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  • REITs-and-InvITs
    No of Folios
    108,809
    As on Sep 18, 2019​
    AUM (₹ Crores)
    2,066.68
    As on August 30, 2019
    NAV (Direct Plan)
    25.7089
    As on Sep 18, 2019
    NAV (Regular Plan)
    24.8143
    As on Sep 18, 2019
    Insider Holdings
    5.78 %
    As on August 30, 2019

    Changes to the offer document [REITs and InvITs]

    Date: August 23, 2019

    We have been getting a lot of questions on the changes to the offer document and the statutory email sent yesterday with the subject 'Change in Fundamental Attributes of Parag Parikh Long Term Equity Fund'.

    We are giving the answers to these questions below:
    • REITs / InvITs have been introduced in Indian markets post our scheme launch and hence were not part of the original offer document. The change is an enabling provision to invest in these instruments if and when opportunities arise in this space. No immediate investment is envisaged. The focus remains on Indian and International equities.
    • CBLO has been replaced by TREPS and cash equivalent securities post regulatory changes in money markets.


    Riskometer
    riskometerThe investment objective of the Scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities, foreign equities and related instruments and debt securities.

    Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them.

    Download SID/SAI and KIM here.

    Name of the Scheme

    Parag Parikh Long Term Equity Fund

    Investment Objective

    To seek to generate long term capital growth from an actively managed portfolio of equity and equity related securities.

    Type of the scheme

    An Open Ended Equity Scheme

    Date of Allotment

    May 24, 2013

    Minimum Application Amount

    New Purchase: ₹ 1,000;
    Additional Purchase: ₹ 1,000;
    Monthly SIP: ₹ 1,000;
    Quarterly SIP: ₹ 3,000;

    Expense Ratio with effect from 1st April, 2019*

    Regular Plan: 1.96%*
    Direct Plan: 1.21%*
    * Exclusive of GST on management fees.

    Entry Load

    Not Applicable

    Exit Load

     2.00 % if the investment is redeemed on or before 365 days from the date of allotment of units
     1.00 % if the investment is redeemed after 365 days but on or before 730 days from the date of allotment of units.
     No Exit Load will be charged if investment is redeemed after 730 days from the date of allotment of units.


    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
    © 2019 PPFAS Asset Management Private Limited. All rights reserved.
    Sponsor: Parag Parikh Financial Advisory Services Private Limited. [CIN: U67190MH1992PTC068970], Trustee: PPFAS Trustee Company Private Limited. [CIN: U65100MH2011PTC221203], Investment Manager (AMC): PPFAS Asset Management Private Limited. [CIN: U65100MH2011PTC220623]