Parag Parikh Conservative Hybrid Fund

An open-ended hybrid scheme investing predominantly in debt instruments

Factsheet - OCTOBER 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: 0.64%* Direct Plan: 0.34%* *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 Oct 31, 2024	₹ 2,288.30 Crores
Average AUM for the Month	₹ 2,271.47 Crores

Net Asset Value (NAV) as on Oct 31, 2024
Regular Plan	14.2984
Direct Plan	14.4459
Regular Plan - Monthly IDCW	10.8684
Direct Plan - Monthly IDCW	10.8665

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)*	3.98
*Modified Duration (Years)^#**	3.1885
*Yield to Maturity^^#**	7.21%
*Macaulay duration (Years)^#**	3.3096
*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	2.42%
Power Grid Corporation of India Limited	Power	2.07%
Coal India Limited	Consumable Fuels	2.01%
ITC Limited	Diversified FMCG	1.99%
Swaraj Engines Limited	Industrial Products	0.80%
Indraprastha Gas Limited	Gas	0.34%
Sub total		9.63%
Arbitrage and Special Situations
Name	Industry	% of Net Assets
Reliance Industries Limited	Petroleum Products	0.86%
HDFC Bank Limited	Banks	0.51%
Tata Motors Limited	Automobiles	0.40%
Kotak Mahindra Bank Limited	Banks	0.36%
Punjab National Bank	Banks	0.17%
GMR Airports Infrastructure Limited	Transport Infrastructure	0.05%
Indian Oil Corporation Limited	Petroleum Products	0.05%
Steel Authority of India Limited	Ferrous Metals	0.04%
IndusInd Bank Limited	Banks	0.03%
Sub total		2.47%
Special Situation
Name	Industry	% of Net Assets
Kesoram Industries Limited/Ultratech Cement	Cement & Cement Products	1.18%
Sub total		1.18%
Total		13.28%
Units issued by REITs & InvITs
Listed / awaiting listing on the stock exchanges
Name	Industry	% of Net Assets
Brookfield India Real Estate Trust	Realty	4.05%
Embassy Office Parks REIT	Realty	2.65%
Mindspace Business Parks REIT	Realty	0.80%
Sub total		7.50%
Debt and Money Market Instruments
Name	Rating	% of Net Assets
Certificate of Deposit
Punjab National Bank (15/05/2025)	CRISIL A1+	2.31%
Axis Bank Limited (05/06/2025)	CRISIL A1+	2.09%
HDFC Bank Limited (24/06/2025)	CRISIL A1+	1.04%
HDFC Bank Limited (11/07/2025)	CARE A1+	1.04%
HDFC Bank Limited (25/07/2025)	CARE A1+	1.04%
Axis Bank Limited (05/09/2025)	CRISIL A1+	1.03%
Kotak Mahindra Bank Limited (24/07/2025)	CRISIL A1+	0.83%
ICICI Bank Limited (25/07/2025)	ICRA A1+	0.83%
Kotak Mahindra Bank Limited (09/05/2025)	CRISIL A1+	0.63%
Kotak Mahindra Bank Limited (15/05/2025)	CRISIL A1+	0.42%
Sub total		11.26%
Corporate Bond
6.88% REC Ltd Sr 190 A (MD 20/03/2025)	CRISIL AAA	1.53%
7.58% Power Fin Corp NCD Sr222 (MD15/01/2026)	CRISIL AAA	1.09%
7.57% NABARD Sr 23G NCD (MD 19/03/2026)	CRISIL AAA	1.09%
7.50% NABARD Sr 24A NCD (MD 31/08/2026)	CRISIL AAA	1.09%
7.68% IRFC NCD Series 173 (MD 24/11/2026)	CRISIL AAA	0.88%
7.37% Power Fin Corp NCD Sr 230 (MD 22/05/2026)	CRISIL AAA	0.87%
7.77% REC Ltd NCD Ser 227 A (MD 30/09/2026)	CRISIL AAA	0.66%
8.39% Power Finance Corp Ltd NCD SrC (MD19/04/25)	CRISIL AAA	0.66%
7.87% India Grid Trust Ser Y (MD 24/02/2027)	CRISIL AAA	0.22%
7.64% REC Ltd NCD Ser 225 (MD 30/06/2026)	CRISIL AAA	0.22%
7.4% National Hsg Bank Ltd NCD (16/07/2026)	CRISIL AAA	0.22%
7.58% NABARD Sr 23H NCD (MD 31/07/2026)	CRISIL AAA	0.22%
7.7% India Grid Trust Ser 3 (MD 06/05/2028)	CRISIL AAA	0.22%
Sub total		8.97%
Government securities/State Development Loans (SDLs)
7.33% Maharashtra SDL (MD 31/05/2031)	Sovereign	2.22%
7.14% Karnataka SDL (MD 12/01/2032)	Sovereign	2.19%
7.76% Maharashtra SDL (MD 04/10/2030)	Sovereign	2.03%
7.7% Maharashtra SDL (MD 19/10/2030)	Sovereign	1.80%
7.83% Maharashtra SDL (MD 08/04/2030)	Sovereign	1.58%
7.78% Maharashtra SDL (MD 27/10/2030)	Sovereign	1.36%
7.68% Gujarat SDL (MD 15/02/2030)	Sovereign	1.35%
6.9% Gujarat SDL (MD 31/03/2030)	Sovereign	1.30%
6.58% Karnataka SDL (MD 03/06/2030)	Sovereign	1.28%
7.86% Maharashtra SDL (MD 08/06/2030)	Sovereign	1.13%
Other Government Securities	Sovereign	39.76%
Sub total		56.00%
Treasury Bills
364 Days Tbill (MD 09/01/2025)	Sovereign	0.22%
Sub total		0.22%
Mutual Fund Units
Parag Parikh Liquid Fund- Direct Plan- Growth		0.63%
Sub total		0.63%
Corporate Debt Market Development Fund A2
Corporate Debt Market Development Fund		0.23%
Sub total		0.23%
TREPS and Other Receivables and Payables
TREPS Including Cash & Cash Equivalent and Net Current Asset		1.91%
Sub total		1.91%
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)
28^thOct 2024	0.0895	0.0895	0.1261	0.1261	10.0000	10.8373	10.8352	10.9634	10.9247
30^thSep 2024	0.2850	0.2850	0.2586	0.2586	10.0000	11.0182	10.9767	11.2768	11.2618
26^thAug 2024	0.0316	0.0316	0.0628	0.0628	10.0000	11.1505	11.1324	11.2133	11.1640

