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PPFAS Long Term Value – New mutual fund , but can I invest ?

This is a new AMC and a new fund with only about 6 months in operation. Now I understand that normally new AMCs or funds are not recommended for investments, but I like this company’s philosophy and their performance in last 6 months is also good.

But I see the negatives as well – the fund managers do not have much experience, so I am conflicted.

For more info on the fund: http://www.valueresearchonline.com/funds/portfoliovr.asp?schemecode=19701

To know about the AMC: http://amc.ppfas.com/index.php#axzz2rzsUJrLJ

What are your opinions on this fund? Any similar fund that I can invest in, instead?

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