PPFAS Mutual Fund

Fund Name	Ratings	Risk	3Y Returns	AUM
Parag Parikh Flexi Cap Fund Direct Plan Growth Equity Flexi Cap Fund	3.5	Very High	21.68%	₹63,933.76 cr.
Parag Parikh ELSS Tax Saver Fund Direct Growth Equity ELSS	3.5	Very High	21.65%	₹3,360.61 cr.
Parag Parikh Conservative Hybrid Fund Direct Plan Growth Hybrid Conservative Hybrid Fund	0	Moderately High	11.04%	₹1,940.54 cr.
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly IDCW Reinvestment Hybrid Conservative Hybrid Fund	0	Moderately High	10.03%	₹1,940.54 cr.
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly IDCW Payout Hybrid Conservative Hybrid Fund	0	Moderately High	10.03%	₹1,940.54 cr.
Parag Parikh Liquid Fund Direct Plan Growth Debt Liquid Fund	1.5	Moderately Low	5.4%	₹2,117.75 cr.
Parag Parikh Liquid Fund Direct Plan Monthly IDCW Reinvestment Debt Liquid Fund	1.5	Moderately Low	5.21%	₹2,117.75 cr.
Parag Parikh Liquid Fund Direct Plan Monthly IDCW Payout Debt Liquid Fund	1.5	Moderately Low	5.21%	₹2,117.75 cr.
Parag Parikh Dynamic Asset Allocation Fund Direct (IDCW-M) Payout Hybrid Dynamic Asset Allocation or Balanced Advantage	0	Moderate	0%	₹479.04 cr.
Parag Parikh Arbitrage Fund Direct Plan Growth Hybrid Arbitrage Fund	0	Low	0%	₹573.46 cr.
Parag Parikh Dynamic Asset Allocation Fund Direct Plan Growth Hybrid Dynamic Asset Allocation or Balanced Advantage	0	Moderate	0%	₹479.04 cr.
Parag Parikh Dynamic Asset Allocation Fund Direct (IDCW-M) Reinvestment Hybrid Dynamic Asset Allocation or Balanced Advantage	0	Moderate	0%	₹479.04 cr.

About PPFAS Mutual Fund

SEBI-registered PPFAS Asset Management Private Ltd is the asset manager of PPFAS Mutual Fund. The Parag Parikh Financial Advisory Services Limited (PPFAS Ltd) believes that they are different from other asset management companies because:

They implement time-tested principles of value investing in their fund management.
They don’t have a ‘Sales Team’ because they believe that their funds can be a ‘pull-product’ and not a ‘push-product’.
They believe that the promoters of PPFAS MF should have skin in the game, and so they invest in the schemes, which shows they are aligned with investors of the schemes.

As of June 2023, the AMC has an AUM of ₹46,190 crore.

PPFAS Asset Management Company Key Information

Founding date	October 10, 2012
AMC Incorporation date	August 8, 2011
Headquarters in	Mumbai
Name of the sponsors	Parag Parikh Financial Advisory Services Pvt Ltd
Trustee organisation	PPFAS Trustee Company Pvt Ltd
MD and CEO	Mr. Neil Parag Parikh
Chief Investment Officer	Mr. Rajeev Thakkar
Compliance Officer	Mr. Aalok Mehta

PPFAS Mutual Fund Managers

Rajeev Thakkar

Fund Manager since Feb 2024 (10 months)

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Rajeev Thakkar is a Chartered Accountant, Cost Accountant, CFA Charterholder and a CFP Certificant. He started his career with Prime Securities and then moved to DIL Vikas Finance Limited. Currently, he is working in PPFAS Asset Management as Chief Investment Officer & Director.

Raj Mehta

Fund Manager since May 2018 (6 years)

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Mr. Mehta is a M.Com. degree holder from Narsee Monjee College of Commerce and Economics, a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and a CFA Charterholder. He began his career as an intern with PPFAS Mutual Fund in 2012 and has moved up the ranks ever since. He is currently part of the Fund Management team.

How to Invest in PPFAS Mutual Fund via Angel One?

Investing in the PPFAS MF through your Angel One account is a hassle-free process. If you do not have an account, you can open a Demat account with us in under a few minutes by submitting the necessary documents.

All you have to do is follow these steps:

Step 1: Log in to your Angel One account with your registered mobile number, validate the OTP, and then enter your MPIN.

Step 2: Find the most suited PPFAS MF based on your goals and risk profile. Evaluate each fund offered by the AMC on the Angel One app. At this stage, consider the following:

Find your desired fund or choose one from those listed by Angel One.
Analyse the fund’s historical performance, sectoral and stock holdings, etc.
Ascertain the estimated earnings on investment using the returns calculator.
Understand the scheme’s level of risk and see if it aligns with your tolerance.
Consider the fund’s ratings assigned by reputed rating agencies. Typically, mutual funds are rated from 1 to 5 based on various parameters like consistency, risk, returns, etc.
Check the fund’s expense ratio to estimate the cost of investing in it.

