Mahindra Manulife Liquid Fund Direct Plan Growth
Debt
Direct
Liquid
NAV: ₹ 1462 as on 23-03-2023
Fund Performance
81 people have invested ₹ 49.8L in mutual fund in the last three months
Fund Insights
In the last 1 year, Mahindra Manulife Liquid Fund Direct Plan Growth has outperformed all funds in its category
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
In the last 5 years, Mahindra Manulife Liquid Fund Direct Plan Growth has outperformed all funds in its category
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)
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
 | 0.15% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹503 Cr |
 | 4 July, 2016 |
 | ₹1000/₹0 |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 468.07% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
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 Holdings22
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 08.54 MH Sdl 2023 | 9.73% | 0% | |
Reverse Repo | 4.99% | 168.8% | |
Rec Limited | 4.86% | 0% | |
Small Industries Development Bank Of India | 4.85% | 0% | |
National Bank For Agriculture And Rural Development | 4.85% | 0% |
See all
Mahindra Manulife Liquid Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- 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
- 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%
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%
Top 2 Sectors in February were Corporate, Corporate
Feb'23
Government
10%
Corporate
5%
Jan'23
Corporate
10%
Peer Analysis
Mahindra Manulife Liquid Fund Direct Plan Growth Fund Manager
Rahul Pal
Fund Manager of Mahindra Manulife Liquid Fund Direct Plan Growth, since 4 July 2016
Top funds managed
Amit Garg
Fund Manager of Mahindra Manulife Liquid Fund Direct Plan Growth, since 8 June 2020
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
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
This fund has AUM of ₹503 Cr which is less than its category average of ₹ 11811 Cr
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.