Parag Parikh Conservative Hybrid Fund

An open-ended hybrid scheme investing predominantly in debt instruments

Factsheet - JULY 2024

Name of the fund	Parag Parikh Conservative Hybrid Fund (PPCHF)
Investment Objective	To generate regular income through investments predominantly in debt and money market instruments. The Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.
Type of the scheme	An open ended hybrid scheme investing predominantly in debt instruments.
Date of Allotment	26th May 2021
Name of the Fund Managers	Mr. Rajeev Thakkar - Equity Fund Manager (Since Inception) Mr. Raunak Onkar - Equity Fund Manager (Since Inception) Mr. Raj Mehta - Debt Fund Manager (Since Inception) Mr. Rukun Tarachandani - Equity Fund Manager (Since May 16, 2022) Ms. Mansi Kariya - Co - Fund Manager-Debt (Since December 22, 2023)
Month End Expense Ratio	Regular Plan: 0.63%* Direct Plan: 0.33%* *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 Hybrid 85+15 - Conservative Index TRI
Additional Benchmark	CRISIL 10 year GILT Index
Minimum Application / Additional Purchase Amount	New Purchase: ₹ 5000 and in multiples of ₹ 1 thereafter. Additional Purchase: ₹ 1000 and in multiples of ₹ 1 thereafter.
Minimum SIP Investment Amount	Monthly SIP: ₹ 1,000, Quarterly SIP: ₹ 3,000

Assets Under Management (AUM) as on July 31, 2024	₹ 2,113.40 Crores
Average AUM for the Month	₹ 2,073.88 Crores

Net Asset Value (NAV) as on July 31, 2024
Regular Plan	14.0452
Direct Plan	14.1794
Regular Plan - Monthly IDCW	11.1159
Direct Plan - Monthly IDCW	11.0647

Entry Load	Not Applicable
Exit Load	In respect of each purchase / switch-in of Units, 10% of the units (“the limit”) may be redeemed without any exit load from the date of allotment. Any redemption or switch-out in excess of the limit shall be subject to the following exit load: Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment. Any exit load charged (net off GST, if any) shall be credited back to the Scheme.

Average Maturity (Years)*	3.82
*Modified Duration (Years)^#**	3.0902
*Yield to Maturity^^#**	7.36%
*Macaulay duration (Years)^#**	3.2107
*Calculated on amount invest in debt securities (including accrued interest), deployment of funds in TREPS & Reverse Repo and net receivables/payables. ^YTM is calculated on the basis of annualised yield for all securities. # All the above ratios are computed excluding investment in CDMDF units

Equity and Equity Related Instruments
Name	Industry	% of Net Assets
Petronet LNG Limited	Gas	2.90%
Power Grid Corporation of India Limited	Power	2.53%
Coal India Limited	Consumable Fuels	2.21%
ITC Limited	Diversified FMCG	2.17%
Bajaj Auto Limited	Automobiles	2.04%
NMDC Limited	Minerals & Mining	1.28%
Indraprastha Gas Limited	Gas	1.13%
Swaraj Engines Limited	Industrial Products	0.93%
Sub total		15.19%
Arbitrage and Special Situations
Name	Industry	% of Net Assets
^@ HDFC Bank Limited	Banks	0.66%
^@ Kotak Mahindra Bank Limited	Banks	0.41%
^@ Tata Motors Limited DVR	Automobiles	0.32%
^@ Indian Oil Corporation Limited	Petroleum Products	0.10%
^@ Steel Authority of India Limited	Ferrous Metals	0.05%
^@ Balrampur Chini Mills Limited	Agricultural Food & other Products	0.01%
Sub total		1.55%
Total		16.74%
Units issued by REITs & InvITs
Listed / awaiting listing on the stock exchanges
Name	Industry	% of Net Assets
Brookfield India Real Estate Trust	Realty	3.57%
Embassy Office Parks REIT	Realty	2.64%
Mindspace Business Parks REIT	Realty	0.80%
Sub total		7.01%
Debt and Money Market Instruments
Name	Rating	% of Net Assets
Certificate of Deposit
Punjab National Bank (15/05/2025)	CRISIL A1+	2.46%
Axis Bank Limited (05/06/2025)	CRISIL A1+	2.22%
HDFC Bank Limited (24/06/2025)	CRISIL A1+	1.11%
HDFC Bank Limited (11/07/2025)	CARE A1+	1.10%
Kotak Mahindra Bank Limited (14/01/2025)	CRISIL A1+	0.69%
Kotak Mahindra Bank Limited (09/05/2025)	CRISIL A1+	0.67%
Kotak Mahindra Bank Limited (03/01/2025)	CRISIL A1+	0.46%
Kotak Mahindra Bank Limited (15/05/2025)	CRISIL A1+	0.45%
ICICI Bank Limited (25/07/2025)	ICRA A1+	0.22%
Sub total		9.38%
Corporate Bond
6.88% REC Ltd Sr 190 A (MD 20/03/2025)	CRISIL AAA	1.65%
7.58% Power Fin Corp NCD Sr222 (MD15/01/2026)	CRISIL AAA	1.18%
7.57% NABARD Sr 23G NCD (MD 19/03/2026)	CRISIL AAA	1.18%
7.50% NABARD Sr 24A NCD (MD 31/08/2026)	CRISIL AAA	1.18%
8.39% Power Finance Corp Ltd NCD SrC (MD19/04/25)	CRISIL AAA	0.71%
7.77% REC Ltd NCD Ser 227 A (MD 30/09/2026)	CRISIL AAA	0.71%
7.37% Power Fin Corp NCD Sr 230 (MD 22/05/2026)	CRISIL AAA	0.71%
7.87% India Grid Trust Ser Y (MD 24/02/2027)	CRISIL AAA	0.24%
7.64% REC Ltd NCD Ser 225 (MD 30/06/2026)	CRISIL AAA	0.24%
7.4% National Hsg Bank Ltd NCD (16/07/2026)	CRISIL AAA	0.24%
7.7% India Grid Trust Ser 3 (MD 06/05/2028)	CRISIL AAA	0.23%
Sub total		8.27%
Government securities/State Development Loans (SDLs)
7.76% Maharashtra SDL (MD 04/10/2030)	Sovereign	2.18%
7.7% Maharashtra SDL (MD 19/10/2030)	Sovereign	1.94%
7.33% Maharashtra SDL (MD 31/05/2031)	Sovereign	1.90%
8.08% Tamilnadu SDL (MD 26/12/2028)	Sovereign	1.71%
7.83% Maharashtra SDL (MD 08/04/2030)	Sovereign	1.70%
8.37% Tamil Nadu SDL (MD 05/12/2028)	Sovereign	1.48%
8.36% Tamil Nadu SDL (MD 12/12/2028)	Sovereign	1.48%
7.78% Maharashtra SDL (MD 27/10/2030)	Sovereign	1.46%
7.68% Gujarat SDL (MD 15/02/2030)	Sovereign	1.45%
8.57% Gujarat SDL (MD 06/11/2028)	Sovereign	1.24%
Other Government Securities	Sovereign	39.22%
Sub total		55.76%
Treasury Bills
364 Days Tbill (MD 09/01/2025)	Sovereign	0.23%
Sub total		0.23%
Mutual Fund Units
Parag Parikh Liquid Fund- Direct Plan- Growth		0.48%
Sub total		0.48%
Corporate Debt Market Development Fund A2
Corporate Debt Market Development Fund		0.25%
Sub total		0.25%
TREPS and Other Receivables and Payables
TREPS Including Cash & Cash Equivalent and Net Current Asset		1.88%
Sub total		1.88%
Net Assets		100.00%

