{"id":7351,"date":"2015-05-07T12:56:38","date_gmt":"2015-05-07T07:26:38","guid":{"rendered":"https:\/\/blog.fundsindia.com\/blog\/?p=7351"},"modified":"2020-02-10T16:59:41","modified_gmt":"2020-02-10T11:29:41","slug":"what-you-should-do-with-your-ppfas-fund","status":"publish","type":"post","link":"https:\/\/fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351","title":{"rendered":"What you should do with your PPFAS fund"},"content":{"rendered":"<p>The grief and shock after the passing away of Parag Parikh, Founder of PPFAS, which is the sponsor company for PPFAS <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.fundsindia&amp;hl=en\" target=\"_blank\" rel=\"noopener\">Mutual Fund<\/a>, is yet to diminish. However, many of you may have doubts about what to do with your investments in the \u2018single fund\u2019 run by the AMC \u2013 PPFAS Long Term Equity fund.<\/p>\n<p>There are few things that you may need to take note of before your decision. First, the passing away of a key person in a fund house does not mean the AMC will not operate. The AMC is a separate body governed by a trust and not by individuals.<\/p>\n<p><del>Second, while Parag Parikh was not managing the fund, Rajeev Thakkar, the fund manager who manages the fund (and who was driving the vehicle at the time of accident) has been charged by the Nebraska police of misdemeanour motor vehicle homicide. Rajeev is an Indian citizen and at this point in time, we do not know the implication of the US law.\u00a0<\/del> <span style=\"color: #ff0000;\">We have, since the posting of this article, received an update that the fund manager of PPFAS Long Term Equity, Rajeev Thakkar has no charges held against him and is returning back to India.\u00a0<\/span><\/p>\n<p><del>Of course, PPFAS may choose to have another fund manager \u2013 temporarily or otherwise &#8211; run the fund as will be required by SEBI.<\/del><\/p>\n<p>As to what you should do now, we think a wait and watch would be an appropriate approach at this stage. We suggest that you wait for the next course of action by PPFAS Mutual. This way you will neither unnecessarily disturb your portfolio nor contribute to a scenario of redemption pressure for the fund.<\/p>\n<p>We shall, at the appropriate time, let you know if any action is required on this fund holding.<span style=\"line-height: 1.5em;\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The grief and shock after the passing away of Parag Parikh, Founder of PPFAS, which is the sponsor company for PPFAS Mutual Fund, is yet to diminish. However, many of you may have doubts about what to do with your investments in the \u2018single fund\u2019 run by the AMC \u2013 PPFAS Long Term Equity fund. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[36],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What you should do with your PPFAS fund<\/title>\n<meta name=\"description\" content=\"We think a wait and watch would be an appropriate approach at this stage\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What you should do with your PPFAS fund\" \/>\n<meta property=\"og:description\" content=\"We think a wait and watch would be an appropriate approach at this stage\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351\" \/>\n<meta property=\"og:site_name\" content=\"Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/fundsindia\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-07T07:26:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-10T11:29:41+00:00\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vidya Bala\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\",\"name\":\"Wealth India Financial Services\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/fundsindia\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"contentUrl\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"width\":189,\"height\":200,\"caption\":\"Wealth India Financial Services\"},\"image\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"name\":\"Insights\",\"description\":\"Official blog of FundsIndia.com\",\"publisher\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fundsindia.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#webpage\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351\",\"name\":\"What you should do with your PPFAS fund\",\"isPartOf\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\"},\"datePublished\":\"2015-05-07T07:26:38+00:00\",\"dateModified\":\"2020-02-10T11:29:41+00:00\",\"description\":\"We think a wait and watch would be an appropriate approach at this stage\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fundsindia.