New Delhi, Nov. 14 -- In an industry known for frequently launching new schemes, PPFAS Asset Management Pvt. Ltd stands out for its minimalist approach. Since debuting its flagship flexi-cap mutual fund in May 2013, the fund house has launched only five more schemes, with the original fund remaining its most popular offering.

Now, the fund house is gearing up to launch a large-cap fund. It has filed a draft scheme information document (SID) with the Securities and Exchange Board of India (Sebi) for the Parag Parikh Large Cap Fund, sparking considerable interest among investors.

There are questions about whether the scheme will differ significantly from other large-cap funds, or if it will overlap with the fund house's own flexi-cap offe...