PPFAS Sponsor Commitment and Skin in the Game

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

The sponsor commitment of Parag Parikh Financial Advisory Services Limited (PPFAS Ltd) to PPFAS Mutual Fund , together with the personal capital invested by members of the Parikh family and the senior fund-management team in the schemes they manage, is a structural attribute that PPFAS publicly emphasises as a differentiator from larger Indian asset managers. The combined doctrine, often referred to in fund-house literature and in the Annual Unitholders’ Meet discourse as “skin in the game”, encompasses three distinct layers: the regulatory minimum sponsor contribution prescribed under the SEBI (Mutual Funds) Regulations, 1996 , the additional voluntary investment by the sponsor entity in scheme units, and the personal scheme investments held by the founder family, directors, key personnel and fund managers of the PPFAS Asset Management Private Limited (the AMC).

PPFAS stance on not chasing AUM

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

The PPFAS stance on not chasing AUM is a publicly articulated and operationally demonstrated principle by which PPFAS Mutual Fund and its investment manager PPFAS Asset Management Private Limited decline to pursue assets under management growth as a primary corporate objective, in contrast to the prevailing industry norm at most large Indian asset managers. The stance manifests in a deliberately small scheme portfolio of seven active funds, a selective and infrequent New Fund Offer calendar averaging roughly one launch every two years, a willingness to restrict or suspend inflows when capacity is reached or when valuations are unattractive, and a publicly stated orientation toward long-term unit-holder outcomes rather than short-term AUM-growth-maximisation.

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PPFAS Sponsor Commitment and Skin in the Game

PPFAS stance on not chasing AUM