How to Invest in Mahindra Manulife Liquid Fund Direct IDCW Daily?

You can easily invest in Mahindra Manulife Liquid Fund Direct IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mahindra Manulife Liquid Fund Direct IDCW Daily from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mahindra Manulife Liquid Fund Direct IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Liquid Fund Direct IDCW Daily provide?

The Mahindra Manulife Liquid Fund Direct IDCW Daily has been there from 04 Jul 2016 and the average annual returns provided by this fund is 7.11% since its inception.

How much expense ratio is charged by Mahindra Manulife Liquid Fund Direct IDCW Daily?

The term Expense Ratio used for Mahindra Manulife Liquid Fund Direct IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mahindra Manulife Liquid Fund Direct IDCW Daily is 0.15% as of 01 Dec 2023...

What is the AUM of Mahindra Manulife Liquid Fund Direct IDCW Daily?

The AUM, short for Assets Under Management of Mahindra Manulife Liquid Fund Direct IDCW Daily is ₹743.60Cr as of 01 Dec 2023.

How to Redeem Mahindra Manulife Liquid Fund Direct IDCW Daily?

If you want to sell your Mahindra Manulife Liquid Fund Direct IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mahindra Manulife Liquid Fund Direct IDCW Daily?

You can select either SIP or Lumpsum investment of Mahindra Manulife Liquid Fund Direct IDCW Daily based on your investment objective and risk tolerance.

What is the NAV of Mahindra Manulife Liquid Fund Direct IDCW Daily?

The NAV of Mahindra Manulife Liquid Fund Direct IDCW Daily is ₹1,079.72 as of 30 Nov 2023.

What is the PE and PB ratio of Mahindra Manulife Liquid Fund Direct IDCW Daily?

The PE ratio ratio of Mahindra Manulife Liquid Fund Direct IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mahindra Manulife Liquid Fund Direct IDCW Daily - NAV, Mutual Fund Performance & Portfolio

