Mahindra Manulife Liquid Fund Direct IDCW Weekly

Debt
Liquid
Low to Moderate Risk
5.06%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 03 Dec 2023₹1,003.55
Min. SIP amountNot Supported
Rating5
Fund size₹743.60Cr

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
1Y3Y5YAll
Fund returns7.1%5.1%5.4%5.9%
Category average6.8%4.8%5.1%NA
Rank with in category322NA
Understand terms

Holdings (24)

NameSectorInstrumentAssets
Larsen & Toubro Ltd.
ConstructionCP6.7%
EnergyCP6.7%
Bank Of Baroda
FinancialCD6.7%
Axis Bank Ltd.
FinancialCD6.7%
FinancialT-Bills4.0%
GOI
SovereignGOI Sec4.0%
SovereignCGL3.4%
EnergyDebenture3.4%
National Bank For Agriculture & Rural Development
FinancialCP3.3%
FinancialCP3.3%
See All

Pros and cons

Category: Debt Liquid

Pros

Cons

Consistently top ranked fund
Higher expense ratio: 0.15%
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: 1.98 The fund has generated returns higher than benchmark - CRISIL Liquid Debt B-I Index - in the last 3Y

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 investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

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
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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