Parag Parikh Long Term Equity Fund completes seven years

Parag Parikh Long Term Equity Fund (PLTEF), the flagship equity scheme of PPFAS Mutual Fund, has completed seven years on May 24. Currently, the scheme manages assets of Rs 2925 crore as on April 30.

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Parag Parikh Long Term Equity Fund (PLTEF), the flagship equity scheme of PPFAS Mutual Fund, has completed seven years on May 24. Currently, the scheme manages assets of Rs 2925 crore as on April 30.

The scheme is classifid as a 'multi cap' scheme. Its investment universe is not bound by any market-capitalisation or sectoral restrictions. It can also participate in 'special situations' / 'arbitrage' opportunities arising in India. It also has the freedom to invest in stocks listed overseas.

  • 8.17%Annualized Return for 1 year
  • <1 yearSuggested Investment Horizon
  • 6.10 YearsTime taken to double money
  • 10.84%Annualized Return for 3 year
  • >3 years Suggested Investment Horizon
  • 4.0 YearsTime taken to double money
Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund, said, "On our 7th anniversary, I thank all our investors, partners, advisors and media for their trust and support. We remember our Founder, Parag Parikh, on this occasion as he was instrumental in laying the foundation and culture at PPFAS. I am proud that we have stuck to our values and philosophies and have never compromised on those. I believe we have managed to ‘walk the talk’ by being honest in our actions, transparent in our communication and disciplined in our investment process. This feels like just the beginning and we have a long journey ahead.”


Also, consistent with our preference for 'digital over terrestrial', we aim to increase our penetration with the help of our Mobile App and Web App titled 'PPFAS SelfInvest,' Parikh added.

Besides having an active presence on social media, it is the only fund house in India to conduct an AGM (Annual General Meetings) for its unitholders.
PPFAS Mutual Fund offers only three schemes. The flagship scheme Parag Parikh Long Term Equity Fund invests in both the Indian and overseas market. The fund house launched a liquid fund in 2018 and added Parag Parikh Tax Saver Fund, an ELSS scheme, last year.

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PPFAS Mutual Fund is sponsored by Parag Parikh Financial Advisory Services Pvt. Ltd. (PPFAS Pvt. Ltd.), a boutique investment advisory firm incorporated in 1992. The Sponsor was among India's earliest SEBI Registered Portfolio Management Service (PMS) providers, having secured a license in 1996.
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