Parag Parikh Long Term Equity Fund Overview

Mutual Fund

Parag Parikh Long Term Equity Fund is an open ended equity multi-cap mutual fund. Earlier this fund was named Parag Parikh Long Term Value Fund. The investment objective of Parag Parikh Long Term Equity Fund is long-term capital generation by primarily investing in equity related instruments. This fund invests in a mix of indian equity stocks, foreign equity stocks and debt related instruments. 

Parag Parikh Long Term Equity Fund regular plan offers active portfolio management by expert professionals. The minimum amount that you can invest in Parag Parikh Long Term Equity Fund sip mode is Rs. 500 every month. Apart from indian equity stocks, Parag Parikh Long Term Equity Mutual Fund Scheme invests a maximum of 35% in foreign equities and debt securities in order to ensure well diversified portfolio.

Why Parag Parikh Long Term Equity Fund?

  • Based on the belief of compounding pinciple, Parag Parikh Long Term Equity Fund growth option is only available and not the dividend plan.
  • Parag Parikh Long Term Equity Fund portfolio includes 65.61% allocation in indian equity stocks out of which 42.14% in large cap sector, 14.65% in small cap and 8.83% in mid cap sectors.
  • Based on Parag Parikh Long Term Equity Fund review, this fund invests a small portion of its portfolio in money market and debt instruments to safeguard the investor’s interest and maintain the fund’s liquidity.
  • Parag Parikh Long Term Equity Fund returns usually exceed the benchmark index. But due to market fluctuation, there might be a moderate loss. 
  • Parag Parikh Long Term Equity Fund exit load is nil if you redeem the fund units after 730 days from the allotment date of the scheme.

Top 5 Sectors of Parag Parikh Long Term Equity Fund

S.No. Holding Name Net Assets (in %)
1 Miscellaneous 20.21
2 Bank – Private 15.39
3 IT – Software 7.78
4 Miscellaneous 7.44
5 Finance – NBFC 6.59

(as on date- 04/04/2019)

Top 10 Holdings of Parag Parikh Long Term Equity Fund

S.No. Holding Name Net Assets (in %)
1 Alphabet INC 9.66
2 HDFC Bank Ltd 7.9
3 Bajaj Holdings & Investment Ltd 6.59
4 Persistent Systems Ltd 5.72
5 Housing Development Fin Corp Ltd 4.68
6 Tri-Party Repo 4.62
7 Suzuki Motor Corp (ADR) * 4.49
8 Hero Motocorp Ltd 4.39
9 Facebook INC 4.32
10 Balkrishna Industries Ltd 3.75

(as on date- 04/04/2019)

Details of Parag Parikh Long Term Equity Fund

Date of Inception- 24thMay, 2013
Fund Manager- Mr. Rajeev Thakkar, Mr. Raj Mehta and Mr. Raunak Onkar
Benchmark- NIFTY 500
Riskometer- Moderately High
Return Since Since Launch- 16.92%
AUM- Rs. 1618.58 crore (as on 28th Feb, 2019)

Parag Parikh Long Term Equity Fund performance table is shown below-

  1-Year 3-Year 5-Year 10-Year
Fund 11.16 14.11 15.59
S&P BSE 500 TRI 8.63 15.65 14.38
Category 4.88 13.85 15.15
Rank within Category 6 20 18
Number of funds in category 45 42 36
As on Apr 04, 2019

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