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Product scoring may vary based on gender, age, policy tenure and sum assured.
Gender
Male
Age Group
The lowest age in the selected range is considered for price evaluation (e.g., 25 - 29)
30 - 34
Sum Assured
₹ 1Cr
Debt • Liquid • CRISIL Liquid Debt Index
Parag Parikh Liquid Fund(G)-Direct Plan
1 Finance Rank:
28
281 Finance Score:
60100
Yield To Maturity Score
58
Quality & Diversification Score
74
Standard Deviation Score
61
Modified Duration Score
93
AUM Score
50
Historical Performance score
60
by 1 Finance Research 1 Finance Scores reflect a holistic assessment of fund performance, risk, and costs.
AUM
₹ 5,171 Cr(As on 31-Mar-2026)NAV
₹ 1537.9545(As on 18-May-2026)Expense Ratio
0.11%(As on 31-Mar-2026)Investment Horizon
1 week to 1 month
28
Debt • Liquid • CRISIL Liquid Debt Index
Parag Parikh Liquid Fund(G)-Direct Plan
This fund ranks 28th out of 38 funds in its category.
AUM₹ 5,171 Cr(As on 31-Mar-2026)
NAV₹ 1537.9545(As on 18-May-2026)
Expense Ratio0.11%(As on 31-Mar-2026)
Investment Horizon1 week to 1 month
1 Finance Score: 60/100
Yield To Maturity Score
58
Quality & Diversification Score
74
Standard Deviation Score
61
Modified Duration Score
93
AUM Score
50
Historical Performance score
60
Fundamental Ratios
Modified Duration
7.06 yearsAverage Maturity
0.18 yearsYield To Maturity
7.06%Standard Deviation
0.01%Portfolio summary
Asset Allocation
Debt
Others
98.85%
1.15%
Credit Rating
SOV
20.36%
Cash Eqv.
0.89%
Others
0.00%
AAA
0.00%
AA
0.00%
Debt Sector Allocation
Bank
66.54%
G-Sec
20.36%
Finance
11.95%
Cash & Cash Equivalents
0.89%
Top Holdings
| Holding Names | Assets (%) |
|---|---|
| 91 Days Treasury Bill - 06-Feb-2026 | 6.51% |
| Reverse Repo | 5.77% |
| 91 Days Treasury Bill - 26-Feb-2026 | 4.49% |
| Punjab National Bank (09-Mar-2026) | 3.98% |
| Union Bank of India (20-Feb-2026) | 3.00% |
Peer comparison
| Fund List | 1 F score | Fund Size | Expense Ratio |
|---|
Pros and Cons
Pros
Ability to significantly outperform benchmark returns.
Relatively low modified duration indicates lower sensitivity to interest rate changes, suggesting lower risk.
Cons
There is a possibility of lower returns as the fund maintains a low Yield to Maturity (YTM).
Low AUM may result in limited portfolio diversification.
Historically, the fund has generated low returns.
Should you invest?
Invest if you are :
- Those who need to access their cash quickly and want to park their money for a short period of time.
- Its ideal investment to create emergency funds.
- Those who wants to invest in equity funds through STP (Systematic Transfer Plan) should invest in this fund
Avoid if you are :
- Long term investors and high risk takers can avoid this scheme
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Taxation
If bought before April 1, 2023
- Less than or equal to 24 months: Short-Term Capital Gains (STCG) are taxed as per your applicable income tax slab.
- More than 24 months: Long-Term Capital Gains (LTCG) are taxed at 12.5% on gains.
If bought after April 1, 2023
- Taxed at applicable slab rates.
Scheme Details
Scheme Objective
- The primary investment objective of the Scheme is to related returns with lower risk liquidity through judicious investments money market and debt instruments. However, there is no assurance that the investment of the scheme achieved and the scheme assure or guarantee any returns.
Exit Load
- 0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D
Minimum investment amount
Lumpsum
₹ 5000 (open for subscription)
Other details
Founded In2018
Email Addressmf@ppfas.com
| Fund Manager Name | Total Exp. (Years) | No. of Funds Managed |
|---|---|---|
| Tejas Soman | 1.9 | 0 |
About PPFAS MF
- PPFAS Asset Management Company Pvt. Ltd. is a boutique mutual fund house known for its value-investing philosophy and investor-first approach. Unlike many fund houses that run many schemes, PPFAS focuses on a limited set of funds, ensuring sharper research, global diversification, and alignment with long-term investors.
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Frequently Asked Questions
Are debt funds risk-free?
No, debt funds aren’t entirely risk-free. They may be less volatile than equities, but carry risks like changing interest rates, credit, liquidity, concentration, and prepayment. Hence, as an investor, it is crucial you personalise your portfolio based on your financial personality, which includes your risk comfort and time horizon of your financial goals.
Is a higher yield-to-maturity (YTM) always better?
Not necessarily in every case. A higher yield-to-maturity (YTM) often implies a bond having lower credit ratings, possessing higher default risk. You must weigh YTM against your portfolio quality and your time horizon.
What’s best for an emergency fund?
An emergency fund requires saving 3-6 months of expenses, meaning planning for short-term goals. While debt funds like overnight or liquid funds are usually the preferred options due to their strong liquidity benefits, it is imperative for you to choose a fund that aligns with your financial personality.
Who can invest in debt funds?
Debt funds are suitable for investors who prefer easy liquidity, want low-risk investments, or aim for capital preservation.
Are debt funds better than equity funds?
A mutual fund scheme is designed with a specific purpose. Equity funds are for capital appreciation, while debt funds focus on capital preservation. It depends entirely on your personal finance goals, risk tolerance, and investment horizon. Choosing between debt and equity funds must align with what you want to achieve financially.
Disclaimer
The Information in the scoring and ranking model is provided solely for general information and educational purposes and shall not constitute any advice or recommendation. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not an indicator of future returns.
Don't chase past returns.
Build a portfolio for the future
Our Advisory Includes
- Portfolio diversification
- Mutual fund tax harvesting
- Fund overlap check & more