Fund Overview
Fund Size
₹2,257 Cr
Expense Ratio
0.17%
ISIN
INF879O01068
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
11 May 2018
About this fund
As of 22-Feb-25, it has a Net Asset Value (NAV) of ₹1425.72, Assets Under Management (AUM) of 2256.94 Crores, and an expense ratio of 0.17%.
- Parag Parikh Liquid Fund Direct Growth has given a CAGR return of 5.36% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.73% in cash & cash equivalents.
- You can start investing in Parag Parikh Liquid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.04%
+6.75% (Cat Avg.)
3 Years
+6.29%
+6.24% (Cat Avg.)
5 Years
+5.12%
+5.04% (Cat Avg.)
Since Inception
+5.36%
— (Cat Avg.)
Portfolio Summaryas of 31st January 2025
| Others | ₹2,256.94 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| State Bank Of India | Cash - CD/Time Deposit | ₹124.88 Cr | 5.53% |
| India (Republic of) | Bond - Short-term Government Bills | ₹123.64 Cr | 5.48% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹122.8 Cr | 5.44% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹99.62 Cr | 4.41% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹99.11 Cr | 4.39% |
| 91 DTB 17042025 | Bond - Gov't/Treasury | ₹98.68 Cr | 4.37% |
| 91 DTB 13022025 | Bond - Gov't/Treasury | ₹74.84 Cr | 3.32% |
| 91 Days Tbill Red 27-02-2025 | Bond - Gov't/Treasury | ₹74.66 Cr | 3.31% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹73.88 Cr | 3.27% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹73.77 Cr | 3.27% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹62.88 Cr | 2.79% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.98 Cr | 2.21% |
| 182 DTB 06022025 | Bond - Gov't/Treasury | ₹49.96 Cr | 2.21% |
| Indian Bank | Cash - CD/Time Deposit | ₹49.87 Cr | 2.21% |
| 91 DTB 21022025 | Bond - Gov't/Treasury | ₹49.82 Cr | 2.21% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹49.81 Cr | 2.21% |
| Ntpc Limited | Cash - Commercial Paper | ₹49.77 Cr | 2.21% |
| ICICI Bank - 25/02/2025 | Cash - CD/Time Deposit | ₹49.76 Cr | 2.20% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.74 Cr | 2.20% |
| 91 DTB 06032025 | Bond - Gov't/Treasury | ₹49.71 Cr | 2.20% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.67 Cr | 2.20% |
| 91 DTB 13032025 | Bond - Gov't/Treasury | ₹49.65 Cr | 2.20% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.54 Cr | 2.19% |
| 91 DTB 10042025 | Bond - Gov't/Treasury | ₹49.4 Cr | 2.19% |
| 91 Days Tbill Red 24-04-2025 | Bond - Gov't/Treasury | ₹49.28 Cr | 2.18% |
| 91 Days Tbill | Bond - Gov't/Treasury | ₹49.22 Cr | 2.18% |
| Indian Bank | Cash - CD/Time Deposit | ₹49.1 Cr | 2.18% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.09 Cr | 2.18% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.99 Cr | 1.11% |
| 364 Days T - Bill- 06/02/2025 | Bond - Gov't/Treasury | ₹24.98 Cr | 1.11% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.98 Cr | 1.11% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹24.95 Cr | 1.11% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹24.91 Cr | 1.10% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.87 Cr | 1.10% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.87 Cr | 1.10% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.84 Cr | 1.10% |
| Indian Bank | Cash - CD/Time Deposit | ₹24.82 Cr | 1.10% |
| Kotak Mahindra Bank Ltd. | Cash - CD/Time Deposit | ₹24.76 Cr | 1.10% |
| Union Bank of India | Cash - CD/Time Deposit | ₹24.74 Cr | 1.10% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.63 Cr | 1.09% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹24.62 Cr | 1.09% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹24.57 Cr | 1.09% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.55 Cr | 1.09% |
| Net Receivables / (Payables) | Cash | ₹6.72 Cr | 0.30% |
| Corporate Debt Market Development Fund - Class A2 Units | Mutual Fund - Open End | ₹6.02 Cr | 0.27% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹1,264.36 Cr | 56.02% |
| Bond - Gov't/Treasury | ₹620.2 Cr | 27.48% |
| Cash - Commercial Paper | ₹148.17 Cr | 6.56% |
| Bond - Short-term Government Bills | ₹123.64 Cr | 5.48% |
| Cash - Repurchase Agreement | ₹62.88 Cr | 2.79% |
| Bond - Corporate Bond | ₹24.95 Cr | 1.11% |
| Cash | ₹6.72 Cr | 0.30% |
| Mutual Fund - Open End | ₹6.02 Cr | 0.27% |
Risk & Performance Ratios
Standard Deviation
This fund
0.34%
Cat. avg.
