PPFAS Mutual Fund

PPFAS (Parag Parikh Financial Advisory Services Limited) Asset Management Pvt. Ltd. is a renowned Indian asset management company offering mutual fund schemes to Indian and foreign investors. PPFAS AMC is the registered asset manager of PPFAS Mutual Fund. The mutual fund house was founded in 2012, and the first scheme was launched in May 2013. Its SEBI registration number is MF/069/12.

PPFAS Mutual Fund currently provides one equity scheme (Parag Parikh Flexi Cap Fund), one ELSS scheme (Parag Parikh Tax Saver Fund), one hybrid fund (Parag Parikh Conservative Hybrid Fund), and one liquid fund (Parag Parikh Liquid Fund).  Investors can invest in PPFAS mutual funds both online and offline (through empanelled distributors) in India.

Best PPFAS Mutual Funds

- Sort by - Name (Asc.) Name (Desc.) Category (Asc.) Category (Desc.) Rating (Asc.) Rating (Desc.) Fund (Asc.) Fund (Desc.) 1Y Returns (Asc.) 1Y Returns (Desc.) 3Y Returns (Asc.) 3Y Returns (Desc.) 5Y Returns (Asc.) 5Y Returns (Desc.)

Fund Name ⯅ ⯆	Category ⯅ ⯆	Rating ⯅ ⯆	Fund Size (in Cr) ⯅ ⯆	1Y Returns ⯅ ⯆	3Y Returns ⯅ ⯆	5Y Returns ⯅ ⯆
Parag Parikh Flexi Cap Fund	Equity	5	29,953	2.3	33.5	17.6
Parag Parikh Tax Saver Fund	Equity	5	1,147	8.0	33.0	-
Parag Parikh Liquid Fund	Debt	1	1,456	5.2	3.9	-
Parag Parikh Conservative Hybrid Fund	Hybrid	-	1,227	6.5	-	-

Parag Parikh Financial Advisory Services Limited originated as Parag Parikh Securities Ltd. in 1983. It was registered with the Bombay Stock Exchange as an equity brokerage house. In 1994, the name of the company was changed to Parag Parikh Financial Advisory Services Limited (PPFAS). The company was the first in India to launch a Portfolio Management Service or PMS named Cognito in 1996. PPFAS Limited has a rich and diverse experience of over two years in portfolio management in equity, fixed income, and mutual funds. The company’s clientele includes mutual fund houses, financial institutions, banks, foreign institutional investors, corporate houses, and individual investors. 

PPFAS mutual fund’s board of directors include Mr Neil Parikh, Mr Rajeev Thakkar, Mr Suneel Gautam, Mr Sahil Parikh, Mr Shashi Kataria, and Ms Dipti Neelakantan (Independent Director). 

PPFAS mutual fund has a unique perspective of the market. Unlike other mutual fund houses, they provide only one scheme each in equity, ELSS, liquid, and hybrid. They believe that if full attention is given to one fund, it will outperform all other funds in the category. The fund house always keeps about 20% of the total Asset Under Management (AUM) as cash and cash equivalent.  This ensures that they can tap into the market when the valuations are attractive. 

PPFAS mutual fund has witnessed a steady jump in its investor base. While the total number of investors in March 2014 was a modest 1,726, it has now grown to 655,738 (as of March, 2021). Also, its SIP book size has grown to INR 158.23 in March 2014, compared to INR 0.05 crore in March 2014. The fund house’s operating income has increased to INR 3,313.04 lakhs in March 2021, as against INR 1,876.12 lakhs in March 2020. Moreover, the company’s Profit After Tax or PAT has expanded to INR 919.18 lakhs in the financial year 2020-21, compared to INR 369.12 lakhs in 2019-20. 

PPFAS AMC Ltd Key Information

PPFAS Mutual Fund Managers

Mr Rajeev Thakkar

Mr Rajeev Thakkar, B. Com (Bombay University), Chartered Accountant, CFA Charter Holder and Grad ICWA, is the Chief Investment Officer and Equity Fund Manager at PPFAS Mutual Fund. He joined the company in 2001 and was the Chief Executive Officer of PPFAS Mutual Fund until 2012. He has been working with PPFAS AMC since 2013 and currently manages 4 schemes with an AUM of ₹23,819 Cr. Mr Thakkar has diverse experience in money management and financial services. His expertise includes investment banking, broking, fixed income portfolio management, and PMS operations.  

Mr Raunak Onkar

Mr Raunak Onkar, Bsc. IT (Bombay University) and MMS- Finance (Bombay University), joined PPFAS Limited in 2009 after finishing his internship. Presently, he is an associate fund manager and the dedicated fund manager for overseas investments. He has been managing the PPFAS mutual fund’s overseas segment since it was launched in May 2013. Mr Onkar has over ten (10) years of experience in the equity and capital market. His initial role was Research Analyst at PPFAS Limited. He was subsequently promoted to Head-Research in 2011. He is working with the company as an Associate Fund Manager and manages 4 different schemes with an AUM of ₹1,495 Cr.

Mr Raj Mehta

Mr Raj Mehta, B.Com, M.Com (Mumbai University), Chartered Accountant, CFA Charter Holder, joined PPFAS Mutual Fund as an intern in 2012. Presently, he works as a Debt Fund Manager. He currently manages 6 schemes with an AUM of ₹25,211 Cr. He is an ICAI (Institute of Chartered Accountants of India) Fellow Member. He has also been awarded with the certificate by NCFM and FIMMDA for completing the ‘NSE Debt Market Module.’ He is regularly invited to various TV programs and is a columnist in some reputed financial publications.

How to Invest in PPFAS Mutual Fund?

The process of investing in PPFAS Mutual Funds is easy and convenient on the 5Paisa platform. As one of the country’s largest investing platforms, 5Paisa allows you to easily add PPFAS and other mutual funds to your portfolio. Here are the steps you need to follow to invest in PPFAS  Mutual Fund online:

• Step 1: Log in to your 5Paisa Account. In case you do not have one, register and create a new 5Paisa account in 3 easy steps. Alternatively, you can also download the 5Paisa app on your smartphone for Android or IOS and log in from your device. 
• Step 2: Search for the PPFAS Mutual Fund scheme that you wish to invest in
• Step 3: Select the suitable option as per your specific requirement and risk appetite
• Step 4: Select the investment type from SIP (Systematic Investment Plan) or Lumpsum investment
• Step 5: Put the amount that you’d like to invest and proceed with the payment option by clicking on the ‘Invest Now button

This completes the investment process on the 5Paisa platform. Once your payment is successfully debited, you can see the PPFAS Mutual Fund reflected in your 5Paisa account In approximately 3-4 working days. If you selected the SIP option, the amount chosen would get deducted every month starting from the initial payment date.

Top PPFAS Mutual Funds to Invest

Here are the top PPFAS mutual fund investment options you can look at that have provided high returns to investors-