Raunak Onkar on WebNotes

Equity culture advocacy at PPFAS

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

The equity culture advocacy at PPFAS is the body of investor-education programmes, content production and public engagement through which PPFAS Mutual Fund has advanced the development of the broader Indian equity culture since the May 2013 launch of the Parag Parikh Flexi Cap Fund , and through the broader history of Parag Parikh Financial Advisory Services Limited (PPFAS Ltd) since the 1979 founding of the predecessor stockbroking practice by Parag Parikh . The equity culture advocacy programme is structurally distinctive within the Indian mutual fund industry for its substance, its consistency over multiple market cycles and its alignment with the broader PPFAS investment philosophy .

Intrinsic value estimation methodology at PPFAS

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

The intrinsic value estimation methodology at PPFAS is the systematic framework through which the investment team at PPFAS Mutual Fund estimates the fundamental value of equity securities considered for inclusion in the Parag Parikh Flexi Cap Fund and the broader scheme range. The methodology operationalises the value-investing principle that price and value are distinct concepts, with intrinsic value derived from the discounted stream of future cash flows that the underlying business is expected to generate. The methodology is documented at amc.ppfas.com/schemes/investment-process/ and is operationalised by Chief Investment Officer (Equity) Rajeev Thakkar , Head of Research Raunak Onkar , equity fund manager Rukun Tarachandani, and the broader PPFAS research team.

Parag Parikh Arbitrage Fund

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

The Parag Parikh Arbitrage Fund is an open-ended arbitrage scheme of PPFAS Mutual Fund , launched on 27 October 2023 by PPFAS Asset Management Private Limited following a new fund offer that ran from 23 October 2023 to 27 October 2023. It is the fifth open-ended scheme in the PPFAS Mutual Fund product line, after the flagship Parag Parikh Flexi Cap Fund (24 May 2013), the Parag Parikh Liquid Fund (9 May 2018), the Parag Parikh ELSS Tax Saver Fund (4 July 2019), and the Parag Parikh Conservative Hybrid Fund (28 May 2021). The scheme is benchmarked to the Nifty 50 Arbitrage Total Return Index.

Parag Parikh Conservative Hybrid Fund

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

The Parag Parikh Conservative Hybrid Fund is an open-ended conservative hybrid scheme of PPFAS Mutual Fund , launched on 28 May 2021 by PPFAS Asset Management Private Limited following a new fund offer (NFO) that ran from 7 May 2021 to 21 May 2021. It is the fourth open-ended scheme in the PPFAS Mutual Fund product line, after the flagship Parag Parikh Flexi Cap Fund (24 May 2013), the Parag Parikh Liquid Fund (9 May 2018), and the Parag Parikh ELSS Tax Saver Fund (4 July 2019). The scheme is benchmarked to the CRISIL Hybrid 85+15 Conservative Index TRI, the standard benchmark for SEBI Conservative Hybrid Fund category schemes.

Parag Parikh Dynamic Asset Allocation Fund

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

The Parag Parikh Dynamic Asset Allocation Fund (PPDAAF) is an open-ended balanced advantage / dynamic asset allocation scheme of PPFAS Mutual Fund , launched on 22 February 2024 by PPFAS Asset Management Private Limited following a new fund offer that ran from 20 February 2024 to 22 February 2024. It is the sixth open-ended scheme in the PPFAS Mutual Fund product line, after the flagship Parag Parikh Flexi Cap Fund (24 May 2013), the Parag Parikh Liquid Fund (9 May 2018), the Parag Parikh ELSS Tax Saver Fund (4 July 2019), the Parag Parikh Conservative Hybrid Fund (28 May 2021), and the Parag Parikh Arbitrage Fund (27 October 2023). The scheme is benchmarked to the CRISIL Hybrid 50+50 Moderate Index.

Parag Parikh ELSS Tax Saver Fund

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

The Parag Parikh ELSS Tax Saver Fund is an open-ended equity-linked savings scheme of PPFAS Mutual Fund , launched on 4 July 2019 by PPFAS Asset Management Private Limited as the third open-ended scheme in the AMC’s product line, after the flagship Parag Parikh Flexi Cap Fund (24 May 2013) and the Parag Parikh Liquid Fund (9 May 2018). It was originally launched as the Parag Parikh Tax Saver Fund and subsequently renamed to Parag Parikh ELSS Tax Saver Fund to align with the AMFI and SEBI directive that all equity-linked savings schemes carry the standardised “ELSS” prefix in scheme nomenclature. The scheme is benchmarked to the Nifty 500 Total Return Index (Nifty 500 TRI ).

Parag Parikh Flexi Cap Fund

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

The Parag Parikh Flexi Cap Fund (commonly PPFCF) is the flagship equity mutual fund scheme of PPFAS Mutual Fund , formally an open-ended equity-oriented mutual fund scheme of the Flexi Cap category under the SEBI Mutual Funds Regulations 1996 framework. PPFCF was launched on 24 May 2013 by PPFAS Asset Management Private Limited and has been continuously managed by Rajeev Thakkar (Chief Investment Officer of PPFAS Mutual Fund) since its launch, with Raunak Onkar (Head of Research) and Raj Mehta (debt and overseas allocation) as co-fund managers.