0.54%
Lower the better
Sharpe Ratio
This fund
-1.90
Cat. avg.
-1.12
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.67
Higher the better
Fund Managers
Raj Mehta
Since May 2018
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 31st January 2025
ISIN INF879O01068 | Expense Ratio 0.17% | Exit Load No Charges | Fund Size ₹2,257 Cr | Age 6 years 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹5184.26 Cr | 7.3% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹69.83 Cr | 7.0% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹998.01 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹998.01 Cr | 7.0% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹813.62 Cr | 5.7% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹13265.07 Cr | 7.3% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹352.07 Cr | 7.3% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹888.92 Cr | 7.2% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹888.92 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹352.07 Cr | 7.2% |
About the AMC
PPFAS Mutual Fund
Total AUM
₹97,875 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1204.44 Cr | 7.5% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2256.94 Cr | 7.0% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2397.73 Cr | 9.2% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹87539.41 Cr | 14.5% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4572.13 Cr | 11.6% |
Risk Level
Your principal amount will be at Low to Moderate Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Parag Parikh Liquid Fund Direct Growth?
What are the returns of Parag Parikh Liquid Fund Direct Growth?
What is the portfolio composition of Parag Parikh Liquid Fund Direct Growth?
Who manages the Parag Parikh Liquid Fund Direct Growth?
- Raj Mehta
- Mansi Kariya
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
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NAV (22-Feb-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,257 Cr
Expense Ratio
0.17%
ISIN
INF879O01068
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
11 May 2018
Risk Level
Your principal amount will be at Low to Moderate Risk
About this fund
As of 22-Feb-25, it has a Net Asset Value (NAV) of ₹1425.72, Assets Under Management (AUM) of 2256.94 Crores, and an expense ratio of 0.17%.
- Parag Parikh Liquid Fund Direct Growth has given a CAGR return of 5.36% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.73% in cash & cash equivalents.
- You can start investing in Parag Parikh Liquid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.04%
+6.75% (Cat Avg.)
3 Years
+6.29%
+6.24% (Cat Avg.)
5 Years
+5.12%
+5.04% (Cat Avg.)
Since Inception
+5.36%
— (Cat Avg.)
Portfolio Summaryas of 31st January 2025
| Others | ₹2,256.94 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| State Bank Of India | Cash - CD/Time Deposit | ₹124.88 Cr | 5.53% |
| India (Republic of) | Bond - Short-term Government Bills | ₹123.64 Cr | 5.48% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹122.8 Cr | 5.44% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹99.62 Cr | 4.41% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹99.11 Cr | 4.39% |
| 91 DTB 17042025 | Bond - Gov't/Treasury | ₹98.68 Cr | 4.37% |
| 91 DTB 13022025 | Bond - Gov't/Treasury | ₹74.84 Cr | 3.32% |
| 91 Days Tbill Red 27-02-2025 | Bond - Gov't/Treasury | ₹74.66 Cr | 3.31% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹73.88 Cr | 3.27% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹73.77 Cr | 3.27% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹62.88 Cr | 2.79% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.98 Cr | 2.21% |
| 182 DTB 06022025 | Bond - Gov't/Treasury | ₹49.96 Cr | 2.21% |
| Indian Bank | Cash - CD/Time Deposit | ₹49.87 Cr | 2.21% |
| 91 DTB 21022025 | Bond - Gov't/Treasury | ₹49.82 Cr | 2.21% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹49.81 Cr | 2.21% |
| Ntpc Limited | Cash - Commercial Paper | ₹49.77 Cr | 2.21% |
| ICICI Bank - 25/02/2025 | Cash - CD/Time Deposit | ₹49.76 Cr | 2.20% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.74 Cr | 2.20% |
