Archive · 1 Oct 2025
PPFAS Mutual Fund Announces CFO Resignation, Scheme Updates
PPFAS Mutual Fund is making some changes!
First, the person in charge of money, Himanshoo Bohara, is leaving his job at the end of September 2025.
Also, the Flexi Cap Fund is getting an update.
Now, investors can choose to get regular income (IDCW) from their investments, choosing to get paid out or reinvest the income.
Because of these changes, investors who don't like the new plan can take their money out without penalty from October 1st to October 30th, 2025.
Himanshoo Bohara resigned as CFO and Whole-Time Director of PPFAS Asset Management.
Bohara's resignation is effective September 29, 2025.
The Parag Parikh Flexi Cap Fund is adding an IDCW option.
Investors can choose Payout or Re-investment under the IDCW facility.
A 30-day exit window is available for unitholders.
- Who
- PPFAS Mutual Fund and Himanshoo Bohara
- What
- Bohara's resignation and changes to the Parag Parikh Flexi Cap Fund
- When
- Resignation effective September 29, 2025; exit window from October 1 to October 30, 2025
- Where
- PPFAS Asset Management
- Why
- Unspecified.
- CFO Resignation
- Himanshoo Bohara
- Effective Date of Resignation
- September 29, 2025
- Fund Update
- Parag Parikh Flexi Cap Fund
- New Option
- Income Distribution cum Capital Withdrawal (IDCW)
- IDCW Options
- Payout and Re-investment
- Exit Window
- October 1 to October 30, 2025