PPFAS Mutual Fund Filed Draft SID with SEBI for Large Cap Fund

PPFAS Mutual Fund has submitted a draft offer document with the market regulator, SEBI for the launch of its new scheme, Parag Parikh Large Cap Fund. This is an open-ended equity scheme primarily investing in large-cap stocks. The scheme’s performance will be benchmarked against the Nifty 100 – TRI, and it will carry no exit load.

The fund will be jointly managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, Tejas Soman, and Aishwarya Dhar, all experienced professionals from the PPFAS investment team.

Investment Details

• Minimum investment (lump sum): ₹1,000 and in multiples of ₹1 thereafter
• SIP (Monthly): ₹1,000 and in multiples of ₹1 thereafter
• SIP (Quarterly): ₹3,000 and in multiples of ₹1 thereafter

Scheme Objective

The fund seeks to deliver long-term capital appreciation along with income distribution to investors by predominantly investing in equity and equity-related instruments of large-cap companies.

Asset Allocation

The fund proposes to allocate its portfolio as follows:

• 80–100% in equity and equity-related instruments of large-cap companies
• 0–20% in equity and equity-related instruments of companies other than large caps, including foreign equities
• 0–20% in debt and money market instruments
• 0–10% in units issued by REITs and InvITs

Also Read: SIP Calculator: How Much SIP You Need to Invest Monthly to Build ₹1 Crore in 15 Years?

Investment Strategy

Parag Parikh Large Cap Fund will follow a disciplined yet flexible, long-term investment approach, focusing on large and established businesses across sectors. The scheme aims to maximise total long-term returns without adhering to any particular sector bias.

In addition, the fund may invest a portion of its corpus in overseas markets, including Global Depository Receipts (GDRs), American Depository Receipts (ADRs), international equities, bonds, mutual funds, and other instruments permitted by SEBI from time to time.

As per the draft document, the scheme is ideal for investors seeking long-term wealth creation through predominant exposure to large-cap equity and equity-related instruments.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.