PPFAS Mutual Fund has withdrawn the temporary suspension for acceptance of the transactions for Parag Parikh Flexi Cap Fund with effect from March 15, 2022.
The inflows received from March 15, 2022, will be deployed in the domestic securities as per the asset allocation of the scheme and would not amount to any fundamental attribute change in the scheme.
The fund manages assets worth Rs 20,412 crore as of February 2022. The fund house had stopped inflows in the scheme from February 2, 2022, as the industry had breached the overseas investment limit set by the Reserve Bank of India.