3 Year return
5.31%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹2050.35 Cr.
Expense Ratio
0.17% (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.
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
PPFAS Mutual Fund Managers
RM
Raj Mehta
Fund Manager since May 2018
Fund House Details
PPFAS Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
Axis Liquid Fund Direct Plan Monthly IDCW Payout |
5.66% |
5 |
|
LIC MF Liquid Fund Direct Plan Daily IDCW Reinvestment |
5.67% |
2 |
|
PGIM India Liquid Fund Direct Plan Monthly Dividend Payout |
5.65% |
2.5 |
Schemes by PPFAS Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Parag Parikh Arbitrage Fund Direct Plan Growth
Hybrid . Conservative Hybrid Fund
Parag Parikh Conservative Hybrid Fund Direct Plan Growth
Hybrid . Conservative Hybrid Fund
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Conservative Hybrid Fund
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Parag Parikh Dynamic Asset Allocation Fund Direct Plan Growth
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 | 4.89% |
| Expense Ratio | 0.17% |
| Fund Manager | Raj Mehta |
| Fund Size | ₹2050.35 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 |
| 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.
FAQs
What is today's NAV of Parag Parikh Liquid Fund?
What is the AUM of Parag Parikh Liquid Fund?
What is the expense ratio of Parag Parikh Liquid Fund?
What are the returns of Parag Parikh Liquid Fund since inception?
What is the minimum SIP amount to invest in Parag Parikh Liquid Fund?
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.