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What you should do with your PPFAS fund\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#webpage\"},\"author\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/df1dc8f3401fa98a77f0d8b37e16672f\"},\"headline\":\"What you should do with your PPFAS fund\",\"datePublished\":\"2015-05-07T07:26:38+00:00\",\"dateModified\":\"2020-02-10T11:29:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#webpage\"},\"wordCount\":303,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\"},\"keywords\":[\"Mutual fund\"],\"articleSection\":[\"Mutual funds\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#respond\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/df1dc8f3401fa98a77f0d8b37e16672f\",\"name\":\"Vidya Bala\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b257b1d190fbf32283cd07571efd1426?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b257b1d190fbf32283cd07571efd1426?s=96&d=mm&r=g\",\"caption\":\"Vidya Bala\"},\"description\":\"Vidya Bala was the Head of Mutual Fund Research at FundsIndia\",\"url\":\"https:\/\/fundsindia.com\/blog\/author\/vidya\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What you should do with your PPFAS fund","description":"We think a wait and watch would be an appropriate approach at this stage","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351","og_locale":"en_US","og_type":"article","og_title":"What you should do with your PPFAS fund","og_description":"We think a wait and watch would be an appropriate approach at this stage","og_url":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351","og_site_name":"Insights","article_publisher":"https:\/\/www.facebook.com\/fundsindia","article_published_time":"2015-05-07T07:26:38+00:00","article_modified_time":"2020-02-10T11:29:41+00:00","twitter_misc":{"Written by":"Vidya Bala","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/www.fundsindia.com\/blog\/#organization","name":"Wealth India Financial Services","url":"https:\/\/www.fundsindia.com\/blog\/","sameAs":["https:\/\/www.facebook.com\/fundsindia"],"logo":{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/#logo","inLanguage":"en-US","url":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg","contentUrl":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg","width":189,"height":200,"caption":"Wealth India Financial Services"},"image":{"@id":"https:\/\/www.fundsindia.com\/blog\/#logo"}},{"@type":"WebSite","@id":"https:\/\/www.fundsindia.com\/blog\/#website","url":"https:\/\/www.fundsindia.com\/blog\/","name":"Insights","description":"Official blog of FundsIndia.com","publisher":{"@id":"https:\/\/www.fundsindia.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fundsindia.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#webpage","url":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351","name":"What you should do with your PPFAS fund","isPartOf":{"@id":"https:\/\/www.fundsindia.com\/blog\/#website"},"datePublished":"2015-05-07T07:26:38+00:00","dateModified":"2020-02-10T11:29:41+00:00","description":"We think a wait and watch would be an appropriate approach at this stage","breadcrumb":{"@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fundsindia.com\/blog"},{"@type":"ListItem","position":2,"name":"What you should do with your PPFAS fund"}]},{"@type":"Article","@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#article","isPartOf":{"@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#webpage"},"author":{"@id":"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/df1dc8f3401fa98a77f0d8b37e16672f"},"headline":"What you should do with your PPFAS fund","datePublished":"2015-05-07T07:26:38+00:00","dateModified":"2020-02-10T11:29:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#webpage"},"wordCount":303,"commentCount":2,"publisher":{"@id":"https:\/\/www.fundsindia.com\/blog\/#organization"},"keywords":["Mutual fund"],"articleSection":["Mutual funds"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.fundsindia.com\/blog\/mf-research\/mutual-funds\/what-you-should-do-with-your-ppfas-fund\/7351#respond"]}]},{"@type":"Person","@id":"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/df1dc8f3401fa98a77f0d8b37e16672f","name":"Vidya Bala","image":{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/b257b1d190fbf32283cd07571efd1426?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b257b1d190fbf32283cd07571efd1426?s=96&d=mm&r=g","caption":"Vidya Bala"},"description":"Vidya Bala was the Head of Mutual Fund Research at FundsIndia","url":"https:\/\/fundsindia.com\/blog\/author\/vidya"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/7351"}],"collection":[{"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/comments?post=7351"}],"version-history":[{"count":6,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/7351\/revisions"}],"predecessor-version":[{"id":17733,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/7351\/revisions\/17733"}],"wp:attachment":[{"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/media?parent=7351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/categories?post=7351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundsindia.com\/blog\/wp-json\/wp\/v2\/tags?post=7351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}