PPFAS Mutual Fund

Best PPFAS Mutual Fund Schemes

Fund Name	Ratings	Risk	3Y Returns	AUM
Parag Parikh ELSS Tax Saver Fund Equity ELSS	3.5 hello	Very High	16.36%	₹4,905.72 cr.
Parag Parikh Flexi Cap Fund Equity Flexi Cap Fund	3.5 hello	Very High	15.64%	₹93,440.89 cr.
Parag Parikh Conservative Hybrid Fund Hybrid Conservative Hybrid Fund	0 hello	Moderately High	11.54%	₹2,451.46 cr.
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly IDCW Reinvestment Hybrid Conservative Hybrid Fund	0 hello	Moderately High	10.77%	₹2,451.46 cr.
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly IDCW Payout Hybrid Conservative Hybrid Fund	0 hello	Moderately High	10.77%	₹2,451.46 cr.
Parag Parikh Liquid Fund Direct Plan Monthly IDCW Reinvestment Debt Liquid Fund	1.5 hello	Moderately Low	6.47%	₹2,493.98 cr.
Parag Parikh Liquid Fund Direct Plan Monthly IDCW Payout Debt Liquid Fund	1.5 hello	Moderately Low	6.47%	₹2,493.98 cr.
Parag Parikh Liquid Fund Debt Liquid Fund	1.5 hello	Moderately Low	6.47%	₹2,493.98 cr.
Parag Parikh Dynamic Asset Allocation Fund Direct Plan Monthly IDCW Payout Payout Hybrid Dynamic Asset Allocation or Balanced Advantage	0 hello	Moderate	0%	₹1,647.82 cr.
Parag Parikh Arbitrage Fund Hybrid Arbitrage Fund	0 hello	Low	0%	₹1,304.46 cr.
Parag Parikh Dynamic Asset Allocation Fund Hybrid Dynamic Asset Allocation or Balanced Advantage	0 hello	Moderate	0%	₹1,761.42 cr.
Parag Parikh Dynamic Asset Allocation Fund Direct Plan Monthly IDCW Reinvestment Reinvestment Hybrid Dynamic Asset Allocation or Balanced Advantage	0 hello	Moderate	0%	₹1,647.82 cr.

About PPFAS Mutual Fund

SEBI-registered PPFAS Asset Management Private Ltd is the asset manager of PPFAS Mutual Fund. The Parag Parikh Financial Advisory Services Limited (PPFAS Ltd) believes that they are different from other asset management companies because:

They implement time-tested principles of value investing in their fund management.
They don’t have a ‘Sales Team’ because they believe that their funds can be a ‘pull-product’ and not a ‘push-product’.
They believe that the promoters of PPFAS MF should have skin in the game, and so they invest in the schemes, which shows they are aligned with investors of the schemes.

As of June 2023, the AMC has an AUM of ₹46,190 crore.

PPFAS Asset Management Company Key Information

Founding date	October 10, 2012
AMC Incorporation date	August 8, 2011
Headquarters in	Mumbai
Name of the sponsors	Parag Parikh Financial Advisory Services Pvt Ltd
Trustee organisation	PPFAS Trustee Company Pvt Ltd
MD and CEO	Mr. Neil Parag Parikh
Chief Investment Officer	Mr. Mahesh Sarode
Compliance Officer	Mr. Priya Hariani

PPFAS Mutual Fund Managers

Rajeev Thakkar

Fund Manager since Feb 2024 (1 year)

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Rajeev Thakkar is a Chartered Accountant, Cost Accountant, CFA Charterholder and a CFP Certificant. He started his career with Prime Securities and then moved to DIL Vikas Finance Limited. Currently, he is working in PPFAS Asset Management as Chief Investment Officer & Director.

Raj Mehta

Fund Manager since May 2018 (6 years)

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Mr. Mehta is a M.Com. degree holder from Narsee Monjee College of Commerce and Economics, a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and a CFA Charterholder. He began his career as an intern with PPFAS Mutual Fund in 2012 and has moved up the ranks ever since. He is currently part of the Fund Management team.

How to Invest in PPFAS Mutual Fund via Angel One?

Investing in the PPFAS MF through your Angel One account is a hassle-free process. If you do not have an account, you can open a Demat account with us in under a few minutes by submitting the necessary documents.

All you have to do is follow these steps:

Step 1: Log in to your Angel One account with your registered mobile number, validate the OTP, and then enter your MPIN.

Step 2: Find the most suited PPFAS MF based on your goals and risk profile. Evaluate each fund offered by the AMC on the Angel One app. At this stage, consider the following:

Find your desired fund or choose one from those listed by Angel One.
Analyse the fund’s historical performance, sectoral and stock holdings, etc.
Ascertain the estimated earnings on investment using the returns calculator.
Understand the scheme’s level of risk and see if it aligns with your tolerance.
Consider the fund’s ratings assigned by reputed rating agencies. Typically, mutual funds are rated from 1 to 5 based on various parameters like consistency, risk, returns, etc.
Check the fund’s expense ratio to estimate the cost of investing in it.

Step 3: Once you choose the PPFAS Mutual Funds scheme you want to invest in, open your Angel One Demat account and head to the Mutual Funds section. Search for the scheme that you have shortlisted. Then,

Choose whether you want to invest in a lump sum or monthly SIP.
Enter the investment amount and choose a payment method. Although UPI is the preferred mode, you can also choose net banking.
After placing the order, if you have chosen the SIP option, create a mandate to make timely future installments.

