|Min SIP Amount||Not Supported|
|NAV||₹1314.22 (20 Sep 2020)|
|Fund Started||04 Jul 2016|
|Fund Size||₹2,138 Cr|
|Reserve Bank of India||Financial||T-Bills||9.3%|
|Reserve Bank of India||Financial||T-Bills||7.5%|
|Axis Bank Ltd.||Financial||CD||4.7%|
|National Housing Bank||Financial||CP||4.7%|
|Reserve Bank of India||Financial||T-Bills||4.7%|
|Reserve Bank of India||Financial||T-Bills||4.6%|
|ICICI Securities Ltd.||Financial||CP||3.5%|
|Godrej Properties Ltd.||Construction||CP||2.8%|
|Tata Cleantech Capital Ltd||Financial||CP||2.6%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||CP||2.3%|
Mahindra Manulife Liquid Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,138 Cr and the Latest NAV as of 20 Sep 2020 is ₹1314.22.
The Mahindra Manulife Liquid Fund Direct Growth is rated Low 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.
The scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of money market and debt instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.