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  • MF News PPFAS MF to hold fifth AGM

    PPFAS MF to hold fifth AGM

    The fund house puts itself for the scrutiny at these AGMs.
    Team Cafemutual Nov 12, 2018

    PPFAS Mutual Fund will hold its fifth Annual General Board Meeting (AGM) for its distributors and investors in the top three cities. The meetings will begin in Bengaluru on November 17, followed by Chennai on November 24 and Mumbai on December 1. These three cities have been chosen as they have account for the maximum folios for PPFAS.

    At the AGMs, fund house puts itself up for the scrutiny of unitholders and discusses the portfolio in detail.

    PPFAS Mutual Fund's flagship equity scheme, Parag Parikh Long Term Equity Fund completed 5 years recently. It added Parag Parikh Liquid Fund to its product bouquet in May 2018 to offer STP.

    In a press release, Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund said, "We are the custodian of our investors and distributors. These meetings give an opportunity to interact freely and get to know each other better. We feel they have a right to know everything about our schemes, management and other issues related to their investment with us. Our CIO, Fund Managers and I will try to answer all their questions in the best possible way.”

    “As before, we will webcast our event in Mumbai. This will enable unitholders in other cities to participate”, Parikh further added.

    PPFAS manages AUM of Rs.1376 crore as on September 2018.

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