Fundalysisby DARKHORSESTOCKS

Fund manager · PPFAS

Raj Mehta

(Executive Vice President & Fund Manager - Equity) at PPFAS. Runs 6 schemes worth ₹1,60,074 Cr.

  • Fund house

    PPFASThey run their schemes at PPFAS.

  • AUM they run

    ₹1,60,074 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    6 now · 1 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Nov 2024.

  • Experience

    13 years13

Profile(PPFAS's SAI, 26 Aug 2026)

About

Role
(Executive Vice President & Fund Manager - Equity)
Studied
B.Com (Mumbai University), M.Com (Mumbai University), Chartered Accountant CFA Charter Holder
Age
37 years
Experience
13

Schemes now6

  1. Parag Parikh Flexi Cap Fund₹1,45,071 Cr
  2. Parag Parikh ELSS Tax Saver Fund₹5,401 Cr
  3. Parag Parikh Conservative Hybrid Fund₹3,454 Cr
  4. Parag Parikh Arbitrage Fund₹2,750 Cr
  5. Parag Parikh Dynamic Asset Allocation Fund₹2,533 Cr
  6. Parag Parikh Large Cap Fund₹866 Cr

AUM they run(Feb 2019 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 20261,60,074−1.6%
Aug 20261,62,733−0.6%
Jul 20261,63,781+3.3%
Jun 20261,58,482+1.4%
May 20261,56,270+0.4%
Apr 20261,55,692+9.0%
Mar 20261,42,784−4.0%
Feb 20261,48,708+0.6%
Jan 20261,47,830+0.4%
Dec 20251,47,246+2.6%
Nov 20251,43,489+3.0%
Oct 20251,39,299+1.9%
AUM at month end, Sept 2026
₹1,60,074 Cr
+14.9% since Oct 2025
Fig. 1.The AUM of the schemes Raj Mehta ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Jan 2016 – now)

  1. Flexi Cap Fund
  2. Liquid Fund
  3. ELSS Tax Saver Fund
  4. Conservative Hybrid Fund
  5. Arbitrage Fund
  6. Dynamic Asset Allocation Fund
  7. Large Cap Fund
PPFAS20172019202120232025
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Jan 2016 – now)

PPFAS

6 now · since Jan 2016
  1. Parag Parikh Flexi Cap Fund
    Fund manager, equityJan 2016—10y 10m₹1,45,071 CrFlexi CapTER 0.69%
  2. Parag Parikh Liquid Fund
    Fund managerMay 2018—Oct 20257y 6mLiquid

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(7 schemes)

Growth · Direct plans

Return as manager
+8.02%
Beat peers
4 of 6
vs peers
+0.49 pt
Longest run
10.8 years
Beat benchmark
Upcoming
Each scheme Raj Mehta ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
Parag Parikh Flexi Cap Fund
Jan '16–now · 10.8y
+16.14%+13.40%+2.74 pt––
Parag Parikh Liquid Fund
May '18–Oct '25 · 7.4y
+5.44%+5.90%−0.46 pt––
Parag Parikh ELSS Tax Saver Fund
Jul '19–now · 7.2y
+16.64%+16.16%+0.48 pt––
Parag Parikh Conservative Hybrid Fund
May '21–now · 5.4y
+9.07%+7.97%+1.10 pt––
Parag Parikh Arbitrage Fund
Nov '23–now · 2.9y
+6.97%+7.29%−0.32 pt––
Parag Parikh Dynamic Asset Allocation Fund
Feb '24–now · 2.6y
+6.32%+5.83%+0.49 pt––
Parag Parikh Large Cap Fund
Feb '26–now · 0.7y
−10.08%−7.68%−2.41 pt––
Fig. 1.Each scheme Raj Mehta ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(6 now)

  1. Rajeev ThakkarFlexi Cap Fund · ELSS Tax Saver Fund · Conservative Hybrid Fund · Arbitrage Fund · Dynamic Asset Allocation Fund · Large Cap Fund6 schemes
  2. Raunak OnkarFlexi Cap Fund · ELSS Tax Saver Fund · Conservative Hybrid Fund · Arbitrage Fund · Dynamic Asset Allocation Fund · Large Cap Fund6 schemes
  3. Rukun TarachandaniFlexi Cap Fund · ELSS Tax Saver Fund · Conservative Hybrid Fund · Arbitrage Fund · Dynamic Asset Allocation Fund · Large Cap Fund6 schemes
  4. Tejas SomanFlexi Cap Fund · ELSS Tax Saver Fund · Conservative Hybrid Fund · Arbitrage Fund · Dynamic Asset Allocation Fund · Large Cap Fund6 schemes
  5. Aishwarya DharFlexi Cap Fund · ELSS Tax Saver Fund · Arbitrage Fund · Large Cap Fund4 schemes
  6. Mansi KariyaFlexi Cap Fund · Conservative Hybrid Fund · Dynamic Asset Allocation Fund3 schemes