When a fund house has one scheme to manage, a key advantage is singular focus of the fund manager. Parag Parikh Financial Advisory Services (PPFAS) Long Term Value Fund is one such scheme which has completed over three years and has provided encouraging performance.
In the past three years, the scheme has delivered 20.1 per cent returns, while its benchmark Nifty 500 has given 14.5 per cent returns in the same period.