PPFAS Mutual Fund was established in 2012, with Parag Parikh Financial Advisory Services Limited (PPFAS) as the Sponsor, PPFAS Trustee Company Private Limited as the Trustee, and PPFAS Asset Management Private Limited to act as the Investment Manager for all the Schemes of the Fund. The Fund was registered with SEBI on October 17, 2012. Currently, PPFAS AMC offers six schemes consisting of two core equity, two debt, and two hybrid schemes.
Key Information About PPFAS Mutual Fund
How to Invest in the PPFAS Mutual Fund
Investing in the best PPFAS Mutual Funds can be a complex process. To make it easier, here is a step-by-step guide:
1. Choose Your Mutual Fund Type
Choose your mutual types, such as equity, debt, hybrid, index, and sector funds, according to your risk tolerance (low, medium, or high) and financial goals.
2. Select a Mutual Fund Scheme
After carefully analysing the historical returns, expense ratio, reviews, and ratings of different schemes, choose your preferred PPFAS Mutual Fund India.
3. Login or Open a Demat Account
Log in to your Stack Wealth account. If you do not have an account, you can register with your mobile number and create a new one immediately.
4. Complete KYC (Know Your Customer) Requirements
The next step involves providing personal information and verifying identity. You must upload a government-issued ID such as PAN, Aadhar and proof of address. Follow the instructions in the app to complete this step smoothly.
5. Select Investment Mode (SIP or lumpsum)
If you prefer regular, disciplined investing, you can set-up a systematic investment plan (SIP), which is periodic (monthly, quarterly, etc.). You can also make a lump-sum investment if you have a large amount to invest. Select the investment period of your choice.
6. Confirm and Track Your Investment
After setting up your investment, sit back and watch your money grow. The Stack Wealth app will provide regular updates and reports on your portfolio’s performance. You can also adjust your investments or withdraw funds as needed.
List of Best PPFAS Mutual Funds in India
Here is the list of some of the best PPFAS Mutual Funds in India:
* All data as of Jan. 31, 2025
Detailed Overview of PPFAS Mutual Fund Schemes
Now, let’s discuss these 6 PPFAS Mutual Fund schemes in detail:
1. Parag Parikh Flexi Cap Fund- Direct Plan-Growth
Parag Parikh Flexi Cap Fund is an equity scheme investing across large-cap, mid-cap, and small-cap stocks. An average of 65% of its corpus is invested in listed Indian equities.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 18.52% and 25.16%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹16,655.
- Minimum Investment Amount: The minimum lump sum amount for the Parag Parikh Flexi Cap Fund is ₹1000; for the Min Add Lumpsum, it is ₹ 1,000; for the Monthly SIP, it is ₹1000; and for the Quarterly SIP, it is ₹ 3,000.
2. Parag Parikh Arbitrage Fund- Direct Plan-Growth
Parag Parikh Arbitrage Fund is an open-ended scheme that predominantly invests in arbitrage opportunities in the equity market (cash and derivatives segment).
- Fund Performance: The fund's annualized returns for the past 6 months and since inception have been around 7.25% and 7.69%, respectively. If you have invested in the fund since inception, the current value of a Standard Investment of ₹10,000 will become around ₹10,970.
- Minimum Investment Amount: The minimum lump sum for the Parag Parikh Arbitrage Fund is ₹1000; for the Min Add Lumpsum, it is ₹ 1,000; for the Monthly SIP, it is ₹1000; and for the Quarterly SIP, it is ₹ 3,000.
3. Parag Parikh Conservative Hybrid Fund- Direct Plan-Growth
Parag Parikh Conservative Hybrid Fund is an open-ended hybrid scheme investing predominantly in debt and money market instruments to generate regular income. Additionally, the scheme generates long-term capital appreciation from equity investments.
- Fund Performance: The fund's annualized returns for the past three years and since inception have been around 11.50% and 10.83%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹13,867.
