Value Investing India on WebNotes

Parag Parikh

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

Parag Parikh (1954 to 3 May 2015) was an Indian value investor, equity broker, author, and the founder of Parag Parikh Financial Advisory Services Limited (PPFAS Ltd) in 1979 and of PPFAS Asset Management Private Limited (the asset management company of PPFAS Mutual Fund ) in 2011 to 2013. Through his approximately 36-year career in Indian capital markets, Parag Parikh was a foundational figure in the popularisation of long-term value-investing principles in India and one of the earliest Indian advocates of integrating behavioural-finance insights into retail-investor education and portfolio management.

Parag Parikh's Columns and Writings (Archive)

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

The Parag Parikh columns archive refers to the body of column writing, opinion pieces and feature articles published over more than two decades by Parag Parikh , the founder of PPFAS Mutual Fund , principally in the Indian business press across publications including Business Standard, DNA and the Economic Times. The column archive is among the most substantial bodies of Indian-authored writing on value investing and behavioural finance applied to Indian equity markets and forms a key complement to the founder’s two books Stocks to Riches (2005) and Value Investing and Behavioral Finance (2009).

PPFAS investment philosophy

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

The PPFAS investment philosophy is the distinctive value-investing and behavioural-finance framework that guides portfolio construction and management at PPFAS Mutual Fund . The philosophy was articulated by founder Parag Parikh through his two books, Stocks to Riches (2005) and Value Investing and Behavioral Finance (2009), and through his client letters and media writings during his career at Parag Parikh Financial Advisory Services Limited. Following Parag Parikh’s death in the 3 May 2015 Omaha road accident, the philosophy has been continuously developed and codified by Chief Investment Officer Rajeev Thakkar (the lead fund manager of the Parag Parikh Flexi Cap Fund since launch on 24 May 2013), Head of Research Raunak Onkar, and the broader PPFAS investment team, with continuing oversight from Chairman and CEO Neil Parikh .

PPFAS view on banking and financials

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

The PPFAS view on banking and financials is the body of investment reasoning through which PPFAS Mutual Fund has built and maintained substantial positions in Indian banking and financial-services equities at the Parag Parikh Flexi Cap Fund , including the long-running positions in HDFC Bank , ICICI Bank , Kotak Mahindra Bank Limited and Bajaj Holdings and Investment Limited. The banking-and-financials view is structurally consistent with the broader PPFAS investment philosophy of value investing , margin of safety , focused portfolio construction and the owner mindset framework, and has been articulated through monthly factsheet commentary by Chief Investment Officer Rajeev Thakkar and at the PPFAS Annual Unitholders’ Meet by the broader investment team.

PPFAS view on Indian PSUs

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

The PPFAS view on Indian PSUs is the body of investment reasoning through which PPFAS Mutual Fund has periodically built and maintained substantial positions in Indian Public Sector Undertaking (PSU) equities at the Parag Parikh Flexi Cap Fund , including the long-running positions in Coal India , Power Grid Corporation of India, NTPC and ONGC, together with periodic positions in additional PSU names. The PSU view is structurally consistent with the broader PPFAS investment philosophy of value investing , margin of safety and contrarian investing , and has been articulated continuously through monthly factsheet commentary by Chief Investment Officer Rajeev Thakkar and at the PPFAS Annual Unitholders’ Meet by the broader investment team.

PPFAS vs Quantum Mutual Fund

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

PPFAS Mutual Fund and Quantum Mutual Fund are widely regarded as the two most prominent boutique value-oriented asset management companies operating in the Indian mutual fund industry. Both AMCs operate with deliberately compact scheme sets, articulate explicit value-investing philosophies, and prioritise long-term unitholder interests over scale-driven asset gathering. PPFAS Mutual Fund was set up on 10 October 2012 by founder Parag Parikh and his team, with the flagship Parag Parikh Flexi Cap Fund launched on 24 May 2013. Quantum Mutual Fund was set up in 2005 by Ajit Dayal and was India’s first direct-only mutual fund AMC, with the flagship Quantum Long Term Equity Value Fund (QLTEVF) launched in March 2006.

Prashant Jain

Tue, 12 May 2026 00:00:00 +0000

Prashant Jain is the founder and Chief Investment Officer of 3P Investment Managers, a SEBI-registered portfolio management and investment advisory firm established in 2023. He is best known for his 21-year tenure as Executive Director and Chief Investment Officer at HDFC Asset Management Company , one of India’s two largest mutual fund houses, which he left in 2022. During his time at HDFC AMC, Jain was the lead fund manager for HDFC Equity Fund, HDFC Top 100 Fund (formerly HDFC Top 200 Fund), and HDFC Flexicap Fund (formerly HDFC Equity Fund), among the most widely tracked actively managed equity funds in Indian mutual fund history. He is regarded as one of the defining figures of Indian equity fund management over a career spanning more than three decades.