Parag Parikh Liquid Fund Direct Growth
Get the latest NAV of Parag Parikh Liquid Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1447.93
NAV as on 16 May 2025
5.42%/per year
Since Inception
▲▼
1144 people have invested ₹ 15.5Cr in Parag Parikh Liquid Fund Direct Growth in the last three months
Fund Performance
as on (16-May-25)
Peer comparison
Parag Parikh Liquid Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Parag Parikh Liquid Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Debt & Cash 99.8%
Parag Parikh Liquid Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Debt & Cash 99.8%
Top 2 Sectors in April were Corporate, Government
Corporate
27%
Government
7%
Corporate
42%
Government
3%
Parag Parikh Liquid Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.1% |
Benchmark | NIFTY 50 Arbitrage TR INR |
| AUM | ₹3059 Cr |
| Inception Date | 11 May, 2018 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.0% |
| Lock In | No Lock-in |
TurnOver | 384.37% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
About Parag Parikh Liquid Fund
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
- Parag Parikh Liquid Fund Direct Growth has ₹3059 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Parag Parikh Liquid Fund Direct Growth has given a CAGR return of 5.42% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.98%, 6.58% and 5.22% respectively.
Holdings
Parag Parikh Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Union Bank Of India, 05.91 KL Sdl 2025, Canara Bank, Punjab National Bank, Indian Oil Corp Ltd.
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:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Parag Parikh Liquid Fund Direct Growth
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 Growth has no lock in period.
Fund Manager
Raj Mehta
Fund Manager of Parag Parikh Liquid Fund Direct Growth, since 11 May 2018
- AUM of the fund stands at 3.1K Cr as of Apr'25
- AUM increased by 565.1 Cr between Apr'25 and Mar'25
Frequently Asked Questions for Parag Parikh Liquid Fund Direct Growth
What is the current NAV of Parag Parikh Liquid Fund Direct Growth?
What are the average returns of Parag Parikh Liquid Fund Direct Growth?
Parag Parikh Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.5% | 0.5% |
6 Month Returns | 3.4% | 3.4% |
1 Year Returns | 6.98% | 6.98% |
3 Years Returns | 21.07% | 6.58% |
How do I invest in Parag Parikh Liquid Fund Direct Growth?
- 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.
What is the expense ratio of Parag Parikh Liquid Fund Direct Growth?
What is net assets under management (AUM) of Parag Parikh Liquid Fund Direct Growth?
What are the top 5 holdings of Parag Parikh Liquid Fund Direct Growth?
What are the top 3 sectors that this Parag Parikh Liquid Fund Direct Growth has invested in?
What is the yield to maturity ratio of Parag Parikh Liquid Fund Direct Growth?
What is the modified duration of Parag Parikh Liquid Fund Direct Growth?
What is the credit rating breakup of Parag Parikh Liquid Fund Direct Growth?
AAA | 100 |