Parag Parikh Liquid Fund Datagrid
Category Liquid Fund
BMSMONEY Rank 26
Rating
Growth Option 12-08-2026
NAV ₹1549.5(R) +0.01% ₹1562.42(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.27% 6.6% 5.91% 5.29% -%
Direct 6.37% 6.71% 6.02% 5.4% -%
Benchmark
SIP (XIRR) Regular 6.5% 6.49% 6.4% 5.9% -%
Direct 6.61% 6.59% 6.5% 6.01% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
4.0 4.97 0.66 0.65% 0.28
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.2% 0.0% 0.0% 0.03 0.14%
Fund AUM As on: 30/12/2025 4509 Cr
Top Liquid Fund
Fund Name Rank Rating
Bank of India Liquid Fund 1
Axis Liquid Fund 2
DSP Liquidity Fund 3
Invesco India Liquid Fund 4
Union Liquid Fund 5
Edelweiss Liquid Fund 6
Groww Liquid Fund 7

NAV Date: 12-08-2026

Scheme Name NAV Rupee Change Percent Change
Parag Parikh Liquid Fund- Regular Plan- Daily Reinvestment of IDCW 1000.54
0.0000
0.0000%
Parag Parikh Liquid Fund- Direct Plan- Daily Reinvestment of IDCW 1000.64
-0.0500
-0.0100%
Parag Parikh Liquid Fund- Regular Plan- Weekly Reinvestment of IDCW 1001.29
0.1200
0.0100%
Parag Parikh Liquid Fund- Direct Plan- Weekly Reinvestment of IDCW 1001.3
0.1200
0.0100%
Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW 1005.88
0.1200
0.0100%
Parag Parikh Liquid Fund- Direct Plan- Monthly IDCW 1005.92
0.1200
0.0100%
Parag Parikh Liquid Fund- Regular Plan- Growth 1549.5
0.1800
0.0100%
Parag Parikh Liquid Fund- Direct Plan- Growth 1562.42
0.1900
0.0100%

Review Date: 12-08-2026

Beginning of Analysis

In the Liquid Fund category, Parag Parikh Liquid Fund is the 30th 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 0.65% which is higher than the category average of -0.4%. Here the fund has shown poor performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 4.0 which is lower than the category average of 4.27.
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 0.51%, 1.68 and 3.34 in last one, three and six months respectively. In the same period the category average return was 0.51%, -0.51% and 1.08% respectively.
  • Parag Parikh Liquid Fund has given a return of 6.37% in last one year. In the same period the Liquid Fund category average return was 3.9%.
  • The fund has given a return of 6.71% in last three years and ranked 31.0st out of thirty six funds in the category. In the same period the Liquid Fund category average return was 5.31%.
  • The fund has given a return of 6.02% in last five years and ranked 31st out of thirty five funds in the category. In the same period the Liquid Fund category average return was 5.12%.
  • The fund has given a SIP return of 6.61% in last one year whereas category average SIP return is 3.71%. The fund one year return rank in the category is 25th in 37 funds
  • The fund has SIP return of 6.59% in last three years and ranks 28th in 34 funds. Aditya Birla Sun Life Liquid Fund has given the highest SIP return (6.85%) in the category in last three years.
  • The fund has SIP return of 6.5% in last five years whereas category average SIP return is 4.2%.

Parag Parikh Liquid Fund Risk Analysis

  • The fund has a standard deviation of 0.2 and semi deviation of 0.14. The category average standard deviation is 1.75 and semi deviation is 1.65.
  • The fund has a beta of 0.06 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

