PPFAS Mutual Fund
- AMC AGE 14 years
- AMC AUM (In Cr) ₹ 1,64,056.99
- Number of Schemes 7
PPFAS Mutual Fund (marketed as Parag Parikh Mutual Fund) is sponsored by PPFAS Limited and is known for its focused, value-oriented investing style. The fund house is relatively small but highly differentiated, with an emphasis on long-term compounding, skin-in-the-game and simple, investor-friendly communication.
PPFAS Mutual Fund schemes are few but distinct—flagship offerings such as its flexi-cap strategy combine Indian equities, select overseas exposure and occasionally cash, following a disciplined valuation framework. For investors seeking concentrated, long-horizon equity exposure, some of the best PPFAS Mutual Fund options may be its core diversified schemes, subject to individual suitability. On 5paisa, you can compare PPFAS Mutual Fund returns with other funds, understand the philosophy and decide how to invest in PPFAS Mutual Fund online.
List of PPFAS Mutual Funds Schemes
| Fund Name | Fund Size (Cr.) | 3Y Returns | 5Y Returns | |
|---|---|---|---|---|
Parag Parikh Flexi Cap Fund - Direct Growth
|
143,388 | 14.03% | 13.23% | |
Parag Parikh ELSS Tax Saver Fund - Direct Growth
|
5,600 | 11.20% | 12.89% | |
Parag Parikh Conservative Hybrid Fund-Dir Growth
|
3,419 | 10.72% | 9.93% | |
Parag Parikh Liquid Fund - Direct Growth
|
5,575 | 6.71% | 5.98% | |
Parag Parikh Arbitrage Fund - Direct Growth
|
2,632 | - | - | |
| Parag Parikh Dynamic Asset Allocation Fund-Dir Growth
|
2,656 | - | - | |
Parag Parikh Large Cap Fund - Direct Growth
|
788 | - | - |
| Fund Name | 1Y Returns | Rating | Fund Size (Cr.) |
|---|---|---|---|
Parag Parikh Flexi Cap Fund - Direct Growth
|
14.03% Fund Size (Cr.) - 143,388 |
||
Parag Parikh ELSS Tax Saver Fund - Direct Growth
|
11.20% Fund Size (Cr.) - 5,600 |
||
Parag Parikh Conservative Hybrid Fund-Dir Growth
|
10.72% Fund Size (Cr.) - 3,419 |
||
Parag Parikh Liquid Fund - Direct Growth
|
6.71% Fund Size (Cr.) - 5,575 |
||
Parag Parikh Arbitrage Fund - Direct Growth
|
- Fund Size (Cr.) - 2,632 |
||
| Parag Parikh Dynamic Asset Allocation Fund-Dir Growth
|
- Fund Size (Cr.) - 2,656 |
||
Parag Parikh Large Cap Fund - Direct Growth
|
- Fund Size (Cr.) - 788 |
Key Information about PPFAS Mutual Fund
- Name of the Mutual Fund
- PPFAS Mutual Fund
- Date of Incorporation
- 08 August 2011
- Setup Date
- 10 October 2012
- Sponsor Name
- Parag Parikh Financial Advisory Services Ltd.
- Trustee Name
- PPFAS Trustee Company Private Limited
- Chief Executive Officer
- Neil Parag Parikh
- Compliance Officer
- Priya Hariani
- Chief Investment Officer
- NA
- Investment Service Officer
- Aalok Mehta
- Auditor
- M/s. M. M. Nissim & Co. LLP
- Custodian
- Deutsche Bank AG
- Registrars
- Computer Age Management Services Pvt. Ltd.
- Address (Head Office)
- 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point
- Telephone No
- 022-61406555
- Fax No
- 022-61406590
PPFAS Mutual Fund Managers
He has over 16 years experience in various segments of the financial markets such as investment banking, corporate finance and securities broking and fund management.
His has been associated with PPFAS Limited for quite a few years.
Mr. Mehta is a B.Com and M.Com from Mumbai University, CA and CFA Level III Pass. Prior to joining PPFAS AMC as a Research Analyst he was associated with the AMC as an intern since 2012. He has collectively over 3 years of experience in investment research.
