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PPFAS Mutual Fund

PPFAS Mutual Fund

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Disclaimer: Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.

PPFAS Mutual Funds Overview

Parag Parikh Mutual Funds, or PPFAS, was established in 2013. It originated from Parag Parikh Financial Advisory Services Limited, founded by the late Parag Parikh in 1992. The fund house is known for its long-term investing approach. As of March 2024, the PPFAS Mutual Fund has six schemes in its portfolio. The AUM of this AMC for the same period was Rs 64,281 crores.
PPFAS's investment approach is centered around value investing. The company focuses on identifying undervalued securities with strong fundamentals and holding them long-term. PPFAS Mutual Fund offers several schemes, but their flagship Flexi Cap Fund has been particularly popular. This scheme includes investments in foreign stocks like Microsoft, Amazon, Alphabet, and Meta.
The current Chairman and CEO, Neil Parag Parikh, along with the CIO and Equity Fund Manager, Rajeev Thakkar, lead the fund house. Ms. Priya Hariyani is the compliance officer, while Mr. Alok Mehta is the investor service officer. Parag Parikh Mutual Funds’ sponsor name is PPFAS Asset Management Private Limited.
  • Diversification: Parag Parikh Mutual Funds typically hold a range of securities from different sectors, helping spread risk. Instead of putting all your capital into a single stock or bond, this AMC provides a slice of many investments.
  • Professional Management: You have experts managing your investment. Fund managers make the buy and sell decisions, which can be a significant advantage if you lack the time or expertise to do it yourself.
  • Affordability: Many Parag Parikh Mutual Funds allow investors to start with relatively small amounts. You can often buy units in a mutual fund for as low as Rs 500.
  • Liquidity: Parag Parikh Mutual Funds are typically easy to buy and sell. Except for a few cases, your investments are not locked up. If the market has had a bullish rally and your scheme returns are high, you can redeem the units and benefit from their increased value. The settlement turnaround time for overnight funds is T+1 days; for hybrid, equity, or debt funds, it is T+3 days; and for international funds, it is up to T+10 days.
  • Transparency: Parag Parikh Mutual Funds are subject to regulations under the guidelines laid down by the Securities Exchange Board of India, ensuring transparency. The prospectus provides information about the fund's objectives, holdings, performance, and fees.
  • Automatic Reinvestment: You will find schemes where dividends are automatically reinvested to purchase additional fund units. This option compounds returns by increasing your shareholding, potentially leading to higher long-term gains than payouts
  • Potential Tax Benefits: Parag Parikh Mutual Funds offer Equity-Linked Savings Schemes (ELSS), a mutual fund that provides both tax benefits and growth opportunities by investing primarily in the stock market. Your contribution here qualifies you for Section 80C tax benefits, allowing you to reduce your taxable income by up to Rs 1.5 lakh. Since this scheme has a three-year lock-in period, its returns are considered long-term gains, meaning up to Rs 1 lakh; you do not have to pay taxes.
When considering the prospect of Parag Parikh MF, it is essential to approach the decision with a balanced perspective. Mutual funds offer an approach to diversify your portfolio. By pooling capital with other investors, you gain access to different assets that might otherwise be out of reach. Professionals who dedicate their time to monitoring market trends and adjusting the fund's holdings manage this collective investment scheme.
The performance of Mutual funds in Parag Parikh is tied to the fluctuations of the markets they invest in. While fund managers' expertise aims to overcome volatility, outcomes are not guaranteed. The value of your investment can change because of market conditions, such as global events, changes in investor sentiment, government policies, and interest rates.
If the market is bearish, equity-oriented schemes might fail to deliver returns, but in contrast, debt schemes will remain unaffected.
It is also worth mentioning that mutual funds are subject to fees and expenses that can impact the overall return on your investment. These costs are for the management and operation of the fund and can slightly reduce your profit.
When investing in mutual funds, it is important to align this option with your financial goals and comfort level. It is advisable to consider how this choice fits within your broader investment strategy and to be mindful that, at times, you will have to deal with different market conditions.
