| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.13% |
| NAV | ₹29.55 (10 Jul 2020) |
|---|---|
| Fund Started | 24 May 2013 |
| Fund Size | ₹3,514 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Alphabet Inc Class C | Technology | Forgn. Eq | 8.9% |
| Amazon. com Inc. (USA) | Cons Durable | Forgn. Eq | 8.7% |
| HDFC Bank Ltd. | Financial | Equity | 6.8% |
| Facebook Co | Technology | Forgn. Eq | 6.7% |
| Hero Motocorp Ltd. | Automobile | Equity | 5.9% |
| Bajaj Holdings & Investment Ltd. | Financial | Equity | 5.4% |
| Mphasis Ltd. | Technology | Equity | 5.3% |
| ITC Ltd. | FMCG | Equity | 5.1% |
| Suzuki (Japan) | Automobile | ADS/ADR | 4.9% |
| Persistent Systems Ltd. | Technology | Equity | 4.9% |
Parag Parikh Long Term Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by PPFAS Mutual Fund. This scheme was made available to investors on 24 May 2013. Raunak Onkar, Rajeev Thakkar, Raj Mehta is the Current Fund Manager of Parag Parikh Long Term Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,514 Cr and the Latest NAV as of 10 Jul 2020 is ₹29.55.
The Parag Parikh Long Term Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 2% if redeemed within 365 days and 1% if redeemed after 365 days but on or before 730 days
The investment objective of the Scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and Equity Related Securities.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.