PPFAS set to launch Parag Parikh Large Cap Fund

Summary: After the stellar success of its five-star Flexi Cap Fund, PPFAS is gearing up to launch a large-cap offering. The move signals the AMC’s confidence in applying its stock-picking discipline to a category where generating alpha has become increasingly difficult. PPFAS Mutual Fund, known for its focused product lineup and long-term value-driven approach, is set to launch its large-cap fund. This will be the fund house’s third equity scheme after the Parag Parikh Flexi Cap Fund and the Parag Parikh ELSS Tax Saver Fund. According to the draft scheme information document, the proposed