Historical NAV & Returns
About Parag Parikh Liquid Fund Direct Growth
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 ₹2486 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Parag Parikh Liquid Fund Direct Growth has given a CAGR return of 5.40% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.05%, 6.45% and 5.17% respectively.
Holdings
Parag Parikh Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are ICICI Bank Limited, Bank Of Baroda, 91 Days Tbill, Indian Railway Finance Corporation Limited, 05.91 KL Sdl 2025
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.
Parag Parikh Liquid Fund Direct Growth Overview
| Expense ratio | 0.17% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹2486 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 |
Trailing Returns
as on (03-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 2.4K Cr as of Feb'25
- AUM increased by 125.3 Cr between Feb'25 and Jan'25
Top 2 Sectors in February were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Limited | 4.99% | 0% | |
Bank Of Baroda | 4.98% | 0% | |
91 Days Tbill | 4.97% | 0% | |
05.91 KL Sdl 2025 | 4.02% | 0% | |
Indian Railway Finance Corporation Limited | 4.02% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Parag Parikh Liquid Fund Direct Growth | 7.05% | 6.45% | 5.17% | 5.4% |
 Sundaram Liquid Fund -Direct Plan - Growth Option | 7.5% | 6.88% | 5.46% | 6.05% |
 Aditya Birla Sun Life Liquid Direct Plan Growth | 7.49% | 6.9% | 5.57% | 6.95% |
 ICICI Prudential Liquid Fund Direct Plan Growth | 7.43% | 6.82% | 5.51% | 6.89% |
Mutual Fund Insights
Parag Parikh Liquid Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹2486 Cr
Expense Ratio 0.17%
Frequently Asked Questions for Parag Parikh Liquid Fund Direct Growth
Parag Parikh Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.67% | 0.67% |
6 Month Returns | 3.47% | 3.47% |
1 Year Returns | 7.05% | 7.05% |
3 Years Returns | 20.61% | 6.45% |
5 Years Returns | 28.65% | 5.17% |
- 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.
AAA | 100 |