Overview
Parag Parikh Liquid Fund Direct Growth
PPFAS Mutual Fund
The Scheme seeks to deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments.
Investments in Parag Parikh Liquid Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 1441.9028
Fund Size (AUM)
₹2493.98 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
11-May-2018
Expense Ratio
0.16%
Exit Load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Benchmark
CRISIL Liquid Debt A-I Index
Standard Deviation
0.29
History
Performance & Ratios
1-Year SIP Return
7.07%
3-Year SIP Return
6.9%
5-Year SIP Return
6.08%
Mean Return
5.97%
Alpha
1.38
Beta
0.62
Sharpe Ratio
0.29
Sortino Ratio
0.28
Information Ratio
9.89
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.01% | 6.49% | 5.18% | 5.09% |
| Category Average | 7.1% | 6.67% | 5.32% | N/A |
| Rank Within Category | 33 | 34 | 33 | N/A |
Holdings (38)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | CD | 5.0% |
| Bank Of Baroda | Financial | CD | 4.98% |
| Reserve Bank of India | Financial | T-Bills | 4.97% |
| Kerala State | Others | SDL | 4.01% |
| Reserve Bank of India | Financial | T-Bills | 4.0% |
| Reserve Bank of India | Financial | T-Bills | 3.99% |
| Punjab National Bank | Financial | CD | 3.98% |
| Canara Bank | Financial | CD | 3.98% |
| Union Bank of India | Financial | CD | 3.98% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.99% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct Growth | 41051.49 | 7.44 | 6.94 | 0.21 | N/A |
| Mahindra Manulife Liquid Fund Direct Growth | 1025.78 | 7.4 | 6.93 | 0.14 | N/A |
| Union Liquid Fund Direct Growth | 3206.36 | 7.41 | 6.92 | 0.07 | N/A |
| Edelweiss Liquid Direct Growth | 5243.37 | 7.43 | 6.92 | 0.09 | N/A |
| Bajaj Finserv Liquid Fund Direct Growth | 4200.75 | 7.4 | N/A | 0.11 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 5, 10, 15, 20, 25
Min Amount: ₹ 1000
Min Installments: 12
AMC Details
Asset Management Company
PPFAS Mutual Fund
PPFAS Mutual Fund started their mutual fund on 10/10/2012 and its managing total assets of ₹821 Cr. Its ranked at 34 as per total assets at end of 30th Sep 2017. PPFAS Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Parag Parikh Asset Management was launched on 10th October 2012 an is promoted by arag Parikh Financial Advisory Services Pvt. Ltd, a financial advisory firm incorporated in 1992. The mission of this mutual fund is to provide prudent fund management so that investors can attain their long-term financial goals.
The tagline of the company is 'There's only one right way'. They believe in simplifying the process of investing for their clients and that is their main motive.
It provides a host of mutual funds to investors and they also invest in various schemes across different market capitalization.Their simplistic way of managing funds and providing transparent service to investors makes them popular in the mutual fund industry.
Launch Date
2012-10-10T00:00:00.394Z
Total AUM
₹ 100250.21 Cr
Address
702-705, 7th Floor, 349 Business Point Commercial Premises Co-op. Society Ltd.,Western Express Highway,Andheri (East), Mumbai 400069
Phone
022 6906 6100, 91 22 6140 6555
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Parag Parikh Liquid Fund Direct Growth
PPFAS Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Parag Parikh Liquid Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Parag Parikh Liquid Fund Direct Growth?
The top stocks held by Parag Parikh Liquid Fund Direct Growth include ICICI Bank Ltd., Bank Of Baroda, Reserve Bank of India.
Which industries does Parag Parikh Liquid Fund Direct Growth invest in?
Parag Parikh Liquid Fund Direct Growth primarily invests in the following industries: Financial, Others.
Who are the fund managers of Parag Parikh Liquid Fund Direct Growth?
The fund managers of Parag Parikh Liquid Fund Direct Growth are Raj Mehta and Mansi Kariya.
How many years has the fund manager been managing Parag Parikh Liquid Fund Direct Growth?
Raj Mehta:
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Mansi Kariya:
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What is the minimum investment for Parag Parikh Liquid Fund Direct Growth?
The minimum investment for Parag Parikh Liquid Fund Direct Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for Parag Parikh Liquid Fund Direct Growth?
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What are the average 3-year returns for Parag Parikh Liquid Fund Direct Growth?
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What is the expense ratio of Parag Parikh Liquid Fund Direct Growth, and how does it compare to its category?
The expense ratio of Parag Parikh Liquid Fund Direct Growth is 0.16%. The average expense ratio for similar funds in the Debt is Calculating....