Parag Parikh Liquid Fund Regular Growth

Fund Overview

Fund Size

₹5,098 Cr

Expense Ratio

0.21%

ISIN

INF879O01035

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

11 May 2018

About this fund

Parag Parikh Liquid Fund Regular Growth is a Liquid mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 7 years, 10 months and 29 days, having been launched on 11-May-18.
As of 08-Apr-26, it has a Net Asset Value (NAV) of ₹1515.93, Assets Under Management (AUM) of 5097.78 Crores, and an expense ratio of 0.21%.

Parag Parikh Liquid Fund Regular Growth has given a CAGR return of 5.40% 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 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

+6.11%

+5.57% (Cat Avg.)

3 Years

+6.63%

+6.34% (Cat Avg.)

5 Years

+5.67%

+5.49% (Cat Avg.)

Since Inception

+5.40%

— (Cat Avg.)

Portfolio Summaryas of 15th March 2026

Others

₹5,097.78 Cr

100.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Small Industries Dev Bank Of India	Cash - Commercial Paper	₹324.78 Cr	6.63%
Bank Of Baroda	Cash - CD/Time Deposit	₹298.62 Cr	6.09%
Tbill	Bond - Gov't/Treasury	₹223.79 Cr	4.57%
Indian Bank	Bond - Gov't Agency Debt	₹221.15 Cr	4.51%
5.63% Gs 2026	Bond - Gov't/Treasury	₹214.77 Cr	4.38%
16/04/2026 Maturing 364 DTB	Bond - Gov't/Treasury	₹209.07 Cr	4.27%
Canara Bank**	Cash - CD/Time Deposit	₹199.93 Cr	4.08%
Power Finance Corporation Limited	Cash - Commercial Paper	₹198.78 Cr	4.06%
HDFC Bank Ltd.	Bond - Corporate Bond	₹196.67 Cr	4.01%
Punjab National Bank	Bond - Gov't Agency Debt	₹196.57 Cr	4.01%
National Bank for Agriculture and Rural Development	Cash - Commercial Paper	₹196.57 Cr	4.01%
Tbill	Bond - Gov't/Treasury	₹194.11 Cr	3.96%
Axis Bank Limited	Cash - CD/Time Deposit	₹174.94 Cr	3.57%
India (Republic of)	Bond - Short-term Government Bills	₹162.93 Cr	3.33%
Axis Bank Ltd	Cash - CD/Time Deposit	₹149.77 Cr	3.06%
Export Import Bank Of India	Cash - Commercial Paper	₹147.56 Cr	3.01%
Net Receivables / (Payables)	Cash	₹-135.75 Cr	2.77%
Bank Of Baroda	Cash - CD/Time Deposit	₹122.99 Cr	2.51%
Punjab National Bank	Bond - Gov't Agency Debt	₹99.93 Cr	2.04%
National Bank for Agriculture and Rural Development	Cash - CD/Time Deposit	₹99.86 Cr	2.04%
Bajaj Finance Limited	Cash - Commercial Paper	₹98.88 Cr	2.02%
Canara Bank (27/05/2026)	Cash - CD/Time Deposit	₹98.5 Cr	2.01%
Export Import Bank Of India	Cash - Commercial Paper	₹98.48 Cr	2.01%
Union Bank of India	Bond - Gov't Agency Debt	₹98.45 Cr	2.01%
Kotak Securities Ltd	Cash - Commercial Paper	₹98.25 Cr	2.01%
Indian Bank	Bond - Gov't Agency Debt	₹74.89 Cr	1.53%
HDFC Securities Limited	Cash - Commercial Paper	₹74.06 Cr	1.51%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹73.91 Cr	1.51%
Export Import Bank Of India	Cash - Commercial Paper	₹73.89 Cr	1.51%
Export Import Bank Of India	Cash - Commercial Paper	₹73.84 Cr	1.51%
HDFC Securities Limited	Cash - Commercial Paper	₹73.64 Cr	1.50%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹49.92 Cr	1.02%
16/04/2026 Maturing 182 DTB	Bond - Gov't/Treasury	₹49.78 Cr	1.02%
Bajaj Finance Limited	Cash - Commercial Paper	₹49.45 Cr	1.01%
National Bank For Agriculture And Rural Development	Cash - Commercial Paper	₹49.44 Cr	1.01%
Union Bank Of India (13/05/2026)	Cash - CD/Time Deposit	₹49.39 Cr	1.01%
Indian Bank (13/05/2026)	Cash - CD/Time Deposit	₹49.39 Cr	1.01%
Union Bank Of India	Cash - CD/Time Deposit	₹49.26 Cr	1.01%
HDFC Bank Limited	Cash - CD/Time Deposit	₹24.99 Cr	0.51%
HDFC Bank Ltd.	Bond - Corporate Bond	₹24.97 Cr	0.51%
Punjab National Bank (24/03/2026)	Cash - CD/Time Deposit	₹24.97 Cr	0.51%
Kotak Securities Limited	Cash - Commercial Paper	₹24.72 Cr	0.50%
Corporate Debt Market Development Fund - Class A2 Units	Mutual Fund - Unspecified	₹13.34 Cr	0.27%
Trp_160326	Cash - Repurchase Agreement	₹6.35 Cr	0.13%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Commercial Paper	₹1,582.33 Cr	32.29%
Cash - CD/Time Deposit	₹1,466.46 Cr	29.93%
Bond - Gov't/Treasury	₹891.52 Cr	18.19%
Bond - Gov't Agency Debt	₹690.99 Cr	14.10%
Bond - Corporate Bond	₹221.64 Cr	4.52%
Bond - Short-term Government Bills	₹162.93 Cr	3.33%
Cash	₹-135.75 Cr	2.77%
Mutual Fund - Unspecified	₹13.34 Cr	0.27%
Cash - Repurchase Agreement	₹6.35 Cr	0.13%

