Top 10 Ppfas Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Parag Parikh Long Term Equity FundEquityModerately High-0.9%5star2,067
Parag Parikh Long Term Equity FundEquityModerately High-0.1%4star2,067
Parag Parikh Liquid FundDebtLow6.4%3star302
Parag Parikh Liquid FundLiquidLow6.4%3star302
Parag Parikh Tax Saver FundEquityModerately HighN.A3star15
Parag Parikh Liquid FundDebtLow6.3%3star302
Parag Parikh Tax Saver FundEquityModerately HighN.A3star15
View All Top 10 Ppfas Mutual Funds

Best PPFAS Debt Mutual Funds

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.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Parag Parikh Long Term Equity Fund Regular Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 10.63% annualized returns in the last 3 years. In the last 1 year, it gave -0.89% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.89% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Equity mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM2,067Cr
1Y Returns-0.9%

Parag Parikh Long Term Equity Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 11.32% annualized returns in the last 3 years. In the last 1 year, it gave -0.15% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.15% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Equity mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM2,067Cr
1Y Returns-0.1%

Parag Parikh Liquid Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided NA annualized returns in the last 3 years. In the last 1 year, it gave 6.39% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.39% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM302Cr
1Y Returns6.4%

Parag Parikh Liquid Fund Direct Dividend Daily

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided NA annualized returns in the last 3 years. In the last 1 year, it gave 6.4% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.4% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Liquid mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM302Cr
1Y Returns6.4%

Parag Parikh Tax Saver Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided NA annualized returns in the last 3 years. In the last 1 year, it gave NA returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided NA returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. . This is one of the best Equity mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM15Cr
1Y ReturnsNA

Parag Parikh Liquid Fund Regular Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided NA annualized returns in the last 3 years. In the last 1 year, it gave 6.29% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.29% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Debt mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM302Cr
1Y Returns6.3%

Parag Parikh Tax Saver Fund Regular Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided NA annualized returns in the last 3 years. In the last 1 year, it gave NA returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided NA returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN. . This is one of the best Equity mutual fund in India.

Launch Date
Min Investment Amt₹NaN
AUM15Cr
1Y ReturnsNA

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What does investing in PPFAS Debt Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in PPFAS Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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