Portfolio Disclosure - PPFAS
9
Transcript of Portfolio Disclosure - PPFAS
Portfolio Disclosure
- Above figures are annualised- Risk free rate assumed to be 378 (FBIL Overnight MIBOR as on 31st Aug 2020)
Name of the fund Parag Parikh Long Term Equity Fund
Investment Objective
Type of the Scheme
Date of Allotment May 24 2013
Entry Load Not Applicable
Exit Load
Benchmark Index Nifty 500 (TRI)
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities Scheme shall invest in Indian equities foreign equities and related instruments and debt securities
Multi Cap Fund - An open ended equityscheme investing across large cap mid capsmall cap Stocks
Name of the Fund
Managers
Assets Under Management
(AUM) as on August 31 2020
`431080 CroresAverage AUM
for the Month
`450814 Crores
Net Asset Value (NAV) as
on 2020August 31
Regular Plan 309949
Direct Plan 323832
2 for redemption within 365 days
1 for redemption between 366 - 730 days
Nil for redemption beyond 730 days
Weighted Average
Expense Ratio
Regular Plan 198
Direct Plan 105
Including additional expenses and GST on management fees
Minimum
Application
Amount
New Purchase 1000 Additional Purchase `
`
1000
Monthly SIP ` `1000 Quarterly SIP 3000
Beta 077
1840
056
672
4206
Standard Deviation
Sharpe Ratio
Portfolio Turnover (excl Equity Arbitrage)
Portfolio Turnover (incl Equity Arbitrage)
Mr Rajeev Thakkar - (Overall 18 years of experience in fund management)
Equity Fund Manager
Mr Raj Mehta - Debt (Since January 27 2016)
Fund Manager
Mr Raunak Onkar - Overseas Securities (Since Inception)
Fund Manager for
Currency hedge to the extent of approximately 70 of exposure
^ Traded on US OTC Markets Underlying shares are listed on the Tokyo Stock
Exchange
Industry Allocation
Load Structure
Quantitative Indicators
Name Industry
ITC Ltd
Persistent Systems Ltd Software
Auto
Finance
Software
HDFC Bank Ltd Banks
Axis Bank Ltd Banks
ICICI Bank Ltd Banks
Indian Energy Exchange Ltd Finance
Auto Ancillaries
Oracle Financial Services Software Ltd Software
Central Depository Services (I) Ltd Finance
Multi Commodity Exchange of India Ltd Finance
Pharmaceuticals
Pharmaceuticals
Pharmaceuticals
Sun Pharmaceuticals Industries Ltd Pharmaceuticals
Hotels Resort and Other Recreational Activities
ICRA Ltd Finance
IPCA Laboratories Ltd Pharmaceuticals
Total
AMAZONCOM INC Consumer Services
Alphabet Inc (Google Class C) Internet amp Technology
Facebook INC Internet amp Technology
Suzuki Motor Corp (ADR)^ Auto
Microsoft Corporation Internet amp Technology
Total
Debt and Money Market Instruments
TREPS Including Cash amp Cash Equivalent and Net Current Asset
FDR
of Net Assets
799
629
535
528
479
371
327
322
316
312
281
264
234
187
178
152
147
136
123
108
099
6527
851
708
596
375
329
2859
590
024
Consumer Non Durables
Hero Motocorp Ltd
Bajaj Holdings amp Investment Ltd
Mphasis Ltd
Balkrishna Industries
Zydus Wellness Ltd Consumer Non Durables
Lupin Ltd
DrReddys Laboratories Ltd
Cadila Healthcare Ltd
Mahindra Holidays amp Resorts India Ltd
Overseas Securities IDRS and ADRs
Core Equity
Net Assets 100
614Debt and Money Market Instruments
1633Internet amp Technology
1389Software
1063Consumer Non durables
1020Banks
910Auto
851Consumer Services
123Hotels Resort and Other Recreational Activities
712Pharmaceuticals
312Auto Ancillaries
1373Finance
Date
Scheme Benchmark Index Index Value of Investment of Rs 10000-
PPLTEFNifty 500
(TRI)Nifty 50
(TRI) PPLTEFNifty 500
(TRI)Nifty 50
(TRI)
Since Inception 1682 1133 1066 1126 30995 21830 20901 21732
Aug 30 2019 to 2020 (Last 1 Yr)Aug 31 2589 540 431 458 12605 10543 10434 10460
Aug 31 31 2017 to 2020 (Last 3 Yrs)Aug 1314 372 601 803 14487 11158 11915 12612
Aug 31 31 2015 to 2020 (Last 5 Yrs)Aug 1355 832 875 938 18891 14918 15214 15663
SampP BSE Sensex (TRI)
SampP BSE Sensex (TRI)
Total Amount Invested 880000 120000 360000 600000
Market value of Investment 1552153 145880 459036 872830
Returns (Annualised) () 1515 4229 1643 1497
Nifty 500 (TRI) Returns (Annualised) () 860 1505 324 657
Nifty 50 Returns (Annualised) ()(TRI) 871 1375 487 779
SampP BSE Sensex Returns (Annualised) ()(TRI) 940 1373 622 896
Since Inception
from June 1 2013
August 30 August 2019 to
31 2020 (Last 1 Yr)
August August 31 2017 to
31 2020 (Last 3 Yrs)
August 31 2015 to August
31 2020 (Last 5 Yrs)
Aug 30 2019 to 2020Aug 31Since Inception (May 27 2013)
CAGR Scheme NiftyNifty 50 1066 Sensex 1126
1682 5001133Scheme 2589 Nifty
Nifty 50 431 Sensex 458 500 540
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Greater than 1 year returns are CAGR returns
Data presented here is upto the last calendar month
Less than 1year returns are annualised returns
SIP Investment Performance (Assumption `10000- is invested on the first of every month)
PPLTEF Returns Benchmark Returns (Nifty 500 (TRI)) Sensex (TRI) Returns Nifty 50 (TRI) Returns
May1
3
Nov1
3
May1
4
Nov1
4
May1
5
Nov1
5
May1
6
Nov1
6
May1
7
Nov1
7
May1
8
Nov1
8
May1
9
Nov1
9
May2
0
Aug20
Jan19
Feb19
Mar1
9
Apr1
9
May1
9
Jun19
Jul1
9
Aug19
Sep19
Oct
19
Nov1
9
Dec1
9
Jan20
Feb20
Mar2
0
Apr2
0
May2
0
Jun20
Jul2
0
Aug20
60
70
80
90
100
110
120
130
140
We have our Skin in the Game
The combined holding of Insiders in Parag Parikh Long Term Equity Fund
amounts to For more details Crores15641 of AUM as at August 31 2020
please visit the Schemes section of our website
PPLTEF Vs Benchmark Indices
Lumpsum Investment Performance (Compounded annual returns)
ITC 800
Persistent Systems Ltd Software 596
Central Depository Services (I) Ltd Finance 542
Finance 512
Auto 485
Auto 477
Software 451
Software 445
Software 432
383
Oracle Financial Services Software Ltd Software 372
HDFC Bank Ltd Banks 371
ICRA Ltd Finance 369
Axis Bank Ltd Banks 341
Auto Ancillaries 314
Indian Energy Exchange Ltd Finance 297
ICICI Bank Ltd Banks 294
Multi Commodity Exchange of India Ltd Finance 256
Hotels Resort and Other Recreational Activities
197
Sun Pharmaceuticals Industries Ltd Pharmaceuticals 145
Pharmaceuticals 124
Pharmaceuticals 124
IPCA Laboratories Ltd Pharmaceuticals 124
Pharmaceuticals 121
Total 8572
Debt and Money Market Instruments
TREPS Including Cash amp Cash Equivalent and Net Current Asset 1428
Consumer Non Durables
Bajaj Holdings amp Investment Ltd
Maruti Suzuki India Ltd
Hero Motocorp Ltd
Tata Consultancy Services Ltd
Wipro Ltd
Mphasis Ltd
Zydus Wellness Ltd Consumer Non Durables
Balkrishna Industries
Mahindra Holidays amp Resorts India Ltd
Cadila Healthcare Ltd
Lupin Ltd
DrReddys Laboratories Ltd
Debt and Money Market Instruments
Core Equity
Name Industry of Net Assets
Net Assets 10000
Portfolio Disclosure
-
- Since the fund has not completed 3 years other quantitative indicators are not
shown as per AMFI Best Practice Guidelines
Above figures are annualised
Name of the fund Parag Parikh Tax Saver Fund
Investment Objective
Type of the Scheme
Date of Allotment July 24 2019
Benchmark Index Nifty 500 (TRI)
To seek to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments
An open ended equity linked saving scheme with a statutory lock in of3 years and tax benefit
Name of the Fund
Managers
Assets Under Management
(AUM) as on August 31 2020
`5898 CroresAverage AUM
for the Month
`6103 Crores
Net Asset Value (NAV) as
on 2020August 31
Regular Plan 117275
Direct Plan 118880
Weighted Average
Expense Ratio
Regular Plan 226
Direct Plan 113
Including additional expenses and GST on management fees
Minimum
Application
Amount
New Purchase 500 and in multiples of 500Additional Purchase `
` `
500 and in
Monthly SIP ` `1000 Quarterly SIP 3000
Portfolio Turnover 480
Mr Rajeev Thakkar - (Overall 18 years of experience in fund management)
Equity Fund Manager
Mr Raj Mehta - Debt (Since )
Fund Manager Inception
Mr Raunak Onkar - Co (Since Inception)
Fund Manager
Industry Allocation
Entry Load Not Applicable
Not ApplicableExit Load
Load Structure
Quantitative Indicators
1976Finance
1183Consumer Non Durables
1006Banks
962Auto
314Auto Ancillaries
638Pharmaceuticals
1428
Market InstrumentsDebt and Money
197Hotels Resort and Other
Recreational Activities
372IT Consulting amp Other Services
1924Software
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Data presented here is upto the last calendar month
Less than 1year returns are annualised returns
Date
Scheme Benchmark Index Index Value of Investment of Rs 10000-
PPTSFNifty 500
(TRI)Nifty 50
(TRI)PPTSF Nifty 500
(TRI)Nifty 50
(TRI)
Since Inception 1548 323 207 303 11728 10358 10229 10336
August 30 2019 to 2020 (Last 1 Yr)August 31 1635 540 431 458 11645 10543 10434 10460
SampP BSE Sensex (TRI)
SampP BSE Sensex (TRI)
Total Amount Invested 140000 120000
Market value of Investment 162540 138977
Returns (Annualised) () 2667 3059
Nifty 500 (TRI) Returns (Annualised) () 1226 1505
Nifty 50 Returns (Annualised) ()(TRI) 1102 1375
SampP BSE Sensex Returns (Annualised) ()(TRI) 1122 1373
Since Inception
from Aug 1 2019
August 30 2019 to August
31 2020 (Last 1 Yr)
Aug 30 2019 to 2020Aug 31Since Inception (July 26 2019)
CAGR Scheme NiftyNifty 50 207 Sensex 303
1548 500323Scheme 1635 Nifty
Nifty 50 431 Sensex 458 500 540
SIP Investment Performance (Assumption `10000- is invested on the first of every month)
Lumpsum Investment Performance (Compounded annual returns)
PPTSF Returns Benchmark Returns (Nifty 500 (TRI)) Sensex (TRI) Returns Nifty 50 (TRI) Returns
Aug-1
9
Sep-1
9
Oct
-19
Dec-
19
Jan-2
0
Feb-2
0
Apr-
20
May-
20
Jun-2
0
Jul-20
Aug-2
0
Jul-19
Aug-1
9
Sep-1
9
Oct
-19
Nov-
19
Dec-
19
Jan-2
0
Jan-2
0
Feb-2
0
Mar-
20
Apr-
20
May-
20
Jun-2
0
Jul-20
Aug-2
0
60
70
80
90
100
110
120
130
The combined holding of Insiders in Parag Parikh Tax Saver Fund amounts to
For more details
`480 of AUM as at August 31 2020Crores please visit the
Schemes section of our website
PPTSF Vs Benchmark Indices
We have our Skin in the Game
Quantitative IndicatorsBeta069Standard Deviation0115Sharpe Ratio053Portfolio Turnover (excl Equity Arbitrage)01192Portfolio Turnover (incl Equity Arbitrage)18617
Portfolio DisclosureName of the fund Parag Parikh Liquid Fund
Investment Objective
Type of the Scheme
Date of Allotment May 11 2018
Benchmark Index CRISIL Liquid fund index
CRISIL 1 Year T-Bill index
To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments (Non Guaranteed)
An Open-ended Liquid Scheme
Name of theFund Manager
Mr Raj Mehta
Fund Manager since inceptionAlso manages debt component of PPLTEF since Jan 2016 amp PPTSF since inception
Assets Under
Management August 31 2020
(AUM) as on` Crores81707
Average AUM
for the Month`74927 Crores
Weighted Average
Expense Ratio
Regular Plan 025
Direct Plan 015
Including additional expenses and GST on management fees
Additional Benchmark
Minimum
Application
Amount
New Purchase 5000 `
Additional Purchase 1000 `
Monthly SIP 1000 `
NAV Details
Plan
Growth
Daily Dividend
Weekly Dividend
Monthly Dividend
Direct
11329174
10005404
10010000
10030000
Regular
11301769
10005404
10010000
10030000
Dividend History - Monthly Dividend Plan
Record date DirectRetail Retail
`259
`215
`287
`269
`222
`297
`259
`215
`287
`269
`222
`297
Corporate CorporateRegular
29th Jun 2020
27th Jul 2020
31st Aug 2020
Quantitive Indicators
Computed on the invested amount
Average Maturity (Days) 4353
012
311
Modified duration (Years)
Yield to Maturity
Macaulay Duration (Years) 012
Entry Load Not Applicable
For purpose of levying exit load if subscription (application amp funds) is received
within cut-off time on a day Day 1 shall be considered to be the same day else the
day after the date of allotment of units shall be considered as Day 1
Day of redemption switch from the date
of applicable NAV
Day 1 00070
Day 2 00065
Day 3 00060
Day 4 00055
Day 5 00050
Day 6 00045
Day 7 onwards 00000
Exit load as a ofredemption
switch proceeds
Exit Load
Load Structure
a) Debt and Money Market Instruments
Name Rating of Net Assets91 DAY T-BILL 03Sep20 Sovereign 612
91 DAY T-BILL 17 20Sep Sovereign 611
91 DAY T-BILL 01Oct20 Sovereign 610
91 DAY T-BILL 15 20Oct Sovereign 610
91 DAY T-BILL 08 20Oct Sovereign 610
91 DAY T-BILL 22 20Oct Sovereign 609
91 DAY T-BILL 29 20Oct Sovereign 609
91 DAY T-BILL 05Nov20 Sovereign 608
182 DAY T-BILL 19 20Nov Sovereign 608
182 DAY T-BILL 12 20Nov Sovereign 608
91 DAY T-BILL 10Sep20 Sovereign 489
364 DAY T-BILL 24Sep20 Sovereign 366
91 DAY T-BILL 26Nov20 Sovereign 364b) Government Securities
State Government of West Bengal 839 13Oct20 SDL Sovereign 615
State Government of Punjab 699 26 20 SDLOct Sovereign 615
State Government of Punjab 662 23Nov20 SDL Sovereign 493
927d) Fixed Deposits
HDFC Bank Ltd 525 06Nov20 MFD 012
HDFC Bank Ltd 66 07Oct20 MFD 012
