Parag Parikh Liquid Fund Overview
Category Liquid Fund
BMSMONEY Rank 31
Rating
Growth Option 22-04-2025
NAV ₹1432.06(R) +0.02% ₹1442.16(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.9% 6.39% 5.08% -% -%
Direct 7.01% 6.5% 5.19% -% -%
Benchmark
SIP (XIRR) Regular 6.96% 6.78% 5.97% -% -%
Direct 7.07% 6.89% 6.07% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-1.2 -0.34 0.63 4.73% -0.02
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.3% 0.0% 0.0% 0.15 0.25%

NAV Date: 22-04-2025

Scheme Name NAV Rupee Change Percent Change
Parag Parikh Liquid Fund- Direct Plan- Daily Reinvestment of IDCW 1000.65
0.0000
0.0000%
Parag Parikh Liquid Fund- Regular Plan- Daily Reinvestment of IDCW 1000.65
0.0000
0.0000%
Parag Parikh Liquid Fund- Direct Plan- Weekly Reinvestment of IDCW 1001.18
0.1800
0.0200%
Parag Parikh Liquid Fund- Regular Plan- Weekly Reinvestment of IDCW 1001.18
0.1800
0.0200%
Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW 1006.61
0.1800
0.0200%
Parag Parikh Liquid Fund- Direct Plan- Monthly IDCW 1006.66
0.1800
0.0200%
Parag Parikh Liquid Fund- Regular Plan- Growth 1432.06
0.2500
0.0200%
Parag Parikh Liquid Fund- Direct Plan- Growth 1442.16
0.2600
0.0200%

Review Date: 22-04-2025

Beginning of Analysis

In the Liquid Fund category, Parag Parikh Liquid Fund is the 31st ranked fund. The category has total 33 funds. The Parag Parikh Liquid Fund has shown a very poor past performence in Liquid Fund. The fund has a Jensen Alpha of 4.73% which is lower than the category average of 5.24%, showing poor performance. The fund has a Sharpe Ratio of -1.2 which is lower than the category average of -0.24.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Liquid Mutual Funds are a category of debt mutual funds that invest in short-term money market instruments with a maturity of up to 91 days. These funds are designed to provide high liquidity and stability, making them ideal for parking surplus funds for a very short duration. Liquid Funds typically invest in instruments such as Treasury Bills (T-Bills), Commercial Papers (CPs), Certificates of Deposit (CDs), and short-term government securities.. Liquid Mutual Funds are ideal for investors seeking a safe, liquid, and low-risk investment option for short-term cash management. These funds invest in high-quality, short-term money market instruments with a maturity of up to 91 days, offering quick redemption (within 1 business day) and stable returns. While they provide better returns than savings accounts, they may underperform compared to other debt funds with longer maturities. Investors should consider their liquidity needs, risk tolerance, and investment horizon before investing in Liquid Funds. Additionally, the absence of a lock-in period makes them a flexible choice for managing short-term financial goals.

Parag Parikh Liquid Fund Return Analysis

  • The fund has given a return of 0.62%, 1.74 and 3.46 in last one, three and six months respectively. In the same period the category average return was 0.67%, 1.85% and 3.64% respectively.
  • Parag Parikh Liquid Fund has given a return of 7.01% in last one year. In the same period the Liquid Fund category average return was 7.32%.
  • The fund has given a return of 6.5% in last three years and ranked 32.0nd out of 34 funds in the category. In the same period the Liquid Fund category average return was 4.37%.
  • The fund has given a return of 5.19% in last five years and ranked 31st out of 33 funds in the category. In the same period the Liquid Fund category average return was 3.54%.
  • The fund has given a SIP return of 7.07% in last one year whereas category average SIP return is 7.43%. The fund one year return rank in the category is 32nd in 35 funds
  • The fund has SIP return of 6.89% in last three years and ranks 32nd in 34 funds. Aditya Birla Sun Life Liquid Fund has given the highest SIP return (7.36%) in the category in last three years.
  • The fund has SIP return of 6.07% in last five years whereas category average SIP return is 6.38%.

Parag Parikh Liquid Fund Risk Analysis

  • The fund has a standard deviation of 0.3 and semi deviation of 0.25. The category average standard deviation is 0.31 and semi deviation is 0.26.
  • The fund has a beta of 0.15 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Liquid Fund Category
  • Good Performance in Liquid Fund Category
  • Poor Performance in Liquid Fund Category
  • Very Poor Performance in Liquid Fund Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Parag Parikh Liquid Fund NAV Regular Growth Parag Parikh Liquid Fund NAV Direct Growth
    22-04-2025 1432.0573 1442.1604
    21-04-2025 1431.8058 1441.9028
    17-04-2025 1430.882 1440.9569
    16-04-2025 1430.6662 1440.7357
    15-04-2025 1430.4563 1440.5202
    11-04-2025 1429.4781 1439.5189
    09-04-2025 1429.001 1439.0306
    08-04-2025 1428.6496 1438.6728
    07-04-2025 1428.3653 1438.3826
    04-04-2025 1427.7485 1437.7496
    03-04-2025 1427.4979 1437.4933
    02-04-2025 1426.9276 1436.9151
    01-04-2025 1426.2595 1436.2383
    28-03-2025 1425.2502 1435.2064
    27-03-2025 1424.2176 1434.1625
    26-03-2025 1424.1067 1434.047
    25-03-2025 1423.7603 1433.6943
    24-03-2025 1423.3993 1433.3268

    Fund Launch Date: 09/May/2018
    Fund Category: Liquid Fund
    Investment Objective: The primary investment objective of the is to deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments. (Non Guaranteed)
    Fund Description: An Open-ended Liquid Scheme
    Fund Benchmark: CRISIL Liquid fund index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.