Mahindra Manulife Liquid Fund Direct Growth

Mahindra Manulife Liquid Fund Direct Growth

NAV as on 19-04-2025

₹ 1695.86

Inception Returns

6.2%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
333 people have invested ₹ 3.1Cr in Mahindra Manulife Liquid Fund Direct Growth in the last three months

About Mahindra Manulife Liquid Fund Direct Growth

Mahindra Manulife Liquid Fund Direct 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 Growth has ₹1026 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

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 7.40%, 6.93% and 5.58% respectively.

Holdings

Mahindra Manulife Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Godrej Industries Limited, 360 One Wam Limited 2025, Bank Of Baroda, Tata Housing Development Company Limited, Export-Import Bank Of India

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

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.

Mahindra Manulife Liquid Fund Direct Growth Overview

Expense ratio0.15%
Benchmark
CRISIL Liquid Debt A-I TR INR
AUM₹1026 Cr
Inception Date4 July, 2016
Min Lumpsum/SIP₹1000/--
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
656.93%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (19-Apr-25)

Period
Mahindra Manulife Liquid Fund Direct Growth
Liquid Index
1M
0.7%
0.7%
3M
1.9%
1.7%
6M
3.7%
3.4%
1Y
7.4%
6.8%
3Y
6.9%
6.4%
5Y
5.6%
5.1%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Cash Equivalent
82.8%
Corporate
16.9%
Government
0.3%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 1K Cr
₹ 1.3K Cr
₹ 1.2K Cr
  • AUM of the fund stands at 1K Cr as of Mar'25
  • AUM decreased by 297.9 Cr between Mar'25 and Feb'25
Cash allocation has gone down from 99.8% to 99.7%
Cash allocation has gone down from 99.8% to 99.7%

Top Sector in March was Corporate

Mar'25
Corporate
17%
Feb'25
Corporate
22%
  • Debt & Cash

Holdings
Weight%
1M Change
Godrej Industries Limited
Godrej Industries Limited
4.86%
0%
Bank Of Baroda
Bank Of Baroda
4.84%
0%
360 One Wam Limited 2025
360 One Wam Limited 2025
4.84%
0%
Export-Import Bank Of India
Export-Import Bank Of India
4.82%
0%
Tata Housing Development Company Limited
Tata Housing Development Company Limited
4.82%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Liquid Fund Direct Growth
7.4%
6.93%
5.58%
6.19%
Groww Liquid Fund Direct Plan Growth Option
Groww Liquid Fund Direct Plan Growth Option
7.46%
6.79%
5.37%
6.85%
Aditya Birla Sun Life Liquid Direct Plan Growth
Aditya Birla Sun Life Liquid Direct Plan Growth
7.44%
6.95%
5.58%
6.95%
ICICI Prudential Liquid Fund Direct Plan Growth
ICICI Prudential Liquid Fund Direct Plan Growth
7.38%
6.87%
5.52%
6.89%
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Rahul Pal
Rahul Pal
Fund Manager of Mahindra Manulife Liquid Fund Direct Growth, since 4 July 2016
Amit Garg
Amit Garg
Fund Manager of Mahindra Manulife Liquid Fund Direct Growth, since 8 June 2020
Fund House
Mahindra Manulife Investment Management Pvt. Ltd.
Total AUM
₹25.98K Cr
as on 31-Mar-2025
Address
1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Website
mfinvestors@mahindra.com

Mutual Fund Insights

Insights icon
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.87% return, outperforming this fund by 0.28% per annum.
Insights icon
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.95% return, outperforming this fund by 0.01% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 22.5% drop in AUM moving from 1.32K Cr to 1.02K Cr.
Insights icon
This fund 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%.
Insights icon
In the last 1 year, Sundaram Liquid Fund -Direct Plan - Growth Option has given 7.45% return, outperforming this fund by 0.04%.

Mahindra Manulife Liquid Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 6.19% since inception which is more than its category average return of 4.99%
AUM size ₹1026 Cr

AUM size ₹1026 Cr

This fund has AUM of ₹1026 Cr which is less than its category average of ₹ 12892 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 0.23%

Frequently Asked Questions for Mahindra Manulife Liquid Fund Direct Growth

The current NAV of Mahindra Manulife Liquid Fund Direct Growth is ₹1695.86 as on 19-Apr-2025.
Existing (Absolute + CAGR) as on 19-Apr-2025.
Mahindra Manulife Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.72%
0.72%
6 Month Returns
3.67%
3.67%
1 Year Returns
7.4%
7.4%
3 Years Returns
22.28%
6.93%
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 March 2025
₹1026 Cr as on March 2025
Godrej Industries Limited(4.86%), 360 One Wam Limited 2025(4.84%), Bank Of Baroda(4.84%), Tata Housing Development Company Limited(4.82%), Export-Import Bank Of India(4.82%) as on March 2025
Cash Equivalent(82.8%), Corporate(16.91%), Government(0.29%) as on March 2025
Yield to Maturity is 7.12 as on March 2025. 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 0.15 as on March 2025. 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 Growth
The Exit load of Mahindra Manulife Liquid Fund Direct Growth is 0.01%