HDFC Bank Ltd 45 17Dec20 MFD 012Invested Total 10000
c) TREPS and Other Receivables and Payables
TREPS Including Net ReceivablesPayables and Net Current Asset
Date
Scheme Benchmark Additional Benchmark Value of Investment of Rs 10000-
CRISIL 1 year T-bill Index
Since Inception 544 659 725 11302 11587 11754
269 368 044 10005 10007 10001
292
302
295
362
431
397 179
408 269
412 296
482
534
714
678
10012
10026
10074
10184
10434
10016
10035
10104
10244
10537
10007
10023
10075
10362
10682
PPLF (Regular Plan)
Crisil Liquid Fund Index
PPLF (Regular Plan)
Crisil Liquid Fund Index
CRISIL 1 year T-bill Index
August 24 2020 to 2020 (Last 7 Days) August 31
August 16 2020 to 2020 (Last 15 days) August 31
July 31 2020 to 2020 (Last 1 Month) August 31
May 31 2020 to 2020 (Last 3 Months) August 31
February 28 2020 to 2020 (Last 6 Months) August 31
August 30 2019 to 2020 (Last 1 Year) August 31
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Greater than 1 year returns are CAGR returns
Data presented here is upto the last calendar month
Less than 1 year returns are annualised returns
We have our Skin in the Game
The combined holding of Insiders in Parag Parikh Liquid Fund amounts to
For more details please `1964 of AUM as at August 31 2020 Crores visit the
Schemes section of our website
Lumpsum Investment Performance (Compounded annual returns)
Asset Allocation by Asset Class Asset Allocation by Rating
7314Treasury Bills
1724G Sec
962TREPS Fixed Deposit
Net receivables amp Payables and
Net Current Asset
9038Sovereign
962TREPS Fixed Deposit and
Net Receivables amp Payables
Mr Raj Mehta manages 3 Schemes of PPFAS Mutual Fund
Past Performance may or may not be sustained in future
The performance details provided herein are of regular plan growth option Regular and Direct Plans have different expense structure
Direct Plan shall have a lower expense ratio excluding distribution expenses commission expenses etc
Period 1 YearSince Inception 3 Years 5 Years
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
January 272016
Nifty 500 (TRI)
May 112018
July 242019
CRISIL Liquid fund index
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Fund Manager Name Mr Raj Mehta
Parag Parikh Long Term Equity Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI) 1682
1682
1682
544
1133
1133
1133
659
2589
2589
2589
431
540
540
540
534
1314
1314
1314
372
372
372
1355
1355
1355
832
832
832
July 242019
Nifty 500 (TRI) 1548
1548
1548
323
323
323
1635
1635
1635
540
540
540
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI)
July 242019
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
Parag Parikh Liquid Fund
Parag Parikh Tax Saver Fund
Mr Raunak Onkar manages 2 Schemes of PPFAS Mutual Fund
Mr Rajeev Thakkar manages 2 Schemes of PPFAS Mutual Fund
Fund Manager Name Mr Raunak Onkar
Fund Manager Name Mr Rajeev Thakkar
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Parag Parikh Tax Saver FundParag Parikh Long Term Equity Fund
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
The investment objective of the Scheme is to seek to
generate long-term capital growth from an actively managed
portfolio primarily of Equity and Equity Related Securities
Scheme shall invest in Indian equities foreign equities and
related instruments and debt securities
This product is suitable for investors who are seeking
Long term capital appreciation
Investment predominantly in equity and equity related securities
Riskometer
Parag Parikh Liquid Fund
LOW HIGH
woL
y
y
l
l
e
e
t
t
a ar ree
d
d
o
o
M
Mderao teM
Hig
h
HighwoL
Investors understand that their principal will be at Low risk
This product is suitable for investors who are seeking
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Income over short term
Investments in Debtmoney market instruments
RiskometerRiskometer
Definitions
Fund Manager
This is the minimum investment amount for a new investor in a mutual fund scheme
Minimum additional amount This is the minimum investment amount for an existing investor in a mutual fund scheme
SIP
NAV
Benchmark
Entry Load
Exit Load
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Portfolio Turnover Ratio
Yield to Maturity (YTM)
Modified Duration
Total Expense ratio
An employee of the asset management company such as a mutual fund or life insurer who manages investment of the scheme
He is usually part of a larger team of fund managers and research analysts
Application amount for fresh subscription
SIP or systematic investment plan work on the principle of making periodic investments of a fixed sum It works similar to a recurring
bank deposit For instance an investor may opt for an SIP that invests 500 every 15 ` th of the month in an equity fund for a period of three years
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses The NAV
is calculated at the end of every business day It is the value at which the investor enters or exits the mutual fund
A group of securities usually a market index whose performance is used as a standard or benchmark to measure investment performance of
mutual funds among other investments Some typical benchmark include the Nifty Sensex BSE 200 BSE 500 10-year Gsec
A mutual fund may have a sales charge or load at the time of entry andor exit to compensate the distributoragent Entry load is charged at the
time an investor purchase the units of a mutual fund The entry load is added to the prevailing NAV at the time of investment For instance if the
100 and the entry load is 1 the investor will enter the fund at Rs 101NAV is `
Exit load is charged at the time of redeeming (or transferring an investment between schemes) The exit load percentage is deducted from the
NAV at the time of redemption (or transfer between schemes) This amount goes to the respective scheme and gets added to the AUM of that Scheme
Standard deviation is a statistical measure of the range of an investmentrsquos performance When a mutual fund Scheme has a high standard deviation its
range of performance is wide implying greater volatility
The Sharpe Ratio named after its founder the Nobel Laureate William Sharpe is a measure of risk-adjusted returns It is calculated using standard
deviation and excess return to determine reward per unit of risk
Beta is a measure of an investments volatility vis-a-vis the market Beta of less than 1 means that the security will be less volatile than the market
A beta of greater than 1 implies that the securitys price will be more volatile than the market
AUM or assets under management refers to the recent updated cumulative market value of investments managed by a mutual fund or any
investment firm
The holding or the portfolio is a mutual funds latest or updated reported statement of investmentssecurities These are usually displayed in term
of percentage to net assets or the rupee value or both The objective is to give investors an idea of where their money is being invested by the
fund manager
The investment objective and underlying investments determine the nature of the mutual fund scheme For instance a mutual fund that aims at
generating capital appreciation by investing in stock markets is an equity fund or growth fund Likewise a mutual fund that aims at capital
preservation by investing in debt markets is a debt fund or income fund Each of these categories may have sub-categories
A measure of how frequently assets within a fund are bought and sold by the managers Portfolio turnover is calculated by taking either the total
amount of new securities purchased or the amount of securities sold - whichever is less - over a particular period divided by the total net asset
value (NAV) of the fund The measurement is usually reported for a 12-month time period
The yield to maturity (YTM) of a bond or other fixed-interest security such as gilts is the (theoretical) internal rate of return (IRR overall interest rate) earned by an investor who buys the bond today at the market price assuming that the bond is held until maturity and that all coupon and principal payments are made on schedule
Modified duration is a formula that expresses the measurable change in the value of a security in response to a change in interest rates Modified duration follows the concept that interest rates and bond prices move in opposite directions
The total expense ratio (TER) is a measure of the total cost of a fund to the investor Total costs may include various fees (purchase redemption auditing) and other expenses The TER calculated by dividing the total annual cost by the fundstotal assets averaged over that year is denoted as a percentage
- Page 1
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Date
Scheme Benchmark Index Index Value of Investment of Rs 10000-
PPLTEFNifty 500
(TRI)Nifty 50
(TRI) PPLTEFNifty 500
(TRI)Nifty 50
(TRI)
Since Inception 1682 1133 1066 1126 30995 21830 20901 21732
Aug 30 2019 to 2020 (Last 1 Yr)Aug 31 2589 540 431 458 12605 10543 10434 10460
Aug 31 31 2017 to 2020 (Last 3 Yrs)Aug 1314 372 601 803 14487 11158 11915 12612
Aug 31 31 2015 to 2020 (Last 5 Yrs)Aug 1355 832 875 938 18891 14918 15214 15663
SampP BSE Sensex (TRI)
SampP BSE Sensex (TRI)
Total Amount Invested 880000 120000 360000 600000
Market value of Investment 1552153 145880 459036 872830
Returns (Annualised) () 1515 4229 1643 1497
Nifty 500 (TRI) Returns (Annualised) () 860 1505 324 657
Nifty 50 Returns (Annualised) ()(TRI) 871 1375 487 779
SampP BSE Sensex Returns (Annualised) ()(TRI) 940 1373 622 896
Since Inception
from June 1 2013
August 30 August 2019 to
31 2020 (Last 1 Yr)
August August 31 2017 to
31 2020 (Last 3 Yrs)
August 31 2015 to August
31 2020 (Last 5 Yrs)
Aug 30 2019 to 2020Aug 31Since Inception (May 27 2013)
CAGR Scheme NiftyNifty 50 1066 Sensex 1126
1682 5001133Scheme 2589 Nifty
Nifty 50 431 Sensex 458 500 540
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Greater than 1 year returns are CAGR returns
Data presented here is upto the last calendar month
Less than 1year returns are annualised returns
SIP Investment Performance (Assumption `10000- is invested on the first of every month)
PPLTEF Returns Benchmark Returns (Nifty 500 (TRI)) Sensex (TRI) Returns Nifty 50 (TRI) Returns
May1
3
Nov1
3
May1
4
Nov1
4
May1
5
Nov1
5
May1
6
Nov1
6
May1
7
Nov1
7
May1
8
Nov1
8
May1
9
Nov1
9
May2
0
Aug20
Jan19
Feb19
Mar1
9
Apr1
9
May1
9
Jun19
Jul1
9
Aug19
Sep19
Oct
19
Nov1
9
Dec1
9
Jan20
Feb20
Mar2
0
Apr2
0
May2
0
Jun20
Jul2
0
Aug20
60
70
80
90
100
110
120
130
140
We have our Skin in the Game
The combined holding of Insiders in Parag Parikh Long Term Equity Fund
amounts to For more details Crores15641 of AUM as at August 31 2020
please visit the Schemes section of our website
PPLTEF Vs Benchmark Indices
Lumpsum Investment Performance (Compounded annual returns)
ITC 800
Persistent Systems Ltd Software 596
Central Depository Services (I) Ltd Finance 542
Finance 512
Auto 485
Auto 477
Software 451
Software 445
Software 432
383
Oracle Financial Services Software Ltd Software 372
HDFC Bank Ltd Banks 371
ICRA Ltd Finance 369
Axis Bank Ltd Banks 341
Auto Ancillaries 314
Indian Energy Exchange Ltd Finance 297
ICICI Bank Ltd Banks 294
Multi Commodity Exchange of India Ltd Finance 256
Hotels Resort and Other Recreational Activities
197
Sun Pharmaceuticals Industries Ltd Pharmaceuticals 145
Pharmaceuticals 124
Pharmaceuticals 124
IPCA Laboratories Ltd Pharmaceuticals 124
Pharmaceuticals 121
Total 8572
Debt and Money Market Instruments
TREPS Including Cash amp Cash Equivalent and Net Current Asset 1428
Consumer Non Durables
Bajaj Holdings amp Investment Ltd
Maruti Suzuki India Ltd
Hero Motocorp Ltd
Tata Consultancy Services Ltd
Wipro Ltd
Mphasis Ltd
Zydus Wellness Ltd Consumer Non Durables
Balkrishna Industries
Mahindra Holidays amp Resorts India Ltd
Cadila Healthcare Ltd
Lupin Ltd
DrReddys Laboratories Ltd
Debt and Money Market Instruments
Core Equity
Name Industry of Net Assets
Net Assets 10000
Portfolio Disclosure
-
- Since the fund has not completed 3 years other quantitative indicators are not
shown as per AMFI Best Practice Guidelines
Above figures are annualised
Name of the fund Parag Parikh Tax Saver Fund
Investment Objective
Type of the Scheme
Date of Allotment July 24 2019
Benchmark Index Nifty 500 (TRI)
To seek to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments
An open ended equity linked saving scheme with a statutory lock in of3 years and tax benefit
Name of the Fund
Managers
Assets Under Management
(AUM) as on August 31 2020
`5898 CroresAverage AUM
for the Month
`6103 Crores
Net Asset Value (NAV) as
on 2020August 31
