Parag Parikh Liquid Fund on WebNotes

Aishwarya Dhar

Sat, 16 May 2026 00:00:00 +0000

Aishwarya Dhar is a Fund Manager (Debt) at PPFAS Asset Management Private Limited, the asset management company of PPFAS Mutual Fund . She is a named co-fund manager of the Parag Parikh Liquid Fund (the AMC’s liquid mutual fund ) and the Parag Parikh Large Cap Fund (PPLCF, launched 4 February 2026).

Dhar has over eight years of professional experience in the Indian financial-services industry, with a career sequence that has spanned life-insurance and health-insurance investment functions before her March 2021 move to PPFAS:

Mansi Kariya

Sat, 16 May 2026 00:00:00 +0000

Mansi Kariya is a Co-Fund Manager (Debt) at PPFAS Asset Management Private Limited, the asset management company of PPFAS Mutual Fund . She is a named co-fund manager of the Parag Parikh Liquid Fund (the AMC’s liquid mutual fund ) and the Parag Parikh Dynamic Asset Allocation Fund (PPDAAF), and is part of the debt-team that supports the fixed-income allocation across the AMC’s broader scheme menu.

Kariya joined PPFAS in 2018 as a Debt Dealer, predating the 9 May 2018 launch of the Parag Parikh Liquid Fund and the 4 July 2019 launch of the Parag Parikh ELSS Tax Saver Fund. Her career progression at PPFAS has taken her from Debt Dealer through Credit Research Analyst to Co-Fund Manager (Debt), reflecting the AMC’s structural preference for internal training and progression rather than external lateral hires for senior fund-management designations.

Parag Parikh Liquid Fund

Sat, 16 May 2026 00:00:00 +0000

The Parag Parikh Liquid Fund is an open-ended liquid scheme of PPFAS Mutual Fund , launched on 9 May 2018 by PPFAS Asset Management Private Limited as the second scheme in the AMC’s product line after the flagship Parag Parikh Flexi Cap Fund . It is a liquid mutual fund under the SEBI Mutual Funds Regulations 1996 , benchmarked to the CRISIL Liquid Debt B-I Index, and managed jointly by Tejas Soman, Aishwarya Dhar and Mansi Kariya, with all three operating from the PPFAS debt desk at the AMC’s Nariman Point headquarters.

Parag Parikh Liquid Fund Tax Treatment

Sat, 16 May 2026 00:00:00 +0000

The Parag Parikh Liquid Fund is the PPFAS Mutual Fund liquid scheme, launched on 9 May 2018 and benchmarked to the CRISIL Liquid Debt B-I Index. As a debt-oriented mutual fund under the SEBI Mutual Funds Regulations 1996 liquid-fund category, the scheme is taxed under the debt-oriented mutual fund framework, which was materially restructured by the Finance Act 2023 through the insertion of Section 50AA into the Income-tax Act, 1961 , effective 1 April 2023.

PPFAS Scheme Launch Timeline 2013 to 2026

Sat, 16 May 2026 00:00:00 +0000

The PPFAS scheme launch timeline from 2013 to 2026 denotes the chronological sequence in which the open-ended mutual fund schemes of PPFAS Mutual Fund were launched, renamed and re-categorised between 24 May 2013 and 4 February 2026. It is a reference chronology that sets out the launch date and original product name of each of the seven schemes presently managed by PPFAS Asset Management Private Limited , the regulatory context under which two of those schemes were renamed under the SEBI scheme rationalisation circular 2017 , and the comparative category positioning at the time of each launch.

Tejas Soman

Sat, 16 May 2026 00:00:00 +0000

Tejas Soman is a Fund Manager (Debt) at PPFAS Asset Management Private Limited, the asset management company of PPFAS Mutual Fund . He is a named co-fund manager of the Parag Parikh Liquid Fund (the AMC’s liquid mutual fund ) and the Parag Parikh Large Cap Fund (PPLCF, launched 4 February 2026).

Soman is a senior lateral hire into the PPFAS debt team, with over a decade of fixed-income experience accumulated across the leading domestic-debt and primary-dealership desks of the Indian financial-services industry, including: