Parag Parikh Mutual Fund, often referred to as PPFAS Mutual Fund, is a renowned investment management company that has gained prominence for its innovative and customer-centric approach to mutual fund investments. Established with the vision of providing investors with a unique blend of global and domestic investment opportunities, Parag Parikh Mutual Fund has consistently delivered value through its diverse range of investment products. This article will help you to learn about Parag Parikh Mutual Fund House in detail.
Guaranteed Tax SavingsUnder sec 80C & 10(10D)
₹1 CroreInvest ₹10k per month*
Zero LTCG TaxUnlike 10% in Mutual Funds
Top performing plans with High Returns*
Invest ₹10K/month & Get ₹1 Crore returns*
Parag Parikh Mutual Fund, also known as PPFAS, was founded by Mr. Parag Parikh in 2012 and is known for its transparent and investor-centric approach.
PPFAS Asset Management is the Asset Management Company (AMC) of Parag Parikh Mutual Fund House in India. It offers a range of mutual fund schemes to help you grow your wealth. The company is known for its focus on long-term value investing and global diversification.
The Parag Parikh Mutual Fund aims to provide opportunities for capital appreciation by investing in a mix of equity and debt instruments, both in India and abroad.
PPFAS has a unique approach, offering only two equity schemes, one debt scheme and a hybrid scheme to avoid confusing investors and not having a sales team, relying on Relationship Managers for client support.
They prioritize fundamental factors like low debt and cash flow over modern strategies like algorithms and technical analysis. PPFAS does not accept lump-sum investments during bullish markets to avoid potential risks.
Invest For (in Years)
Stay invested for (in Years)
Expected rate of return (in %)
|Mutual Fund Scheme||Fund Size (Rs. in Crores)||1-Year Returns||3-Year Returns||5-Year Returns||10-Year Returns|
|Parag Parikh Flexi Cap Fund||₹40,760||22.52%||23.68%||20.81%||19.95%|
|Parag Parikh Tax Saver Fund (ELSS)||₹1,932||19.23%||23.95%||--||--|
|Parag Parikh Liquid Fund||₹1,992||6.53%||4.54%||4.82%||--|
|Parag Parikh Conservative Hybrid Fund||₹1,579||12.35%||--||--||--|
|Mutual Fund House Name||PPFAS Mutual Fund|
|Asset Management Company (AMC)||PPFAS Asset Management Private Limited|
|AMC Established On||10 October 2012|
|AMC Incorporated On||8 August 2011|
|Assets Under Management (AUM)||₹45,608|
|Systematic Investment Plan (SIP)||Available|
|Sponsored By||Parag Parikh Financial Advisory Services Ltd.|
|Trustee Organisation||PPFAS Trustee Company Private. Limited|
|Name of Trustees||
|CEO||Mr. Neil Parikh|
|CIO||Mr. Rajeev Thakkar|
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
To invest in Parag Parikh Mutual Fund, you typically need the following documents:
KYC (Know Your Customer) Documents
PAN Card (Permanent Account Number)
Proof of Address (such as Aadhar card, passport, utility bills, or bank statements),
Bank Account Details (a cancelled cheque or a copy of your passbook)
Additional Documents for an NRI/ OCI/ PIO:
Overseas Address Proof
Valid NRI/ PIO Card
NRE/ NRO Account Details
Follow the steps mentioned below to start investing in Parag Parikh Mutual Fund Scheme:
Select the specific Parag Parikh Mutual Fund scheme you want to invest in, considering your financial goals and risk tolerance.
Ensure you are KYC (Know Your Customer) compliant by submitting the required documents to a KYC registration agency or through the fund house's website.
Decide whether you want to invest through a lump sum amount or via a systematic investment plan (SIP).
Open an account with the fund house or use a trusted online platform to start the investment process.
Fill out the application form, providing personal and financial details as required.
Deposit the desired investment amount in the chosen scheme through various payment options like NEFT, RTGS, or online banking.
Keep track of your investment's performance and make necessary adjustments to align with your financial goals.
Stay updated with the fund's performance, NAV (Net Asset Value), and any news related to the scheme.
Re-evaluate your investment strategy periodically to ensure it aligns with your evolving financial objectives.
You can estimate the potential returns from your investments in a Parag Parikh Mutual Fund Scheme using the following two calculators:
Mutual Fund Calculator
To calculate your Parag Parikh Mutual Fund returns using the Policybazaar SIP Calculator, you need to enter the following details:
The amount you plan to invest through SIP each month.
The expected rate of return
The investment duration (in months or years)
The calculator will process the information and provide you with an estimate of the potential returns on your SIP investment.
Parag Parikh Flexi Cap Fund
Parag Parikh Tax- Saver Fund
Parag Parikh Conservative Hybrid Fund
HDFC Bank Limited: 8.01%
Bajaj Holdings & Investment Limited: 6.92%
ITC Limited: 6.55%
Axis Bank Limited: 5.61%
*All savings are provided by the insurer as per the IRDAI approved insurance
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
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