NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹1380.80
0.04%
NAV as on 05 Oct 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 05 Oct 24, 12:00 AM
low to moderate risk
liquid
liquid
6.96%p.a.
Last 1Y
5.73%p.a.
Last 3Y
4.87%p.a.
Last 5Y
5.16%p.a.
Since Inception
About Parag Parikh Liquid Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Parag Parikh Liquid Fund Growth scheme from PPFAS Asset Management Pvt. Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on May 2018, Parag Parikh Liquid Fund Growth is Liquid fund of its category with 2,372.18 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- Parag Parikh Liquid Fund Growth delivered 7.0% annual returns during the last year. It has delivered 5.2% average annual returns since the fund was launched.
- Parag Parikh Liquid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
To deliver reasonable market related returns with lower risk and high liquidity through judicious investments in money market and debt instruments.
Top 10 Holdings
182 DTB 24102024
5.23%
NTPC Ltd.
4.21%
364 DTB 03102024
4.20%
Kotak Mahindra Bank Limited
4.18%
91 DTB 07112024
4.18%
Indian Oil Corporation Limited
4.17%
HDFC Bank Limited
4.17%
National Bank For Agriculture And Rural Development
4.17%
Indian Bank
4.17%
Axis Bank Limited
4.15%
Fund Managers
- Raj Mehta (May 2018 - Present)
- Mansi Kariya (Dec 2023 - Present)
Key Information
View Scheme Document
Parag Parikh Liquid Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Parag Parikh Liquid Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Parag Parikh Liquid Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Parag Parikh Liquid Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
SBI Liquid Fund Plan Growth
low to moderate risk | liquid
6.0%
SBI Liquid Fund Institutional Growth
low to moderate risk | liquid
6.0%
HDFC Liquid Fund Growth
low to moderate risk | liquid
6.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved