Investors can subscribe to Parag Parikh Large Cap Fund from January 19 to 30

The wait is over for investors tracking PPFAS Mutual Fund’s next equity launch, as the NFO dates for the Parag Parikh Large Cap Fund have now been announced.

The fund house said the new fund offer will open on January 19 and close on January 30. After the NFO period, the scheme will be available for regular purchase and redemption from February 6. The fund will track the Nifty 100 Total Return Index (TRI) as its benchmark.

Once launched, the Parag Parikh Large Cap Fund will become fifth mutual fund scheme from the fund house.

Before reading further, please note that this exercise is for informational purposes only. It is not intended to recommend any of these schemes for investment.

Parag Parikh Large Cap Fund: Key details at a glance

The scheme will be managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, Tejas Soman, and Aishwarya Dhar.

The fund aims to offer cost-efficient exposure to India’s large-cap stocks, while keeping portfolio positioning close to its benchmark.

Parag Parikh Large Cap Fund: Key features

• Exposure to India’s top 100 companies by market capitalisation

• Lower costs compared to typical active large-cap funds

• Low active share, reducing stock-selection risk

• Use of smart execution strategies to improve cost efficiency

• Want broad large-cap exposure

• Prefer index-like returns with lower costs

• Have a long-term horizon (5+ years)

• Are comfortable with equity market volatility

• High outperformance over the index

• Concentrated or thematic bets

• Direct and Regular Plans

• Growth and IDCW options available

• LTCG exemption up to ₹1.25 lakh per financial year

• TDS applicable on dividends above ₹10,000

• Surcharge and cess applicable as per law

Since the scheme will invest at least 65% in Indian equities, it will be taxed as an equity-oriented fund.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Investors should do their own research or consult a registered financial advisor before making investment decisions.