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  • PPFAS Mutual Fund :: Investmemt Process : Parag Parikh Long Term Equity Fund
    No of Folios
    78,029
    As on Apr 18, 2019​
    AUM (₹ Crores)
    1,737.93
    As on Mar 29, 2019
    NAV (Direct Plan)
    26.1428
    As on Apr 18, 2019
    NAV (Regular Plan)
    25.3136
    As on Apr 18, 2019
    Insider Holdings
    6.87 %
    As on Mar 29, 2019

    Investment Process - Parag Parikh Long Term Equity Fund

    Objective
    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.

    Buying securities at a discount to intrinsic value will help to create value for investors. Our investment philosophy is to invest in such value stocks.

    Long Term refers to an investment horizon of 5 years and more.
    Process
    Identifying Investments
    • Review public filings
    • Periodic quantitative screens
    • Tracking known businesses & industries
    • Peer review of businesses
    Fundamental Research
    • Industry Analysis
    • Competitive Analysis of business v/s Peers
    • Review historical financial & operational data
    • Qualitative evaluation of business & management
    Valuation Study
    • Historical normal valuation
    • Peer comparison
    • Internal estimates & range of intrinsic value
    Portfolio Construction
    • Buy / Sell Discipline: Opportunistic
    • Security Risk Control: Not more than 10% of portfolio in a single security (as per SEBI Guidelines)
    • Follow portfolio guidelines
    Portfolio Guidelines
    Sr No Parameter Guideline
    1 Ideal Market Cap Any Market Cap
    2 Max Cash in Portfolio Opportunistic retention or use of Cash (upto 35%)
    3 Max International Limits 35% of overall portfolio
    4 Max Single Position Size 10% (as per SEBI Guidelines)
    5 No of Companies held 20-25 (in exceptional cases 25+)
    6 Benchmark NIFTY 500
    7 Our Performance Focus Focus on absolute returns as well as beating the benchmark over the long term

    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: 1.97%*
    Direct Plan: 1.22%*
    * 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]