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PPFAS Mutual Fund to launch conservative hybrid fund By IANS | 3 Views SEBI may issue norms for minimum holding in liquid assets for MFs. Image Source: IANS News Chennai, May 5 : PPFAS Mutual Fund on Wednesday said it will launch Parag Parikh Conservative Hybrid Fund. The scheme which opens on May 7 and closes May 21 aims to generate regular income through investments predominantly in debt and money market instruments. The minimum investment shall be Rs 5,000 and in multiples of Re 1 thereafter. The scheme will reopen on 28 May 2021. According to PPFAS, the proposed scheme also s...