PPFAS Mutual Fund launches a Dynamic Asset Allocation Fund

PPFAS Mutual Fund has recently launched the Parag Parikh Dynamic Asset Allocation Fund, an open-ended hybrid scheme falling under the category of Dynamic Asset Allocation or Balanced Advantage. The fund aims to generate income and long-term capital appreciation through investments in equity, equity derivatives, and fixed-income instruments. The allocation between these asset classes will be dynamically managed to provide investors with capital appreciation while mitigating downside risk.

The minimum subscription amount for this fund is Rs 5000, with the new fund offer closing on February 22, 2024, following its launch on February 20, 2024.

Investment Objective

The investment objective of the Scheme is to generate income/long-term capital appreciation by investing in equity, equity derivatives, and fixed-income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long-term capital appreciation while managing downside risk. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

This product is suitable for investors who are seeking capital Appreciation & Income generation over the medium to long term and investment in equity and equity-related instruments as well as debt and money market instruments while managing risk through active asset allocation

Risk-o-meter – Scheme: Moderate, Benchmark: High

Funds Allocation

Benchmark

The performance of the Scheme will be benchmarked against CRISIL Hybrid 50+50 – Moderate Index. The composition of the aforesaid benchmark is such that, it is most suited for comparing the performance of the scheme

Fund Manager

Rajeev Thakkar (Chief Investment Officer and Equity Fund Manager), Age: 51 years, Educational Qualification: B. Com, Chartered Accountant, CFA.

Raunak Onkar (Equity Fund Manager), Age: 38 years, Educational Qualification: BSc. IT, MMS- Finance, He has more than 15 years of experience in the capital market.

Raj Mehta (Debt Fund Manager), Age: 34 years, Educational Qualification: B.Com, M.Com, Chartered Accountant, CFA.

Rukun Tarachandani (Fund Manager – Equity), Age: 33 years, Educational Qualification: PGDM-Finance, B. Tech (Information Technology), CFA.

Mansi Kariya (Debt Fund Manager), Age: 36 years, Educational Qualification: CFA, MS-(Finance) B.Com.

Peer Index Funds and Historical Returns 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.