Warm greetings!
Let me first introduce myself to you. My name is Neil Parag Parikh and I have recently taken over as CEO of PPFAS Mutual Fund, after the untimely passing away of my father, Mr. Parag Parikh.
I have been associated with the organisation for over 11 years now, in various capacities. I promise to uphold the high standards and strong values that we have set ourselves. The vision and dream that my father had for our Fund has now become a purpose and promise to him. I am extremely confident and motivated that we will exceed all his expectations, even as we abide by the values and investment philosophy so cherished by him.
I want to reassure all of you that my family and I are fully committed to achieving our mission of being regarded as the most preferred Indian equity mutual fund in the years to come.
While a lot has changed over the past month... at the same time, nothing has changed. Our prudent approach to managing your money, our personalised touch, and our commitment to you remains as steadfast as ever.
Our investment team remains the same. Rajeev Thakkar continues to manage our fund along with a strong research team. There are no major shifts in the organization structure and we continue to manage your money prudently following the value investing philosophy.
Mr. Aalok Mehta Shah and his team continue to manage relationships for clients and distributors. They will be delighted to answer your investment related queries.
Please do not hesitate to contact us on [email protected] in case you have any queries or concerns about the road ahead. We will be delighted to redress them. We are always open to suggestions and feedback.
You are the owners of this fund and we will put ourselves up for scrutiny. Continuing with that tradition, we will be having our Annual General Meeting (AGM) in Mumbai, Bangalore and Chennai in the months of October/ November 2015. The details will be mailed closer to the dates.
I sign off by sincerely thanking you from the bottom of my heart for standing by us during these trying times. It is you who have given us the strength to be resilient. I can promise you that the faith and trust shown by you will be vindicated.
Once again, the entire team at PPFAS Mutual Fund is more determined than ever, to fulfil our collective vision of being viewed as the most preferred Indian equity mutual fund.
Neil Parag Parikh
Chairman and CEO