PPFAS Asset Management Private Ltd. manages Parag Parikh Mutual Fund, established in 2012 by Late Parag Parikh. Also known as PPFAS Mutual Fund, has a stand-out and unique approach towards managing funds.
They manage a total of 5 mutual fund schemes, including 2 equity, 1 debt, and 3 hybrid schemes. As of 2024, the AUM of Parag Parikh Mutual Fund is Rs. 62207 crore. The AMC's key people include Neil Parag Parikh, the Chairman and CEO, and Rajeev Thakkar, the Chief Information Officer (CIO) and Equity Fund Manager. The asset management company chose a tortoise named Professor Tortoise or ProTo as its logo because it represents wisdom and experience, which aligns with their investing philosophy.
Parag Parikh (PPFAS) Mutual Funds
October, 2012
PPFAS Trustee Company Pvt Ltd
After you have understood the details about Parag Parikh Mutual Fund, it is time for you to start your investment process with INDmoney. Below are some simple steps to follow to start your mutual fund's investment journey with us.
Step 1:
Download the INDmoney app and create your free investment account by completing your KYC ( Know Your Customer).
Step 2:
Once your Free investment account is ready, you can either search for Parag Parikh Mutual Fund or go to the mutual fund section.
Step 3:
Choose any Parag Parikh Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUM, Expense ratios and underlying stocks and sectors.
Step 4:
You can choose to set up SIP in any Parag Parikh Mutual Fund or even invest as a lump sum. Once you are on the individual Parag Parikh Mutual Fund page click from the bottom "One-time" for lump sum investment or "SIP" for a systematic investment plan.
Step 5:
Choose the amount that you want to invest as SIP or LumpSum.
Step 6:
Set up payments. If you choose to set up SIP in any Parag Parikh Mutual Fund, you can do a free automatic pay set-up via bank mandate or UPI. If you choose to invest in a lump sum (one-time) then you can pay via UPI, net banking, NEFT or RTGS.
305, 3rd Floor, 349 Business Point Commercial Premises Co-op. Society Ltd., Western Express Highway, Andheri (East), Mumbai - 400 069, Maharashtra, INDIA.
91 22 6140 6555, 1800-266-7790
mf@ppfas.com
The following highlights the eligibility criteria for investing in PPFAS Mutual Fund:
You must submit a signed Parag Parikh Mutual Fund application form for direct investment.
Rs. 1000 is the minimum amount for lumpsum investment and Rs. 1000 is the minimum SIP amount required for Parag Parikh Flexi Cap Mutual Fund Direct-Growth
You can calculate the Daily/ Weekly/ Monthly/ Quarterly SIP Amount for all Parag Parikh Mutual Funds using Parag Parikh Mutual Funds SIP Calculator.
1.Parag Parikh Flexi Cap Direct Growth
2.Parag Parikh ELSS Tax Saver Fund Direct Growth
3.Parag Parikh Liquid Fund Direct Growth
are the three top-performing Parag Parikh Mutual Funds
You can receive your Parag Parikh Mutual Fund account statement on your registered email and INDMoney’s online portal after you invest.
SEBI regulates transactions at Parag Parikh Mutual Fund. It ensures the financial security of the investments. You must bear in mind though that mutual fund investments are subject to market risks. Thus, you must study the market risks before investing in Parag Parikh Mutual Fund.
There are various ways you can redeem your Parag Parikh Mutual Fund. If you have invested from IND money, you can simply place your redemption request from the INDmoney mobile app.
Some of the factors you should consider for investing in a mutual fund are:
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