Step 3: Once you choose the PPFAS Mutual Funds scheme you want to invest in, open your Angel One Demat account and head to the Mutual Funds section. Search for the scheme that you have shortlisted. Then,

Choose whether you want to invest in a lump sum or monthly SIP.
Enter the investment amount and choose a payment method. Although UPI is the preferred mode, you can also choose net banking.
After placing the order, if you have chosen the SIP option, create a mandate to make timely future installments.

Documents Required To Invest in PPFAS Mutual Fund

When investing in PPFAS Mutual Fund through Angel One, you’ll experience a streamlined and digitally-enabled KYC process. Essential documents are all that’s required:

PAN Card Details (Compulsory)
Personal Information (Full Name, Mobile Number, Email Address)
For your Address Proof, we recommend using your Aadhar Card, both the front and back sides.
Bank Account Details, with a cancelled check if requested
Nominee particulars and FATCA Declarations

Angel One ensures a simplified KYC verification for investors, ensuring swift access to PPFAS Mutual Fund, whether you’re a new or returning investor. Our user-friendly platform is here to help you reach your financial goals. Your KYC process will be completed within 48-72 business hours, allowing you to embark on your mutual fund journey without delay.

Top PPFAS Mutual Funds To Invest In

Name of the Fund	Sub Category	AUM (₹ in crore)	Minimum Investment (₹)	CAGR 3Y (%)	CAGR 5Y (%)
Parag Parikh Tax Saver Fund	Equity Linked Savings Scheme (ELSS)	1,932.37	500	24.79	–
Parag Parikh Flexi Cap Fund	Flexi Cap Fund	40,760.38	1,000	24.19	20.15
Parag Parikh Liquid Fund	Liquid Fund	1,803.05	5,000	4.53	4.82

**All data as of October 4, 2023.

Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

Parag Parikh Tax Saver Fund

This fund falls under the category of Equity Linked Savings Schemes (ELSS). It manages assets totalling ₹1,932.37 crore and maintains a relatively low expense ratio of 0.76%. Over the past 3 years since October 2023, it has delivered a steady Compound Annual Growth Rate (CAGR) of 24.79%. Investors looking to participate can do so with a minimum one-time investment of ₹500. This scheme primarily focuses on investing in equity instruments and offering tax benefits to investors under Section 80C of the Income Tax Act. The underlying assets in this fund primarily consist of stocks, aiming to provide capital appreciation over the long term.

Parag Parikh Flexi Cap Fund

Classified as a Flexi Cap Fund, this fund manages a significant AUM of ₹40,760.38 crore with an expense ratio of 0.66%. Over the last 3 years, it has shown a consistent CAGR of 24.19%. The minimum investment required to participate in this fund is ₹1000. The Parag Parikh Flexi Cap Fund operates with a flexible approach towards asset allocation. It invests across various market capitalisations and sectors, aiming to achieve capital growth. Its underlying assets encompass a diversified portfolio of stocks.

Parag Parikh Liquid Fund

Categorised as a Liquid Fund, this scheme manages assets amounting to ₹1,803.05 crore while maintaining a low expense ratio of 0.16%. Over the past 3 years, it has delivered a modest CAGR of 4.53%. Investors considering this fund should note that the minimum investment requirement is ₹5,000. The Parag Parikh Liquid Fund primarily focuses on providing safety and liquidity to investors. It invests in short-term debt instruments and money market securities, making it a suitable option for parking surplus funds with the aim of preserving capital and generating a reasonable return.

Mutual Funds Calculators

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PPFAS Mutual Fund FAQs

How to start PPFAS Mutual Fund SIP online?

Search for your desired scheme on Angel One under the Mutual Fund section. Enter a comfortable instalment amount and click on proceed. Before doing this, ensure you have enough funds in your account for the transaction to go through. Alternatively, you can also start an online SIP via the AMC website.

Which scheme is the best in PPFAS Mutual Fund?

One cannot provide a recommendation on which investment scheme is best for PPFAS Mutual Fund since it differs from one investor to another. It's best to consult with a financial advisor who can evaluate PPFAS Mutual Fund’s goals and help determine the most suitable investment scheme based on your financial situation and risk tolerance.

How to redeem PPFAS Mutual Fund online?

You can redeem your units PPFAS Asset Management Private Ltd. in two ways - via AMC’s website and Angel One. For the latter route, head to the Mutual Funds section under the Angel One App or visit https://www.angelone.in/mutual-funds/.

Are PPFAS Mutual Fund schemes tax-free?

Some funds fall under the category of equity-linked savings schemes or ELSS that allow you to claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year from your taxable income.

Who owns the PPFAS Mutual Fund?

Neil Parag Parikh is the chairman and Chief Executive Officer of the company. Rukun Tarachandani is a part of the Fund Management team at PPFAS.

About PPFAS Mutual Fund

PPFAS Asset Management Company Key Information

PPFAS Mutual Fund Managers

How to Invest in PPFAS Mutual Fund via Angel One?

Documents Required To Invest in PPFAS Mutual Fund