PPFAS Mutual Fund

PPFAS Asset Management Private Limited

Corporate Office: 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai 400 021.
Tel No.: 91-22-61406555 | Fax No.: 91-22-61406590 | Email: ppfasmf@ppfas.com | Website : www.amc.ppfas.com

Monthly Portfolio Statement of the Scheme/s of PPFAS MUTUAL FUND as on February 28, 2018

Name of the Scheme: Parag Parikh Long Term Equity Fund (An Open Ended Equity Scheme)
Market/ Fair
Sr.No. Name of the Instrument ISIN Industry + Quantity Value ( Rs. in % to NAV
Lakhs)

EQUITY & EQUITY RELATED

a) Listed
Core Equity
1 HDFC Bank Ltd INE040A01026 Banks 369,070.00 6,954.02 6.81%

2 Bajaj Holdings & Investment Ltd INE118A01012 Finance 240,482.00 6,549.65 6.41%

3 Persistent Systems Ltd INE262H01013 Software 705,517.00 6,033.93 5.91%

4 Balkrishna Industries Ltd INE787D01026 Auto Ancillaries 458,430.00 4,981.76 4.88%

5 Zydus Wellness Ltd INE768C01010 Consumer Non Durables 386,160.00 4,831.83 4.73%

6 Mphasis Ltd(prev)Mphasis BFL Ltd INE356A01018 Software 333,711.00 2,868.91 2.81%

7 Axis Bank Ltd INE238A01034 Banks 505,179.00 2,671.13 2.61%

8 ICICI Bank Ltd INE090A01021 Banks 830,467.00 2,601.44 2.55%

9 Maharashtra Scooters Ltd INE288A01013 Auto Ancillaries 107,222.00 2,601.10 2.55%

Hotels, Resorts and Other
10 Mahindra Holidays & Resorts India Ltd INE998I01010 861,421.00 2,502.86 2.45%
Recreational Activities

11 Indraprastha Gas Ltd INE203G01027 Gas 679,868.00 2,071.56 2.03%

12 IPCA Laboratories Ltd INE571A01020 Pharmaceuticals 236,663.00 1,592.39 1.56%

13 ICRA Ltd INE725G01011 Finance 37,835.00 1,454.55 1.42%

14 Dr.Reddys Laboratories Ltd INE089A01023 Pharmaceuticals 65,000.00 1,454.21 1.42%

15 Lupin Ltd INE326A01037 Pharmaceuticals 144,800.00 1,187.29 1.16%

16 Pfizer (I) Ltd INE182A01018 Pharmaceuticals 33,600.00 763.46 0.75%

Special Situation / Arbitrage

17 Century Textiles Industries Ltd. INE055A01016 Cement 284,900.00 3,476.49 3.40%

18 ITC Ltd INE154A01025 Consumer Non Durables 991,200.00 2,627.18 2.57%

19 Bharti Airtel Ltd INE397D01024 Telecom - Services 593,300.00 2,542.59 2.49%

20 Maruti Suzuki India Ltd INE585B01010 Auto 21,900.00 1,938.36 1.90%

21 State Bank Of India Ltd INE062A01020 Banks 555,000.00 1,487.40 1.46%

22 Yes Bank Ltd INE528G01027 Banks 374,500.00 1,207.01 1.18%

23 LIC Housing Finance Ltd INE115A01026 Finance 199,100.00 1,011.03 0.99%

24 Bank of Baroda INE028A01039 Banks 588,000.00 834.67 0.82%

25 Sun Pharmaceuticals Industries Ltd INE044A01036 Pharmaceuticals 106,700.00 571.22 0.56%

26 SUN PHARMA-28MAR2018 FUT # Pharmaceuticals -106,700.00 -574.21 -0.56%

27 BANK OF BARODA-28MAR2018 FUT # Banks -588,000.00 -839.96 (0.82%)

28 LIC HSG FINANCE-28MAR2018 FUT # Finance -199,100.00 -1,016.11 (0.99%)

29 YES BANK-28MAR2018 FUT # Banks -374,500.00 -1,213.38 (1.19%)

30 SBIN-28MAR2018 FUT # Banks -555,000.00 -1,494.89 (1.46%)

31 MARUTI SUZUKI-28MAR2018 FUT # Auto -21,900.00 -1,949.10 (1.91%)

32 BHARTI ARTL-28MAR2018 FUT # Telecom - Services -593,300.00 -2,554.16 (2.50%)

33 ITC-28MAR2018 FUT # Consumer Non Durables -991,200.00 -2,641.05 (2.59%)

34 CENTURY TEX-28MAR2018 FUT # Cement -284,900.00 -3,488.74 (3.42%)

Foreign Securities / ADRs / GDRs

35 Alphabet INC US02079K1079 Software 15,093.00 10,997.90 10.77%

36 Facebook INC US30303M1027 Software 42,580.00 5,034.62 4.93%

37 Suzuki Motor Corp (ADR) * US86959X1072 Auto 24,300.00 3,673.45 3.60%

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 38 3M CO US88579Y1010 Industrial Conglomerates 17,755.00 2,785.61 2.73%

