An Instant Access Facility available for Parag Parikh Liquid Fund. With this Insta Access Facility, you can receive redemption proceeds directly in your bank account through IMPS on the same day.
Access Funds with swift redemption
No paperwork or complicated process
Great for emergency or instant liquidity needs
Direct Plan – Growth
Regular Plan – Growth
Further, IAF request shall not be processed if the investor has submitted a change in bank account request in the previous 10 days
Limits apply per investor, per day, per scheme at PAN level (First holder PAN will be considered in case of joint holding)
This limit shall get reset at 12.00 A.M. every day.
| Application Time | NAV Applicable |
|---|---|
| Up to 3:00 PM |
the lower of: (i) Previous day’s NAV (ii) Same day’s NAV |
| After 3:00 PM |
the lower of: (i) Same day’s NAV (ii) Next day’s NAV |
Day refers to calendar day
^The 30-minute redemption timeline is subject to system availability and bank response times. Technical or banking delays may lead to extended processing durations. We will aim to process the redemptions on the same day.
Uniform cut-off timing for NAV applicability prescribed by SEBI from time to time shall be applicable.
No, this facility is available in both PPFAS SelfInvest and PPFAS CashFlex.
Insta Redemption Facility is available for both Direct and Regular Plans (Growth option). However, you can only avail the Insta Redemption Facility through PPFAS SelfInvest or PPFAS Cashflex.
No, Insta Redemption or Instant Access Facility is available only for Parag Parikh Liquid Fund (PPLF).
No, there is a maximum limit of ₹50,000 or 90% of redeemable balance (whichever is lower) for Insta Redemption Facility. In this case, you would be able to redeem up to Rs. 50,000.
Yes, since the Insta Redemption facility is available 24*7, 365 days, Insta Redemption requests can be placed even on non-working days, i.e., even on Saturday, Sunday and market holidays
Yes, as the Insta Redemption Facility is available 24*7, 365 days, you can receive redemption proceeds directly in your bank account through Immediate Payment Service(IMPS) on the same day, regardless of holidays. Subject to the condition that the provided bank details are valid and accurate, the registered bank account must be part of the Core Banking System (CBS), have a valid IFSC code, and be IMPS-enabled.
No, as per point 14.9 of SEBI Master Circular for Mutual Funds dated June 27, 2024, the monetary limit under Instant Access Facility (IAF) shall be INR 50,000/- or 90% of latest value of investment in the scheme, whichever is lower. There have been no revisions in the mandates since.
The Limit applies per investor, per day, per scheme at the PAN level, not per folio.
Yes, this can be done.
If there is insufficient balance on the date on which the STP transaction is triggered by the RTA due to an insta redemption, a partial amount will be processed. However, if the STP transaction is rejected due to a NIL balance, the system will automatically discontinue further STP.
An Open-ended Liquid Scheme. A Relatively Low Interest Rate Risk and Relatively Low Credit Risk.
This product is suitable for investors who are seeking*
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Riskometers and PRC of the debt scheme as on July 31, 2025
Note: Click here for Latest
Product Label of the Schemes.
Download SID/SAI and KIM here.
