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Fund Overview

Fund Size

Fund Size

₹1,237 Cr

Expense Ratio

Expense Ratio

0.50%

ISIN

ISIN

INF174V01044

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

04 Jul 2016

About this fund

Mahindra Manulife Liquid Fund Direct Growth is a Liquid mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 8 years, 6 months and 22 days, having been launched on 04-Jul-16.
As of 25-Jan-25, it has a Net Asset Value (NAV) of ₹1666.67, Assets Under Management (AUM) of 1236.77 Crores, and an expense ratio of 0.5%.
  • Mahindra Manulife Liquid Fund Direct Growth has given a CAGR return of 6.15% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 3.18% in debts, and 96.57% in cash & cash equivalents.
  • You can start investing in Mahindra Manulife Liquid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.46%

+6.63% (Cat Avg.)

3 Years

+6.62%

+5.96% (Cat Avg.)

5 Years

+5.50%

+4.77% (Cat Avg.)

Since Inception

+6.15%

(Cat Avg.)

Portfolio Summaryas of 15th January 2025

Debt39.35 Cr3.18%
Others1,197.42 Cr96.82%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
91 DTB 28032025Bond - Gov't/Treasury123.45 Cr9.98%
Punjab National BankCash - CD/Time Deposit73.97 Cr5.98%
HDFC Bank LimitedCash - CD/Time Deposit59.26 Cr4.79%
PNb Housing Finance LimitedCash - Commercial Paper49.92 Cr4.04%
Tata Housing Development Company Limited 2025Cash - Commercial Paper49.89 Cr4.03%
National Bank For Agriculture And Rural DevelopmentCash - Commercial Paper49.68 Cr4.02%
Small Industries Development Bank of IndiaCash - CD/Time Deposit49.59 Cr4.01%
Bank Of BarodaCash - CD/Time Deposit49.51 Cr4.00%
Reliance Retail Ventures LimitedCash - Commercial Paper49.41 Cr3.99%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit49.4 Cr3.99%
Indian Railway Finance Corporation LimitedCash - Commercial Paper49.4 Cr3.99%
Godrej Industries LimitedCash - Commercial Paper49.06 Cr3.97%
Net Receivables / (Payables)Cash - Collateral-39.69 Cr3.21%
91 DTB 17042025Bond - Gov't/Treasury39.35 Cr3.18%
Reverse RepoCash - Repurchase Agreement32.05 Cr2.59%
6.89% Govt Stock 2025Bond - Gov't/Treasury25 Cr2.02%
191 DTB 30012025Bond - Gov't/Treasury24.94 Cr2.02%
360 One Wam Ltd.Cash - Commercial Paper24.92 Cr2.02%
Shriram Transport Finance Company LimitedCash - Commercial Paper24.92 Cr2.02%
Motilal Oswal Financial Services LimitedCash - Commercial Paper24.9 Cr2.01%
Reliance Retail Ventures LimitedCash - Commercial Paper24.87 Cr2.01%
HDFC Securities LimitedCash - Commercial Paper24.86 Cr2.01%
Godrej Properties Limited 2025Cash - Commercial Paper24.85 Cr2.01%
India (Republic of)Bond - Short-term Government Bills24.85 Cr2.01%
Motilal Oswal Financial Services Limited 2025Cash - Commercial Paper24.82 Cr2.01%
Fedbank Financial Services Limited 2025Cash - Commercial Paper24.79 Cr2.00%
Small Industries Development Bank Of IndiaCash - Commercial Paper24.76 Cr2.00%
Bank Of BarodaCash - CD/Time Deposit24.74 Cr2.00%
Icici Securities LimitedCash - Commercial Paper24.74 Cr2.00%
91 DTB 20032025Bond - Gov't/Treasury24.72 Cr2.00%
Aditya Birla Housing Finance LimitedCash - Commercial Paper24.72 Cr2.00%
Tata Realty And Infrastructure LimitedCash - Commercial Paper24.72 Cr2.00%
JM Financial Services LimitedCash - Commercial Paper24.62 Cr1.99%
Nuvama Wealth Management Ltd.Cash - Commercial Paper19.84 Cr1.60%
JM Financial Services LimitedCash - Commercial Paper19.76 Cr1.60%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End3.06 Cr0.25%
182 DTB 23012025Bond - Gov't/Treasury3 Cr0.24%
India (Republic of)Bond - Short-term Government Bills2.97 Cr0.24%
91 DTB 23012025Bond - Gov't/Treasury2 Cr0.16%
364 DTB 13022025Bond - Gov't/Treasury1.99 Cr0.16%
182 DTB 18102024Bond - Gov't/Treasury1.98 Cr0.16%
364 Days T - Bill- 06/02/2025Bond - Gov't/Treasury1 Cr0.08%
Triparty RepoCash - Repurchase Agreement0.17 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Commercial Paper659.47 Cr53.32%
Cash - CD/Time Deposit306.47 Cr24.78%
Bond - Gov't/Treasury247.42 Cr20.01%
Cash - Collateral-39.69 Cr3.21%
Cash - Repurchase Agreement32.22 Cr2.61%
Bond - Short-term Government Bills27.81 Cr2.25%
Mutual Fund - Open End3.06 Cr0.25%
Bond - Corporate Bond0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

0.38%

Cat. avg.