With digitalization and the establishment of brokers providing innovative solutions with convenience in mind, investing in Parag Parikh or any other mutual fund scheme has become simpler than ever. With Dhan, you can place investments even if you don't have a Demat account with them. You can also invest in mutual funds via the Dhan platform or the app.
If you are wondering how, consider the steps outlined below:
  • Step 1: Grab your smartphone, locate the AppStore or Google Play Store on the screen, search for 'Dhan App,' and tap the 'Install' option.
  • Step 2: Once installed, start the registration process by sharing your contact number and then clicking on 'I'm Ready to Trade.' Input the One-Time Password (OTP) you received and click on 'Proceed Ahead.'
  • Step 3: Provide your email ID and set an MPIN to ensure security.
  • Step 4: Complete the onboarding process by providing your birth date, Aadhar number, and PAN.
  • Step 5: Move to the 'Mutual Funds' section and search for the best Parag Parikh mutual fund scheme. Tap on the scheme you wish to invest in. You will be provided with complete details on the scheme.
  • Step 6: Choose whether to proceed with SIP (Systematic Investment Plan) or Parag Parikh lump sum plans. If you opt for SIP, select the date of the month on which you wish your account to be debited. In the case of a lump sum, directly enter the amount.
  • Step 7: Once you have placed the transaction in the top Parag Parikh mutual fund scheme, a confirmation text along with an OTP will be sent to your registered number.
  • Step 8: After payment, you can track the fund's performance and compare it with its benchmark. If at any time you wish to close your investment, you can do so by choosing the redemption option and selecting the NAV you wish to sell.
If you are a beginner, you might not know the SIP and lump sum methods. The Parag Parikh SIP plan lets you make small contributions every month or quarter. By doing so, you benefit from rupee cost averaging and compounding. On the other hand, a lump sum is a single payment and is ideal when the market is down, as you can buy more units at lower costs.
When investing in mutual funds, it is recommended to evaluate the possible return. While manual computations are time-consuming and prone to errors, you can use the Parag Parikh SIP calculator. All you need to do is input the investment amount, rate of return, and investment period.
Parag Parikh Mutual Funds, or PPFAS, was established in 2013. It originated from Parag Parikh Financial Advisory Services Limited, founded by the late Parag Parikh in 1992. The fund house is known for its long-term investing approach. As of March 2024, the PPFAS Mutual Fund has six schemes in its portfolio. The AUM of this AMC for the same period was Rs 64,281 crores.
PPFAS's investment approach is centered around value investing. The company focuses on identifying undervalued securities with strong fundamentals and holding them long-term. PPFAS Mutual Fund offers several schemes, but their flagship Flexi Cap Fund has been particularly popular. This scheme includes investments in foreign stocks like Microsoft, Amazon, Alphabet, and Meta.
The current Chairman and CEO, Neil Parag Parikh, along with the CIO and Equity Fund Manager, Rajeev Thakkar, lead the fund house. Ms. Priya Hariyani is the compliance officer, while Mr. Alok Mehta is the investor service officer. Parag Parikh Mutual Funds’ sponsor name is PPFAS Asset Management Private Limited.
Some of the key advantages of investing in DSP mutual funds are:
  • Diversification: Parag Parikh Mutual Funds typically hold a range of securities from different sectors, helping spread risk. Instead of putting all your capital into a single stock or bond, this AMC provides a slice of many investments.
  • Professional Management: You have experts managing your investment. Fund managers make the buy and sell decisions, which can be a significant advantage if you lack the time or expertise to do it yourself.
  • Affordability: Many Parag Parikh Mutual Funds allow investors to start with relatively small amounts. You can often buy units in a mutual fund for as low as Rs 500.
  • Liquidity: Parag Parikh Mutual Funds are typically easy to buy and sell. Except for a few cases, your investments are not locked up. If the market has had a bullish rally and your scheme returns are high, you can redeem the units and benefit from their increased value. The settlement turnaround time for overnight funds is T+1 days; for hybrid, equity, or debt funds, it is T+3 days; and for international funds, it is up to T+10 days.
  • Transparency: Parag Parikh Mutual Funds are subject to regulations under the guidelines laid down by the Securities Exchange Board of India, ensuring transparency. The prospectus provides information about the fund's objectives, holdings, performance, and fees.
