The scheme will also be able to invest up to 10% of its asset in units of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITS).” The allocation can be increased or reduced using arbitrage. The fund will have 10 to 25% exposure in equity and equity-related instruments. These include the sovereign, State Government, PSU and Corporate securities across all maturities. The scheme could be considered as a ‘one-stop shop’ for your debt needs.”īoth Direct and Regular Plans will offer Growth and Income Distribution cum Capital Withdrawal Options.Ībout the scheme’s Investment strategy, Rajeev Thakkar, Chief Investment Officer, PPFAS Mutual Fund said, “The Scheme will adopt a flexible model that will allow the fund manager to move between accrual and duration related instruments. Parag Parikh Conservative Hybrid Fund will be our debt fund offering with a slice of equity exposure, REITs and InvITs. Thus, the scheme will not be boxed into any particular type of debt like short term, government bond or high yield. The idea is to have a flexible model where we have the freedom to take advantage of market opportunities without being too constrained. Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund said, “We want to replicate the idea behind Parag Parikh Flexi Cap Fund on the debt side.
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