Fund Details
Mahindra Manulife Liquid Fund Direct Dividend Daily
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.15% |
| NAV | ₹1000.84 (21 Jan 2021) |
|---|---|
| Fund Started | 04 Jul 2016 |
| Fund Size | ₹1,665 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. Age is more than 3 years
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | CD | 6.0% |
| Reserve Bank of India | Financial | T-Bills | 6.0% |
| Reserve Bank of India | Financial | T-Bills | 6.0% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.5% |
| Reserve Bank of India | Financial | T-Bills | 4.2% |
| ICICI Bank Ltd. | Financial | CD | 3.0% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.0% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.0% |
| The Ramco Cements Ltd. | Construction | CP | 3.0% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.0% |
Fund Managers
Mahindra Manulife Liquid Fund Direct Dividend Daily Details
Mahindra Manulife Liquid Fund Direct Dividend 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 Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹1,665 Cr and the Latest NAV as of 21 Jan 2021 is ₹1000.84.
The Mahindra Manulife Liquid Fund Direct Dividend Daily is rated 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.
