Historical NAV & Returns
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 Amit Garg, Rahul Pal. This fund is suitable to keep your money safe.
Key Parameters
- Mahindra Manulife Liquid Fund Direct Growth has ₹1314 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.
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 7.38%, 7.00% and 5.60% respectively.
Holdings
Mahindra Manulife Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are Small Industries Development Bank Of India, Motilal Oswal Financial Services Ltd, 08.14 MH Sdl 2025, Sundaram Home Finance Limited, Tata Housing Development Company Limited
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 ratio | 0.15% |
Benchmark | CRISIL Liquid Debt A-I TR INR |
| AUM | ₹1314 Cr |
| Inception Date | 4 July, 2016 |
| Min Lumpsum/SIP | ₹1000/-- |
Exit Load | 0.0% |
| Lock In | No Lock-in |
TurnOver | 656.93% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (12-May-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1K Cr as of Mar'25
- AUM decreased by 297.9 Cr between Mar'25 and Feb'25
Top Sector in March was Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Small Industries Development Bank Of India | 5.65% | 200% | |
Motilal Oswal Financial Services Ltd | 5.61% | 0% | |
08.14 MH Sdl 2025 | 3.81% | 0% | |
Sundaram Home Finance Limited | 3.81% | 100% | |
National Bank for Agriculture and Rural Development | 3.78% | 0% | |
Igh Holdings Private Limited | 3.78% | 100% | |
Tata Housing Development Company Limited | 3.78% | 0% | |
91 Days Treasury Bill 26-Jun-2025 | 3.77% | 0% | |
91 Days Tbill Red 19-06-2025 | 3.77% | 0% | |
National Bank for Agriculture and Rural Development | 3.77% | 0% | |
Reliance Industries Ltd. | 3.77% | 0% | |
HDFC Bank Ltd. ** # | 3.77% | 0% | |
Godrej Properties Ltd. | 3.76% | 100% | |
Godrej Industries Ltd. | 3.74% | 0% | |
HDFC Bank Ltd. ** # | 3.02% | 100% | |
91 Days Tbill Red 05-06-2025 | 2.65% | 0% | |
182 DTB 15052025 | 1.9% | 0% | |
PNb Housing Finance Limited | 1.9% | 0% | |
Export-Import Bank Of India | 1.89% | -50% | |
Nuvama Wealth Management Ltd. | 1.89% | 0% | |
Igh Holdings Private Limited | 1.89% | 0% | |
Bank Of Baroda** | 1.89% | 100% | |
HDFC Securities Limited | 1.89% | 0% | |
ICICI Home Finance Company Limited | 1.88% | 100% | |
Icici Securities Limited | 1.88% | 100% | |
Axis Bank Ltd. | 1.88% | 100% | |
Small Industries Development Bank of India | 1.88% | 100% | |
JM Financial Services Limited | 1.88% | 0% | |
Tata Housing Development Co Ltd. | 1.88% | 0% | |
182 DTB 27062025 | 1.88% | 0% | |
360 One Wam Limited** | 1.51% | 100% | |
JM Financial Services Limited | 1.5% | 0% | |
91 Days Tbill | 0.47% | 0% | |
182 Days Tbill Red 23-05-2025 | 0.27% | 0% | |
Corporate Debt Market Development Fund Class A2 | 0.24% | 0% | |
364 Days Tbill 2025 | 0.15% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Mahindra Manulife Liquid Fund | 7.38% | 7% | 5.6% | 6.19% |
 Sundaram Liquid Fund Direct Growth | 7.41% | 6.98% | 5.51% | 6.06% |
 TrustMF Liquid Fund Direct Growth | 7.28% | 6.91% | - | 5.99% |
 Navi Liquid Fund Direct Growth | 6.9% | 6.63% | 5.35% | 6.82% |
 Quant Liquid Fund Direct Growth | 7.31% | 6.85% | 5.88% | 7.24% |
 Aditya Birla Sun Life Liquid Fund Direct Growth | 7.41% | 7.02% | 5.59% | 6.95% |
 SBI Liquid Fund Direct Growth | 7.26% | 6.91% | 5.5% | 6.83% |
 ICICI Prudential Liquid Fund Direct Growth | 7.35% | 6.94% | 5.53% | 6.89% |
 Motilal Oswal Liquid Fund MOFLF Direct Growth | 6.91% | 6.55% | 5.15% | 5.19% |
 HDFC Liquid Fund Direct Growth | 7.33% | 6.92% | 5.49% | 6.84% |
Mutual Fund Insights
Mahindra Manulife Liquid Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹1314 Cr
Expense Ratio 0.15%
Frequently Asked Questions for Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.51% | 0.51% |
6 Month Returns | 3.59% | 3.59% |
1 Year Returns | 7.38% | 7.38% |
3 Years Returns | 22.5% | 7% |
- 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.
AAA | 100 |