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)*	10.97%	7.62%	4.65%	14,298	12,871	11,691
Oct 31, 2023 to Oct 31, 2024 (Last 1 Year)	16.68%	13.21%	10.67%	11,672	11,325	11,070
Oct 29, 2021 to Oct 31, 2024 (Last 3 Years)	11.21%	7.46%	5.59%	13,767	12,416	11,779

*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	11.27%	19.36%	3.88%	4.61%
CRISIL Hybrid 85+15 Conservative Index	7.48%	13.91%	-0.31%	4.13%
3 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Conservative Hybrid Fund - Reg - Growth	11.33%	12.02%	10.37%	0.41%
CRISIL Hybrid 85+15 Conservative Index	7.60%	8.03%	6.86%	0.25%
Returns are calculated since inception with daily rolling frequency for the 1 and 3 years period.

SIP Investment Performance (Assumption : 10,000/- is invested on the first of every month)
Date	Since Inception from May 26, 2021	Oct 31, 2023 to Oct 31, 2024 (Last 1 Year)	Oct 29, 2021 to Oct 31, 2024 (Last 3 Years)
Total Amount Invested	4,20,000	1,20,000	3,60,000
Market value of Investment (Regular Plan)	5,23,392	1,28,441	4,38,491
(Regular Plan) Returns (Annualised) (%)	12.63%	13.27%	13.23%
CRISIL Hybrid 85+15 - Conservative Index Returns (Annualised) (%)	9.07%	10.50%	9.65%
CRISIL 10 year Gilt Index Returns (Annualised) (%)	7.07%	9.81%	7.86%

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 Oct 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Conservative Hybrid Fund - Direct Plan Growth	3,03,836.64	43,93,386.35

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Conservative Hybrid Fund amounts to ₹ 9.5 Crores of AUM as at Oct 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 - OCTOBER 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 (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 Oct 31, 2024	₹ 1,093.46 Crores
Average AUM for the Month	₹ 1,069.01 Crores

Net Asset Value (NAV) as on Oct 31, 2024
Regular Plan	10.7345
Direct Plan	10.7720

