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  • Four reasons why you should migrate from Internet SIP (iSIP) to eMandate

    • The same eMandate could be used for multiple SIPs and lump-sum purchases.

    • Benefit of same day NAV* for SIP instalments and T+1 working day NAV for lump-sum purchases (subject to transaction cut-off times).

    • Real-time SIP registration via Net Banking or Debit Card... as against a lead-time of 15 to 20 working days for iSIP.

    • Consequently, the first debit for new SIPs could happen as soon as 7 working days, as against nearly 30 days for iSIP.

    Unlike in the case of iSIP, eMandate does not require the unitholder to enter the SIP Registration Number (SRN) in their bank's portal. Delay in inserting this SRN has often caused the iSIP to expire, requiring unitholders to create a fresh iSIP.
    * Net Asset Value

    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
    © PPFAS Asset Management Private Limited. All rights reserved.
    Sponsor: Parag Parikh Financial Advisory Services Limited. [CIN: U67190MH1992PLC068970], Trustee: PPFAS Trustee Company Private Limited. [CIN: U65100MH2011PTC221203], Investment Manager (AMC): PPFAS Asset Management Private Limited. [CIN: U65100MH2011PTC220623]