Name of the fund | Parag Parikh Liquid Fund |
Investment Objective | To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments. (Non Guaranteed) |
Type of the scheme | An Open-ended Liquid Scheme |
Date of Allotment | May 11, 2018 |
Name of the Fund Managers | Mr. Raj Mehta - (Since Inception) |
Month End Expense Ratio |
Regular Plan: 0.26%* Direct Plan: 0.16%* *Including additional expenses and GST on management fees. Total Expense ratio is as on last business day of the month |
Tier 1 Benchmark Index | CRISIL Liquid fund index |
Additional Benchmark | CRISIL 1 Year T-Bill index |
Minimum Application Amount |
New Purchase: ₹ 5,000 Additional Purchase: ₹ 1,000 Monthly SIP: ₹ 1,000 Quarterly SIP: ₹ 3,000/- |