History of PPFAS (1979 to present)

Sat, 16 May 2026 00:00:00 +0000

The history of PPFAS spans more than four and a half decades, from the 1979 founding of a Mumbai-based stock-broking and advisory practice by Parag Parikh at the age of twenty-five, through the 1992 incorporation of the practice as Parag Parikh Financial Advisory Services Limited , the 1996 launch of the Cognito discretionary Portfolio Management Service , the 2011 incorporation of PPFAS Asset Management Private Limited , the 2012 set-up of the mutual fund trust, the 2013 launch of the Parag Parikh Long Term Value Fund (subsequently renamed twice and now the Parag Parikh Flexi Cap Fund ), the watershed of the founder’s death in May 2015, the succession of Neil Parag Parikh as Chairman and CEO, and the subsequent expansion of the scheme range to seven active funds by February 2026. In May 2025 the flagship became the first actively managed equity scheme in India to cross Rs 1 lakh crore in AUM.

Indian Mutual Fund History on WebNotes

History of PPFAS (1979 to present)