Name: Mahindra Manulife Liquid Fund Direct IDCW Daily
Brand: Mahindra Mutual Fund

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Mahindra Manulife Liquid Fund Direct IDCW Daily
Debt
Liquid
Low to Moderate Risk
3.39%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 19 Sep 2021₹1,000.84
Min. SIP amountNA
Rating4star
Fund size₹1,759.94 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.4%5.3%6.0%6.1%
Category average3.1%5.1%5.8%NA
Rank with in category442NA
Understand termsinfo
Holdings (22)NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills8.5%
Hindustan Petroleum Corporation Ltd.
EnergyCP5.7%
HDFC Bank Ltd.
FinancialCD5.6%
Housing Development Finance Corpn. Ltd.
FinancialCP2.8%
The Ramco Cements Ltd.
ConstructionCP2.8%
Godrej Agrovet Ltd.
FMCGCP2.8%
Motilal Oswal Financial Services Ltd
FinancialCP2.8%
Reserve Bank of India
FinancialT-Bills2.8%
Axis Securities Ltd.
OthersCP2.8%
IIFL Wealth Prime Ltd.
FinancialCP2.8%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Jul 2021 - Present
0.14%
30 Jun 2021 - 31 Jul 2021
0.14%
31 May 2021 - 30 Jun 2021
0.14%
30 Apr 2021 - 31 May 2021
0.14%
31 Mar 2021 - 30 Apr 2021
0.14%
28 Feb 2021 - 31 Mar 2021
0.14%
31 Jan 2021 - 28 Feb 2021
0.15%
31 Dec 2020 - 31 Jan 2021
0.15%
30 Nov 2020 - 31 Dec 2020
0.15%
31 Oct 2020 - 30 Nov 2020
0.15%
30 Sep 2020 - 31 Oct 2020
0.15%
31 Aug 2020 - 30 Sep 2020
0.14%
31 Jul 2020 - 31 Aug 2020
0.15%
30 Jun 2020 - 31 Jul 2020
0.15%
31 May 2020 - 30 Jun 2020
0.14%
30 Apr 2020 - 31 May 2020
0.14%
31 Mar 2020 - 30 Apr 2020
0.14%
29 Feb 2020 - 31 Mar 2020
0.15%
31 Jan 2020 - 29 Feb 2020
0.12%
31 Dec 2019 - 31 Jan 2020
0.12%
30 Nov 2019 - 31 Dec 2019
0.12%
31 Oct 2019 - 30 Nov 2019
0.12%
30 Sep 2019 - 31 Oct 2019
0.12%
31 Aug 2019 - 30 Sep 2019
0.12%
31 Jul 2019 - 31 Aug 2019
0.12%
30 Jun 2019 - 31 Jul 2019
0.12%
31 May 2019 - 30 Jun 2019
0.12%
30 Apr 2019 - 31 May 2019
0.12%
31 Mar 2019 - 30 Apr 2019
0.12%
28 Feb 2019 - 31 Mar 2019
0.12%
31 Jan 2019 - 28 Feb 2019
0.12%
31 Dec 2018 - 31 Jan 2019
0.12%
30 Nov 2018 - 31 Dec 2018
0.12%
31 Oct 2018 - 30 Nov 2018
0.12%
30 Sep 2018 - 31 Oct 2018
0.09%
31 Aug 2018 - 30 Sep 2018
0.09%
31 Jul 2018 - 31 Aug 2018
0.09%
30 Jun 2018 - 31 Jul 2018
0.09%
31 May 2018 - 30 Jun 2018
0.08%
30 Apr 2018 - 31 May 2018
0.08%
31 Mar 2018 - 30 Apr 2018
0.08%
28 Feb 2018 - 31 Mar 2018
0.08%
31 Jan 2018 - 28 Feb 2018
0.08%
31 Dec 2017 - 31 Jan 2018
0.09%
30 Nov 2017 - 31 Dec 2017
0.11%
31 Oct 2017 - 30 Nov 2017
0.08%
Expense ratio, exit load and taxExpense ratio: 0.14%Inclusive of GST
Exit loadExit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNA
Fund managementRahul Pal
Jul 2016 - Present
View details
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Education
Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Also manages these schemes
Mahindra Manulife Liquid Fund Regular IDCW Daily
Mahindra Manulife Liquid Fund Direct IDCW Daily
Mahindra Manulife Liquid Fund Direct IDCW Weekly
Mahindra Manulife Liquid Fund Regular Growth
Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Liquid Fund Regular IDCW Weekly
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Growth
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Low Duration Fund Regular IDCW Daily
Mahindra Manulife Low Duration Fund Regular IDCW Weekly
Mahindra Manulife Low Duration Fund Regular IDCW Monthly
Mahindra Manulife Low Duration Fund Direct IDCW Daily
Mahindra Manulife Low Duration Fund Direct IDCW Weekly
