PPFAS Mutual Fund Breaks 12-Year Tradition With New Large

PPFAS Mutual Fund Breaks 12-Year Tradition With New Large Cap Fund Filing (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

PPFAS Mutual Fund, a fund house long celebrated for its disciplined investment strategy centered around a single flagship equity scheme, has formally filed its 66-page scheme information document with SEBI for the launch of a new open-ended large-cap equity fund.

This garnered questions from investors around the fundamental shift in its established "one-equity-fund" philosophy. The proposed scheme, the Parag Parikh Large Cap Fund, will be benchmarked to the Nifty 100 Total Return Index and marks the fund house’s first new core equity offering in over a decade, excluding its ELSS product.

The curiosity and criticism from the invest