INF955L01484
The Scheme seeks to deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments. The fund follows a conservative approach focused on capital preservation and liquidity, making it suitable for parking surplus funds temporarily.
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. The investment strategy emphasizes maintaining high liquidity while generating returns marginally higher than traditional bank accounts.
The fund's approach centers on:
- Investing in high-grade money market instruments and debt securities
- Maintaining portfolio maturity profile of up to 91 days
- Focus on capital preservation with low volatility
- Providing easy redemption facility for emergency fund requirements
Raj Mehta is the Current Fund Manager of Parag Parikh Liquid Fund Direct Growth fund along with Mansi Kariya.
Mr. Raj Mehta is currently a Fund Manager at PPFAS Mutual Fund since 2016. He manages an AuM of Rs. 2,164 Crore invested in the Parag Parikh Liquid Fund and Parag Parikh Long Term Equity Fund. He began his career as an Article Assistant in K. P. Mehta & Co. in 2007. Mr. Mehta joined PPFAS as a Research Trainee in 2012. In 2013, he was promoted to Research Analyst. He holds a B.Com and M.Com degree from the Narsee Monjee College of Commerce and Economics.
The fund management team brings extensive experience in debt market analysis and money market operations, ensuring prudent investment decisions aligned with the fund's conservative mandate.
PPFAS Asset Management (PPFAS AMC) has been promoted by Parag Parikh Financial Advisory Services. Ltd. (PPFAS Ltd.), a boutique investment advisory firm incorporated in 1992
PPFAS Mutual Fund stands out with its unique investment philosophy and approach:
Investment Philosophy: Keeping with his father's, Parag Parikh's philosophy, Neil believes in Value-investing and is a strong advocate of applying behavioral finance fundamentals in investing. Buying securities at a discount to intrinsic value will help to create value for investors. Our investment philosophy is to invest in such value stocks.
Aligned Interests: PPFAS AMC believes that the interest of clients should be similar to those of their employees and management. Hence, their workforce also invests a considerable amount of their investable surplus in the company's equity fund.
Long-term Focus: Long Term refers to an investment horizon of 5 years and more. The fund house emphasizes patient capital allocation and disciplined investment approach.
The AMC has built a reputation for transparency, research-driven investment decisions, and maintaining high ethical standards in fund management practices.
Parag Parikh Liquid Fund can be suitable for investors with specific requirements:
Ideal For:
- Emergency fund parking with better returns than savings accounts
- Short-term surplus fund management (few weeks to 1 year)
- Conservative investors seeking capital preservation with liquidity
- Portfolio diversification with low-risk debt allocation
Key Considerations:
- 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.
Financial Metrics (as of latest available data):
- AUM of ₹3,852.62 Crores as on 21 Aug 2025
- Expense ratio of 0.10 as of 22nd May 2025
- Return performance in last 1 year is 6.73%, in last 3 years is 21.49%
- Minimum SIP amount is ₹1000 and minimum lump sum investment is ₹5,000
The fund's low expense ratio and reasonable returns make it cost-effective for short-term investment needs while maintaining high liquidity standards.
What is today's NAV of Parag Parikh Liquid Fund?
The latest NAV varies daily. Latest NAV declared is ₹1470.671 as on 21 Aug 2025 for the direct plan. Check the fund house website or financial platforms for current NAV.
What is the AUM of Parag Parikh Liquid Fund?
The fund has an AUM of ₹3,852.62 Crores as on 21 Aug 2025.
What is the expense ratio of Parag Parikh Liquid Fund?
The expense ratio is 0.10 as of 22nd May 2025, making it a cost-efficient liquid fund option.
What are the returns of Parag Parikh Liquid Fund since inception?
The fund has delivered 46.95% returns since scheme launch with consistent performance in the liquid fund category.
What is the minimum SIP amount to invest in Parag Parikh Liquid Fund?
The minimum SIP amount to invest in this scheme is ₹1000.
How do I invest in Parag Parikh Liquid Fund?
You can invest through Allvest platform, directly via PPFAS website, or through registered mutual fund distributors. Complete your KYC and choose between SIP or lump sum investment options.
How to start a SIP in Parag Parikh Liquid Fund?
Register with Allvest, complete KYC formalities, select the fund, choose SIP frequency and amount (minimum ₹1,000), and set up auto-debit from your bank account.
How do I automate an SIP in Parag Parikh Liquid Fund?
Set up an auto-debit mandate through Allvest or your bank for automated monthly SIP investments. The amount will be automatically debited and invested on your chosen date.
How can I withdraw/redeem my investment in Parag Parikh Liquid Fund?
You can redeem through Allvest platform, fund house website, or by submitting redemption form. Liquid funds typically process redemptions within 1-2 business days with minimal exit load.
Clients/Investors to abstain them from dealing in any schemes of unauthorised collective investments / portfolio management, indicative/ guaranteed/fixed returns / payments etc.
Sr. No
Name of KMP
Designation
Mobile Number
Email ID
2.
Mr. Amit Bansal
Designated Director /
Compliance Officer