^@ Hedged by offsetting derivative position

Source: Internal sources

Dividend History - Monthly Income Distribution cum capital Withdrawal option
Record date/ Payout Date	Direct		Regular			Regular	Direct	Regular	Direct
Record date/ Payout Date	Retail	Corporate	Retail	Corporate	Face Value	NAV per Unit (Ex IDCW)	NAV per Unit (Ex IDCW)	NAV per Unit (Cum IDCW)	NAV per Unit (Cum IDCW)
29^thJuly 2024	0.0000	0.0000	0.0739	0.0739	10	11.1116	11.0602	11.1855	11.0602
24^thJun 2024	0.0730	0.0730	0.0308	0.0308	10	10.9598	10.8340	10.9905	10.907
27^thMay 2024	0.0688	0.0688	0.0529	0.0529	10	10.8541	13.7083	10.9070	13.5858

Lumpsum Investment Performance (Compounded annual returns)
	Scheme	Tier I Benchmark	Additional Benchmark	Value of Investment of Rs. 10,000/-
Date	PPCHF (Regular)	CRISIL Hybrid 85+15 Conservative Index	CRISIL 10 year Gilt Index	PPCHF (Regular)	CRISIL Hybrid 85+15 Conservative Index	CRISIL 10 year Gilt Index
Since Inception (May 26, 2021)*	11.26%	7.80%	4.29%	14,045	12,699	11,432
July 31, 2023 to July 31, 2024 (Last 1 Year)	18.67%	12.16%	8.33%	11,873	11,219	10,835
July 30, 2021 to July 31, 2024 (Last 3 Years)	11.89%	8.02%	4.89%	14,017	12,610	11,544

*Since inception returns are calculated on Rs. 10 (allotment price)
Note:

Different plans shall have different expense structures.
Scheme returns shown are for regular plans.
Past performance may or may not be sustained in future and is not a guarantee of any future returns
Data presented here is upto the last calendar month.
Greater than 1 year returns are CAGR returns.

1 Year Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Conservative Hybrid Fund - Reg - Growth	10.54%	19.08%	3.88%	4.31%
CRISIL Hybrid 85+15 Conservative Index	6.84%	12.91%	-0.31%	3.90%
3 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Conservative Hybrid Fund - Reg - Growth	11.15%	11.94%	10.37%	0.44%
CRISIL Hybrid 85+15 Conservative Index	7.56%	8.02%	6.86%	0.31%
Returns are calculated since inception with daily rolling frequency for the 1 and 3 year period.

SIP Investment Performance (Assumption : 10,000/- is invested on the first of every month)

Date

Since Inception from May 26, 2021

July 31, 2023 to
July 31, 2024
(Last 1 Year)

July 30, 2021 to
July 31, 2024
(Last 3 Years)

Total Amount Invested

3,90,000

1,20,000

3,60,000

Market value of Investment (Regular Plan)

4,84,463

1,31,560

4,42,350

(Regular Plan) Returns (Annualised) (%)

13.46%

18.35%

13.85%

CRISIL Hybrid 85+15 - Conservative Index Returns (Annualised) (%)

9.66%

13.96%

9.99%

CRISIL 10 year Gilt Index Returns (Annualised) (%)

6.75%

9.78 %

7.17%

Total number of units held in Parag Parikh Conservative Hybrid Fund as per SEBI vide its Master Circular For Mutual Funds dated June 27, 2024 (Alignment of interest of Designated Employees of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes) as at July 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Conservative Hybrid Fund - Direct Plan Growth	272,001.87	3,856,822.88

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Conservative Hybrid Fund amounts to ₹ 9.33 Crores of AUM as at July 31, 2024. For more details please visit the 'Scheme' section of our website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Parag Parikh Arbitrage Fund

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An open ended scheme investing in arbitrage opportunities

Factsheet - JULY 2024

Name of the fund	Parag Parikh Arbitrage Fund (PPAF)
Investment Objective	The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Type of the scheme	An open ended scheme investing in arbitrage opportunities
Date of Allotment	2nd November 2023
Name of the Fund Managers	Mr. Rajeev Thakkar - Equity Fund Manager (Since Inception) Mr. Raunak Onkar - Equity Fund Manager (Since Inception) Mr. Raj Mehta - Debt Fund Manager (Since Inception) Mr. Rukun Tarachandani - Equity Fund Manager (Since Inception) Ms. Mansi Kariya - Co - Fund Manager - Debt (Since December 22, 2023)
Month End Expense Ratio	Regular Plan: 0.65%* Direct Plan: 0.30%* *Including additional expenses and GST on management fees. Total Expense ratio is as on last business day of the month
Tier 1 Benchmark Index	Nifty 50 Arbitrage Total Return Index (TRI)
Additional Benchmark	CRISIL 1 Year T-Bill Index
Minimum Application / Additional Purchase Amount	New Purchase: ₹ 1000 and in multiples of ₹ 1 thereafter. Additional Purchase: ₹ 1000 and in multiples of ₹ 1 thereafter.
Minimum SIP Investment Amount	Monthly SIP: ₹ 1,000, and Quarterly SIP: ₹ 3,000

Assets Under Management (AUM) as on July 31, 2024	₹ 892.32 Crores
Average AUM for the Month	₹ 853.41 Crores

Net Asset Value (NAV) as on July 31, 2024
Regular Plan	10.5556
Direct Plan	10.5832

Entry Load	Not Applicable
Exit Load	In respect of each purchase / switch-in of units, an Exit Load of 0.25% is payable if Units are redeemed/ switched-out within 30 days from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 30 days from the date of allotment. Any exit load charged (net off GST, if any) shall be credited back to the Scheme. No exit load will be charged, in case of switch transactions between Plans. i.e Regular Plan and Direct Plan Any exit load charged (net off GST, if any) shall be credited back to the Scheme.

