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Parag Parikh Liquid Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Analyst's Choice?

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an 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 are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.28 0.01 0.09 0.40 1.22 2.68 5.82 -- -- -- --
CCIL T Bill Liquidity Weight 0.21 0.04 0.05 0.26 0.84 1.89 4.22 -- -- -- --
Debt: Liquid 0.30 0.01 0.10 0.43 1.30 2.79 6.41 -- -- -- --
Rank within category 34 36 37 34 33 32 36 -- -- -- --
Number of funds in category 39 39 39 39 39 39 38 35 34 33 1

As on 22-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 0.57 (21-Sep-2018 - 22-Oct-2018) 0.38 (18-Dec-2019 - 17-Jan-2020)
Quarter 1.65 (16-Aug-2018 - 16-Nov-2018) 1.20 (18-Oct-2019 - 17-Jan-2020)
Year 6.52 (16-Aug-2018 - 18-Aug-2019) 5.84 (17-Jan-2019 - 17-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.08 0.26 -10.52 -- -- --
Debt: Liquid* 6.52 0.51 4.47 7.34 0.52 1.65
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-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 19 22 16 53
Modified Duration (yrs) 0.00 0.11 0.00 0.10
Average Maturity (yrs) 0.00 0.11 0.00 0.10
Yield to Maturity (%) 4.79 7.40 4.79 5.28

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.35% GOI 21/01/2020 GOI Securities SOV 0.00 - 7.65 6.74
equal 8.31% Gujarat State 2020 State Development Loan SOV 0.00 - 5.57 5.41
equal 6.83% Rajasthan State 2020 State Development Loan SOV 0.00 - 5.55 5.40
equal Reserve Bank of India 91-D 02/01/2020 Treasury Bills SOV 0.00 - 6.06 5.39
equal Reserve Bank of India 91-D 09/01/2020 Treasury Bills SOV 0.00 - 6.05 5.39
equal Reserve Bank of India 91-D 16/01/2020 Treasury Bills SOV 0.00 - 6.05 5.38
equal Reserve Bank of India 182-D 23/01/2020 Treasury Bills SOV 0.00 - 5.50 5.38
equal Reserve Bank of India 91-D 30/01/2020 Treasury Bills SOV 0.00 - 5.49 5.37
equal Reserve Bank of India 91-D 06/02/2020 Treasury Bills SOV 0.00 - 5.49 5.37
equal Reserve Bank of India 91-D 13/02/2020 Treasury Bills SOV 0.00 - 5.48 5.36
equal Reserve Bank of India 91-D 20/02/2020 Treasury Bills SOV 0.00 - 5.48 5.36
new Reserve Bank of India 91-D 05/03/2020 Treasury Bills SOV 0.00 - 5.35 5.35
new Reserve Bank of India 364-D 20/03/2020 Treasury Bills SOV 0.00 - 5.34 5.34
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 5.34 5.34
new Reserve Bank of India 182-D 12/03/2020 Treasury Bills SOV 0.00 - 5.34 5.34
equal 8.19% GOI 16/01/2020 Central Government Loan SOV 0.00 - 4.61 4.05
new ICICI Bank 14/01/2020 Certificate of Deposit A1+ 0.00 - 1.35 1.35
equal 6.60% HDFC Bank 369-D Term Deposits -- 0.00 - 0.31 0.27
new 5.40% HDFC Bank 91-D Term Deposits -- 0.00 - 0.27 0.27

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-2019

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:


0.01%

Change from previous, NAV as on 22-Jan-2020

Growth: ₹ 1,106.3870

Dividend Weekly: ₹ 1,001.2608

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Dividend Monthly: ₹ 1,005.9437

Dividend Daily: ₹ 1,000.2078


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: 6.12%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 371 Cr (As on 31-Dec-2019)
Expense: 0.16% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily22-Jan-20200.0891

 21-Jan-20200.0984
 20-Jan-20200.1080
 19-Jan-20200.1927
 17-Jan-20200.0983
 16-Jan-20200.0864
 15-Jan-20200.1041
 14-Jan-20200.0706
 13-Jan-20200.0456
 12-Jan-20200.1891
 10-Jan-20200.0807
 09-Jan-20200.0924
 08-Jan-20200.0850
 07-Jan-20200.0913
 06-Jan-20200.0682
 05-Jan-20200.1671
 03-Jan-20200.0856
 02-Jan-20200.1493
 01-Jan-20200.1194
 31-Dec-20190.0897
 30-Dec-20190.0824
 29-Dec-20190.1878
 27-Dec-20190.1019
 26-Dec-20190.0960
 25-Dec-20190.1046
Dividend Weekly20-Jan-20200.6610

 13-Jan-20200.5850
 06-Jan-20200.6803
 30-Dec-20190.6571
 23-Dec-20190.6850
 16-Dec-20190.6551
 09-Dec-20190.6013
 02-Dec-20190.7406
 25-Nov-20190.6872
 18-Nov-20190.7093
 11-Nov-20190.6003
 04-Nov-20190.5911
 29-Oct-20190.6822
 22-Oct-20190.7866
 14-Oct-20190.7427
 07-Oct-20190.7979
 30-Sep-20190.7748
 23-Sep-20190.6494
 16-Sep-20190.7215
 09-Sep-20190.6649
 03-Sep-20190.8117
 26-Aug-20190.7598
 19-Aug-20190.6311
 13-Aug-20191.1246
 05-Aug-20191.1274
Dividend Monthly30-Dec-20193.3512

 25-Nov-20192.5966
 29-Oct-20193.0202
 30-Sep-20193.6367
 26-Aug-20193.6563
 29-Jul-20194.0434
 24-Jun-20193.3456
 27-May-20193.2516
 30-Apr-20194.2829
 25-Mar-20193.4609
 25-Feb-20193.4572
 28-Jan-20193.5520
 31-Dec-20184.4286
 26-Nov-20183.6142
 29-Oct-20184.5664
 24-Sep-20183.5648
 27-Aug-20183.4918
 30-Jul-20184.2883
 25-Jun-20183.2651

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: 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

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM