- 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 Long Term Equity 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.