Avg maturity of the fund (Days)*	146.60
Modified Duration (Years)*	0.3716
*Yield to Maturity^**	7.11%
Macaulay duration (Years)*	0.3993
*Calculated on amount invest in debt securities (including accrued interest), deployment of funds in TREPS & Reverse Repo and net receivables/payables. ^YTM is calculated on the basis of annualised yield for all securities.

Hedge Equity / Arbitrage*
Name	Industry	% of Net Assets
Vodafone Idea Limited	Telecom - Services	4.91%
HDFC Bank Limited	Banks	4.78%
Bank of Baroda	Banks	3.62%
NTPC Limited	Power	2.29%
Oil & Natural Gas Corporation Limited	Oil	2.24%
Bharat Electronics Limited	Aerospace & Defense	2.18%
Larsen & Toubro Limited	Construction	2.08%
GMR Airports Infrastructure Limited	Transport Infrastructure	1.98%
Kotak Mahindra Bank Limited	Banks	1.86%
Reliance Industries Limited	Petroleum Products	1.64%
Other Equity		43.15%
Sub total		70.73%
Debt and Money Market Instruments
Name	Rating	% of Net Assets
Certificate of Deposit
NABARD (17/01/2025)	CRISIL A1+	2.71%
Punjab National Bank (15/05/2025)	CRISIL A1+	2.65%
HDFC Bank Limited (24/06/2025)	CRISIL A1+	2.62%
Axis Bank Limited (05/06/2025)	CRISIL A1+	2.11%
Kotak Mahindra Bank Limited (24/07/2025)	CRISIL A1+	2.09%
Axis Bank Limited (10/01/2025)	CRISIL A1+	0.54%
Kotak Mahindra Bank Limited (15/05/2025)	CRISIL A1+	0.53%
Sub total		13.25%
Mutual Fund Units
Parag Parikh Liquid Fund- Direct Plan- Growth		12.74%
Sub total		12.74%
TREPS and Other Receivables and Payables
TREPS Including Cash & Cash Equivalent and Net Current Asset		3.28%
Sub total		3.28%
Net Assets		100.00%

*Outstanding Derivative exposure - 66.99%

Source: Internal sources

Note: Performance, SIP & other parameters are not disclosed as fund has not completed 1 year.

Total number of units held in Parag Parikh Arbitrage Fund as per SEBI vide its Master Circular For Mutual Funds dated June 27, 2024 (Alignment of interest of Designated Employees of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes) as at July 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Arbitrage Fund - Direct Plan Growth	16,412.29	173,694.71

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Arbitrage Fund amounts to ₹ 24.43 Crores of AUM as at July 31, 2024.For more details please visit the 'Scheme' section of our website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Parag Parikh Dynamic Asset Allocation Fund

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An open ended dynamic asset allocation fund

Factsheet - JULY 2024

Name of the fund	Parag Parikh Dynamic Asset Allocation Fund (PPDAAF)
Investment Objective	The investment objective of the Scheme is to generate income/ long-term capital appreciation by investing in equity, equity derivatives, fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation while managing downside risk. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Type of the scheme	An open ended dynamic asset allocation fund
Date of Allotment	27th February 2024
Name of the Fund Managers	Mr. Rajeev Thakkar - Equity Fund Manager (Since Inception) Mr. Raunak Onkar - Equity Fund Manager (Since Inception) Mr. Raj Mehta - Debt Fund Manager (Since Inception) Mr. Rukun Tarachandani - Equity Fund Manager (Since Inception) Ms. Mansi Kariya - Co - Fund Manager - Debt (Since Inception)
Month End Expense Ratio	Regular Plan: 0.62%* Direct Plan: 0.32%* *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 Hybrid 50+50 Moderate Index
Additional Benchmark	Nifty 50 TRI
Minimum Application / Additional Purchase Amount	Initial purchase - ₹ 5000 and any amount thereafter Additional Purchase: ₹ 500 and any amount thereafter
Minimum SIP Investment Amount	Monthly SIP: ₹ 1,000, and Quarterly SIP: ₹ 3,000

Assets Under Management (AUM) as on July 31, 2024	₹ 888.24 Crores
Average AUM for the Month	₹ 823.70 Crores

Net Asset Value (NAV) as on July 31, 2024
Regular Plan	10.7122
Direct Plan	10.7259
Regular Plan - Monthly IDCW:	10.5457
Direct Plan - Monthly IDCW:	10.5758

Entry Load	Not Applicable
Exit Load	In respect of each purchase / switch-in of Units, 10% of the units ("thelimit") may be redeemed without any exit load from the date of allotment. Any redemption or switch-out in excess of the limit shall be subject to thefollowing exit load: -Exit load of 1.00% is payable if Units are redeemed / switched-outwithin 1 year from the date of allotment of units. -No Exit Load is payable if Units are redeemed / switched-out after 1year from the date of allotment. Any exit load charged (net off GST, if any) shall be credited back to the Scheme.

Avg maturity of the fund (Years)*	3.85
*Modified Duration (Years)^#**	3.0410
*Yield to Maturity^{^#}**	7.38%
*Macaulay duration (Years)^#**	3.1682
*Calculated on amount invest in debt securities (including accrued interest), deployment of funds in TREPS & Reverse Repo and net receivables/payables. ^YTM is calculated on the basis of annualised yield for all securities. # All the above ratios are computed excluding investment in CDMDF units

