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 ₹1579 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 6.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.43%, 6.86% and 5.56% respectively.
Holdings
Mahindra Manulife Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are 91 DTB 28032025, Punjab National Bank, 91 DTB 20032025, ICICI Home Finance Company Limited, Reliance Retail Ventures 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 Fund TR INR |
| AUM | ₹1579 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 (30-Mar-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.3K Cr as of Feb'25
- AUM increased by 96.4 Cr between Feb'25 and Jan'25
Top 2 Sectors in February were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 28032025 | 7.96% | 0% | |
Punjab National Bank | 4.74% | 0% | |
91 DTB 20032025 | 3.48% | 120% | |
ICICI Home Finance Company Limited | 3.17% | 0% | |
Reliance Retail Ventures Limited | 3.17% | 0% |
Mutual Fund Insights
Mahindra Manulife Liquid Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹1579 Cr
Expense Ratio 0.15%
More funds from Mahindra
Mahindra Manulife Dynamic Bond Fund Direct Growth
5Y CAGR
▲ 5.95
Mahindra Manulife Short Duration Fund Direct Growth
3Y CAGR
▲ 7.12
Mahindra Manulife Low Duration Fund Direct Growth
5Y CAGR
▲ 6.28
Mahindra Manulife Ultra Short Duration Fund Direct Growth
5Y CAGR
▲ 6.02
Mahindra Manulife Overnight Fund Direct Growth
5Y CAGR
▲ 5.05
Frequently Asked Questions for Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 3.62% | 3.62% |
1 Year Returns | 7.43% | 7.43% |
3 Years Returns | 22.03% | 6.86% |
5 Years Returns | 31.09% | 5.56% |
- 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 |