Fund Details
Mahindra Manulife Liquid Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.15% |
| NAV | ₹1333.95 (07 Mar 2021) |
|---|---|
| Fund Started | 04 Jul 2016 |
| Fund Size | ₹1,700 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | CD | 5.9% |
| Reserve Bank of India | Financial | T-Bills | 5.9% |
| Reserve Bank of India | Financial | T-Bills | 5.8% |
| Reserve Bank of India | Financial | T-Bills | 4.1% |
| The Ramco Cements Ltd. | Construction | CP | 2.9% |
| National Bank For Agriculture & Rural Development | Financial | CD | 2.9% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 2.9% |
| LIC Housing Finance Ltd. | Financial | CP | 2.9% |
| Larsen & Toubro Ltd. | Construction | CP | 2.9% |
| Reliance Industries Ltd. | Energy | CP | 2.9% |
Fund Managers
Mahindra Manulife Liquid Fund Direct Growth Details
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 ₹1,700 Cr and the Latest NAV as of 07 Mar 2021 is ₹1333.95.
The Mahindra Manulife Liquid Fund Direct Growth is rated Low to 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.