Equity and Equity Related Instruments
Listed / awaiting listing on the stock exchanges
Name	Industry	% of Net Assets
Petronet LNG Limited	Gas	3.15%
Coal India Limited	Consumable Fuels	3.06%
Power Grid Corporation of India Limited	Power	3.01%
ITC Limited	Diversified FMCG	3.01%
Swaraj Engines Limited	Industrial Products	2.52%
VST Industries Limited	Cigarettes & Tobacco Products	1.56%
Sub total		16.31%
Arbitrage and Special Situations
Name	Industry	% of Net Assets
^@ Tata Motors Limited DVR	Automobiles	4.69%
^@ HDFC Bank Limited	Banks	3.75%
^@ Vodafone Idea Limited	Telecom - Services	2.10%
^@ Kotak Mahindra Bank Limited	Banks	1.57%
^@ Bharat Electronics Limited	Aerospace & Defense	1.11%
^@ State Bank of India	Banks	1.00%
^@ Reliance Industries Limited	Petroleum Products	0.88%
^@ Bajaj Finance Limited	Finance	0.71%
^@ NTPC Limited	Power	0.57%
^@ Titan Company Limited	Consumer Durables	0.56%
Others		4.91%
Sub total		21.85%
Total		38.16%
Certificate of Deposit
Punjab National Bank (15/05/2025)	CRISIL A1+	2.66%
HDFC Bank Limited (24/06/2025)	CRISIL A1+	2.64%
Axis Bank Limited (16/07/2025)	CRISIL A1+	2.62%
Kotak Mahindra Bank Limited (15/05/2025)	CRISIL A1+	1.06%
ICICI Bank Limited (25/07/2025)	ICRA A1+	0.52%
Sub total		9.50%
Corporate Bond/NCD
7.59% National Hsg Bank NCD MD(14/07/2027)	CRISIL AAA	1.69%
7.58% NABARD Sr 23H NCD (MD 31/07/2026)	CRISIL AAA	1.69%
7.37% Power Fin Corp NCD Sr 230 (MD 22/05/2026)	CRISIL AAA	1.68%
8.39% Power Finance Corp Ltd NCD SrC (MD19/04/25)	CRISIL AAA	1.13%
7.68% IRFC NCD Series 173 (MD 24/11/2026)	CRISIL AAA	1.13%
7.4% National Hsg Bank Ltd NCD (16/07/2026)	CRISIL AAA	1.12%
7.25% NABARD Sr 23C NCD (MD 01/08/2025)	CRISIL AAA	1.12%
6.88% REC Ltd Sr 190 A (MD 20/03/2025)	CRISIL AAA	1.12%
7.95% REC Ltd NCD (MD 12/03/2027)	CRISIL AAA	0.57%
7.77% REC Ltd NCD Ser 227 A (MD 30/09/2026)	CRISIL AAA	0.56%
7.87% India Grid Trust Ser Y (MD 24/02/2027)	CRISIL AAA	0.56%
Sub total		12.37%
Government securities/State Development Loans (SDLs)
7.7% Maharashtra SDL (MD 08/03/2031)	Sovereign	2.88%
7.49% Maharashtra SDL (MD 12/04/2030)	Sovereign	2.28%
6.98% Tamilnadu SDL (MD 14/07/2031)	Sovereign	2.22%
8.22% Karnataka SDL (MD 30/01/2031)	Sovereign	1.77%
7.63% Maharashtra SDL (MD 11/05/2030)	Sovereign	1.72%
7.45% TELANGANA SDL (MD 02/08/2030)	Sovereign	1.71%
7.33% Maharashtra SDL (MD 31/05/2031)	Sovereign	1.70%
8.37% Tamilnadu SDL (MD 06/03/2029)	Sovereign	1.18%
7.83% Maharashtra SDL (MD 08/04/2030)	Sovereign	1.16%
7.76% Maharashtra SDL (MD 04/10/2030)	Sovereign	1.15%
7.7% Maharashtra SDL (MD 19/10/2030)	Sovereign	1.15%
7.7% Andhra Pradesh SDL (MD 06/12/2029)	Sovereign	1.15%
7.68% Tamilnadu SDL (MD 25/10/2030)	Sovereign	1.15%
7.69% Maharashtra SDL (MD 15/03/2031)	Sovereign	1.15%
6.95% Tamilnadu SDL (MD 17/02/2031)	Sovereign	1.11%
6.83% Maharashtra SDL (MD 23/06/2031)	Sovereign	1.10%
6.52% Karnataka SDL (MD 16/12/2030)	Sovereign	1.09%
6.53% Tamilnadu SDL (MD 06/01/2031)	Sovereign	1.08%
Other Government Securities	Sovereign	6.30%
Sub total		33.05%
Treasury Bills
364 Days Tbill (MD 16/01/2025)	Sovereign	0.55%
Sub total		0.55%
Mutual Fund Units
Parag Parikh Liquid Fund- Direct Plan- Growth		3.91%
Sub total		3.91%
TREPS and Other Receivables and Payables
TREPS Including Cash & Cash Equivalent and Net Current Asset		2.46%
Sub total		2.46%
Net Assets		100.00%

^@ Hedged by offsetting derivative position

Source: Internal sources

Dividend History - Monthly Income Distribution cum capital Withdrawal option
Record date/ Payout Date	Direct		Regular			Regular	Direct	Regular	Direct
Record date/ Payout Date	Retail	Corporate	Retail	Corporate	Face Value	NAV per Unit (Ex IDCW)	NAV per Unit (Ex IDCW)	NAV per Unit (Cum IDCW)	NAV per Unit (Cum IDCW)
29 ^th July 2024	0.0307	0.0307	0.0320	0.0320	10.0000	10.5177	10.5476	10.5498	10.5783
24 ^th June 2024	0.0045	0.0045	0.0018	0.0018	10.0000	10.3320	10.3570	10.3338	10.3614
27 ^th May 2024	0.0337	0.0337	0.0531	0.0531	10.0000	10.1719	10.1968	10.2250	10.2305

PPFAS

Total number of units held in Parag Parikh Dynamic Asset Allocation Fund as per SEBI vide its Master Circular For Mutual Funds dated June 27, 2024 (Alignment of interest of Designated Employees of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes) as at July 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Dynamic Asset Allocation Fund - Direct Plan Growth	9,866.19	1,05,823.68

Note: Performance, SIP & other parameters are not disclosed as fund has not completed 1 year.

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Dynamic Asset Allocation Fund amounts to ₹ 8.78 Crores of AUM as at July 31, 2024.For more details please visit the 'Scheme' section of our website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Parag Parikh Flexi Cap Fund

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(Formerly known as Parag Parikh Long Term Equity Fund)
An open ended dynamic Equity scheme investing across large cap, mid cap, small cap stocks.

Factsheet - JULY 2024

Name of the fund	Parag Parikh Flexi Cap Fund (PPFCF)
Investment Objective	To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities, foreign equities and related instruments and debt securities.
Type of the scheme	An open ended dynamic Equity scheme investing across large cap, mid cap, small cap Stocks.
Date of Allotment	May 24, 2013
Name of the Fund Managers	Mr. Rajeev Thakkar - Equity Fund Manager (Since Inception) Mr. Raunak Onkar - Dedicated Fund Manager for Overseas Securities (Since Inception) Mr. Raj Mehta - Debt Fund Manager (Since January 27, 2016) Mr. Rukun Tarachandani - Equity Fund Manager (Since May 16, 2022) Ms. Mansi Kariya - Co - Fund Manager - Debt (Since December 22, 2023)
Month End Expense Ratio	Regular Plan: 1.33%* Direct Plan: 0.63%* *Including additional expenses and GST on management fees. Total Expense ratio is as on last business day of the month
Tier 1 Benchmark Index	NIFTY 500 (TRI)
Additional Benchmark	NIFTY 50 (TRI)
Minimum Application / Additional Purchase Amount	New Purchase: ₹ 1,000 Additional Purchase: ₹ 1,000
Minimum SIP Investment Amount	Monthly SIP: ₹ 1,000, Quarterly SIP: ₹ 3,000

Assets Under Management (AUM) as on July 31, 2024	₹ 75,956.22 Crores
Average AUM for the Month	₹ 74,310.87 Crores

Net Asset Value (NAV) as on July 31, 2024
Regular Plan:	78.4187
Direct Plan:	84.9013

Entry Load	Not Applicable
Exit Load	In respect of each purchase / switch-in of Units, 10% of the units ("the limit") may be redeemed without any exit load from the date of allotment. Any redemption or switch-out in excess of the limit shall be subject to the following exit load: 2.00% if the investment is redeemed on or before 365 days from the date of allotment of units. 1.00% if the investment is redeemed after 365 days but on or before 730 days from the date of allotment of units. No Exit Load will be charged if investment is redeemed after 730 days from the date of allotment of units. No exit load will be charged, in case of switch transactions between Regular Plan and Direct Plan of the Scheme for existing as well as prospective investors. Above exit load structure is applicable prospectively, for all investments (including SIP/STP and SWP registered) with effect from 15^th Nov 2021. Any exit load charged (net off GST, if any) shall be credited back to the Scheme.

