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  • PPFAS Mutual Fund :: We have our skin in the game
    AUM (₹ Crores)
    14,590.35
    As on August 31, 2021
    NAV (Direct Plan)
    52.1725
    As on Sep 20, 2021
    NAV (Regular Plan)
    49.4037
    As on Sep 20, 2021
    Insider Holdings
    Rs. 243.113 Cr.
    As on August 31, 2021

    We have our skin in the game


    Parag Parikh Flexi Cap Fund
    ₹ 243.113 Cr.
    Parag Parikh Liquid Fund
    ₹ 43.484 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 tomes of assurances ever can.

    Details of Insider Holdings as at August 31, 2021

      Name Designation Number of units held
      Suneel Rasmikant Gautam Director 1,09,17,775
      Sahil P Parikh Director 12,79,239
      PPFAS Pvt. Ltd. Sponsor Company 4,88,171
      Jignesh C Desai Others 23,810
      Ratnavathi Arun Puthran Others 8,488
      Sanjay B Shroff Others 5,802
      Neeta Milan Shukla Others 5,779
      G Prithvinath Reddy Others 5,616
      Deepali Rathore Others 3,244
      Sonakshi Sunil Mahendra Others 1,493
      Lunar Chandrakant Sutar Others 704
      Pritam Mahendra Kijbile Others 445
      Aditi Avinash Pandere Others 233
      Note: These holdings include those of the individual as well as his immediate/dependent family members.
      Name Designation Number of units held
      Geeta Parag Parikh - 1,55,71,156
      PPFAS ASSET MANAGEMENT PVT LTD 1,21,05,265
      Rajeev Navinkumar Thakkar Director and CIO 45,36,037
      Neil Parag Parikh Chairman and CEO 15,91,574
      Kamlesh Mafatlal Somani Independent Director 1,42,885
      Rajesh Bhojani Director 1,19,905
      Note: Holdings of Late Mr.Parag S. parikh are transmitted to Geeta Parag Parikh.
      Name Designation Number of units held
      Jayant R Pai Head - Marketing 1,83,474
      Raunak Onkar Dedicated Fund Manager for overseas investments 1,60,347
      Aalok Ramesh Mehta Head - Investor Relations 1,59,614
      Mahesh Vishvanath Sarode Head Investor Relations - Distributor Channel 70,339
      Raj Kirit Mehta Fund Manager - Debt 60,273
      Raju H Shelat Head - Operations 39,293
      Shashi Menghraj Kataria COO,CFO and Director 26,330
      Priya Hariani Compliance Officer 1,962
      Ranbir D.Nayal Head - IT Infrastructure 1,682
      Note: These holdings include those of the individual as well as his immediate/dependent family members.
      Name Number of units held
      Ashok Pandurang Kerkar 67,003
      Palak Kekul Dalal 43,856
      Usha Dalsukhbhai Galia 41,328
      Shailendra Pandey 14,132
      Saransh Banga 11,905
      Rohil A Gandhi 9,221
      Mansi 7,004
      Madhavi D Dey 5,089
      Mansi Riki Kariya 4,329
      Sheetal Dhariya 4,096
      Nehal Salvi 3,768
      Abhishek Goenka 3,340
      Yashodhan Nerurkar 1,531
      Hemant Bhandare 1,395
      Priyanka Yadav 1,168
      NARENDRA KALA 1,139
      Kamal Billimoria 848
      Ninad Chandrakant Bhosle 351
      Makwana Yatin Sureshbhai 296
      Malang Ahmad Shaikh 261
      Vinay Teli 186
      Note: These holdings include those of the individual as well as his immediate/dependent family members.

    Parag Parikh Flexi Cap Fund - Riskometer
    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.

    Download SID/SAI and KIM here.

    Parag Parikh Liquid Fund - Riskometer
    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.

    Download SID/SAI and KIM here.
    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

    Parag Parikh Tax Saver Fund - Riskometer
    riskometerThis product is suitable for investors who are seeking*
    (I) Long term capital appreciation
    (II) 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.

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


    Name of the Scheme

    Parag Parikh Flexi Cap 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 dynamic equity scheme investing across large cap, mid cap, small cap stocks.

    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 *

    Please visit this link

    Entry Load

    Not Applicable

    Exit Load

     2.00 % if the investment is redeemed or switched on or before 365 days from the date of allotment of units
     1.00 % if the investment is redeemed or switched 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 or switched after 730 days from the date of allotment of units.



    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
    © 2021 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]