Parag Parikh ELSS Tax Saver Fund

Transaction Timelines - Parag Parikh ELSS Tax Saver Fund

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Parag Parikh Flexi Cap Fund Parag Parikh Large Cap Fund Parag Parikh Liquid Fund Parag Parikh ELSS Tax Saver Fund Parag Parikh Conservative Hybrid Fund Parag Parikh Arbitrage Fund Parag Parikh Dynamic Asset Allocation Fund

Disclosure of payment options and their efficiency (Unit Allotment Timelines).

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
Kotak Bank
State Bank of India
Yes Bank
IDFC Bank

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)
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
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+2 Working Days
Received (Mon-Fri)	Any Amount	After 3.00 PM	Next business day	T+2 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) : Liquid to ELSS
Switch/Systematic Transfer Plan (STP) : Liquid to ELSS
Transaction Type	Amount	Cut off Time	Applicable NAV
Liquid to PPTSF	Any amount	Before 3:00 PM*	Switch out scheme (Liquid): same day NAV and Switch In scheme (PPTSF) :switch out settlement NAV date.
Liquid to PPTSF	Any amount	After 3:00 PM*	Switch out scheme (Liquid) : Next Business day NAV and Switch In scheme (PPTSF) :switch out settlement NAV date.

Switch/Systematic Transfer Plan (STP) : PPFCF to PPTSF
Transaction Type	Amount	Cut off Time	Applicable NAV
PPFCF to PPTSF	Any amount	Before 3:00 PM*	PPFCF : Same day NAV. PPTSF : NAV of T+2 Working Days of Switch-Out NAV date
PPFCF to PPTSF	Any amount	After 3:00 PM*	PPFCF : NAV of the next working day. PPTSF : NAV of T+2 Working Days of Switch-Out NAV Settlement date

Riskometer This product is suitable for investors who are seeking* (I) Long term capital appreciation (II) Investment predominantly in equity and equity related securities. *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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