Parag Parikh Liquid Fund
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Parag Parikh Liquid Fund (PPLF) is an open-ended scheme whose primary investment objective is to deliver reasonable (non-guaranteed) market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.

PPLF is a suitable option for investors who are seeking a low risk savings solution for short periods (usually, less than a year).

The key advantages of PPLF are:

  • It is a credible alternative to bank fixed deposits, enabling you to invest to deploy money for short periods.
  • It is a good option for those seeking a highly liquid option with no exit load.
  • You could use the proceeds from PPLF to systematically undertake transfers or Switches into other scheme/s offered by PPFAS Mutual Fund.
  • Direct Plan (i.e., investments not routed through distributor)
  • Regular Plan
Options
Sub-Options/ Facilities
Frequency of Dividend Record Date
Growth NA NA NA
Dividend
Daily Re-investment
Daily
All days for which NAV is published on
www.amfiindia.com
and
http://amc.ppfas.com
websites.
Weekly Re-investment Weekly Every Monday
Monthly Re-investment and Payout Monthly Last Monday of the Month

The Trustee/AMC reserves the right to change the record date from time to time

Purchase Additional Purchase
₹ 5,000 and in multiple of Re. 1 thereafter.
₹ 1,000 and in multiple of Re. 1 thereafter.

Please draw all cheques in favour of 'Parag Parikh Liquid Fund'

Minimum amount for monthly SIP, ₹ 1,000 and in multiple of Re. 1 thereafter

Minimum unit holder's account balance or minimum amount of application at the time of STP enrollment in the Transferor Scheme should be ₹ 6000/-

Minimum unit holder's account balance or minimum amount of application at the time of SWP enrollment in the Transferor Scheme should be ₹ 12000/-

In case you desire to transfer funds via NEFT/RTGS, the Bank details are provided below:

Bank Name
Branch
A/c Number Name of Account MICR IFSC Code
DBS Nariman Point 811200177764 PARAG PARIKH LIQUID FUND COLLECTION A/C 400641002 DBSS0IN0811
HDFC Bank Fort Branch 57500000144502
PARAG PARIKH LIQUID FUND COLLECTION A/C 400240015 HDFC0000060
ICICI Bank Free Press House, 215 Nariman Point, Mumbai 400 021.
000405116530 PARAG PARIKH LIQUID FUND COLLECTION A/C 400229002 ICIC0000004
Direct: 0.10% p.a.
Regular: 0.20% p.a.
Entry Load: Nil | Exit Load: Nil
Sr. No. Type of Instruments Normal allocation (% of Net Assets) Risk Profile
1 Money Market instruments (including cash, repo, CPs, CDs, Treasury Bills, CBLO and Government Securities with maturity/residual maturity up to 91 days) 80-100 Low
2 Debt instruments (including Floating rate debt instruments and securitised debt with maturity/residual maturity up to 91 days) 0-20 Low to Medium
The Scheme shall make investment in/ purchase debt and money market securities with maturity of up to 91 days only.

In case of securities with put and call options (daily or otherwise) the residual maturity shall not be greater than 91 days.

Inter-scheme transfers of Debt and Money Market Instruments in the Scheme shall be carried out in respect of securities with the maturity of up to 91 days.

The Scheme shall not engage into securities lending and borrowing.
Mr. Raj Mehta will serve as the Fund Manager for the Scheme. He is a Chartered Accountant and CFA Charterholder, and is associated with PPFAS Mutual Fund since 2012. He is currently acting as Debt Fund Manager for Parag Parikh Long Term Equity Fund (PPLTEF) since January 2016.


Riskometer


riskometerThis product is suitable for investors who are seeking
  • Income over short term
  • Investments in Debt/money market instruments
Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
© 2018 PPFAS Asset Management Private Limited. All rights reserved.
Sponsor: Parag Parikh Financial Advisory Services Private Limited. [CIN: U67190MH1992PTC068970], Trustee: PPFAS Trustee Company Private Limited. [CIN: U65100MH2011PTC221203], Investment Manager (AMC): PPFAS Asset Management Private Limited. [CIN: U65100MH2011PTC220623]