Digital Factsheet

Parag Parikh Conservative Hybrid Fund

An open-ended hybrid scheme investing predominantly in debt instruments

Factsheet - March 2026

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 achieved.
Type of the scheme	An open ended hybrid scheme investing predominantly in debt instruments.
Date of Allotment	May 26, 2021
Name of the Fund Managers	Mr. Rajeev Thakkar - Chief Investment Officer - Equity and Director (Since Inception) Mr. Raunak Onkar - Fund Manager & Research Head (Since Inception) Mr. Raj Mehta - Executive Vice President & Fund Manager - Equity (Since September 1, 2025) Mr. Rukun Tarachandani - Executive Vice President & Fund Manager - Equity (Since May 16, 2022) Mr. Tejas Soman - Chief Investment Officer - Debt (Since September 1, 2025) Ms. Mansi Kariya - Associate Vice President & 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

Management (AUM) as on Mar 31, 2026	₹ 3,280.77 Crores
Average AUM for the Month	₹ 3,325.51 Crores

Net Asset Value (NAV) as on Mar 31, 2026
Regular Plan	15.3432
Direct Plan	15.5671
Regular Plan - Monthly IDCW	10.5506
Direct Plan - Monthly IDCW	10.8131

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)*	4.88
*Modified Duration (Years)^#**	3.8521
*Yield to Maturity^{^#$}**	7.40%
*Macaulay duration (Years)^#**	4.0092
*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; the Yield to Maturity (YTM) percentage presented are based on actual values and not indicative. # All the above ratios are computed excluding investment in CDMDF units $ Applicable for both regular and direct plan

Equity and Equity Related Instruments

Name

Industry

% of Net Assets

Coal India Limited

Consumable Fuels

2.31%

Power Grid Corporation of India Limited

Power

2.16%

ITC Limited

Diversified FMCG

1.96%

Petronet LNG Limited

Gas

1.78%

REC Limited

Finance

0.87%

Swaraj Engines Limited

Industrial Products

0.63%

Indus Towers Limited

Telecom - Services

0.08%

Sub total

9.79%

^@Arbitrage and Special Situations

0.69%

Total

10.48%

Units issued by REITs & InvITs

Listed / awaiting listing on the stock exchanges

Name

Industry

% of Net Assets

Embassy Office Parks REIT

Realty

5.10%

Brookfield India Real Estate Trust

Realty

4.59%

Mindspace Business Parks REIT

Realty

0.68%

Sub total

10.37%

Debt and Money Market Instruments

Name

Rating

% of Net Assets

Certificate of Deposit

National Bank For Agriculture and Rural Development (04/02/2027)

CRISIL A1+

1.44%

Sub total

1.44%

Debt and Money Market Instruments

Name

Industry

% of Net Assets

Corporate Bond

7.49% Small Industries Development Bank of India (MD 11/06/2029)

CRISIL AAA

2.28%

7.64% National Bank For Agriculture and Rural Development NCD (MD 06/12/2029)

ICRA AAA

1.53%

7.40 % National Bank For Agriculture and Rural Development NCD (MD 29/04/2030)

CRISIL AAA

1.51%

7.3763% Bajaj Finance NCD (MD 26/06/2028)

CRISIL AAA

1.51%

8.12% Bajaj Finance Ltd NCD SR289 OPTIII (MD 10/09/27)

CRISIL AAA

0.76%

7.75% LIC Housing Finance Ltd NCD (MD23/08/29)

CRISIL AAA

0.76%

7.39% Small Industries Development Bank of India NCD (MD 21/03/2030) .

CRISIL AAA

0.76%

7.38% Bajaj Finance Ltd NCD (MD 28/06/2030)

CRISIL AAA

0.75%

7.07% LIC Housing Finance NCD (MD 29/04/2030)

CRISIL AAA

0.75%

7.07% IndiGrid Inf NCD (20/06/2030)

CRISIL AAA

0.45%

7.87% IndiGRID Infra Trust (MD 24/02/2027)

CRISIL AAA

0.15%

7.7% IndiGRID Infra Trust (MD 06/05/2028)

CRISIL AAA

0.15%

Sub total

11.36%

Government securities/State Development Loans (SDLs)

7.08% Uttar Pradesh SDL (MD 17/02/2031)

Sovereign

4.51%

7.08% Karnataka SDL (MD 12/08/2031)

Sovereign

4.22%

7.72% Maharashtra SDL (MD 01/03/2031)

Sovereign

3.87%

7.38% Karnataka SDL (MD 04/09/2034)

Sovereign

2.86%

7.82% Tamilnadu SDL (MD 27/10/2032)

Sovereign

2.64%

7.93% Uttar Pradesh SDL (MD 24/03/2030)

Sovereign

2.34%

7.76% Maharashtra SDL (MD 04/10/2030)

Sovereign

2.34%

7.55% Gujarat SDL (MD 28/12/2030)

Sovereign

1.76%

6.78% Maharashtra SDL (MD 25/05/2031)

Sovereign

1.64%

7.61% Gujarat SDL (MD 03/08/2032)

Sovereign

1.54%

Other Government Securities

Sovereign

33.40%

Sub total

61.12%

Treasury Bills

364 Days Tbill (MD 30/07/2026)

Sovereign

0.15%

Sub total

0.15%

Mutual Fund Units

Parag Parikh Liquid Fund- Direct Plan- Growth

1.18%

Sub total

1.18%

Corporate Debt Market Development Fund A2

Corporate Debt Market Development Fund - Class A2 Units

0.27%

Sub total

0.27%

Reverse Repo / TREPS and Other Receivables and Payables

Reverse Repo / TREPS and Other Receivables and Payables

Debt and Money Market Instruments

3.63%

Sub total

3.63%

Net Assets

100.00%

^@ Hedged by offsetting derivative position

Source: Internal sources

Dividend History - Monthly Income Distribution cum capital Withdrawal option (In INR)
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)
Mar 30, 2026	0.0858	0.0858	0.0972	0.0972	10.0000	10.5491	10.8114	10.6463	10.8972
Feb 23, 2026	0.0719	0.0719	0.0750	0.0750	10.0000	10.8551	11.1077	10.9301	11.1796
Jan 27, 2026	0.0898	0.0898	0.0789	0.0789	10.0000	10.7298	10.9722	10.8087	11.0621

Note: Pursuant to the payout of Dividend/Income Distribution cum Capital Withdrawal (IDCW), the Net Asset Value (NAV) of the scheme will fall to the extent of the payout and statutory levy, if any.