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)*	119.43
Modified Duration (Years)*	0.3029
*Yield to Maturity^**	6.96%
Macaulay duration (Years)*	0.3250
*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
Reliance Industries Limited	Petroleum Products	4.14%
Bank of Baroda	Banks	3.00%
HDFC Bank Limited	Banks	2.78%
Tata Power Company Limited	Power	2.65%
GMR Airports Infrastructure Limited	Transport Infrastructure	2.27%
Bharat Electronics Limited	Aerospace & Defense	2.26%
Tata Steel Limited	Ferrous Metals	2.01%
Larsen & Toubro Limited	Construction	1.98%
Hindustan Aeronautics Limited	Aerospace & Defense	1.88%
Vodafone Idea Limited	Telecom - Services	1.82%
Other Equity		44.35%
Sub total		69.14%
Debt and Money Market Instruments
Name	Rating	% of Net Assets
Certificate of Deposit
Punjab National Bank (15/05/2025)	CRISIL A1+	2.20%
National Bank For Agriculture and Rural Development (20/06/2025)	CRISIL A1+	2.18%
HDFC Bank Limited (24/06/2025)	CRISIL A1+	2.18%
ICICI Bank Limited (25/07/2025)	ICRA A1+	2.17%
Axis Bank Limited (05/06/2025)	CRISIL A1+	1.75%
Kotak Mahindra Bank Limited (24/07/2025)	CRISIL A1+	1.74%
Axis Bank Limited (10/01/2025)	CRISIL A1+	0.45%
Kotak Mahindra Bank Limited (15/05/2025)	CRISIL A1+	0.44%
Sub total		13.11%
Treasury Bill
Name	Rating	% of Net Assets
364 Days Tbill (MD 15/08/2025)	Sovereign	0.43%
Sub total		0.43%
Mutual Fund Units
Parag Parikh Liquid Fund- Direct Plan- Growth		12.15%
Sub total		12.15%
TREPS and Other Receivables and Payables
TREPS Including Cash & Cash Equivalent and Net Current Asset		5.17%
Sub total		5.17%
Net Assets		100.00%

*Outstanding Derivative exposure - 69.63%

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 Oct 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Arbitrage Fund - Direct Plan Growth	32,626.26	3,52,115.52

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Arbitrage Fund amounts to ₹38.28 Crores of AUM as at Oct 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 - OCTOBER 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 Oct 31, 2024	₹ 1,282.97 Crores
Average AUM for the Month	₹ 1,229.42 Crores

Net Asset Value (NAV) as on Oct 31, 2024
Regular Plan	10.7994
Direct Plan	10.8214
Regular Plan - Monthly IDCW:	10.2488
Direct Plan - Monthly IDCW:	10.4021

