SEBI Regulatory Events on WebNotes

PPFAS scheme classification under SEBI October 2017 categorisation

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

The PPFAS scheme classification under SEBI October 2017 categorisation describes the implementation of the broader SEBI scheme rationalisation circular 2017 within PPFAS Mutual Fund , with the principal operational consequence being the two-stage renaming of the AMC’s flagship scheme: from Parag Parikh Long Term Value Fund (PPLTVF) to Parag Parikh Long Term Equity Fund (PPLTEF) on 16 February 2018 under the Multi-Cap category, and subsequently to Parag Parikh Flexi Cap Fund (PPFCF) on 13 January 2021 under the new Flexi Cap category.

PPFAS SEBI overseas investment cap incident (January to June 2022)

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

The PPFAS SEBI overseas-investment-cap incident of January to June 2022 was the most operationally consequential regulatory event affecting PPFAS Mutual Fund since the launch of the Parag Parikh Flexi Cap Fund (PPFCF) in May 2013. The incident occurred when aggregate Indian mutual-fund overseas-investment positions approached the USD 7 billion industry-wide cap under the broader SEBI MF overseas investment cap framework. As PPFCF held approximately Rs 5,588 crore (around 28 per cent of AUM) in foreign securities at the time, PPFAS was directly affected.