| 91 DTB 06032025 | Bond - Gov't/Treasury | ₹49.71 Cr | 2.20% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.67 Cr | 2.20% |
| 91 DTB 13032025 | Bond - Gov't/Treasury | ₹49.65 Cr | 2.20% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.54 Cr | 2.19% |
| 91 DTB 10042025 | Bond - Gov't/Treasury | ₹49.4 Cr | 2.19% |
| 91 Days Tbill Red 24-04-2025 | Bond - Gov't/Treasury | ₹49.28 Cr | 2.18% |
| 91 Days Tbill | Bond - Gov't/Treasury | ₹49.22 Cr | 2.18% |
| Indian Bank | Cash - CD/Time Deposit | ₹49.1 Cr | 2.18% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.09 Cr | 2.18% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.99 Cr | 1.11% |
| 364 Days T - Bill- 06/02/2025 | Bond - Gov't/Treasury | ₹24.98 Cr | 1.11% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.98 Cr | 1.11% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹24.95 Cr | 1.11% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹24.91 Cr | 1.10% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.87 Cr | 1.10% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.87 Cr | 1.10% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.84 Cr | 1.10% |
| Indian Bank | Cash - CD/Time Deposit | ₹24.82 Cr | 1.10% |
| Kotak Mahindra Bank Ltd. | Cash - CD/Time Deposit | ₹24.76 Cr | 1.10% |
| Union Bank of India | Cash - CD/Time Deposit | ₹24.74 Cr | 1.10% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.63 Cr | 1.09% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹24.62 Cr | 1.09% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹24.57 Cr | 1.09% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.55 Cr | 1.09% |
| Net Receivables / (Payables) | Cash | ₹6.72 Cr | 0.30% |
| Corporate Debt Market Development Fund - Class A2 Units | Mutual Fund - Open End | ₹6.02 Cr | 0.27% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹1,264.36 Cr | 56.02% |
| Bond - Gov't/Treasury | ₹620.2 Cr | 27.48% |
| Cash - Commercial Paper | ₹148.17 Cr | 6.56% |
| Bond - Short-term Government Bills | ₹123.64 Cr | 5.48% |
| Cash - Repurchase Agreement | ₹62.88 Cr | 2.79% |
| Bond - Corporate Bond | ₹24.95 Cr | 1.11% |
| Cash | ₹6.72 Cr | 0.30% |
| Mutual Fund - Open End | ₹6.02 Cr | 0.27% |
Risk & Performance Ratios
Standard Deviation
This fund
0.34%
Cat. avg.
0.54%
Lower the better
Sharpe Ratio
This fund
-1.90
Cat. avg.
-1.12
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.67
Higher the better
Fund Managers
Raj Mehta
Since May 2018
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 31st January 2025
ISIN INF879O01068 | Expense Ratio 0.17% | Exit Load No Charges | Fund Size ₹2,257 Cr | Age 6 years 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY 50 Arbitrage TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹5184.26 Cr | 7.3% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹69.83 Cr | 7.0% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹998.01 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹998.01 Cr | 7.0% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹813.62 Cr | 5.7% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹13265.07 Cr | 7.3% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹352.07 Cr | 7.3% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹888.92 Cr | 7.2% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹888.92 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹352.07 Cr | 7.2% |
About the AMC
PPFAS Mutual Fund
Total AUM
₹97,875 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1204.44 Cr | 7.5% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2256.94 Cr | 7.0% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2397.73 Cr | 9.2% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹87539.41 Cr | 14.5% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4572.13 Cr | 11.6% |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Parag Parikh Liquid Fund Direct Growth?
What are the returns of Parag Parikh Liquid Fund Direct Growth?
What is the portfolio composition of Parag Parikh Liquid Fund Direct Growth?
Who manages the Parag Parikh Liquid Fund Direct Growth?
- Raj Mehta
- Mansi Kariya
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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