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Parag Parikh Liquid Fund - Direct (IDCW-M)

Liquid Fund
Invest Now

  • NAV

    1004.61(0.01%)

  • Fund Size (CR)

    ₹2,493.98

  • Expense Ratio

    0.16

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹5,000

  • Minimum Additional Investment

    ₹1,000

  • Minimum SIP Investment

    ₹1,000

  • Minimum Withdrawal

    ₹0

  • Exit Load 0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment.

    0.007%

  • Return Since Launch

    5.33%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -0.10%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Raj Mehta

Bench Mark

CRISIL Liquid Debt A-I Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 30 April 202510011.750.12%-0.09%186/379
1 Month7 April 202510004.540.05%-0.46%351/379
3 Month7 February 202510120.641.21%-1.66%351/378
6 Month7 November 202410292.822.93%-3.37%350/373
1 Year7 May 202410651.356.51%6.51%6.86%339/373
3 Year6 May 202212045.7520.46%6.39%6.58%310/353
5 Year7 May 202012830.5228.31%5.11%5.24%275/334
Since Inception11 May 201814379.1443.79%5.33%6.31%308/378

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 June 20241,20,000171830.0743.19% 43.19%
3 Year1 June 20223,60,000515693.0343.25% 12.73%
5 Year1 June 20206,00,000859681.1243.28% 7.46%
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

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.10%

Standard Deviation

-0.00%

Beta

0.19%

Sharpe Ratio

-3.17%

Treynor's Ratio

0.07%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
There's no data available of Stock Holdings

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Parag Parikh Liquid Fund - Direct (IDCW-M)
2493.980.05%1.21%2.93%6.51%6.39%
Bandhan Liquid Fund - Direct (IDCW-D)
10408.690.69%2.48%4.78%9.63%9.09%
TRUSTMF Liquid Fund - Direct (IDCW-D) RI
507.550.67%2.11%4.56%9.48%8.95%
TRUSTMF Liquid Fund - Direct (IDCW-W)
507.550.56%1.83%3.84%7.98%8.02%
AXIS Liquid Fund - Direct (IDCW-M)
32608.900.53%1.82%3.64%7.72%7.08%
Quant Liquid Plan - Direct (IDCW-W)
1536.260.41%2.06%3.90%7.55%6.82%

List of Schemes under PPFAS Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Parag Parikh ELSS Tax Saver FundEquityVery High14.87%5₹4,905.72
Parag Parikh Liquid FundDebtModerately Low6.99%1₹3,059.11
Parag Parikh Conservative Hybrid FundHybridModerately High11.27%5₹2,451.46
Parag Parikh Dynamic Asset Allocation FundHybridModerate10.29%0₹1,761.42
Parag Parikh Arbitrage FundHybridLow7.42%0₹1,304.46
Parag Parikh Flexi Cap FundEquityVery High13.96%5₹93,440.89

News

There are no new Updates!

Fund House Details & Investment Objective

Date of Incorporation

9 May 2018

Total AUM (Cr)

₹3059.11

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 Raj Mehta. With assets under management (AUM) worth ₹3,059.11 (Cr), as of 8 May 2025, Parag Parikh Liquid Fund - Direct (IDCW-M) is categorized as a Liquid Fund within its segment. The fund has generated a return of 5.33% since its launch.
The current NAV of Parag Parikh Liquid Fund - Direct (IDCW-M) is ₹1,004.61, as on 8 May 2025. 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:
0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment. The fund has generated 6.39% and 5.11% 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 104.35% in Debt and -4.35% in cash and cash equivalents.

FAQs

How to Invest in Parag Parikh Liquid Fund - Direct (IDCW-M) Direct Growth?

Parag Parikh Liquid Fund - Direct (IDCW-M) is a popular fund in the Liquid Fund segment. The fund has generated a return of 5.33% since inception. Looking to invest in Parag Parikh Liquid Fund - Direct (IDCW-M) How about earning 1% extra return? All this is possible with m.Stock! Investing in Parag Parikh Liquid Fund - Direct (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Parag Parikh Liquid Fund - Direct (IDCW-M)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Parag Parikh Liquid Fund - Direct (IDCW-M) today and reap the benefits of this Liquid Fund fund!

How much returns has Parag Parikh Liquid Fund - Direct (IDCW-M) Direct Growth generated?

In the short term, i.e., 1 year, Parag Parikh Liquid Fund - Direct (IDCW-M) has generated annualised return of 6.51%. In the long-term, the fund has generated 6.39% and 5.11% in 3 and 5 years respectively. Since its inception, the fund has generated 5.33% returns.

What is the expense ratio of Parag Parikh Liquid Fund - Direct (IDCW-M) Direct Growth?

The expense ratio of Parag Parikh Liquid Fund - Direct (IDCW-M) Direct Growth is 0.16%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Parag Parikh Liquid Fund - Direct (IDCW-M) Fund Direct Growth?

The Assets Under Management (AUM) of Parag Parikh Liquid Fund - Direct (IDCW-M) is ₹3,059.11 (Cr) as of 2025-05-08 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Parag Parikh Liquid Fund - Direct (IDCW-M) Direct Growth?

Redeeming or selling units of Parag Parikh Liquid Fund - Direct (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Parag Parikh Liquid Fund - Direct (IDCW-M):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Parag Parikh Liquid Fund - Direct (IDCW-M)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.