Should I invest in Parag Parikh Liquid Fund?

We don't give personal investment advice. Parag Parikh Liquid Fund- Regular Plan- Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 5.76%.

Parag Parikh

Parag Parikh Liquid Fund- Regular Plan- Growth

Latest NAV

₹1,529.5150

As of

3 Jun 2026

2,261 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.01%	+0.01%	0.00	12 / 19	Q3
1W	+0.12%	+0.13%	-0.01	15 / 19	Q4
2W	+0.23%	+0.23%	+0.00	11 / 19	Q3
1M	+0.47%	+0.46%	+0.01	6 / 19	Q2
3M	+1.64%	+1.58%	+0.05	6 / 19	Q2
6M	+3.12%	+3.02%	+0.11	5 / 19	Q2
YTD	+2.63%	+2.55%	+0.08	5 / 19	Q2
1Y	+6.05%	+5.97%	+0.08	6 / 16	Q2
2Y	+6.45%	+6.52%	-0.07	11 / 14	Q4
3Y	+6.57%	+6.69%	-0.11	11 / 14	Q4
4Y	+6.39%	+6.54%	-0.15	10 / 13	Q4
5Y	+5.76%	+5.89%	-0.13	11 / 13	Q4
7Y	+5.26%	+5.39%	-0.12	9 / 12	Q3
10Y	—	—	—	—	—
Inception	+5.40%	+5.62%	-0.21	14 / 19	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.63%	+2.55%	+0.08	5 / 19
2025	+6.22%	+6.31%	-0.09	11 / 15
2024	+6.92%	+7.15%	-0.23	12 / 14
2023	+6.57%	+6.81%	-0.23	12 / 13
2022	+4.53%	+4.69%	-0.16	11 / 13
2021	+3.09%	+3.13%	-0.04	7 / 12
2020	+3.62%	+3.74%	-0.12	7 / 12
2019	+5.81%	+6.25%	-0.44	9 / 10
2018	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.30%

87 windows

min 3.0% · max 7.0%

100% positive

3-Year rolling

+5.05%

62 windows

min 3.7% · max 6.6%

100% positive

5-Year rolling

+5.03%

38 windows

min 4.7% · max 5.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+5.27%

14 windows

min 5.2% · max 5.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.17%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.01%

Mar 2026 → Mar 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Liquid Fund

Scheme	Fund house	NAV	As of
Quantum Liquid Fund - Regular Plan Growth Option	Quantum	₹36.8042	3 Jun 2026
Motilal Oswal Liquid Fund - Regular Growth	Motilal Oswal	₹14.5235	3 Jun 2026
Edelweiss Liquid Fund - Regular Plan - Growth Option	Edelweiss	₹3,529.5132	3 Jun 2026
HSBC Liquid Fund - Regular Growth	HSBC	₹2,750.0725	3 Jun 2026
Axis Liquid Fund - Regular Plan - Growth Option	Axis	₹3,073.4001	3 Jun 2026
360 ONE LIQUID FUND REGULAR PLAN GROWTH	360 ONE	₹2,120.4571	3 Jun 2026
Abakkus Liquid Fund - Regular Plan - Growth		₹102.6116	3 Jun 2026
Bajaj Finserv Liquid Fund - Regular Plan - Growth	Bajaj Finserv	₹1,210.8028	3 Jun 2026
Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) - Regular Plan - Growth Option	Groww	₹2,668.4084	3 Jun 2026
ITI Liquid Fund - Regular Plan - Growth Option	ITI	₹1,434.8055	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,529.5150
2 Jun 2026	₹1,529.2977
1 Jun 2026	₹1,529.0965
31 May 2026	₹1,528.8011
30 May 2026	₹1,528.5423
29 May 2026	₹1,528.2843
28 May 2026	₹1,527.9018
26 May 2026	₹1,527.4229
25 May 2026	₹1,527.1894
24 May 2026	₹1,526.9632

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Parag Parikh Liquid Fund- Regular Plan- Growth is ₹1,529.5150. It's a Liquid Fund from Parag Parikh, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Parag Parikh Liquid Fund- Regular Plan- Growth has NAV history starting from 14 May 2018, a track record of about 8 years. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Parag Parikh Liquid Fund- Regular Plan- Growth is managed by Parag Parikh. It's classified by AMFI under the 'Liquid Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Parag Parikh Liquid Fund- Regular Plan- Growth has delivered a absolute return of 6.05% — +0.08 pp ahead of the Liquid Fund category average of 5.97%. The fund ranks #6 of 16 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Parag Parikh Liquid Fund- Regular Plan- Growth has delivered a CAGR of 6.57% — -0.11 pp behind the Liquid Fund category average of 6.69%. The fund ranks #11 of 14 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Parag Parikh Liquid Fund- Regular Plan- Growth has delivered a CAGR of 5.76% — -0.13 pp behind the Liquid Fund category average of 5.89%. The fund ranks #11 of 13 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Parag Parikh Liquid Fund- Regular Plan- Growth exactly 5 years ago would be worth approximately ₹132,331 today — a multiplier of 1.32×, based on the 5-year CAGR of 5.76%. The category average over the same window would have grown ₹1 lakh to ₹133,137.

A ₹10,000 monthly SIP in Parag Parikh Liquid Fund- Regular Plan- Growth over the last 5 years — total invested ₹600,000 — would be worth ₹703,648 today. That's an XIRR (money-weighted annualised return) of 6.31%.

Parag Parikh Liquid Fund- Regular Plan- Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,032,749 — XIRR 5.81%.

On a 5-year basis, Parag Parikh Liquid Fund- Regular Plan- Growth ranks #11 out of 13 funds in the Liquid Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 5.89%; this fund delivered 5.76%.

The worst peak-to-trough decline Parag Parikh Liquid Fund- Regular Plan- Growth has experienced over the last 5-year window is 0.04% — its NAV fell from a high on 03 May 2022 to a low on 05 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Parag Parikh Liquid Fund- Regular Plan- Growth averaged 5.03% (best 5.76%, worst 4.69%). 100% of rolling windows ended positive.

In calendar year 2025, Parag Parikh Liquid Fund- Regular Plan- Growth returned 6.22% — lagging the Liquid Fund category average of 6.31% by 0.09 pp. It ranked #11 of 15 in its category that year.

Parag Parikh Liquid Fund- Regular Plan- Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Parag Parikh Liquid Fund- Regular Plan- Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 5.76%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Parag Parikh Liquid Fund- Regular Plan- Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Liquid Fund

Recent NAVs

Frequently asked questions

More from Parag Parikh