Mr. Rukun Tarachandani has more than 9 years of experience in the financial market in Equity research and Fund Management (Arbitrage). He is based in Mumbai and will be responsible for fund management of the equity portion of schemes of PPFAS Mutual Fund He joined PPFAS Asset Management Pvt. Ltd. in March 2021 as Vice President - Research. He is involved in Quantitative Research to identify investment opportunities in listed equities. Prior to joining PPFAS Asset Management Pvt. Ltd., his previous assignments held during the last 10 years were as below: 1. Goldman Sachs (India) Securities Pvt Ltd (From April 2013 to March 2015): He was part of the Sell-side Equity Research team focussed on US Banks and Credit Card companies 2. Kotak Mahindra Asset Management Company Limited (From March 2015 to February 2021) Mr. Rukun was appointed as an Equity Research analyst and was involved in Equity Research for Indian stocks across market capitalization and across sectors. He was also responsible for identifying and evaluating special situation investment opportunities in listed equities. He also managed the Kotak Equity Arbitrage Fund from May-2019 to Dec-2019.
Ms. Mansi Kariya Joined PPFAS Asset Management Private Limited in 2018 as Debt Dealer. She is a credit research analyst handling various companies and also a debt dealer. In her previous roles, she has also worked as a research associate and senior executive debt products for 3.5 years.
How to Invest in PPFAS Mutual Fund?
You can invest in PPFAS Mutual Fund through 5paisa just like any other AMC, with a fully digital on-boarding and transaction flow.
Steps to invest
1. Log in to your 5paisa account, or register quickly using your mobile number and email ID.
2. Complete KYC by providing PAN, identity and address documents.
3. Clarify your long-term wealth-creation goals and risk appetite, then shortlist PPFAS Mutual Fund schemes that fit a patient, long-horizon investment style.
4. Review scheme details, including investment philosophy and portfolio construction, on the scheme page.
5. Choose whether to invest via SIP for rupee-cost averaging or via lump sum.
6. Enter the investment amount, verify bank details and confirm the order.
7. Complete mandate authorisation to finalise the investment.
Your PPFAS Mutual Fund holdings will appear in your 5paisa mutual funds portfolio for ongoing monitoring.
How to Invest in PPFAS Mutual Fund ?
You can invest in PPFAS Mutual Fund through 5paisa just like any other AMC, with a fully digital on-boarding and transaction flow.
Steps to invest
1. Log in to your 5paisa account, or register quickly using your mobile number and email ID.
2. Complete KYC by providing PAN, identity and address documents.
3. Clarify your long-term wealth-creation goals and risk appetite, then shortlist PPFAS Mutual Fund schemes that fit a patient, long-horizon investment style.
4. Review scheme details, including investment philosophy and portfolio construction, on the scheme page.
5. Choose whether to invest via SIP for rupee-cost averaging or via lump sum.
6. Enter the investment amount, verify bank details and confirm the order.
7. Complete mandate authorisation to finalise the investment.
Your PPFAS Mutual Fund holdings will appear in your 5paisa mutual funds portfolio for ongoing monitoring.
Top 10 PPFAS Mutual Fund to Invest
- Parag Parikh Flexi Cap Fund - Direct Growth is an Flexi Cap scheme that was launched on 13-05-2013 and is currently under the management of our experienced fund manager Rajeev Thakkar. With an impressive
AUM of ₹143,388 Crores, this scheme's latest NAV is ₹89.7804 as of 7/24/2026 12:00:00 AM.
Parag Parikh Flexi Cap Fund - Direct Growth scheme has delivered a return performance of -2.95% in the last 1 year, 14.03% in the last 3 years, and an 18.14 since its launch. With a minimum SIP investment of just ₹1000, this scheme offers a great investment opportunity for those looking to invest in Flexi Cap Fund.
- Min SIP Investment Amt
- ₹ 1000
- AUM (Cr.)
- ₹ 143,388
- 3Y Return
- 14.03%
- Parag Parikh ELSS Tax Saver Fund - Direct Growth is an ELSS scheme that was launched on 04-07-2019 and is currently under the management of our experienced fund manager Rajeev Thakkar. With an impressive
AUM of ₹5,600 Crores, this scheme's latest NAV is ₹32.0156 as of 7/27/2026 12:00:00 AM.
Parag Parikh ELSS Tax Saver Fund - Direct Growth scheme has delivered a return performance of -7.68% in the last 1 year, 11.20% in the last 3 years, and an 17.94 since its launch. With a minimum SIP investment of just ₹1000, this scheme offers a great investment opportunity for those looking to invest in ELSS.
- Min SIP Investment Amt
- ₹ 1000
- AUM (Cr.)
- ₹ 5,600
- 3Y Return
- 11.20%
- Parag Parikh Conservative Hybrid Fund-Dir Growth is an Conservative Hybrid scheme that was launched on 07-05-2021 and is currently under the management of our experienced fund manager Rajeev Thakkar. With an impressive
AUM of ₹3,419 Crores, this scheme's latest NAV is ₹16.1589 as of 7/27/2026 12:00:00 AM.
