PARAG PARIKH MUTUAL FUND
Parag Parikh Asset Management was launched in October of the year 2012 and is backed and promoted by Parag Parikh Financial Advisory Services Private Limited, an advisory firm in the finance domain established in 1992. The mission of the fund house is to offer diligent fund management so that investors can attain their financial goals. The motto of the company is - There is only one right way. To make client-side investment convenient, they only have an equity fund called the PPFAS Long term equity fund or long-term value fund. It is one of the very few fund houses that have a mandate in investment policies to invest in equity overseas.
|Mutual Fund||PPFAS Mutual Fund|
|Setup Date||10 October 2012|
|Sponsor||Parag Parikh Financial Advisory Services Ltd.|
|Trustee||PPFAS Trustee Company Pvt. Ltd.|
|CEO/MD||Mr. Neil Parikh|
|CIO||Mr. Rajeev Thakkar|
|Compliance Officer||Mr. Priya Hariani|
|Investor Service Officer||Mr. Aalok Mehta|
|Name of Trustees|
Mr. P.A. Balasubramanian
Mr. Rajan Mehta
|Assets Managed||Rs. 11,247 Crores (31st May 2021)|
TOP PARAG PARIKH MUTUAL FUNDS
|PP Flexicap Fund||Multi-Cap||Moderately High|
|PP Liquid Fund||Liquid||Low|
|PP tax Saver fund||Equity||Moderately High|
|Parag Parikh Conservative Hybrid||Hybrid||Moderately High|
1. Mr. Rajeev Thakkar:
Mr. Rajeev joined Parag Parikh AMC in 2001 and as of today is the CIO and Equity Fund Manager. Till 2012, he was the CRO of the sponsored company PPFAS. He has 28+ years of experience managing fixed income portfolios, merchant banking, broking operations, and PMS operations. At the AMC, he was previously managing a portfolio of Rs. 300 Cr value of PMS. He holds a B.Com degree from Bombay University and also a CA and CFA and ICWA graduate.
2. Mr. Raj Mehta:
Mr. Raj came on board with AMC as an intern in the year 2012. He works in the fund management team at Parag Parikh AMC. He holds an NCFM and an ‘NSE Debt Market Module certificate that is issued by FIMMDA. He actively participates in TV programs and is a columnist being features in few financial publications. He holds an M.Com degree from MU and is also a CA and CFA.
3. Mr. Raunak Onkar:
Mr. Raunak started his career with Parag Parikh as an intern in 2009 and now he is the Research Head at the fund house. He has demonstrated experience in the capital market industry and has more than 10 years of industry experience. He has been managing overseas investments since the inception of the fund house. He holds an IT degree from MU and also an MMS in Finance.
HOW TO INVEST IN PARAG PARIKH MF VIA ZFUNDS?
There are very simple and convenient steps to start investing in Parag Parikh Mutual Funds which is one of the leading fund houses in the country. Follow the below-mentioned steps to start investing:
- Download the ZFunds app from the Playstore- Link here.
- Create your free account with us. If you already have an account with us, you can simply log in to it.
- To create an account, you will be required to upload your needful identification documents which can include an Aadhar card, Voter ID, pan card, driving license, passport, or any other authentic document which is issued by the state or central government.
- You will need to upload your address proof.
- After that, you just need to select the best fund which suits you as per your investment horizon and risk.
- And, then at last you just need to choose whether you want to do a lump sum investment or start a sip.
After the successful investment, the units will be allotted and investment will be reflected in 2-3 working days in your ZFunds account.
1. Identity Proof
- PAN Card
- Aadhar Card
- Driving License
2. Address Proof
- Aadhar Card
- Driving License
- Any Recent Utility Bill (Water, Gas, Electricity, etc.)
- Rental/Lease Agreement