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  • PPFAS Mutual Fund :: We have our skin in the game
    AUM (₹ Crores)
    3,513.68
    As on June 30,2020
    NAV (Direct Plan)
    29.4238
    As on Jul 08, 2020
    NAV (Regular Plan)
    28.2011
    As on Jul 08, 2020
    Insider Holdings
    3.82 %
    As on June 30,2020

    We have our skin in the game

    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 Long Term Equity 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 June 30, 2020

      Name Designation Number of units held
      Suneel Rasmikant Gautam Director 1,02,76,002
      Sahil P Parikh Director 12,48,331
      PPFAS Pvt. Ltd. Sponsor Company 4,88,171
      Jignesh C Desai Others 23,810
      Sanjay B Shroff Others 8,931
      Ratnavathi Arun Puthran Others 5,193
      Neeta Milan Shukla Others 3,717
      G Prithvinath Reddy Others 3,440
      Deepali Rathore Others 2,524
      Sonakshi Sunil Mahendra Others 940
      Pritam Mahendra Kijbile Others 812
      Lunar Chandrakant Sutar Others 621
      Aditi Avinash Pandere Others 593
      Frenzina Fernandes Others 36
      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 54,37,603
      Neil Parag Parikh Chairman and CEO 14,70,159
      Kamlesh Mafatlal Somani Independent Director 1,29,001
      Rajesh Bhojani Director 1,10,407
      Arindam Ghosh Director 57,943
      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 1,67,986
      Aalok Ramesh Mehta Head - Investor Relations 1,59,614
      Raunak Onkar Dedicated Fund Manager for overseas investments 1,48,003
      Raj Kirit Mehta Fund Manager - Debt 92,835
      Mahesh Vishvanath Sarode Head Investor Relations - Distributor Channel 73,924
      Raju H Shelat Head - Operations 30,431
      Shashi Menghraj Kataria COO,CFO and Director 21,703
      Priya Hariani Compliance Officer 1,720
      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 57,390
      Usha Dalsukhbhai Galia 37,943
      Palak Kekul Dalal 36,418
      Shailendra Pandey 13,212
      Rohil A Gandhi 6,667
      Ninad Chandrakant Bhosle 6,389
      Bhavya Shah 6,060
      Mansi 5,253
      Yashodhan Nerurkar 4,589
      Mansi Riki Kariya 4,329
      Madhavi D Dey 3,370
      Abhishek Goenka 3,340
      Saransh Banga 3,182
      Sheetal Dhariya 2,801
      Priyanka Yadav 1,095
      Hemant Bhandare 1,024
      NARENDRA KALA 772
      Kamal Billimoria 758
      Makwana Yatin Sureshbhai 296
      Malang Ahmad Shaikh 261
      Vinay Teli 216
      Varun Suhas Dhanawde 39
      Note: These holdings include those of the individual as well as his immediate/dependent family members.

    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.

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

    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 *

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    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.
    © 2020 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]