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Mahindra Manulife Liquid Fund Direct IDCW Weekly

Debt
Liquid
Low to Moderate Risk
4.21%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Aug 2022₹1,003.76
Min. SIP amountNot Supported
Rating5
Fund size₹923.07Cr

Returns and rankings

Category: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.9%4.2%5.5%5.7%
Category average3.1%5.1%5.8%NA
Rank with in category433NA
Understand terms

Holdings (22)

NameSectorInstrumentAssets
Power Finance Corporation Ltd.FinancialNCD6.0%
The Ramco Cements Ltd.ConstructionCP5.4%
National Bank For Agriculture & Rural Development
FinancialDebenture5.4%
Housing Development Finance Corpn. Ltd.FinancialCP5.4%
Axis Bank Ltd.
FinancialCD5.4%
Reserve Bank of India
FinancialT-Bills5.4%
Reliance Retail Ventures Ltd.ServicesCP5.4%
Indian Oil Corporation Ltd.EnergyCP5.4%
Piramal Enterprises Ltd.
HealthcareCP5.4%
Canara Bank
FinancialCD5.4%
See All

Pros and cons

Category: Debt Liquid

Pros

Cons

Consistently top ranked fund
3Y and 5Y annualised returns lower than category average
1Y annualised returns higher than category average by 0.8%
Higher expense ratio: 0.15%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Lower AUM: 923Cr. Funds with lower AUM tend to have higher expense ratio

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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNot Supported

Fund management

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

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
Website
NA
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in Mahindra Manulife Liquid Fund Direct IDCW Weekly?

You can easily invest in Mahindra Manulife Liquid Fund Direct IDCW Weekly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Mahindra Manulife Liquid Fund Direct IDCW Weekly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Mahindra Manulife Liquid Fund Direct IDCW Weekly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Liquid Fund Direct IDCW Weekly provide?

The Mahindra Manulife Liquid Fund Direct IDCW Weekly has been there from 04 Jul 2016 and the average annual returns provided by this fund is 3.92% since its inception.

How much expense ratio is charged by Mahindra Manulife Liquid Fund Direct IDCW Weekly?

The term Expense Ratio used for Mahindra Manulife Liquid Fund Direct IDCW Weekly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Mahindra Manulife Liquid Fund Direct IDCW Weekly is 0.15% as of 17 Aug 2022...

What is the AUM of Mahindra Manulife Liquid Fund Direct IDCW Weekly?

The AUM, short for Assets Under Management of Mahindra Manulife Liquid Fund Direct IDCW Weekly is ₹923.07Cr as of 17 Aug 2022.

How to Redeem Mahindra Manulife Liquid Fund Direct IDCW Weekly?

If you want to sell your Mahindra Manulife Liquid Fund Direct IDCW Weekly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mahindra Manulife Liquid Fund Direct IDCW Weekly?

You can select either SIP or Lumpsum investment of Mahindra Manulife Liquid Fund Direct IDCW Weekly based on your investment objective and risk tolerance.

What is the NAV of Mahindra Manulife Liquid Fund Direct IDCW Weekly?

The NAV of Mahindra Manulife Liquid Fund Direct IDCW Weekly is ₹1,003.76 as of 16 Aug 2022.

What is the PE and PB ratio of Mahindra Manulife Liquid Fund Direct IDCW Weekly?

The PE ratio ratio of Mahindra Manulife Liquid Fund Direct IDCW Weekly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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