Fund Details
Mahindra Manulife Liquid Fund Direct IDCW Daily
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.14% |
| NAV | ₹1000.84 (24 Jun 2021) |
|---|---|
| Fund Started | 04 Jul 2016 |
| Fund Size | ₹1,617 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Hindustan Petroleum Corpn. Ltd. | Energy | CP | 6.2% |
| Reserve Bank of India | Financial | T-Bills | 6.1% |
| National Thermal Power Corp. Ltd. | Energy | CP | 6.1% |
| Motilal Oswal Financial Services Ltd | Financial | CP | 4.0% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.1% |
| L&T Finance Ltd. | Financial | CP | 3.1% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.1% |
| IIFL Wealth Prime Ltd. | Financial | CP | 3.1% |
| Reliance Industries Ltd. | Energy | CP | 3.1% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 3.1% |
Fund Managers
Mahindra Manulife Liquid Fund Direct IDCW Daily Details
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 Jul 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 ₹1,617 Cr and the Latest NAV as of 24 Jun 2021 is ₹1000.84.
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.
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 instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