Regular Plan 117275
Direct Plan 118880
Weighted Average
Expense Ratio
Regular Plan 226
Direct Plan 113
Including additional expenses and GST on management fees
Minimum
Application
Amount
New Purchase 500 and in multiples of 500Additional Purchase `
` `
500 and in
Monthly SIP ` `1000 Quarterly SIP 3000
Portfolio Turnover 480
Mr Rajeev Thakkar - (Overall 18 years of experience in fund management)
Equity Fund Manager
Mr Raj Mehta - Debt (Since )
Fund Manager Inception
Mr Raunak Onkar - Co (Since Inception)
Fund Manager
Industry Allocation
Entry Load Not Applicable
Not ApplicableExit Load
Load Structure
Quantitative Indicators
1976Finance
1183Consumer Non Durables
1006Banks
962Auto
314Auto Ancillaries
638Pharmaceuticals
1428
Market InstrumentsDebt and Money
197Hotels Resort and Other
Recreational Activities
372IT Consulting amp Other Services
1924Software
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Data presented here is upto the last calendar month
Less than 1year returns are annualised returns
Date
Scheme Benchmark Index Index Value of Investment of Rs 10000-
PPTSFNifty 500
(TRI)Nifty 50
(TRI)PPTSF Nifty 500
(TRI)Nifty 50
(TRI)
Since Inception 1548 323 207 303 11728 10358 10229 10336
August 30 2019 to 2020 (Last 1 Yr)August 31 1635 540 431 458 11645 10543 10434 10460
SampP BSE Sensex (TRI)
SampP BSE Sensex (TRI)
Total Amount Invested 140000 120000
Market value of Investment 162540 138977
Returns (Annualised) () 2667 3059
Nifty 500 (TRI) Returns (Annualised) () 1226 1505
Nifty 50 Returns (Annualised) ()(TRI) 1102 1375
SampP BSE Sensex Returns (Annualised) ()(TRI) 1122 1373
Since Inception
from Aug 1 2019
August 30 2019 to August
31 2020 (Last 1 Yr)
Aug 30 2019 to 2020Aug 31Since Inception (July 26 2019)
CAGR Scheme NiftyNifty 50 207 Sensex 303
1548 500323Scheme 1635 Nifty
Nifty 50 431 Sensex 458 500 540
SIP Investment Performance (Assumption `10000- is invested on the first of every month)
Lumpsum Investment Performance (Compounded annual returns)
PPTSF Returns Benchmark Returns (Nifty 500 (TRI)) Sensex (TRI) Returns Nifty 50 (TRI) Returns
Aug-1
9
Sep-1
9
Oct
-19
Dec-
19
Jan-2
0
Feb-2
0
Apr-
20
May-
20
Jun-2
0
Jul-20
Aug-2
0
Jul-19
Aug-1
9
Sep-1
9
Oct
-19
Nov-
19
Dec-
19
Jan-2
0
Jan-2
0
Feb-2
0
Mar-
20
Apr-
20
May-
20
Jun-2
0
Jul-20
Aug-2
0
60
70
80
90
100
110
120
130
The combined holding of Insiders in Parag Parikh Tax Saver Fund amounts to
For more details
`480 of AUM as at August 31 2020Crores please visit the
Schemes section of our website
PPTSF Vs Benchmark Indices
We have our Skin in the Game
Quantitative IndicatorsBeta069Standard Deviation0115Sharpe Ratio053Portfolio Turnover (excl Equity Arbitrage)01192Portfolio Turnover (incl Equity Arbitrage)18617
Portfolio DisclosureName of the fund Parag Parikh Liquid Fund
Investment Objective
Type of the Scheme
Date of Allotment May 11 2018
Benchmark Index CRISIL Liquid fund index
CRISIL 1 Year T-Bill index
To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments (Non Guaranteed)
An Open-ended Liquid Scheme
Name of theFund Manager
Mr Raj Mehta
Fund Manager since inceptionAlso manages debt component of PPLTEF since Jan 2016 amp PPTSF since inception
Assets Under
Management August 31 2020
(AUM) as on` Crores81707
Average AUM
for the Month`74927 Crores
Weighted Average
Expense Ratio
Regular Plan 025
Direct Plan 015
Including additional expenses and GST on management fees
Additional Benchmark
Minimum
Application
Amount
New Purchase 5000 `
Additional Purchase 1000 `
Monthly SIP 1000 `
NAV Details
Plan
Growth
Daily Dividend
Weekly Dividend
Monthly Dividend
Direct
11329174
10005404
10010000
10030000
Regular
11301769
10005404
10010000
10030000
Dividend History - Monthly Dividend Plan
Record date DirectRetail Retail
`259
`215
`287
`269
`222
`297
`259
`215
`287
`269
`222
`297
Corporate CorporateRegular
29th Jun 2020
27th Jul 2020
31st Aug 2020
Quantitive Indicators
Computed on the invested amount
Average Maturity (Days) 4353
012
311
Modified duration (Years)
Yield to Maturity
Macaulay Duration (Years) 012
Entry Load Not Applicable
For purpose of levying exit load if subscription (application amp funds) is received
within cut-off time on a day Day 1 shall be considered to be the same day else the
day after the date of allotment of units shall be considered as Day 1
Day of redemption switch from the date
of applicable NAV
Day 1 00070
Day 2 00065
Day 3 00060
Day 4 00055
Day 5 00050
Day 6 00045
Day 7 onwards 00000
Exit load as a ofredemption
switch proceeds
Exit Load
Load Structure
a) Debt and Money Market Instruments
Name Rating of Net Assets91 DAY T-BILL 03Sep20 Sovereign 612
91 DAY T-BILL 17 20Sep Sovereign 611
91 DAY T-BILL 01Oct20 Sovereign 610
91 DAY T-BILL 15 20Oct Sovereign 610
91 DAY T-BILL 08 20Oct Sovereign 610
91 DAY T-BILL 22 20Oct Sovereign 609
91 DAY T-BILL 29 20Oct Sovereign 609
91 DAY T-BILL 05Nov20 Sovereign 608
182 DAY T-BILL 19 20Nov Sovereign 608
182 DAY T-BILL 12 20Nov Sovereign 608
91 DAY T-BILL 10Sep20 Sovereign 489
364 DAY T-BILL 24Sep20 Sovereign 366
91 DAY T-BILL 26Nov20 Sovereign 364b) Government Securities
State Government of West Bengal 839 13Oct20 SDL Sovereign 615
State Government of Punjab 699 26 20 SDLOct Sovereign 615
State Government of Punjab 662 23Nov20 SDL Sovereign 493
927d) Fixed Deposits
HDFC Bank Ltd 525 06Nov20 MFD 012
HDFC Bank Ltd 66 07Oct20 MFD 012
HDFC Bank Ltd 45 17Dec20 MFD 012Invested Total 10000
c) TREPS and Other Receivables and Payables
TREPS Including Net ReceivablesPayables and Net Current Asset
Date
Scheme Benchmark Additional Benchmark Value of Investment of Rs 10000-
CRISIL 1 year T-bill Index
Since Inception 544 659 725 11302 11587 11754
269 368 044 10005 10007 10001
292
302
295
362
431
397 179
408 269
412 296
482
534
714
678
10012
10026
10074
10184
10434
10016
10035
10104
10244
10537
10007
10023
10075
10362
10682
PPLF (Regular Plan)
Crisil Liquid Fund Index
PPLF (Regular Plan)
Crisil Liquid Fund Index
CRISIL 1 year T-bill Index
August 24 2020 to 2020 (Last 7 Days) August 31
August 16 2020 to 2020 (Last 15 days) August 31
July 31 2020 to 2020 (Last 1 Month) August 31
May 31 2020 to 2020 (Last 3 Months) August 31
February 28 2020 to 2020 (Last 6 Months) August 31
August 30 2019 to 2020 (Last 1 Year) August 31
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Greater than 1 year returns are CAGR returns
Data presented here is upto the last calendar month
Less than 1 year returns are annualised returns
We have our Skin in the Game
The combined holding of Insiders in Parag Parikh Liquid Fund amounts to
For more details please `1964 of AUM as at August 31 2020 Crores visit the
Schemes section of our website
Lumpsum Investment Performance (Compounded annual returns)
Asset Allocation by Asset Class Asset Allocation by Rating
7314Treasury Bills
1724G Sec
962TREPS Fixed Deposit
Net receivables amp Payables and
Net Current Asset
9038Sovereign
962TREPS Fixed Deposit and
Net Receivables amp Payables
Mr Raj Mehta manages 3 Schemes of PPFAS Mutual Fund
Past Performance may or may not be sustained in future
The performance details provided herein are of regular plan growth option Regular and Direct Plans have different expense structure
Direct Plan shall have a lower expense ratio excluding distribution expenses commission expenses etc
Period 1 YearSince Inception 3 Years 5 Years
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
January 272016
Nifty 500 (TRI)
May 112018
July 242019
CRISIL Liquid fund index
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Fund Manager Name Mr Raj Mehta
Parag Parikh Long Term Equity Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI) 1682
1682
1682
544
1133
1133
1133
659
2589
2589
2589
431
540
540
540
534
1314
1314
1314
372
372
372
1355
1355
1355
832
832
832
July 242019
Nifty 500 (TRI) 1548
1548
1548
323
323
323
1635
1635
1635
540
540
540
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI)
July 242019
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
Parag Parikh Liquid Fund
Parag Parikh Tax Saver Fund
Mr Raunak Onkar manages 2 Schemes of PPFAS Mutual Fund
Mr Rajeev Thakkar manages 2 Schemes of PPFAS Mutual Fund
Fund Manager Name Mr Raunak Onkar
Fund Manager Name Mr Rajeev Thakkar
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Parag Parikh Tax Saver FundParag Parikh Long Term Equity Fund
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
The investment objective of the Scheme is to seek to
generate long-term capital growth from an actively managed
portfolio primarily of Equity and Equity Related Securities
Scheme shall invest in Indian equities foreign equities and
related instruments and debt securities
This product is suitable for investors who are seeking
Long term capital appreciation
Investment predominantly in equity and equity related securities
Riskometer
Parag Parikh Liquid Fund
LOW HIGH
woL
y
y
l
l
e
e
t
t
a ar ree
d
d
o
o
M
Mderao teM
Hig
h
HighwoL
Investors understand that their principal will be at Low risk
This product is suitable for investors who are seeking
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Income over short term
Investments in Debtmoney market instruments
RiskometerRiskometer
Definitions
Fund Manager
This is the minimum investment amount for a new investor in a mutual fund scheme
Minimum additional amount This is the minimum investment amount for an existing investor in a mutual fund scheme
SIP
NAV
Benchmark
Entry Load
Exit Load
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Portfolio Turnover Ratio
Yield to Maturity (YTM)
Modified Duration
Total Expense ratio
An employee of the asset management company such as a mutual fund or life insurer who manages investment of the scheme
He is usually part of a larger team of fund managers and research analysts
Application amount for fresh subscription
SIP or systematic investment plan work on the principle of making periodic investments of a fixed sum It works similar to a recurring
bank deposit For instance an investor may opt for an SIP that invests 500 every 15 ` th of the month in an equity fund for a period of three years
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses The NAV
is calculated at the end of every business day It is the value at which the investor enters or exits the mutual fund
A group of securities usually a market index whose performance is used as a standard or benchmark to measure investment performance of
mutual funds among other investments Some typical benchmark include the Nifty Sensex BSE 200 BSE 500 10-year Gsec
A mutual fund may have a sales charge or load at the time of entry andor exit to compensate the distributoragent Entry load is charged at the
time an investor purchase the units of a mutual fund The entry load is added to the prevailing NAV at the time of investment For instance if the
100 and the entry load is 1 the investor will enter the fund at Rs 101NAV is `
Exit load is charged at the time of redeeming (or transferring an investment between schemes) The exit load percentage is deducted from the
NAV at the time of redemption (or transfer between schemes) This amount goes to the respective scheme and gets added to the AUM of that Scheme
Standard deviation is a statistical measure of the range of an investmentrsquos performance When a mutual fund Scheme has a high standard deviation its
range of performance is wide implying greater volatility
The Sharpe Ratio named after its founder the Nobel Laureate William Sharpe is a measure of risk-adjusted returns It is calculated using standard
deviation and excess return to determine reward per unit of risk
Beta is a measure of an investments volatility vis-a-vis the market Beta of less than 1 means that the security will be less volatile than the market
A beta of greater than 1 implies that the securitys price will be more volatile than the market
AUM or assets under management refers to the recent updated cumulative market value of investments managed by a mutual fund or any
investment firm
The holding or the portfolio is a mutual funds latest or updated reported statement of investmentssecurities These are usually displayed in term
of percentage to net assets or the rupee value or both The objective is to give investors an idea of where their money is being invested by the
fund manager
The investment objective and underlying investments determine the nature of the mutual fund scheme For instance a mutual fund that aims at
generating capital appreciation by investing in stock markets is an equity fund or growth fund Likewise a mutual fund that aims at capital
