Economy FundsIndia Review: Why you should consider Parag Parikh Long Term Equity Fund Updated : January 27, 2020 06:50 AM IST The fund invests in value stocks from across Indian and global companies. The fund can be an underperformer in momentum-based rallies. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.