Parag Parikh long term equity fund Review

As name suggests that this Mutual Fund scheme aims to achieve long-term capital gain by investing primarily in equity and equity related instruments. The scheme 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. The scheme has been doing well in the last many years, especially in the last one year. Scheme’s foreign allocation provides portfolio hedging but there is the currency risk also involved with the US Markets. If your investment goal is long term with high-risk than you can invest in the fund.

Investment Strategy

They invest in both indian and foreign stocks. It gives exposure to some biggest companies like Facebook, Google, etc. The fund holds 65.43 % domestic equity and 29.30% foreign equity holdings.

Launched on13 May 2013
AUM5757.28 cr
Exit Load2%
Expense Ratio1.0%
Min Investment1000
Fund ManagerRajeev Thakkar
CompanyAllocation
Alphabet Inc8.54%
ITC Ltd.7.98%
Amazon.com Inc6.28%
Bajaj Holdings & Investment Ltd.6.13%
Persistent System Ltd6.13%
Microsoft Corporation5.58%
Indian Energy Exchange Ltd.5.13%
Hero Motocorp Ltd.5.11%
Mphasis4.47%
Facebook4.41%

To know more visit amc.ppfas

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