PPFAS Mutual Fund has launched 'PPFAS Self Invest', a mobile application available on Android and iOS. Existing investors can register for 'PPFAS Self Invest' after completing a simple one-time-password (OTP) based registration process and choosing their mobile personal identification number (M-PIN) for each Folio.
"Keeping the pace in this digitisation era, we are pleased to announce the launch of our new mobile application 'Self Invest'. The new app will free users from the confines of their desktop and empower new as well as existing investors to seamlessly transact and view their holdings on demand, from their Android and iOS (Apple) enabled devices," said Neil Parag Parikh, Chairman and CEO, PPFAS Mutual Fund.
New investors who are KRA/KIN (CKYC) compliant, would be able to create their folios online. Investors can create new folios, purchase additional units, redeem units and switch units between plans, using this application. This mobile app can also be used by investors to initiate Systematic Investment Plans online (iSIPs).
The new mobile application will also give investors the option to sent their account statements to their e-mail ID and view the latest factsheet.
Neil Parag Parikh added that, "Share of mobile phone users in India is increasing consistently and we are seeing online activity continues to shift to mobile. The new app will provide ease to the existing and new customers while on the go."
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