Parag Parikh Liquid Fund - Direct (IDCW-M)

Liquid Fund

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NAV
1006.00(0.02%)
Fund Size (CR)
₹4,967.86
Expense Ratio
0.11
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹1,000
Minimum Withdrawal
₹1
Exit Load
0.007%
Return Since Launch
5.39%

Absolute Return: 0.06%

Annualized Return: 0%

Basic Details

Scheme Manager

Tejas Soman

Bench Mark

CRISIL Liquid Debt A-I Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	3 February 2026	10014.34	0.14%	-	0.10%	7/396
1 Month	10 January 2026	10053.33	0.53%	-	0.44%	16/396
3 Month	10 November 2025	10148.59	1.49%	-	1.32%	81/384
6 Month	10 August 2025	10293.23	2.93%	-	2.66%	135/375
1 Year	10 February 2025	10575.15	5.75%	5.75%	5.93%	328/369
3 Year	10 February 2023	12092.63	20.93%	6.53%	6.59%	286/345
5 Year	10 February 2021	13105.61	31.06%	5.55%	5.59%	271/336
Since Inception	11 May 2018	15032.70	50.33%	5.39%	57.96%	301/396

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 March 2025	1,20,000	179664.64	49.72%	49.72%
3 Year	1 March 2023	3,60,000	539145.99	49.76%	14.41%
5 Year	1 March 2021	6,00,000	898760.70	49.79%	8.42%
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

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.16%

Standard Deviation

-0.01%

Beta

1.26%

Sharpe Ratio

-2.12%

Treynor's Ratio

0.75%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
There's no data available of Stock Holdings

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Parag Parikh Liquid Fund - Direct (IDCW-M)	4967.86	0.53%	1.49%	2.93%	5.75%	6.53%
Bandhan Liquid Fund - Direct (IDCW-D)	14538.39	0.65%	1.96%	3.91%	8.57%	9.22%
Motilal Oswal Liquid Fund - Direct (IDCW-F) RI	1200.15	0.50%	1.44%	2.86%	8.23%	7.38%
TRUSTMF Liquid Fund - Direct (IDCW-D) RI	574.26	0.58%	1.72%	3.65%	7.98%	9.02%
Union Liquid Fund - Direct (IDCW-W)	5729.15	0.40%	1.38%	2.86%	7.29%	7.31%
Canara Robeco Liquid Fund - Direct (IDCW-M)	5148.57	0.52%	1.48%	2.97%	7.22%	7.03%

List of Schemes under PPFAS Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Parag Parikh ELSS Tax Saver Fund	Equity	Very High	6.86%	5	₹5,768.08
Parag Parikh Liquid Fund	Debt	Moderately Low	6.24%	1	₹4,067.66
Parag Parikh Conservative Hybrid Fund	Hybrid	Moderately High	8.82%	5	₹3,246.32
Parag Parikh Dynamic Asset Allocation Fund	Hybrid	Moderate	7.25%	0	₹2,703.33
Parag Parikh Arbitrage Fund	Hybrid	Low	6.55%	0	₹2,144.09
Parag Parikh Flexi Cap Fund	Equity	Very High	8.37%	5	₹1,33,969.81

News

PPFAS Mutual Fund announces change in Key Personnel
PPFAS Mutual Fund has announced that Mr. Darsh Thakker has been appointed as Deputy Manager - Debt Dealer and shall be a Key Personnel of that the Board of Directors of PPFAS Asset Management Private Limited with effect from December 15, 2025.
Details of Mr. Darsh Thakker
Age: 26 years
Designation: Deputy Manager - Debt Dealer
Qualification: M.B.A in Finance B.Com
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PPFAS Mutual Fund announces change in Key Personnel
PPFAS Mutual Fund has announced the Mr. Vikas Gandhi has been appointed as a Chief Financial Officer & Whole Time Director PPFAS Trustee Company Private Limited (the AMC) with effect from November 13, 2025.
Details of Mr. Vikas Gandhi
Age: 49 years
Designation: Chief Financial Officer & Whole Time Director
Qualification: Chartered Accountant Bachelor of Commerce
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Fund House Details & Investment Objective

Date of Incorporation

9 May 2018

Total AUM (Cr)

₹4067.66

Parag Parikh Liquid Fund - Direct (IDCW-M) is an Liquid Fund-oriented fund from the renowned AMC, PPFAS Mutual Fund. Launched in 9 May 2018, this fund is managed by Tejas Soman. With assets under management (AUM) worth ₹4,067.66 (Cr), as of 11 February 2026, Parag Parikh Liquid Fund - Direct (IDCW-M) is categorized as a Liquid Fund within its segment. The fund has generated a return of 5.39% since its launch.
The current NAV of Parag Parikh Liquid Fund - Direct (IDCW-M) is ₹1,006, as on 11 February 2026. The fund's benchmark index is CRISIL Liquid Debt A-I Index. You can invest in Parag Parikh Liquid Fund - Direct (IDCW-M) 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:
The fund has generated 6.53% and 5.55% 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 106.76% in Debt and -6.76% in cash and cash equivalents.