Lumpsum Investment Performance (Compounded annual returns)
Date	Scheme		AMFI Tier I Benchmark	Additional Benchmark	Value of Investment of Rs. 10,000/-^^
Date	PPCHF (Regular)	PPCHF (Direct)	CRISIL Hybrid 85+15 Conservative Index	CRISIL 10 year Gilt Index	PPCHF (Regular)	PPCHF (Direct)	CRISIL Hybrid 85+15 Conservative Index	CRISIL 10 year Gilt Index
Since Inception (26 May, 2021)*	9.23%	9.56%	6.44%	4.63%	15,343	15,567	13,534	12,452
March 28, 2025 to March 31, 2026 (Last 1 Year)	5.15%	5.46%	2.66%	2.11%	10,515	10,546	10,266	10,211
March 31, 2023 to March 31, 2026 (Last 3 Years)	10.54%	10.87%	7.80%	6.79%	13,512	13,633	12,530	12,180

Source: Scheme Performance - Internal Benchmark Performance - CRISIL
*Since inception returns are calculated on Rs. 10 (allotment price)
^^ Point-to-point returns for a ₹10,000 lump sum investment made on the specified initial date and redeemed on the specified final date reflect growth based on prevailing NAVs of the Direct and Regular Plan – Growth Options
Note:

Different plans shall have different expense structures.
Scheme returns shown are for direct and 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.

1 Year Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Conservative Hybrid Fund - Reg - Growth	10.51%	19.36%	3.88%	4.09%
Parag Parikh Conservative Hybrid Fund - Dir - Growth	10.84%	19.72%	4.19%	4.10%
CRISIL Hybrid 85+15 Conservative Index	7.72%	13.91%	-0.31%	3.51%
3 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Conservative Hybrid Fund - Reg - Growth	11.38%	12.68%	10.37%	0.49%
Parag Parikh Conservative Hybrid Fund - Dir - Growth	11.72%	13.02%	10.70%	0.49%
CRISIL Hybrid 85+15 Conservative Index	8.47%	10.58%	6.86%	0.94%
Returns are calculated since inception with daily rolling frequency for 1 year and 3 years period. (PPCHF).

SIP Investment Performance (Assumption : 10,000/- is invested on the first of every month)
Date	Since Inception (26 May, 2021)	March 28, 2025 to March 31, 2026 (Last 1 Year)	March 31, 2023 to March 31, 2026 (Last 3 Years)
Total Amount Invested	5,90,000	1,20,000	3,60,000
Market value of Investment (Regular Plan)	7,36,365	1,21,277	4,03,858
Market value of Investment (Direct)	7,42,326	1,21,473	4,05,817
(Regular) Returns (Annualised) (%)	8.97%	1.99%	7.63%
(Direct) Returns (Annualised) (%)	9.30%	2.30%	7.95%
CRISIL Hybrid 85+15 - Conservative Index Returns (Annualised) (%)	6.27%	-1.70%	5.15%
Crisil 10 year Gilt Index Returns (Annualised) (%)	5.62%	-1.30%	5.13%

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 Mar 31, 2026.

Scheme	Units	AUM (in Rs.)
Parag Parikh Conservative Hybrid Fund - Direct Plan Growth	279,069.49	4,344,302.36

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Conservative Hybrid Fund amounts to ₹ 11.16 Crores
of AUM as at Mar 31, 2026 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

Invest Now

An open ended scheme investing in arbitrage opportunities

Factsheet - March 2026

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 achieved 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 - Chief Investment Officer - Equity and Director (Since Inception) Mr. Raunak Onkar - Fund Manager & Research Head (Since Inception) Mr. Raj Mehta -Executive Vice President & Fund Manager - Equity (Since September 1, 2025) Mr. Rukun Tarachandani - Executive Vice President & Fund Manager - Equity (Since Inception) Mr. Tejas Soman -Chief Investment Officer - Debt (Since September 1, 2025) Ms. Aishwarya Dhar - Senior Manager & Fund Manager- Debt (Since September 1, 2025)
Month End Expense Ratio	Regular Plan: 0.64%* Direct Plan: 0.29%* *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 Mar 31, 2026	₹ 2,059.02 Crores
Average AUM for the Month	₹ 2,141.62 Crores

Net Asset Value (NAV) as on Mar 31, 2026
Regular Plan	11.7107
Direct Plan	11.8098

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)*	112.04
Modified Duration (Years)*	0.2837
*Yield to Maturity^{^$}**	7.28%
Macaulay duration (Years)*	0.3043
*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; the Yield to Maturity (YTM) percentage presented are based on actual values and not indicative. $ Applicable for both regular and direct plan

