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PPFAS Mutual Fund :: News

News

Scheme Name Change
September 16, 2016

We write this in order to inform you that your scheme's name has changed from 'PPFAS Long Term Value Fund' to 'Parag Parikh Long Term Value Fund'. This Change is effective from 16th September 2016. Read more here.

 
Neil Parikh takes over as the CEO
May 25, 2015

Neil Parikh has been appointed as Associate Director, Chairman and Chief Executive Officer of PPFAS Asset Management Company Limited. His profile can be viewed here.

 
The Legacy @ PPFAS Lives On.....
May 04, 2015

It is with a very heavy heart we would like to inform you about sudden tragic death of our beloved founder and mentor Parag Parikh. He was a true believer in long term value investing and a person of unquestioned integrity. He also believed in practicing what he preached. As a mark of a true leader, he leaves behind an entire organisation which functions according to his philosophy.

It is upon us to fulfill his dream of creating a truly investor-centric investment company with a very high level of integrity. We seek your moral support to keep his legacy alive.

 
Non-business day
April 13, 2015

April 14, 2015 will be non-business days for , owing to Dr. BabaSaheb Ambedkar Jayanti.

 
Non-business days
March 31, 2015

April 2 and 3, 2015 will be non-business days for , owing to Mahavir Jayanti and Good Friday, respectively.

 
Business on April 1, 2015
March 31, 2015

April 1, 2015 is a regular business day. Units will be allotted as per extant SEBI Regulations. The payout for redemptions undertaken on April 1, 2015 will take place on April 8, 2015. This delay is on account of the bank holidays in the intervening period.

 
Non-business days on 23rd and 24th October 2014
October 22, 2014

On account of "Diwali", 23rd October 2014 and 24th October 2014 will be non-business days for . All redemption payouts scheduled for the above dates will be deferred to the next business day. Please check NAV applicability before investing.

 
You can now transact in on BSE StAR MF Platform and NSE MFSS Platform
September 10, 2014

BSE StAR MF Platform:

  • PP001RG-GR Regular Plan: Subscription above 2 Lakhs
  • PP001RG-GR-L1: Subscription below 2 Lakhs & Redemption (in units) so no upper Limit
  • PP001ZG-GR Direct Plan: Direct Plan schemes are for Redemption only.
NSE MFSS Platform:
  • DBTCR: Subscription above 2 Lakhs
  • EQITY: Subscription below 2 Lakhs & Redemption (in units) so no upper Limit
  • Direct Plan schemes are for Redemption only.

Call your stockbroker/mutual fund distributor for the same...

 
Introduction of exit load for
June 25, 2014

In keeping with our credo of serving long-term investors (and as a corollary, discouraging short-term churners) we have introduced an exit load in w.e.f. July 7, 2014.

This is only applicable to lumpsum purchases and SIPs commencing on or after July 7.

As we have always maintained, our scheme is suitable for investors with an investment horizon for five years or more.

Click here to know more...

 
Thursday, May 01, 2014 is a non-business day
April 29, 2014

On account of "Maharashtra Day" Thursday, 01 May 2014 has been declared a non-business day for . All redemption payouts scheduled for this date will also be deferred to the next business day (Friday May 2, 2014).

 
Thursday, April 24, 2014 is a non-business day
April 23, 2014

Thursday, April 24, 2014 is a non-business day for , as the stock exchanges are closed on account of the Lok Sabha elections.

 
Friday, April 18, 2014 has been declared a non-business day
April 16, 2014

On account of "Good Friday" Friday, April 18, 2014 has been declared a non-business day for .

All redemption payouts scheduled for this date will also be deferred to the next business day (April 21, 2014).

 
Monday, 14 April 2014 has been declared a non-business day for
April 9, 2014

On account of "Dr Baba Saheb Ambedkar Jayanti" Monday, 14 April 2014 has been declared a non-business day for .

All redemption payouts scheduled for this date will be deferred to the next business day (April 15, 2014).

 
A non-business day for on April 8, 2014
April 7, 2014

On account of "Ram Navmi" Tuesday, 08 April, 2014 has been declared a non-business day . All redemption payouts scheduled for this date will also be deferred to the next business day.

 
Non-business day for PPFAS Mutual Fund
February 25, 2013

Thursday, February 27 2014 (Maha Shivaratri), is a non-business day for PPFAS Mutual Fund. Hence, no Net Asset Value (NAV) will be declared for that day.

 
Because of the Pongal Festival Holiday all the banks are closed in Tamil Nadu till tomorrow.
January 15, 2013

Important message from CAMS: Because of the Pongal Festival Holiday all the banks are closed in Tamil Nadu till tomorrow. Hence cheques for purchase transactions conducted on Monday, Tuesday, Wednesday and Thursday will be deposited only on Friday (17.01.2014).

Message from PPFAS Mutual Fund: Investors who deposit cheques below Rs. 2 lakhs and before 3:00 PM on any of these days, will receive units based on the Net Asset Value (NAV) of the day of deposit.

Investors who deposit cheques above Rs. 2 lakhs will receive units based on the NAV on the date of cheque realisation.

 
Non-business day for all schemes on November 15, 2013
November 14, 2013

On account of "Muharram" Friday 15 November 2013 has been declared a non-business day for the schemes of PPFAS Mutual Fund. All redemption payouts scheduled for this date will also be deferred to the next business day.

14th November 2013 will be a normal business day.

 




Contact us

Investor Helpline:
  91-22-61406537
Distributor Helpline:
  91-22-61406538
Toll Free Helpline:
  1800-266-7790

(Weekdays - 10:00 AM to 5:00 PM. In case you call after 5:00 PM)

Email: mf@ppfas.com