Name of the Scheme
Parag Parikh Long Term Equity Fund
To seek to generate long term capital growth from an actively managed portfolio of equity and equity related securities.
Type of the scheme
An Open Ended Equity Scheme
Date of Allotment
May 24, 2013
Minimum Application Amount
New Purchase: ₹ 1,000;
Additional Purchase: ₹ 1,000;
Monthly SIP: ₹ 1,000;
Quarterly SIP: ₹ 3,000;
Expense Ratio with effect from 1st April, 2019*
Regular Plan: 1.97%*
Direct Plan: 1.22%*
* Exclusive of GST on management fees.
2.00 % if the investment is redeemed on or before 365 days from the date of allotment of units
1.00 % if the investment is redeemed after 365 days but on or before 730 days from the date of allotment of units.
No Exit Load will be charged if investment is redeemed after 730 days from the date of allotment of units.