Mahindra Manulife Low Duration Fund Direct IDCW Monthly
Mahindra Manulife Low Duration Fund Regular Growth
Mahindra Manulife Dynamic Bond Yojana Regular Growth
Mahindra Manulife Dynamic Bond Yojana Regular IDCW Quarterly
Mahindra Manulife Dynamic Bond Yojana Direct Growth
Mahindra Manulife Dynamic Bond Yojana Direct IDCW
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct IDCW
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular IDCW
Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Ultra Short Term Fund Direct Growth
Mahindra Manulife Ultra Short Term Fund Regular Growth
Mahindra Manulife Arbitrage Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Direct Growth
Mahindra Manulife Arbitrage Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Direct IDCW
Mahindra Manulife Short Term Fund Regular Growth
Mahindra Manulife Short Term Fund Direct Growth
Mahindra Manulife Short Term Fund Direct IDCW
Amit Garg
Jun 2020 - Present
View details
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Education
Mr Garg is a B.Com, MMS Finance, CFA
Experience
Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.
Also manages these schemes
Mahindra Manulife Liquid Fund Regular IDCW Daily
Mahindra Manulife Liquid Fund Direct IDCW Daily
Mahindra Manulife Liquid Fund Direct IDCW Weekly
Mahindra Manulife Liquid Fund Regular Growth
Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Liquid Fund Regular IDCW Weekly
Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Ultra Short Term Fund Direct Growth
Mahindra Manulife Ultra Short Term Fund Regular Growth
Fund house & investment objective
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Mahindra Mutual Fund
Rank (total assets)#28 in India
Total AUM4,742.00 Cr
Date of Incorporation04 Feb 2016
Mahindra Manulife Liquid Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to inve
Mahindra Manulife Liquid Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Rahul Pal is the Current Fund Manager of Mahindra Manulife Liquid Fund Direct IDCW Daily fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 19 Sep 2021 is ₹1,000.84.
The Mahindra Manulife Liquid Fund Direct IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days....Read more
Investment Objective
The scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of money market and debt instru
The scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of money market and debt instruments.
...Read more
Fund benchmarkCRISIL Liquid Fund Index
descriptionScheme Information Document(SID)
Fund house contact details
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Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
E-mail
[email protected]
Website
NA
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	3.4%	5.3%	6.0%	6.1%
Category average	3.1%	5.1%	5.8%	NA
Rank with in category	4	4	2	NA

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	8.5%
Hindustan Petroleum Corporation Ltd.	Energy	CP	5.7%
HDFC Bank Ltd.	Financial	CD	5.6%
Housing Development Finance Corpn. Ltd.	Financial	CP	2.8%
The Ramco Cements Ltd.	Construction	CP	2.8%
Godrej Agrovet Ltd.	FMCG	CP	2.8%
Motilal Oswal Financial Services Ltd	Financial	CP	2.8%
Reserve Bank of India	Financial	T-Bills	2.8%
Axis Securities Ltd.	Others	CP	2.8%
IIFL Wealth Prime Ltd.	Financial	CP	2.8%

Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	4
Fund size	₹1,759.94 Cr

Rank (total assets)	#28 in India
Total AUM	4,742.00 Cr