1M
6M
1Y
3Y
5Y
All
| NAV: 12 Jan 2025 | ₹1,662.42 |
| Min. SIP amount | Not Supported |
| Rating | 5 |
| Fund size | ₹1,016.37Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Liquid
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.4% | 6.6% | 5.5% | 6.1% |
| Category average | 7.1% | 6.3% | 5.2% | NA |
| Rank with in category | 7 | 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 | 7.5% | 6.6% | 43,796.91 |
Mahindra Manulife Liquid Fund Direct Growth | 5 | 7.4% | 6.6% | 1,016.37 |
Union Liquid Fund Direct Growth | 5 | 7.4% | 6.5% | 3,516.37 |
Edelweiss Liquid Direct Growth | 5 | 7.5% | 6.5% | 5,046.32 |
Nippon India Liquid Fund Direct Growth | 4 | 7.4% | 6.5% | 26,468.93 |
Holdings (32)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 10.64% |
HDFC Bank Ltd. | Financial | CD | 8.51% |
Punjab National Bank | Financial | CD | 6.37% |
PNB Housing Finance Ltd. | Financial | CP | 4.30% |
Tata Housing Devp. Co. Ltd | Construction | CP | 4.30% |
Small Industries Devp. Bank of India Ltd. | Financial | CD | 4.27% |
Bank Of Baroda | Financial | CD | 4.26% |
Indian Railway Finance Corporation Ltd. | Financial | CP | 4.25% |
National Bank For Agriculture & Rural Development | Financial | Money Mkt | 4.25% |
GOI | Sovereign | GOI Sec | 2.16% |
Aditya Birla Housing Finance Ltd. | Financial | CP | 2.15% |
Shriram Finance Ltd | Financial | CP | 2.15% |
360 One Wam Ltd. | Financial | CP | 2.15% |
Reserve Bank of India | Financial | T-Bills | 2.15% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 2.14% |
Reserve Bank of India | Financial | T-Bills | 2.14% |
Punjab National Bank | Financial | CD | 2.14% |
Godrej Properties Ltd. | Construction | CP | 2.14% |
HDFC Securities Ltd. | Financial | CD | 2.14% |
Reliance Retail Ventures Ltd. | Services | CP | 2.14% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 2.13% |
ICICI Securities Ltd. | Financial | CP | 2.13% |
Tata Realty and Infrastructure Ltd. | Construction | CP | 2.13% |
Reserve Bank of India | Financial | T-Bills | 2.13% |
Fedbank Financial Services Ltd. | Financial | CP | 2.13% |
Bank Of Baroda | Financial | CD | 2.13% |
JM Financial Services Pvt. Ltd. | Financial | CP | 2.12% |
Nuvama Wealth Management Ltd. | Financial | CP | 1.71% |
JM Financial Services Pvt. Ltd. | Financial | CP | 1.70% |
Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.43% |
Reserve Bank of India | Financial | T-Bills | 0.26% |
Reserve Bank of India | Financial | T-Bills | 0.17% |
See All
Pros 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: 2.02
The fund has generated returns higher than benchmark - CRISIL Liquid Debt A-I Index - in the last 3Y
Cons
Higher expense ratio: 0.15%
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
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | Not Supported |
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
[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
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