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)*	4.03
*Modified Duration (Years)^#**	3.1835
*Yield to Maturity^{^#}**	7.19%
*Macaulay duration (Years)^#**	3.3081
*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	3.03%
Coal India Limited	Consumable Fuels	3.02%
ITC Limited	Diversified FMCG	3.02%
Power Grid Corporation of India Limited	Power	2.97%
Swaraj Engines Limited	Industrial Products	1.64%
VST Industries Limited	Cigarettes & Tobacco Products	0.10%
Sub total		13.78%
Arbitrage and Special Situations
^@ Reliance Industries Limited	Petroleum Products	3.85%
^@ Tata Motors Limited	Automobiles	2.77%
^@ HDFC Bank Limited	Banks	2.08%
^@ Kotak Mahindra Bank Limited	Banks	1.46%
^@ Bajaj Finance Limited	Finance	1.10%
^@ Bharat Electronics Limited	Aerospace & Defense	0.88%
^@ State Bank of India	Banks	0.80%
^@ Vodafone Idea Limited	Telecom - Services	0.72%
^@ Tata Steel Limited	Ferrous Metals	0.55%
^@ HDFC Life Insurance Company Limited	Insurance	0.49%
^@ Others		7.23%
Sub total		21.93%
Special Situation
Kesoram Industries Limited/Ultratech Cement	Cement & Cement Products	2.36%
Sub total		2.36%
Total		38.07%
Certificate of Deposit
Punjab National Bank (15/05/2025)	CRISIL A1+	1.87%
HDFC Bank Limited (24/06/2025)	CRISIL A1+	1.86%
Axis Bank Limited (16/07/2025)	CRISIL A1+	1.85%
ICICI Bank Limited (25/07/2025)	ICRA A1+	1.85%
Kotak Mahindra Bank Limited (15/05/2025)	CRISIL A1+	0.75%
Kotak Mahindra Bank Limited (24/07/2025)	CRISIL A1+	0.37%
Sub total		8.55%
Corporate Bond/NCD
7.68% IRFC NCD Series 173 (MD 24/11/2026)	CRISIL AAA	1.96%
7.59% National Hsg Bank NCD MD(14/07/2027)	CRISIL AAA	1.18%
7.58% NABARD Sr 23H NCD (MD 31/07/2026)	CRISIL AAA	1.17%
7.37% Power Fin Corp NCD Sr 230 (MD 22/05/2026)	CRISIL AAA	1.17%
7.77% REC Ltd NCD Ser 227 A (MD 30/09/2026)	CRISIL AAA	0.78%
8.39% Power Finance Corp Ltd NCD SrC (MD19/04/25)	CRISIL AAA	0.78%
7.4% National Hsg Bank Ltd NCD (16/07/2026)	CRISIL AAA	0.78%
6.88% REC Ltd Sr 190 A (MD 20/03/2025)	CRISIL AAA	0.78%
7.25% NABARD Sr 23C NCD (MD 01/08/2025)	CRISIL AAA	0.78%
7.95% REC Ltd NCD (MD 12/03/2027)	CRISIL AAA	0.39%
7.87% India Grid Trust Ser Y (MD 24/02/2027)	CRISIL AAA	0.39%
Sub total		10.16%
Government securities/State Development Loans (SDLs)
7.7% Maharashtra SDL (MD 08/03/2031)	Sovereign	2.02%
7.33% Maharashtra SDL (MD 31/05/2031)	Sovereign	1.98%
7.49% Maharashtra SDL (MD 12/04/2030)	Sovereign	1.59%
6.98% Tamilnadu SDL (MD 14/07/2031)	Sovereign	1.56%
8.22% Karnataka SDL (MD 30/01/2031)	Sovereign	1.24%
7.73% Andhra Pradesh SDL (MD 23/03/2032)	Sovereign	1.21%
7.83% Maharashtra SDL (MD 08/04/2030)	Sovereign	1.21%
7.65% TELANGANA SDL (MD 15/02/2032)	Sovereign	1.20%
7.63% Maharashtra SDL (MD 11/05/2030)	Sovereign	1.20%
7.45% TELANGANA SDL (MD 02/08/2030)	Sovereign	1.19%
7.34% Maharashtra SDL (MD 14/06/2031)	Sovereign	1.19%
7.14% Karnataka SDL (MD 12/01/2032)	Sovereign	1.17%
7.02% Karnataka SDL (MD 29/12/2031)	Sovereign	1.17%
6.73% Tamilnadu SDL (MD 13/05/2030)	Sovereign	1.15%
Other Government Securities	Sovereign	17.36%
Sub total		36.44%
Treasury Bills
364 Days Tbill (MD 16/01/2025)	Sovereign	0.38%
364 Days Tbill (MD 15/08/2025)	Sovereign	0.37%
Sub total		0.75%
Mutual Fund Units
Parag Parikh Liquid Fund- Direct Plan- Growth		4.09%
Sub total		4.09%
TREPS and Other Receivables and Payables
TREPS Including Cash & Cash Equivalent and Net Current Asset		1.94%
Sub total		1.94%
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)
28 ^th Oct 2024	0.1186	0.1186	0.1058	0.1058	10.0000	10.2195	10.3721	10.3253	10.4907
30 ^th Sep 2024	0.1230	0.1230	0.2070	0.2070	10.0000	10.4054	10.5696	10.6124	10.6926
26 ^th Aug 2024	0.0265	0.0265	0.0707	0.0707	10.0000	10.5791	10.6560	10.6498	10.6825

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 Oct 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Dynamic Asset Allocation Fund - Direct Plan Growth	28,281.44	3,06,214.06

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 ₹ 8.82 Crores of AUM as at Oct 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 -OCTOBER 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 Oct 31, 2024	₹ 81,918.72 Crores
Average AUM for the Month	₹ 82,146.49 Crores

Net Asset Value (NAV) as on Oct 31, 2024
Regular Plan:	79.2777
Direct Plan:	85.9814

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 15th Nov 2021. Any exit load charged (net off GST, if any) shall be credited back to the Scheme.

Beta	0.71
Standard Deviation	11.08%
Sharpe Ratio	0.84
Portfolio Turnover (excl Equity Arbitrage)	11.49%
Portfolio Turnover (incl Equity Arbitrage)	21.17%
- Above figures are annualised. - Risk free rate assumed to be 6.61% (FBIL Overnight MIBOR as on Oct 31, 2024)

