PPFAS Mutual Fund has announced a new scheme called the Parag Parikh Large Cap Fund. The New Fund Offering (NFO) opened on January 19, 2026, and will remain open until January 30, 2026.
After the NFO period, the scheme will reopen for subscription on February 6, 2026. This is the seventh fund launched by the fund house since its inception.
Investment Strategy and Objective
According to the company, the fund aims to offer cost-efficient investment opportunities in large-cap stocks. The portfolio will be managed in a way that stays close to the benchmark, helping reduce unnecessary trading and extra costs.
The scheme will use smart tools for portfolio management, while keeping active shareholding limited to avoid high expenses.
Investment Details and Options
The minimum investment amount in this scheme is ₹1,000, and additional investments can be made in multiples of ₹1. There is no entry or exit load for investors.
The fund will be available in direct and regular plans, with options for growth, income distribution, and capital withdrawal.
Fund Management and Expert Views
The fund will be managed by a team consisting of Rajiv Thakkar, Raunawak Omkar, Raj Mehta, Rukun Tarachandani, Tejas Soman, and Aishwarya Dhar.
Neil Parag Parikh, Chairman and CEO of PPFAS Mutual Fund, said that many investors are looking for large-cap funds that are transparent, stable, and low-cost.
He added that this scheme is designed to meet those expectations through smart execution and cost control.
Rukun Tarachandani, EVP and Fund Manager, stated that the fund will use strategies such as discounted single-stock and index futures, merger arbitrage, smart rebalancing,
and staggered investments during corporate events. The company plans to keep the total active shareholding below 10%.
