Fund Overview
Fund Size
₹2,237 Cr
Expense Ratio
0.16%
ISIN
INF879O01068
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
11 May 2018
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹1371.45, Assets Under Management (AUM) of 2237.28 Crores, and an expense ratio of 0.16%.
- Parag Parikh Liquid Fund Direct Growth has given a CAGR return of 5.22% 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 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
+7.02%
+6.03% (Cat Avg.)
3 Years
+5.60%
+5.13% (Cat Avg.)
5 Years
+4.93%
+4.36% (Cat Avg.)
Since Inception
+5.22%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Others | ₹2,237.28 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 91 DTB 02082024 | Bond - Gov't/Treasury | ₹124.62 Cr | 5.57% |
| Axis Bank Limited** | Cash - CD/Time Deposit | ₹99.89 Cr | 4.46% |
| Indian Bank | Bond - Gov't Agency Debt | ₹99.85 Cr | 4.46% |
| Ntpc Limited | Cash - Commercial Paper | ₹99.76 Cr | 4.46% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹99.21 Cr | 4.43% |
| National Housing Bank | Cash - Commercial Paper | ₹99.19 Cr | 4.43% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹99.05 Cr | 4.43% |
| Indian Oil Corporation Limited | Cash - Commercial Paper | ₹98.87 Cr | 4.42% |
| Canara Bank | Cash - CD/Time Deposit | ₹98.75 Cr | 4.41% |
| 364 DTB 03102024 | Bond - Gov't/Treasury | ₹98.57 Cr | 4.41% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹98.52 Cr | 4.40% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹95.8 Cr | 4.28% |
| India (Republic of) | Bond - Short-term Government Bills | ₹74.69 Cr | 3.34% |
| India (Republic of) | Bond - Short-term Government Bills | ₹74.31 Cr | 3.32% |
| India (Republic of) | Bond - Short-term Government Bills | ₹74.22 Cr | 3.32% |
| 91 DTB 26092024 | Bond - Gov't/Treasury | ₹74.03 Cr | 3.31% |
| Bank of Baroda | Bond - Corporate Bond | ₹73.85 Cr | 3.30% |
| 08.97 KA Sdl 2024 | Bond - Gov't/Treasury | ₹65.03 Cr | 2.91% |
| 91 DTB 25072024 | Bond - Gov't/Treasury | ₹53.9 Cr | 2.41% |
| 182 DTB 18072024 | Bond - Gov't/Treasury | ₹49.98 Cr | 2.23% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.86 Cr | 2.23% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.73 Cr | 2.22% |
| 364 DTB 02052024 | Bond - Gov't/Treasury | ₹49.67 Cr | 2.22% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.42 Cr | 2.21% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.36 Cr | 2.21% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹49.31 Cr | 2.20% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.28 Cr | 2.20% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.01 Cr | 1.12% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹24.95 Cr | 1.12% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.84 Cr | 1.11% |
| 182 DTB 22082024 | Bond - Gov't/Treasury | ₹24.83 Cr | 1.11% |
| 191 DTB 19072024 | Bond - Gov't/Treasury | ₹24.61 Cr | 1.10% |
| Net Receivables / (Payables) | Cash - Collateral | ₹8.77 Cr | 0.39% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹5.54 Cr | 0.25% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹565.24 Cr | 25.26% |
| Cash - CD/Time Deposit | ₹545.21 Cr | 24.37% |
| Cash - Commercial Paper | ₹397.41 Cr | 17.76% |
| Bond - Short-term Government Bills | ₹371.28 Cr | 16.60% |
| Bond - Corporate Bond | ₹148.18 Cr | 6.62% |
| Bond - Gov't Agency Debt | ₹99.85 Cr | 4.46% |
| Cash - Repurchase Agreement | ₹95.8 Cr | 4.28% |
| Cash - Collateral | ₹8.77 Cr | 0.39% |
| Mutual Fund - Open End | ₹5.54 Cr | 0.25% |
Risk & Performance Ratios
Standard Deviation
This fund
0.44%
Cat. avg.
0.51%
Lower the better
Sharpe Ratio
This fund
-2.08
Cat. avg.
-2.13
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-1.01
Higher the better
Fund Managers
Raj Mehta
Since May 2018
Mansi Kariya
Since December 2023
Additional Scheme Detailsas of 15th July 2024
ISIN | INF879O01068 | Expense Ratio | 0.16% | Exit Load | No Charges | Fund Size | ₹2,237 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
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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% | ₹3944.51 Cr | 7.3% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹92.67 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹691.18 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹691.18 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹46.64 Cr | 6.0% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹11115.36 Cr | 7.3% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹195.04 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹963.86 Cr | 7.2% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹963.86 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹195.04 Cr | 7.2% |
About the AMC
Total AUM
₹74,696 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% | ₹786.45 Cr | - |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹2237.28 Cr | 7.0% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2073.47 Cr | 18.9% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹71700.48 Cr | 37.6% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹3731.20 Cr | 36.0% |
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of Parag Parikh Liquid Fund Direct Growth?
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Who manages the Parag Parikh Liquid Fund Direct Growth?
- Raj Mehta
- Mansi Kariya
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