preservation by investing in debt markets is a debt fund or income fund Each of these categories may have sub-categories
A measure of how frequently assets within a fund are bought and sold by the managers Portfolio turnover is calculated by taking either the total
amount of new securities purchased or the amount of securities sold - whichever is less - over a particular period divided by the total net asset
value (NAV) of the fund The measurement is usually reported for a 12-month time period
The yield to maturity (YTM) of a bond or other fixed-interest security such as gilts is the (theoretical) internal rate of return (IRR overall interest rate) earned by an investor who buys the bond today at the market price assuming that the bond is held until maturity and that all coupon and principal payments are made on schedule
Modified duration is a formula that expresses the measurable change in the value of a security in response to a change in interest rates Modified duration follows the concept that interest rates and bond prices move in opposite directions
The total expense ratio (TER) is a measure of the total cost of a fund to the investor Total costs may include various fees (purchase redemption auditing) and other expenses The TER calculated by dividing the total annual cost by the fundstotal assets averaged over that year is denoted as a percentage
- Page 1
- Page 2
- Page 3
- Page 4
- Page 5
- Page 6
- Page 7
- Page 8
- Page 9
-
ITC 800
Persistent Systems Ltd Software 596
Central Depository Services (I) Ltd Finance 542
Finance 512
Auto 485
Auto 477
Software 451
Software 445
Software 432
383
Oracle Financial Services Software Ltd Software 372
HDFC Bank Ltd Banks 371
ICRA Ltd Finance 369
Axis Bank Ltd Banks 341
Auto Ancillaries 314
Indian Energy Exchange Ltd Finance 297
ICICI Bank Ltd Banks 294
Multi Commodity Exchange of India Ltd Finance 256
Hotels Resort and Other Recreational Activities
197
Sun Pharmaceuticals Industries Ltd Pharmaceuticals 145
Pharmaceuticals 124
Pharmaceuticals 124
IPCA Laboratories Ltd Pharmaceuticals 124
Pharmaceuticals 121
Total 8572
Debt and Money Market Instruments
TREPS Including Cash amp Cash Equivalent and Net Current Asset 1428
Consumer Non Durables
Bajaj Holdings amp Investment Ltd
Maruti Suzuki India Ltd
Hero Motocorp Ltd
Tata Consultancy Services Ltd
Wipro Ltd
Mphasis Ltd
Zydus Wellness Ltd Consumer Non Durables
Balkrishna Industries
Mahindra Holidays amp Resorts India Ltd
Cadila Healthcare Ltd
Lupin Ltd
DrReddys Laboratories Ltd
Debt and Money Market Instruments
Core Equity
Name Industry of Net Assets
Net Assets 10000
Portfolio Disclosure
-
- Since the fund has not completed 3 years other quantitative indicators are not
shown as per AMFI Best Practice Guidelines
Above figures are annualised
Name of the fund Parag Parikh Tax Saver Fund
Investment Objective
Type of the Scheme
Date of Allotment July 24 2019
Benchmark Index Nifty 500 (TRI)
To seek to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments
An open ended equity linked saving scheme with a statutory lock in of3 years and tax benefit
Name of the Fund
Managers
Assets Under Management
(AUM) as on August 31 2020
`5898 CroresAverage AUM
for the Month
`6103 Crores
Net Asset Value (NAV) as
on 2020August 31
Regular Plan 117275
Direct Plan 118880
Weighted Average
Expense Ratio
Regular Plan 226
Direct Plan 113
Including additional expenses and GST on management fees
Minimum
Application
Amount
New Purchase 500 and in multiples of 500Additional Purchase `
` `
500 and in
Monthly SIP ` `1000 Quarterly SIP 3000
Portfolio Turnover 480
Mr Rajeev Thakkar - (Overall 18 years of experience in fund management)
Equity Fund Manager
Mr Raj Mehta - Debt (Since )
Fund Manager Inception
Mr Raunak Onkar - Co (Since Inception)
Fund Manager
Industry Allocation
Entry Load Not Applicable
Not ApplicableExit Load
Load Structure
Quantitative Indicators
1976Finance
1183Consumer Non Durables
1006Banks
962Auto
314Auto Ancillaries
638Pharmaceuticals
1428
Market InstrumentsDebt and Money
197Hotels Resort and Other
Recreational Activities
372IT Consulting amp Other Services
1924Software
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Data presented here is upto the last calendar month
Less than 1year returns are annualised returns
Date
Scheme Benchmark Index Index Value of Investment of Rs 10000-
PPTSFNifty 500
(TRI)Nifty 50
(TRI)PPTSF Nifty 500
(TRI)Nifty 50
(TRI)
Since Inception 1548 323 207 303 11728 10358 10229 10336
August 30 2019 to 2020 (Last 1 Yr)August 31 1635 540 431 458 11645 10543 10434 10460
SampP BSE Sensex (TRI)
SampP BSE Sensex (TRI)
Total Amount Invested 140000 120000
Market value of Investment 162540 138977
Returns (Annualised) () 2667 3059
Nifty 500 (TRI) Returns (Annualised) () 1226 1505
Nifty 50 Returns (Annualised) ()(TRI) 1102 1375
SampP BSE Sensex Returns (Annualised) ()(TRI) 1122 1373
Since Inception
from Aug 1 2019
August 30 2019 to August
31 2020 (Last 1 Yr)
Aug 30 2019 to 2020Aug 31Since Inception (July 26 2019)
CAGR Scheme NiftyNifty 50 207 Sensex 303
1548 500323Scheme 1635 Nifty
Nifty 50 431 Sensex 458 500 540
SIP Investment Performance (Assumption `10000- is invested on the first of every month)
Lumpsum Investment Performance (Compounded annual returns)
PPTSF Returns Benchmark Returns (Nifty 500 (TRI)) Sensex (TRI) Returns Nifty 50 (TRI) Returns
Aug-1
9
Sep-1
9
Oct
-19
Dec-
19
Jan-2
0
Feb-2
0
Apr-
20
May-
20
Jun-2
0
Jul-20
Aug-2
0
Jul-19
Aug-1
9
Sep-1
9
Oct
-19
Nov-
19
Dec-
19
Jan-2
0
Jan-2
0
Feb-2
0
Mar-
20
Apr-
20
May-
20
Jun-2
0
Jul-20
Aug-2
0
60
70
80
90
100
110
120
130
The combined holding of Insiders in Parag Parikh Tax Saver Fund amounts to
For more details
`480 of AUM as at August 31 2020Crores please visit the
Schemes section of our website
PPTSF Vs Benchmark Indices
We have our Skin in the Game
Quantitative IndicatorsBeta069Standard Deviation0115Sharpe Ratio053Portfolio Turnover (excl Equity Arbitrage)01192Portfolio Turnover (incl Equity Arbitrage)18617
Portfolio DisclosureName of the fund Parag Parikh Liquid Fund
Investment Objective
Type of the Scheme
Date of Allotment May 11 2018
Benchmark Index CRISIL Liquid fund index
CRISIL 1 Year T-Bill index
To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments (Non Guaranteed)
An Open-ended Liquid Scheme
Name of theFund Manager
Mr Raj Mehta
Fund Manager since inceptionAlso manages debt component of PPLTEF since Jan 2016 amp PPTSF since inception
Assets Under
Management August 31 2020
(AUM) as on` Crores81707
Average AUM
for the Month`74927 Crores
Weighted Average
Expense Ratio
Regular Plan 025
Direct Plan 015
Including additional expenses and GST on management fees
Additional Benchmark
Minimum
Application
Amount
New Purchase 5000 `
Additional Purchase 1000 `
Monthly SIP 1000 `
NAV Details
Plan
Growth
Daily Dividend
Weekly Dividend
Monthly Dividend
Direct
11329174
10005404
10010000
10030000
Regular
11301769
10005404
10010000
10030000
Dividend History - Monthly Dividend Plan
Record date DirectRetail Retail
`259
`215
`287
`269
`222
`297
`259
`215
`287
`269
`222
`297
Corporate CorporateRegular
29th Jun 2020
27th Jul 2020
31st Aug 2020
Quantitive Indicators
Computed on the invested amount
Average Maturity (Days) 4353
012
311
Modified duration (Years)
Yield to Maturity
Macaulay Duration (Years) 012
Entry Load Not Applicable
For purpose of levying exit load if subscription (application amp funds) is received
within cut-off time on a day Day 1 shall be considered to be the same day else the
day after the date of allotment of units shall be considered as Day 1
Day of redemption switch from the date
of applicable NAV
Day 1 00070
Day 2 00065
Day 3 00060
Day 4 00055
Day 5 00050
Day 6 00045
Day 7 onwards 00000
Exit load as a ofredemption
switch proceeds
Exit Load
Load Structure
a) Debt and Money Market Instruments
Name Rating of Net Assets91 DAY T-BILL 03Sep20 Sovereign 612
91 DAY T-BILL 17 20Sep Sovereign 611
91 DAY T-BILL 01Oct20 Sovereign 610
91 DAY T-BILL 15 20Oct Sovereign 610
91 DAY T-BILL 08 20Oct Sovereign 610
91 DAY T-BILL 22 20Oct Sovereign 609
91 DAY T-BILL 29 20Oct Sovereign 609
91 DAY T-BILL 05Nov20 Sovereign 608
182 DAY T-BILL 19 20Nov Sovereign 608
182 DAY T-BILL 12 20Nov Sovereign 608
91 DAY T-BILL 10Sep20 Sovereign 489
364 DAY T-BILL 24Sep20 Sovereign 366
91 DAY T-BILL 26Nov20 Sovereign 364b) Government Securities
State Government of West Bengal 839 13Oct20 SDL Sovereign 615
State Government of Punjab 699 26 20 SDLOct Sovereign 615
State Government of Punjab 662 23Nov20 SDL Sovereign 493
927d) Fixed Deposits
HDFC Bank Ltd 525 06Nov20 MFD 012
HDFC Bank Ltd 66 07Oct20 MFD 012
HDFC Bank Ltd 45 17Dec20 MFD 012Invested Total 10000
c) TREPS and Other Receivables and Payables
TREPS Including Net ReceivablesPayables and Net Current Asset
Date
Scheme Benchmark Additional Benchmark Value of Investment of Rs 10000-
CRISIL 1 year T-bill Index
Since Inception 544 659 725 11302 11587 11754
269 368 044 10005 10007 10001
292
302
295
362
431
397 179
408 269
412 296
482
534
714
678
10012
10026
10074
10184
10434
10016
10035
10104
10244
10537
10007
10023
10075
10362
10682
PPLF (Regular Plan)
Crisil Liquid Fund Index
PPLF (Regular Plan)
Crisil Liquid Fund Index
CRISIL 1 year T-bill Index
August 24 2020 to 2020 (Last 7 Days) August 31
August 16 2020 to 2020 (Last 15 days) August 31
July 31 2020 to 2020 (Last 1 Month) August 31
May 31 2020 to 2020 (Last 3 Months) August 31
February 28 2020 to 2020 (Last 6 Months) August 31
August 30 2019 to 2020 (Last 1 Year) August 31
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Greater than 1 year returns are CAGR returns
Data presented here is upto the last calendar month
Less than 1 year returns are annualised returns
We have our Skin in the Game
The combined holding of Insiders in Parag Parikh Liquid Fund amounts to
For more details please `1964 of AUM as at August 31 2020 Crores visit the
Schemes section of our website
Lumpsum Investment Performance (Compounded annual returns)
Asset Allocation by Asset Class Asset Allocation by Rating
7314Treasury Bills
1724G Sec
962TREPS Fixed Deposit
Net receivables amp Payables and
Net Current Asset
9038Sovereign
962TREPS Fixed Deposit and
Net Receivables amp Payables
Mr Raj Mehta manages 3 Schemes of PPFAS Mutual Fund
Past Performance may or may not be sustained in future
The performance details provided herein are of regular plan growth option Regular and Direct Plans have different expense structure
Direct Plan shall have a lower expense ratio excluding distribution expenses commission expenses etc
Period 1 YearSince Inception 3 Years 5 Years
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
January 272016
Nifty 500 (TRI)
May 112018
July 242019
CRISIL Liquid fund index
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Fund Manager Name Mr Raj Mehta
Parag Parikh Long Term Equity Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI) 1682
1682
1682
544
1133
1133
1133
659
2589
2589
2589
431
540
540
540
534
1314
1314
1314
372
372
372
1355
1355
1355
832
832
832
July 242019
Nifty 500 (TRI) 1548
1548
1548
323
323
323
1635
1635
1635
540
540
540
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI)
July 242019
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
Parag Parikh Liquid Fund
Parag Parikh Tax Saver Fund
Mr Raunak Onkar manages 2 Schemes of PPFAS Mutual Fund
Mr Rajeev Thakkar manages 2 Schemes of PPFAS Mutual Fund
Fund Manager Name Mr Raunak Onkar
Fund Manager Name Mr Rajeev Thakkar
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Parag Parikh Tax Saver FundParag Parikh Long Term Equity Fund
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
The investment objective of the Scheme is to seek to
generate long-term capital growth from an actively managed
portfolio primarily of Equity and Equity Related Securities
Scheme shall invest in Indian equities foreign equities and
related instruments and debt securities
This product is suitable for investors who are seeking
Long term capital appreciation
Investment predominantly in equity and equity related securities
Riskometer
Parag Parikh Liquid Fund
LOW HIGH
woL
y
y
l
l
e
e
t
t
a ar ree
d
d
o
o
M
Mderao teM
Hig
h
HighwoL
Investors understand that their principal will be at Low risk
This product is suitable for investors who are seeking
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Income over short term
Investments in Debtmoney market instruments
RiskometerRiskometer
Definitions
Fund Manager
This is the minimum investment amount for a new investor in a mutual fund scheme
