How an obscure PPFAS morphed into India’s Berkshire Hathaway

Parag Parikh Financial Advisory Services, also known as PPFAS, has been dubbed India's Berkshire Hathaway due to its spectacular growth and flagship Flexicap Fund, which has grown 200 times in size since its 2013 launch. PPFAS takes a unique approach to investing with just one scheme on its menu that invests across market segments and international stocks. Despite initial challenges, the AMC's success has been attributed to its radical approach, professional focus, and long-term investment strategy. However, critics argue that PPFAS's performance is reliant on US tech stocks and international investments.

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