PPFAS Mutual Fund Launches Parag Parikh Large Cap Fund: NFO Closes Jan 30
Personal Finance
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CNBC TV18•21-01-2026, 06:57
PPFAS Mutual Fund Launches Parag Parikh Large Cap Fund: NFO Closes Jan 30
- •PPFAS Mutual Fund introduces its seventh scheme, the Parag Parikh Large Cap Fund, an open-ended equity scheme focusing on large-cap stocks.
- •The New Fund Offer (NFO) for the scheme will conclude on January 30, with continuous sale and repurchase reopening on February 6.
- •The fund aims to provide cost-efficient, broad-based exposure to large-cap equities, using the Nifty 100 Total Return Index (TRI) as its benchmark.
- •It emphasizes managing trading and market impact costs, maintaining a low active share, and offers a minimum investment of ₹1,000 with no entry or exit load.
- •Managed by a team including Rajeev Thakkar and Rukun Tarachandani, the fund will employ strategies like using index futures and merger arbitrage to achieve cost-efficient exposure.
Why It Matters: PPFAS Mutual Fund launches a new large-cap equity fund offering cost-efficient, benchmark-aligned exposure.
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