Beta	0.71
Standard Deviation	10.91%
Sharpe Ratio	1.10
Portfolio Turnover (excl Equity Arbitrage)	5.81%
Portfolio Turnover (incl Equity Arbitrage)	20.49%
- Above figures are annualised. - Risk free rate assumed to be 6.55% (FBIL Overnight MIBOR as on July 31, 2024)

Portfolio Disclosure
Core Equity
Name	Industry	% of Net Assets
HDFC Bank Limited	Banks	8.03%
Power Grid Corporation of India Limited	Power	6.86%
Bajaj Holdings & Investment Limited	Finance	6.50%
ITC Limited	Diversified FMCG	5.76%
Coal India Limited	Consumable Fuels	5.75%
Maruti Suzuki India Limited	Automobiles	5.25%
ICICI Bank Limited	Banks	5.07%
HCL Technologies Limited	IT - Software	4.05%
Axis Bank Limited	Banks	3.63%
Kotak Mahindra Bank Limited	Banks	2.51%
Motilal Oswal Financial Services Limited	Capital Markets	2.26%
Infosys Limited	IT - Software	2.15%
Balkrishna Industries Limited	Auto Components	1.83%
Central Depository Services (India) Limited	Capital Markets	1.58%
NMDC Limited	Minerals & Mining	1.50%
Multi Commodity Exchange of India Limited	Capital Markets	1.41%
Zydus Lifesciences Limited	Pharmaceuticals & Biotechnology	1.26%
Indian Energy Exchange Limited	Capital Markets	1.12%
Indraprastha Gas Limited	Gas	1.05%
Dr. Reddy's Laboratories Limited	Pharmaceuticals & Biotechnology	1.04%
Cipla Limited	Pharmaceuticals & Biotechnology	0.85%
IPCA Laboratories Limited	Pharmaceuticals & Biotechnology	0.61%
ICRA Limited	Capital Markets	0.31%
UTI Asset Management Company Limited	Capital Markets	0.29%
EID Parry India Limited	Fertilizers & Agrochemicals	0.24%
Maharashtra Scooters Limited	Finance	0.10%
Swaraj Engines Limited	Industrial Products	0.02%
Accelya Solutions India Limited	IT - Software	0.01%
Total		71.04%
Arbitrage and Special Situations
^@ Bajaj Finance Ltd	Finance	0.34%
^@ Bharat Electronics Limited	Aerospace & Defense	0.05%
^@ Tata Motors Limited DVR	Automobiles	0.04%
^@ Tech Mahindra Limited	IT - Software	0.04%
^@ IndusInd Bank Limited	Banks	0.04%
^@ Others		0.21%
Sub total		0.72%
Total		71.76%
Overseas Securities, IDRS and ADRs
Alphabet Inc (Google Class A)	Computer Software	3.55%
Microsoft Corporation	Computer Software	3.38%
Meta Platforms Registered Shares A	Computer Software	3.09%
Amazon.Com Inc	Catalog/Specialty Distribution	2.82%
Total		12.84%
Index / Stock Options
Nifty 50 Index 22000 Call December 2024 Option		0.02%
Total		0.02%
Debt and Money Market Instruments
Certificate of Deposit	Rating
Punjab National Bank (15/05/2025)	CRISIL A1+	0.37%
ICICI Bank Limited (27/06/2025)	ICRA A1+	0.34%
Canara Bank (22/01/2025)	CRISIL A1+	0.25%
Union Bank of India (31/01/2025)	IND A1+	0.25%
Bank of Baroda (20/02/2025)	IND A1+	0.25%
Indian Bank (13/03/2025)	CRISIL A1+	0.25%
National Bank For Agriculture and Rural Development (17/01/2025)	CRISIL A1+	0.22%
HDFC Bank Limited (11/07/2025)	CARE A1+	0.21%
Axis Bank Limited (05/06/2025)	CRISIL A1+	0.19%
Axis Bank Limited (15/07/2025)	CRISIL A1+	0.18%
Kotak Mahindra Bank Limited (29/01/2025)	CRISIL A1+	0.16%
National Bank For Agriculture and Rural Development (20/06/2025)	CRISIL A1+	0.15%
HDFC Bank Limited (24/06/2025)	CRISIL A1+	0.15%
Kotak Mahindra Bank Limited (09/05/2025)	CRISIL A1+	0.12%
Indian Bank (23/05/2025)	CRISIL A1+	0.12%
Kotak Mahindra Bank Limited (14/01/2025)	CRISIL A1+	0.10%
ICICI Bank Limited (25/07/2025)	ICRA A1+	0.03%
Total		3.34%
T-Bill	Rating
364 Days Tbill (MD 16/01/2025)	Sovereign	0.38%
364 Days Tbill (MD 09/01/2025)	Sovereign	0.08%
TREPS Including Cash & Cash Equivalent and Net Current Asset	Cash & Cash Equivalent	11.58%
Sub total		12.04%
Net Assets		100.00%

^@ Hedged by offsetting derivative position

Lumpsum Investment Performance (Compounded annual returns)
	Scheme	Tier I Benchmark	Additional Benchmark	Value of Investment of Rs. 10,000/-
Date	PPFCF (Regular)	NIFTY 500 (TRI)	NIFTY 50 (TRI)	PPFCF (Regular)	NIFTY 500 (TRI)	NIFTY 50 (TRI)
Since Inception (May 24, 2013)*	20.20%	16.83%	15.03%	78,419	57,067	47,950
July 31, 2023 to July 31, 2024 (Last 1 Year)	36.69%	39.15%	27.76%	13,680	13,928	12,784
July 30, 2021 to July 31, 2024 (Last 3 Years)	19.48%	21.05%	17.86%	17,071	17,755	16,387
July 31, 2019 to July 31, 2024 (Last 5 Years)	26.03%	22.32%	18.90%	31,834	27,411	23,784
July 31, 2014 to July 31, 2024 (Last 10 Years)	18.39%	15.53%	13.79%	54,167	42,412	36,448

*Since inception returns are calculated on Rs. 10 (allotment price)
Note:

Different plans shall have different expense structures.
Scheme returns shown are for regular plan
Past performance may or may not be sustained in future and is not a guarantee of any future returns
Greater than 1 year returns are CAGR returns.
Data presented here is upto the last calendar month.

