Should I invest in Parag Parikh Liquid Fund- Monthly IDCW?

We don't give personal investment advice. Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW 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: 0.7%. 5-year CAGR: 0.02%.

Parag Parikh

Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW

Latest NAV

₹1,004.5274

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

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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%	0.00%	+0.02	35 / 83	Q2
1W	+0.12%	+0.04%	+0.08	33 / 83	Q2
2W	-0.18%	+0.05%	-0.23	77 / 83	Q4
1M	+0.06%	+0.12%	-0.05	34 / 83	Q2
3M	+0.02%	+0.36%	-0.34	42 / 82	Q3
6M	+0.02%	+0.71%	-0.69	48 / 83	Q3
YTD	+0.07%	+0.66%	-0.59	31 / 82	Q2
1Y	+0.02%	-0.04%	+0.06	35 / 75	Q2
2Y	+0.01%	+1.43%	-1.42	45 / 74	Q3
3Y	+0.01%	+1.64%	-1.63	42 / 72	Q3
4Y	+0.02%	+1.55%	-1.53	31 / 64	Q2
5Y	+0.02%	+1.40%	-1.38	27 / 63	Q2
7Y	+0.00%	+1.05%	-1.04	34 / 57	Q3
10Y	—	—	—	—	—
Inception	+0.04%	+0.33%	-0.29	45 / 82	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	+0.07%	+0.59%	-0.52	27 / 78
2025	-0.01%	+1.30%	-1.31	48 / 71
2024	-0.08%	+1.65%	-1.73	61 / 73
2023	-0.01%	+1.96%	-1.97	59 / 67
2022	+0.05%	+1.26%	-1.21	42 / 67
2021	0.00%	+0.65%	-0.65	50 / 60
2020	+0.00%	+0.24%	-0.24	22 / 60
2019	-0.01%	+1.54%	-1.55	25 / 46
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

+0.03%

87 windows

min -0.3% · max 0.4%

61% positive

3-Year rolling

+0.02%

62 windows

min -0.2% · max 0.1%

74% positive

5-Year rolling

+0.01%

38 windows

min 0.0% · max 0.1%

76% positive

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

7-Year rolling

+0.00%

14 windows

min 0.0% · max 0.1%

36% 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

0.22%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.68%

Apr 2025 → Apr 2025

% positive months

58.3%

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
BANDHAN LIQUID Fund - Regular Plan - Periodic IDCW	Bandhan	₹1,437.9435	3 Jun 2026
Quantum Liquid Fund - Regular Plan Daily IDCW	Quantum	₹10.0002	3 Jun 2026
Aditya Birla Sun Life Liquid Fund -Regular - IDCW	Aditya Birla Sun Life	₹109.6442	3 Jun 2026
Motilal Oswal Liquid Fund Regular - IDCW Daily Reinvestment	Motilal Oswal	₹10.0055	3 Jun 2026
Templeton India Treasury Management Account-Regular Plan - Daily Dividend	Franklin Templeton	₹1,509.0075	3 Jun 2026
Kotak Liquid Fund - Regular Plan - Weekly - Reinvestment & Payout of Income Distribution cum capital withdrawal option	Kotak	₹1,035.5804	3 Jun 2026
Parag Parikh Liquid Fund- Regular Plan- Daily Reinvestment of IDCW	Parag Parikh	₹1,000.5404	3 Jun 2026
Edelweiss Liquid Fund - Regular Plan - Bonus Option	Edelweiss	₹2,056.0660	3 Jun 2026
HSBC Liquid Fund - Regular Daily IDCW	HSBC	₹1,001.3789	3 Jun 2026
Baroda BNP Paribas LIQUID FUND - Regular Plan - WEEKLY IDCW OPTION	Baroda BNP Paribas	₹1,000.2398	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,004.5274
2 Jun 2026	₹1,004.3848
1 Jun 2026	₹1,004.2527
31 May 2026	₹1,004.0587
30 May 2026	₹1,003.8888
29 May 2026	₹1,003.7194
28 May 2026	₹1,003.4681
26 May 2026	₹1,003.1536
25 May 2026	₹1,003.0000
24 May 2026	₹1,006.9620

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- Monthly IDCW is ₹1,004.5274. It's a Liquid Fund from Parag Parikh, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW 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- Monthly IDCW 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- Monthly IDCW has delivered a absolute return of 0.02% — +0.06 pp ahead of the Liquid Fund category average of -0.04%. The fund ranks #35 of 75 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW has delivered a CAGR of 0.01% — -1.63 pp behind the Liquid Fund category average of 1.64%. The fund ranks #42 of 72 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW has delivered a CAGR of 0.02% — -1.38 pp behind the Liquid Fund category average of 1.40%. The fund ranks #27 of 63 in its category — the second (Q2) quartile.

₹1 lakh invested in Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW exactly 5 years ago would be worth approximately ₹100,113 today — a multiplier of 1.00×, based on the 5-year CAGR of 0.02%. The category average over the same window would have grown ₹1 lakh to ₹107,211.

A ₹10,000 monthly SIP in Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹600,362 today. That's an XIRR (money-weighted annualised return) of 0.02%.

Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹840,556 — XIRR 0.02%.

On a 5-year basis, Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW ranks #27 out of 63 funds in the Liquid Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 1.40%; this fund delivered 0.02%.

The worst peak-to-trough decline Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW has experienced over the last 5-year window is 0.68% — its NAV fell from a high on 01 Apr 2025 to a low on 02 Apr 2025. 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- Monthly IDCW averaged 0.01% (best 0.11%, worst -0.01%). 76% of rolling windows ended positive.

In calendar year 2025, Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW returned -0.01% — lagging the Liquid Fund category average of 1.30% by 1.31 pp. It ranked #48 of 71 in its category that year.

Parag Parikh Liquid Fund- Regular Plan- Monthly IDCW 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- Monthly IDCW 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: 0.7%. 5-year CAGR: 0.02%.

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