About Parag Parikh Liquid Fund
Parag Parikh Liquid Fund is a liquid fund managed by PPFAS Mutual Fund. Invest in debt and money market securities maturing within 91 days. Low risk, withdrawals usually reach your bank the next working day; an alternative to a savings account for short-term money.
To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments.
The scheme's stated objective, as published by PPFAS Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹1,572.7275 | 143269 |
| Direct | Daily Reinvestment of IDCW | ₹1,000.5405 | 143263 |
| Direct | Monthly IDCW Payout | ₹1,006.3811 | 143262 |
| Direct | Weekly Reinvestment of IDCW | ₹1,001.7797 | 143265 |
| Regular | Growth | ₹1,559.5641 | 143260 |
| Regular | Daily Reinvestment of IDCW | ₹1,000.5404 | 143264 |
| Regular | Monthly IDCW Payout | ₹1,006.3295 | 143261 |
| Regular | Weekly Reinvestment of IDCW | ₹1,001.7665 | 143266 |
Frequently asked questions
What is the NAV of Parag Parikh Liquid Fund today?
The NAV of Parag Parikh Liquid Fund (Direct plan, Growth) is ₹1,572.7275 and the Regular plan NAV is ₹1,559.5641, as of 20 Sept 2026.
What returns has Parag Parikh Liquid Fund given?
Over the last year the Direct plan returned 6.44%, and 6.71% a year over 3 years and 6.08% a year over 5 years. That places it 31 of 33 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Parag Parikh Liquid Fund?
The Direct plan charges 0.1% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Parag Parikh Liquid Fund?
You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹5,000 or more.
How much has Parag Parikh Liquid Fund fallen in the past?
Its deepest fall was 0% from 3 May 2022 to 5 May 2022. Of every one-year stretch in its history, 100% ended in a gain.
Which category does Parag Parikh Liquid Fund belong to?
It is a Liquid Fund from PPFAS Mutual Fund. Invest in debt and money market securities maturing within 91 days. Low risk, withdrawals usually reach your bank the next working day; an alternative to a savings account for short-term money.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Parag Parikh Liquid Fund taxed?
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.