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Parag Parikh Long Term Equity Fund earns more fans in a tough year


Parag Parikh Long Term Equity Fund earns more fans in a tough year
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Synopsis
The fund was launched on 28-May-2013 and has delivered 18.59% returns since inception. The fund is likely to move to the flexi-cap category after Sebi tweaked the mandate for multi cap funds recently.
Agencies
Mutual fund investors cannot have enough of Parag Parikh Long Term Equity Fund. The flexi cap scheme (erstwhile multi cap scheme) that has build a solid reputation since its launch seven years ago, has earned more fans with its stellar performance in 2020, a challenging year for every fund house. Investors and advisors cannot stop raving about the straight-taking fund house, its disciplined approach to investing, transparency in communication.. Last but not least, the solid downside protection the scheme offers. The fund has outperformed its benchmark and category average in the last one, three, five and seven years. ....

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