A scheme based on time-tested Value Investing principles
We only include companies with low debt, high cash flows, investor-friendly managements , etc. Most important, these must be quoting at a discount to their intrinsic value at the time of purchase. Join us if you too would like to own such companies in your portfolio.
Take the case of a Swiss Army knife. It is a multi-functional gadget having various tools. Similarly, Parag Parikh Long Term Equity Fund has the flexibility to invest in Indian and foreign companies irrespective of market capitalisation and sectors.
65% of corpus invested in Indian equities. Hence it enjoys the same tax benefits as any other Indian equity mutual fund scheme, despite it having the freedom to invest in foreign stocks.
Global advantage... without any tax disadvantage.*
We strongly believe that the following principles of value investing will help us create value for our unitholders.
Through quantitative screening, scrutinising public filings etc.
Involving the industry, peers, historical financial data, etc.
Historical and peer valuation is combined with internal estimates of intrinsic value
In line with internal prudential guidelines and Regulatory stipulations.
At PPFAS Mutual Fund, we are inspired by The Hammurabi Code.
Around 18th Century BC lived a King named Hammurabi who instituted a social law now known as the Hammurabi's code. It is the one of the first evidence of law ever written down. One of the principle features of the code was about the builder - If a builder built a house for a man & the house collapses to cause the death of the owner, then the builder has to be put to death.
TOTAL NUMBER OF UNITS HELD BY 'INSIDERS' IN THE SCHEME AS AT 31-01-2020 = 4.653 crore units of Rs. 10 each. THIS AMOUNTS TO 4.80 %OF THE CURRENT AUM.Having our own skin in the game underlines the willingness to link our financial well-being with yours. This also places an implicit onus on us to eschew reckless behaviour and make optimum use of our time & abilities in order to enhance the scheme's performance.
Empowering you to transact as well as view your holdings online 24 X 7