Hedge Equity / Arbitrage*
Name	Industry	% of Net Assets
HDFC Bank Limited	Banks	6.66%
ICICI Bank Limited	Banks	4.76%
Bharti Airtel Limited	Telecom - Services	4.14%
Kotak Mahindra Bank Limited	Banks	4.13%
Axis Bank Limited	Banks	4.03%
Reliance Industries Limited	Petroleum Products	3.81%
Mahindra & Mahindra Limited	Automobiles	3.02%
State Bank of India	Banks	2.88%
Tata Steel Limited	Ferrous Metals	2.65%
Bharat Heavy Electricals Limited	Electrical Equipment	2.36%
Other Equity		27.35%
Total		65.79%
Debt and Money Market Instruments
Name	Rating	% of Net Assets
Certificate of Deposit
Small Industries Development Bank of India (09/07/2026)	CARE A1+	2.38%
Axis Bank Limited (11/08/2026)	CRISIL A1+	2.37%
Canara Bank (08/01/2027)	CRISIL A1+	2.30%
Indian Bank (12/01/2027)	CRISIL A1+	2.30%
Bank of Baroda (03/06/2026)	CARE A1+	1.20%
HDFC Bank Limited (11/09/2026)	CRISIL A1+	1.18%
Bank of Baroda (25/11/2026)	IND A1+	1.16%
Sub total		12.89%
Commercial Paper
Name	Rating	% of Net Assets
Kotak Securities Limited (27/05/2026)	CRISIL A1+	2.40%
HDFC Securities Limited (15/05/2026)	CARE A1+	1.20%
ICICI Securities Limited (15/06/2026)	CRISIL A1+	1.19%
Bajaj Finance Limited (18/06/2026)	CRISIL A1+	1.19%
National Bank For Agriculture and Rural Development (25/06/2026)	CRISIL A1+	1.19%
Sub total		7.17%
Treasury Bill
Name	Rating	% of Net Assets
364 Days Tbill (MD 15/01/2027)	Sovereign	0.46%
Sub total		0.46%
Mutual Fund Units
Parag Parikh Liquid Fund- Direct Plan- Growth		12.59%
Sub total		12.59%
TREPS and Other Receivables and Payables
Reverse Repo / TREPS and Other Receivables and Payables	Debt and Money Market Instruments	1.10%
Sub total		1.10%
Net Assets		100.00%

*Outstanding Derivative exposure - 66.09%

Source: Internal sources

Lumpsum Investment Performance (Compounded annual returns)
Date	Scheme		AMFI Tier I Benchmark	Index	Value of Investment of Rs. 10,000/-^^
Date	PPAF (Regular)	PPAF (Direct)	Nifty 50 Arbitrage (TRI)	CRISIL 1 Year T-Bill Index	PPAF (Regular)	PPAF (Direct)	Nifty 50 Arbitrage (TRI)	CRISIL 1 Year T-Bill Index
Since Inception (02 Nov, 2023)*	6.77%	7.14%	7.58%	6.53%	11,711	11,810	11,927	11,648
March 28, 2025 to March 30, 2026 (Last 1 Year)	6.07%	6.44%	7.29%	5.30%	10,607	10,644	10,729	10,530

Different plans shall have different expense structures.
Scheme returns shown are for direct and 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)
	Since Inception (02 Nov, 2023)	March 28, 2025 to March 30, 2026 (Last 1 Year)
Total Amount Invested	2,90,000	1,20,000
Market value of Investment (Regular)	3,13,767	1,23,880
Market value of Investment (Direct)	3,15,170	1,24,114
(Regular) Returns (Annualised) (%)	6.45%	6.09%
(Direct) Returns (Annualised) (%)	6.83%	6.46%
Nifty 50 Arbitrage (TRI) Returns (Annualised) (%)	7.52%	7.45%
CRISIL 1 Year T-Bill Index Returns (Annualised) (%)	5.86%	4.27%

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 Mar 31, 2026.

Scheme	Units	AUM (in Rs.)
Parag Parikh Arbitrage Fund - Direct Plan Growth	105,442.00	1,245,248.32

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Arbitrage Fund amounts to ₹ 135.33 Crores of AUM as at Mar 31, 2026.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

Invest Now

(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 - March 2026

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. However, there is no assurance that the investment objective of the Scheme will be achieved and the Scheme does not assure or guarantee any returns.
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 - Chief Investment Officer Equity and Director (Since Inception) Mr. Raunak Onkar - Fund Manager & Research Head (Since Inception) Mr. Raj Mehta - Executive Vice President & Fund Manager - Equity (Since September 1, 2025) Mr. Rukun Tarachandani - Executive Vice President & Fund Manager - Equity (Since May 16, 2022) Mr. Tejas Soman - Chief Investment Officer - Debt (Since September 1, 2025) Ms. Mansi Kariya - Associate Vice President & Fund Manager- Debt (Since December 22, 2023) Ms. Aishwarya Dhar - Senior Manager & Fund Manager- Debt (Since September 1, 2025)
Month End Expense Ratio	Regular Plan: 1.27%* 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: ₹ 1,000 Additional Purchase: ₹ 1,000
Minimum SIP Investment Amount	Monthly SIP: ₹ 1,000, Quarterly SIP: ₹ 3,000

Assets Under Management (AUM) as on Mar 31, 2026	₹ 1,28,966.48 Crores
Average AUM for the Month	₹ 1,31,687.14 Crores

Net Asset Value (NAV) as on Mar 31, 2026
Regular Plan - Growth:	78.2643
Direct Plan - Growth:	85.6779
Regular Plan - Monthly IDCW:	78.2643
Direct Plan - Monthly IDCW:	85.6779

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	0.62
Standard Deviation	9.88%
Sharpe Ratio	0.88
Portfolio Turnover (excl Equity Arbitrage)	17.91%
Portfolio Turnover (incl Equity Arbitrage)	46.50%
Above figures are annualised. - Risk free rate assumed to be 6.98% (FBIL Overnight MIBOR as on Mar 31, 2026)

