Mahindra Manulife Liquid Fund Direct Growth
Get the latest NAV of Mahindra Manulife Liquid Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1753.06
NAV as on 07 Nov 2025
6.19%/per year
Since Inception
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284 people have invested ₹ 4Cr in Mahindra Manulife Liquid Fund Direct Growth in the last three months
Mahindra Manulife Liquid Fund Performance vs. Liquid Index
Fund returns vs Benchmark returns vs Category Average returns as on (07-Nov-25)
The fund has consistently outperformed the benchmark (Liquid Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Mahindra Manulife Liquid Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mahindra Manulife Liquid Fund Asset Allocation
See fund asset allocation details as on (14-Oct-25)
Fund Distribution
as on (14-Oct-25)
Mahindra Manulife Liquid Fund Sector Allocation
See fund sector allocation details as on (14-Oct-25)
Sector Allocation
Top 2 Sectors in September were Corporate, Government
Corporate
20%
Government
9%
Corporate
12%
Mahindra Manulife Liquid Fund Holdings Details
as on (31-Oct-25)
Mahindra Manulife Liquid Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.15% |
Benchmark | CRISIL Liquid Debt A-I TR INR |
| AUM | ₹1017 Cr |
| Inception Date | 4 July, 2016 |
| Min Lumpsum/SIP | ₹1000/-- |
Exit Load | 0.0% |
| Lock In | No Lock-in |
TurnOver | 735.81% |
| Risk |   Moderate Risk |
About Mahindra Manulife Liquid Fund
Mahindra Manulife Liquid Fund Direct Growth is a hybrid fund. This fund was started on 4 July, 2016. The fund is managed by Rahul Pal, Amit Garg. This fund gives you the benefit of diversification.
Key Parameters
- Mahindra Manulife Liquid Fund Direct Growth has ₹1017 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
Mahindra Manulife Liquid Fund Direct Growth has given a CAGR return of 6.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.78%, 7.12% and 5.84% respectively.
Holdings
Mahindra Manulife Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government.
Taxation
As it is a liquid mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Mahindra Manulife Liquid Fund Direct Growth
The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 0.00. Mahindra Manulife Liquid Fund Direct Growth has no lock in period.
Fund Manager
Rahul Pal
Fund Manager of Mahindra Manulife Liquid Fund Direct Growth, since 4 July 2016
Amit Garg
Fund Manager of Mahindra Manulife Liquid Fund Direct Growth, since 8 June 2020
- AUM of the fund stands at 1K Cr as of Sep'25
- AUM decreased by 194.5 Cr between Sep'25 and Aug'25
Frequently Asked Questions for Mahindra Manulife Liquid Fund Direct Growth
How do I invest in Mahindra Manulife Liquid Fund?
- Download the INDmoney app.
- Search for ‘Mahindra Manulife Liquid Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.