Minimum additional amount This is the minimum investment amount for an existing investor in a mutual fund scheme
SIP
NAV
Benchmark
Entry Load
Exit Load
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Portfolio Turnover Ratio
Yield to Maturity (YTM)
Modified Duration
Total Expense ratio
An employee of the asset management company such as a mutual fund or life insurer who manages investment of the scheme
He is usually part of a larger team of fund managers and research analysts
Application amount for fresh subscription
SIP or systematic investment plan work on the principle of making periodic investments of a fixed sum It works similar to a recurring
bank deposit For instance an investor may opt for an SIP that invests 500 every 15 ` th of the month in an equity fund for a period of three years
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses The NAV
is calculated at the end of every business day It is the value at which the investor enters or exits the mutual fund
A group of securities usually a market index whose performance is used as a standard or benchmark to measure investment performance of
mutual funds among other investments Some typical benchmark include the Nifty Sensex BSE 200 BSE 500 10-year Gsec
A mutual fund may have a sales charge or load at the time of entry andor exit to compensate the distributoragent Entry load is charged at the
time an investor purchase the units of a mutual fund The entry load is added to the prevailing NAV at the time of investment For instance if the
100 and the entry load is 1 the investor will enter the fund at Rs 101NAV is `
Exit load is charged at the time of redeeming (or transferring an investment between schemes) The exit load percentage is deducted from the
NAV at the time of redemption (or transfer between schemes) This amount goes to the respective scheme and gets added to the AUM of that Scheme
Standard deviation is a statistical measure of the range of an investmentrsquos performance When a mutual fund Scheme has a high standard deviation its
range of performance is wide implying greater volatility
The Sharpe Ratio named after its founder the Nobel Laureate William Sharpe is a measure of risk-adjusted returns It is calculated using standard
deviation and excess return to determine reward per unit of risk
Beta is a measure of an investments volatility vis-a-vis the market Beta of less than 1 means that the security will be less volatile than the market
A beta of greater than 1 implies that the securitys price will be more volatile than the market
AUM or assets under management refers to the recent updated cumulative market value of investments managed by a mutual fund or any
investment firm
The holding or the portfolio is a mutual funds latest or updated reported statement of investmentssecurities These are usually displayed in term
of percentage to net assets or the rupee value or both The objective is to give investors an idea of where their money is being invested by the
fund manager
The investment objective and underlying investments determine the nature of the mutual fund scheme For instance a mutual fund that aims at
generating capital appreciation by investing in stock markets is an equity fund or growth fund Likewise a mutual fund that aims at capital
preservation by investing in debt markets is a debt fund or income fund Each of these categories may have sub-categories
A measure of how frequently assets within a fund are bought and sold by the managers Portfolio turnover is calculated by taking either the total
amount of new securities purchased or the amount of securities sold - whichever is less - over a particular period divided by the total net asset
value (NAV) of the fund The measurement is usually reported for a 12-month time period
The yield to maturity (YTM) of a bond or other fixed-interest security such as gilts is the (theoretical) internal rate of return (IRR overall interest rate) earned by an investor who buys the bond today at the market price assuming that the bond is held until maturity and that all coupon and principal payments are made on schedule
Modified duration is a formula that expresses the measurable change in the value of a security in response to a change in interest rates Modified duration follows the concept that interest rates and bond prices move in opposite directions
The total expense ratio (TER) is a measure of the total cost of a fund to the investor Total costs may include various fees (purchase redemption auditing) and other expenses The TER calculated by dividing the total annual cost by the fundstotal assets averaged over that year is denoted as a percentage
- Page 1
- Page 2
- Page 3
- Page 4
- Page 5
- Page 6
- Page 7
- Page 8
- Page 9
-
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Data presented here is upto the last calendar month
Less than 1year returns are annualised returns
Date
Scheme Benchmark Index Index Value of Investment of Rs 10000-
PPTSFNifty 500
(TRI)Nifty 50
(TRI)PPTSF Nifty 500
(TRI)Nifty 50
(TRI)
Since Inception 1548 323 207 303 11728 10358 10229 10336
August 30 2019 to 2020 (Last 1 Yr)August 31 1635 540 431 458 11645 10543 10434 10460
SampP BSE Sensex (TRI)
SampP BSE Sensex (TRI)
Total Amount Invested 140000 120000
Market value of Investment 162540 138977
Returns (Annualised) () 2667 3059
Nifty 500 (TRI) Returns (Annualised) () 1226 1505
Nifty 50 Returns (Annualised) ()(TRI) 1102 1375
SampP BSE Sensex Returns (Annualised) ()(TRI) 1122 1373
Since Inception
from Aug 1 2019
August 30 2019 to August
31 2020 (Last 1 Yr)
Aug 30 2019 to 2020Aug 31Since Inception (July 26 2019)
CAGR Scheme NiftyNifty 50 207 Sensex 303
1548 500323Scheme 1635 Nifty
Nifty 50 431 Sensex 458 500 540
SIP Investment Performance (Assumption `10000- is invested on the first of every month)
Lumpsum Investment Performance (Compounded annual returns)
PPTSF Returns Benchmark Returns (Nifty 500 (TRI)) Sensex (TRI) Returns Nifty 50 (TRI) Returns
Aug-1
9
Sep-1
9
Oct
-19
Dec-
19
Jan-2
0
Feb-2
0
Apr-
20
May-
20
Jun-2
0
Jul-20
Aug-2
0
Jul-19
Aug-1
9
Sep-1
9
Oct
-19
Nov-
19
Dec-
19
Jan-2
0
Jan-2
0
Feb-2
0
Mar-
20
Apr-
20
May-
20
Jun-2
0
Jul-20
Aug-2
0
60
70
80
90
100
110
120
130
The combined holding of Insiders in Parag Parikh Tax Saver Fund amounts to
For more details
`480 of AUM as at August 31 2020Crores please visit the
Schemes section of our website
PPTSF Vs Benchmark Indices
We have our Skin in the Game
Quantitative IndicatorsBeta069Standard Deviation0115Sharpe Ratio053Portfolio Turnover (excl Equity Arbitrage)01192Portfolio Turnover (incl Equity Arbitrage)18617
Portfolio DisclosureName of the fund Parag Parikh Liquid Fund
Investment Objective
Type of the Scheme
Date of Allotment May 11 2018
Benchmark Index CRISIL Liquid fund index
CRISIL 1 Year T-Bill index
To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments (Non Guaranteed)
An Open-ended Liquid Scheme
Name of theFund Manager
Mr Raj Mehta
Fund Manager since inceptionAlso manages debt component of PPLTEF since Jan 2016 amp PPTSF since inception
Assets Under
Management August 31 2020
(AUM) as on` Crores81707
Average AUM
for the Month`74927 Crores
Weighted Average
Expense Ratio
Regular Plan 025
Direct Plan 015
Including additional expenses and GST on management fees
Additional Benchmark
Minimum
Application
Amount
New Purchase 5000 `
Additional Purchase 1000 `
Monthly SIP 1000 `
NAV Details
Plan
Growth
Daily Dividend
Weekly Dividend
Monthly Dividend
Direct
11329174
10005404
10010000
10030000
Regular
11301769
10005404
10010000
10030000
Dividend History - Monthly Dividend Plan
Record date DirectRetail Retail
`259
`215
`287
`269
`222
`297
`259
`215
`287
`269
`222
`297
Corporate CorporateRegular
29th Jun 2020
27th Jul 2020
31st Aug 2020
Quantitive Indicators
Computed on the invested amount
Average Maturity (Days) 4353
012
311
Modified duration (Years)
Yield to Maturity
Macaulay Duration (Years) 012
Entry Load Not Applicable
For purpose of levying exit load if subscription (application amp funds) is received
within cut-off time on a day Day 1 shall be considered to be the same day else the
day after the date of allotment of units shall be considered as Day 1
Day of redemption switch from the date
of applicable NAV
Day 1 00070
Day 2 00065
Day 3 00060
Day 4 00055
Day 5 00050
Day 6 00045
Day 7 onwards 00000
Exit load as a ofredemption
switch proceeds
Exit Load
Load Structure
a) Debt and Money Market Instruments
Name Rating of Net Assets91 DAY T-BILL 03Sep20 Sovereign 612
91 DAY T-BILL 17 20Sep Sovereign 611
91 DAY T-BILL 01Oct20 Sovereign 610
91 DAY T-BILL 15 20Oct Sovereign 610
91 DAY T-BILL 08 20Oct Sovereign 610
91 DAY T-BILL 22 20Oct Sovereign 609
91 DAY T-BILL 29 20Oct Sovereign 609
91 DAY T-BILL 05Nov20 Sovereign 608
182 DAY T-BILL 19 20Nov Sovereign 608
182 DAY T-BILL 12 20Nov Sovereign 608
91 DAY T-BILL 10Sep20 Sovereign 489
364 DAY T-BILL 24Sep20 Sovereign 366
91 DAY T-BILL 26Nov20 Sovereign 364b) Government Securities
State Government of West Bengal 839 13Oct20 SDL Sovereign 615
State Government of Punjab 699 26 20 SDLOct Sovereign 615
State Government of Punjab 662 23Nov20 SDL Sovereign 493
927d) Fixed Deposits
HDFC Bank Ltd 525 06Nov20 MFD 012
HDFC Bank Ltd 66 07Oct20 MFD 012
HDFC Bank Ltd 45 17Dec20 MFD 012Invested Total 10000
c) TREPS and Other Receivables and Payables
TREPS Including Net ReceivablesPayables and Net Current Asset
Date
Scheme Benchmark Additional Benchmark Value of Investment of Rs 10000-
CRISIL 1 year T-bill Index
Since Inception 544 659 725 11302 11587 11754
269 368 044 10005 10007 10001
292
302
295
362
431
397 179
408 269
412 296
482
534
714
678
10012
10026
10074
10184
10434
10016
10035
10104
10244
10537
10007
10023
10075
10362
10682
PPLF (Regular Plan)
Crisil Liquid Fund Index
PPLF (Regular Plan)
Crisil Liquid Fund Index
CRISIL 1 year T-bill Index
August 24 2020 to 2020 (Last 7 Days) August 31
August 16 2020 to 2020 (Last 15 days) August 31
July 31 2020 to 2020 (Last 1 Month) August 31
May 31 2020 to 2020 (Last 3 Months) August 31
February 28 2020 to 2020 (Last 6 Months) August 31
August 30 2019 to 2020 (Last 1 Year) August 31
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Greater than 1 year returns are CAGR returns
Data presented here is upto the last calendar month
Less than 1 year returns are annualised returns
We have our Skin in the Game
The combined holding of Insiders in Parag Parikh Liquid Fund amounts to
For more details please `1964 of AUM as at August 31 2020 Crores visit the
Schemes section of our website
Lumpsum Investment Performance (Compounded annual returns)
Asset Allocation by Asset Class Asset Allocation by Rating
7314Treasury Bills
1724G Sec
962TREPS Fixed Deposit
Net receivables amp Payables and
Net Current Asset
9038Sovereign
962TREPS Fixed Deposit and
Net Receivables amp Payables
Mr Raj Mehta manages 3 Schemes of PPFAS Mutual Fund
Past Performance may or may not be sustained in future
The performance details provided herein are of regular plan growth option Regular and Direct Plans have different expense structure
Direct Plan shall have a lower expense ratio excluding distribution expenses commission expenses etc
Period 1 YearSince Inception 3 Years 5 Years
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
January 272016
Nifty 500 (TRI)
May 112018
July 242019
CRISIL Liquid fund index
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Fund Manager Name Mr Raj Mehta
Parag Parikh Long Term Equity Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI) 1682
1682
1682
544
1133
1133
1133
659
2589
2589
2589
431
540
540
540
534
1314
1314
1314
372
372
372
1355
1355
1355
832
832
832
July 242019
Nifty 500 (TRI) 1548
1548
1548
323
323
323
1635
1635
1635
540
540
540
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI)
July 242019
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
Parag Parikh Liquid Fund
Parag Parikh Tax Saver Fund
Mr Raunak Onkar manages 2 Schemes of PPFAS Mutual Fund
Mr Rajeev Thakkar manages 2 Schemes of PPFAS Mutual Fund
Fund Manager Name Mr Raunak Onkar
Fund Manager Name Mr Rajeev Thakkar
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Parag Parikh Tax Saver FundParag Parikh Long Term Equity Fund
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
The investment objective of the Scheme is to seek to
generate long-term capital growth from an actively managed
portfolio primarily of Equity and Equity Related Securities
Scheme shall invest in Indian equities foreign equities and
related instruments and debt securities
This product is suitable for investors who are seeking