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.51
    0.50
    		0.45 | 0.53 28 | 41 Average
    3M Return % 1.66
    -0.60
    		-89.83 | 1.71 23 | 41 Average
    6M Return % 3.29
    0.96
    		-89.67 | 3.36 21 | 41 Good
    1Y Return % 6.27
    3.70
    		-89.36 | 6.42 22 | 38 Average
    3Y Return % 6.60
    5.18
    		-50.39 | 6.94 28 | 36 Poor
    5Y Return % 5.91
    4.98
    		-32.98 | 6.27 30 | 35 Poor
    7Y Return % 5.29
    4.64
    		-23.98 | 5.68 28 | 34 Poor
    1Y SIP Return % 6.50
    3.49
    		-98.95 | 6.66 21 | 36 Average
    3Y SIP Return % 6.49
    3.76
    		-89.29 | 6.75 27 | 34 Average
    5Y SIP Return % 6.40
    4.06
    		-75.66 | 6.73 26 | 33 Average
    7Y SIP Return % 5.90
    3.90
    		-63.62 | 6.24 26 | 32 Poor
    Standard Deviation 0.20
    1.75
    		0.18 | 52.24 2 | 34 Very Good
    Semi Deviation 0.14
    1.65
    		0.14 | 50.79 1 | 34 Very Good
    Max Drawdown % 0.00
    -2.65
    		-89.93 | 0.00 33 | 34 Poor
    Average Drawdown % 0.00
    2.65
    		0.00 | 89.93 34 | 34 Poor
    Sharpe Ratio 4.00
    4.27
    		-1.03 | 5.25 29 | 34 Poor
    Sterling Ratio 0.66
    0.65
    		-0.50 | 0.70 28 | 34 Poor
    Sortino Ratio 4.97
    6.67
    		-0.16 | 10.85 26 | 34 Average
    Jensen Alpha % 0.65
    -0.40
    		-38.83 | 0.92 28 | 34 Poor
    Treynor Ratio 0.28
    0.26
    		0.10 | 1.83 2 | 34 Very Good
    Modigliani Square Measure % 2.84
    3.03
    		-0.73 | 3.72 29 | 34 Poor
    Alpha % -0.95
    -2.80
    		-69.11 | -0.63 28 | 34 Poor
    Return data last Updated On : Aug. 12, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.51 0.51 0.46 | 0.54 32 | 42 Average
    3M Return % 1.68 -0.51 -89.83 | 1.76 26 | 42 Average
    6M Return % 3.34 1.08 -89.66 | 3.41 25 | 42 Average
    1Y Return % 6.37 3.90 -89.35 | 6.52 25 | 39 Average
    3Y Return % 6.71 5.31 -50.34 | 7.02 31 | 36 Poor
    5Y Return % 6.02 5.12 -32.92 | 6.35 31 | 35 Poor
    7Y Return % 5.40 4.77 -23.91 | 5.99 29 | 34 Poor
    1Y SIP Return % 6.61 3.71 -98.95 | 6.75 25 | 37 Average
    3Y SIP Return % 6.59 3.90 -89.26 | 6.85 28 | 34 Poor
    5Y SIP Return % 6.50 4.20 -75.58 | 6.82 29 | 33 Poor
    7Y SIP Return % 6.01 4.04 -63.51 | 6.33 28 | 32 Poor
    Standard Deviation 0.20 1.75 0.18 | 52.24 2 | 34 Very Good
    Semi Deviation 0.14 1.65 0.14 | 50.79 1 | 34 Very Good
    Max Drawdown % 0.00 -2.65 -89.93 | 0.00 33 | 34 Poor
    Average Drawdown % 0.00 2.65 0.00 | 89.93 34 | 34 Poor
    Sharpe Ratio 4.00 4.27 -1.03 | 5.25 29 | 34 Poor
    Sterling Ratio 0.66 0.65 -0.50 | 0.70 28 | 34 Poor
    Sortino Ratio 4.97 6.67 -0.16 | 10.85 26 | 34 Average
    Jensen Alpha % 0.65 -0.40 -38.83 | 0.92 28 | 34 Poor
    Treynor Ratio 0.28 0.26 0.10 | 1.83 2 | 34 Very Good
    Modigliani Square Measure % 2.84 3.03 -0.73 | 3.72 29 | 34 Poor
    Alpha % -0.95 -2.80 -69.11 | -0.63 28 | 34 Poor
    Return data last Updated On : Aug. 12, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    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
    12-08-2026 1549.4967 1562.4192
    11-08-2026 1549.313 1562.2298
    10-08-2026 1549.0488 1561.9595
    07-08-2026 1548.2399 1561.1318
    06-08-2026 1547.9568 1560.8424
    05-08-2026 1547.6485 1560.5275
    04-08-2026 1547.3062 1560.1783
    03-08-2026 1547.0026 1559.8682
    31-07-2026 1546.1397 1558.9862
    30-07-2026 1545.7644 1558.6038
    29-07-2026 1545.5023 1558.3354
    28-07-2026 1545.2183 1558.0451
    27-07-2026 1545.0549 1557.8763
    24-07-2026 1544.335 1557.1384
    23-07-2026 1543.9497 1556.7459
    22-07-2026 1543.6149 1556.4044
    21-07-2026 1543.5305 1556.3154
    20-07-2026 1543.3113 1556.0904
    17-07-2026 1542.6117 1555.3732
    16-07-2026 1542.1686 1554.9223
    15-07-2026 1541.8477 1554.5948
    14-07-2026 1541.6841 1554.4258
    13-07-2026 1541.7032 1554.4412

    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.