SIP Investment Performance (Assumption : 10,000/- is invested on the first of every month)
Date	Since Inception from May 24, 2013	July 31, 2023 to July 31, 2024 (Last 1 Year)	July 30, 2021 to July 31, 2024 (Last 3 Years)	July 31, 2019 to July 31, 2024 (Last 5 Years)	July 31, 2014 to July 31, 2024 (Last 10 Years)
Total Amount Invested	13,50,000	1,20,000	3,60,000	6,00,000	12,00,000
Market value of Investment (Regular Plan)	46,97,006	1,44,834	5,29,320	11,71,244	36,21,124
(Regular Plan) Returns (Annualised) (%)	20.71%	40.50%	26.72%	27.12%	20.93%
Nifty 500 (TRI) Returns (Annualised) (%)	17.89%	46.75%	27.51%	25.94%	18.19%
Nifty 50 (TRI) Returns (Annualised) (%)	15.96%	35.81%	21.63%	21.52%	16.27%

*Since inception returns are calculated on Rs. 10 (allotment price)
Note:

Different plans shall have different expense structures.
Scheme returns shown are for regular plan
Past performance may or may not be sustained in the future.
Greater than 1 year returns are CAGR returns.
Data presented here is upto the last calendar month.

3 Year Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Flexi Cap Fund - Reg - Growth	18.16%	36.29%	0.07%	6.07%
Tier I Benchmark Index - Nifty 500 TRI	14.62%	33.50%	-6.31%	6.08%
5 Year Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Flexi Cap Fund - Reg - Growth	17.14%	26.03%	3.44%	4.34%
Tier I Benchmark Index - Nifty 500 TRI	13.20%	22.34%	-1.05%	4.05%
10 Year Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Flexi Cap Fund - Reg - Growth	19.08%	20.60%	17.81%	0.62%
Tier I Benchmark Index - Nifty 500 TRI	15.63%	17.02%	14.00%	0.66%
- Returns are calculated since inception with daily rolling frequency for the 3, 5 and 10 year period. (PPFCF)

Source: Internal sources
Value of Rs 100 invested in Scheme/Benchmark indices

Note: Fresh Investment in foreign securities were temporarily suspended from February 2, 2022. Further, SEBI vide its letter SEBI/HO/OW/IMD-II/DOF3/P/25095/2022 dated June 17, 2022 has permitted the AMCs to resume subscription and make investments in overseas funds / securities upto the headroom available without breaching the overseas investment limit as of February 01, 2022.

Total number of units held in Parag Parikh Flexi Cap Fund as per SEBI vide its Master Circular For Mutual Funds dated June 27, 2024 (Alignment of interest of Designated Employees of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes) as at July 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Flexi Cap Fund - Direct Plan	12,98,353.46	11,02,31,894.31

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Flexi Cap Fund amounts to ₹ 456.05 Crores of AUM as at July 31, 2024.For more details please visit the 'Scheme' section of our website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Parag Parikh ELSS Tax Saver Fund

Invest Now

An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit.

Factsheet - JULY 2024

Name of the fund	Parag Parikh ELSS Tax Saver Fund (PPTSF)
Investment Objective	The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. (80% of total assets in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance) However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Type of the scheme	An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit.
Date of Allotment	July 24, 2019
Name of the Fund Managers	Mr. Rajeev Thakkar - Equity Fund Manager (Since Inception) Mr. Raunak Onkar - Co Fund Manager (Since Inception) Mr. Raj Mehta - Debt Fund Manager (Since Inception) Mr. Rukun Tarachandani - Equity Fund Manager (Since May 16, 2022) Ms. Mansi Kariya - Co - Fund Manager - Debt (Since December 22, 2023)
Month End Expense Ratio	Regular Plan: 1.72%* Direct Plan: 0.62%* *Including additional expenses and GST on management fees. Total Expense ratio is as on last business day of the month
Tier 1 Benchmark Index	NIFTY 500 (TRI)
Additional Benchmark	NIFTY 50 (TRI)
Minimum Application / Additional Purchase Amount	New Purchase: ₹ 500 and in multiples of ₹ 500 Additional Purchase: ₹ 500 and in multiples of ₹ 500
Minimum SIP Investment Amount	Monthly SIP: ₹ 1,000, Quarterly SIP: ₹ 3,000

Assets Under Management (AUM) as on July 31, 2024	₹ 4,016.58 Crores
Average AUM for the Month	₹ 3,911.53 Crores

Net Asset Value (NAV) as on July 31, 2024
Direct Plan	30.2316
Regular Plan	32.1483

Entry Load	Not Applicable
Exit Load	NIL

Beta	0.66
Standard Deviation	10.02%
Sharpe Ratio	1.36
Portfolio Turnover	12.15%
- Above figures are annualised. - Risk free rate assumed to be 6.55% (FBIL Overnight MIBOR as on July 31, 2024)