Parag Parikh Conservative Hybrid Fund-Dir Growth scheme has delivered a return performance of 4.82% in the last 1 year, 10.72% in the last 3 years, and an 9.68 since its launch. With a minimum SIP investment of just ₹1000, this scheme offers a great investment opportunity for those looking to invest in Conservative Hybrid Fund.
- Min SIP Investment Amt
- ₹ 1000
- AUM (Cr.)
- ₹ 3,419
- 3Y Return
- 10.72%
- Parag Parikh Liquid Fund - Direct Growth is an Liquid scheme that was launched on 09-05-2018 and is currently under the management of our experienced fund manager Tejas Soman. With an impressive
AUM of ₹5,575 Crores, this scheme's latest NAV is ₹1557.8763 as of 7/27/2026 12:00:00 AM.
Parag Parikh Liquid Fund - Direct Growth scheme has delivered a return performance of 6.31% in the last 1 year, 6.71% in the last 3 years, and an 5.54 since its launch. With a minimum SIP investment of just ₹1000, this scheme offers a great investment opportunity for those looking to invest in Liquid Fund.
- Min SIP Investment Amt
- ₹ 1000
- AUM (Cr.)
- ₹ 5,575
- 3Y Return
- 6.71%
- Parag Parikh Arbitrage Fund - Direct Growth is an Arbitrage scheme that was launched on 23-10-2023 and is currently under the management of our experienced fund manager Rajeev Thakkar. With an impressive
AUM of ₹2,632 Crores, this scheme's latest NAV is ₹12.0407 as of 7/27/2026 12:00:00 AM.
Parag Parikh Arbitrage Fund - Direct Growth scheme has delivered a return performance of 6.31% in the last 1 year, - in the last 3 years, and an 7.04 since its launch. With a minimum SIP investment of just ₹1000, this scheme offers a great investment opportunity for those looking to invest in Arbitrage Fund.
- Min SIP Investment Amt
- ₹ 1000
- AUM (Cr.)
- ₹ 2,632
- 3Y Return
- -
- Parag Parikh Dynamic Asset Allocation Fund-Dir Growth is an Dynamic Asset Allocation or Balanced Advantage scheme that was launched on 20-02-2024 and is currently under the management of our experienced fund manager Rajeev Thakkar. With an impressive
AUM of ₹2,656 Crores, this scheme's latest NAV is ₹11.8662 as of 7/27/2026 12:00:00 AM.
Parag Parikh Dynamic Asset Allocation Fund-Dir Growth scheme has delivered a return performance of 3.52% in the last 1 year, - in the last 3 years, and an 7.27 since its launch. With a minimum SIP investment of just ₹1000, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation or Balanced Advantage.
- Min SIP Investment Amt
- ₹ 1000
- AUM (Cr.)
- ₹ 2,656
- 3Y Return
- -
- Parag Parikh Large Cap Fund - Direct Growth is an Large Cap scheme that was launched on 19-01-2026 and is currently under the management of our experienced fund manager Rajeev Thakkar. With an impressive
AUM of ₹788 Crores, this scheme's latest NAV is ₹9.6034 as of 7/27/2026 12:00:00 AM.
Parag Parikh Large Cap Fund - Direct Growth scheme has delivered a return performance of - in the last 1 year, - in the last 3 years, and an -4.92 since its launch. With a minimum SIP investment of just ₹1000, this scheme offers a great investment opportunity for those looking to invest in Large Cap Mutual Funds.
- Min SIP Investment Amt
- ₹ 1000
- AUM (Cr.)
- ₹ 788
- 3Y Return
- -
Closed NFO
-
-
19 Jan 2026
Launch Date
30 Jan 2026
Closed Date
Other Calculators
Frequently Asked Questions
Study the fund house’s long-term, value-oriented approach and compare PPFAS Mutual Fund returns and volatility with your own risk tolerance and holding horizon.
On 5paisa, open the scheme page, choose ‘SIP’, set SIP amount and frequency, and complete the e-mandate process.
Yes, redemptions and switches between schemes are possible via your 5paisa account, subject to exit load and scheme features.
Schemes offered by PPFAS Mutual Funds have their own respective expense ratios that are available for you to check on the individual mutual fund of your choice in the table above.
Most open-ended schemes do not have a statutory lock-in, though exit loads can apply for short holding periods. Any tax-saving or solution-oriented schemes will specify their lock-in upfront.
All PPFAS Mutual Fund holdings are visible in your 5paisa mutual funds section with updated NAV-based valuations and transaction records.
It is fairly simple to increase your SIP amount in PPFAS Mutual Fund with 5paisa app. All you need to do is open up your running SIP on the 5paisa trading app and adjust the SIP amount or add another SIP in another scheme that is aligned with your plan.