Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl

Debt
Direct
Liquid
Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl

About the Fund

Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl 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 Monthly Payout Inc Dist cum Cap Wdrl has ₹2115 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.

Returns

Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl has given a CAGR return of 0.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.06%, 0.10% and 0.01% respectively.

Holdings

Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are 91 DTB 02082024, Punjab National Bank, Canara Bank, 182 DTB 18072024, Axis Bank Limited**

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl

To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 4K in Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.16%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹2115 Cr
Inception Date11 May, 2018
Min Lumpsum/SIP₹5000/₹1000
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
204.87%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
53.9%
Corporate
26.6%
Government
19.6%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
91 DTB 02082024
91 DTB 02082024
5.86%
0%
Punjab National Bank
Punjab National Bank
4.71%
0%
182 DTB 18072024
182 DTB 18072024
4.7%
0%
Axis Bank Limited**
Axis Bank Limited**
4.7%
0%
Canara Bank
Canara Bank
4.7%
0%

Raj Mehta
Raj Mehta
Fund Manager of Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl, since 11 May 2018

Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

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 0.13% since inception which is less than its category average return of 4.81%
AUM size ₹2115 Cr

AUM size ₹2115 Cr

This fund has AUM of ₹2115 Cr which is less than its category average of ₹ 13082 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 Monthly Payout Inc Dist cum Cap Wdrl is ₹1003 as on 24-Jun-2024.
Existing (Absolute + CAGR) as on 24-Jun-2024.
Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.04%
0.04%
6 Month Returns
0.06%
0.06%
1 Year Returns
0.06%
0.06%
3 Years Returns
0.3%
0.1%
5 Years Returns
0.06%
0.01%
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 May 2024
₹2115 Cr as on May 2024
91 DTB 02082024(5.86%), Punjab National Bank(4.71%), Canara Bank(4.7%), 182 DTB 18072024(4.7%), Axis Bank Limited**(4.7%) as on May 2024
Cash Equivalent(50.63%), Corporate(32.89%), Government(16.48%) as on May 2024
Yield to Maturity is 6.98 as on May 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 0.12 as on May 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 Monthly Payout Inc Dist cum Cap Wdrl
The Exit load of Parag Parikh Liquid Fund Direct Monthly Payout Inc Dist cum Cap Wdrl is 0.01%