Core Equity
Name	Industry	% of Net Assets
HDFC Bank Limited	Banks	7.96%
Power Grid Corporation of India Limited	Power	7.16%
Coal India Limited	Consumable Fuels	6.11%
ICICI Bank Limited	Banks	5.03%
ITC Limited	Diversified FMCG	5.00%
Bajaj Holdings & Investment Limited	Finance	4.09%
Kotak Mahindra Bank Limited	Banks	4.02%
Mahindra & Mahindra Limited	Automobiles	3.36%
HCL Technologies Limited	IT - Software	3.11%
Axis Bank Limited	Banks	2.99%
Bharti Airtel Limited	Telecom - Services	2.93%
Maruti Suzuki India Limited	Automobiles	2.90%
Infosys Limited	IT - Software	2.61%
Tata Consultancy Services Limited	IT - Software	2.27%
Dr. Reddy's Laboratories Limited	Pharmaceuticals & Biotechnology	1.34%
Zydus Lifesciences Limited	Pharmaceuticals & Biotechnology	1.27%
Cipla Limited	Pharmaceuticals & Biotechnology	1.26%
Zydus Wellness Limited	Food Products	0.73%
Indian Energy Exchange Limited	Capital Markets	0.72%
EID Parry India Limited	Food Products	0.44%
Balkrishna Industries Limited	Auto Components	0.37%
Narayana Hrudayalaya Limited	Healthcare Services	0.25%
The Great Eastern Shipping Company Limited	Transport Services	0.24%
Central Depository Services (India) Limited	Capital Markets	0.20%
CMS Info System Limited	Commercial Services & Supplies	0.14%
ICRA Limited	Capital Markets	0.11%
Maharashtra Scooters Limited	Finance	0.07%
Indus Towers Limited	Telecom - Services	0.02%
CIE Automotive India Limited	Auto Components	0.02%
Swaraj Engines Limited	Industrial Products	0.01%
Nesco Limited	Commercial Services & Supplies	0.01%
Indraprastha Gas Limited	Gas	0.01%
Mahanagar Gas Limited	Gas	0.0038%
Sub Total		66.75%
^@Arbitrage and Special Situations		0.40%
Total		67.15%
Overseas Securities, IDRS and ADRs
Alphabet Inc A	Computer Software	3.99%
Meta Platforms Registered Shares A	Computer Software	2.49%
Amazon Com Inc	Catalog/Specialty Distribution	2.12%
Microsoft Corp	Computer Software	1.99%
Total		10.59%
Units issued by REITs & InvITs
Embassy Office Parks REIT	Realty	2.60%
Brookfield India Real Estate Trust	Realty	1.09%
Mindspace Business Parks REIT	Realty	0.03%
Total		3.72%
Debt and Money Market Instruments
Certificate of Deposit	Rating
Kotak Mahindra Bank Limited (24/09/2026)	CRISIL A1+	0.51%
Axis Bank Limited (11/08/2026)	CRISIL A1+	0.49%
Bank of Baroda (16/09/2026)	IND A1+	0.47%
Canara Bank (12/06/2026)	CRISIL A1+	0.46%
Union Bank of India (25/06/2026)	ICRA A1+	0.42%
HDFC Bank Limited (10/09/2026)	CRISIL A1+	0.38%
National Bank For Agriculture and Rural Development (18/09/2026)	CRISIL A1+	0.37%
Kotak Mahindra Bank Limited (18/12/2026)	CRISIL A1+	0.37%
Small Industries Development Bank of India (05/05/2026)	CRISIL A1+	0.37%
Canara Bank (18/12/2026)	CRISIL A1+	0.33%
HDFC Bank Limited (24/06/2026)	CRISIL A1+	0.30%
Canara Bank (11/11/2026)	CRISIL A1+	0.30%
Union Bank of India (12/06/2026)	ICRA A1+	0.27%
Indian Bank (12/06/2026)	CRISIL A1+	0.25%
Bank of Baroda (23/07/2026)	IND A1+	0.25%
Axis Bank Limited (11/06/2026)	CRISIL A1+	0.23%
Indian Bank (28/07/2026)	CRISIL A1+	0.23%
Small Industries Development Bank of India (24/09/2026)	CRISIL A1+	0.22%
Small Industries Development Bank of India (13/10/2026)	CRISIL A1+	0.22%
Indian Bank (30/10/2026)	CRISIL A1+	0.22%
Indian Bank (22/01/2027)	CRISIL A1+	0.22%
Bank of Baroda (16/10/2026)	IND A1+	0.19%
National Bank For Agriculture and Rural Development (19/01/2027)	ICRA A1+	0.18%
Punjab National Bank (05/02/2027)	CRISIL A1+	0.18%
National Bank For Agriculture and Rural Development (14/01/2027)	CRISIL A1+	0.17%
Indian Bank (06/05/2026)	CRISIL A1+	0.15%
HDFC Bank Limited (12/06/2026)	CARE A1+	0.15%
Punjab National Bank (15/12/2026)	CRISIL A1+	0.15%
Bank of Baroda (15/12/2026)	IND A1+	0.15%
Kotak Mahindra Bank Limited (08/01/2027)	CRISIL A1+	0.15%
ICICI Bank Limited (27/01/2027)	ICRA A1+	0.15%
Axis Bank Limited (25/06/2026)	CRISIL A1+	0.13%
Bank of Baroda (25/11/2026)	IND A1+	0.13%
Small Industries Development Bank of India (16/12/2026)	CARE A1+	0.13%
Union Bank of India (23/04/2026)	IND A1+	0.12%
Indian Bank (03/06/2026)	CRISIL A1+	0.11%
Indian Bank (05/06/2026)	CRISIL A1+	0.11%
Small Industries Development Bank of India (09/07/2026)	CARE A1+	0.11%
National Bank For Agriculture and Rural Development (22/01/2027)	ICRA A1+	0.11%
National Bank For Agriculture and Rural Development (28/01/2027)	CRISIL A1+	0.11%
HDFC Bank Limited (19/05/2026)	CRISIL A1+	0.10%
Bank of Baroda (25/05/2026)	IND A1+	0.08%
Canara Bank (15/06/2026)	CRISIL A1+	0.08%
Axis Bank Limited (10/08/2026)	CRISIL A1+	0.08%
HDFC Bank Limited (21/09/2026)	CRISIL A1+	0.07%
Small Industries Development Bank of India (10/11/2026)	CARE A1+	0.07%
HDFC Bank Limited (13/11/2026)	CRISIL A1+	0.07%
HDFC Bank Limited (22/01/2027)	CRISIL A1+	0.07%
Bank of Baroda (04/06/2026)	CARE A1+	0.04%
Axis Bank Limited (27/11/2026)	CRISIL A1+	0.04%
National Bank For Agriculture and Rural Development (04/02/2027)	CRISIL A1+	0.04%
Sub total		10.30%
Commercial Paper
National Bank For Agriculture and Rural Development (25/06/2026)	CRISIL A1+	0.34%
Bajaj Finance Limited (18/06/2026)	CRISIL A1+	0.23%
Bajaj Finance Limited (06/05/2026)	CRISIL A1+	0.15%
Bajaj Finance Limited (26/05/2026)	CRISIL A1+	0.15%
ICICI Securities Limited (15/06/2026)	CRISIL A1+	0.10%
Bajaj Finance Limited (07/05/2026)	CRISIL A1+	0.08%
HDFC Securities Limited (12/05/2026)	CARE A1+	0.08%
HDFC Securities Limited (15/05/2026)	CARE A1+	0.08%
Export Import Bank of India (27/05/2026)	CRISIL A1+	0.08%
Small Industries Development Bank of India (05/06/2026)	CRISIL A1+	0.08%
Kotak Securities Limited (07/05/2026)	ICRA A1+	0.06%
Bajaj Finance Limited (29/04/2026)	CRISIL A1+	0.04%
Kotak Securities Limited (04/06/2026)	CRISIL A1+	0.04%
Sub total		1.51%
Mutual Fund Units
Parag Parikh Liquid Fund- Direct Plan- Growth		1.02%
Sub total		1.02%
Treasury Bill	Rating
364 Days Tbill (MD 15/10/2026)	Sovereign	0.26%
364 Days Tbill (MD 15/01/2027)	Sovereign	0.15%
364 Days Tbill (MD 30/07/2026)	Sovereign	0.08%
364 Days Tbill (MD 16/04/2026)	Sovereign	0.08%
TREPS Including Cash & Cash Equivalent and Net Current Asset	Debt and Money Market Instruments	5.14%
Sub total		6.73%
Total		18.54%
Net Assets		100.00%

