In October of 2012, Parag Parikh Financial Advisory Services AMC was established. It is a relatively new AMC, accounting for 0.07 per cent of the market. PPFAS manages a total of five schemes, including debt equity and hybrid types. PPFAS’ AUM is Rs.2871.87 crore as of 2020.
The finest PPFAS equity mutual funds in this AMC have an AUM of roughly Rs.10276.27 crore. Equity mutual funds invest in the stocks of various companies. To be classed, these funds must invest at least 65 per cent of their capital in equity instruments. As a result, they are the riskiest of all mutual funds. These, on the other hand, have the potential to provide bigger returns.
The value of equity mutual funds is heavily influenced by the performance of the firms whose equities they own. As a result, anyone can select the best PPFAS equity mutual funds to invest in large, small, and midcap companies. To participate, individuals can choose between SIP and lump sum alternatives.
PPFAS manages about two equity mutual fund schemes. They cover tax-advantaged investments as well as pure equity-related investments.
Considerations Before Investing
Before investing in any of the finest PPFAS equity mutual funds 2021, many factors must be addressed. These elements can assist and invest in determining how to proceed with any venture.
Investment target: The investment objective of some of the best PPFAS equity mutual funds is critical in that it should correspond to the goal of the investor. As a result, an AMC typically emphasises and emphasises its investment aims. Furthermore, it is desirable if all previous scheme administration appropriately represents its stated aims.
Holdings analysis: Often, evaluating the holdings of all equities linked funds is the best approach to predict their future performance. Companies in which the mutual fund has a position are referred to as holdings. By analysing the performance of the composite companies, individuals can get a good indication of the fund’s likely returns.
Expense ratio: the management of a mutual fund necessitates the involvement of committed personnel. Brokerage and other costs are levied on all investors. A fund with a high expense ratio means that a bigger portion of the profits will go to the fund’s management, with the remainder going to distribution.
Risk tolerance: Equity-based mutual funds are riskier investments than other types of mutual funds. As a result, before making any investment, a personal risk assessment should be performed to ensure that a person invests impartially in the finest PPFAS stock mutual fund.
Top 4 Mutual Fund Schemes
- Parag Parikh Liquid Fund Direct Growth
Fund performance: The Parag Parikh Liquid Fund has delivered annualised returns of 4.13 per cent over the last three years and zero per cent over the last five. The Parag Parikh Liquid Fund is a PPFAS mutual fund in the Debt sector.
Minimum investment amount: The minimum amount required to invest in Parag Parikh Liquid Fund by lump sum is Rs.5000, and the minimum amount required to invest via SIP is Rs.1000.
- Parag Parikh Tax Saver Fund Direct Growth
Fund performance: The Parag Parikh Tax Saver Fund is a PPFAS Mutual Fund in the Equity sector.
Minimum investment amount: The minimum amount required to invest in Parag Parikh Tax Saver Fund by lump sum is Rs.500, and the minimum amount required to invest via SIP is Rs.1000.
- Parag Parikh Conservate Hybrid Fund Direct Growth
Fund performance: The Parag Parikh Conservative Hybrid Fund is a PPFAS mutual fund in the Hybrid category.
The minimum investment amount is Rs.5000 for a lump sum investment and Rs.1000 for a systematic investment plan in Parag Parikh Conservative Hybrid Fund.
- Parag Parikh Flexi Cap Fund Direct Growth
Fund performance: The Parag Parikh Flexi Cap Fund has delivered annualised returns of 29.14 per cent over the last three years and 22.53 per cent over the last five years. The PPFAS Mutual Funds Equity category includes the Parag Parikh Flexi Cap Fund.
Minimum investment amount: The minimum amount required to invest in Parag Parikh Flexi Cap Fund by lump sum is Rs.1000, while the minimum amount required to invest via SIP is Rs.1000.
