Mahindra Manulife Liquid Fund Direct Plan Growth

Mahindra Manulife Liquid Fund Direct Plan Growth

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Debt
Direct
Liquid
NAV: ₹ 1559.9 as on 22-02-2024
Fund Performance
zero opening, trading, fund transfer fee
266 people have invested ₹ 2.6Cr in Mahindra Manulife Liquid Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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In the last 1 year, Aditya Birla Sun Life Liquid Direct Plan Growth has given 7.31% return, outperforming this fund by 0.01%.
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In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.56% return, outperforming this fund by 0.17% per annum.
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This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.14% which is lower than the category average expense ratio of 0.27%.
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Over the last 1 month, this fund has experienced a 48.0% growth in AUM moving from 808.31 Cr to 1.19K Cr.
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In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.78% return, outperforming this fund by 0.43% per annum.

About the Mahindra Manulife Liquid Fund Direct Plan Growth

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

Key Parameters

  1. Mahindra Manulife Liquid Fund Direct Plan Growth has ₹1196 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Mahindra Manulife Liquid Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.14%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹1196 Cr
Inception Date
Inception Date
4 July, 2016
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/--
Exit Load
Exit Load
0.007%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
468.07%

Mahindra Manulife Liquid Fund Direct Plan Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.9%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Cash Equivalent
71.3%
Corporate
17.7%
Government
11%

Top Holdings of Mahindra Manulife Liquid Fund Direct Plan Growth as on (31-Jan-24)

  • Debt & Cash

Debt Holdings34
Holdings
Weight%
1M Change
Housing And Urban Development Corporation Limited
Housing And Urban Development Corporation Limited
4.43%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.43%
0%
Axis Bank Limited
Axis Bank Limited
4.42%
100%
91 DTB 29022024
91 DTB 29022024
4.42%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
4.42%
100%

Mahindra Manulife Liquid Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 1.1K Cr
₹ 577.3 Cr
₹ 793.6 Cr
  • AUM of the fund stands at 1.1K Cr as of Jan'24
  • AUM increased by 547.8 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Mahindra Manulife Liquid Fund Direct Plan Growth Fund Manager

Amit Garg
Amit Garg
Fund Manager of Mahindra Manulife Liquid Fund Direct Plan Growth, since 8 June 2020
Rahul Pal
Rahul Pal
Fund Manager of Mahindra Manulife Liquid Fund Direct Plan Growth, since 4 July 2016

Mahindra Manulife Liquid Fund Direct Plan Growth 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 5.99% since inception which is more than its category average return of 4.77%
AUM size ₹1196 Cr

AUM size ₹1196 Cr

This fund has AUM of ₹1196 Cr which is less than its category average of ₹ 12043 Cr
Expense Ratio 0.14%

Expense Ratio 0.14%

This fund has an expense ratio of 0.14% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of Mahindra Manulife Liquid Fund Direct Plan Growth is ₹1559.93 as on 22-Feb-2024.
Existing (Absolute + CAGR) as on 22-Feb-2024.
Mahindra Manulife Liquid Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.62%
0.62%
6 Month Returns
3.64%
3.64%
1 Year Returns
7.3%
7.3%
3 Years Returns
17.06%
5.39%
5 Years Returns
29.79%
5.35%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.14% as on January 2024
₹1196 Cr as on January 2024
Housing And Urban Development Corporation Limited(4.43%), Small Industries Development Bank Of India(4.43%), 91 DTB 29022024(4.42%), Axis Bank Limited(4.42%), Reliance Industries Limited(4.42%) as on January 2024
Cash Equivalent(71.29%), Corporate(17.68%), Government(11.02%) as on January 2024
Yield to Maturity is 7.43 as on January 2024. 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 0.09 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Amit Garg, Rahul Pal 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%