^@ Hedged by offsetting derivative position

Lumpsum Investment Performance (Compounded annual returns)
Date	Scheme	Scheme	AMFI Tier I Benchmark	Additional Benchmark	Value of Investment of Rs. 10,000/-^^
Date	PPFCF (Regular)	PPFCF (Direct)	Nifty 500 (TRI)	Nifty 50 (TRI)	PPFCF (Regular)	PPFCF (Direct)	Nifty 500 (TRI)	Nifty 50 (TRI)
Since Inception (24 May, 2013)*	17.31%	18.14%	13.43%	12.15%	77,884	85,260	50,519	43,663
March 28, 2025 to March 30, 2026 (Last 1 Year)	-1.27%	-0.63%	-2.88%	-3.99%	9,873	9,937	9,712	9,601
March 31, 2023 to March 30, 2026 (Last 3 Years)	16.32%	17.14%	13.22%	10.03%	15,737	16,072	14,513	13,320
March 31, 2021 to March 30, 2026 (Last 5 Years)	15.43%	16.38%	11.88%	10.01%	20,495	21,353	17,531	16,113
March 31, 2016 to March 30, 2026 (Last 10 Years)	16.55%	17.45%	13.51%	12.54%	46,282	49,959	35,512	32,594

Source: Scheme Performance - Internal Benchmark Performance - CRISIL
*Since inception returns are calculated on Rs. 10 (allotment price)
^^Point-to-point returns for a ₹10,000 lump sum investment made on the specified initial date and redeemed on the specified final date reflect growth based on prevailing NAVs of the Direct and Regular Plan – Growth Options
Note:

Different plans shall have different expense structures.
Scheme returns shown are for direct and 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 (24 May, 2013)	March 28, 2025 to March 30, 2026 (Last 1 Year)	March 31, 2023 to March 30, 2026 (Last 3 Years)	March 31, 2021 to March 30, 2026 (Last 5 Years)	March 31, 2016 to March 30, 2026 (Last 10 Years)
Total Amount Invested	15,50,000	1,20,000	3,60,000	6,00,000	12,00,000
Market value of Investment (Regular)	48,78,253	1,11,894	3,94,248	7,95,735	28,32,956
Market value of Investment (Direct)	52,08,963	1,12,287	3,98,771	8,13,044	29,82,398
(Regular) Returns (Annualised) (%)	16.46%	-12.35%	6.00%	11.25%	16.39%
(Direct) Returns (Annualised) (%)	17.35%	-11.76%	6.77%	12.12%	17.34%
Nifty 500 (TRI) Returns (Annualised) (%)	12.54%	-18.16%	1.38%	7.38%	12.16%
Nifty 50 (TRI) Returns (Annualised) (%)	11.34%	-18.42%	0.48%	5.81%	10.99%

3 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Flexi Cap Fund - Reg - Growth	18.37%	36.29%	0.07%	5.64%
Parag Parikh Flexi Cap Fund - Direct - Growth	19.26%	37.64%	0.74%	5.81%
AMFI Tier I Benchmark Index - Nifty 500 TRI	14.94%	33.50%	-6.31%	5.66%
5 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Flexi Cap Fund - Reg - Growth	18.51%	32.75%	3.44%	4.92%
Parag Parikh Flexi Cap Fund - Direct - Growth	19.42%	33.93%	4.09%	5.06%
AMFI Tier I Benchmark Index - Nifty 500 TRI	14.68%	28.87%	-1.05%	4.85%
10 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh Flexi Cap Fund - Reg - Growth	18.28%	20.60%	16.35%	0.89%
Parag Parikh Flexi Cap Fund - Direct - Growth	19.16%	21.48%	17.23%	0.88%
AMFI Tier I Benchmark Index - Nifty 500 TRI	14.85%	17.02%	11.71%	1.06%
- 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 Mar 31, 2026.

