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Parag Parikh
Liquid Fund (PPLF)

An Open-ended Liquid Scheme. A Relatively Low Interest Rate Risk and Relatively Low Credit Risk

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REITs & InvITs / Equity / Debt REITs & InvITs / Equity / Debt

Investment Objective:


The primary investment objective of the Scheme is 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.


The key advantage of PPLF is:

  • It is a credible cash management solution—for those seeking high liquidity & the flexibility to deploy money for short periods.
  • Insta Redemption up to ₹50,000 or 90% of latest holding value of investment (whichever is lower)—redemption proceeds are credited directly to your bank account within 30 minutes^.
  • No exit load levied after six days.
  • You could use the proceeds from PPLF to systematically undertake transfers or Switches into other scheme/s offered by PPFAS Mutual Fund. Switch transactions are subject to applicable cut-off timings and NAV rules as per SEBI Mutual Funds regulations.

Asset Allocation:


Instruments Indicative allocations
(% of net assets) 		Risk Profile
Minimum Maximum (High/Medium/Low)
Money Market instruments*
(including cash, repo, CPs, CDs, Treasury Bills, TREPs/CBLO and Government Securities with maturity/residual maturity up to 91 days) 		80% 100% Low
Debt instruments
(including Floating rate debt instruments and securitised debt with maturity/residual maturity up to 91 days) 		0% 20% Low to Medium
Note: Please refer to the Scheme Information Document for detailed Asset allocation.


Key Features of our Investment Strategy:


  • The Scheme shall invest in debt and money market securities with maturity of up to 91 days only .
  • In case of securities with put and call options (daily or otherwise) the residual maturity shall not be greater than 91 days.
  • Inter-scheme transfers of Debt and Money Market Instruments in the Scheme shall be carried out in respect of securities with maturity of up to 91 days.
  • The Scheme will not invest in ADRs/GDRs and Foreign Securities.
  • It shall also not engage into securities lending and borrowing.




Is this scheme suitable for me?


Yes if…
  • Your financial goal falls due within a year or so
  • You are keen on ensuring that his capital is relatively safe up to that date
  • You do not mind if the 'capital appreciation' is not the highest in the category
  • You’re seeking an alternative to traditional savings or current bank account investments.
  • You are seeking income over the short term (usually, less than a year)
No if…
  • You expect it to meet your long-term financial goals (unless you use it to transfer money into our Equity schemes via ‘Systematic Transfer Plan’)
  • You prioritise 'appreciation in the Net Asset Value' over safety of capital and liquidity.

PPLF is a suitable option for investors who are seeking a low risk savings solution for short periods (usually, less than a year).


PPFAS CashFlex: Cash made convenient


Manage your cash effortlessly with PPFAS CashFlex, the easy-access companion app to PPFAS SelfInvest, exclusively for Parag Parikh Liquid Fund (PPLF) & Parag Parikh Arbitrage Fund (PPAF).

A dedicated app for cash management that’s perfect for topping up your investments or making swift redemptions with just a swipe.

How it works:

  • 1️⃣ Tap Buy/Redeem: Choose your desired action for the scheme.
  • 2️⃣ Enter Details: Enter amount, select transaction type, choose bank account.
  • 3️⃣ Swipe Right: Complete the secure two-step verification.
Download on Apple Store Get it on Google Play
PPFAS CashFlex App

Insta Redemption for investments in PPLF | Direct and Regular Plans - Growth option

With this instant access facility, you can redeem up to Rs. 50,000 or 90% of the latest holding value of investment (whichever is lower) - and receive the money in your bank account linked with your mutual fund folio via IMPS on the same day, within just 30 minutes^!

^The 30-minute redemption timeline is subject to system availability and bank response times. Technical or banking delays may lead to extended processing durations. We will aim to process the redemptions on the same day.



Investment Team Details:


Tejas Soman

Tejas Soman

Mansi Kariya

Mansi Kariya

Aishwarya Dhar

Aishwarya Dhar



More Details Scheme Information Document
[SID] Key Information Memorandum
[KIM]


Parag Parikh Liquid Fund (PPLF)

An Open-ended Liquid Scheme. A Relatively Low Interest Rate Risk and Relatively Low Credit Risk.

This product is suitable for investors who are seeking*

  • Income over the short term.
  • Investments in debt / money market instruments.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Riskometer Riskometer



Finance

Riskometers and PRC of the debt scheme as on July 31, 2025
Note: Click here for Latest Product Label of the Schemes.

Download SID/SAI and KIM here.


© PPFAS Asset Management Private Limited. All rights reserved.
Sponsor: Parag Parikh Financial Advisory Services Limited. [CIN: U67190MH1992PLC068970], Trustee: PPFAS Trustee Company Private Limited. [CIN: U65100MH2011PTC221203], Investment Manager (AMC): PPFAS Asset Management Private Limited. [CIN: U65100MH2011PTC220623]