Portfolio Disclosure
Core Equity
Name	Industry	% of Net Assets
HDFC Bank Limited	Banks	8.41%
Power Grid Corporation of India Limited	Power	7.08%
Bajaj Holdings & Investment Limited	Finance	6.67%
Coal India Limited	Consumable Fuels	6.49%
ITC Limited	Diversified FMCG	5.64%
ICICI Bank Limited	Banks	5.32%
Maruti Suzuki India Limited	Automobiles	4.11%
HCL Technologies Limited	IT - Software	4.03%
Axis Bank Limited	Banks	3.52%
Kotak Mahindra Bank Limited	Banks	2.83%
Motilal Oswal Financial Services Limited	Capital Markets	2.12%
Infosys Limited	IT - Software	1.99%
Balkrishna Industries Limited	Auto Components	1.45%
Central Depository Services (India) Limited	Capital Markets	1.00%
Multi Commodity Exchange of India Limited	Capital Markets	0.99%
Dr. Reddy's Laboratories Limited	Pharmaceuticals & Biotechnology	0.96%
Indian Energy Exchange Limited	Capital Markets	0.96%
Zydus Lifesciences Limited	Pharmaceuticals & Biotechnology	0.94%
Cipla Limited	Pharmaceuticals & Biotechnology	0.79%
IPCA Laboratories Limited	Pharmaceuticals & Biotechnology	0.69%
Indraprastha Gas Limited	Gas	0.34%
ICRA Limited	Capital Markets	0.34%
EID Parry India Limited	Fertilizers & Agrochemicals	0.22%
Maharashtra Scooters Limited	Finance	0.10%
UTI Asset Management Company Limited	Capital Markets	0.07%
Swaraj Engines Limited	Industrial Products	0.02%
Accelya Solutions India Limited	IT - Software	0.003%
Total		67.08%
Arbitrage and Special Situations
^@ Bajaj Finance Limited	Finance	0.24%
^@ Reliance Industries Limited	Petroleum Products	0.08%
^@ Bharat Electronics Limited	Aerospace & Defense	0.05%
^@ Bharti Airtel Limited	Telecom - Services	0.04%
^@ Tata Motors Limited	Automobiles	0.03%
^@ Others		0.16%
Sub total		0.60%
Total		67.68%
Overseas Securities, IDRS and ADRs
Meta Platforms Registered Shares A	Computer Software	3.44%
Alphabet Inc A	Computer Software	3.30%
Microsoft Corp	Computer Software	3.06%
Amazon Com Inc	Catalog/Specialty Distribution	2.62%
Total		12.42%
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+	0.35%
Canara Bank (02/09/2025)	CRISIL A1+	0.34%
ICICI Bank Limited (27/06/2025)	ICRA A1+	0.32%
Union Bank of India (31/01/2025)	IND A1+	0.24%
Bank of Baroda (20/02/2025)	IND A1+	0.24%
Kotak Mahindra Bank Limited (22/08/2025)	CRISIL A1+	0.23%
Indian Bank (20/08/2025)	CRISIL A1+	0.23%
HDFC Bank Limited (11/07/2025)	CARE A1+	0.20%
Axis Bank Limited (05/06/2025)	CRISIL A1+	0.18%
National Bank For Agriculture and Rural Development (24/06/2025)	CRISIL A1+	0.17%
Axis Bank Limited (15/07/2025)	CRISIL A1+	0.17%
National Bank For Agriculture and Rural Development (20/06/2025)	CRISIL A1+	0.15%
HDFC Bank Limited (24/06/2025)	CRISIL A1+	0.15%
Bank of Baroda (05/05/2025)	IND A1+	0.12%
Kotak Mahindra Bank Limited (09/05/2025)	CRISIL A1+	0.12%
Indian Bank (23/05/2025)	CRISIL A1+	0.12%
Kotak Mahindra Bank Limited (24/07/2025)	CRISIL A1+	0.12%
Axis Bank Limited (22/08/2025)	CRISIL A1+	0.12%
HDFC Bank Limited (22/08/2025)	CARE A1+	0.12%
National Bank For Agriculture and Rural Development (17/01/2025)	CRISIL A1+	0.03%
ICICI Bank Limited (25/07/2025)	ICRA A1+	0.03%
Total		3.75%
T-Bill	Rating
364 Days Tbill (MD 16/01/2025)	Sovereign	0.36%
364 Days Tbill (MD 07/08/2025)	Sovereign	0.12%
364 Days Tbill (MD 09/01/2025)	Sovereign	0.07%
TREPS Including Cash & Cash Equivalent and Net Current Asset	Cash & Cash Equivalent	15.58%
Sub total		16.13%
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)*	19.83%	16.09%	14.41%	79,278	55,165	46,668
Oct 31, 2023 to Oct 31, 2024 (Last 1 Year)	35.79%	36.22%	28.30%	13,591	13,633	12,839
Oct 29, 2021 to Oct 31, 2024 (Last 3 Years)	16.35%	15.71%	12.35%	15,770	15,511	14,195
Oct 31, 2019 to Oct 31, 2024 (Last 5 Years)	24.67%	19.75%	16.61%	30,155	24,645	21,582
Oct 31, 2014 to Oct 31, 2024 (Last 10 Years)	18.23%	14.24%	12.62%	53,438	37,900	32,844