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Mahindra Manulife Liquid Fund Direct IDCW Daily
Debt
Liquid
Low to Moderate Risk
5.05%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 30 Nov 2023₹1,079.72
Min. SIP amountNot Supported
Rating5
Fund size₹743.60Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
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 returns7.1%5.0%5.4%5.9%
Category average6.8%4.8%5.1%NA
Rank with in category322NA
Understand terms
Holdings (24)NameSectorInstrumentAssets
Larsen & Toubro Ltd.
ConstructionCP6.7%
Reliance Industries Ltd.
EnergyCP6.7%
Bank Of Baroda
FinancialCD6.7%
Axis Bank Ltd.
FinancialCD6.7%
Reserve Bank of India
FinancialT-Bills4.0%
GOI
SovereignGOI Sec4.0%
GOI
SovereignCGL3.4%
Oil & Natural Gas Corporation Ltd.
EnergyDebenture3.4%
National Bank For Agriculture & Rural Development
FinancialCP3.3%
ICICI Securities Ltd.
FinancialCP3.3%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Debt Liquid
Pros
Cons
Consistently top ranked fund
Higher expense ratio: 0.15%
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Higher alpha: 1.98
The fund has generated returns higher than benchmark - CRISIL Liquid Debt B-I Index - in the last 3Y 
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
27 Nov 2023 - Present
0.15%
26 Nov 2023 - 27 Nov 2023
0.15%
25 Nov 2023 - 26 Nov 2023
0.15%
24 Nov 2023 - 25 Nov 2023
0.15%
23 Nov 2023 - 24 Nov 2023
0.15%
22 Nov 2023 - 23 Nov 2023
0.15%
21 Nov 2023 - 22 Nov 2023
0.15%
20 Nov 2023 - 21 Nov 2023
0.15%
19 Nov 2023 - 20 Nov 2023
0.15%
18 Nov 2023 - 19 Nov 2023
0.15%
17 Nov 2023 - 18 Nov 2023
0.15%
16 Nov 2023 - 17 Nov 2023
0.15%
15 Nov 2023 - 16 Nov 2023
0.15%
14 Nov 2023 - 15 Nov 2023
0.15%
13 Nov 2023 - 14 Nov 2023
0.15%
12 Nov 2023 - 13 Nov 2023
0.15%
11 Nov 2023 - 12 Nov 2023
0.15%
10 Nov 2023 - 11 Nov 2023
0.15%
09 Nov 2023 - 10 Nov 2023
0.15%
08 Nov 2023 - 09 Nov 2023
0.15%
07 Nov 2023 - 08 Nov 2023
0.15%
06 Nov 2023 - 07 Nov 2023
0.15%
05 Nov 2023 - 06 Nov 2023
0.15%
04 Nov 2023 - 05 Nov 2023
0.15%
03 Nov 2023 - 04 Nov 2023
0.15%
02 Nov 2023 - 03 Nov 2023
0.15%
01 Nov 2023 - 02 Nov 2023
0.15%
31 Oct 2023 - 01 Nov 2023
0.15%
30 Oct 2023 - 31 Oct 2023
0.15%
29 Oct 2023 - 30 Oct 2023
0.15%
28 Oct 2023 - 29 Oct 2023
0.15%
27 Oct 2023 - 28 Oct 2023
0.15%
26 Oct 2023 - 27 Oct 2023
0.15%
25 Oct 2023 - 26 Oct 2023
0.15%
24 Oct 2023 - 25 Oct 2023
0.15%
23 Oct 2023 - 24 Oct 2023
0.15%
22 Oct 2023 - 23 Oct 2023
0.15%
21 Oct 2023 - 22 Oct 2023
0.15%
20 Oct 2023 - 21 Oct 2023
0.15%
19 Oct 2023 - 20 Oct 2023
0.15%
18 Oct 2023 - 19 Oct 2023
0.15%
17 Oct 2023 - 18 Oct 2023
0.15%
16 Oct 2023 - 17 Oct 2023
0.15%
15 Oct 2023 - 16 Oct 2023
0.15%
14 Oct 2023 - 15 Oct 2023
0.15%
13 Oct 2023 - 14 Oct 2023
0.15%
12 Oct 2023 - 13 Oct 2023
0.15%
11 Oct 2023 - 12 Oct 2023
0.15%
10 Oct 2023 - 11 Oct 2023
0.15%
09 Oct 2023 - 10 Oct 2023
0.15%
08 Oct 2023 - 09 Oct 2023
0.15%
07 Oct 2023 - 08 Oct 2023
0.15%
06 Oct 2023 - 07 Oct 2023
0.15%
05 Oct 2023 - 06 Oct 2023
0.15%
04 Oct 2023 - 05 Oct 2023
0.15%
03 Oct 2023 - 04 Oct 2023
0.15%
02 Oct 2023 - 03 Oct 2023
0.15%
01 Oct 2023 - 02 Oct 2023
0.15%
30 Sep 2023 - 01 Oct 2023
0.15%
29 Sep 2023 - 30 Sep 2023
0.15%
28 Sep 2023 - 29 Sep 2023
0.15%
27 Sep 2023 - 28 Sep 2023
0.15%
26 Sep 2023 - 27 Sep 2023
0.15%
25 Sep 2023 - 26 Sep 2023
0.15%
24 Sep 2023 - 25 Sep 2023
0.15%
23 Sep 2023 - 24 Sep 2023
0.15%
22 Sep 2023 - 23 Sep 2023
0.15%
21 Sep 2023 - 22 Sep 2023
0.15%
20 Sep 2023 - 21 Sep 2023
0.15%
19 Sep 2023 - 20 Sep 2023
0.15%
18 Sep 2023 - 19 Sep 2023
0.15%
17 Sep 2023 - 18 Sep 2023
0.15%
16 Sep 2023 - 17 Sep 2023
0.15%
15 Sep 2023 - 16 Sep 2023
0.15%
14 Sep 2023 - 15 Sep 2023
0.15%
13 Sep 2023 - 14 Sep 2023
0.15%
12 Sep 2023 - 13 Sep 2023
0.15%
11 Sep 2023 - 12 Sep 2023
0.15%
10 Sep 2023 - 11 Sep 2023
0.15%
09 Sep 2023 - 10 Sep 2023
0.15%
08 Sep 2023 - 09 Sep 2023
0.15%
07 Sep 2023 - 08 Sep 2023
0.15%
06 Sep 2023 - 07 Sep 2023
0.15%
05 Sep 2023 - 06 Sep 2023
0.15%
04 Sep 2023 - 05 Sep 2023
0.15%
03 Sep 2023 - 04 Sep 2023
0.15%
02 Sep 2023 - 03 Sep 2023
0.15%
01 Sep 2023 - 02 Sep 2023
0.15%
31 Aug 2023 - 01 Sep 2023
0.15%
31 Jul 2023 - 31 Aug 2023
0.15%
30 Jun 2023 - 31 Jul 2023
