Skip to Navigation Skip to Main Content Contact us
Skip to Navigation Skip to Main Content Contact us
  • PPFAS Mutual Fund :: We have our skin in the game
    AUM (₹ Crores)
    71,700.48
    As on June. 30, 2024
    NAV (Direct Plan)
    83.2619
    As on Jul 19, 2024
    NAV (Regular Plan)
    76.9220
    As on Jul 19, 2024
    Insider Holdings
    439.85
    As on June. 30, 2024

    We have our skin in the game


    Parag Parikh Flexi Cap Fund
    ₹ 439.85 Cr.
    Parag Parikh Liquid Fund
    ₹ 60.77 Cr.


    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.

    Such a punishment seems incredibly harsh especially when there can be many reasons for the collapse. But with such a heavy downside in place, the builder has absolutely no incentive to cut corners in constructing the house. He has to use the best materials & the best building techniques to build the best possible house which will last for a long time. The builder literally has his own skin in the success & longevity of the building.

    This type of a system ensures a very strict moral obligation & not just a professional responsibility. How could this same moral obligation be translated to the fund management business?

    Ideally, in the fund management profession, the only way to instill a sense of accountability is to ensure that the Fund Management team is investing their own monies along with those of the clients'. At PPFAS Mutual Fund, this ideal transcends into reality, as the key stakeholders in the Fund have invested a substantial portion of their equity investments in Parag Parikh Flexi Cap Fund.

    Having our own skin in the game demonstrates the willingness to link our financial well-being with yours. This also places an implicit onus on us to make optimum use of our time & abilities in order to enhance the scheme's performance and eschew the reckless behaviour that fund managers are sometimes accused of.

    By investing in our scheme and disclosing it every month, we are going beyond the extant Regulations. We believe that this one disclosure will serve to inspire greater confidence among our unitholders, than thousands of times of assurances ever can.

