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  • PPFAS Mutual Fund to hold 6th AGM for its unitholders ~Fund house to reveal its expansion plan in the other cities

    Published on November 27, 2019

    by Sachin Murdeshwar

    PPFAS Mutual Fund to organise the sixth Annual General Meetings (AGM), later this year. The meetings will begin in Bengaluru on 30th November 2019, followed by Mumbai on 7th December 2019. At these events, along with the company-specific announcements, Managementputs itself up for the scrutiny of unitholders and discusses the portfolio in detail. The Mumbai meeting will be live cast for unitholders/partners or anyone interested as the link will be made freely available. The physical presence at these events, though are open only to unitholders, distributors and selected invitees.

    Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund said“In the past, we had seen an overwhelming response by our investors and partners. It’s not only an opportunity for our investors and partners, but also, we get to learn a lot through feedback at these events. We have always believed that investors and partners have all the rights 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.

    Mr Parikh continued, “The last year has been good for the fund house, we opened our first branch in New Delhi in August 2019. This year again we have many plans which I would like to discuss at the event.

    PPFAS Mutual Fund offers only three schemes. The flagship scheme Parag Parikh Long Term Equity Fund invests in both the Indian and overseas market. The fund house launched a liquid fund last year and added Parag Parikh Tax Saver Fund, an ELSS with Statutory 3-year lock-in to the product’s basket.