Mahindra Manulife Liquid Fund Direct Plan Growth
Mahindra Manulife Liquid Fund Direct Plan Growth

Mahindra Manulife Liquid Fund Direct Plan Growth

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Debt
Direct
Liquid

NAV: ₹ 1462 as on 23-03-2023

Fund Performance
zero opening, trading, fund transfer fee
81 people have invested ₹ 49.8L in mutual fund in the last three months

Fund Insights

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In the last 1 year, Mahindra Manulife Liquid Fund Direct Plan Growth has outperformed all funds in its category

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In the last 3 years, Union Liquid Fund Direct Plan Growth Option has given 4.42% return, outperforming Mahindra Manulife Liquid Fund Direct Plan Growth by 0% per annum

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In the last 5 years, Mahindra Manulife Liquid Fund Direct Plan Growth has outperformed all funds in its category

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Mahindra Manulife Liquid Fund Direct Plan Growth has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.15% which is lower than the category average expense ratio of 0.26%

Mahindra Manulife Liquid Fund Direct Plan Growth Performance as on (23-Mar-23)

Return
1M
3M
6M
1Y
3Y
5Y
Mahindra Manulife Liquid Fund Direct Plan Growth
0.5%
1.7%
3.3%
5.7%
4.4%
5.4%
Liquid Index
0.5%
1.4%
2.9%
5%
3.6%
4.2%

About the Fund

Mahindra Manulife Liquid Fund Direct Plan Growth is a debt fund. This fund was started on  4 July, 2016. The fund is managed by Rahul Pal, Amit Garg. This fund is suitable to keep your money safe.

Key parameters

1) Mahindra Manulife Liquid Fund Direct Plan Growth has a NAV of 1461.9736 as on 23-03-2023.

2) Mahindra Manulife Liquid Fund Direct Plan Growth has 503 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.

3) The fund has an expense ratio 0.15 %.

Mahindra Manulife Liquid Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.15%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹503 Cr
Inception Date
Inception Date
4 July, 2016
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹0
Exit Load
Exit Load
0.007%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
468.07%

Fund Distribution as on (28-Feb-23)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Feb'23

Jan'23

Dec'22

Cash Equivalent

85.5%

Government

9.7%

Corporate

4.8%

Top Holdings of Mahindra Manulife Liquid Fund Direct Plan Growth as on (28-Feb-23)

  • Debt & Cash

Debt Holdings22
Holdings
Weight%
Holdings Trend
1M Change
08.54 MH Sdl 2023
08.54 MH Sdl 2023
9.73%
0%
Reverse Repo
Reverse Repo
4.99%
168.8%
Rec Limited
Rec Limited
4.86%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.85%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
4.85%
0%

Mahindra Manulife Liquid Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
0.50%
0.54%
0.57%
Liquid Index
0.41%
0.44%
0.49%
  • This fund’s returns stands at 0.50% whereas the fund’s underlying benchmark Liquid Index returns stands at 0.41% as on Feb'23
  • This fund outperformed Liquid Index by 0.09% in Feb'23

AUM Change

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 514.4 Cr
₹ 520.4 Cr
₹ 372 Cr
  • AUM of the fund stands at 514.4 Cr as of Feb'23
  • AUM decreased by 6 Cr between Feb'23 and Jan'23

Fund Portfolio Changes

Top Stocks bought last month
Power Finance Corporation Ltd.'s allocation increased from 0% to 4.57%
Power Finance Corporation Ltd.'s allocation increased from 0% to 4.57%
National Bank For Agriculture And Rural Development's allocation increased from 4.38% to 4.56%
National Bank For Agriculture And Rural Development's allocation increased from 4.38% to 4.56%
Rec Limited's allocation increased from 4.39% to 4.57%
Rec Limited's allocation increased from 4.39% to 4.57%

Top 2 Sectors in February were Corporate, Corporate

Feb'23
Government
10%
Corporate
5%
Jan'23
Corporate
10%

Mahindra Manulife Liquid Fund Direct Plan Growth Fund Manager

Rahul Pal

Rahul Pal

Fund Manager of Mahindra Manulife Liquid Fund Direct Plan Growth, since 4 July 2016
Amit Garg

Amit Garg

Fund Manager of Mahindra Manulife Liquid Fund Direct Plan Growth, since 8 June 2020

Fund Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.81% since inception which is more than its category average return of 4.71%
AUM size ₹503 Cr

AUM size ₹503 Cr

This fund has AUM of ₹503 Cr which is less than its category average of ₹ 11811 Cr
Expense Ratio 0.15%

Expense Ratio 0.15%

This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 0.25%

Frequently Asked Questions

The current NAV of Mahindra Manulife Liquid Fund Direct Plan Growth is 1460.92 as on 20-Mar-2023.
Existing (Absolute + CAGR)
Mahindra Manulife Liquid Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.53%
0.53%
6 Month Returns
3.25%
3.25%
1 Year Returns
5.68%
5.68%
3 Years Returns
13.79%
4.4%
5 Years Returns
30.16%
5.41%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.15 as on February 2023
514 Cr as on February 2023
Yield to Maturity is 7.35 as on February 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.12 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Rahul Pal,Amit Garg are the fund managers of Mahindra Manulife Liquid Fund Direct Plan Growth
The Exit load of Mahindra Manulife Liquid Fund Direct Plan Growth is 0.01%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.