Long term capital appreciation
Investment predominantly in equity and equity related securities
Riskometer
Parag Parikh Liquid Fund
LOW HIGH
woL
y
y
l
l
e
e
t
t
a ar ree
d
d
o
o
M
Mderao teM
Hig
h
HighwoL
Investors understand that their principal will be at Low risk
This product is suitable for investors who are seeking
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Income over short term
Investments in Debtmoney market instruments
RiskometerRiskometer
Definitions
Fund Manager
This is the minimum investment amount for a new investor in a mutual fund scheme
Minimum additional amount This is the minimum investment amount for an existing investor in a mutual fund scheme
SIP
NAV
Benchmark
Entry Load
Exit Load
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Portfolio Turnover Ratio
Yield to Maturity (YTM)
Modified Duration
Total Expense ratio
An employee of the asset management company such as a mutual fund or life insurer who manages investment of the scheme
He is usually part of a larger team of fund managers and research analysts
Application amount for fresh subscription
SIP or systematic investment plan work on the principle of making periodic investments of a fixed sum It works similar to a recurring
bank deposit For instance an investor may opt for an SIP that invests 500 every 15 ` th of the month in an equity fund for a period of three years
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses The NAV
is calculated at the end of every business day It is the value at which the investor enters or exits the mutual fund
A group of securities usually a market index whose performance is used as a standard or benchmark to measure investment performance of
mutual funds among other investments Some typical benchmark include the Nifty Sensex BSE 200 BSE 500 10-year Gsec
A mutual fund may have a sales charge or load at the time of entry andor exit to compensate the distributoragent Entry load is charged at the
time an investor purchase the units of a mutual fund The entry load is added to the prevailing NAV at the time of investment For instance if the
100 and the entry load is 1 the investor will enter the fund at Rs 101NAV is `
Exit load is charged at the time of redeeming (or transferring an investment between schemes) The exit load percentage is deducted from the
NAV at the time of redemption (or transfer between schemes) This amount goes to the respective scheme and gets added to the AUM of that Scheme
Standard deviation is a statistical measure of the range of an investmentrsquos performance When a mutual fund Scheme has a high standard deviation its
range of performance is wide implying greater volatility
The Sharpe Ratio named after its founder the Nobel Laureate William Sharpe is a measure of risk-adjusted returns It is calculated using standard
deviation and excess return to determine reward per unit of risk
Beta is a measure of an investments volatility vis-a-vis the market Beta of less than 1 means that the security will be less volatile than the market
A beta of greater than 1 implies that the securitys price will be more volatile than the market
AUM or assets under management refers to the recent updated cumulative market value of investments managed by a mutual fund or any
investment firm
The holding or the portfolio is a mutual funds latest or updated reported statement of investmentssecurities These are usually displayed in term
of percentage to net assets or the rupee value or both The objective is to give investors an idea of where their money is being invested by the
fund manager
The investment objective and underlying investments determine the nature of the mutual fund scheme For instance a mutual fund that aims at
generating capital appreciation by investing in stock markets is an equity fund or growth fund Likewise a mutual fund that aims at capital
preservation by investing in debt markets is a debt fund or income fund Each of these categories may have sub-categories
A measure of how frequently assets within a fund are bought and sold by the managers Portfolio turnover is calculated by taking either the total
amount of new securities purchased or the amount of securities sold - whichever is less - over a particular period divided by the total net asset
value (NAV) of the fund The measurement is usually reported for a 12-month time period
The yield to maturity (YTM) of a bond or other fixed-interest security such as gilts is the (theoretical) internal rate of return (IRR overall interest rate) earned by an investor who buys the bond today at the market price assuming that the bond is held until maturity and that all coupon and principal payments are made on schedule
Modified duration is a formula that expresses the measurable change in the value of a security in response to a change in interest rates Modified duration follows the concept that interest rates and bond prices move in opposite directions
The total expense ratio (TER) is a measure of the total cost of a fund to the investor Total costs may include various fees (purchase redemption auditing) and other expenses The TER calculated by dividing the total annual cost by the fundstotal assets averaged over that year is denoted as a percentage
- Page 1
- Page 2
- Page 3
- Page 4
- Page 5
- Page 6
- Page 7
- Page 8
- Page 9
-
Quantitative IndicatorsBeta069Standard Deviation0115Sharpe Ratio053Portfolio Turnover (excl Equity Arbitrage)01192Portfolio Turnover (incl Equity Arbitrage)18617
Portfolio DisclosureName of the fund Parag Parikh Liquid Fund
Investment Objective
Type of the Scheme
Date of Allotment May 11 2018
Benchmark Index CRISIL Liquid fund index
CRISIL 1 Year T-Bill index
To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments (Non Guaranteed)
An Open-ended Liquid Scheme
Name of theFund Manager
Mr Raj Mehta
Fund Manager since inceptionAlso manages debt component of PPLTEF since Jan 2016 amp PPTSF since inception
Assets Under
Management August 31 2020
(AUM) as on` Crores81707
Average AUM
for the Month`74927 Crores
Weighted Average
Expense Ratio
Regular Plan 025
Direct Plan 015
Including additional expenses and GST on management fees
Additional Benchmark
Minimum
Application
Amount
New Purchase 5000 `
Additional Purchase 1000 `
Monthly SIP 1000 `
NAV Details
Plan
Growth
Daily Dividend
Weekly Dividend
Monthly Dividend
Direct
11329174
10005404
10010000
10030000
Regular
11301769
10005404
10010000
10030000
Dividend History - Monthly Dividend Plan
Record date DirectRetail Retail
`259
`215
`287
`269
`222
`297
`259
`215
`287
`269
`222
`297
Corporate CorporateRegular
29th Jun 2020
27th Jul 2020
31st Aug 2020
Quantitive Indicators
Computed on the invested amount
Average Maturity (Days) 4353
012
311
Modified duration (Years)
Yield to Maturity
Macaulay Duration (Years) 012
Entry Load Not Applicable
For purpose of levying exit load if subscription (application amp funds) is received
within cut-off time on a day Day 1 shall be considered to be the same day else the
day after the date of allotment of units shall be considered as Day 1
Day of redemption switch from the date
of applicable NAV
Day 1 00070
Day 2 00065
Day 3 00060
Day 4 00055
Day 5 00050
Day 6 00045
Day 7 onwards 00000
Exit load as a ofredemption
switch proceeds
Exit Load
Load Structure
a) Debt and Money Market Instruments
Name Rating of Net Assets91 DAY T-BILL 03Sep20 Sovereign 612
91 DAY T-BILL 17 20Sep Sovereign 611
91 DAY T-BILL 01Oct20 Sovereign 610
91 DAY T-BILL 15 20Oct Sovereign 610
91 DAY T-BILL 08 20Oct Sovereign 610
91 DAY T-BILL 22 20Oct Sovereign 609
91 DAY T-BILL 29 20Oct Sovereign 609
91 DAY T-BILL 05Nov20 Sovereign 608
182 DAY T-BILL 19 20Nov Sovereign 608
182 DAY T-BILL 12 20Nov Sovereign 608
91 DAY T-BILL 10Sep20 Sovereign 489
364 DAY T-BILL 24Sep20 Sovereign 366
91 DAY T-BILL 26Nov20 Sovereign 364b) Government Securities
State Government of West Bengal 839 13Oct20 SDL Sovereign 615
State Government of Punjab 699 26 20 SDLOct Sovereign 615
State Government of Punjab 662 23Nov20 SDL Sovereign 493
927d) Fixed Deposits
HDFC Bank Ltd 525 06Nov20 MFD 012
HDFC Bank Ltd 66 07Oct20 MFD 012
HDFC Bank Ltd 45 17Dec20 MFD 012Invested Total 10000
c) TREPS and Other Receivables and Payables
TREPS Including Net ReceivablesPayables and Net Current Asset
Date
Scheme Benchmark Additional Benchmark Value of Investment of Rs 10000-
CRISIL 1 year T-bill Index
Since Inception 544 659 725 11302 11587 11754
269 368 044 10005 10007 10001
292
302
295
362
431
397 179
408 269
412 296
482
534
714
678
10012
10026
10074
10184
10434
10016
10035
10104
10244
10537
10007
10023
10075
10362
10682
PPLF (Regular Plan)
Crisil Liquid Fund Index
PPLF (Regular Plan)
Crisil Liquid Fund Index
CRISIL 1 year T-bill Index
August 24 2020 to 2020 (Last 7 Days) August 31
August 16 2020 to 2020 (Last 15 days) August 31
July 31 2020 to 2020 (Last 1 Month) August 31
May 31 2020 to 2020 (Last 3 Months) August 31
February 28 2020 to 2020 (Last 6 Months) August 31
August 30 2019 to 2020 (Last 1 Year) August 31
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Greater than 1 year returns are CAGR returns
Data presented here is upto the last calendar month
Less than 1 year returns are annualised returns
We have our Skin in the Game
The combined holding of Insiders in Parag Parikh Liquid Fund amounts to
For more details please `1964 of AUM as at August 31 2020 Crores visit the
Schemes section of our website
Lumpsum Investment Performance (Compounded annual returns)
Asset Allocation by Asset Class Asset Allocation by Rating
7314Treasury Bills
1724G Sec
962TREPS Fixed Deposit
Net receivables amp Payables and
Net Current Asset
9038Sovereign
962TREPS Fixed Deposit and
Net Receivables amp Payables
Mr Raj Mehta manages 3 Schemes of PPFAS Mutual Fund
Past Performance may or may not be sustained in future
The performance details provided herein are of regular plan growth option Regular and Direct Plans have different expense structure
Direct Plan shall have a lower expense ratio excluding distribution expenses commission expenses etc
Period 1 YearSince Inception 3 Years 5 Years
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
January 272016
Nifty 500 (TRI)
May 112018
July 242019
CRISIL Liquid fund index
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Fund Manager Name Mr Raj Mehta
Parag Parikh Long Term Equity Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI) 1682
1682
1682
544
1133
1133
1133
659
2589
2589
2589
431
540
540
540
534
1314
1314
1314
372
372
372
1355
1355
1355
832
832
832
July 242019
Nifty 500 (TRI) 1548
1548
1548
323
323
323
1635
1635
1635
540
540
540
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI)
July 242019
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
Parag Parikh Liquid Fund
Parag Parikh Tax Saver Fund
Mr Raunak Onkar manages 2 Schemes of PPFAS Mutual Fund
Mr Rajeev Thakkar manages 2 Schemes of PPFAS Mutual Fund
Fund Manager Name Mr Raunak Onkar
Fund Manager Name Mr Rajeev Thakkar
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Parag Parikh Tax Saver FundParag Parikh Long Term Equity Fund
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
The investment objective of the Scheme is to seek to
generate long-term capital growth from an actively managed
portfolio primarily of Equity and Equity Related Securities
Scheme shall invest in Indian equities foreign equities and
related instruments and debt securities
This product is suitable for investors who are seeking
Long term capital appreciation
Investment predominantly in equity and equity related securities
Riskometer
Parag Parikh Liquid Fund
LOW HIGH
woL
y
y
l
l
e
e
t
t
a ar ree
d
d
o
o
M
Mderao teM
Hig
h
HighwoL
Investors understand that their principal will be at Low risk
This product is suitable for investors who are seeking
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Income over short term
Investments in Debtmoney market instruments
RiskometerRiskometer
Definitions
Fund Manager
This is the minimum investment amount for a new investor in a mutual fund scheme
Minimum additional amount This is the minimum investment amount for an existing investor in a mutual fund scheme
SIP
NAV
Benchmark
Entry Load
Exit Load
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Portfolio Turnover Ratio
Yield to Maturity (YTM)
Modified Duration
Total Expense ratio
An employee of the asset management company such as a mutual fund or life insurer who manages investment of the scheme
He is usually part of a larger team of fund managers and research analysts
Application amount for fresh subscription