Parag Parikh Large Cap Fund

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

The Parag Parikh Large Cap Fund (PPLCF) is an open-ended large cap equity scheme of PPFAS Mutual Fund , launched on 4 February 2026 (date of unit allotment) following a new fund offer that ran from 19 January 2026 to 30 January 2026, with continuous-offer reopen on 6 February 2026. It is the seventh and most recent open-ended scheme in the PPFAS Mutual Fund product line, completing the seven-scheme line-up alongside the flagship Parag Parikh Flexi Cap Fund (24 May 2013), the Parag Parikh Liquid Fund (9 May 2018), the Parag Parikh ELSS Tax Saver Fund (4 July 2019), the Parag Parikh Conservative Hybrid Fund (28 May 2021), the Parag Parikh Arbitrage Fund (27 October 2023), and the Parag Parikh Dynamic Asset Allocation Fund (22 February 2024). The scheme is benchmarked to the Nifty 100 Total Return Index (Nifty 100 TRI ).

PPFAS Annual Unitholders' Meet

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

The PPFAS Annual Unitholders’ Meet is the annual open meeting held by PPFAS Mutual Fund at which unitholders of the AMC’s schemes attend in person or by livestream and put direct questions to the fund team on holdings, philosophy and strategy. The meet is widely characterised as the Indian mutual fund industry’s closest analogue to the Berkshire Hathaway annual general meeting held each May in Omaha, Nebraska, an event the late founder Parag Parikh had attended for the first (and only) time in May 2015. The meet has been held annually since the inaugural 2014 edition and is among the most distinctive features of the AMC’s communications tradition.

PPFAS Mutual Fund

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

PPFAS Mutual Fund is an Indian asset management company , formally constituted as PPFAS Asset Management Private Limited (the AMC) and sponsored by Parag Parikh Financial Advisory Services Limited (PPFAS Ltd, the sponsor). The fund house is among the most distinctively positioned AMCs in India, operating a deliberately small scheme portfolio of seven active funds anchored by the Parag Parikh Flexi Cap Fund (PPFCF), a globally diversified equity scheme that combines Indian equities with a substantial allocation to international stocks (predominantly US-listed mega-cap technology and financial companies) alongside a cash and arbitrage overlay.

PPFAS Podcast and Interview Appearances

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

PPFAS podcast and interview appearances denote the body of long-form conversations in which senior office-bearers of PPFAS Mutual Fund , principally Rajeev Thakkar (Chief Investment Officer, Equity), Neil Parag Parikh (Chairman and CEO) and Raunak Onkar (Head of Research), appear on Indian personal-finance podcasts, YouTube creator channels and FinTwit-adjacent media platforms to discuss investment philosophy, scheme management and the broader mutual fund industry. These appearances form a recognisable thread of the AMC’s communications tradition, complementing the PPFAS Annual Unitholders’ Meet , the long-form PPFAS monthly factsheet commentaries and the PPFAS YouTube channel archive.

Raunak Onkar

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

Raunak Onkar is the Head of Research at PPFAS Asset Management Private Limited, the asset management company of PPFAS Mutual Fund , and a co-fund manager of the Parag Parikh Flexi Cap Fund (PPFCF) since the scheme’s launch on 24 May 2013. Onkar has been associated with the PPFAS group since 2008, when he joined as a research intern, and is one of the longest-tenured members of the AMC’s investment team after Rajeev Thakkar , the Chief Investment Officer (Equity).

Raunak Onkar Public Engagement and Research Output

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

Raunak Onkar’s public engagement and research output is among the most substantive contributions to the PPFAS Mutual Fund communications and intellectual property base. As Head of Research and co-fund manager of the Parag Parikh Flexi Cap Fund since its 24 May 2013 launch, Onkar has co-managed the AMC’s flagship scheme through more than a decade of evolving market and regulatory conditions and has emerged as the research voice of the AMC. His coverage areas of Technology, Pharma and Media, combined with continuous engagement at the PPFAS Annual Unitholders’ Meet , in the PPFAS monthly factsheet , through the Financial Opportunities Forum platform (ppfasfof.com) and via interviews on PPFAS podcast and interview appearances circuits, make him one of the most influential research-focused fund managers in the Indian asset-management industry.

Why PPFAS launched a semi-passive Large Cap Fund

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

The PPFAS Large Cap Fund rationale is the body of strategic reasoning through which PPFAS Mutual Fund launched the Parag Parikh Large Cap Fund (PPLCF) in February 2026 as a semi-passive equity scheme tracking the Nifty 100 Total Return Index with an active overlay of Smart Execution Strategies. The launch was structurally distinctive at PPFAS in three principal respects: it represented the first PPFAS scheme launched in the SEBI Large Cap category, it represented the first PPFAS scheme operating with a semi-passive construction rather than a purely active framework, and it represented the first PPFAS scheme operating with a structurally domestic-only exposure profile without an international diversification mandate.