Debt · Liquid

Parag Parikh Liquid Fund

PPFAS Asset Management Pvt. Ltd.

Benchmark

CRISIL Liquid Debt A-I Index

Riskometer

Low to Moderate

Size

₹6,078 cr

Allotted

11 May 2018

Holdings as of

30 Sep 2026

Parag Parikh Liquid Fund is a liquid fund of PPFAS Asset Management Pvt. Ltd. with ₹6,078 cr under management. It is ahead of its benchmark (CRISIL Liquid Debt A-I Index) in 1 of 3 periods. Its direct plan charges 0.11% a year. Tejas Soman has managed it for 1.1 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is Parag Parikh Liquid Fund invested in?

86% in debt, 4% in shares and 10% in cash, as of 30 Sep 2026.

Equity3.9%Debt86.0%Cash10.0%Other0.0%

Holdings as of 30 Sep 2026

Has Parag Parikh Liquid Fund beaten its benchmark?

Ahead of its benchmark, CRISIL Liquid Debt A-I Index, in 1 of 3 periods in AMFI's figures; +6.46% over the last year against +6.24%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.46%	−1.30%	—
3 months	+1.53%	−4.28%	—
6 months	+3.10%	−1.46%	—
1 year	+6.43%	−4.25%	+10.68 pts
3 years	+6.68%	+9.50%	−2.82 pts
5 years	+6.12%	+8.14%	−2.02 pts
10 years	—	+12.76%	—
Since start from 14 May 2018	+5.56%	—	—

Valarth price history to 15 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 14 Oct 2026

Ahead of its benchmark (CRISIL Liquid Debt A-I Index) in 1 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.46%	+6.36%	+6.24%	+0.22	🔒
3y	+6.68%	+6.58%	+6.75%	−0.07	🔒
5y	+6.12%	+6.01%	+6.31%	−0.19	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Liquid funds, and how steady the lead is, in the app

Value of 100, month-end

May 2018 to 15 Oct 2026

Fund 157Nifty 500 TRI 260

₹100 put in at the start of May 2018 would be ₹157 on 15 Oct 2026, against ₹260 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Parag Parikh Liquid Fund cost?

0.11% a year on the direct plan, 0.21% on the regular plan; 12 of 43 funds in its category charge less.

Direct plan

0.11% a year

Category median 0.13%

Regular plan

0.21% a year

Category median 0.25%

Gap

0.10 points

for the same holdings

12 of 43 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Debt Scheme - Liquid Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Parag Parikh Liquid Fund?

Tejas Soman, since 1 Sep 2025; Mansi Kariya, since 1 Sep 2025; Aishwarya Dhar, since 1 Sep 2025.

Tejas Soman

1.1 years

since 1 Sep 2025

Mansi Kariya

1.1 years

since 1 Sep 2025

Aishwarya Dhar

1.1 years

since 1 Sep 2025

Benchmark as filedCRISIL Liquid Debt A-I Index

Exit load

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%

From 26 Scheme Summary Documents filed with NSE, first on 6 Apr 2026; as on 8 Sep 2026

Questions people ask

Who manages Parag Parikh Liquid Fund?

Tejas Soman (manager) since 1 Sep 2025; Mansi Kariya (manager) since 1 Sep 2025; Aishwarya Dhar (manager) since 1 Sep 2025.

What is the expense ratio of Parag Parikh Liquid Fund?

0.11% a year on the direct plan and 0.21% on the regular plan (expense report, Oct 2026).

How has Parag Parikh Liquid Fund done?

Its direct plan returned +6.68% a year over 3 years against +6.75% for its benchmark, CRISIL Liquid Debt A-I Index, as of 14 Oct 2026.