Parag Parikh Liquid Fund Direct Growth

Parag Parikh Liquid Fund Direct Growth

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Debt
Direct
Liquid
NAV: ₹ 1331.6 as on 20-02-2024
Fund Performance
zero opening, trading, fund transfer fee
725 people have invested ₹ 7.1Cr in Parag Parikh Liquid Fund Direct Growth in the last three months

Mutual Fund Insights

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In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.78% return, outperforming this fund by 0.93% per annum.
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This fund expense ratio is slightly on the lower side within the category (liquid). Its expense ratio is 0.16% which is lower than the category average expense ratio of 0.27%.
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In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.56% return, outperforming this fund by 0.54% per annum.
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Over the last 1 month, this fund has experienced a 2.9% drop in AUM moving from 2.11K Cr to 2.05K Cr.
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In the last 1 year, Aditya Birla Sun Life Liquid Direct Plan Growth has given 7.31% return, outperforming this fund by 0.49%.

About the Parag Parikh Liquid Fund Direct Growth

Parag Parikh Liquid Fund Direct Growth is a debt fund. This fund was started on 11 May, 2018. The fund is managed by Raj Mehta. This fund is suitable to keep your money safe.

Key Parameters

  1. Parag Parikh Liquid Fund Direct Growth has ₹2054 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Parag Parikh Liquid Fund Direct Growth Overview

Expense ratio
Expense ratio
0.16%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹2054 Cr
Inception Date
Inception Date
11 May, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.007%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
204.87%

Parag Parikh Liquid Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Cash Equivalent
81.3%
Corporate
9.3%
Government
9.3%

Top Holdings of Parag Parikh Liquid Fund Direct Growth as on (31-Jan-24)

  • Debt & Cash

Debt Holdings30
Holdings
Weight%
1M Change
91 DTB 01022024
91 DTB 01022024
7.3%
0%
91 DTB 08022024
91 DTB 08022024
7.29%
0%
91 DTB 22022024
91 DTB 22022024
7.27%
0%
91 DTB 15022024
91 DTB 15022024
6.07%
0%
91 DTB 14032024
91 DTB 14032024
6.04%
0%

Parag Parikh Liquid Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 2.1K Cr
₹ 2K Cr
₹ 2K Cr
  • AUM of the fund stands at 2.1K Cr as of Jan'24
  • AUM increased by 68.4 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Parag Parikh Liquid Fund Direct Growth Fund Manager

Raj Mehta
Raj Mehta
Fund Manager of Parag Parikh Liquid Fund Direct Growth, since 11 May 2018

Parag Parikh Liquid Fund Direct Growth Highlights

Risk meter
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Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.08% since inception which is more than its category average return of 4.76%
AUM size ₹2054 Cr

AUM size ₹2054 Cr

This fund has AUM of ₹2054 Cr which is less than its category average of ₹ 12025 Cr
Expense Ratio 0.16%

Expense Ratio 0.16%

This fund has an expense ratio of 0.16% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of Parag Parikh Liquid Fund Direct Growth is ₹1331.59 as on 20-Feb-2024.
Existing (Absolute + CAGR) as on 20-Feb-2024.
Parag Parikh Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.58%
0.58%
6 Month Returns
3.42%
3.42%
1 Year Returns
6.81%
6.81%
3 Years Returns
15.85%
5.03%
5 Years Returns
26.7%
4.85%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.16% as on January 2024
₹2054 Cr as on January 2024
91 DTB 01022024(7.3%), 91 DTB 08022024(7.29%), 91 DTB 22022024(7.27%), 91 DTB 15022024(6.07%), 91 DTB 14032024(6.04%) as on January 2024
Cash Equivalent(81.35%), Corporate(9.34%), Government(9.32%) as on January 2024
Yield to Maturity is 6.99 as on January 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.11 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Raj Mehta is the fund manager of Parag Parikh Liquid Fund Direct Growth
The Exit load of Parag Parikh Liquid Fund Direct Growth is 0.01%