Parag Parikh Asset Management was launched on 10th October 2012 an is promoted by arag Parikh Financial Advisory Services Pvt. Ltd, a financial advisory firm incorporated in 1992. The mission of this mutual fund is to provide prudent fund management so that investors can attain their long-term financial goals.
The tagline of the company is 'There's only one right way'. They believe in simplifying the process of investing for their clients and that is their main motive.
It provides a host of mutual funds to investors and they also invest in various schemes across different market capitalization.Their simplistic way of managing funds and providing transparent service to investors makes them popular in the mutual fund industry.
|Launch Date||9 Oct 2012|
|Address||Great Western Building, 1st Floor, 130/132, S.B.S. Marg, Opp. Lion Gate, Fort, Mumbai 400001|
PPFAS Mutual Fund AMC offers some of the best mutual fund schemes in India. Some of the top-performing mutual funds of PPFAS Mutual Fund AMC given below.
— Registered with SEBI, AMFI & BSE
— Paperless sign up on web & app
— Expert recommendations
— ZERO fees !
Tax saving funds or Equity Linked Savings Scheme fall under Section 80 'C' of the Income Tax Act and are exempted up to a limit of Rs. 1,50,000. These funds mainly invest in equity and equity-related securities and are extremely popular among retail investors because they provide the dual benefit of tax saving and decent returns.
Equity funds aim at attaining long-term capital appreciation by investing in equity and equity related derivatives. These funds are designed for investors who are willing to take a certain amount of risk to obtain subsequent returns. There are various categories within equity funds that an investor can choose from, based on his/her risk appetite and ideal investment duration.
These funds provide consistent returns and are ideal for investors who aim at gaining a regular income from mutual funds. Debt funds primarily invest in debt/money market instruments and government securities and are not very volatile in nature, like equity funds. Subsequently, their returns are also low, because of their exposure to the given securities.
Hybrid funds are considered the best for budding investors. It would be unwise to assume hybrid funds to be completely risk-free. Any instrument which invests in equity markets will have some kind of risk. It might be less risky than pure equity funds but you need to exercise caution and portfolio rebalancing regularly.
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