Parag Parikh Liquid Fund - Direct (IDCW-D)
Liquid FundNAV
1000.54(0.00%)Fund Size (CR)
₹2,256.94Expense Ratio
0.17Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹1,000Minimum Withdrawal
₹0Exit Load
0.007%Return Since Launch
5.42%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Raj Mehta
Bench Mark
CRISIL Liquid Debt A-I Index
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 12 February 2025 | 10014.01 | 0.14% | - | 0.09% | 8/380 |
| 1 Month | 19 January 2025 | 10062.65 | 0.63% | - | 0.54% | 20/377 |
| 3 Month | 19 November 2024 | 10180.91 | 1.81% | - | 1.64% | 25/377 |
| 6 Month | 19 August 2024 | 10365.48 | 3.65% | - | 3.32% | 22/375 |
| 1 Year | 19 February 2024 | 10740.10 | 7.40% | 7.40% | 6.89% | 89/375 |
| 3 Year | 18 February 2022 | 11996.64 | 19.97% | 6.26% | 6.28% | 287/355 |
| 5 Year | 19 February 2020 | 12813.65 | 28.14% | 5.08% | 5.16% | 256/336 |
| Since Inception | 11 May 2018 | 14301.73 | 43.02% | 5.42% | 6.28% | 294/379 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 March 2024 | 1,20,000 | 171528.00 | 42.94% | 42.94% |
| 3 Year | 1 March 2022 | 3,60,000 | 514584.03 | 42.94% | 12.65% |
| 5 Year | 1 March 2020 | 6,00,000 | 857652.35 | 42.94% | 7.41% |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
0.13%
Standard Deviation
0.01%
Beta
-1.64%
Sharpe Ratio
-15.05%
Treynor's Ratio
-0.75%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Power Fin.Corpn. | 1.11% | 250 | 24.95 | Corporate Debts | Debt Others |
| TBILL-364D | 5.48% | 12500000 | 123.64 | T Bills | T Bills |
| TBILL-91D | 4.37% | 10000000 | 98.68 | T Bills | T Bills |
| TBILL-91D | 3.32% | 7500000 | 74.84 | T Bills | T Bills |
| TBILL-91D | 3.31% | 7500000 | 74.66 | T Bills | T Bills |
| TBILL-91D | 2.21% | 5000000 | 49.82 | T Bills | T Bills |
| TBILL-182D | 2.21% | 5000000 | 49.96 | T Bills | T Bills |
| TBILL-91D | 2.20% | 5000000 | 49.71 | T Bills | T Bills |
| TBILL-91D | 2.20% | 5000000 | 49.65 | T Bills | T Bills |
| TBILL-91D | 2.19% | 5000000 | 49.40 | T Bills | T Bills |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Parag Parikh Liquid Fund - Direct (IDCW-D) | 2256.94 | 0.63% | 1.81% | 3.65% | 7.40% | 6.26% | |
| Bandhan Liquid Fund - Direct (IDCW-D) | 15403.23 | 0.78% | 2.30% | 4.53% | 9.75% | 8.67% | |
| TRUSTMF Liquid Fund - Direct (IDCW-D) RI | 348.48 | 0.74% | 2.41% | 4.74% | 9.72% | 8.76% | |
| TRUSTMF Liquid Fund - Direct (IDCW-W) | 348.48 | 0.62% | 1.92% | 3.92% | 8.25% | 7.78% | |
| Aditya Birla SL Liquid Fund - Direct (IDCW-W) | 49810.19 | 0.48% | 1.64% | 3.47% | 8.10% | 6.51% | |
| AXIS Liquid Fund - Direct (IDCW-M) | 43033.62 | 0.61% | 1.79% | 3.92% | 7.77% | 6.79% |
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
9 May 2018
Total AUM (Cr)
₹2256.94
Parag Parikh Liquid Fund - Direct (IDCW-D) is an Liquid Fund-oriented fund from the renowned AMC, PPFAS Mutual Fund. Launched in 9 May 2018, this fund is managed by Raj Mehta. With assets under management (AUM) worth ₹2,256.94 (Cr), as of 20 February 2025, Parag Parikh Liquid Fund - Direct (IDCW-D) is categorized as a Liquid Fund within its segment. The fund has generated a return of 5.42% since its launch.
The current NAV of Parag Parikh Liquid Fund - Direct (IDCW-D) is ₹1,000.54, as on 20 February 2025. The fund's benchmark index is CRISIL Liquid Debt A-I Index. You can invest in Parag Parikh Liquid Fund - Direct (IDCW-D) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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. The fund has generated 6.26% and 5.08% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.43% in Debt and 0.56% in cash and cash equivalents.
FAQs
How to Invest in Parag Parikh Liquid Fund - Direct (IDCW-D) Direct Growth?
Parag Parikh Liquid Fund - Direct (IDCW-D) is a popular fund in the Liquid Fund segment. The fund has generated a return of 5.42% since inception. Looking to invest in Parag Parikh Liquid Fund - Direct (IDCW-D) How about earning 1% extra return? All this is possible with m.Stock! Investing in Parag Parikh Liquid Fund - Direct (IDCW-D) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Parag Parikh Liquid Fund - Direct (IDCW-D)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Parag Parikh Liquid Fund - Direct (IDCW-D) today and reap the benefits of this Liquid Fund fund!
How much returns has Parag Parikh Liquid Fund - Direct (IDCW-D) Direct Growth generated?
What is the expense ratio of Parag Parikh Liquid Fund - Direct (IDCW-D) Direct Growth?
What is the AUM of Parag Parikh Liquid Fund - Direct (IDCW-D) Fund Direct Growth?
How to redeem or withdraw money from Parag Parikh Liquid Fund - Direct (IDCW-D) Direct Growth?
Redeeming or selling units of Parag Parikh Liquid Fund - Direct (IDCW-D) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Parag Parikh Liquid Fund - Direct (IDCW-D):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Parag Parikh Liquid Fund - Direct (IDCW-D)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).