Parag Parikh Long Term Equity Fund

Disclosure of Executive Remuneration [2017-18]

Sr No.	Name	Designation	Remuneration
1	Neil Parikh	Chief Executive Officer	₹ 41,92,567
2	Rajeev Thakkar	Chief Investment Officer	₹ 1,20,09,547
3	Shashi Kataria	Chief Operating Officer	₹ 24,61,738

Details of top 10 employees in terms of remuneration drawn for FY 2017-18

Sr No.	Name	Designation	Remuneration
1	Rajeev Thakkar	Chief Investment Officer	₹ 12,009,547
2	Neil Parikh	Chairman & Chief Executive Officer	₹ 4,192,567
3	Aalok Mehta	Head Investor Relations - Retail Sales	₹ 2,751,334
4	Raunak Onkar	Fund Manager ( Overseas )	₹ 2,748,472
5	Jayant Pai	Head Marketing	₹ 2,688,560
6	Shashi Kataria	Chief Operating Officer	₹ 2,461,738
7	Mahesh Sarode	Head - Investor Relations - Distributor Channel	₹ 2,325,934
8	Raj Mehta	Fund Manager ( Debt )	₹ 1,506,432
9	Raju Shelat	Head - Back Office Operations	₹ 1,455,000
10	Shailendra Pandey	Head - Corporate Communications	₹ 1,384,534

• AMC has no other employee who is paid annual remuneration equal to or above one crore and two lakh rupees for FY 2017-2018.
• AMC has no employee who's monthly remuneration in the aggregate was not less than eight lakh and fifty thousand rupees per month for a part of the FY 2017-18.

Ratio of CEO's remuneration to median remuneration of AMC employees : 6.95 times

Average Assets Under Management (AAUM)

₹ in Crores
Particulars	2015-16	2016-17	2017-18
Total AAUM	609	675.6	878.76
Equity AAUM	609	675.6	878.76
Debt AAUM	Nil	Nil	Nil
Rate of growth	23.03%	10.94%	30.07%

Note: PPFAS Mutual Fund launched its First Scheme in May 2013.