A method for monitoring physiological parameters associated with a subject using a hand held device (100) is described herein. In an implementation, the method includes obtaining a plurality of sample photoplethysmographic (PPG) features associated with a sample subject, from a video of a body part (128) of the sample subject. From among the plurality of sample PPG features, at least one relevant sample PPG feature associated with the physiological parameter, is selected based on a ground truth value of the physiological parameter for the subject. Further, based on the at least one relevant sample PPG feature and the ground truth value of the physiological parameter, a mathematical model indicative of a correlation between the relevant sample PPG feature and the physiological parameter, is determined. The mathematical model can be deployed for monitoring the physiological parameter in real time.