Core Equity
Name	Industry	% of Net Assets
Bajaj Holdings & Investment Limited	Finance	8.21%
HDFC Bank Limited	Banks	8.04%
Coal India Limited	Consumable Fuels	6.31%
Power Grid Corporation of India Limited	Power	6.16%
ITC Limited	Diversified FMCG	5.53%
Maruti Suzuki India Limited	Automobiles	5.20%
ICICI Bank Limited	Banks	4.98%
Maharashtra Scooters Limited	Finance	4.65%
Infosys Limited	IT - Software	3.74%
HCL Technologies Limited	IT - Software	3.73%
Tata Consultancy Services Limited	IT - Software	3.71%
Axis Bank Limited	Banks	3.28%
Wipro Limited	IT - Software	3.21%
Kotak Mahindra Bank Limited	Banks	2.53%
Balkrishna Industries Limited	Auto Components	2.05%
NMDC Limited	Minerals & Mining	1.44%
Motilal Oswal Financial Services Limited	Capital Markets	1.34%
Zydus Lifesciences Limited	Pharmaceuticals & Biotechnology	1.16%
VST Industries Limited	Cigarettes & Tobacco Products	1.16%
Indraprastha Gas Limited	Gas	1.05%
Dr. Reddy's Laboratories Limited	Pharmaceuticals & Biotechnology	1.02%
CMS Info System Limited	Commercial Services & Supplies	1.02%
Cipla Limited	Pharmaceuticals & Biotechnology	0.79%
UTI Asset Management Company Limited	Capital Markets	0.73%
IPCA Laboratories Limited	Pharmaceuticals & Biotechnology	0.57%
Multi Commodity Exchange of India Limited	Capital Markets	0.52%
Central Depository Services (India) Limited	Capital Markets	0.51%
Indian Energy Exchange Limited	Capital Markets	0.42%
CCL Products (India) Limited	Agricultural Food & other Products	0.30%
Swaraj Engines Limited	Industrial Products	0.25%
ICRA Limited	Capital Markets	0.23%
EID Parry India Limited	Fertilizers & Agrochemicals	0.23%
Accelya Solutions India Limited	IT - Software	0.04%
Total		84.11%
Debt and Money Market Instruments
Certificate of Deposit	Rating
HDFC Bank Limited (11/07/2025)	CARE A1+	1.16%
Axis Bank Limited (15/07/2025)	CRISIL A1+	1.16%
Canara Bank (22/01/2025)	CRISIL A1+	0.60%
Union Bank of India (31/01/2025)	IND A1+	0.60%
Bank of Baroda (20/02/2025)	IND A1+	0.60%
Indian Bank (13/03/2025)	CRISIL A1+	0.60%
Kotak Mahindra Bank Limited (09/05/2025)	CRISIL A1+	0.59%
Punjab National Bank (15/05/2025)	CRISIL A1+	0.59%
National Bank For Agriculture and Rural Development (20/06/2025)	CRISIL A1+	0.58%
Punjab National Bank (10/07/2025)	CRISIL A1+	0.58%
ICICI Bank Limited (25/07/2025)	ICRA A1+	0.58%
Total		7.64%
Treasury Bill
364 Days Tbill (MD 09/01/2025)	Sovereign	0.12%
TREPS Including Cash & Cash Equivalent and Net Current Asset	Cash & Cash Equivalent	8.13%
Net Assets		100.00%

Lumpsum Investment Performance (Compounded annual returns)
	Scheme	Tier I Benchmark	Additional Benchmark	Value of Investment of Rs. 10,000/-
Date	PPTSF (Regular)	NIFTY 500 (TRI)	NIFTY 50 (TRI)	PPTSF (Regular)	NIFTY 500 (TRI)	NIFTY 50 (TRI)
Since Inception (July 24, 2019)*	24.63%	21.93%	18.50%	30,232	27,077	23,467
July 31, 2023 to July 31, 2024 (Last 1 Year)	36.17%	39.15%	27.76%	13,628	13,928	12,784
July 30, 2021 to July 31, 2024 (Last 3 Years)	21.48%	21.05%	17.86%	17,948	17,755	16,387
July 31, 2019 to July 31, 2024 (Last 5 Years)	24.86%	22.32%	18.90%	30,385	27,411	23,784

*Since inception returns are calculated on Rs. 10 (allotment price)
Note:

Different plans shall have different expense structures.
Scheme returns shown are for regular plan.
Past performance may or may not be sustained in future and is not a guarantee of any future returns
Data presented here is upto the last calendar month.
Greater than 1 year returns are CAGR returns.

SIP Investment Performance (Assumption : 10,000/- is invested on the first of every month)
Date	Since Inception from July 24, 2019	July 31, 2023 to July 31, 2024 (Last 1 Year)	July 30, 2021 to July 31, 2024 (Last 3 Years)	July 31, 2019 to July 31, 2024 (Last 5 Years)
Total Amount Invested	6,10,000	1,20,000	3,60,000	6,00,000
Market value of Investment (Regular Plan)	11,84,738	1,44,718	5,25,006	11,54,506
(Regular Plan) Returns (Annualised) (%)	26.44%	40.30%	26.11%	26.52%
Nifty 500 (TRI) Returns (Annualised) (%)	25.77%	46.75%	27.51%	25.94%
Nifty 50 (TRI) Returns (Annualised) (%)	21.40%	35.81%	21.63%	21.52%

*Since inception returns are calculated on Rs. 10 (allotment price)
Note:

Different plans shall have different expense structures.
Scheme returns shown are for regular plan.
Past performance may or may not be sustained in future and is not a guarantee of any future returns
Greater than 1 year returns are CAGR returns.
Data presented here is upto the last calendar month.

3 Year Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh ELSS Tax Saver Fund - Regular - Growth	23.96%	35.78%	18.72%	3.17%
Tier I Benchmark Index - Nifty 500 TRI	21.00%	35.50%	14.98%	3.47%
- Returns are calculated since inception with daily rolling frequency for the 3 year period. (PPTSF)

Total number of units held in Parag Parikh ELSS Tax Saver Fund as per SEBI vide its Master Circular For Mutual Funds dated June 27, 2024 (Alignment of interest of Designated Employees of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes) as at July 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh ELSS Tax Saver Fund - Direct Plan	1,85,056.28	59,49,243.66

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh ELSS Tax Saver Fund amounts to ₹ 63.82 Crores of AUM as at July 31, 2024.For more details please visit the 'Scheme' section of our website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Parag Parikh Liquid Fund

Invest Now

An Open ended Liquid scheme. A Relatively Low Interest Rate Risk and Relatively low Credit Risk

Factsheet - JULY 2024

Name of the fund	Parag Parikh Liquid Fund (PPLF)
Investment Objective	To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.
Type of the scheme	An Open ended Liquid scheme. A Relatively Low Interest Rate Risk and Relatively low Credit Risk
Date of Allotment	May 11, 2018
Name of the Fund Managers	Mr. Raj Mehta - Debt Fund Manager (Since Inception) Ms. Mansi Kariya - Co - Fund Manager - Debt (Since December 22, 2023)
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 Debt A-I Index
Additional Benchmark	CRISIL 1 Year T-Bill index
Minimum Application / Additional Purchase Amount	New Purchase: ₹ 5,000 Additional Purchase: ₹ 1,000
Minimum SIP Investment Amount	Monthly SIP: ₹ 1,000, Quarterly SIP: ₹ 3,000/-

Assets Under Management (AUM) as on July 31, 2024	₹ 2,245.78 Crores
Average AUM for the Month	₹ 2,236.10 Crores

Plan	Direct	Regular
Growth	1372.9112	1364.2785
Daily Reinvestment of Income Distribution cum capital withdrawal option	1000.5405	1000.5404
Weekly Reinvestment of Income Distribution cum capital withdrawal option	1001.3610	1001.3526
Monthly Income Distribution cum capital withdrawal option	1003.3618	1003.3564

Record date/ Payout Date	Direct		Regular			Regular	Direct	Regular	Direct
Dividend History - Monthly Income Distribution cum capital Withdrawal option
Record date/ Payout Date	Retail	Corporate	Retail	Corporate	Face Value	NAV per Unit (Ex IDCW)	NAV per Unit (Ex IDCW)	NAV per Unit (Cum IDCW)	NAV per Unit (Cum IDCW)
29^th July 2024	₹ 6.6539	₹ 6.6539	₹ 6.5655	₹ 6.5655	1,000	1,003	1,003	1009.5655	1009.6539
24^th Jun 2024	₹ 5.2445	₹ 5.2445	₹ 5.1669	₹ 5.1669	1,000	1,003	1,003	1008.1669	1008.2445
27^th May 2024	₹ 5.3555	₹ 5.3555	₹ 5.2783	₹ 5.2783	1,000	1,003	1,003	1008.2783	1008.3555

Entry Load	Not Applicable
Exit Load
* For purpose of levying exit load, if subscription (application & funds) is received within cut-off time on a day, Day 1 shall be considered to be the same day, else the day after the date of allotment of units shall be considered as Day 1. Any exit load charged (net off GST, if any) shall be credited back to the Scheme.