Scheme	Units	AUM (in Rs.)
Parag Parikh Flexi Cap Fund - Direct Plan	1,524,150.04	130,585,972.17

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Flexi Cap Fund amounts to ₹ 555.34 Crores of AUM as at Mar 31, 2026.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 - March 2026

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 - Chief Investment Officer Equity and Director (Since Inception) Mr. Raunak Onkar - Fund Manager & Research Head (Since Inception) Mr. Raj Mehta - Executive Vice President & Fund Manager - Equity (Since September 1, 2025) Mr. Rukun Tarachandani - Executive Vice President & Fund Manager - Equity (Since May 16, 2022) Mr. Tejas Soman - Chief Investment Officer - Debt (Since September 1, 2025) Ms. Aishwarya Dhar - Senior Manager & Fund Manager- Debt (Since September 1, 2025)
Month End Expense Ratio	Regular Plan: 1.73%* 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: ₹ 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 Mar 31, 2026	₹ 5,260.64 Crores
Average AUM for the Month	₹ 5,503.06 Crores

Net Asset Value (NAV) as on Mar 31, 2026
Regular Plan	27.7248
Direct Plan	30.0248

Entry Load	Not Applicable
Exit Load	NIL

Beta	0.72
Standard Deviation	11.13%
Sharpe Ratio	0.46
Portfolio Turnover	20.80%
- Above figures are annualised. - Risk free rate assumed to be 6.98% (FBIL Overnight MIBOR as on Mar 31, 2026)

Core Equity
Name	Industry	% of Net Assets
HDFC Bank Limited	Banks	8.03%
Power Grid Corporation of India Limited	Power	7.68%
Coal India Limited	Consumable Fuels	7.03%
Bajaj Holdings & Investment Limited	Finance	5.86%
ITC Limited	Diversified FMCG	5.09%
Maharashtra Scooters Limited	Finance	4.99%
ICICI Bank Limited	Banks	4.67%
Kotak Mahindra Bank Limited	Banks	4.09%
HCL Technologies Limited	IT - Software	4.07%
Maruti Suzuki India Limited	Automobiles	3.72%
Infosys Limited	IT - Software	3.57%
Bharti Airtel Limited	Telecom - Services	3.55%
Axis Bank Limited	Banks	3.53%
Mahindra & Mahindra Limited	Automobiles	3.52%
CMS Info System Limited	Commercial Services & Supplies	3.11%
CCL Products (India) Limited	Agricultural Food & other Products	2.77%
Tata Consultancy Services Limited	IT - Software	2.04%
Wipro Limited	IT - Software	1.76%
Dr. Reddy's Laboratories Limited	Pharmaceuticals & Biotechnology	1.45%
Zydus Lifesciences Limited	Pharmaceuticals & Biotechnology	1.35%
Cipla Limited	Pharmaceuticals & Biotechnology	1.28%
Zydus Wellness Limited	Food Products	0.94%
VST Industries Limited	Cigarettes & Tobacco Products	0.88%
Indian Energy Exchange Limited	Capital Markets	0.86%
EID Parry India Limited	Food Products	0.49%
Balkrishna Industries Limited	Auto Components	0.47%
The Great Eastern Shipping Company Limited	Transport Services	0.36%
Narayana Hrudayalaya Limited	Healthcare Services	0.32%
Central Depository Services (India) Limited	Capital Markets	0.22%
Swaraj Engines Limited	Industrial Products	0.20%
West Coast Paper Mills Limited	Paper, Forest & Jute Products	0.11%
Indus Towers Limited	Telecom - Services	0.08%
Sundrop Brands Ltd	Agricultural Food & other Products	0.08%
ICRA Limited	Capital Markets	0.06%
CIE Automotive India Limited	Auto Components	0.03%
Nesco Limited	Commercial Services & Supplies	0.03%
Indraprastha Gas Limited	Gas	0.01%
Mahanagar Gas Limited	Gas	0.01%
Total		88.31%
Units issued by REITs & InvITs
Embassy Office Parks REIT	Realty	2.57%
Brookfield India Real Estate Trust	Realty	2.50%
Total		5.07%
Debt and Money Market Instruments
Certificate of Deposit	Rating
Bank of Baroda (16/10/2026)	IND A1+	0.91%
Axis Bank Limited (11/06/2026)	CRISIL A1+	0.47%
Sub total		1.38%
Commercial Paper
ICICI Securities Limited (15/06/2026)	CRISIL A1+	0.94%
Bajaj Finance Limited (18/06/2026)	CRISIL A1+	0.94%
HDFC Securities Limited (15/05/2026)	CARE A1+	0.47%
REC Limited (10/06/2026)	CRISIL A1+	0.47%
National Bank For Agriculture and Rural Development (25/06/2026)	CRISIL A1+	0.47%
Sub total		3.29%
Treasury Bill
364 Days Tbill (MD 15/01/2027)	Sovereign	0.18%
364 Days Tbill (MD 30/07/2026)	Sovereign	0.09%
Sub total		0.27%
Reverse Repo / TREPS and Other Receivables and Payables
Reverse Repo / TREPS and Other Receivables and Payables	Debt and Money Market Instruments	1.68%
Sub total		1.68%
Total		6.62%
Net Assets		100.00%

Lumpsum Investment Performance (Compounded annual returns)
Date	Scheme		AMFI Tier I Benchmark	Additional Benchmark	Value of Investment of Rs. 10,000/-^^
Date	PPTSF (Regular)	PPTSF (Direct)	Nifty 500 (TRI)	Nifty 50 (TRI)	PPTSF (Regular)	PPTSF (Direct)	Nifty 500 (TRI)	Nifty 50 (TRI)
Since Inception (24 July, 2019)*	16.46%	17.86%	13.96%	12.02%	27,725	30,025	23,970	21,369
March 28, 2025 to March 30, 2026 (Last 1 Year)	-7.77%	-6.76%	-2.88%	-3.99%	9,223	9,324	9,712	9,601
March 31, 2023 to March 30, 2026 (Last 3 Years)	12.05%	13.28%	13.21%	10.02%	14,073	14,542	14,513	13,320
March 31, 2021 to March 30, 2026 (Last 5 Years)	13.69%	15.04%	11.88%	10.01%	18,999	20,160	17,531	16,113