*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	Oct 31, 2023 to Oct 31, 2024 (Last 1 Year)	Oct 29, 2021 to Oct 31, 2024 (Last 3 Years)	Oct 31, 2019 to Oct 31, 2024 (Last 5 Years)	Oct 31, 2014 to Oct 31, 2024 (Last 10 Years)
Total Amount Invested	13,80,000	1,20,000	3,60,000	6,00,000	12,00,000
Market value of Investment (Regular Plan)	48,08,521	1,35,697	5,18,179	11,24,611	35,49,279
(Regular Plan) Returns (Annualised) (%)	20.24%	25.19%	25.17%	25.43%	20.56%
Nifty 500 (TRI) Returns (Annualised) (%)	16.71%	18.88%	22.09%	22.52%	16.98%
Nifty 50 (TRI) Returns (Annualised) (%)	14.95%	14.70%	17.23%	18.66%	15.24%

*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 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Flexi Cap Fund - Reg - Growth	18.15%	36.29%	0.07%	5.98%
Tier I Benchmark Index - Nifty 500 TRI	14.72%	33.50%	-6.31%	6.02%
5 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Flexi Cap Fund - Reg - Growth	17.49%	26.77%	3.44%	4.60%
Tier I Benchmark Index - Nifty 500 TRI	13.55%	23.41%	-1.05%	4.33%
10 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Flexi Cap Fund - Reg - Growth	18.98%	20.60%	17.81%	0.61%
Tier I Benchmark Index - Nifty 500 TRI	15.55%	17.02%	14.00%	0.64%
- Returns are calculated since inception with daily rolling frequency for the 3, 5 and 10 years 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 Oct 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Flexi Cap Fund - Direct Plan	14,77,032.31	12,75,83,240.42

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Flexi Cap Fund amounts to ₹ 462.69 Crores of AUM as at Oct 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 - OCTOBER 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 Oct 31, 2024	₹ 4,273.94 Crores
Average AUM for the Month	₹ 4,320.41 Crores

Net Asset Value (NAV) as on Oct 31, 2024
Regular Plan	30.2096
Direct Plan	32.2136

Entry Load	Not Applicable
Exit Load	NIL

Beta	0.67
Standard Deviation	10.16%
Sharpe Ratio	1.04
Portfolio Turnover	14.68%
- Above figures are annualised. - Risk free rate assumed to be 6.61% (FBIL Overnight MIBOR as on Oct 31, 2024)

Core Equity
Name	Industry	% of Net Assets
HDFC Bank Limited	Banks	8.50%
Bajaj Holdings & Investment Limited	Finance	8.22%
Power Grid Corporation of India Limited	Power	7.13%
Coal India Limited	Consumable Fuels	6.65%
ITC Limited	Diversified FMCG	5.69%
ICICI Bank Limited	Banks	5.36%
Maharashtra Scooters Limited	Finance	5.20%
Maruti Suzuki India Limited	Automobiles	4.12%
HCL Technologies Limited	IT - Software	3.77%
Axis Bank Limited	Banks	3.55%
Infosys Limited	IT - Software	3.46%
Wipro Limited	IT - Software	3.19%
Tata Consultancy Services Limited	IT - Software	3.15%
Kotak Mahindra Bank Limited	Banks	2.87%
Motilal Oswal Financial Services Limited	Capital Markets	1.80%
Balkrishna Industries Limited	Auto Components	1.64%
Dr. Reddy's Laboratories Limited	Pharmaceuticals & Biotechnology	0.98%
Zydus Lifesciences Limited	Pharmaceuticals & Biotechnology	0.96%
CMS Info System Limited	Commercial Services & Supplies	0.89%
Cipla Limited	Pharmaceuticals & Biotechnology	0.75%
IPCA Laboratories Limited	Pharmaceuticals & Biotechnology	0.65%
Multi Commodity Exchange of India Limited	Capital Markets	0.48%
Central Depository Services (India) Limited	Capital Markets	0.37%
Indian Energy Exchange Limited	Capital Markets	0.37%
Indraprastha Gas Limited	Gas	0.35%
CCL Products (India) Limited	Agricultural Food & other Products	0.28%
ICRA Limited	Capital Markets	0.23%
Swaraj Engines Limited	Industrial Products	0.22%
EID Parry India Limited	Fertilizers & Agrochemicals	0.21%
VST Industries Limited	Cigarettes & Tobacco Products	0.21%
UTI Asset Management Company Limited	Capital Markets	0.02%
Accelya Solutions India Limited	IT - Software	0.02%
Total		81.29%
Debt and Money Market Instruments
Certificate of Deposit	Rating
HDFC Bank Limited (11/07/2025)	CARE A1+	1.11%
Axis Bank Limited (15/07/2025)	CRISIL A1+	1.11%
Union Bank of India (31/01/2025)	IND A1+	0.57%
Bank of Baroda (20/02/2025)	IND A1+	0.57%
Kotak Mahindra Bank Limited (09/05/2025)	CRISIL A1+	0.56%
Punjab National Bank (15/05/2025)	CRISIL A1+	0.56%
National Bank For Agriculture and Rural Development (20/06/2025)	CRISIL A1+	0.56%
Punjab National Bank (10/07/2025)	CRISIL A1+	0.56%
Kotak Mahindra Bank Limited (24/07/2025)	CRISIL A1+	0.56%
ICICI Bank Limited (25/07/2025)	ICRA A1+	0.55%
Indian Bank (20/08/2025)	CRISIL A1+	0.55%
Canara Bank (02/09/2025)	CRISIL A1+	0.55%
Total		7.81%
Treasury Bill
364 Days Tbill (MD 09/01/2025)	Sovereign	0.12%
TREPS Including Cash & Cash Equivalent and Net Current Asset	Cash & Cash Equivalent	10.78%
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 (24 July, 2019)*	23.31%	20.00%	16.94%	30,210	26,175	22,840
Oct 31, 2023 to Oct 31, 2024 (Last 1 Year)	32.07%	36.22%	28.30%	13,217	13,633	12,839
Oct 29, 2021 to Oct 31, 2024 (Last 3 Years)	17.96%	15.71%	12.35%	16,437	15,511	14,195
Oct 31, 2019 to Oct 31, 2024 (Last 5 Years)	22.91%	19.75%	16.61%	28,076	24,645	21,582

