• Mutual Funds
  • Parag Parikh Mutual Fund
  • Parag Parikh Liquid Fund (PIDCW-M)

Formerly Parag Parikh Liquid Reg Mn DP

Parag Parikh Mutual Fund

Parag Parikh Liquid Fund (PIDCW-M)

DebtLiquid

1007.6347

NAV (Apr 17)

0.1%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in liquid mutual funds.

Liquid funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

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Scripbox Recommended Debt Funds
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1007.6347

NAV (Apr 17)

Fund Returns

Last 1Y
0.1%
Last 3Y
0.1%
Last 5Y
0%
Last 10Y
NA
Since Inception
0.1%
6 Month CAGR
0.1%

Scheme Information

Investment Objective

To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments.

Expense Ratio
0.27
Launched (6y ago)
May 11, 2018
AUM in Crores
2050.353
ISIN
INF879O01043
Lock-in
No Lock-in
Benchmark
CRISIL Liquid Debt A-I TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.1
Standard Deviation (5yr)
0.2
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-11.702
Sharpe Ratio (5yr)
-11.469
YTM
7.12
Fund Managers

Raj Mehta

Fund Manager

Mansi Kariya

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Parag Parikh Liquid Fund (PIDCW-M)70%7,34,338 1,7260.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-04-17

Top Debt Holdings

clearing corporation of india ltd

5.5%
5.5%

union bank of india

4.9%
4.9%

indian bank

4.9%
4.9%

axis bank limited

4.8%
4.8%

canara bank

4.8%
4.8%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 4,923 cr

₹ 10,293 cr

₹ 35,428 cr

₹ 13,848 cr

₹ 13,895 cr

amc-img

About the AMC

PPFAS Asset Management Pvt. Ltd

PPFAS Asset Management Pvt. Ltd manages assets worth 68,453 crores and was set up on 8 August 2011. It's current offering of mutual fund schemes includes 2 equity,5 debt and 3 hybrid funds.amc-img
phone-img022-61406555
Fund NameScripbox Opinion
Till Date CAGR

21.3%

19.6%

5.2%

5%

21.5%

22.8%

0.1%

0.1%

-

0%

Parag Parikh Liquid Fund (PIDCW-M) Review

Parag Parikh Liquid Fund (PIDCW-M) is a Liquid Debt fund and has delivered an annualised return of 0.1% over a period of 5 years. The fund was previously known as Parag Parikh Liquid Reg Mn DP. The fund is managed by PPFAS Asset Management Pvt. Ltd. The fund managers are Mansi Kariya, Raj Mehta.

Nav of Parag Parikh Liquid Fund (PIDCW-M) as of 4/17/2024 is ₹1007.63 with the total AUM as of 4/18/2024 is ₹2050.353. With Scripbox you can compare and check the latest nav for all mutual funds in India. Parag Parikh Liquid Fund (PIDCW-M) was launched on May 11, 2018. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Parag Parikh Liquid Fund (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Parag Parikh Liquid Fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Liquid Debt A-I TR INR.

Parag Parikh Liquid Fund (PIDCW-M) is rated as a 3 fund in Debt and delivered 0.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Parag Parikh Liquid Fund (PIDCW-M).

Frequently Asked Questions

What is Parag Parikh Liquid Fund (PIDCW-M)?

Parag Parikh Liquid Fund (PIDCW-M) is a Liquid Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Parag Parikh Liquid Fund (PIDCW-M)?

You can invest in Parag Parikh Liquid Fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Parag Parikh Liquid Fund (PIDCW-M)?

The minimum sip amount for Parag Parikh Liquid Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is Parag Parikh Liquid Fund (PIDCW-M) good to invest in?

As per Scripbox experts, Parag Parikh Liquid Fund (PIDCW-M) is a Neutral fund. You can investParag Parikh Liquid Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Parag Parikh Liquid Fund (PIDCW-M)?

The expense ratio of the Parag Parikh Liquid Fund (PIDCW-M) is 0.27% for regular plan.