Parag Parikh Liquid FundFund TypeOpen-ended Liquid SchemeDate of Allotment11 May 2018Entry LoadNot ApplicableExit LoadNilBenchmark IndexCRISIL Liquid Fund IndexFund ManagerMr. Raj MehtaRisk FactorLow RiskInvestment Objective of Parag Parikh Liquid FundThe main objective of the Parag Parikh Liquid Fund is to deliver reasonable returns related to market with a risk which is lower and liquidity which is higher. This is ensured through prudent investments in money market and debt instruments. However, the delivery of returns is not guaranteed and the realisation of the investment objectives is not assured.Who is Parag Parikh Liquid Fund for?The Parag Parikh Liquid Fund is a product which is suitable for investors who are seeking a low risk solution for savings for a short period of time. Usually, the time period is less than a year.