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  • Parag Parikh Liquid Fund
    Buy it here!

    Parag Parikh Liquid Fund (PPLF) is An Open ended Liquid scheme. A Relatively Low Interest Rate Risk and Relatively low Credit Risk whose primary investment objective 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 realized and the scheme does not assure or guarantee any returns.

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

    The key advantages of PPLF are:

    • It is a credible alternative to bank fixed deposits, enabling you to invest to deploy money for short periods.
    • It is a good option for those seeking a highly liquid option.
    • 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.
    • Direct Plan (i.e., investments not routed through distributor)
    • Regular Plan
    Options
    Sub-Options/ Facilities
    Frequency of Income Distribution cum Capital Withdrawal Option Record Date
    Growth NA NA NA
    Income Distribution cum Capital Withdrawal Option
    Daily Re-investment
    Daily
    All days for which NAV is published on
    www.amfiindia.com
    and
    http://amc.ppfas.com
    websites.
    Weekly Re-investment Weekly Every Monday
    Monthly Re-investment and Payout Monthly Last Monday of the Month

    The Trustee/AMC reserves the right to change the record date from time to time

    Purchase Additional Purchase
    ₹ 5,000 and in multiple of Re. 1 thereafter.
    ₹ 1,000 and in multiple of Re. 1 thereafter.

    Please draw all cheques in favour of 'Parag Parikh Liquid Fund'

    Minimum amount for monthly SIP, Rs. 1,000 and in multiple of Re. 1 thereafter and for Quarterly SIP, Rs. 3,000 and in multiple of Re. 1 thereafter

    Minimum unit holder's account balance or minimum amount of application at the time of STP enrollment in the Transferor Scheme should be Rs. 6,000/- for Daily, Weekly, Fortnightly and Monthly option and Rs. 12,000/- for Quarterly option.

    Minimum unit holder's account balance or minimum amount of application at the time of SWP enrollment in the Transferor Scheme should be Rs. 12,000/-

    In case you desire to transfer funds via NEFT/RTGS, the Bank details are provided below:

    Please note : The Bank Accounts mentioned below, pertain only to Parag Parikh Liquid Fund. Please do not deposit the Application Money for any other Scheme.

    We will be compelled to reject such erroneous Applications and refund the amount within five working days.
    Bank Name
    Type of Account
    A/c Number Name of Account IFSC Code
    AXIS Bank COLLECTION
    918020038138452 PARAG PARIKH LIQUID FUND COLLECTION A/C UTIB0000004
    HDFC Bank COLLECTION 57500000144502
    PARAG PARIKH LIQUID FUND COLLECTION A/C HDFC0000060
    ICICI Bank COLLECTION
    000405116530 PARAG PARIKH LIQUID FUND COLLECTION A/C ICIC0000004
    Kotak Mah Bank COLLECTION
    3113187781 PARAG PARIKH LIQUID FUND COLLECTION A/C KKBK0000958
    State Bank of India COLLECTION
    37669770012 PARAG PARIKH LIQUID FUND COLLECTION A/C SBIN0011777
    Yes Bank COLLECTION
    000485700001305 PPFAS MUTUAL FUND COLLECTION ACCOUNT YESB0000004
    Mutual Fund shall levy exit load on investors who exit the Liquid Fund within 7 calendar days of their investment on a graded basis. As per SEBI norms, the Exit Load to be charged is as follows:

    Investor Exit
    upon subscription
    Exit Load as
    a % of redemption proceeds
    Day 1 0.0070%
    Day 2 0.0065%
    Day 3 0.0060%
    Day 4 0.0055%
    Day 5
    0.0050%
    Day 6 0.0045%
    Day 7 Onwards 0.0000%
    Sr. No. Type of Instruments Normal allocation (% of Net Assets) Risk Profile
    1 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
    2 Debt instruments (including Floating rate debt instruments and securitised debt with maturity/residual maturity up to 91 days) 0-20 Low to Medium
    The Scheme shall make investment in/ purchase 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 the maturity of up to 91 days.

    The Scheme shall not engage into securities lending and borrowing.


    Parag Parikh Liquid Fund
    riskometer This product is suitable for investors who are seeking*
    • Income over 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.
    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

    Download SID/SAI and KIM here.

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