PPFAS Asset Management Private Ltd., the asset manager for PPFAS Mutual Fund, was established in 2012 and operates as a trust under the Indian Trust Act, 1882. It is registered with SEBI under code MF/069/12. As of March 2024, the AMC manages over ₹64,295.79 crore across more than six schemes. PPFAS AMC follows the "Law of the Farm," which emphasizes the importance of patience, discipline, and steady effort, much like farming. This philosophy is reflected in the AMC's long-term investment approach. One of the unique aspects of PPFAS is its decision to offer only one equity scheme, believing that this single product allows them to invest across various sectors without overwhelming investors with multiple options. They avoid launching new schemes to prevent confusion and help clients make clear investment decisions. Another distinctive feature of PPFAS is its lack of a traditional sales team. Instead of aggressively promoting products, the AMC has a small team of Relationship Managers who focus on building long-term client relationships. Their role extends beyond the initial investment, offering continuous support and guidance to investors. PPFAS also takes a traditional approach to portfolio management, focusing on fundamental factors such as low debt and cash flow, rather than relying on modern tools like algorithms, technical analysis, or momentum-based strategies. This conservative approach appeals to investors who prefer a more cautious market strategy. Furthermore, PPFAS avoids accepting lump-sum investments during bullish markets, acknowledging that while such investments might bring short-term gains, they also carry significant risk. Lastly, the AMC aligns the interests of its employees with those of its clients, requiring its workforce to invest a substantial portion of their surplus in the company's equity fund. This ensures that both management and employees share a common goal with investors.
Fund Name
Rating
1Y Return
3Y Return
Fund Size (in Cr)
Parag Parikh ELSS Tax Saver Fund Direct Growth
5
19.70%
17.85%
₹4385.16 Cr
Parag Parikh Flexi Cap Direct Growth
5
23.84%
17.33%
₹84640.60 Cr
Parag Parikh Conservative Hybrid Fund Direct Growth
5
12.46%
11.55%
₹2344.23 Cr
Parag Parikh Liquid Fund Direct Growth
NA
7.05%
6.15%
₹2313.64 Cr
Parag Parikh Dynamic Asset Allocation Fund Direct Growth
NA
-
-
₹1384.82 Cr
Parag Parikh Arbitrage Fund Direct Growth
NA
7.72%
-
₹1116.17 Cr
Mutual fund name
PPFAS Mutual Fund
Asset Management Company Name
PPFAS Asset Management Pvt. Ltd
AMC Setup Date
10-Oct-2012
AMC Incorporation Date
08-Aug-2011
Sponsor Name
Parag Parikh Financial Advisory Services Pvt Ltd.
Trustee Organisation
PPFAS Trustee Company Pvt. Ltd.
CIO
Mr. Rajeev Thakkar
MD & CEO
Mr. Neil Parag Parikh
Compliance Officer
Ms. Priya Hariani
To invest in ppfas mutual funds Mutual Funds through the Lemonn App, you can follow these general steps:
Step 1 : Download the Lemonn App
If you haven't already, download the Lemonn App from the Google Play Store or Apple App Store.
Step 2 : Sign up / Log in
Sign up by providing your phone number and completing the basic registration process.
If you already have an account, simply log in.
Step 3 : Complete KYC
Before investing, ensure your KYC (Know Your Customer) verification is complete. Most mutual fund apps will guide you through this. You’ll need PAN, Aadhaar, and other necessary details.
Step 4 : Search for ppfas mutual funds Mutual Funds
Once your KYC is done, search for the ppfas mutual funds Mutual Fund schemes you're interested in by using the search bar.
Step 5 : Choose a Scheme
You will see a list of various funds under ppfas mutual funds. Explore the options, check their performance, risk profile, and investment objectives.
Choose a scheme that aligns with your investment goals (e.g., equity, debt, hybrid funds).
Step 6 : Decide on the Investment Amount
You can either make a lump sum investment or set up a SIP (Systematic Investment Plan) to invest a fixed amount periodically.
Step 7 : Confirm the Investment
Enter the amount you wish to invest.
Review the details and confirm the payment method (Net Banking, UPI, etc.).
After making the payment, you will receive a confirmation of your investment.
Step 8 : Track Your Investment
You can track the performance of your ppfas mutual funds Mutual Funds on the Lemonn App dashboard. It will show NAV, returns, and other key details.
If you need any assistance, the Lemonn App usually has customer support or chat options to help. Keep an eye on expenses like entry/exit loads and expense ratios to optimize returns!
Mr. Rajeev Thakkar
Mr. Rajeev Thakkar has been a key figure at PPFAS Mutual Fund since 2001, where he became the Chief Investment Officer in 2007. He also serves as the Associate Director and Fund Manager of Equity at the firm. Currently, he oversees an AuM of Rs. 1,896 Lakh invested in the Parag Parikh Long Term Equity Fund. Mr. Thakkar’s career began with assisting the equity research team in broking operations and also managing Portfolio Management Services (PMS). He played a significant role in the company when it introduced web-based broking services. He holds a B.Com degree from Narsee Monjee Institute of Management Studies and has a certificate in Forex Management and Treasury from ICFAI. In addition, he is a Chartered Accountant, Cost Accountant, and Chartered Financial Analyst (CFA).
Mr. Raunak Onkar
Mr. Raunak Onkar is currently the Head of Research and Fund Manager of Overseas Securities at PPFAS Asset Management Private Ltd. Since 2012, he has managed the Parag Parikh Long Term Equity Fund. Mr. Onkar’s journey at PPFAS began in 2008 when he joined as a Research Trainee. He was promoted to Analyst for the Research Team in 2009. He holds a B.Sc in Information Technology and an MMS in Finance degree from the University of Mumbai.
Mr. Raj Mehta
Mr. Raj Mehta is currently a Fund Manager at PPFAS Mutual Fund, where he has been since 2016. He manages an AuM of Rs. 2,164 Crore invested in the Parag Parikh Liquid Fund and Parag Parikh Long Term Equity Fund. Mr. Mehta began his career as an Article Assistant at K. P. Mehta & Co. in 2007. He joined PPFAS in 2012 as a Research Trainee and was promoted to Research Analyst in 2013.
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1.Should I invest in a PPFAS Mutual fund scheme?
2.How to Start a PPFAS Mutual Fund SIP online?
3.How to redeem PPFAS Mutual funds Online?
4.How much time does it take to redeem the PPFAS Mutual funds?
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