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2 star

Parag Parikh Liquid Fund - Regular Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.14 0.01 0.06 0.23 0.70 1.47 3.50 -- -- -- --
CCIL T Bill Liquidity Weight 0.09 0.03 0.04 0.15 0.50 1.08 3.01 -- -- -- --
Debt: Liquid 0.16 0.01 0.06 0.24 0.72 1.53 3.83 -- -- -- --
Rank within category 39 30 5 36 35 33 33 -- -- -- --
Number of funds in category 41 41 41 41 41 41 41 35 34 34 30

As on 22-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Parag Parikh Liquid Fund - Regular Plan  | Invest Online
2 star
May-18 3.50 -- -- 0.25 1,145
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.13 5.99 6.44 0.32 42,177
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.14 6.04 6.48 0.31 33,431
Axis Liquid Fund
4 star
Oct-09 4.12 6.03 6.47 0.25 25,742
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 4.10 6.04 6.47 0.32 23,245

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.16 (26-Jul-2019 - 02-Aug-2019) 0.03 (05-Jan-2021 - 12-Jan-2021)
Month 0.56 (21-Sep-2018 - 22-Oct-2018) 0.21 (22-Nov-2020 - 22-Dec-2020)
Quarter 1.62 (16-Aug-2018 - 16-Nov-2018) 0.69 (21-Oct-2020 - 20-Jan-2021)
Year 6.41 (16-Aug-2018 - 18-Aug-2019) 3.49 (23-Jan-2020 - 22-Jan-2021)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.78 0.34 -2.89 -5.80 -- --
Debt: Liquid* 5.66 0.63 2.08 3.24 0.96 1.84
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 18 22 15 35
Modified Duration (yrs) 0.11 0.13 0.07 0.09
Average Maturity (yrs) 0.11 0.13 0.07 0.08
Yield to Maturity (%) 2.89 5.01 2.78 3.07
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 7.13% Madhya Pradesh State 27/03/2021 State Development Loan SOV 0.00 - 6.61 6.61
new 7.56% Andhra Pradesh State 14/02/2021 State Development Loan SOV 0.00 - 6.58 6.58
equal 7.00% GOI 21/01/2021 GOI Securities SOV 0.00 - 7.74 6.56
equal Reserve Bank of India 91-D 14/01/2021 Treasury Bills SOV 0.00 - 7.62 6.54
equal Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 6.95 6.53
equal Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 6.95 6.53
equal Reserve Bank of India 91-D 28/01/2021 Treasury Bills SOV 0.00 - 7.62 6.53
new Reserve Bank of India 364-D 04/03/2021 Treasury Bills SOV 0.00 - 6.52 6.52
equal Reserve Bank of India 182-D 18/02/2021 Treasury Bills SOV 0.00 - 6.95 6.52
equal Reserve Bank of India 182-D 25/02/2021 Treasury Bills SOV 0.00 - 6.94 6.52
new Reserve Bank of India 91-D 18/03/2021 Treasury Bills SOV 0.00 - 6.51 6.51
new Reserve Bank of India 91-D 25/03/2021 Treasury Bills SOV 0.00 - 6.50 6.50
equal Reserve Bank of India 182-D 07/01/2021 Treasury Bills SOV 0.00 - 5.09 4.36
equal Reserve Bank of India 91-D 07/01/2021 Treasury Bills SOV 0.00 - 2.54 2.18
new 4.90% HDFC Bank 365-D Term Deposits -- 0.00 - 0.22 0.22
equal 5.10% HDFC Bank 365-D Term Deposits -- 0.00 - 0.20 0.17
equal 5.10% HDFC Bank 366-D Term Deposits -- 0.00 - 0.10 0.09
equal 5.00% HDFC Bank 367-D Term Deposits -- 0.00 - 0.09 0.09

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2020

Fund Manager

— Raj Mehta since 09-May-2018

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:


--

Change from previous, NAV as on 24-Jan-2021

Growth: ₹ 1,143.2290

Dividend Weekly: ₹ 1,001.4745

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Dividend Monthly: ₹ 1,004.9404

Dividend Daily: ₹ 1,000.5404


Investment Strategy

The Scheme seeks to deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
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.

Basic Details

Fund House: PPFAS Mutual Fund
Launch Date: 11-May-2018
Return Since Launch: 5.07%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,145 Cr (As on 31-Dec-2020)
Expense: 0.25% (As on 31-Dec-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily22-Jan-20210.0725

 21-Jan-20210.0775
 20-Jan-20210.0961
 19-Jan-20210.0615
 18-Jan-20210.1127
 17-Jan-20210.1692
 14-Jan-20210.0891
 13-Jan-20210.0681
 10-Jan-20210.1539
 08-Jan-20210.0885
 07-Jan-20210.0170
 06-Jan-20210.0423
 05-Jan-20210.0890
 04-Jan-20210.0587
 03-Jan-20210.1590
 01-Jan-20210.0775
 31-Dec-20200.1104
 30-Dec-20200.1169
 29-Dec-20200.1069
 28-Dec-20200.0991
 27-Dec-20200.2518
 24-Dec-20200.0602
 23-Dec-20200.0950
 22-Dec-20200.0825
 21-Dec-20200.0578
Dividend Weekly18-Jan-20210.5573

 11-Jan-20210.2713
 04-Jan-20210.6306
 28-Dec-20200.5890
 21-Dec-20200.5188
 14-Dec-20200.4484
 07-Dec-20200.3967
 01-Dec-20200.5935
 23-Nov-20200.4820
 17-Nov-20200.6840
 09-Nov-20200.6238
 02-Nov-20200.5292
 26-Oct-20200.5784
 19-Oct-20200.6276
 12-Oct-20200.5997
 05-Oct-20200.6743
 28-Sep-20200.5961
 21-Sep-20200.5585
 14-Sep-20200.4646
 07-Sep-20200.5985
 31-Aug-20200.5166
 24-Aug-20200.5766
 17-Aug-20200.6579
 10-Aug-20200.5618
 03-Aug-20200.5572
Dividend Monthly28-Dec-20201.9580

 01-Dec-20202.9202
 26-Oct-20202.4870
 28-Sep-20202.2239
 31-Aug-20202.8737
 27-Jul-20202.1516
 29-Jun-20202.5967
 26-May-20203.0699
 27-Apr-20203.2533
 30-Mar-20203.5096
 24-Feb-20202.6916
 27-Jan-20202.5382
 30-Dec-20193.3225
 25-Nov-20192.5430
 29-Oct-20192.9627
 30-Sep-20193.5658
 26-Aug-20193.6012
 29-Jul-20193.9738
 24-Jun-20193.2070
 27-May-20193.1982
 30-Apr-20194.2114
 25-Mar-20193.4054
 25-Feb-20193.4020
 28-Jan-20193.4960
 31-Dec-20183.8094

Contact Information

AMC: PPFAS Asset Management Pvt.Ltd.

Address: 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230 Nariman Point Mumbai - 400021

Phone: 022-61406555 / 1800-266-7790

Fax: 022-61406590

Email: [email protected]

Website: http://www.amc.ppfas.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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