PPFAS flagship rename history: PPLTVF to PPLTEF to PPFCF

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

The PPFAS flagship rename history documents the two formal name and category changes of the flagship equity scheme of PPFAS Mutual Fund since its launch on 24 May 2013. The scheme has operated under three successive names corresponding to three successive SEBI-recognised category classifications, with each rename driven by SEBI regulatory initiatives rather than by AMC strategic repositioning. The three successive names are:

Parag Parikh Long Term Value Fund (PPLTVF), the launch name from 24 May 2013 to 15 February 2018, operating under the pre-rationalisation open-ended multi-capitalisation mandate.
Parag Parikh Long Term Equity Fund (PPLTEF), the post-rationalisation name from 16 February 2018 to 12 January 2021, operating under the SEBI Multi-Cap Fund category established by the SEBI scheme rationalisation circular 2017 dated 6 October 2017.
Parag Parikh Flexi Cap Fund (PPFCF), the current name from 13 January 2021 onward, operating under the SEBI Flexi Cap Fund category established by SEBI in November 2020.

The two renames were administrative regulatory events: in each case, the AMC migrated the scheme to a new SEBI-defined category and adopted the corresponding standardised category-specific nomenclature, without altering the scheme’s fundamental investment philosophy, fund-management team (lead by Rajeev Thakkar continuously since the May 2013 launch), benchmark (Nifty 500 TRI), operational parameters, or the structural up-to-35-per-cent overseas allocation provision that has distinguished the scheme since its launch.

Scheme Rename and Reclassification on WebNotes

PPFAS flagship rename history: PPLTVF to PPLTEF to PPFCF