Abstract Liza parsia fry were trained on dry feed, were kept in pond cages and fed with 4, 6, 8 and 10% of their actual body weight. The effect of the daily ration on the growth, survival, condition factor, feed conversion and body composition were observed until fry nursed in cages reached one gram. The appropriate daily ration of 6% of body weight seemed to be advisable for the practices as it achieved the highest average length of 4.46cm, average weight of 1.03g and SGRof 7.03%day-1. There was no significant difference between the conditional factors or survivals of the groups. The best feed conversion (FCR) and protein efficiency ratio (PER) was achieved at the 6% daily ration group and the worst at 10% group in every week of the experiment.