Parag Parikh Liquid Fund Direct Growth0.00%

1
4.61%
1 Year Return
Debt
Liquid
1.0star
6M
1Y
All

Fund Details

Parag Parikh Liquid Fund Direct Growth

RiskLow
Min SIP Amount₹1000
Expense Ratio0.16%
NAV1130.79 (09 Aug 2020)
Fund Started30 Jun 2018
Fund Size643 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Parag Parikh Liquid Fund Direct Growth
4.6%
NA
NA
5.6%
Category Average
5.4%
6.4%
6.8%
-
Rank within category
32
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 4.6% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk-adjusted returns are lower compared to the category
    4. 1Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills7.8%
    Reserve Bank of IndiaFinancialT-Bills7.8%
    Reserve Bank of IndiaFinancialT-Bills7.7%
    Reserve Bank of IndiaFinancialT-Bills7.7%
    Reserve Bank of IndiaFinancialT-Bills7.0%
    Reserve Bank of IndiaFinancialT-Bills6.2%
    Reserve Bank of IndiaFinancialT-Bills6.2%
    Reserve Bank of IndiaFinancialT-Bills4.7%
    Reserve Bank of IndiaFinancialT-Bills4.7%
    Reserve Bank of IndiaFinancialT-Bills4.7%
    See All

    Fund Managers

    addRaj Mehta
    Education
    Mr. Mehta is a B.Com and M.Com from Mumbai University, CA and CFA Level III Pass.
    Experience
    Prior to joining PPFAS AMC as a Research Analyst he was associated with the AMC as an intern since 2012. He has collectively over 3 years of experience in investment research.
    Funds Managed

    Parag Parikh Liquid Fund Direct Growth Details

    Parag Parikh Liquid Fund Direct Growth is a Debt Mutual Fund Scheme launched by PPFAS Mutual Fund. This scheme was made available to investors on 30 Jun 2018. Raj Mehta is the Current Fund Manager of Parag Parikh Liquid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹643 Cr and the Latest NAV as of 09 Aug 2020 is ₹1130.79.

    The Parag Parikh Liquid Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. 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.

    Investment Objective

    The primary investment objective of the Scheme is to deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    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.
    Exit Load

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    About PPFAS Mutual Fund

    Address
    Great Western Building, 1st Floor, 130/132, S.B.S. Marg, Opp. Lion Gate, Fort, Mumbai 400001
    Phone
    022-61406555
    Launch Date
    10 Oct 2012
    Website
    NA
    PPFAS Mutual Fund
    Asset Management Company
    Custodian
    DBS Bank Ltd.
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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