Parag Parikh Financial Advisory Services (PPFAS) saw much social media discussion around the asset manager's plan to file papers with the regulator for a fresh Large Cap fund offering. Speaking at the 2025 Unitholders Meeting, the management clarified that the proposed product is designed to be a low-cost, broadly diversified offering for investors seeking index-like returns with selective active advantages.

Addressing concerns about the need for a new fund, which moves away from PPFAS' philosophy to avoid proliferating products, CEO Neil Parikh reiterated that the firm continues to stand by its philosophy.

“We have maintained that we will launch a fund only when there is a general investor need that we can meet and where we can bring in some differentiation. The Large Cap fund is a step

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