PPFAS Mutual Fund launches Parag Parikh Conservative Hybrid Fund

May 7, 2021 by News Team

NFO period: 07th May – 21st May, 2021

Highlights of the NFO:

  • Scheme type – An open-ended hybrid scheme investing predominantly in debt instruments

  • Investment objective – To generate regular income through investments predominantly in debt and money market instruments. The scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking to generate regular income by investing predominantly in debt and money market instruments. Long term capital appreciation from the portion of equity investments under the scheme.

  • Minimum Application Amount – First investment is Rs. 5000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan & Direct Plan having Growth Option and Income Distribution cum capital withdrawal (IDCW) Option.

  • Fund Managers – Mr. Rajeev Thakkar, Mr. Raunak Onkar and Mr. Raj Mehta

  • Benchmark – CRISIL Hybrid 85+15 - Conservative Index TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)