PPFAS Mutual Fund to hold virtual 7th AGM on 24th October management to focus on Fund's Schemes and the road ahead

Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund

India, 23 October 2020 (TGN): PPFAS Mutual Fund will be conducting its 7th Unitholders' Meet on Saturday, 24th October 2020, at 4:00 PM. As public gatherings are prohibited owing to the onset of the coronavirus pandemic, it will be conducted online via Zoom and live-streamed on YouTube.

 

While usually, only Unitholders and our Distribution Partners are eligible to attend, the Meet will be open to all this year, and they can watch it live here.

 

Over the years, the Meet has served as a Forum for the management to freely answer questions about the Fund's Schemes and the road ahead.

 

Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund said "Due to the current environment, we will not be able to have physical meetings with our unitholders and partners this year. However, we will have one big online meeting on 24th October. I have no doubt that the event will be as engaging and helpful as the previous editions. The purpose of this meeting is to put ourselves up for the scrutiny of our unitholders. We have always believed that investors and partners have the right to know everything about the schemes, the management and other issues related to their investment, and this is a platform where we can freely and transparently interact. At the same time, we get to understand what is on our investors' minds through their feedback and queries at the event. It allows two-way communication which I hope will help build trust and forge a community of like-minded investors."

Since its inception, PPFAS Mutual Fund offers only three schemes. The flagship scheme Parag Parikh Long Term Equity Fund invests in both the Indian and overseas market. Parag Parikh Liquid Fund enables our investors to transact and invest in equity scheme through STP (Systematic Transfer Plan) route". Last year, the fund house added Parag Parikh Tax Saver Fund, an ELSS with Statutory 3-year lock-in to the product's basket. ENDS

 

About PPFAS Mutual Fund:

PPFAS Mutual Fund (PPFAS MF) sponsored by Parag Parikh Financial Advisory Services Ltd. (PPFAS Ltd.), a boutique investment advisory firm incorporated in 1992. The Sponsor was among India's earliest SEBI Registered Portfolio Management Service (PMS) providers, having secured a license in 1996. PPFAS Asset Management Private Limited (Investment Manager to PPFAS Mutual Fund) is led by Mr. Neil Parag Parikh, the Chairman and CEO, since May 2015. Before that, it was led by the Founder, (Late) Mr. Parag S. Parikh.