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Parag Parikh, director, Parag Parikh Financial Advisory Services (PPFAS) points at other attributes to consider: "We can observe factors like the treatment of minority shareholders," he says.
When Parekh signed up for Portfolio Management Services (PMS) with Mumbai-based Parag Parikh Financial Advisory Services 11 years ago, a long-term wealth-building strategy was the priority for him.
Parag Parikh, director, Parag Parikh Financial Advisory Services (PPFAS), says, "We prefer to own businesses that keep doing well over a long period.