*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	Oct 31, 2023 to Oct 31, 2024 (Last 1 Year)	Oct 29, 2021 to Oct 31, 2024 (Last 3 Years)	Oct 31, 2019 to Oct 31, 2024 (Last 5 Years)
Total Amount Invested	6,40,000	1,20,000	3,60,000	6,00,000
Market value of Investment (Regular Plan)	12,13,189	1,33,765	5,02,491	10,93,054
(Regular Plan) Returns (Annualised) (%)	24.11%	21.88%	22.88%	24.22%
Nifty 500 (TRI) Returns (Annualised) (%)	22.23%	18.88%	22.09%	22.52%
Nifty 50 (TRI) Returns (Annualised) (%)	18.49%	14.70%	17.23%	18.66%

*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 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh ELSS Tax Saver Fund - Regular - Growth	23.45%	35.78%	16.58%	3.36%
Tier I Benchmark Index - Nifty 500 TRI	20.64%	33.50%	14.80%	3.46%
5 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh ELSS Tax Saver Fund - Regular - Growth	24.50%	25.44%	22.91%	0.54%
Tier I Benchmark Index - Nifty 500 TRI	22.03%	23.41%	19.75%	0.85%
- Returns are calculated since inception with daily rolling frequency for the 3 years and 5 years 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 Oct 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh ELSS Tax Saver Fund - Direct Plan	2,10,016.40	67,85,144.64

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh ELSS Tax Saver Fund amounts to ₹ 64.04 Crores of AUM as at Oct 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 - OCTOBER 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 Oct. 31, 2024	₹ 2,496.65 Crores
Average AUM for the Month	₹ 2,495.17 Crores

Plan	Direct	Regular
Growth	1396.2111	1387.0827
Daily Reinvestment of Income Distribution cum capital withdrawal option	1000.5405	1000.5404
Weekly Reinvestment of Income Distribution cum capital withdrawal option	1001.5669	1001.5588
Monthly Income Distribution cum capital withdrawal option	1003.5678	1003.5598

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)
28^th Oct 2024	₹ 5.0786	₹ 5.0786	₹ 5.0014	₹ 5.0014	1,000	1,003	1,003	1008.0014	1008.0786
30^th Sep 2024	₹ 6.5385	₹ 6.5385	₹ 6.4409	₹ 6.4409	1,000	1,003	1,003	1009.4409	1009.5385
26^th Aug 2024	₹ 5.1140	₹ 5.1140	₹ 5.0361	₹ 5.0361	1,000	1,003	1,003	1008.0361	1008.1140