Documents Required To Invest in PPFAS Mutual Fund

When investing in PPFAS Mutual Fund through Angel One, you’ll experience a streamlined and digitally-enabled KYC process. Essential documents are all that’s required:

PAN Card Details (Compulsory)
Personal Information (Full Name, Mobile Number, Email Address)
For your Address Proof, we recommend using your Aadhar Card, both the front and back sides.
Bank Account Details, with a cancelled check if requested
Nominee particulars and FATCA Declarations

Angel One ensures a simplified KYC verification for investors, ensuring swift access to PPFAS Mutual Fund, whether you’re a new or returning investor. Our user-friendly platform is here to help you reach your financial goals. Your KYC process will be completed within 48-72 business hours, allowing you to embark on your mutual fund journey without delay.

Top PPFAS Mutual Funds to Invest

Scheme	Category	AUM (in ₹ Cr)	3-Yr Returns (%)	1-Yr Return (%)
Parag Parikh Flexi Cap Fund	Equity	89,703.46	18.73	14.46
Parag Parikh ELSS Tax Saver Fund	Equity	4,572.13	17.87	11.58
Parag Parikh Conservative Hybrid Fund	Hybrid	2,397.73	11.09	9.25
Parag Parikh Liquid Fund	Debt	2,256.94	6.30	7.04
Parag Parikh Arbitrage Fund	Equity	1,204.44	0.00	7.53

Note: All data is as of February 2025, and the selected funds have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

1. Parag Parikh Flexi Cap Fund

The Parag Parikh Flexi Cap Fund is an open-ended equity scheme that invests dynamically across large-cap, mid-cap, and small-cap stocks. The fund aims to achieve long-term capital appreciation by constructing a well-diversified portfolio of domestic and international equities.

The fund is managed by Rajeev Thakkar, Rukun Tarachandani, Raj Mehta, and Mansi Kariya and is benchmarked against the NIFTY 500 Total Return Index. The exit load is 2% if units are redeemed within 365 days from the date of allotment, 1% if redeemed between 366 and 730 days, and nil if redeemed after 730 days.

2. Parag Parikh ELSS Tax Saver Fund

The Parag Parikh ELSS Tax Saver Fund is an open-ended equity-linked savings scheme (ELSS) that provides tax benefits under Section 80C of the Income Tax Act. The fund aims to generate long-term capital appreciation by investing in equity and equity-related securities while offering investors tax-saving benefits.

Managed by Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani, and Raj Mehta, the scheme is benchmarked against the NIFTY 500 Total Return Index. As per standard ELSS guidelines, no exit load is applicable due to the mandatory three-year lock-in period.

3. Parag Parikh Conservative Hybrid Fund

The Parag Parikh Conservative Hybrid Fund is an open-ended hybrid scheme that invests predominantly in debt instruments with some allocation to equities. The fund aims to generate regular income while providing the opportunity for long-term capital appreciation through selective equity exposure.

Managed by Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani, and Raj Mehta, the scheme is benchmarked against the CRISIL Hybrid 85+15 Conservative Index. The exit load is 1% if units are redeemed within 365 days from the date of allotment, and nil thereafter.

4. Parag Parikh Liquid Fund

The Parag Parikh Liquid Fund is an open-ended liquid scheme investing in debt and money market instruments with a maturity of up to 91 days. The fund aims to provide reasonable returns with high liquidity and low risk.

Managed by Raj Mehta and Mansi Kariya, the scheme is benchmarked against the CRISIL Liquid Fund Index. The exit load follows a graded structure, where redemptions within 7 days from the date of allotment attract a declining charge, after which no exit load is applicable.

5. Parag Parikh Arbitrage Fund

The Parag Parikh Arbitrage Fund is an open-ended equity scheme that seeks to generate income through arbitrage opportunities in the equity and derivative markets. The fund invests in hedged positions and aims to provide stability in volatile market conditions.

Managed by Rajeev Thakkar, Raunak Onkar, Rukun Tarachandani, and Raj Mehta, the scheme is benchmarked against the NIFTY 50 Arbitrage Index. The exit load is 0.25% if units are redeemed within 30 days from the date of allotment, and nil thereafter.

Mutual Funds Calculators

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PPFAS Mutual Fund FAQs

How to start PPFAS Mutual Fund SIP online?

Search for your desired scheme on Angel One under the Mutual Fund section. Enter a comfortable instalment amount and click on proceed. Before doing this, ensure you have enough funds in your account for the transaction to go through. Alternatively, you can also start an online SIP via the AMC website.

Which scheme is the best in PPFAS Mutual Fund?

One cannot provide a recommendation on which investment scheme is best for PPFAS Mutual Fund since it differs from one investor to another. It's best to consult with a financial advisor who can evaluate PPFAS Mutual Fund’s goals and help determine the most suitable investment scheme based on your financial situation and risk tolerance.

How to redeem PPFAS Mutual Fund online?

You can redeem your units PPFAS Asset Management Private Ltd. in two ways - via AMC’s website and Angel One. For the latter route, head to the Mutual Funds section under the Angel One App or visit https://www.angelone.in/mutual-funds/.

Are PPFAS Mutual Fund schemes tax-free?

Some funds fall under the category of equity-linked savings schemes or ELSS that allow you to claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year from your taxable income.

Who owns the PPFAS Mutual Fund?

Neil Parag Parikh is the chairman and Chief Executive Officer of the company. Rukun Tarachandani is a part of the Fund Management team at PPFAS.