PPFAS Mutual Fund, founded in 2013, is sponsored by Parag Parikh Financial Advisory Services Limited, established in 1992 by Late Parag Parikh, a highly regarded stock market investor.
PPFAS Mutual Fund believes in having a limited suite of offerings and offers only 4 unique schemes including one of the largest equity schemes in India: Parag Parikh Flexi Cap Fund (AUM: ₹40,000+ crore)
Neil Parikh, the son of Parag Parikh (after whom the mutual fund is named), serves as the Chairman and Chief Executive Officer. Rajeev Thakkar is the CIO (Chief Investment Officer) at PPFAS Mutual Fund and is popular for his ‘value investing’ approach.
As of February 2024
Schemes
5
AUM
₹74,696 Cr
AUM growth
₹2,769 Cr
Fund managers
5
Raj Mehta
₹75,331 Cr
AUM
6
Schemes
₹73,216 Cr
AUM
5
Schemes
₹73,216 Cr
AUM
5
Schemes
Rukun Tarachandani
₹73,216 Cr
AUM
5
Schemes
Mansi Kariya
₹75,331 Cr
AUM
6
Schemes
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Mutual fund name | PPFAS Mutual Fund |
Asset management company name | PPFAS Asset Management Private Ltd |
AMC Setup Date | 10 October 2012 |
AMC Incorporation Date | 8 August 2011 |
Sponsor name | Parag Parikh Financial Advisory Services Ltd |
Trustee organisation | PPFAS Trustee Company Pvt. Ltd |
Name of trustees | Mr. P. A. Balasubramanian (Independent Director), Mr. Rajan Mehta (Independent Director), Mr. Dhaval Desai (Independent Director), Mr. Suneel Gautam (Associate Director) |
CEO | Mr. Neil Parikh |
CIO | Mr. Rajeev Thakkar |
Compliance Officer | Ms. Priya Hariani |
Investor Service Officer | Mr. Aalok Mehta |
Updated as of | February 2024 |