    Details of Insider Holdings as at June 30, 2024

      Name Designation Number of units held
      Suneel Rasmikant Gautam Director 1,10,05,011
      Hitesh Dharmasinh Gajaria Director 23,98,334
      Sahil P Parikh Director 11,67,740
      PARAG PARIKH FINANCIAL ADVISORY SERVICES LTD Sponsor Company 10,08,790
      Neeta Milan Shukla Others 13,715
      Rohil A Gandhi Fund Manager & Principal Officer 8,302
      Pritam Mahendra Kijbile Others 2,172
      Note: These holdings include those of the individual as well as his immediate/dependent family members.
      Name Designation Number of units held
      PPFAS ASSET MANAGEMENT PVT LTD AMC Company 2,37,76,714
      Geeta Parag Parikh Promoter 55,61,995
      Rajeev Navinkumar Thakkar Director and CIO 49,85,265
      Neil Parag Parikh Chairman and CEO 19,95,296
      Rajesh Bhojani Independent Director 1,41,786
      Subrata Kumar Mitra Independent Director 32,918
      Note: Holdings of Late Mr.Parag S. parikh are transmitted to Geeta Parag Parikh.
      Name Designation Number of units held
      Dhaval Sumantrai Desai Independent Director 4,10,912
      Burjor Dorab Nariman Independent Director 45,028
      V RAMESH Independent Director 102
      Note: These holdings include those of the individual as well as his immediate/dependent family members.
      Name Designation Number of units held
      Raunak Onkar Dedicated Fund Manager for overseas investments 2,79,923
      Jayant R Pai Chief Marketing Officer 1,84,542
      Aalok Ramesh Mehta Chief Sales Officer - Direct Channel and Head Investor Relations 1,77,218
      Mahesh Vishvanath Sarode Chief Sales Officer – Distribution Channel 64,421
      Raj Kirit Mehta Fund Manager - Debt 33,066
      Raju H Shelat Head - Back Office Operations 30,109
      Sanjay B Shroff Head-Admin 25,084
      Shailendra Pandey Head - Corporate Communications And Distributor Channel (North & South) 23,360
      Rukun R Tarachandani Fund Manager - Equity 13,373
      Priya Hariani Chief Compliance Officer and Company Secretary 1,962
      Ranbir D.Nayal Chief Information Security Officer and Head - IT 1,682
      Shubham Gupta Chief Risk Officer 297
      Note: These holdings include those of the individual as well as his immediate/dependent family members.
      Name Number of units held
      Ashok Pandurang Kerkar 52,761
      Usha Dalsukhbhai Galia 36,311
      Ratnavathi Arun Puthran 30,765
      Saransh Banga 30,579
      Paresh Ashok Kerkar 28,501
      Jignesh C Desai 23,810
      Parminder Singh Surendar Singh Saini 12,799
      Prithvinath Reddy Gaddam 8,812
      Madhavi D Dey 8,061
      Mansi 4,973
      Priyank Soni 3,512
      Digamber Singh Bisht 3,227
      Janhavi Udyavar 3,166
      Avijit Roy 3,157
      Lunar Chandrakant Sutar 3,103
      Biju Abraham Verghese 3,030
      D Megalingam 3,020
      Mansi Riki Kariya 2,839
      Priyanka Mangesh Shetye 2,615
      Akhil Anilkumar 2,459
      Abimanue A 2,364
      R Karthika 2,056
      Vinay Teli 2,005
      Nikhila K 1,801
      Sudhakaran Gopalan 1,781
      Vrutti Mehta 1,665
      Oly Das 1,608
      Priyanka Yadav 1,293
      Kavita Sahadeo Kamble 1,276
      Sneh Bhatia 1,033
      Aditi Avinash Pandere 840
      Harikrishna Ramabadraiah Theerupari 806
      R Venkataramana 731
      Paresh Dilipkumar Shukla 683
      Sanket Sahadev Yadav 634
      Premprakash Dubey 618
      Manisha Jeetendra Singh 618
      Chandrashekhar Vishram Navrat 608
      Sonal Vinod Makwana 595
      Sagarkumar Anilbhai Pandya 528
      Arun Yadav 417
      Abhishek Tyagi 394
      Ninad Chandrakant Bhosle 376
      NARENDRA KALA 346
      Era Naynish Kadam 319
      Apala Bose 299
      Makwana Yatin Sureshbhai 296
      Prasanna Vilas Patil 262
      Valerian Francis Fernandes 221
      Arijit Chakraborty 152
      Shivin Kumar 129
      Rahul Rana 109
      Shrikant P Pancholi 101
      Aarti Santosh Kharade 94
      Vivek V Patankar 25
      Nisha Pravinbhai Kachhela 23
      Anoka 19
      Abhishek Goenka 12
      Note: These holdings include those of the individual as well as his immediate/dependent family members.

    Parag Parikh Flexi Cap Fund
    riskometerThis product is suitable for investors who are seeking*
    The 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 the product is suitable for them.


    Parag Parikh Liquid Fund
    riskometer This product is suitable for investors who are seeking*
    • Income over short term
    • Investments in Debt/money market instruments


    *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

    Parag Parikh ELSS Tax Saver Fund
    riskometerThis product is suitable for investors who are seeking*
  • Long term capital appreciation
  • Investment predominantly in equity and equity related securities.


  • *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

    Parag Parikh Conservative Hybrid Fund
    riskometerThis product is suitable for investors who are seeking*
  • To generate regular income through investments predominantly in debt and money market instruments.
  • Long term capital appreciation from the portion of equity investments under the scheme.


  • *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

    Parag Parikh Arbitrage Fund
    riskometerThis product is suitable for investors who are seeking*
  • To generate income by investing in arbitrage opportunities.
  • Predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market.


  • *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

    Parag Parikh Dynamic Asset Allocation Fund
    riskometerThis product is suitable for investors who are seeking*
  • Capital Appreciation & Income generation over medium to long term.
  • Investment in equity and equity related instruments as well as debt and money market instruments while managing risk through active asset allocation


  • *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

    Download SID/SAI and KIM here.

    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.


    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
    © PPFAS Asset Management Private Limited. All rights reserved.
    Sponsor: Parag Parikh Financial Advisory Services Limited. [CIN: U67190MH1992PLC068970], Trustee: PPFAS Trustee Company Private Limited. [CIN: U65100MH2011PTC221203], Investment Manager (AMC): PPFAS Asset Management Private Limited. [CIN: U65100MH2011PTC220623]