus in domestic equity shares, while the remaining portion is invested in fixed income securities. The scheme also invests its funds in overseas equity shares. This mutual fund scheme is managed by three fund managers who manage domestic equity investments, fixed income investments, and overseas investments respectively.
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Great Western Building, 1st Floor, 130/132, S.B.S. Marg, Opp. Lion Gate, Fort, Mumbai 400001
Parag Parikh Financial Advisory Services Pvt Ltd.
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