SIP or systematic investment plan work on the principle of making periodic investments of a fixed sum It works similar to a recurring
bank deposit For instance an investor may opt for an SIP that invests 500 every 15 ` th of the month in an equity fund for a period of three years
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses The NAV
is calculated at the end of every business day It is the value at which the investor enters or exits the mutual fund
A group of securities usually a market index whose performance is used as a standard or benchmark to measure investment performance of
mutual funds among other investments Some typical benchmark include the Nifty Sensex BSE 200 BSE 500 10-year Gsec
A mutual fund may have a sales charge or load at the time of entry andor exit to compensate the distributoragent Entry load is charged at the
time an investor purchase the units of a mutual fund The entry load is added to the prevailing NAV at the time of investment For instance if the
100 and the entry load is 1 the investor will enter the fund at Rs 101NAV is `
Exit load is charged at the time of redeeming (or transferring an investment between schemes) The exit load percentage is deducted from the
NAV at the time of redemption (or transfer between schemes) This amount goes to the respective scheme and gets added to the AUM of that Scheme
Standard deviation is a statistical measure of the range of an investmentrsquos performance When a mutual fund Scheme has a high standard deviation its
range of performance is wide implying greater volatility
The Sharpe Ratio named after its founder the Nobel Laureate William Sharpe is a measure of risk-adjusted returns It is calculated using standard
deviation and excess return to determine reward per unit of risk
Beta is a measure of an investments volatility vis-a-vis the market Beta of less than 1 means that the security will be less volatile than the market
A beta of greater than 1 implies that the securitys price will be more volatile than the market
AUM or assets under management refers to the recent updated cumulative market value of investments managed by a mutual fund or any
investment firm
The holding or the portfolio is a mutual funds latest or updated reported statement of investmentssecurities These are usually displayed in term
of percentage to net assets or the rupee value or both The objective is to give investors an idea of where their money is being invested by the
fund manager
The investment objective and underlying investments determine the nature of the mutual fund scheme For instance a mutual fund that aims at
generating capital appreciation by investing in stock markets is an equity fund or growth fund Likewise a mutual fund that aims at capital
preservation by investing in debt markets is a debt fund or income fund Each of these categories may have sub-categories
A measure of how frequently assets within a fund are bought and sold by the managers Portfolio turnover is calculated by taking either the total
amount of new securities purchased or the amount of securities sold - whichever is less - over a particular period divided by the total net asset
value (NAV) of the fund The measurement is usually reported for a 12-month time period
The yield to maturity (YTM) of a bond or other fixed-interest security such as gilts is the (theoretical) internal rate of return (IRR overall interest rate) earned by an investor who buys the bond today at the market price assuming that the bond is held until maturity and that all coupon and principal payments are made on schedule
Modified duration is a formula that expresses the measurable change in the value of a security in response to a change in interest rates Modified duration follows the concept that interest rates and bond prices move in opposite directions
The total expense ratio (TER) is a measure of the total cost of a fund to the investor Total costs may include various fees (purchase redemption auditing) and other expenses The TER calculated by dividing the total annual cost by the fundstotal assets averaged over that year is denoted as a percentage
- Page 1
- Page 2
- Page 3
- Page 4
- Page 5
- Page 6
- Page 7
- Page 8
- Page 9
-
Date
Scheme Benchmark Additional Benchmark Value of Investment of Rs 10000-
CRISIL 1 year T-bill Index
Since Inception 544 659 725 11302 11587 11754
269 368 044 10005 10007 10001
292
302
295
362
431
397 179
408 269
412 296
482
534
714
678
10012
10026
10074
10184
10434
10016
10035
10104
10244
10537
10007
10023
10075
10362
10682
PPLF (Regular Plan)
Crisil Liquid Fund Index
PPLF (Regular Plan)
Crisil Liquid Fund Index
CRISIL 1 year T-bill Index
August 24 2020 to 2020 (Last 7 Days) August 31
August 16 2020 to 2020 (Last 15 days) August 31
July 31 2020 to 2020 (Last 1 Month) August 31
May 31 2020 to 2020 (Last 3 Months) August 31
February 28 2020 to 2020 (Last 6 Months) August 31
August 30 2019 to 2020 (Last 1 Year) August 31
Note
Different plans shall have different expense structures
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future
Greater than 1 year returns are CAGR returns
Data presented here is upto the last calendar month
Less than 1 year returns are annualised returns
We have our Skin in the Game
The combined holding of Insiders in Parag Parikh Liquid Fund amounts to
For more details please `1964 of AUM as at August 31 2020 Crores visit the
Schemes section of our website
Lumpsum Investment Performance (Compounded annual returns)
Asset Allocation by Asset Class Asset Allocation by Rating
7314Treasury Bills
1724G Sec
962TREPS Fixed Deposit
Net receivables amp Payables and
Net Current Asset
9038Sovereign
962TREPS Fixed Deposit and
Net Receivables amp Payables
Mr Raj Mehta manages 3 Schemes of PPFAS Mutual Fund
Past Performance may or may not be sustained in future
The performance details provided herein are of regular plan growth option Regular and Direct Plans have different expense structure
Direct Plan shall have a lower expense ratio excluding distribution expenses commission expenses etc
Period 1 YearSince Inception 3 Years 5 Years
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
January 272016
Nifty 500 (TRI)
May 112018
July 242019
CRISIL Liquid fund index
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Fund Manager Name Mr Raj Mehta
Parag Parikh Long Term Equity Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI) 1682
1682
1682
544
1133
1133
1133
659
2589
2589
2589
431
540
540
540
534
1314
1314
1314
372
372
372
1355
1355
1355
832
832
832
July 242019
Nifty 500 (TRI) 1548
1548
1548
323
323
323
1635
1635
1635
540
540
540
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI)
July 242019
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
Parag Parikh Liquid Fund
Parag Parikh Tax Saver Fund
Mr Raunak Onkar manages 2 Schemes of PPFAS Mutual Fund
Mr Rajeev Thakkar manages 2 Schemes of PPFAS Mutual Fund
Fund Manager Name Mr Raunak Onkar
Fund Manager Name Mr Rajeev Thakkar
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Parag Parikh Tax Saver FundParag Parikh Long Term Equity Fund
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
The investment objective of the Scheme is to seek to
generate long-term capital growth from an actively managed
portfolio primarily of Equity and Equity Related Securities
Scheme shall invest in Indian equities foreign equities and
related instruments and debt securities
This product is suitable for investors who are seeking
Long term capital appreciation
Investment predominantly in equity and equity related securities
Riskometer
Parag Parikh Liquid Fund
LOW HIGH
woL
y
y
l
l
e
e
t
t
a ar ree
d
d
o
o
M
Mderao teM
Hig
h
HighwoL
Investors understand that their principal will be at Low risk
This product is suitable for investors who are seeking
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Income over short term
Investments in Debtmoney market instruments
RiskometerRiskometer
Definitions
Fund Manager
This is the minimum investment amount for a new investor in a mutual fund scheme
Minimum additional amount This is the minimum investment amount for an existing investor in a mutual fund scheme
SIP
NAV
Benchmark
Entry Load
Exit Load
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Portfolio Turnover Ratio
Yield to Maturity (YTM)
Modified Duration
Total Expense ratio
An employee of the asset management company such as a mutual fund or life insurer who manages investment of the scheme
He is usually part of a larger team of fund managers and research analysts
Application amount for fresh subscription
SIP or systematic investment plan work on the principle of making periodic investments of a fixed sum It works similar to a recurring
bank deposit For instance an investor may opt for an SIP that invests 500 every 15 ` th of the month in an equity fund for a period of three years
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses The NAV
is calculated at the end of every business day It is the value at which the investor enters or exits the mutual fund
A group of securities usually a market index whose performance is used as a standard or benchmark to measure investment performance of
mutual funds among other investments Some typical benchmark include the Nifty Sensex BSE 200 BSE 500 10-year Gsec
A mutual fund may have a sales charge or load at the time of entry andor exit to compensate the distributoragent Entry load is charged at the
time an investor purchase the units of a mutual fund The entry load is added to the prevailing NAV at the time of investment For instance if the
100 and the entry load is 1 the investor will enter the fund at Rs 101NAV is `
Exit load is charged at the time of redeeming (or transferring an investment between schemes) The exit load percentage is deducted from the
NAV at the time of redemption (or transfer between schemes) This amount goes to the respective scheme and gets added to the AUM of that Scheme
Standard deviation is a statistical measure of the range of an investmentrsquos performance When a mutual fund Scheme has a high standard deviation its
range of performance is wide implying greater volatility
The Sharpe Ratio named after its founder the Nobel Laureate William Sharpe is a measure of risk-adjusted returns It is calculated using standard
deviation and excess return to determine reward per unit of risk
Beta is a measure of an investments volatility vis-a-vis the market Beta of less than 1 means that the security will be less volatile than the market
A beta of greater than 1 implies that the securitys price will be more volatile than the market
AUM or assets under management refers to the recent updated cumulative market value of investments managed by a mutual fund or any
investment firm
The holding or the portfolio is a mutual funds latest or updated reported statement of investmentssecurities These are usually displayed in term
of percentage to net assets or the rupee value or both The objective is to give investors an idea of where their money is being invested by the
fund manager
The investment objective and underlying investments determine the nature of the mutual fund scheme For instance a mutual fund that aims at
generating capital appreciation by investing in stock markets is an equity fund or growth fund Likewise a mutual fund that aims at capital
preservation by investing in debt markets is a debt fund or income fund Each of these categories may have sub-categories
A measure of how frequently assets within a fund are bought and sold by the managers Portfolio turnover is calculated by taking either the total
amount of new securities purchased or the amount of securities sold - whichever is less - over a particular period divided by the total net asset
value (NAV) of the fund The measurement is usually reported for a 12-month time period
The yield to maturity (YTM) of a bond or other fixed-interest security such as gilts is the (theoretical) internal rate of return (IRR overall interest rate) earned by an investor who buys the bond today at the market price assuming that the bond is held until maturity and that all coupon and principal payments are made on schedule
Modified duration is a formula that expresses the measurable change in the value of a security in response to a change in interest rates Modified duration follows the concept that interest rates and bond prices move in opposite directions
The total expense ratio (TER) is a measure of the total cost of a fund to the investor Total costs may include various fees (purchase redemption auditing) and other expenses The TER calculated by dividing the total annual cost by the fundstotal assets averaged over that year is denoted as a percentage
