Parag Parikh Mutual Fund - PPFAS MF

If you want simple investment solutions then PPFAS has your back. With a vast range of offered Mutual Fund (MF) investment schemes, PPFAS offers flexibility in diversification of portfolio. Read to find out all about what the PPFAS mutual fund entails.

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What is the PPFAS Mutual Fund?

PPFAS Mutual Fund was initially incorporated in the year 1992 to provide fund management for various investors. PPFAS MF is an asset management company (AMC) that helps investors in achieving long-term financial goals with a wide range of mutual funds schemes. The AMC’s operations are based on three ethos- transparency, integrity and disciplined investment. It follows a long-term investment philosophy focusing on solid strategy and process orientation. 

Now, you might wonder what the PPFAS Mutual Fund full form is. It stands for Parag Parikh Financial Advisory Services Pvt. Ltd.

Features of PPFAS Mutual Fund Investment Schemes

Here is a list of features of the PPFAS schemes that are available for investors:

• Safe and Reliable Investment

The majority of assets of equity mutual funds at PPFAS are invested in large, medium and small-sized companies based in India. Hence, you can rest assured that your money is getting invested in a strategically beneficial place.

• Flexibility of Offered Schemes

At PPFAS, you get to choose from a vast range of mutual fund schemes like liquid funds, tax saver funds, flexi cap funds, etc. 

• Consistency in Returns

The returns are consistent as PPFAS invests your money in premium and quality stocks. The long-term PPFAS mutual fund performance of several schemes has been better than its competitors.

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Funds Offered by PPFAS Mutual Fund

Here are some of the notable mutual fund schemes offered by PPFAS MF: 

• Parag Parikh Flexi Cap Fund Direct-Growth

This type of mutual fund investment falls under the category of 'Equity' category. To date, this fund has made yearly returns of 24% in the previous 5 years. The minimum required investment for this MF investment in the form of a lump sum and SIP (Systematic Investment Plan) is ₹1000. 

• Parag Parikh Dynamic Asset Allocation Fund Direct-Growth

The dynamic asset allocation mutual fund investment of PPFAS falls under the ‘Hybrid’ category. The minimum required investment for it through  SIP is ₹1000, and the lump sum is also ₹1000. 

• Parag Parikh Liquid Fund Direct-Growth

Parakh Parikh Liquid Fund falls under the ‘Debt’ category as it invests in debt securities and money market instruments. It has made annual returns in the past 5 years of 5.11%. The minimum amount required for investment via SIP is ₹ 1,000 and a lump sum is ₹5,000.

• Parag Parikh ELSS Tax Saver Fund Direct-Growth

The tax-saver MF investment falls in the ‘Equity’ category and requires a minimum investment of ₹1,000 via SIP and ₹ 500 in the form of a lump sum. 

• Parag Parikh Arbitrage Fund Direct-Growth

This falls under the category of ‘Hybrid’ mutual investment. The required minimum investment to invest in this type of MF when investing through lump sum and SIP is ₹1000.

• Parag Parikh Conservative Hybrid Fund Direct-Growth

The Hybrid fund falls under the ‘Hybrid’ category of MFs offered by PPFAS. It requires a minimum investment of ₹100 via SIP and ₹5000 via lump sum.

Documents Required to Apply for the PPFAS Mutual Fund

Here is a list of documents that may be necessary when applying for a PPFAS Mutual Fund:

• KYC documents for identification
• Proof of bank account
• Notarised Power of Attorney
• OCI/PIO card
• Proper authorisation to invest
• Certificate of Overseas Auditors
• List of Authorised signatories (along with their specimen signature)

Steps to Apply for PPFAS Mutual Fund

Here is a list of steps which you need to follow for investing in any PPFAS mutual fund:

Step 1: First, open the official site of PPFAS Mutual Fund and then click on the option labelled "Schemes".

Step 2: Now, you have to select a scheme which you feel best suits our investment needs and select "Buy Now".

Step 3: Then, they will ask you to do a PPFAS mutual fund login. If you do not have an account at PPFAS MF already, register yourself on their site. 

Step 4: After this, you will have to enter details regarding your name, PAN, email ID and DOB (Date of Birth). 

Step 5: Post-authentication, you need to make the payment through either RTGS/NEFT/UPI.

Step 6: Wait for 3-4 working days for the mutual investment amount to reflect in your portfolio.

Leading Fund Managers of PPFAS MF

Here is a list of some of the leading fund managers of PPFAS Mutual Fund:

• Raj Mehta

He has been a part of the PPFAS since the year 2016. Presently, the fund management of PPFAS Long Term Equity Fund is done by him. 

• Rajeev Thakkar

Mr. Rajeev Thakkar has been linked with PPFAS for over two decades and is the CIO (Chief Investment Officer). He is also an Associate Director along with being the Fund Manager.

Why Is PPFAS Mutual Fund Beneficial for You?

If you are seeking a long-term investment plan which can provide value to your portfolio, PPFAS mutual fund can be a good option for you. This is because PPFAS has diversified, quality stock and a selection of reasonable prices.

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1. Can we increase the amount of SIPs for PPFAS MF?

Yes, you can increase the SIP in any mutual funds offered by PPFAS. You just need to navigate over to their official site, conduct a log in and then click on "Edit SIP". It will enable you to update the frequency, amount and preference of SIP.

1. What is the meaning of direct plans in PPFAS Mutual Funds?

As per SEBI (Security and Exchange Board of India), all offered mutual funds need to have a direct plan of investment. These investments are not distributed through any distributor both for new and pre-existing schemes. Hence, they have lower expenses ratio and higher NAV than regular schemes.

1. Can we stop a SIP in PPFAS Mutual Fund digitally?

Yes, you are allowed to stop your SIP by online means. You simply need to submit a cancel SIP request on the site of PPFAS MF and you are good to go. To cancel or stop, just visit the site of PPFAS and enter your folio number to log in. There you will get an option of stopping SIP.

1. Is investing in mutual funds at PPFAS safe?

Investing in mutual funds at PPFAS is safe as they are regulated by SEBI (Security Exchange Board of India). This means that they are robust and secure in the nature of their functions and operations.