- Minimum Investment Amount: The minimum lump sum for the Parag Parikh Conservative Hybrid Fund is ₹5000; for the Min Add Lumpsum, it is ₹1,000; for the Monthly SIP, it is ₹ 1,000; and for the Quarterly SIP, it is ₹3,000.
4. Parag Parikh ELSS Tax Saver Fund- Direct Plan-Growth
Parag Parikh ELSS Tax Saver Fund was launched in July 2019. It is an open-ended equity-linked saving scheme in which at least 80% of the Fund's corpus is invested in Indian equities with a statutory lock-in of 3 years and tax benefit.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 18.23% and 23.92%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹16,534.
- Minimum Investment Amount: The minimum lump sum for the Parag Parikh ELSS Tax Saver Fund is ₹500; for the Min Add Lumpsum, it is ₹ 500; for the Monthly SIP, it is ₹1000; and for the Quarterly SIP, it is ₹ 3,000.
5. Parag Parikh Liquid Fund- Direct Plan-Growth
Parag Parikh Liquid Fund (PPLF) is an open-ended Liquid scheme whose investment aims to deliver reasonable market-related returns with high liquidity and lower risk through wise investments in debt and money market instruments.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.22% and 5.09%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹11,987.
- Minimum Investment Amount: The minimum lump sum for the Parag Parikh Liquid Fund is ₹5000; for the Min Add Lumpsum, it is ₹ 1,000; for the Monthly SIP, it is ₹1000; and for the Quarterly SIP, it is ₹ 3,000.
6. Parag Parikh Dynamic Asset Allocation Fund- Direct Plan-Growth
Parag Parikh Dynamic Asset Allocation Fund is an open-ended dynamic asset allocation fund. Investments are made between equity instruments and fixed income and managed dynamically to provide investors with long-term capital appreciation while managing downside risk.
- Fund Performance: The average maturity of the fund (Years) is 3.86. Yield to Maturity is 7.27%, and Macaulay duration (Years) is 3.1762.
- Minimum Investment Amount: The minimum lump sum for the Parag Parikh Dynamic Asset Allocation Fund is ₹5000; for the Min Add Lumpsum, it is ₹ 500; for the Monthly SIP, it is ₹1000; and for the Quarterly SIP, it is ₹ 3,000.
Top Fund Managers
Below is the list of people who have made PPFAS Mutual Fund Investment a standout choice in a highly competitive market.
1. Rajeev Thakkar
Rajeev Thakkar is the Chief Investment Officer (CIO) and Director of the PPFAS Mutual Fund. He has over two decades of relevant experience in various Capital Markets segments, such as corporate finance, investment banking, securities broking, and managing clients' equity investments. He started working at PPFAS Limited in 2001 and headed the Research division.
2. Raunak Onkar
Raunak Onkar started his career with PPFAS as an intern in the Research Team in 2008.
He is now a Fund Manager & Research Head at PPFAS Mutual Fund. He graduated from the University of Mumbai with a BSc. in IT & Masters in Management Studies in Finance.
3. Raj Mehta
Raj Mehta started his career with PPFAS AMC as an intern in 2012 and joined the company as a Research Analyst in 2013. He has managed the scheme's debt component since January 2016. He has collectively over 6 years of investment research experience and manages the Parag Parikh Liquid Fund.
4. Mansi Kariya
Mansi joined PPFAS Mutual Fund in 2018 as a Debt Dealer. She gradually assumed the role of Credit Research Analyst within the Fixed-Income Team and eventually became a Co-Fund Manager of Debt. Previously, she worked as a research associate and senior executive in debt products for 3.5 years.
5. Rukun Tarachandani
Rukun began his career as an Equity Research analyst with Goldman Sachs Global Investment Research in 2013. He manages equity funds at PPFAS Mutual Fund and has over a decade of experience in Equity Markets. Before that, he worked as an equity research analyst with Kotak Mahindra Asset Management, focusing on small and midcap stocks and special situations.
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