DEBT•LIQUID FUND
Parag Parikh Liquid Fund
3 Year return
6.71%
NAV on August 09, 2026
1561.3879
1D Returns
0%
Launched on May 2018(8 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
₹
Your Investment₹3,600
Gain
11.06%₹398
Total Value ₹3,998
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹5,574.76 Cr.
Expense Ratio
0.1% (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
1.5
Ratings by other agencies
Value Research
2
Crisil
5
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
PPFAS Mutual Fund Manager
AD
Aishwarya Dhar
Fund Manager since Jan 2026
MK
Mansi Kariya
Fund Manager since Dec 2023
TS
Tejas Soman
Fund Manager since Dec 2023
Fund House Details
PPFAS Mutual Fund
Asset management company
AUM
₹1,60,807.1 Cr.
No. of Schemes
17
Setup Date
1983
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Aditya Birla Sun Life Liquid Fund | 7.03% | 3 |
| Axis Liquid Fund | 7.0268% | 5 |
| Mahindra Manulife Liquid Fund | 6.9981% | 3.5 |
Schemes by PPFAS Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Conservative Hybrid Fund
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly IDCW Payout10.4052%
Hybrid . Conservative Hybrid Fund
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly IDCW Reinvestment10.4052%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Parag Parikh Dynamic Asset Allocation Fund Direct Plan Growth0%
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
6.0044%
Expense Ratio
0.1%
Fund Manager
Aishwarya Dhar
Fund Size
₹5574.76 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 | January 1983 |
| Address | 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai - 400 021 |
| Contact | 1800266779091 22 6140 6555 |
| 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 August 09, 2026, is ₹1561.3879
What is the AUM of Parag Parikh Liquid Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Parag Parikh Liquid Fund, is ₹5574.76 crore.
What is the expense ratio of Parag Parikh Liquid Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Parag Parikh Liquid Fund is 0.1%
What are the returns of Parag Parikh Liquid Fund since inception?
The Parag Parikh Liquid Fund was launched on May 09, 2018. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Parag Parikh Liquid Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Parag Parikh Liquid Fund is ₹1000.
How do I invest in Parag Parikh Liquid Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Parag Parikh Liquid Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Parag Parikh Liquid Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Parag Parikh Liquid Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹3,998 in 3Y at 6.7121% returns
SIP Date1st of every month
Your next SIP Payment will be on 9 September 2026
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