Source: Scheme Performance - Internal Benchmark Performance - CRISIL
*Since inception returns are calculated on Rs. 10 (allotment price)
^^Point-to-point returns for a ₹10,000 lump sum investment made on the specified initial date and redeemed on the specified final date reflect growth based on prevailing NAVs of the Direct and Regular Plan – Growth Options
Note:

Different plans shall have different expense structures.
Scheme returns shown are for direct and 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 (24 July, 2019)	March 28, 2025 to March 30, 2026 (Last 1 Year)	March 31, 2023 to March 30, 2026 (Last 3 Years)	March 31, 2021 to March 30, 2026 (Last 5 Years)
Total Amount Invested	8,10,000	1,20,000	3,60,000	6,00,000
Market value of Investment (Regular Plan)	12,66,276	1,06,509	3,65,860	7,33,471
Market value of Investment (Direct)	13,29,881	1,07,136	3,72,567	7,57,981
(Regular) Returns (Annualised) (%)	13.05%	-20.26%	1.05%	7.98%
(Direct) Returns (Annualised) (%)	14.48%	-19.35%	2.25%	9.29%
Nifty 500 (TRI) Returns (Annualised) (%)	11.82%	-18.16%	1.38%	7.38%
Nifty 50 (TRI) Returns (Annualised) (%)	9.90%	-18.42%	0.48%	5.81%

3 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh ELSS Tax Saver Fund - Regular - Growth	21.21%	35.78%	12.05%	4.10%
Parag Parikh ELSS Tax Saver Fund - Direct - Growth	22.69%	37.51%	13.28%	4.20%
AMFI Tier I Benchmark Index - Nifty 500 TRI	18.97%	33.50%	10.85%	3.72%
5 Years Rolling Return	Average	Maximum	Minimum	Std. Deviation
Parag Parikh ELSS Tax Saver Fund - Regular - Growth	22.42%	30.79%	13.64%	3.57%
Parag Parikh ELSS Tax Saver Fund - Direct - Growth	23.90%	32.36%	15.00%	3.62%
AMFI Tier I Benchmark Index - Nifty 500 TRI	20.22%	28.87%	11.74%	3.38%
- Returns are calculated since inception with daily rolling frequency for the 3 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 Mar 31, 2026.

Scheme	Units	AUM (in Rs.)
Parag Parikh ELSS Tax Saver Fund - Direct Plan	200,282.82	6,013,451.00

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh ELSS Tax Saver Fund amounts to ₹ 60.99 Crores of AUM as at Mar 31, 2026.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 - March 2026

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 achieved 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. Tejas Soman - Chief Investment Officer - Debt (Since September 1, 2025) Ms. Mansi Kariya - Associate Vice President & Fund Manager- Debt (Since December 22, 2023) Ms. Aishwarya Dhar - Senior Manager & Fund Manager- Debt (Since September 1, 2025)
Month End Expense Ratio	Regular Plan: 0.21%* Direct Plan: 0.11%* *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

Management (AUM) as on Mar 31, 2026	₹ 5,170.93 Crores
Average AUM for the Month	₹ 5,083.74 Crores

Plan	Direct	Regular
Growth	1523.4587	1511.3672
Daily Reinvestment of Income Distribution cum capital withdrawal option	1000.5405	1000.5404
Weekly Reinvestment of Income Distribution cum capital withdrawal option	1001.1836	1001.1807
Monthly Income Distribution cum capital withdrawal option	1003.1837	1003.1808

Record date/ Payout Date	Direct		Regular			Regular	Direct	Regular	Direct
Dividend History - Monthly Income Distribution cum capital Withdrawal option (In INR)
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)
Mar 30, 2026	5.5632	5.5632	5.4663	5.4663	1,000	1,003	1,003	1008.4663	1008.5632
Feb 23, 2026	5.0996	5.0996	5.0249	5.0249	1,000	1,003	1,003	1008.0249	1008.0996
Jan 27, 2026	4.3497	4.3497	4.2700	4.2700	1,000	1,003	1,003	1007.2700	1007.3497

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.

Avg maturity of the fund (days)	64.20
Modified duration (Years)^#	0.1617
Yield to Maturity^#^$	7.06%
Macaulay Duration (Years)^#	0.1732
Credit Risk Value (CRV)^@	12.21
*Computed on the invested amount ^#All the above ratios are computed excluding investment in CDMDF units ^$Applicable for both regular and direct plan; the Yield to Maturity (YTM) percentage presented are based on actual values and not indicative. ^@CRV is calculated as per PRC matrix

Source: Internal sources

Debt and Money Market Instruments

Name

Rating

% of Net Assets

Treasury Bill

91 Days Tbill (MD 19/06/2026)

Sovereign

8.22%

91 Days Tbill (MD 11/06/2026)

Sovereign

3.16%

91 Days Tbill (MD 14/05/2026)

Sovereign

1.25%

Sub Total

12.63%

Government Securities

5.63% Government of India (12/04/2026)

Sovereign

7.73%

Sub Total

7.73%

Commercial Paper

Bajaj Finance Limited (19/06/2026)

CRISIL A1+

4.76%

Small Industries Development Bank of India (23/06/2026)

CRISIL A1+

4.75%

Power Finance Corporation Limited (15/04/2026)

CRISIL A1+

3.86%

National Bank For Agriculture and Rural Development (09/06/2026)

CRISIL A1+

3.81%

Export Import Bank of India (05/06/2026)

CRISIL A1+

2.86%

National Bank For Agriculture and Rural Development (17/06/2026)

CRISIL A1+

2.86%

Export Import Bank of India (27/05/2026)

CRISIL A1+

1.91%

Kotak Securities Limited (09/06/2026)

ICRA A1+

1.91%

Export Import Bank of India (25/05/2026)

CRISIL A1+

1.43%

Export Import Bank of India (01/06/2026)

