| PPFAS Mutual Fund | |
| Scheme Name | Parag Parikh Conservative Hybrid Fund |
| Objective of Scheme | To generate regular income through investments predominantly in debt and money market instruments. The Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized. |
| Scheme Type | Open Ended |
| Scheme Category | Hybrid Scheme – Conservative Hybrid Fund |
| New Fund Launch Date | 07-May-2021 |
| New Fund Earliest Closure Date | 21-May-2021 |
| New Fund Offer Closure Date | 21-May-2021 |
| Indicate Load Separately | Exit Load: In respect of each purchase / switch-in of Units, 10% of the units (“the limit”) may be redeemed without any exit load from the date of allotment. Any redemption or switch-out in excess of the limit shall be subject to the following exit load:- Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. – No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment. |
| Minimum Subscription Amount | Rs.5,000/- |
| For Further Details Please Visit Website | www.amc.ppfas.com |
Source from: www.amfiindia.com
Mutual Funds Based on Asset Class
Conservative Hybrid Fund: These are open-ended hybrid mutual funds. They majorly invest in debt and fixed income securities. Their returns tend to fluctuate a little in line with the market movements. Since they follow a conservative strategy of investing, both their returns and risk are limited.
Mutual Funds Based on Structure
Open-Ended Funds: These are funds in which units are open for purchase or redemption through the year. All purchases/redemption of these fund units are done at prevailing NAVs. Basically these funds will allow investors to keep invest as long as they want. There are no limits on how much can be invested in the fund. They also tend to be actively managed which means that there is a fund manager who picks the places where investments will be made. These funds also charge a fee which can be higher than passively managed funds because of the active management. They are an ideal investment for those who want investment along with liquidity because they are not bound to any specific maturity periods. Which means that investors can withdraw their funds at any time they want thus giving them the liquidity they need.
