No restrictions or preference kept for market capitalisation.InsidersвЂ™ holding makes up approximately 12.39 % of the AUM.Use derivatives to hedge market and currency risks.Invests part of their portfolio in US & European equities that brings sufficient diversification and reduces the risk.Whereby, investment process considers factors like management quality, industry/sector characteristics, financial leverage and risk, intangible assets, competitive advantage, pricing power and above all attractive valuations. They strictly follow the philosophy of buying the business with intrinsic strengths and long term potential, and remain invested for years till expected growth is realized, undeterred by interim market fluctuations. This fund is a true value fund by DNA, however, evolved with advanced economical factors. Their website also boldly pronounces unqualified behavioural traits of investors, uninviting them or settling their expectations to rational levels. The primary focus of the marketing division is to educate investors about investment philosophy they hinge on, and how stringently they stick to it. As thought of, the mutual fund in question was different in many aspects, essentially evident from their marketing strategy as they do not have a sales team. Returning from the event, on the following weekend, I set to explore the distinctive feature of Parag Parikh Long Term Value mutual fund, whose investment approach was promulgated by Mr Thakkar. Mr Rajeev Thakkar (CIO of PPFAS Mutual Fund), whom I found as the simplest and most humble man of this enchanting world of investments, presented a counter intuitive view, challenging the sustainability of so called MOAT, for a longer duration, in a new world of disruptions caused by start-ups. Presentation of a speaker, however, was a little different from others, which ignited my curiosity to know more about their business. All of them were providing their understanding of the concepts on value stock picking strategies вЂ“ Moat, Longevity, P/E, buy a business not stock, and other principles followed by Berkshire Hathaway. Q: Who manages the Parag Parikh Flexi Cap Fund - Direct Plan?ДЄ: The Parag Parikh Flexi Cap Fund - Direct Plan is managed by Raj Mehta (Since Jan 27, 2016), Raunak Onkar (Since May 13, 2013) and Rajeev Thakkar (Since May 13, 2013).Last week, when I attended an event in Delhi on Value investing I got to hear of a few prominent experts from the industry. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable. Q: How Long should I Invest in Parag Parikh Flexi Cap Fund - Direct Plan?ДЄ: The suggested investment horizon of investing into Parag Parikh Flexi Cap Fund - Direct Plan is >3 years. Q: What is the category of Parag Parikh Flexi Cap Fund - Direct Plan?ДЄ: Parag Parikh Flexi Cap Fund - Direct Plan belongs to the Equity: Flexi Cap category of funds. Q: Is it safe to invest in Parag Parikh Flexi Cap Fund - Direct Plan?ДЄ: As per SEBIвЂ™s latest guidelines to calculate risk grades, investment in the Parag Parikh Flexi Cap Fund - Direct Plan comes under Very High risk category. Also, for dividend income in excess of Rs 5,000 in a financial year the fund house shall deduct a TDS of 10% on such income. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.ДҐ. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).Д¤. 1 lakh accruing from those units in a financial year shall be exempted from tax.ДЈ. For units redeemed after 1 year of investment, gains of upto Rs. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.Дў. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 83.06% in giant & large cap companies, 13.07% in mid cap and 3.87% in small cap companies.ДЎ. While the top 10 equity holdings constitute around 64.71% of the assets, the top 3 sectors constitute around 64.38% of the assets.ДЈ. The asset allocation of the fund comprises around 94.33% in equities, 0.43% in debts and 5.24% in cash & cash equivalents.Дў. It is benchmarked against NIFTY 500 Total Return Index.ДЎ. The investment objective of the fund is that ' The scheme aims to achieve long-term capital appreciation by investing primarily in equity and equity related instruments. Parag Parikh Flexi Cap Fund - Direct Plan is Open-ended Flexi Cap Equity scheme which belongs to PPFAS Mutual Fund House.Дў.

Parag parikh long term