Fund Details
Mahindra Manulife Liquid Fund Direct Growth
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.15% |
| NAV | ₹1322.98 (30 Nov 2020) |
|---|---|
| Fund Started | 04 Jul 2016 |
| Fund Size | ₹2,010 Cr |
Returns
as per Historical 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 |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.9% |
| National Bank For Agriculture & Rural Development | Financial | CP | 6.2% |
| Axis Bank Ltd. | Financial | CD | 5.0% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 5.0% |
| Export-Import Bank Of India | Financial | CD | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 4.9% |
| Larsen & Toubro Ltd. | Construction | CP | 3.2% |
| Motilal Oswal Financial Services Ltd | Financial | CP | 3.2% |
| LIC Housing Finance Ltd. | Financial | CP | 2.5% |
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 ₹2,010 Cr and the Latest NAV as of 30 Nov 2020 is ₹1322.98.
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.
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.
