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Parag Parikh Long Term Equity Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.50 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.26 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a multi cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending upon where it expects maximum gains. This versatility makes multi cap funds most suitable for equity fund investors as the job of stock selection is completely left to the fund manager, which is the very idea of investing in a mutual fund.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other multi cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.03 0.37 0.67 3.37 6.27 11.22 17.51 14.48 10.88 -- --
S&P BSE 500 TRI 1.60 0.77 -0.81 1.36 6.05 9.34 11.96 12.98 8.35 -- --
Equity: Multi Cap 1.88 0.84 -0.44 1.82 5.72 10.16 13.47 11.48 7.77 -- --
Rank within category 5 59 4 6 23 26 9 7 4 -- --
Number of funds in category 59 59 59 59 58 55 49 40 36 32 28

As on 23-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 6.07 (16-May-2014 - 23-May-2014) -6.62 (11-Jan-2016 - 18-Jan-2016)
Month 13.81 (09-May-2014 - 10-Jun-2014) -8.69 (07-Aug-2015 - 07-Sep-2015)
Quarter 24.52 (21-Feb-2014 - 23-May-2014) -12.24 (30-Nov-2015 - 29-Feb-2016)
Year 53.68 (30-Jan-2014 - 30-Jan-2015) -5.91 (02-Mar-2015 - 01-Mar-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.39 8.91 0.86 0.89 0.56 3.13
S&P BSE 500 TRI 13.80 13.09 0.92 -- -- --
Equity: Multi Cap 12.39 13.39 0.50 0.73 0.95 -1.00
Rank within category 12 1 2 10 1 3
Number of funds in category 42 42 42 42 42 42

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 21
Top 10 Stocks (%) 53.20
Top 5 Stocks (%) 34.49
Top 3 Sectors (%) 68.21
Portfolio P/B Ratio 2.57
Portfolio P/E Ratio 20.76

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,01,458 1,06,667
Giant (%) 57.14 54.39
Large (%) 18.62 14.74
Mid (%) 15.80 23.70
Small (%) 8.44 8.67
Tiny (%) -- 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Alphabet Inc Class C Technology -- 9.42
up HDFC Bank Financial 25.96 9.66 5.53 9.17
up Bajaj Holdings & Inv Financial 11.39 8.81 5.44 8.81
up Amazon. com Inc. (USA) Cons Durable -- 5.91
equal ICICI Bank Financial 66.46 5.84 2.07 5.84
up Hero Motocorp Automobile 13.37 5.38 0.00 5.35
equal Axis Bank Financial 42.58 5.69 2.33 5.32
equal Facebook Co Technology -- 5.14
up Persistent Systems Technology 16.36 5.91 4.07 5.00
up Suzuki (Japan) (ADS/ADR) Automobile -- 4.69
equal Mphasis Technology 15.64 4.22 2.06 4.22
equal HDFC Financial 34.55 5.22 0.00 3.84
equal Balkrishna Industries Automobile 26.95 5.55 2.75 3.26
up Zydus Wellness FMCG 51.07 5.03 2.37 2.39
equal Nestle S. A (Switzerland) (ADS/ADR) FMCG -- 2.22
up Mahindra Holidays & Resorts Services 43.94 4.32 1.38 2.10
equal Lupin Healthcare 106.53 2.26 0.00 1.46
equal 3M (USA) Diversified -- 1.45
equal Dr. Reddy's Lab Healthcare 18.43 1.88 0.97 1.40
up Tata Steel Metals 6.58 3.54 0.00 1.31
equal Cadila Healthcare Healthcare 19.94 1.40 0.00 1.29
equal Central Depository Services Financial 24.58 1.40 0.00 1.23
equal Indraprastha Gas Energy 33.60 6.05 1.03 1.13
equal Ipca Laboratories Healthcare 25.91 2.03 0.97 1.04
equal ICRA Financial 30.74 5.50 0.72 0.80

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Rajeev Thakkar since 13-May-2013

Education: Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP.

Experience: He has been associated with PPFAS AMC since 2013.

Interviews:

Funds Managed:

— Raj Mehta since 27-Jan-2016

Education: Mr. Mehta is a B.Com and M.Com from Mumbai University, CA and CFA Level III Pass.

Experience: Prior to joining PPFAS AMC as a Research Analyst he was associated with the AMC as an intern since 2012. He has collectively over 3 years of experience in investment research.

Funds Managed:

— Raunak Onkar since 13-May-2013

Education: Mr.Onkar is an MMS (Finance) from the University of Mumbai.

Experience: His has been associated with PPFAS Limited for quite a few years.


0.37%

Change from previous, NAV as on 23-Jan-2020

Growth: ₹ 27.5253


Investment Strategy

The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load 2% for redemption within 365 days
1% for redemption between 366 - 730 days

Basic Details

Fund House: PPFAS Mutual Fund
Launch Date: 28-May-2013
Return Since Launch: 16.42%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 2,585 Cr (As on 31-Dec-2019)
Expense: 2.02% (As on 31-Dec-2019)
Risk Grade: Low
Return Grade: Above Average
Turnover: 5.33%

Contact Information

AMC: PPFAS Asset Management Pvt.Ltd.

Address: 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230 Nariman Point Mumbai - 400021

Phone: 022-61406555 / 1800-266-7790

Fax: 022-61406590

Email: [email protected]

Website: www.amc.ppfas.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM