Parag Parikh Asset Management was launched on 10th October 2012 and is promoted by Parag Parikh Financial Advisory Services Pvt. Ltd, a financial advisory firm incorporated in 1992. The mission of this mutual fund is to provide prudent fund management so that investors can attain their long-term financial goals.
The tagline of the company is - There is only one right way. To Simplify Client Side investments they only have Equity Fund called the PPFAS Long term Equity Fund, erstwhile Long term value fund.
It is one of the very few AMCs that have a mandate in investment philosophy to invest in overseas equity.