39 Nestle SA-ADR * US6410694060 Packaged Foods 40,690.00 2,141.23 2.10%

40 International Business Machines Corp US4592001014 IT Consulting & Other Services 20,920.00 2,134.00 2.09%

41 CUR_USDINR-26MAR2018 FUT # Misc. -38,600,000.00 -25,211.59 (24.68%)

b) Unlisted NIL NIL NIL

Total 93,582.83 91.60% 91.60%

Cash & Cash Equivalent

MONEY MARKET INSTRUMENTS
Bills Rediscounting NIL NIL
Commercial Papers (CP) / Certificate Of Deposit (CD) NIL NIL
Treasury Bills NIL NIL
Collateralised Borrowing & Lending Obligation (Net Payable) 1,790.00 1.75% 1.75%
FIXED DEPOSIT
HDFC Bank Ltd. (maturity not exceeding 91 days) 900.00 0.88% 0.88%
TERM DEPOSITS PLACED AS MARGIN
HDFC Bank Ltd. (maturity not exceeding 91 days) 5.00 0.00% 0.00%

Cash Margin for Derivative Transactions 3,585.78 3.51% 3.51%

Total 6,280.78 6.15%

NET CURRENT ASSET 2,295.65 2.25% 2.25%

Grand Total 102,159.26 100.00%

Notes:
(1) Total NPAs provided for and its percentage to NAV: Nil
(2) Total value and percentage of Illiquid Equity Shares: Nil
(3) Plan wise per unit Net Asset Value are as follows:
Plan / Option February 01, 2018 (Rs.) February 28, 2018 (Rs.)
Direct Plan 24.6148 24.1580
Regular Plan 24.0194 23.5640
Face Value per unit = Rs.10/-
(4) No Dividend declared during the period ended February 28, 2018
(5) No Bonus declared during the period ended February 28, 2018
(6) Total outstanding exposure in derivative instruments as on February 28, 2018: Rs.(4,098,318,525.00)
For details on derivatives positions for the period ended February 28, please refer to derivatives disclosure table
(7) Total investment in Foreign Securities / ADRs / GDRs as on February 28, 2018: Rs.2,676,680,988.53
(8) Total Commission paid in the month of February 2018: 700,999.64
(9) Total Brokerage paid for Buying/ Selling of Investment for February 2018 is Rs.1,092,372.91
(10) Portfolio Turnover Ratio (Including Equity Arbitrage): 163.22%
(11) Portfolio Turnover Ratio (Excluding Equity Arbitrage): 13.62%
(12) Repo in Corporate Debt: Nil

# Derivative Position
+ Industry Classification as recommended by AMFI
* Traded on US OTC Markets
@ Includes Redemption & Purchase Contracts Pay-In

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 PPFAS Mutual Fund

PPFAS Asset Management Private Limited

Corporate Office: 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai 400 021.
Tel No.: 91-22-61406555 | Fax No.: 91-22-61406590 | Email: ppfasmf@ppfas.com | Website : www.amc.ppfas.com

Parag Parikh Long Term Equity Fund (An Open Ended Equity Scheme)

DETAILS OF INVESTMENT IN DERIVATIVE INSTRUMENTS OF PARAG PARIKH LONG TERM EQUITY FUND AS ON FEBRUARY 28,
2018

A. Hedging Positions through Futures as on February 28, 2018

Sr. No. Underlying Long / Short Future Price when Current Price of the Margin maintained
Purchased Contract (Rs. In lakhs)

(a) Equity Future

1 BHARTI ARTL-28MAR2018 FUT (593,300) 420.72 430.50
2 BANK OF BARODA-28MAR2018 FUT (588,000) 144.88 142.85
3 CENTURY TEX-28MAR2018 FUT (284,900) 1,186.67 1,224.55
4 ITC-28MAR2018 FUT (991,200) 265.36 266.45
5 LIC HSG FINANCE-28MAR2018 FUT (199,100) 513.65 510.35 2,964.44
6 MARUTI SUZUKI-28MAR2018-FUT (21,900) 8,768.72 8,900.00
7 STATE BANK OF INDIA-28MAR2018 FUT (555,000) 271.57 269.35
8 SUN PHARMA-28MAR2018 FUT (106,700) 552.89 538.15
9 YES BANK-28MAR2018 FUT (374,500) 309.50 324.00
(b) Currency Future
1 CUR_USDINR-26MAR2018 FUT (38,600,000) 64.18 65.32 621.34

Total %age of existing assets hedged through futures: 15.36%

Note: In addition to this, 26.20% of our Portfolio is in Foreign Securities (USD) and 2.73% is in Foreign Currency (USD). 85.31% of total Foreign Portfolio
(USD) is hedged through Currency Derivatives to avoid currency risk.

For the month of February 28, 2018 following were the Hedging transactions through futures which have been squared off / expired:

Sr. No. Total Number of contracts where Total Number of Gross Notional Value Gross Notional Value Net Profit/(Loss)
futures were bought contracts where of Contracts where of Contracts where value on all
futures were sold futures were bought futures were sold Contracts combined
(Rs.in lakhs) (Rs.in lakhs) (Rs.in lakhs)

1 9,894 9,894 17,565.88 19,193.58 1,627.70

Note: Derivatives positions are taken to hedge against currency fluctuation and towards arbitrage trades.

B. Other than Hedging Position through Future as on February 28, 2018: Nil

C. Hedging Position through Put Options as on February 28, 2018: Nil

D. Other than Hedging Position through Options as on February 28, 2018: Nil

E. Hedging Positions through swaps as on February 28, 2018: Nil

Statutory Information: PPFAS Mutual Fund has been set up as a Trust and Settlor/ Sponsor is Parag Parikh Financial Advisory Services
Private Limited. Trustees: PPFAS Trustee Company Private Limited. Investment Manager: PPFAS Asset Management Private Limited.

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Statutory Information: PPFAS Mutual Fund has been set up as a Trust and Settlor/ Sponsor is Parag Parikh Financial Advisory Services
Private Limited. Trustees: PPFAS Trustee Company Private Limited. Investment Manager: PPFAS Asset Management Private Limited.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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1627.70

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