Upcoming NFO: Parag Parikh Large Cap Fund Set to Open on January 19

PPFAS Mutual Fund has announced the New Fund Offer (NFO) dates for the Parag Parikh Large Cap Fund (PPLCF). The NFO will open on January 19 and close on January 30. 

After the NFO period, the scheme will be available for regular purchase and redemption starting February 6. The fund will track the Nifty 100 Total Return Index (TRI) as its benchmark.

Investment Objective of PPLCF

The primary objective of the scheme is to generate long-term capital appreciation and income distribution by primarily investing in equity and equity-related instruments of large-cap companies. Investors should note that there is no assurance that the scheme will achieve its investment objective, and it does not guarantee any returns.

Asset Allocation Pattern

Minimum Investment Amount

Lump Sum

• New Purchase: ₹1,000 and in multiples of ₹1 thereafter
• Additional Purchase: ₹1,000 and in multiples of ₹1 thereafter

Systematic Investment Plan (SIP)

• Monthly SIP: ₹1,000 and multiples of ₹1 thereafter
• Quarterly SIP: ₹3,000 and multiples of ₹1 thereafter

Also Read: Angel One Nifty 50 ETF: HDFC Bank and Reliance Lead the Portfolio Composition

Key Features of PPLCF

1. Broad Diversification: Exposure to India’s top 100 large-cap companies, providing comprehensive market coverage.
2. Cost Efficiency: Efficient management of fund execution costs helps maximise the portion of returns that stay invested with you.
3. Low Active Share: Portfolio closely aligned with the benchmark to reduce stock-selection risk.
4. Smart Execution: Investment strategies designed to manage execution costs while supporting net returns.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. 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.