  • Automatic Reinvestment: You will find schemes where dividends are automatically reinvested to purchase additional fund units. This option compounds returns by increasing your shareholding, potentially leading to higher long-term gains than payouts
  • Potential Tax Benefits: Parag Parikh Mutual Funds offer Equity-Linked Savings Schemes (ELSS), a mutual fund that provides both tax benefits and growth opportunities by investing primarily in the stock market. Your contribution here qualifies you for Section 80C tax benefits, allowing you to reduce your taxable income by up to Rs 1.5 lakh. Since this scheme has a three-year lock-in period, its returns are considered long-term gains, meaning up to Rs 1 lakh; you do not have to pay taxes.
When considering the prospect of Parag Parikh MF, it is essential to approach the decision with a balanced perspective. Mutual funds offer an approach to diversify your portfolio. By pooling capital with other investors, you gain access to different assets that might otherwise be out of reach. Professionals who dedicate their time to monitoring market trends and adjusting the fund's holdings manage this collective investment scheme.
The performance of Mutual funds in Parag Parikh is tied to the fluctuations of the markets they invest in. While fund managers' expertise aims to overcome volatility, outcomes are not guaranteed. The value of your investment can change because of market conditions, such as global events, changes in investor sentiment, government policies, and interest rates.
If the market is bearish, equity-oriented schemes might fail to deliver returns, but in contrast, debt schemes will remain unaffected.
It is also worth mentioning that mutual funds are subject to fees and expenses that can impact the overall return on your investment. These costs are for the management and operation of the fund and can slightly reduce your profit.
When investing in mutual funds, it is important to align this option with your financial goals and comfort level. It is advisable to consider how this choice fits within your broader investment strategy and to be mindful that, at times, you will have to deal with different market conditions.
With digitalization and the establishment of brokers providing innovative solutions with convenience in mind, investing in Parag Parikh or any other mutual fund scheme has become simpler than ever. With Dhan, you can place investments even if you don't have a Demat account with them. You can also invest in mutual funds via the Dhan platform or the app.
If you are wondering how, consider the steps outlined below:
  • Step 1: Grab your smartphone, locate the AppStore or Google Play Store on the screen, search for 'Dhan App,' and tap the 'Install' option.
  • Step 2: Once installed, start the registration process by sharing your contact number and then clicking on 'I'm Ready to Trade.' Input the One-Time Password (OTP) you received and click on 'Proceed Ahead.'
  • Step 3: Provide your email ID and set an MPIN to ensure security.
  • Step 4: Complete the onboarding process by providing your birth date, Aadhar number, and PAN.
  • Step 5: Move to the 'Mutual Funds' section and search for the best Parag Parikh mutual fund scheme. Tap on the scheme you wish to invest in. You will be provided with complete details on the scheme.
  • Step 6: Choose whether to proceed with SIP (Systematic Investment Plan) or Parag Parikh lump sum plans. If you opt for SIP, select the date of the month on which you wish your account to be debited. In the case of a lump sum, directly enter the amount.
  • Step 7: Once you have placed the transaction in the top Parag Parikh mutual fund scheme, a confirmation text along with an OTP will be sent to your registered number.
  • Step 8: After payment, you can track the fund's performance and compare it with its benchmark. If at any time you wish to close your investment, you can do so by choosing the redemption option and selecting the NAV you wish to sell.
If you are a beginner, you might not know the SIP and lump sum methods. The Parag Parikh SIP plan lets you make small contributions every month or quarter. By doing so, you benefit from rupee cost averaging and compounding. On the other hand, a lump sum is a single payment and is ideal when the market is down, as you can buy more units at lower costs.
When investing in mutual funds, it is recommended to evaluate the possible return. While manual computations are time-consuming and prone to errors, you can use the Parag Parikh SIP calculator. All you need to do is input the investment amount, rate of return, and investment period.

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