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3 Year return

5.39%
20222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Launched on May 2018 (7 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹36,000
Gain
  • 8.77%
  • ₹3,158
  • Total Value
  • ₹39,158

Risk Involved

Low to Moderate Risk

Your principal will be at

Moderately Low Risk

Scheme Information

Asset Under Management

₹2117.75 Cr.

Expense Ratio

0.16% (inclusive of GST)

Exit Load

0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment.

Ratings

ARQ Rating
1.5

Ratings by other agencies

2
5
0

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings
₹2117.75Crores
Other Holdings% of Asset
Indian Bank4.64 %
NTPC4.64 %
C C I4.33 %
TBILL-364D3.54 %
TBILL-91D3.53 %
TBILL-182D3.52 %
HDFC Bank3.51 %
TBILL-91D3.51 %
TBILL-91D3.5 %
TBILL-91D3.5 %
TBILL-91D3.49 %
TBILL-182D3.04 %
TBILL-91D2.51 %
TBILL-91D2.36 %
Kotak Mah. Bank2.36 %
Bank of Baroda2.36 %
N A B A R D2.34 %
Kotak Mah. Bank2.34 %
ICICI Bank2.34 %
Union Bank (I)2.34 %
TBILL-182D2.33 %
Union Bank (I)2.33 %
Bank of Baroda1.18 %
Bank of Baroda1.18 %
TBILL-91D1.17 %
HDFC Bank1.17 %
ICICI Bank1.17 %
TBILL-364D1.17 %
CDMDF0.25 %
Net CA & Others-0.1 %

PPFAS Mutual Fund Managers

RM

Raj Mehta

Fund Manager since May 2018

View Details

Fund House Details

PPFAS Mutual Fund

PPFAS Mutual Fund Asset management company

AUM ₹64,295.80 Cr.
No. of Schemes 12
Setup Date 1983

Peer Comparison

Comparison with other similar funds

Schemes by PPFAS Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Parag Parikh Liquid Fund Direct Plan Growth

Parag Parikh Liquid Fund Direct Growth is presented by PPFAS Mutual Fund as a Debt Mutual Fund Scheme. This scheme is designed to cater to investors aiming for short-term stability and liquidity. It is designed to make investments in debt and money market securities with a maximum 91-day maturity. Notably, there is no lock-in period, offering investors flexibility in managing their funds. Furthermore, investors can efficiently utilise the proceeds from Parag Parikh Liquid Fund (PPLF) for systematic transfers or switches into other schemes provided by PPFAS Mutual Fund.

Investment Objective of the Scheme

The primary investment objective of Parag Parikh Liquid Fund Direct Plan Growth is to deliver market-related returns with relatively low-interest rate risk and credit risk. This objective is achieved by making prudent investments in the money market and debt instruments. The fund strives to maintain a balance between generating reasonable returns and upholding high liquidity, which can be particularly appealing to investors seeking stability over a shorter investment horizon.

Key Features of The Fund

5-year return 4.9%
Expense Ratio 0.16%
Fund Manager Raj Mehta
Fund Size ₹2117.75 Cr
Risk Profile Moderately Low

Is This Scheme Right for Me?

Parag Parikh Liquid Fund Direct Plan Growth may be a good option for you if you are aspiring for a low-risk savings avenue for short periods, typically less than a year. The fund's focus on short-term debt and money market securities aligns with the goal of providing stability and easy access to funds when needed. It is particularly suitable for individuals who prioritise capital preservation, liquidity, and modest returns over aggressive growth. As with any investment decision, potential investors should evaluate their financial objectives, risk tolerance, and investment time horizon to determine if this scheme aligns with their needs.

AMC Contact Details

Name PPFAS Mutual Fund
Launch Date 1983
Addresss 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai - 400 021
Contact 1800266779091 22 6140 6555
Email mf@ppfas.com
Website https://amc.ppfas.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Parag Parikh Liquid Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Parag Parikh Liquid Fund on May 29 2024, is ₹1356.8817