Parag Parikh Long Term Value Fund is a diversified equity scheme. Offer Document is available in the 'Downloads' section.
Its investment universe is not restricted by any self-imposed limitations in terms of sector, market capitalisation, geography, etc. However, an average of 65% of its corpus will be invested in listed Indian equities, in order to benefit from the favourable Capital Gains tax treatment accorded to such schemes.
The domestic portion of the scheme will be managed by Mr. Rajeev Thakkar, while Raunak Onkar manages the foreign investment component. Raj Mehta is responsible for the 'fixed income' investment component.
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 this scheme is suitable for them.
Download SID/SAI and KIM here.
Name of the Scheme
Parag Parikh Long Term Value Fund
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;
Regular Plan: 2.44%*
Direct Plan: 1.88%*$
* * Inclusive of GST on management fees & additional charge in respect of sales beyond T-15 cities. $ "Inclusive of Asset Management Company (AMC) AUM for which we are not charging any management fees as per SEBI guideline"
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.