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Parag Parikh Mutual Fund

Parag Parikh Mutual Fund

PPFAS Asset Management (PPFAS AMC) was established in 2012 by Parag Parikh Financial Advisory Services Pvt. Ltd., a boutique advisory firm with a legacy dating back to 1992. Renowned as one of India's earliest SEBI-registered Portfolio Management Service providers, PPFAS AMC is committed to helping clients achieve their long-term financial goals through prudent fund management.

Guided by the principle of the Law of the Farm, PPFAS AMC emphasizes the importance of patience in investing, resulting in relatively long holding periods. The firm values simplicity in its investment process, focusing on a single equity scheme to streamline client choices and enhance clarity.

With no dedicated sales team, PPFAS AMC fosters long-term relationships through a small team of Relationship Managers who are always available to address client queries. Their investment strategy relies on fundamental factors, such as low debt and cash flow, avoiding modern techniques like algorithms and technical analysis.

As of March 2024, PPFAS AMC manages INR 64,295.79 crores across more than six schemes. The company prioritizes aligning the interests of its clients with those of its employees, with team members actively investing their own funds in the company's equity fund.

Step by Step Guide to invest in

Parag Parikh Mutual Fund

How to Invest in Parag Parikh Mutual Funds online with Miles Wealth?

Investing in Parag Parikh Mutual Funds through Miles Wealth is a simple, quick, and secure process, designed to give you full control over your investment decisions. Whether you prefer to explore curated fund recommendations tailored to your risk profile and financial goals, or select funds from a wide range of options, the process is straightforward.

Here's a step-by-step guide to get started:

Step 1: Download the Miles Wealth App

Start by downloading the Miles Wealth app. If you're an existing user, simply log in. New users can complete a quick and seamless registration process to create their account.

Step 2: Complete Your KYC

KYC (Know Your Customer) is a one-time, mandatory requirement to start investing. It is a fast, easy and online process that typically takes around 5 minutes. Keep your PAN card, Aadhaar card, bank account details, and Digilocker credentials handy to ensure smooth completion.

Step 3: Set Up Nominee Information

Add nominee details and allocate percentages. If you are assigning just one nominee, allocate 100%. If there are multiple nominees, distribute the percentage allocation accordingly.

Step 4: Browse or Search for Mutual Funds

You can either search for a specific mutual fund or explore our personalized collections, which are curated based on your risk tolerance and financial objectives. If you prefer, you can modify the recommendations and invest in any fund or AMC of your choice.

Step 5: Choose Investment Type (SIP or One-Time)

Decide whether to invest through a Systematic Investment Plan (SIP) or as a one-time investment. Enter your desired investment amount. For SIPs, choose the date for monthly debits from your bank account. To make the process even easier, we recommend setting up an e-mandate for automatic monthly investments.

Step 6: Review and Confirm Your Investment

Before finalizing, review your investment details, then confirm the order and make the payment. That's it! You have successfully invested.

Step 7: Track Your Portfolio

Once your investment is confirmed, it will reflect in your Miles Wealth account within 3-4 working days. You can track the performance of your portfolio and manage your investments directly from the app.

Need Assistance?

If you encounter any issues or have questions, our support team is ready to help. Simply drop us an email at support@mileswealth.in, and we'll get back to you promptly.

Why Choose Miles Wealth?
- Personalised Investing: We suggest funds that match your financial goals and risk level, making investing easy and personal.
- No Expertise Needed: You don't need prior knowledge - our platform simplifies everything for you.
- No More Guesswork: Stop relying on social media or friends' advice. Miles Wealth gives you clear, data-driven recommendations you can trust. We are AMFI licensed.
- Wealth Creation: Our goal is simple - help you build lasting wealth with smart, personalized investments.
- Regular Funds: We are AMFI Registered Mutual Fund Distributor, and we offer regular funds that align with your risk tolerance to help you achieve the best possible portfolio returns.

P.S. We earn only 0.5%-0.75% annually on the AUM we manage - so it's not expensive.

Your journey to wealth creation is just a few clicks away. Start investing with confidence today!

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Best Fund Managers at

Parag Parikh Mutual Fund

Fund Manager

Mansi Kariya
Raj Mehta
Rajeev Thakkar
Raunak Onkar
Rukun Tarachandani

Years with AMC

0.8
8.7
11.4
5.3
2.4

Too many options leads to confusion. 

Avoid confusion, Try Miles Wealth!

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