top of page
Writer's pictureMangesh Kulkarni

The Wall of Mutual Fund Industry

Rajeev Thakkar, CIO and Director, PPFAS Asset Management


The Mutual Fund industry in India has seen remarkable growth in recent years, with numerous funds delivering stellar returns. However, achieving consistent outperformance is a rare feat in the investment world. Rajeev Thakkar, known for his courage, wisdom and calm nature, has succeeded in delivering substantial returns for PPFAS's investors.

Rajeev Thakkar began his career with Parag Parikh in 2001. Until 2013, PPFAS (Parag Parikh Financial Advisory Services) provided PMS (Portfolio Management Service) to its clients. Right from the start, Rajeev led the Research department at PPFAS. He is a Chartered Accountant, Cost Accountant, CFA Charterholder and a CFP Certificant.

PPFAS AMC is recognized for its flexicap fund. The Parag Parikh Flexi Cap Fund invests in top-tier stocks from large, mid, and small-cap companies, focusing on those with fair and appealing valuations. Launched in May 2013, the Parag Parikh Flexi Cap Fund boasts a history of over 11 years, achieving a CAGR of 20.16% since inception.

Furthermore, it has consistently outperformed the benchmark and its competitors over various time frames, establishing itself as a leading contender in the sector. With a solid track record of strong returns, the Parag Parikh Flexi Cap Fund has gained popularity among investors. As of August 31, 2024, it holds the largest AUM in the Flexi Cap Fund category, with much of the credit attributed to Rajeev Thakkar, the Chief Investment Officer and Director of PPFAS AMC.

Rajeev is a staunch advocate of the "value-investing" strategy, inspired by the investing style of Warren Buffett and Charlie Munger. His sharp eye for identifying undervalued companies through a disciplined approach has played a crucial role in the fund's outstanding performance.

Comments


bottom of page