FAQ
Questions people ask before they get in touch.
If yours is not here, call or message and we will answer it the same day.
About Parayil
Parayil is a family-run financial services firm in Angamaly, Kerala, founded in 1987 by P. K. Martin. It distributes mutual funds, arranges life, health and general insurance, offers portfolio guidance, and provides PAN card and debenture services from one office opposite St Martin's Shrine, Angamaly South.
Opposite St Martin's Shrine, Angamaly South P.O., Angamaly, Kerala 683573, about ten minutes from Cochin International Airport. The office is open Monday to Friday 9 am to 6 pm and Saturday 9 am to 5 pm.
Yes. Parayil is an AMFI-registered mutual fund distributor and has worked with UTI Mutual Fund since 1987, along with Axis, The Wealth Company and other fund houses. The ARN is printed on your account statements, and you can verify any distributor on AMFI's Locate a Distributor page.
Because a family can handle mutual funds, insurance, PAN and fixed-income investments in one place with one point of contact, instead of visiting several offices.
Investing
Visit the office or send a WhatsApp message with your PAN and Aadhaar. We complete KYC, help you choose a scheme and register a monthly mandate from your bank. Most SIPs start within a week.
A mutual fund distributor is paid by the fund house through the scheme's expense ratio and helps you select and transact in regular plans. A SEBI-registered investment adviser charges you a fee directly and recommends direct plans. Parayil is a distributor, which is why we never call ourselves advisers.
Yes. Many of our clients live in the Gulf, Europe and North America. We handle NRI KYC and coordinate with fund houses and insurers; most paperwork can be completed remotely.
No. Mutual fund investments are subject to market risk and no distributor can guarantee returns. We focus on matching the right product to your time horizon and keeping you invested through market cycles.
Insurance and PAN
LIC, IndusInd Nippon Life Insurance (formerly Reliance Nippon Life) and National Insurance Company among others. We compare options rather than sell a single company's products.
Yes. Claims support is part of the service. We help with documentation, follow up with the insurer and keep you informed until settlement.
Aadhaar covers identity, address and date of birth for most applicants. Bring the original and a passport-size photograph. NRIs bring a passport copy and address proof.
Talk to someone who has done this for 39 years.
A first conversation is free and takes about thirty minutes, at the office in Angamaly or over a call.
Opposite St Martin's Shrine, Angamaly South P.O.
Angamaly, Kerala 683573
- Monday to Friday: 9:00 am to 6:00 pm
- Saturday: 9:00 am to 5:00 pm
Get directions
Ten minutes from Cochin International Airport