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.

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Top 10 Ppfas Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Parag Parikh Long Term Equity FundEquityModerately High13.9%4star2,359
Parag Parikh Liquid FundDebtLow6.0%3star327
Parag Parikh Tax Saver FundEquityModerately HighN.A3star21
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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 Direct Growth

Fund Performance: This fund has given 14.23% annualized returns in the last three years. In the last year, its returns were 13.92%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 13.92% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹1,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹1,000
AUM2,359Cr
1Y Returns13.9%

Parag Parikh Liquid Fund Direct Growth

Fund Performance: This fund has given NA annualized returns in the last three years. In the last year, its returns were 6.05%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 6.05% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹5,000
AUM327Cr
1Y Returns6.0%

Parag Parikh Tax Saver Fund Direct Growth

Fund Performance: This fund has given NA annualized returns in the last three years. In the last year, its returns were NA. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing NA returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹1,000.

Min Investment Amt₹500
AUM21Cr
1Y ReturnsNA

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