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)	44.86
Modified duration (Years)^#	0.1126
Yield to Maturity^#	6.81%
Macaulay Duration (Years)^#	0.1202
* 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 03/01/2025)	Sovereign	5.94%
91 Days Tbill (MD 07/11/2024)	Sovereign	4.00%
91 Days Tbill (MD 21/11/2024)	Sovereign	2.99%
91 Days Tbill (MD 28/11/2024)	Sovereign	2.99%
182 Days Tbill (MD 23/01/2025)	Sovereign	2.96%
91 Days Tbill (MD 05/12/2024)	Sovereign	1.99%
91 Days Tbill (MD 12/12/2024)	Sovereign	1.99%
364 Days Tbill (MD 19/12/2024)	Sovereign	1.99%
91 Days Tbill (MD 09/01/2025)	Sovereign	1.98%
364 Days Tbill (MD 16/01/2025)	Sovereign	1.98%
91 Days Tbill (MD 23/01/2025)	Sovereign	1.97%
182 Days Tbill (MD 30/01/2025)	Sovereign	1.97%
182 Days Tbill (MD 14/11/2024)	Sovereign	1.00%
364 Days Tbill (MD 05/12/2024)	Sovereign	1.00%
182 Days Tbill (MD 19/12/2024)	Sovereign	0.99%
Sub Total		35.74%
Government Securities
9.15% Government of India (14/11/2024)	Sovereign	4.01%
6.18% Government of India (04/11/2024)	Sovereign	2.00%
Sub Total		6.01%
Non Convertible Debentures
7.42% Power Finance Corporation Limited (19/11/2024)	CRISIL AAA	1.00%
Sub Total		1.00%
Commercial Paper
Indian Oil Corporation Limited (11/11/2024)	CRISIL A1+	4.00%
National Bank For Agriculture and Rural Development (05/11/2024)	CRISIL A1+	1.00%
Sub Total		5.00%
Certificate of Deposit
Indian Bank (13/11/2024)	CRISIL A1+	4.00%
Kotak Mahindra Bank Limited (03/01/2025)	CRISIL A1+	3.96%
Punjab National Bank (07/01/2025)	CRISIL A1+	3.95%
Axis Bank Limited (14/01/2025)	CRISIL A1+	3.95%
Union Bank of India (17/01/2025)	IND A1+	3.95%
National Bank For Agriculture and Rural Development (17/01/2025)	CRISIL A1+	3.95%
Bank of Baroda (11/12/2024)	IND A1+	2.98%
State Bank of India (12/12/2024)	CRISIL A1+	2.98%
HDFC Bank Limited (13/11/2024)	CARE A1+	2.00%
Canara Bank (25/11/2024)	CRISIL A1+	1.99%
State Bank of India (04/12/2024)	CRISIL A1+	1.99%
ICICI Bank Limited (06/12/2024)	ICRA A1+	1.99%
HDFC Bank Limited (09/01/2025)	IND A1+	1.98%
Canara Bank (16/01/2025)\	CRISIL A1+	1.97%
Punjab National Bank (11/11/2024)	CARE A1+	1.00%
Bank of Baroda (25/11/2024)	IND A1+	1.00%
Axis Bank Limited (28/11/2024)	CRISIL A1+	1.00%
HDFC Bank Limited (06/12/2024)	CRISIL A1+	0.99%
Canara Bank (16/12/2024)	CRISIL A1+	0.99%
Kotak Mahindra Bank Limited (15/01/2025)	CRISIL A1+	0.99%
Union Bank of India (24/01/2025)	ICRA A1+	0.99%
Sub Total		48.60%
Corporate Debt Market Development Fund A2
Corporate Debt Market Development Fund		0.22%
TREPS and Other Receivables and Payables
TREPS Including Cash & Cash Equivalent and Net Current Asset		3.43%
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)*	5.18%	5.72%	6.00%	13,871	14,343	14,584
Oct 24, 2024 to Oct 31, 2024 (Last 7 Days)	6.53%	6.91%	5.54%	10,653	10,691	10,554
Oct 16, 2024 to Oct 31, 2024 (Last 15 Days)	6.37%	6.75%	5.37%	10,637	10,675	10,537
Sep 30, 2024 to Oct 31, 2024 (Last 1 Month)	6.53%	6.88%	5.87%	10,653	10,688	10,587
Oct 31, 2023 to Oct 31, 2024 (Last 1 Year)	6.94%	7.34%	7.54%	10,696	10,736	10,756
Oct 31, 2021 to Oct 31, 2024 (Last 3 Years)	5.82%	6.28%	5.97%	11,852	12,006	11,902
Oct 31, 2019 to Oct 31, 2024 (Last 5 Years)	4.88%	5.35%	5.52%	12,694	12,983	13,087

*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 Oct 31, 2024.

Scheme	Units	AUM (in Rs.)
Parag Parikh Liquid Fund Direct Plan Growth	3,125.74	43,68,361.89

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Liquid Fund amounts to ₹ 61.65 Crores of AUM as at Oct 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 - October 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.
A Relatively Low Interest Rate Risk and Relatively low Credit Risk

Parag Parikh ELSS 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]