PPFAS Launches Parag Parikh Large Cap Fund with No Exit Load, Long-Term Lens

Parag Parikh Large Cap Fund Debuts with Focus on Quality and Patience  
In a strategic expansion of its equity offerings, PPFAS Mutual Fund has launched the Parag Parikh Large Cap Fund (PPLCF), its first new equity scheme in over a decade. The fund is designed to deliver long-term capital appreciation by investing predominantly in large-cap companies, while retaining flexibility to include select mid-cap, debt, and overseas exposures.

The scheme carries no exit load, reinforcing its appeal to long-term investors. It is benchmarked against the Nifty 100 Total Return Index (TRI) and will follow a bottom-up stock selection approach. PPFAS CEO Neil Parikh emphasized that the new fund complements the firm’s flagship Flexi Cap Fund without diluting its core investment philosophy.

Major takeaways  

• New open-ended equity scheme focused on large-cap investing  
• No exit load, encouraging long-term participation  
• Benchmarked to Nifty 100 TRI for performance alignment  
• Selective exposure to mid-cap, debt, and global assets  
• Marks PPFAS’s first new equity fund in over a decade  

Sources: Business Today, Moneycontrol, Financial Express, PPFAS Mutual Fund Scheme Information Document (SID) via NSE Circular