- Page 1
- Page 2
- Page 3
- Page 4
- Page 5
- Page 6
- Page 7
- Page 8
- Page 9
-
Mr Raj Mehta manages 3 Schemes of PPFAS Mutual Fund
Past Performance may or may not be sustained in future
The performance details provided herein are of regular plan growth option Regular and Direct Plans have different expense structure
Direct Plan shall have a lower expense ratio excluding distribution expenses commission expenses etc
Period 1 YearSince Inception 3 Years 5 Years
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
January 272016
Nifty 500 (TRI)
May 112018
July 242019
CRISIL Liquid fund index
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Fund Manager Name Mr Raj Mehta
Parag Parikh Long Term Equity Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI) 1682
1682
1682
544
1133
1133
1133
659
2589
2589
2589
431
540
540
540
534
1314
1314
1314
372
372
372
1355
1355
1355
832
832
832
July 242019
Nifty 500 (TRI) 1548
1548
1548
323
323
323
1635
1635
1635
540
540
540
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
1 YearSince Inception 3 Years 5 YearsPeriod
Managing Since
Benchmark Index
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
Benchmark Return ()
May 242013
Nifty 500 (TRI)
July 242019
Nifty 500 (TRI)
Scheme Return ()
Scheme Return ()
Scheme Return ()
Scheme Return ()
Parag Parikh Long Term Equity Fund
Parag Parikh Tax Saver Fund
Parag Parikh Liquid Fund
Parag Parikh Tax Saver Fund
Mr Raunak Onkar manages 2 Schemes of PPFAS Mutual Fund
Mr Rajeev Thakkar manages 2 Schemes of PPFAS Mutual Fund
Fund Manager Name Mr Raunak Onkar
Fund Manager Name Mr Rajeev Thakkar
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Parag Parikh Tax Saver FundParag Parikh Long Term Equity Fund
LOW HIGH
woL
yletaredoM
oderateM
Hig
h
HighwoL
Investors understand that their principal will be at moderately high risk
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
The investment objective of the Scheme is to seek to
generate long-term capital growth from an actively managed
portfolio primarily of Equity and Equity Related Securities
Scheme shall invest in Indian equities foreign equities and
related instruments and debt securities
This product is suitable for investors who are seeking
Long term capital appreciation
Investment predominantly in equity and equity related securities
Riskometer
Parag Parikh Liquid Fund
LOW HIGH
woL
y
y
l
l
e
e
t
t
a ar ree
d
d
o
o
M
Mderao teM
Hig
h
HighwoL
Investors understand that their principal will be at Low risk
This product is suitable for investors who are seeking
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them
Income over short term
Investments in Debtmoney market instruments
RiskometerRiskometer
Definitions
Fund Manager
This is the minimum investment amount for a new investor in a mutual fund scheme
Minimum additional amount This is the minimum investment amount for an existing investor in a mutual fund scheme
SIP
NAV
Benchmark
Entry Load
Exit Load
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Portfolio Turnover Ratio
Yield to Maturity (YTM)
Modified Duration
Total Expense ratio
An employee of the asset management company such as a mutual fund or life insurer who manages investment of the scheme
He is usually part of a larger team of fund managers and research analysts
Application amount for fresh subscription
SIP or systematic investment plan work on the principle of making periodic investments of a fixed sum It works similar to a recurring
bank deposit For instance an investor may opt for an SIP that invests 500 every 15 ` th of the month in an equity fund for a period of three years
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses The NAV
is calculated at the end of every business day It is the value at which the investor enters or exits the mutual fund
A group of securities usually a market index whose performance is used as a standard or benchmark to measure investment performance of
mutual funds among other investments Some typical benchmark include the Nifty Sensex BSE 200 BSE 500 10-year Gsec
A mutual fund may have a sales charge or load at the time of entry andor exit to compensate the distributoragent Entry load is charged at the
time an investor purchase the units of a mutual fund The entry load is added to the prevailing NAV at the time of investment For instance if the
100 and the entry load is 1 the investor will enter the fund at Rs 101NAV is `
Exit load is charged at the time of redeeming (or transferring an investment between schemes) The exit load percentage is deducted from the
NAV at the time of redemption (or transfer between schemes) This amount goes to the respective scheme and gets added to the AUM of that Scheme
Standard deviation is a statistical measure of the range of an investmentrsquos performance When a mutual fund Scheme has a high standard deviation its
range of performance is wide implying greater volatility
The Sharpe Ratio named after its founder the Nobel Laureate William Sharpe is a measure of risk-adjusted returns It is calculated using standard
deviation and excess return to determine reward per unit of risk
Beta is a measure of an investments volatility vis-a-vis the market Beta of less than 1 means that the security will be less volatile than the market
A beta of greater than 1 implies that the securitys price will be more volatile than the market
AUM or assets under management refers to the recent updated cumulative market value of investments managed by a mutual fund or any
investment firm
The holding or the portfolio is a mutual funds latest or updated reported statement of investmentssecurities These are usually displayed in term
of percentage to net assets or the rupee value or both The objective is to give investors an idea of where their money is being invested by the
fund manager
The investment objective and underlying investments determine the nature of the mutual fund scheme For instance a mutual fund that aims at
generating capital appreciation by investing in stock markets is an equity fund or growth fund Likewise a mutual fund that aims at capital
preservation by investing in debt markets is a debt fund or income fund Each of these categories may have sub-categories
A measure of how frequently assets within a fund are bought and sold by the managers Portfolio turnover is calculated by taking either the total
amount of new securities purchased or the amount of securities sold - whichever is less - over a particular period divided by the total net asset
value (NAV) of the fund The measurement is usually reported for a 12-month time period
The yield to maturity (YTM) of a bond or other fixed-interest security such as gilts is the (theoretical) internal rate of return (IRR overall interest rate) earned by an investor who buys the bond today at the market price assuming that the bond is held until maturity and that all coupon and principal payments are made on schedule
Modified duration is a formula that expresses the measurable change in the value of a security in response to a change in interest rates Modified duration follows the concept that interest rates and bond prices move in opposite directions
The total expense ratio (TER) is a measure of the total cost of a fund to the investor Total costs may include various fees (purchase redemption auditing) and other expenses The TER calculated by dividing the total annual cost by the fundstotal assets averaged over that year is denoted as a percentage
- Page 1
- Page 2
- Page 3
- Page 4
- Page 5
- Page 6
- Page 7
- Page 8
- Page 9
-
Definitions
Fund Manager
This is the minimum investment amount for a new investor in a mutual fund scheme
Minimum additional amount This is the minimum investment amount for an existing investor in a mutual fund scheme
SIP
NAV
Benchmark
Entry Load
Exit Load
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Portfolio Turnover Ratio
Yield to Maturity (YTM)
Modified Duration
Total Expense ratio
An employee of the asset management company such as a mutual fund or life insurer who manages investment of the scheme
He is usually part of a larger team of fund managers and research analysts
Application amount for fresh subscription
SIP or systematic investment plan work on the principle of making periodic investments of a fixed sum It works similar to a recurring
bank deposit For instance an investor may opt for an SIP that invests 500 every 15 ` th of the month in an equity fund for a period of three years
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses The NAV
is calculated at the end of every business day It is the value at which the investor enters or exits the mutual fund
A group of securities usually a market index whose performance is used as a standard or benchmark to measure investment performance of
mutual funds among other investments Some typical benchmark include the Nifty Sensex BSE 200 BSE 500 10-year Gsec
A mutual fund may have a sales charge or load at the time of entry andor exit to compensate the distributoragent Entry load is charged at the
time an investor purchase the units of a mutual fund The entry load is added to the prevailing NAV at the time of investment For instance if the
100 and the entry load is 1 the investor will enter the fund at Rs 101NAV is `
Exit load is charged at the time of redeeming (or transferring an investment between schemes) The exit load percentage is deducted from the
NAV at the time of redemption (or transfer between schemes) This amount goes to the respective scheme and gets added to the AUM of that Scheme
Standard deviation is a statistical measure of the range of an investmentrsquos performance When a mutual fund Scheme has a high standard deviation its
range of performance is wide implying greater volatility
The Sharpe Ratio named after its founder the Nobel Laureate William Sharpe is a measure of risk-adjusted returns It is calculated using standard
deviation and excess return to determine reward per unit of risk
Beta is a measure of an investments volatility vis-a-vis the market Beta of less than 1 means that the security will be less volatile than the market
A beta of greater than 1 implies that the securitys price will be more volatile than the market
AUM or assets under management refers to the recent updated cumulative market value of investments managed by a mutual fund or any
investment firm
The holding or the portfolio is a mutual funds latest or updated reported statement of investmentssecurities These are usually displayed in term
of percentage to net assets or the rupee value or both The objective is to give investors an idea of where their money is being invested by the
fund manager
The investment objective and underlying investments determine the nature of the mutual fund scheme For instance a mutual fund that aims at
generating capital appreciation by investing in stock markets is an equity fund or growth fund Likewise a mutual fund that aims at capital
preservation by investing in debt markets is a debt fund or income fund Each of these categories may have sub-categories
A measure of how frequently assets within a fund are bought and sold by the managers Portfolio turnover is calculated by taking either the total
amount of new securities purchased or the amount of securities sold - whichever is less - over a particular period divided by the total net asset
value (NAV) of the fund The measurement is usually reported for a 12-month time period
The yield to maturity (YTM) of a bond or other fixed-interest security such as gilts is the (theoretical) internal rate of return (IRR overall interest rate) earned by an investor who buys the bond today at the market price assuming that the bond is held until maturity and that all coupon and principal payments are made on schedule
Modified duration is a formula that expresses the measurable change in the value of a security in response to a change in interest rates Modified duration follows the concept that interest rates and bond prices move in opposite directions
The total expense ratio (TER) is a measure of the total cost of a fund to the investor Total costs may include various fees (purchase redemption auditing) and other expenses The TER calculated by dividing the total annual cost by the fundstotal assets averaged over that year is denoted as a percentage
- Page 1
- Page 2
- Page 3
- Page 4
- Page 5
- Page 6
- Page 7
- Page 8
- Page 9
-
