PPFAS Mutual Fund

About PPFAS Mutual Fund

PPFAS was established in 2013 by Parag Parikh, a veteran stock market investor. As of March 2023, the company has quarterly Assets Under Management (AUM) of ₹31,331.58 Crores. PPFAS Mutual Fund offers several schemes across equity, debt, tax-saving and hybrid categories. 

 

A few top-performing funds include Parag Parikh Flexi Cap Fund, Parag Parikh Tax Saver Fund and Parag Parikh Liquid Fund.

Incorporated	10 Oct. 2012
Mdceo	Neil Parag Parikh
Trustee	PPFAS Trustee Company Pvt.Ltd.
Cio	Rajeev Thakkar

How to Invest in PPFAS Mutual Fund?

Investing in Mutual Funds on Bajaj Markets includes a hassle-free, end-to-end online procedure with no tedious form filling or branch visitations. You can follow the steps given below on the Bajaj Markets website and the app as well. 

 

• Step 1: Log in using your mobile phone number

• Step 2: Under ‘Investments’, choose ‘Mutual Funds’

• Step 3: Fill in basic information such as your bank account number, PAN Card number, etc. 

• Step 4: Start your investment journey with Bajaj Markets once your account has been activated

   

You can invest through various payment methods like UPI, net banking, real-time gross settlement (RTGS), and national electronic funds transfer (NEFT). 

Documents Required to Invest in PPFAS Mutual Fund:

Here are the documents required in order to invest in a mutual funds scheme through Bajaj Markets.

 

• PAN Card

• Voter ID

• Driving Licence

• Passport

Top Fund Managers

The organisation has a team of competent and certified fund managers responsible for managing its investment plans and ensuring consistent returns.

1. Rajeev Thakkar

He is currently the Chief Investment Officer & Director, a seasoned financial services professional who joined PPFAS in 2001. His career in the financial services industry started in 1994. Rajeev also served as a Fund Manager for Portfolio Management Services and held the position of Chief Executive Officer until 2012 before he became the Chief Investment Officer at PPFAS. 

 

He has a Bachelor's degree in Commerce from Bombay University, a Chartered Accountant degree, is CFA certified, and a Grad ICWA certification. He currently manages the top-rated fund, Parag Parikh Flexi fund, with an AUM of ₹32,000 Crores, and the Parag Parikh Conservative Hybrid Fund.

2. Raunak Onkar

Raunak Onkar is a financial professional with over 10 years of experience in the capital market. After completing his internship, he began his career in 2009 with Parag Parikh Financial Advisory Service Limited. He joined PPFAS as a research analyst and was later appointed Head of Research in 2011. 

 

Currently, he serves as the company's Research Head & Fund Manager. He holds a BSc in IT and an MMS in Finance from Bombay University. With his experience, he oversees an AUM worth ₹2,300 Crores and manages the Parag Parikh Flexi Cap Fund, Parag Parikh Conservative Hybrid Fund, and Parag Parikh Tax Saver Fund.

3. Raj Mehta

He is a skilled financial professional who began his career as an intern with PPFAS Mutual Fund in 2012. He holds a degree in Commerce from the University of Mumbai's N.M. College. He is also a Fellow Member of the Institute of Chartered Accountants of India (ICAI) and is CFA certified. 

 

Additionally, he has earned a certificate for the 'NSE Debt Market Module' jointly issued by FIMMDA and NCFM. He regularly participates on various TV channels and is a columnist in select financial publications. With an AUM of ₹33,700 Crores, he manages the Parag Parikh Flexi Cap Fund, Parag Parikh Conservative Hybrid Fund, and the Parag Parikh Tax Saver Fund.

4. Rukun Tarachandani

Rukun forms an integral part of the Fund Management team at PPFAS Mutual Fund. With over 9 years of experience in equity markets, he started his career in 2013 as an Equity Research analyst with Goldman Sachs Global Investment Research. 

 

He manages the Parag Parikh Flexi Cap Fund, Parag Parikh Conservative Hybrid Fund, and the Parag Parikh Tax Saver Fund with an AUM of ₹32,200 Crores. Before joining PPFAS, he worked as an Equity Research Analyst and handled the Kotak Equity Arbitrage fund between May 2019 and December 2019. 

 

He has an MBA in Finance from Management Development Institute Gurgaon and a B. Tech in Information Technology from Nirma University. In addition, he is a CFA Charterholder and CQF (Certificate in Quantitative Finance) certificate holder.

Email	mf@ppfas.com
Phone	91 22 6140 6555
Address	81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230 Nariman Point