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PPFAS Mutual Fund to launch conservative hybrid fund By IANS | 3 Views
SEBI may issue norms for minimum holding in liquid assets for MFs. Image Source: IANS News Chennai, May 5 : PPFAS Mutual Fund on Wednesday said it will launch Parag Parikh Conservative Hybrid Fund. The scheme which opens on May 7 and closes May 21 aims to generate regular income through investments predominantly in debt and money market instruments. The minimum investment shall be Rs 5,000 and in multiples of Re 1 thereafter. The scheme will reopen on 28 May 2021. According to PPFAS, the proposed scheme also seeks to generate income and capital appreciation by investing a certain portion in equity, equity-related instruments, and Real Estate Investment Trusts / Infrastructure Investment Trusts (REITs/InvITs). ....
Synopsis Parag Parikh Long Term Equity Fund has been recategorized as a flexi cap fund and the new name of the scheme is Parag Parikh Flexi Cap Fund. iStock Parag Parikh Long Term Equity Fund has been recategorized as a flexi cap fund and the new name of the scheme is Parag Parikh Flexi Cap Fund. The scheme, as the new name suggests, would be a flexi cap fund that has the freedom to invest across large cap, mid cap, and small cap stocks. Complying with the Regulation and after all the necessary approvals the required changes will be effective in our flagship scheme. However, there is no change in our portfolio, investment process. We will continue to manage the money the way we have been managing. A flexicap strategy will allow the fund manager to invest wherever value and opportunities are available without restrictions, said Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund. ....
Parikh Long Term Equity Fund is now Parag Parikh Flexi Cap Fund prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.