Parag Parikh Long Term Value Fund (PLTVF) is suitable for all investors who are willing to commit their investible surplus to the stockmarket for a period of five years or more and are seeking a mutual fund scheme which adheres to the time-tested principles of value investing. Our portfolio only includes those stocks which conform to our strict stock selection filters. Robust and disciplined processes guide our actions. We ignore factors such as market momentum, current market fancies, etc. We also steadfastly follow a buy-and-hold approach, which automatically results in a low churn ratio and consequently results in reduced transaction costs for our investors.
What is the asset allocation pattern for PLTVF?
Under normal circumstances the scheme corpus will be allocated as under:
Type of Security
Minimum Alloction (% of net assets)
Maximum Alloction (% of net assets)
Equity Equity Related Instruments
Medium to High Risk
Debt instruments, Money Market Securities
Low to Medium Risk
Foreign Equity and equity related instruments
Medium to High Risk
What is the benchmark of the fund?
PLTVF's performance would be benchmarked against the Nifty 500.
These three indices are a broad based measurement of changes in the stock market, is used for comparative purposes only, and is not meant to be indicative of the Fund’s performance, asset composition or volatility. Given the wide scope of securities held by these three indices, it should be inherently less volatile. Our results may differ markedly from those of the three indices in either up or down market trends.
What are the different plans/options available in the PLTVF?
Currently, the scheme offers only the Growth Option.
What is the scheme's expense ratio?
It is a maximum of:
1.80% for the Direct Plan
2.30% for the Regular Plan
Who can invest in PLTVF?
Almost anyone can invest in the PLTVF including...
Resident adult individuals either singly or jointly (not exceeding three);or on an Anyone or Survivor basis.
Karta of Hindu Undivided Family (HUF).
Minors through parent/legal guardian.
Companies, Bodies Corporate, Public Sector Undertakings, Association of Persons or bodies of individuals and Societies registered under the Societies Registration Act,1860.
Banks & Financial Institutions.
Mutual Funds registered with SEBI.
Religious and Charitable Trusts, Wakfs or endowments of private trusts (subject to receipt of necessary approvals as required) and Private trusts authorized to invest in mutual fund schemes under their trust deeds.
Non-Resident Indians (NRIs)/Persons of Indian origin residing abroad (PIO) on repatriation basis or on non-repatriation basis.
Foreign Institutional Investors (FIIs) registered with SEBI on repatriation basis.
Army, Air Force, Navy and other para-military units and bodies created by such institutions.
Scientific and Industrial Research Organizations.
Multilateral Funding Agencies/Bodies Corporate incorporated outside India with the permission of Government of India/ Reserve Bank of India.
Other schemes of Mutual Funds subject to the conditions and limits prescribed by SEBI Regulations.
Trustee, AMC or Sponsor or their associates may subscribe to Units under the Scheme.
Such other individuals/institutions/body corporate etc., as may be decided by the Mutual Fund from time to time, so long as wherever applicable they are in conformity with SEBI Regulations.
We suggest you do not invest in PLTVF if
You track mutual fund Net Asset Values everyday.
To you, the term 'Long Term” is merely a year or two.
You believe that investing should be 'exciting'
You fear, rather than welcome, stock market volatility
You believe you have the ability to time the market
You are impressed by fund managers who profess to be magicians
You prefer complex mutual fund products to simple ones.
You depend on periodic income in the form of mutual fund dividends
For Offline Investors
Investors who would like to invest in the PLTVF offline can download the Application form, complete it and submit it to any of the Collection Centers along with a cheque/demand draft, payable locally payable to "Parag Parikh Long Term Value Fund">
",along with a certified copy of their PAN Card copy and KRA Acknowledgement letter.
Organizations interested in investing in PLTVF can refer to the checklist of documents required at the time of Offline Investing in the scheme.
Authorization to invest
List of authorized Signatories & specimen signatures
Memorandum & articles of Association
Overseas auditor's certificate
Notarised Power of Attorney
PAN/Form 49A/60/KYC letter
Applicable timelines for subscriptions and redemptions
Subscription - If a valid application form amounting to less than Rs. 2 lakhs is received and time-stamped before 3 PM. on any business day the investor will be allotted units at the Net Asset Value (NAV) of the same day. If it is received and time-stamped after 3 PM, the investor will receive the NAV of the next day.
If a valid application form amounting to more than Rs. 2 lakhs is received and time-stamped either before or after 3 PM. on any business day the investor will be allotted units at the Net Asset Value (NAV) of the day when the funds are realised.
Redemption - If a valid redemption request is received and time-stamped before 3 PM. on any business day, the investor will receive the proceeds at the NAV of the same day. If it is received and time-stamped after 3 p.m., the NAV considered will be of the next day.
The same timelines would apply for transactions conducted through .
Please note:Our online distribution partners may follow a timeline other than the ones mentioned above. Please refer to the individual portal's deadline whenever investing / redeeming through any of them.