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Please draw all cheques in favour of 'Parag Parikh Liquid Fund'
Minimum amount for monthly SIP, Rs. 1,000 and in multiple of Re. 1 thereafter and for Quarterly SIP, Rs. 3,000 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 Rs. 6,000/- for Daily, Weekly, Fortnightly and Monthly option and Rs. 12,000/- for Quarterly option.
Minimum unit holder's account balance or minimum amount of application at the time of SWP enrollment in the Transferor Scheme should be Rs. 12,000/-
Download SID/SAI and KIM here.
An open-ended Liquid Scheme. A Relatively Low Interest Rate Risk and Relatively low Credit Risk
The primary investment objective of the Scheme is to deliver reasonable 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 achieved 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 cash management solution — for those seeking high liquidity & the flexibility to deploy money for short periods.
- Insta Redemption up to ₹50,000 or 90% of latest holding value of investment (whichever is lower)—redemption proceeds are credited directly to your bank account within 30 minutes^. For details on Insta Redemption, kindly visit - https://amc.ppfas.com/instant_access_facility/
- No exit load levied after six days.
- You could use the proceeds from PPLF to systematically undertake transfers or Switches into other scheme/s offered by PPFAS Mutual Fund. Switch transactions are subject to applicable cut-off timings and NAV rules as per SEBI Mutual Funds regulations.
^The 30-minute redemption timeline is subject to system availability and bank response times. Technical or banking delays may lead to extended processing durations. We will aim to process the redemptions on the same day
- Direct Plan (i.e., investments not routed through distributor)
- Regular Plan
| Options |
Sub-Options/ Facilities |
Frequency of Income Distribution cum Capital Withdrawal Option | Record Date |
|---|---|---|---|
| Growth | NA | NA | NA |
| Income Distribution cum Capital Withdrawal Option |
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, Rs. 1,000 and in multiple of Re. 1 thereafter and for Quarterly SIP, Rs. 3,000 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 Rs. 6,000/- for Daily, Weekly, Fortnightly and Monthly option and Rs. 12,000/- for Quarterly option.
Minimum unit holder's account balance or minimum amount of application at the time of SWP enrollment in the Transferor Scheme should be Rs. 12,000/-
In case you desire to transfer funds via NEFT/RTGS, the Bank details are provided below:
Please note : The Bank Accounts mentioned below, pertain only to Parag Parikh Liquid Fund. Please do not deposit the Application Money for any other Scheme.
We will be compelled to reject such erroneous Applications and refund the amount within five working days.
We will be compelled to reject such erroneous Applications and refund the amount within five working days.
| Bank Name |
Type of Account |
A/c Number | Name of Account | IFSC Code |
|---|---|---|---|---|
| AXIS Bank | COLLECTION |
918020038138452 | PARAG PARIKH LIQUID FUND COLLECTION A/C | UTIB0000004 |
| HDFC Bank | COLLECTION | 57500000144502 |
PARAG PARIKH LIQUID FUND COLLECTION A/C | HDFC0000060 |
| ICICI Bank | COLLECTION |
000405116530 | PARAG PARIKH LIQUID FUND COLLECTION A/C | ICIC0000004 |
| Kotak Mah Bank | COLLECTION |
3113187781 | PARAG PARIKH LIQUID FUND COLLECTION A/C | KKBK0000958 |
| State Bank of India | COLLECTION |
37669770012 | PARAG PARIKH LIQUID FUND COLLECTION A/C | SBIN0011777 |
| Yes Bank | COLLECTION |
000485700001305 | PPFAS MUTUAL FUND COLLECTION ACCOUNT | YESB0000004 |
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Mutual Fund shall levy exit load on investors who exit the Liquid Fund within 7 calendar days of their investment on a graded basis. As per SEBI norms, the Exit Load to be charged is as follows:
| Investor Exit upon subscription |
Exit Load as a % of redemption proceeds |
|---|---|
| Day 1 | 0.0070% |
| Day 2 | 0.0065% |
| Day 3 | 0.0060% |
| Day 4 | 0.0055% |
| Day 5 |
0.0050% |
| Day 6 | 0.0045% |
| Day 7 Onwards | 0.0000% |
| Instruments |
Indicative allocations (% of net assets) |
Risk Profile | ||
|---|---|---|---|---|
| Minimum | Maximum | (High/Medium/Low) | ||
|
Money Market instruments* (including cash, repo, CPs, CDs, Treasury Bills, TREPs/CBLO and Government Securities with maturity/residual maturity up to 91 days) |
80% | 100% | Low | |
|
Debt instruments (including Floating rate debt instruments and securitised debt with maturity/residual maturity up to 91 days) |
0% | 20% | Low to Medium | |
Note: Please refer to the Scheme Information Document for detailed Asset allocation.
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.
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.
Parag Parikh Liquid Fund
This product is suitable for investors who are seeking*
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. 
|
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| Mutual Fund investments are subject to market risks, read all scheme related documents carefully. |
Download SID/SAI and KIM here.
