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  • PPFAS Mutual Fund :: We have our skin in the game
    AUM (₹ Crores)
    19,933.09
    As on Dec 31, 2021
    NAV (Direct Plan)
    54.4037
    As on Jan 18, 2022
    NAV (Regular Plan)
    51.3536
    As on Jan 18, 2022
    Insider Holdings
    Rs. 283.763 Cr.
    As on Dec 31, 2021

    We have our skin in the game


    Parag Parikh Flexi Cap Fund
    ₹ 283.763 Cr.
    Parag Parikh Liquid Fund
    ₹ 30.029 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 December 31, 2021

      Name Designation Number of units held
      Suneel Rasmikant Gautam Director 1,09,06,082
      Sahil P Parikh Director 12,93,038
      PARAG PARIKH FINANCIAL ADVISORY SERVICES LTD Sponsor Company 4,88,171
      Ratnavathi Arun Puthran Others 27,937
      Jignesh C Desai Others 23,810
      Neeta Milan Shukla Others 6,571
      Prithvinath Reddy Gaddam Others 6,084
      Sanjay B Shroff Others 4,757
      Deepali Rathore Others 4,367
      Sonakshi Sunil Mahendra Others 1,493
      Sameer Vishnu Ghume Others 723
      Lunar Chandrakant Sutar Others 722
      Sachin Nathuram Pawar Others 541
      Aditi Avinash Pandere Others 494
      Pritam Mahendra Kijbile Others 482
      Milind Dattaram Chavan Others 58
      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 1,60,23,147
      Geeta Parag Parikh - 1,55,71,156
      Rajeev Navinkumar Thakkar Director and CIO 45,39,760
      Neil Parag Parikh Chairman and CEO 16,08,313
      Kamlesh Mafatlal Somani Independent Director 1,42,885
      Rajesh Bhojani Director 1,21,815
      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
      Aalok Ramesh Mehta Head - Investor Relations 1,58,977
      Mahesh Vishvanath Sarode Head Investor Relations - Distributor Channel 70,789
      Raj Kirit Mehta Fund Manager - Debt 62,293
      Raunak Onkar Dedicated Fund Manager for overseas investments 51,730
      Raju H Shelat Head - Operations 39,666
      Shashi Menghraj Kataria COO,CFO and Director 27,377
      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 69,667
      Palak Kekul Dalal 45,309
      Usha Dalsukhbhai Galia 41,760
      Shailendra Pandey 14,732
      Saransh Banga 12,630
      Rohil A Gandhi 9,131
      Mansi 7,674
      Madhavi D Dey 5,313
      Sheetal Dhariya 4,470
      Mansi Riki Kariya 4,329
      Nehal Salvi 3,768
      Abhishek Goenka 3,340
      Hemant Bhandare 1,468
      Priyanka Yadav 1,263
      Yashodhan Nerurkar 1,239
      NARENDRA KALA 1,215
      Kamal Billimoria 1,018
      Vinay Teli 442
      Ninad Chandrakant Bhosle 351
      Makwana Yatin Sureshbhai 296
      Malang Ahmad Shaikh 261
      Radheshyam Sahani 0
      Shivin Kumar 0
      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.
    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

    Parag Parikh 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.

    Download SID/SAI and KIM here.

    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

     In respect of each purchase / switch-in of Units, 10% of the units (“the limit”) may be redeemed without any exit load from the date of allotment.
     Any redemption or switch-out in excess of the limit shall be subject to the following 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.
      No exit load will be charged, in case of switch transactions between Regular Plan and Direct Plan of the Scheme for existing as well as prospective investors.



    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
    © 2022 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]