Risk & Performance Ratios

Fund Managers

Tejas Soman

Since September 2025

Mansi Kariya

Since December 2023

Aishwarya Dhar

Since September 2025

Additional Scheme Detailsas of 15th March 2026

ISIN

INF879O01035

Expense Ratio

0.21%

Exit Load

No Charges

Fund Size

₹5,098 Cr

Age

7 years 10 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.

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Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Quarterly Interval Series 12 Regular Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Quarterly Interval Series 13 Regular Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk	-	0.0%	-	-
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LIC MF Liquid Plan Direct Growth Moderate Risk	0.1%	0.0%	₹11106.16 Cr	6.3%
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Navi Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹83.81 Cr	5.8%
Sundaram Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6220.88 Cr	6.3%
Bandhan Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹17384.12 Cr	6.3%
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Union Liquid Regular Growth Low to Moderate Risk	0.2%	0.0%	₹7923.43 Cr	6.2%
JM Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2576.85 Cr	6.2%
Edelweiss Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹10631.35 Cr	6.4%
Invesco India Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹15423.27 Cr	6.3%
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Mahindra Manulife Liquid Fund Regular Growth Moderate Risk	0.3%	0.0%	₹1144.71 Cr	6.2%
Mahindra Manulife Liquid Fund Direct Growth Moderate Risk	0.1%	0.0%	₹1144.71 Cr	6.4%
Quantum Liquid Fund Regular Growth Low Risk	0.3%	0.0%	₹509.96 Cr	5.8%
Mirae Asset Cash Management Regular Growth Low to Moderate Risk	0.2%	0.0%	₹12394.76 Cr	6.2%
Axis Liquid Fund Regular Growth Moderate Risk	0.2%	0.0%	₹30187.52 Cr	6.3%
Bajaj Finserv Liquid Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹5690.20 Cr	6.1%
Bajaj Finserv Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹5690.20 Cr	6.3%
SBI Liquid Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹66119.33 Cr	6.2%
UTI Liquid Fund Cash Plan Direct Growth Moderate Risk	0.1%	0.0%	₹27263.41 Cr	6.3%

About the AMC

PPFAS Mutual Fund

+91 22 61406555

https://amc.ppfas.com/

Total AUM

₹1,53,808 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 Large Cap Fund Direct Growth Very High Risk	0.2%	0.0%	₹404.89 Cr	-
Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.3%	1.0%	₹2768.32 Cr	4.7%
Parag Parikh Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2209.41 Cr	6.4%
Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹5097.78 Cr	6.2%
Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk	0.3%	1.0%	₹3354.03 Cr	6.3%
Parag Parikh Flexi Cap Fund Direct Growth Very High Risk	0.6%	2.0%	₹134253.17 Cr	7.3%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹5720.71 Cr	4.2%

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 Regular Growth?

The NAV of Parag Parikh Liquid Fund Regular Growth, as of 08-Apr-2026, is ₹1515.93.

What are the returns of Parag Parikh Liquid Fund Regular Growth?

The fund has generated 6.11% over the last 1 year and 6.63% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Parag Parikh Liquid Fund Regular Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 99.73% in cash and cash equivalents.

Who manages the Parag Parikh Liquid Fund Regular Growth?

The fund managers responsible for Parag Parikh Liquid Fund Regular Growth are:-

Tejas Soman
Mansi Kariya
Aishwarya Dhar

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Parag Parikh Liquid Fund Regular Growth

Fund Overview