Fund Overview
Fund Size
₹2,249 Cr
Expense Ratio
0.26%
ISIN
INF879O01035
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
11 May 2018
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹1373.05, Assets Under Management (AUM) of 2248.68 Crores, and an expense ratio of 0.26%.
- Parag Parikh Liquid Fund Regular Growth has given a CAGR return of 5.14% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.75% in cash & cash equivalents.
- You can start investing in Parag Parikh Liquid Fund Regular 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
+6.92%
+6.09% (Cat Avg.)
3 Years
+5.63%
+5.29% (Cat Avg.)
5 Years
+4.84%
+4.44% (Cat Avg.)
Since Inception
+5.14%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Others | ₹2,248.68 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 182 DTB 24102024 | Bond - Gov't/Treasury | ₹123.46 Cr | 5.49% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹107.7 Cr | 4.79% |
| Indian Oil Corporation Limited | Cash - Commercial Paper | ₹99.47 Cr | 4.42% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹99.37 Cr | 4.42% |
| NTPC Ltd. | Cash - Commercial Paper | ₹99.33 Cr | 4.42% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹99.2 Cr | 4.41% |
| 364 DTB 03102024 | Bond - Gov't/Treasury | ₹99.14 Cr | 4.41% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹99.11 Cr | 4.41% |
| 91 DTB 07112024 | Bond - Gov't/Treasury | ₹98.53 Cr | 4.38% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹98.28 Cr | 4.37% |
| Indian Bank | Bond - Gov't Agency Debt | ₹98.28 Cr | 4.37% |
| National Housing Bank | Cash - Commercial Paper | ₹74.83 Cr | 3.33% |
| India (Republic of) | Bond - Short-term Government Bills | ₹74.73 Cr | 3.32% |
| India (Republic of) | Bond - Short-term Government Bills | ₹74.64 Cr | 3.32% |
| 91 DTB 26092024 | Bond - Gov't/Treasury | ₹74.45 Cr | 3.31% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹74.4 Cr | 3.31% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹74.29 Cr | 3.30% |
| 91 DTB 31102024 | Bond - Gov't/Treasury | ₹73.98 Cr | 3.29% |
| 364 DTB 02052024 | Bond - Gov't/Treasury | ₹49.95 Cr | 2.22% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.83 Cr | 2.22% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.7 Cr | 2.21% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.67 Cr | 2.21% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.64 Cr | 2.21% |
| 91 DTB 03102024 | Bond - Gov't/Treasury | ₹49.57 Cr | 2.20% |
| 364 DTB 17102024 | Bond - Gov't/Treasury | ₹49.45 Cr | 2.20% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.32 Cr | 2.19% |
| State Bank Of India | Cash - CD/Time Deposit | ₹49.27 Cr | 2.19% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹25 Cr | 1.11% |
| 182 DTB 22082024 | Bond - Gov't/Treasury | ₹24.97 Cr | 1.11% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹24.95 Cr | 1.11% |
| 91 DTB 10102024 | Bond - Gov't/Treasury | ₹24.75 Cr | 1.10% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.68 Cr | 1.10% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹24.66 Cr | 1.10% |
| Corporate Debt Market Development Fund # | Mutual Fund - Open End | ₹5.56 Cr | 0.25% |
| Net Receivables / (Payables) | Cash - Collateral | ₹4.54 Cr | 0.20% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹668.25 Cr | 29.72% |
| Cash - CD/Time Deposit | ₹594.51 Cr | 26.44% |
| Cash - Commercial Paper | ₹323.45 Cr | 14.38% |
| Bond - Short-term Government Bills | ₹248.71 Cr | 11.06% |
| Bond - Corporate Bond | ₹197.68 Cr | 8.79% |
| Cash - Repurchase Agreement | ₹107.7 Cr | 4.79% |
| Bond - Gov't Agency Debt | ₹98.28 Cr | 4.37% |
| Mutual Fund - Open End | ₹5.56 Cr | 0.25% |
| Cash - Collateral | ₹4.54 Cr | 0.20% |
Risk & Performance Ratios
Standard Deviation
This fund
0.43%
Cat. avg.
0.56%
Lower the better
Sharpe Ratio
This fund
-3.19
Cat. avg.
-1.42
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.50
Higher the better
Fund Managers
Raj Mehta
Since May 2018
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 15th August 2024
ISIN | INF879O01035 | Expense Ratio | 0.26% | Exit Load | No Charges | Fund Size | ₹2,249 Cr | Age | 11 May 2018 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Liquid Debt A-I 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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% | ₹3763.16 Cr | 7.3% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹82.09 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹752.34 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹752.34 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹50.88 Cr | 6.0% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹11274.94 Cr | 7.3% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹235.85 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1071.55 Cr | 7.2% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1071.55 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹235.85 Cr | 7.2% |
About the AMC
Total AUM
₹85,262 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% | ₹892.32 Cr | - |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2248.68 Cr | 7.0% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2148.47 Cr | 17.1% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹75956.22 Cr | 38.1% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4016.58 Cr | 36.0% |
Risk Level
Your principal amount will be at Low to Moderate Risk
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- Raj Mehta
- Mansi Kariya
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