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  • PPFAS Mutual Fund :: Investmemt Process : Parag Parikh Flexi Cap Fund
    AUM (₹ Crores)
    16,075.87
    As on September 30, 2021
    NAV (Direct Plan)
    54.0658
    As on Oct 22, 2021
    NAV (Regular Plan)
    51.1533
    As on Oct 22, 2021
    Insider Holdings
    Rs. 251.72 Cr.
    As on September 30, 2021

    In case of online applications, your money is usually debited as soon as you complete the application process. However, we often receive it only on the next working day (T+1) as all collections are pooled together and sent to us at one stroke by our payment gateway provider.

    However, we currently offer the 'Direct Credit Facility' to Account Holders of the following Banks (Net Banking Transactions only):

    • Axis Bank
    • HDFC Bank
    • ICICI Bank
    • State Bank of India
    This ensures that monies transferred by the Account holders of these Banks in the usual course via the Payment Gateway, will reach us virtually instantaneously. Consequently, your units can be allotted on the same day (for all Purchases undertaken prior to 3:00 PM).

    We intend to extend this facility to other Banks in due course.

    In case of other banks, you may choose to first transfer money via NEFT/RTGS to our Collection Accounts and then apply online, quoting the Unique Transaction Receipt (UTR) No. in your Application. Monies transferred via this method usually reach us within a couple of hours. However, there may be delays at times on account of issues within the banking system.

    Please contact us in case you have any queries in this regard.

    General Disclaimer : Delays in the banking system may cause delay in us receiving Credit in our Collection Accounts.

    Subscription Request (Fresh/Additional Purchase)
    Transaction Type Amount Cut off Time Credit confirmation Applicable NAV
    Application Received (Mon-Fri.)* Any Amount Before 3:00 PM Mandatory If credit and time stamped date and time is confirmed before 3:00 PM then same day NAV.
    Application Received (Mon-Fri.)* Any Amount After 3:00 PM Mandatory If credit and time stamped date and time is confirmed after 3:00 PM then NAV of the day and time when such credit is received.
    * : Working Days only All transactions submitted on non-working days will be processed on the next working day. ^NAV will be based on Funds available in Scheme accounts or time stamped date and time whichever is later.
    Redemption Request
    Transaction Type Amount Cut off Time Applicable NAV (Day 'T') Payout Schedule
    Received (Mon–Fri)* Any Amount Before 3:00 PM Same day T+3 Working Days
    Received (Sat.-Sun.) Any Amount After 3.00 PM Next business day T+3 Working Days
    * : Working Days only All transactions submitted on non-working days will be processed on the next working day.    
    Switch/Systematic Transfer Plan (STP)
    Transaction Type Amount Cut off Time Applicable NAV
    Liquid to PPFCF Any amount Before 3:00 PM* Switch out scheme (Liquid) :same day NAV and Switch In scheme (PPFCF) :switch out settlement NAV date.
    Liquid to PPFCF Any amount After 3:00 PM* Switch out scheme (Liquid): Next Business day NAV and Switch In scheme (PPFCF) :switch out settlement NAV date.
    PPFCF to Liquid Any amount Before 3:00 PM* Switch out scheme (PPFCF): same day NAV and Switch In scheme (Liquid): switch out settlement day minus one day NAV
    PPFCF to Liquid Any amount After 3:00 PM* Switch out scheme (PPFCF): next business day NAV and Switch In scheme (Liquid) :switch out settlement day minus one day NAV
    PPFCF to PPTSF Any amount Before 3:00 PM* Switch out scheme (PPFCF) :same day NAV and Switch In scheme (PPTSF): switch out settlement NAV date.
    PPFCF to PPTSF Any amount After 3:00 PM* Switch out scheme (PPFCF): next business day NAV and Switch In scheme (PPTSF) :switch out settlement NAV date.
    * : Working Days only All transactions submitted on non-working days will be processed on the next working day.    

    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
    © 2021 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]