January 17, 2026
RA Jainee
Parag Parikh Large Cap Fund – Direct | Growth
📌 Fund Snapshot & Key Details (Master Table)
| Particulars | Details |
|---|---|
| Fund House | PPFAS Mutual Fund |
| Scheme Type | Open-ended |
| Category | Equity: Large Cap |
| Benchmark | NIFTY 100 TRI |
| NFO Opens | 19 January 2026 |
| NFO Closes | 30 January 2026 |
| Plan / Option | Growth, IDCW |
| Minimum Investment (Rs.) | 1,000 |
| Exit Load | 0 |
| Lock-in Period | NA |
| Riskometer | Very High |
| Registrar | Computer Age Management Services Ltd. (CAMS) |
⚖️ Sahifund NFO Review
Parag Parikh Large Cap Fund – Direct | Growth
PLUS
• Backed by a well-established investment philosophy known for discipline and downside awareness
• Large-cap mandate provides relative stability compared to mid/small-cap funds
• Zero exit load enhances liquidity and flexibility
• Experienced, research-heavy fund management team
• Suitable for investors seeking quality-biased large-cap exposure
MINUS
• Benchmark (NIFTY 100 TRI) is valuation-rich, limiting near-term upside potential
• High correlation with broader markets; limited diversification benefit
• Large-cap universe may underperform in strong mid/small-cap rallies
• “Very High” riskometer may surprise conservative large-cap investors
Sahifund View (Decisive Line)
A credibility-driven large-cap offering best suited for long-term investors who prioritise process, governance, and consistency over aggressive alpha.
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⏱️ Last Updated: 27 January 2026, 10.00 AM
📊 Sahifund Interpretation of the Benchmark
The NIFTY 100 TRI represents India’s top 100 companies by free-float market capitalisation and serves as a true large-cap proxy for the domestic equity market.
With high correlation (≈0.99) to NIFTY 50 and moderate volatility, the benchmark delivers steady long-term returns, but offers limited scope for outperformance during valuation-led or momentum-driven phases.
Sahifund Insight:
This benchmark rewards patience and discipline, not tactical timing. Returns tend to mirror economic growth rather than valuation re-rating.
👤 Sahifund Interpretation of Fund Managers & Their Performance
Rajeev Thakkar
Widely respected for his conservative, valuation-aware approach. His long association with PPFAS AMC reinforces process continuity and risk control.
Raj Mehta
Groomed internally within PPFAS, he adds analytical depth and continuity to the core investment philosophy.
Rukun Tarachandani
Brings global exposure and institutional research experience from firms like Kotak MF and Goldman Sachs, strengthening portfolio evaluation and risk assessment.
Supporting Fund Management Team
The broader team adds sectoral research strength and execution support, ensuring decisions remain collaborative and process-driven.
Sahifund Assessment:
The strength here lies not in short-term performance chasing, but in collective experience, discipline, and consistency of philosophy.
🎯 Suitable for Which Investors?
Suitable if you:
• Want core large-cap equity exposure
• Have a 5+ year investment horizon
• Prefer disciplined investing over aggressive trading
• Seek stability within equity allocation
Avoid if you:
• Are looking for high alpha or tactical returns
• Prefer mid- or small-cap strategies
• Have a short-term investment horizon
• Expect rapid outperformance versus benchmarks
❓ Should You Invest in This NFO?
Yes, with realistic expectations.
This NFO fits well as a core large-cap holding for long-term portfolios. Investors should not expect sharp outperformance but can expect process-led, steady compounding aligned with India’s large-cap growth.
Final Word:
A trust-and-process driven fund — rewarding those who value discipline over excitement.
⚠️ Disclaimer
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.
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