0.15%
31 May 2023 - 30 Jun 2023
0.15%
30 Apr 2023 - 31 May 2023
0.14%
31 Mar 2023 - 30 Apr 2023
0.13%
28 Feb 2023 - 31 Mar 2023
0.15%
31 Jan 2023 - 28 Feb 2023
0.15%
31 Dec 2022 - 31 Jan 2023
0.15%
31 Dec 2022 - 31 Dec 2022
0.15%
31 Dec 2022 - 31 Dec 2022
0.15%
30 Nov 2022 - 31 Dec 2022
0.15%
30 Nov 2022 - 30 Nov 2022
0.15%
30 Nov 2022 - 30 Nov 2022
0.15%
31 Oct 2022 - 30 Nov 2022
0.15%
31 Oct 2022 - 31 Oct 2022
0.15%
31 Oct 2022 - 31 Oct 2022
0.15%
31 Oct 2022 - 31 Oct 2022
0.15%
30 Sep 2022 - 31 Oct 2022
0.14%
30 Sep 2022 - 30 Sep 2022
0.14%
30 Sep 2022 - 30 Sep 2022
0.14%
31 Aug 2022 - 30 Sep 2022
0.14%
31 Aug 2022 - 31 Aug 2022
0.14%
31 Jul 2022 - 31 Aug 2022
0.15%
31 Jul 2022 - 31 Jul 2022
0.15%
30 Jun 2022 - 31 Jul 2022
0.14%
30 Jun 2022 - 30 Jun 2022
0.14%
31 May 2022 - 30 Jun 2022
0.14%
31 May 2022 - 31 May 2022
0.14%
30 Apr 2022 - 31 May 2022
0.14%
30 Apr 2022 - 30 Apr 2022
0.14%
31 Mar 2022 - 30 Apr 2022
0.14%
31 Mar 2022 - 31 Mar 2022
0.14%
28 Feb 2022 - 31 Mar 2022
0.14%
28 Feb 2022 - 28 Feb 2022
0.14%
31 Jan 2022 - 28 Feb 2022
0.14%
31 Dec 2021 - 31 Jan 2022
0.14%
30 Nov 2021 - 31 Dec 2021
0.14%
31 Oct 2021 - 30 Nov 2021
0.14%
30 Sep 2021 - 31 Oct 2021
0.14%
31 Aug 2021 - 30 Sep 2021
0.14%
31 Jul 2021 - 31 Aug 2021
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: 0.15%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.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementRahul Pal
Jul 2016 - Present
View details
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 Direct Growth
Mahindra Manulife Equity Savings Fund Direct Growth
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Dynamic Bond Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Ultra Short Duration Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Short Duration Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Amit Garg
Jun 2020 - Present
View details
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 Direct Growth
Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Ultra Short Duration Fund Direct Growth
Mahindra Manulife Asia Pacific REITs FoF Direct Growth
Fund house & investment objective
Mahindra Mutual Fund
Rank (total assets)#28 in India
Total AUM₹4,742.00Cr
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 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 30 Nov 2023 is ₹1,079.72.
The Mahindra Manulife Liquid Fund Direct IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. 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 ObjectiveThe scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of money market and debt instruments.
;
Fund benchmarkCRISIL Liquid Debt B-I Index
Scheme Information Document(SID)
Fund house contact details
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
www.mahindramutualfund.com
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
Compare funds
Mahindra Manulife Liquid Fund Direct IDCW Daily
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	7.1%	5.0%	5.4%	5.9%
Category average	6.8%	4.8%	5.1%	NA
Rank with in category	3	2	2	NA

Name	Sector	Instrument	Assets
Larsen & Toubro Ltd.	Construction	CP	6.7%
Reliance Industries Ltd.	Energy	CP	6.7%
Bank Of Baroda	Financial	CD	6.7%
Axis Bank Ltd.	Financial	CD	6.7%
Reserve Bank of India	Financial	T-Bills	4.0%
GOI	Sovereign	GOI Sec	4.0%
GOI	Sovereign	CGL	3.4%
Oil & Natural Gas Corporation Ltd.	Energy	Debenture	3.4%
National Bank For Agriculture & Rural Development	Financial	CP	3.3%
ICICI Securities Ltd.	Financial	CP	3.3%

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

Date of Incorporation	04 Feb 2016

Fund benchmark	CRISIL Liquid Debt B-I Index

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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	5
Fund size	₹743.60Cr

Mahindra Manulife Liquid Fund Direct IDCW Daily

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (24)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.15%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Rahul PalJul 2016 - PresentView details

Amit GargJun 2020 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Rahul Pal
Jul 2016 - Present
View details

Amit Garg
Jun 2020 - Present
View details