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Parag Parikh Liquid Fund - Direct (IDCW-D)

Liquid Fund
Invest Now

  • NAV

    1000.54(0.00%)

  • Fund Size (CR)

    ₹2,230.31

  • Expense Ratio

    0.17

  • Scheme Type

    Active Fund

  • Value Research

    -

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹1,000

  • Minimum Withdrawal

    ₹0

  • 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.

    0.007%

  • Return Since Launch

    5.38%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 0%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Raj Mehta

Bench Mark

CRISIL Liquid Debt A-I Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 8 January 202510013.400.13%-0.10%48/377
1 Month15 December 202410060.960.61%-0.53%28/377
3 Month15 October 202410177.841.78%-1.62%20/375
6 Month15 July 202410354.563.55%-3.31%109/375
1 Year15 January 202410723.847.24%7.24%6.89%208/375
3 Year14 January 202211950.9919.51%6.12%6.18%292/355
5 Year15 January 202012782.6827.83%5.03%5.12%261/336
Since Inception11 May 201814200.6742.01%5.38%6.30%295/377

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 February 20241,20,000170316.0041.93% 41.93%
3 Year1 February 20223,60,000510948.0341.93% 12.38%
5 Year2 February 20206,00,000851596.9941.93% 7.25%
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

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.11%

Standard Deviation

0.01%

Beta

-2.49%

Sharpe Ratio

0%

Treynor's Ratio

-1.00%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
TBILL-91D6.72%15000000149.95T BillsT Bills
TBILL-182D3.35%750000074.71T BillsT Bills
TBILL-91D3.34%750000074.44T BillsT Bills
TBILL-91D3.33%750000074.25T BillsT Bills
TBILL-364D2.24%500000049.93T BillsT Bills
TBILL-364D2.24%500000049.87T BillsT Bills
TBILL-91D2.24%500000049.93T BillsT Bills
TBILL-91D2.23%500000049.81T BillsT Bills
TBILL-91D2.23%500000049.75T BillsT Bills
TBILL-182D2.23%500000049.75T BillsT Bills

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Parag Parikh Liquid Fund - Direct (IDCW-D)
2230.310.61%1.78%3.55%7.24%6.12%
TRUSTMF Liquid Fund - Direct (IDCW-D) RI
250.990.74%2.39%4.77%9.75%8.67%
Bandhan Liquid Fund - Direct (IDCW-D)
13834.700.77%2.23%4.48%9.65%8.50%
Aditya Birla SL Liquid Fund - Direct (IDCW-W)
39882.670.48%1.77%3.47%8.88%6.38%
TRUSTMF Liquid Fund - Direct (IDCW-W)
250.990.67%1.95%3.95%8.33%7.68%
AXIS Liquid Fund - Direct (IDCW-M)
30917.010.61%2.06%3.89%7.75%6.66%

News

  • PPFAS Mutual Fund announces change in Key Personnel

    PPFAS Mutual Fund has announced that Mr. Himanshoo Bohara has been appointed as the Chief Financial Officer & Whole Time Director of with effect from August 01, 2024.

    Details of: Mr. Himanshoo Bohara

    Age: 49 years

    Designation: Chief Financial Officer & Whole Time Director

    Qualification: B.Sc., Chartered Accountant and Company Secretary.

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

9 May 2018

Total AUM (Cr)

₹2230.31

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 ₹2,230.31 (Cr), as of 16 January 2025, Parag Parikh Liquid Fund - Direct (IDCW-D) is categorized as a Liquid Fund within its segment. The fund has generated a return of 5.38% since its launch.
The current NAV of Parag Parikh Liquid Fund - Direct (IDCW-D) is ₹1,000.54, as on 16 January 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 6.12% and 5.03% 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 99.69% in Debt and 0.31% 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 5.38% 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?

In the short term, i.e., 1 year, Parag Parikh Liquid Fund - Direct (IDCW-D) has generated annualised return of 7.24%. In the long-term, the fund has generated 6.12% and 5.03% in 3 and 5 years respectively. Since its inception, the fund has generated 5.38% returns.

What is the expense ratio of Parag Parikh Liquid Fund - Direct (IDCW-D) Direct Growth?

The expense ratio of Parag Parikh Liquid Fund - Direct (IDCW-D) Direct Growth is 0.17%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Parag Parikh Liquid Fund - Direct (IDCW-D) Fund Direct Growth?

The Assets Under Management (AUM) of Parag Parikh Liquid Fund - Direct (IDCW-D) is ₹2,230.31 (Cr) as of 2025-01-16 AUM shows the fund’s popularity and is often indicative of fund strength.

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).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.