1M
6M
1Y
3Y
5Y
All
| NAV: 26 Mar 2025 | ₹1,686.42 |
| Min. SIP amount | Not Supported |
| Rating | 5 |
| Fund size | ₹1,323.65Cr |
Return calculator
One-Time
₹20,000 one-time
Over the past
1 year
3 years
5 years
Total investment of ₹20,000
Would have become ₹21,482 (+7.41%)
Holdings (39)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 9.47% |
Punjab National Bank | Financial | CD | 5.64% |
Reliance Retail Ventures Ltd. | Services | CP | 3.77% |
Godrej Properties Ltd. | Construction | CP | 3.76% |
Bank Of Baroda | Financial | CD | 3.74% |
Godrej Industries Ltd. | Consumer Staples | CP | 3.74% |
ICICI Bank Ltd. | Financial | CD | 3.74% |
Axis Bank Ltd. | Financial | CD | 3.73% |
360 One Wam Ltd. | Financial | CP | 3.73% |
National Bank For Agriculture & Rural Development | Financial | CP | 3.73% |
Bank Of Baroda | Financial | CD | 3.72% |
Tata Housing Devp. Co. Ltd | Construction | CP | 3.71% |
Reserve Bank of India | Financial | T-Bills | 3.00% |
GOI | Sovereign | GOI Sec | 2.25% |
REC Ltd. | Financial | Debenture | 1.89% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.89% |
Export-Import Bank Of India | Financial | CP | 1.89% |
Kotak Securities Ltd. | Services | CP | 1.89% |
ICICI Securities Ltd. | Financial | CP | 1.89% |
Aditya Birla Housing Finance Ltd. | Financial | CP | 1.88% |
Tata Realty and Infrastructure Ltd. | Construction | CP | 1.88% |
JM Financial Services Pvt. Ltd. | Financial | CP | 1.88% |
Reserve Bank of India | Financial | T-Bills | 1.88% |
Indian Railway Finance Corporation Ltd. | Financial | CP | 1.88% |
Infina Finance Pvt. Ltd. | Financial | CP | 1.86% |
PNB Housing Finance Ltd. | Financial | CP | 1.86% |
ICICI Securities Ltd. | Financial | CP | 1.86% |
National Bank For Agriculture & Rural Development | Financial | CP | 1.86% |
Reserve Bank of India | Financial | T-Bills | 1.86% |
Canara Bank | Financial | CD | 1.86% |
Reliance Retail Ventures Ltd. | Services | CP | 1.86% |
IGH Holdings Pvt. Ltd. | Communication | CP | 1.85% |
Nuvama Wealth Management Ltd. | Financial | CP | 1.85% |
JM Financial Services Pvt. Ltd. | Financial | CP | 1.51% |
JM Financial Services Pvt. Ltd. | Financial | CP | 1.49% |
HDFC Bank Ltd. | Financial | CD | 0.75% |
Reserve Bank of India | Financial | T-Bills | 0.23% |
Reserve Bank of India | Financial | T-Bills | 0.15% |
Reserve Bank of India | Financial | T-Bills | 0.08% |
See All
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | Not Supported |
Returns and rankings
Category: Debt Liquid
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.4% | 6.8% | 5.6% | 6.2% |
| Category average | 7.1% | 6.6% | 5.3% | NA |
| Rank with in category | 8 | 1 | 2 | NA |
Understand terms
Peer Comparison
| Debt, Liquid funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Aditya Birla Sun Life Liquid Fund Direct Growth | 5 | 7.4% | 6.8% | 57,091.44 |
Mahindra Manulife Liquid Fund Direct Growth | 5 | 7.4% | 6.8% | 1,323.65 |
Union Liquid Fund Direct Growth | 5 | 7.4% | 6.8% | 5,169.85 |
Edelweiss Liquid Direct Growth | 5 | 7.5% | 6.8% | 7,269.86 |
Bajaj Finserv Liquid Fund Direct Growth | 5 | 7.4% | NA | 4,635.44 |
Expense ratio, exit load and tax
Expense ratio: 0.15%
Inclusive of GST
Exit load
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.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Fund management
Rahul PalJul 2016 - PresentView details
Rahul 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
Amit GargJun 2020 - PresentView details
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
Fund house & investment objective
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
mfinvestors@mahindra.comWebsite
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
enq_h@camsonline.comWebsite
www.camsonline.comPros and cons
Category: Debt Liquid
Pros
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: 1.82
The fund has generated returns higher than benchmark - CRISIL Liquid Debt A-I Index - in the last 3Y
Cons
Higher expense ratio: 0.15%
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Mahindra Manulife Liquid Fund Direct Growth
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