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5 star

Parag Parikh Long Term Equity Fund - Direct Plan


Equity: Multi Cap

1 Lakh

Investment Grown to
₹ 1.44 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.63 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from 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 on where it expects maximum gains. This versatility makes multi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 18.69 -0.21 -0.58 0.97 7.98 35.18 22.01 12.84 13.90 17.61 --
S&P BSE 500 TRI -1.15 -1.20 -1.23 3.23 5.73 26.52 2.94 3.31 8.56 12.29 --
Equity: Multi Cap -1.35 -0.96 -0.80 2.84 5.63 22.63 2.63 2.93 8.27 13.94 --
Rank within category 2 3 20 54 6 2 1 1 1 2 --
Number of funds in category 59 63 63 62 61 60 58 43 40 34 1

As on 28-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Parag Parikh Long Term Equity Fund - Direct Plan  | Invest Online
5 star
May-13 22.01 12.84 13.90 1.02 4,798
Kotak Standard Multicap Fund - Direct Plan  | Invest Online
4 star
Jan-13 0.89 4.02 10.12 0.73 29,551
Axis Focused 25 Fund - Direct Plan
5 star
Jan-13 3.46 8.34 12.84 0.67 11,455
UTI Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 14.05 10.32 10.32 1.28 11,386
SBI Focused Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 2.19 8.07 10.80 0.81 10,114

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.75 (01-Apr-2020 - 09-Apr-2020) -14.69 (16-Mar-2020 - 23-Mar-2020)
Month 18.94 (24-Mar-2020 - 23-Apr-2020) -30.93 (20-Feb-2020 - 23-Mar-2020)
Quarter 40.31 (24-Mar-2020 - 23-Jun-2020) -27.31 (24-Dec-2019 - 24-Mar-2020)
Year 54.39 (30-Jan-2014 - 30-Jan-2015) -21.27 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 14.49 18.40 0.51 0.52 0.78 8.23
S&P BSE 500 TRI 6.61 21.81 0.07 0.08 -- --
Equity: Multi Cap 5.84 21.42 0.04 0.04 0.95 -0.69
Rank within category 1 2 1 2 2 1
Number of funds in category 43 43 43 43 43 43

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

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 22
Top 10 Stocks (%) 46.13
Top 5 Stocks (%) 30.67
Top 3 Sectors (%) 67.93
Portfolio P/B Ratio 3.41
Portfolio P/E Ratio 26.25

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,66,475 99,119
Giant (%) 48.78 50.92
Large (%) 11.34 16.66
Mid (%) 33.26 23.89
Small (%) 6.62 9.05
Tiny (%) -- 0.29

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 Persistent Systems Technology 24.31 8.27 4.03 8.27
equal Amazon. com Inc. (USA) Cons Durable -- 7.41
up ITC FMCG 13.97 7.99 0.00 7.03
up Alphabet Inc Class C Technology -- 6.87
equal Mphasis Technology 20.47 5.64 2.06 5.64
equal Hero Motocorp Automobile 23.11 5.87 0.00 5.26
equal Facebook Co Technology -- 5.01
up Microsoft Corportion (US) Technology -- 4.68
equal Bajaj Holdings & Inv Financial 8.87 9.52 4.47 4.47
up Indian Energy Exchange Financial 33.73 3.88 0.00 3.88
equal Suzuki Motor Corporation (Japan) (ADS/ADR) Automobile -- 3.70
equal Balkrishna Industries Automobile 28.25 5.55 2.75 3.27
down HDFC Bank Financial 21.99 9.66 2.92 2.92
equal ICICI Bank Financial 26.66 5.84 2.07 2.72
equal Oracle Fin Ser Software Technology 17.12 3.40 0.00 2.67
equal Axis Bank Financial 42.31 5.69 2.33 2.63
equal Central Depository Services Financial 33.47 2.61 0.00 2.61
down Zydus Wellness FMCG 77.84 4.98 2.37 2.58
up Multi Commodity Exchange India Financial 36.77 2.17 0.00 2.17
equal Lupin Healthcare -- 2.47 0.70 1.82
equal Dr. Reddy's Lab Healthcare 51.36 2.16 0.97 1.73
equal Cadila Healthcare Healthcare 31.78 1.98 0.00 1.47
equal Sun Pharmaceutical Inds. Healthcare 151.40 1.58 0.00 1.23
equal Mahindra Holidays & Resorts Services 60.27 3.59 1.10 1.10
equal Ipca Laboratories Healthcare 31.61 1.68 0.97 1.07

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 30-Sep-2020

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.


-0.21%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 32.9317


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: 17.41%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 4,798 Cr (As on 30-Sep-2020)
Expense: 1.02% (As on 30-Sep-2020)
Risk Grade: Low
Return Grade: High
Turnover: 7.01%

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: http://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

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