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Transfer funds through NEFT/RTGS, Bank-To-Bank Transfer or Cheques
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Transfer Funds through NEFT/RTGS, Bank-To-Bank Transfer or Cheques

From February 1, 2021, allotment of units in all our Schemes will only be made once we actually receive your Application Money in the respective Scheme Collection Account.

Hence, in order to avoid delay in allotment, you could avail of the 'Fund Transfer' option within PPFAS Selfinvest. This is how it goes:

  • Add our Collection Account to the list of Payees within your bank.

    • Please note : The Bank Accounts mentioned below, pertain only to Parag Parikh Flexi Cap Fund. Please do not deposit the Application Money for any other Scheme.

    In case of any erroneous transactions, PPFAS Asset Management Private Limited (the Asset Management Company) will process the application as per its Business Rule. i.e the Scheme Name mentioned in the Application Form / Log File.
    Bank Name Branch A/c Number Name of Account Type of
    Account    		 RTGS/ NEFT/ IFSC Code
    HDFC Bank Ltd. Fort Branch 00600350114382 Parag Parikh Flexi Cap Fund Collection A/c Current
    Account    		 HDFC0000060
    ICICI Bank Free Press House, 215 Nariman Point, Mumbai 400 021.
    		 000405105807
    		 Parag Parikh Flexi Cap Fund Collection A/c Current
    Account    		 ICIC0000004
    Please note : The Bank Accounts mentioned below, pertain only to Parag Parikh Liquid Fund. Please do not deposit the Application Money for any other Scheme.

    In case of any erroneous transactions, PPFAS Asset Management Private Limited (the Asset Management Company) will process the application as per its Business Rule. i.e the Scheme Name mentioned in the Application Form / Log File.
    Bank Name
    		 A/c Number Name of Account Type of Account
    		IFSC Code
    AXIS Bank 918020038138452 PARAG PARIKH LIQUID FUND COLLECTION A/C Current
    Account
    		UTIB0000004
    HDFC Bank 57500000144502
    		 PARAG PARIKH LIQUID FUND COLLECTION A/C Current
    Account    		 HDFC0000060
    ICICI Bank 000405116530 PARAG PARIKH LIQUID FUND COLLECTION A/C Current
    Account
    		 ICIC0000004
    Kotak Mah Bank 3113187781 PARAG PARIKH LIQUID FUND COLLECTION A/C Current
    Account
    		KKBK0000958
    State Bank of India 37669770012 PARAG PARIKH LIQUID FUND COLLECTION A/C Current
    Account
    		SBIN0011777
    Yes Bank 000485700001305 PPFAS MUTUAL FUND COLLECTION ACCOUNT Current
    Account
    		YESB0000004
    Please note : The Bank Account mentioned below, pertain only to Parag Parikh ELSS Tax Saver Fund. Please do not deposit the Application Money for any other Scheme.

    In case of any erroneous transactions, PPFAS Asset Management Private Limited (the Asset Management Company) will process the application as per its Business Rule. i.e the Scheme Name mentioned in the Application Form / Log File.
    Bank Name A/c Number Name of Account Type of Account RTGS/ NEFT/ IFSC Code
    HDFC Bank 57500000331533 Parag Parikh ELSS Tax Saver Fund Collection A/c Current
    Account    		 HDFC0000060
    Please note : The Bank Account mentioned below, pertain only to Parag Parikh Conservative Hybrid Fund. Please do not deposit the Application Money for any other Scheme.

    In case of any erroneous transactions, PPFAS Asset Management Private Limited (the Asset Management Company) will process the application as per its Business Rule. i.e the Scheme Name mentioned in the Application Form / Log File.
    Bank Name A/c Number Name of Account Type of Account RTGS/ NEFT/ IFSC Code
    HDFC Bank Limited 57500000626134 Parag Parikh Conservative Hybrid Fund Collection A/c Current
    Account    		 HDFC0000060
    Please note : The Bank Account mentioned below, pertain only to Parag Parikh Arbitrage Fund. Please do not deposit the Application Money for any other Scheme.

    In case of any erroneous transactions, PPFAS Asset Management Private Limited (the Asset Management Company) will process the application as per its Business Rule. i.e the Scheme Name mentioned in the Application Form / Log File.
    Bank Name A/c Number Name of Account Type of Account RTGS/ NEFT/ IFSC Code
    HDFC Bank Limited 57500001301134 Parag Parikh Arbitrage Fund Collection A/c Current
    Account    		 HDFC0000060
    Bank Name A/c Number Name of Account Type of Account RTGS/ NEFT/ IFSC Code
    HDFC Bank 57500001433531 Parag Parikh Dynamic Asset Allocation Fund Collection A/c Current
    Account    		 HDFC0000060
    Bank Name A/c Number Name of Account Type of Account RTGS/ NEFT/ IFSC Code
    HDFC Bank 57500001882642 PARAG PARIKH LARGE CAP FUND Current
    Account    		 HDFC0000060


General Guidelines Applicable to All Schemes of PPFAS Mutual Fund:
  • Transfer the Funds either through NEFT/RTGS or the 'Transfer Within Bank Option' (in case of Axis, HDFC Bank, ICICI Bank and SBI Account holders) and note down the Unique Transaction Receipt Number (UTR No.)
  • Log-in to PPFAS Selfinvest.
  • Begin the Application process.
  • Select the NEFT/RTGS or Bank Transfer option and enter the UTR in the provided box, along with the debit proof.
  • Complete the Application and submit it online.
  • Allotment will be undertaken in accordance with the prevailing SEBI Regulations in this regard.

You may contact us if you need to ask or tell us something in this regard.