Average Maturity (Days)	44.57
Modified duration (Years)^#	0.1118
Yield to Maturity^#	6.83%
Macaulay Duration (Years)^#	0.1195
* Computed on the invested amount # All the above ratios are computed excluding investment in CDMDF units

Source: Internal sources

Treasury Bills
Name	Rating	% of Net Assets
91 Days Tbill (MD 02/08/2024)	Sovereign	5.56%
182 Days Tbill (MD 24/10/2024)	Sovereign	5.48%
364 Days Tbill (MD 03/10/2024)	Sovereign	4.40%
182 Days Tbill (MD 08/08/2024)	Sovereign	3.34%
182 Days Tbill (MD 05/09/2024)	Sovereign	3.32%
182 Days Tbill (MD 12/09/2024)	Sovereign	3.31%
91 Days Tbill (MD 26/09/2024)	Sovereign	3.31%
364 Days Tbill (MD 22/08/2024)	Sovereign	2.22%
182 Days Tbill (MD 19/09/2024)	Sovereign	2.21%
182 Days Tbill (MD 26/09/2024)	Sovereign	2.20%
91 Days Tbill (MD 03/10/2024)	Sovereign	2.20%
364 Days Tbill (MD 17/10/2024)	Sovereign	2.20%
182 Days Tbill (MD 22/08/2024)	Sovereign	1.11%
91 Days Tbill (MD 10/10/2024)	Sovereign	1.10%
Sub Total		41.96%
Non Convertible Debentures
7.49% Power Grid Corporation of India Limited (25/10/2024)	CRISIL AAA	1.11%
8.60% Power Finance Corporation Limited (07/08/2024)	CRISIL AAA	1.11%
Sub Total		2.22%
Commercial Paper
Indian Oil Corporation Limited (13/09/2024)	CRISIL A1+	4.42%
NTPC Limited (20/09/2024)	CRISIL A1+	4.41%
National Housing Bank (28/08/2024)	ICRA A1+	3.32%
National Bank For Agriculture and Rural Development (14/08/2024)	CRISIL A1+	2.22%
National Bank For Agriculture and Rural Development (03/09/2024)	ICRA A1+	2.21%
Sub Total		16.58%
Certificate of Deposit
HDFC Bank Limited (04/09/2024)	ICRA A1+	4.42%
Axis Bank Limited (18/09/2024)	CRISIL A1+	4.41%
Canara Bank (20/09/2024)	CRISIL A1+	4.41%
ICICI Bank Limited (27/09/2024)	ICRA A1+	4.40%
Punjab National Bank (01/10/2024)	CRISIL A1+	4.40%
Union Bank of India (27/08/2024)	IND A1+	3.32%
Kotak Mahindra Bank Limited (27/09/2024)	CRISIL A1+	3.30%
Bank of Baroda (04/10/2024)	IND A1+	3.30%
Indian Bank (03/09/2024)	CRISIL A1+	2.21%
Bank of Baroda (21/10/2024)	IND A1+	1.10%
Sub Total		35.27%
Corporate Debt Market Development Fund A2
Corporate Debt Market Development Fund		0.25%
TREPS and Other Receivables and Payables
TREPS Including Cash & Cash Equivalent and Net Current Asset		3.72%
Net Assets		100.00%

Lumpsum Investment Performance (Compounded annual returns)
	Scheme	Tier I Benchmark	Additional Benchmark	Value of Investment of Rs. 10,000/-
Date	PPLF (Regular)	CRISIL Liquid Debt A-I Index	CRISIL 1 year T-bill Index	PPLF (Regular)	CRISIL Liquid Debt A-I Index	CRISIL 1 year T-bill Index
Since Inception (May 11, 2018)*	5.11%	5.67%	5.94%	13,643	14,095	14,328
July 24, 2024 to July 31, 2024 (Last 7 Days)	6.48%	6.74%	8.82%	10,648	10,674	10,882
July 16, 2024 to July 31, 2024 (Last 15 Days)	6.56%	6.85%	9.74%	10,656	10,685	10,974
June 30, 2024 to July 31, 2024 (Last 1 Month)	6.73%	7.03%	8.60%	10,673	10,703	10,860
July 31, 2023 to July 31, 2024 (Last 1 Year)	6.89%	7.32%	7.36%	10,691	10,734	10,738
July 30, 2021 to July 31, 2024 (Last 3 Years)	5.50%	5.96%	5.58%	11,747	11,899	11,774
July 31, 2019 to July 31, 2024 (Last 5 Years)	4.82%	5.29%	5.55%	12,655	12,946	13,106

*Since inception returns are calculated on Rs. 1000 (allotment price)
Note:

Different plans shall have different expense structures.
Scheme returns shown are for regular plan.
Past performance may or may not be sustained in future and is not a guarantee of any future returns
Greater than 1 year returns are CAGR returns.
Data presented here is upto the last calendar month.
Less than 1 year returns are simple annualised returns.

Total number of units held in Parag Parikh Liquid Fund as per SEBI vide its Master Circular For Mutual Funds dated June 27, 2024 (Alignment of interest of Designated Employees of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes) as at July 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Liquid Fund Direct Plan Growth	2,843.24	39,03,470.71

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Liquid Fund amounts to ₹ 61.08 Crores of AUM as at July 31, 2024. For more details please visit the 'Scheme' section of our website

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Digital Factsheet - July 2024

Parag Parikh Flexi Cap Fund

An open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks.

Parag Parikh Liquid Fund

An Open Ended Liquid Scheme

Parag Parikh Tax Saver Fund

An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit

Parag Parikh Conservative Hybrid Fund

An open-ended hybrid scheme investing predominantly in debt instruments

Investor Helpline:

1800-266-7790 [Toll-free]
[email protected] [For queries/complaints]

Distributor Helpline:

1800-266-8909 [Toll-free] or 91-22-6140-6538
[email protected] [For queries/complaints]