PPFAS SelfInvest

• Our Registrar, CAMS, has a policy of not sending the Online Password (PPIN) to applicants opting for units in 'Demat' Form. Hence you will have to undertake all further purchases through the offline route.
• Also, though units of 'Parag Parikh Flexi Cap Fund' will be offered on the NSE MFSS and BSE StAR platforms soon, unitholders who have currently chosen the 'Direct Plan' will not be able to purchase further units nor redeem them through the Stock Exchanges in their existing folio. This is because all transactions for our units will only be conducted under the 'Regular Plan'. Hence you will have to approach your Depository Participant (DP) directly if you want to redeem.

Also, though the cut-off time for submission to your DP is the same as that of CAMS (3:00 PM), any delay by the DP in communicating your redemption request to CAMS, could result in you not receiving that day's NAV. Neither PPFAS Mutual Fund, nor CAMS will be responsible for such delays, on your DP's part. Hence, as a matter of abundant precaution, we suggest you submit your redemption request to your DP by 2:00 PM.

Please attach the relevant 'NEFT Payment Confirmation (UTR No.) along with your application before submitting to CAMS or to PPFAS Mutual Fund's office.

In case of applications below ₹ 2 lakhs:

Units will be allotted either as per the date of NEFT debit in your bank account or the date and time of the CAMS time stamp, whichever is later.

For instance, if you effect a payment of ₹ 10000/- on 26/03/2014 vide NEFT and submit your duly completed application to CAMS before 3:00 PM on the same day, you will receive units based on the NAV of 26/03/2014. However, if you submit the same to CAMS on 27/03/14, you will receive units as per the NAV of 27/03/14.

In case the application amount is equal to or over ₹ 2 lakhs:

Units will be allotted, as per the date of credit in our abovementioned HDFC Bank account or the date and time of the CAMS time stamp, whichever is later. This may differ from the date that the amount is debited from your Account.

For instance, if you effect a payment of ₹ 2,00,000/- on 26/03/2014 vide NEFT and submit your duly completed application to CAMS before 3:00 PM on the same day, but we receive the credit for this amount on 27/03/2014, then you will receive units based on the NAV of 27/03/2014.