| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.14% |
| NAV | ₹1305.55 (11 Jul 2020) |
|---|---|
| Fund Started | 04 Jul 2016 |
| Fund Size | ₹2,361 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 4.2% |
| National Housing Bank | Financial | CP | 4.2% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.2% |
| Bank Of Baroda | Financial | CD | 4.2% |
| Axis Bank Ltd. | Financial | CD | 3.2% |
| Reserve Bank of India | Financial | T-Bills | 2.3% |
| Tata Power Co. Ltd. | Energy | CP | 2.3% |
| Union Bank of India | Financial | CD | 2.1% |
| Reliance Industries Ltd. | Energy | CP | 2.1% |
| Indian Oil Corpn. Ltd. | Energy | CP | 2.1% |
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 ₹2,361 Cr and the Latest NAV as of 11 Jul 2020 is ₹1305.55.
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. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.