Fund Performance
Lumpsum
SIP
4.66
as on 10 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,463 today.
NAV Performance
Fund Information
-
₹ 1,306.210
as on 10 Dec 2023 -
Regular - Growth
-
2 / 39
-
₹ 5,000
-
₹ 1,382 Cr.
as on 31 May 2023 -
0.27%
-
11 May 2018
-
CRISIL 10 Year Gilt Index
-
PPFAS Mutual Fund
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Highlights of this fund
Parag Parikh Liquid Fund is an Open-ended Debt Fund. The fund belongs to Liquid Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 11 May 2018. This fund is offered by one of the top AMC (Assets Management Company) PPFAS Mutual Fund. You can also view here all other Debt funds offered by PPFAS Mutual Fund.
Latest NAV of the fund is ₹ 1,306.210 as on 10 Dec 2023.
This fund has 5 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.27%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
to deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments.
List of Fund Managers of Parag Parikh Liquid Fund
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About Raj Mehta
Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder. Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 1.29% | 1.67% | 2.57% | 3.56% | 7.06% | 5.87% | 5.53% | 5.60% | 7.18% | 7.07% | 6.57% | 5.86% | 5.35% | 6.02% |
| Category Average | 0.16% | -1.97% | -0.91% | 0.69% | 3.91% | 3.10% | 2.74% | 3.38% | 5.11% | 6.92% | 6.42% | 5.71% | 5.15% | 5.70% |
| Parag Parikh Liquid Fund | 0.13%₹ 10,013 | 0.57%₹ 10,056 | 1.64%₹ 10,163 | 3.32%₹ 10,332 | 6.60%₹ 10,659 | 6.64%₹ 12,426 | 5.45%₹ 11,121 | 6.13%₹ 25,548 | 4.66%₹ 11,463 | 5.47%₹ 39,118 | 4.72%₹ 12,597 | 4.85%₹ 67,827 | - | - |
| Aditya Birla Sun Life Liquid Fund | 0.15%₹ 10,015 | 0.57%₹ 10,056 | 1.73%₹ 10,172 | 3.42%₹ 10,341 | 7.02%₹ 10,702 | 7.02%₹ 12,452 | 5.81%₹ 11,196 | 6.52%₹ 25,650 | 4.95%₹ 11,558 | 5.81%₹ 39,324 | 5.21%₹ 12,894 | 5.22%₹ 68,470 | 6.54%₹ 18,849 | 5.83%₹ 1,61,848 |
| SBI Liquid Fund | 0.14%₹ 10,014 | 0.58%₹ 10,058 | 1.68%₹ 10,168 | 3.40%₹ 10,340 | 6.96%₹ 10,695 | 6.94%₹ 12,446 | 5.73%₹ 11,178 | 6.44%₹ 25,630 | 4.91%₹ 11,545 | 5.75%₹ 39,286 | 5.12%₹ 12,838 | 5.15%₹ 68,354 | 6.44%₹ 18,669 | 5.74%₹ 1,61,089 |
| Mahindra Manulife Liquid Fund | 0.13%₹ 10,013 | 0.59%₹ 10,059 | 1.72%₹ 10,171 | 3.50%₹ 10,349 | 7.05%₹ 10,704 | 7.04%₹ 12,452 | 5.84%₹ 11,202 | 6.54%₹ 25,654 | 4.98%₹ 11,570 | 5.84%₹ 39,336 | 5.24%₹ 12,908 | 5.24%₹ 68,511 | - | - |
| Mirae Asset Cash Management Fund | 0.13%₹ 10,012 | 0.57%₹ 10,056 | 1.75%₹ 10,174 | 3.46%₹ 10,346 | 7.02%₹ 10,702 | 7.01%₹ 12,450 | 5.80%₹ 11,193 | 6.51%₹ 25,645 | 4.96%₹ 11,561 | 5.80%₹ 39,317 | 5.17%₹ 12,867 | 5.20%₹ 68,435 | 6.35%₹ 18,508 | 5.74%₹ 1,61,056 |
| IDFC Cash Fund | 0.12%₹ 10,012 | 0.58%₹ 10,057 | 1.71%₹ 10,170 | 3.43%₹ 10,343 | 6.97%₹ 10,697 | 6.97%₹ 12,448 | 5.77%₹ 11,186 | 6.47%₹ 25,637 | 4.92%₹ 11,549 | 5.77%₹ 39,298 | 5.07%₹ 12,805 | 5.14%₹ 68,334 | 6.43%₹ 18,655 | 5.72%₹ 1,60,903 |
Portfolio Holdings
Top Debt Instrument Type holdings of Parag Parikh Liquid Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| T-Bills | 83.66% | ₹ 1,313.81 Cr. |
| CD | 4.76% | ₹ 74.80 Cr. |
| GOI | 4.14% | ₹ 65.06 Cr. |
| CP | 3.17% | ₹ 49.71 Cr. |
| Others | 4.27% | - |
Top Debt Holdings of Parag Parikh Liquid Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 83.66% | ₹ 1,313.81 Cr. |
| Bond - Govt of India | 4.14% | ₹ 65.06 Cr. |
| Bond - Bank Of Baroda | 1.59% | ₹ 24.96 Cr. |
| Bond - Axis Bank Ltd. | 1.59% | ₹ 24.96 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 1.59% | ₹ 24.97 Cr. |
| Others | 7.43% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 9.69% |
| FD | 0.60% |
| Net Receivables | -6.02% |