CRISIL A1+

1.43%

HDFC Securities Limited (11/06/2026)

CARE A1+

1.43%

National Bank For Agriculture and Rural Development (08/05/2026)

CRISIL A1+

0.96%

Sub Total

31.97%

Certificate of Deposit

Bank of Baroda (17/06/2026)

IND A1+

5.71%

Indian Bank (11/06/2026)

CRISIL A1+

4.29%

HDFC Bank Limited (08/06/2026)

CARE A1+

3.82%

Punjab National Bank (11/06/2026)

CRISIL A1+

3.81%

HDFC Bank Limited (12/06/2026)

CARE A1+

3.81%

Union Bank of India (12/06/2026)

ICRA A1+

2.86%

Punjab National Bank (23/06/2026)

CRISIL A1+

2.85%

Bank of Baroda (05/06/2026)

CARE A1+

2.39%

Canara Bank (27/05/2026)

CRISIL A1+

1.91%

Union Bank of India (03/06/2026)

ICRA A1+

1.91%

Canara Bank (12/06/2026)

CRISIL A1+

1.91%

Indian Bank (19/06/2026)

CRISIL A1+

1.90%

Kotak Mahindra Bank Limited (25/05/2026)

CRISIL A1+

1.43%

Union Bank of India (19/06/2026)

ICRA A1+

1.43%

Axis Bank Limited (24/06/2026)

CRISIL A1+

1.43%

Indian Bank (06/05/2026)

CRISIL A1+

0.96%

Indian Bank (13/05/2026)

CRISIL A1+

0.96%

Union Bank of India (26/05/2026)

ICRA A1+

0.96%

Union Bank of India (23/06/2026)

ICRA A1+

0.95%

Union Bank of India (01/06/2026)

ICRA A1+

0.48%

Bank of Baroda (04/06/2026)

CARE A1+

0.48%

Axis Bank Limited (12/06/2026)

CRISIL A1+

0.29%

Sub Total

46.54%

Corporate Debt Market Development Fund A2

Corporate Debt Market Development Fund - Class A2 Units

0.26%

Reverse Repo / TREPS and Other Receivables and Payables

Debt and Money Market Instruments

0.87%

Net Assets

100.00%

Lumpsum Investment Performance (Compounded Annual returns)
Date	Scheme		AMFI Tier I Benchmark	Additional Benchmark	Value of Investment of Rs. 10,000/-
Date	PPLF (Regular)	PPLF (Direct)	CRISIL Liquid Debt A-I Index	CRISIL 1 year T-bill Index	PPLF Regular)	PPLF (Direct)	CRISIL Liquid Debt A-I Index	CRISIL 1 year T-bill Index
Since Inception (11 May, 2018)*	5.37%	5.48%	5.85%	5.97%	15,114	15,235	15,659	15,801
March 24, 2026 to March 31, 2026 (Last 7 days)	8.58%	8.68%	7.95%	1.51%	10,016	10,017	10,015	10,003
March 16, 2026 to March 31, 2026 (Last 15 Days)	6.62%	6.72%	6.82%	2.26%	10,027	10,028	10,028	10,009
February 28, 2026 to March 31, 2026 (Last 1 Month)	5.72%	5.82%	5.80%	2.49%	10,049	10,049	10,049	10,021
December 31, 2025 to March 31, 2026 (Last 3 Month)	5.86%	5.97%	5.83%	3.43%	10,145	10,147	10,144	10,085
September 30, 2025 to March 31, 2026 (Last 6 Month)	5.79%	5.89%	5.82%	3.96%	10,288	10,294	10,290	10,197
March 31, 2025 to March 31, 2026 (Last 1 Year)	5.99%	6.09%	6.07%	5.30%	10,599	10,609	10,607	10,530
March 31, 2023 to March 31, 2026 (Last 3 Years)	6.56%	6.67%	6.85%	6.66%	12,103	12,139	12,202	12,136
March 31, 2021 to March 31, 2026 (Last 5 Years)	5.62%	5.72%	5.98%	5.64%	13,146	13,212	13,371	13,158

Source: Scheme Performance - Internal Benchmark Performance - CRISIL
*Since inception returns are calculated on Rs. 1000 (allotment price)
^^ Point-to-point returns for a ₹10,000 lump sum investment made on the specified initial date and redeemed on the specified final date reflect growth based on prevailing NAVs of the Direct and Regular Plan – Growth Options
Note:

Different plans shall have different expense structures.
Scheme returns shown are for direct and 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.

Potential Risk Class (PRC) of Parag Parikh Liquid Fund

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 Mar 31, 2026.

Scheme	Units	AUM (in Rs.)
Parag Parikh Liquid Fund Direct Plan Growth	2,743.55	4,179,604.37

We have our Skin in the Game
The combined holding of 'Insiders' in Parag Parikh Liquid Fund amounts to ₹ 2,240.38 Crores of AUM as at Mar 31, 2026. 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 (PPFCF) is an open ended equity oriented scheme with flexibility to invest a minimum of 65% in Indian equities and up to 35% in overseas equity security and domestic debt / money market securities.
The core portfolio consists of equity investments made with a long term outlook and the factors considered while investing are quality of management, quality of the sector and the business (return on capital, entry barriers, capital intensity, use of debt, growth prospects etc) and the valuation of the companies. The endeavor of the fund management team is to identify opportunities for long term investments. However, there are times when the opportunities are not attractive enough. While waiting for attractive opportunities, the fund invests in arbitrage opportunities between the cash and futures equity markets and special situations arbitrage where open offers / delisting / merger events have been announced. Investments are also made in money market / debt securities while waiting for deployment in core equity investments.

Outlook

We continue to look at individual investments on their own merits and will not hesitate to invest if an opportunity looks attractive. As usual, our investment stance does not depend much on the macro-economic situation but is focussed on individual companies. We have about 18.94% in cash holdings, debt & money market instruments and arbitrage positions which can be deployed in long term investments at appropriate levels.

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]