Parag Parikh Mutual Fund was launched in 2013. It is sponsored by Parag Parikh Financial Advisory Services (PPFAS) Limited, which in turn was founded in 1992 by Late Parag Parikh. Neil Parag Parikh, Chairman and CEO, and Rajeev Thakkar, CIO and Equity Fund Manager, lead the AMC. The fund company values simplicity, long-term investing, and process focus. The AMC's logo, Professor Tortoise (ProTo), represents age and wisdom, reflecting its investing philosophy. The fund house had 1.28% of the industry's AUM, Rs. 86,113 crores, as of August 2024. 2 equity, 1 debt, and 1 hybrid mutual fund schemes are offered by PPFAS Mutual Fund. AMC's Flexi Cap Fund is popular. It also invests in overseas stocks including Microsoft, Amazon, Alphabet, and Meta. As of March 2024, Parag Parikh Flexi Cap Fund, ELSS Tax Saver Fund, and Liquid Fund are its main schemes.
How to Invest in PPFAS Mutual Fund on Swaraj Finpro.
Investing in PPFAS Mutual Fund online is a convenient process and you can do so by following the few simple steps mentioned below:
Step 1. Log-in to your Swaraj Finpro account or register if you don’t have one.
Step 2. Upload your identity proof documents (Aadhaar, Voter ID, PAN, Passport, Driving License, Central or State Government ID card, etc.)
Step 3. Upload your proof of address documents (any identity proof documents with your permanent address, etc.)
Step 4. Select the investment period of your preference.
Step 5. Choose your risk appetite - low, mid, or high.
Step 6. Choose your preferred PPFAS Mutual Fund.
Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.
The PPFAS Mutual Fund
in India you have invested in will show in your Swaraj Finpro account within 3 to 4 working days.
Lets have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The Parag Parikh Flexi Cap Fund Fund has given 19.21% annualized returns in the past three years and 26.16% in the last 5 years and 18.39% in the last 10 years. The Parag Parikh Flexi Cap Fund Fund comes under the Equity category of PPFAS Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Parag Parikh Flexi Cap Fund via lump sum is ₹ 1000 and via SIP is ₹ 1000.
Scheme Objective: The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments.
Fund Performance: The Parag Parikh ELSS Tax Saver Fund Fund has given 21.37% annualized returns in the past three years and 24.58% in the last 5 years and 0.00% in the last 10 years. The Parag Parikh ELSS Tax Saver Fund Fund comes under the Equity category of PPFAS Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Parag Parikh ELSS Tax Saver Fund via lump sum is ₹ 500 and via SIP is ₹ 1000.
Scheme Objective: The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. (80% of total assets in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance)
Fund Performance: The Parag Parikh Conservative Hybrid Fund Fund has given 11.89% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The Parag Parikh Conservative Hybrid Fund Fund comes under the Equity category of PPFAS Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Parag Parikh Conservative Hybrid Fund via lump sum is ₹ 5000 and via SIP is ₹ 1000.
Scheme Objective: The scheme seeks to generate regular income through investments predominantly in debt and money market instruments. The scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme.
Fund Performance: The Parag Parikh Liquid Fund Fund has given 5.57% annualized returns in the past three years and 4.83% in the last 5 years and 0.00% in the last 10 years. The Parag Parikh Liquid Fund Fund comes under the Equity category of PPFAS Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Parag Parikh Liquid Fund via lump sum is ₹ 5000 and via SIP is ₹ 1000.
Scheme Objective: The Scheme seeks to deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments.
Scheme Manager: Raj Mehta, Mansi Kariya.
Min Amt SIP
: ₹ 1000
AUM in ( Cr.)
: ₹ 2167.62
1 Y Return (%)
: 6.93
Risko-Meter : Low to Moderate
Fund Performance: The Parag Parikh Arbitrage Fund Fund has given 0.00% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The Parag Parikh Arbitrage Fund Fund comes under the Equity category of PPFAS Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Parag Parikh Arbitrage Fund via lump sum is ₹ 1000 and via SIP is ₹ 100.
Scheme Objective: The scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments.
PPFAS Mutual Fund
