Mahindra Manulife Liquid Fund Direct Plan Growth
Debt
Direct
Liquid
NAV: ₹ 1586.72 as on 16-05-2024
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 Amit Garg, Rahul Pal. This fund is suitable to keep your money safe.
Key Parameters
- Mahindra Manulife Liquid Fund Direct Plan Growth has ₹1062 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Fund Performance
300 people have invested ₹ 4Cr in Mahindra Manulife Liquid Fund Direct Plan Growth in the last three months
Overview
 | 0.15% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1062 Cr |
 | 4 July, 2016 |
 | ₹1000/-- |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 468.07% |
Mahindra Manulife Liquid Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
95.1%
AA
4.9%
Sector Allocation
Cash Equivalent
80.8%
Corporate
14%
Government
5.2%
Top Holdings of Mahindra Manulife Liquid Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings28
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 6.69% Govt Stock 2024 | 8% | 0% | |
Grasim Industries Ltd | 4.71% | 0% | |
360 One Wam Ltd. | 4.71% | 0% | |
Tata Realty And Infrastructure Limited | 4.7% | 0% | |
Indian Bank | 4.69% | 100% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.1K Cr as of Apr'24
- AUM increased by 242.1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
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%.
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.41% return, outperforming this fund by 0.03%.
Over the last 3 months, this fund has experienced a 5.6% drop in AUM moving from 1.12K Cr to 1.06K Cr.
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.77% return, outperforming this fund by 0.41% per annum.
In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.05% per annum.
Peer Analysis
Fund Manager
Amit Garg
Fund Manager of Mahindra Manulife Liquid Fund Direct Plan Growth, since 8 June 2020
Top funds managed
Rahul Pal
Fund Manager of Mahindra Manulife Liquid Fund Direct Plan Growth, since 4 July 2016
Top funds managed
Mahindra Manulife Liquid Fund Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.04% since inception which is more than its category average return of 4.81%
AUM size ₹1062 Cr
This fund has AUM of ₹1062 Cr which is less than its category average of ₹ 12184 Cr
Expense Ratio 0.15%
This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 0.24%
Frequently Asked Questions
The current NAV of Mahindra Manulife Liquid Fund Direct Plan Growth is ₹1586.72 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Mahindra Manulife Liquid Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.72% | 3.72% |
1 Year Returns | 7.39% | 7.39% |
3 Years Returns | 18.14% | 5.71% |
5 Years Returns | 29.8% | 5.35% |
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 April 2024
₹1062 Cr as on April 2024
6.69% Govt Stock 2024(8%), Grasim Industries Ltd(4.71%), 360 One Wam Ltd.(4.71%), Tata Realty And Infrastructure Limited(4.7%), Indian Bank(4.69%) as on April 2024
Cash Equivalent(80.79%), Corporate(14.03%), Government(5.18%) as on April 2024
Yield to Maturity is 7.3 as on April 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 0.12 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 95.14 |
AA | 4.86 |
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%