Rating: ★ ★ ★ ★ ★

Parag Parikh Long Term Equity Direct Growth

Equity

  

Multi Cap Fund

NAV

26.856 + 0.4075

as on (02 Jun, 2020)

RETURNS

8.82 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

1.15 %

Benchmark

IISL Nifty 500 TR INR

Asset Size

2925.43 Cr.

(As of 30 Apr, 2019)

Risk

Moderately High

Objective

The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities.

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Fund manager

Raj Mehta

(since 27 Jan, 2016)

Exit load

2 %

(If redeemed within 365 days)

Minimum sip

₹ 1000

minimum investment

₹ 1000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Alphabet Inc Class C

9.54 %

HDFC Bank Ltd

7.63 %

Bajaj Holdings and Investment Ltd

5.7 %

Hdfc-27dec2018 Fut #

5.22 %

Sector Allocation

About the Scheme Type

Multi Cap Fund

Multi-cap funds invest in stocks across market capitalizations, comprising large cap, mid cap and small cap stocks. This flexibility means that multi cap funds, at any given time, benefit from that segment of the market which performs better.These are relatively less riskier in comparison to pure mid-cap or small- cap funds and are mostly suitable for the not so aggressive investors. Due to their non-volatile nature, the multi cap funds are usually better wealth creators in the long run andprovide both growth and value to investors.

Ratings

This fund is rated 5 stars by Morning Star Ratings.

★ ★ ★ ★ ★

Overview of PPFAS Asset Management Pvt. Ltd

Incorporated in 1992, PPFAS Asset Management (PPFAS AMC), promoted by Parag Parikh Financial Advisory Services Pvt. Ltd. (PPFAS Ltd.), is a boutique investment advisory firm. PPFAS Ltd. is also amongst India's earliest SEBI Registered Portfolio Management Service (PMS) providers.

PPFAS Mutual Fund’s mission - “To help clients achieve their long-term financial goals through prudent fund management.” While many say they focus on the long-term we go beyond mere words. PPFAS Mutual Fund is guided by the 'Law Of The Farm' which states that everything takes its own time and hastening the process will be counterproductive. This is reflected in our relatively long holding periods.

We, at PPFAS Mutual Fund, believe that investing should not be a complicated process. Hence, we strive for simplicity in our scheme design, investing process and our operations. While investing involves individuals, we accord more importance to the investing process than to personalities. We constantly remind ourselves that fund management is a profession rather than merely a business. Hence, we never lose sight of our fiduciary duty to our clients.  We, at PPFAS Mutual Fund, are also convinced that an educated investor is an empowered investor and we strive to bring about this empowerment through simple, yet effective communication.