0.56%

Lower the better

Sharpe Ratio

This fund

2.22

Cat. avg.

-1.23

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.05

Higher the better

Fund Managers

RP

Rahul Pal

Since July 2016

AG

Amit Garg

Since June 2020

Additional Scheme Detailsas of 15th January 2025

ISIN
INF174V01044
Expense Ratio
0.50%
Exit Load
No Charges
Fund Size
₹1,237 Cr
Age
8 years 6 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
CRISIL Liquid Debt A-I TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Liquid Funds

Fund nameExpense RatioExit LoadFund size
1Y
Canara Robeco Liquid Fund Regular Growth

Low to Moderate Risk

0.2%0.0%₹3725.43 Cr7.3%
Navi Liquid Fund Regular Growth

Low to Moderate Risk

0.2%0.0%₹76.58 Cr6.9%
Motilal Oswal Liquid Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹930.25 Cr6.9%
Motilal Oswal Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹930.25 Cr7.0%
Kotak Nifty 1D Rate Liquid ETF

Low Risk

0.2%-₹703.94 Cr5.8%
Invesco India Liquid Fund Regular Growth

Low to Moderate Risk

0.2%0.0%₹13033.04 Cr7.4%
TrustMF Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹346.75 Cr7.3%
360 ONE Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹846.40 Cr7.2%
360 ONE Liquid Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹846.40 Cr7.2%
TrustMF Liquid Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹346.75 Cr7.2%

About the AMC

Mahindra Manulife Mutual Fund

Mahindra Manulife Mutual Fund

Total AUM

₹18,228 Cr

Address

570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018

Other Funds by Mahindra Manulife Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mahindra Manulife Business Cycle Fund Direct Growth

Very High Risk

0.3%1.0%₹1182.22 Cr17.6%
Mahindra Manulife Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹588.74 Cr12.4%
Mahindra Manulife Liquid Fund Direct Growth

Moderate Risk

0.5%0.0%₹1236.77 Cr7.5%
Mahindra Manulife ELSS Fund Direct Growth

Very High Risk

0.4%0.0%₹919.38 Cr8.4%
Mahindra Manulife Overnight Fund Direct Growth

Low Risk

0.4%0.0%₹242.10 Cr6.7%
Mahindra Manulife Asia Pacific REITs FOF Direct Growth

Very High Risk

0.4%1.0%₹21.41 Cr-1.9%
Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk

0.5%1.0%₹574.37 Cr8.9%
Mahindra Manulife Dynamic Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹76.63 Cr9.8%
Mahindra Manulife Short Duration Fund Direct Growth

Low to Moderate Risk

0.7%0.0%₹68.32 Cr8.6%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹110.32 Cr6.9%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Very High Risk

0.5%1.0%₹1522.49 Cr16.9%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.4%1.0%₹908.12 Cr10.3%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Mahindra Manulife Liquid Fund Direct Growth, as of 25-Jan-2025, is ₹1666.67.
The fund has generated 7.46% over the last 1 year and 6.62% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 3.18% in bonds, and 96.57% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Liquid Fund Direct Growth are:-
  1. Rahul Pal
  2. Amit Garg

Fund Overview

Fund Size

Fund Size

₹1,237 Cr

Expense Ratio

Expense Ratio

0.50%

ISIN

ISIN

INF174V01044

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

04 Jul 2016

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

About this fund

Mahindra Manulife Liquid Fund Direct Growth is a Liquid mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 8 years, 6 months and 22 days, having been launched on 04-Jul-16.
As of 25-Jan-25, it has a Net Asset Value (NAV) of ₹1666.67, Assets Under Management (AUM) of 1236.77 Crores, and an expense ratio of 0.5%.
  • Mahindra Manulife Liquid Fund Direct Growth has given a CAGR return of 6.15% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 3.18% in debts, and 96.57% in cash & cash equivalents.
  • You can start investing in Mahindra Manulife Liquid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.46%

+6.63% (Cat Avg.)

3 Years

+6.62%

+5.96% (Cat Avg.)

5 Years

+5.50%

+4.77% (Cat Avg.)

Since Inception

+6.15%

(Cat Avg.)

Portfolio Summaryas of 15th January 2025

Debt39.35 Cr3.18%
Others1,197.42 Cr96.82%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
91 DTB 28032025Bond - Gov't/Treasury123.45 Cr9.98%
Punjab National BankCash - CD/Time Deposit73.97 Cr5.98%
HDFC Bank LimitedCash - CD/Time Deposit59.26 Cr4.79%
PNb Housing Finance LimitedCash - Commercial Paper49.92 Cr4.04%
Tata Housing Development Company Limited 2025Cash - Commercial Paper49.89 Cr4.03%
National Bank For Agriculture And Rural DevelopmentCash - Commercial Paper49.68 Cr4.02%
Small Industries Development Bank of IndiaCash - CD/Time Deposit49.59 Cr4.01%
Bank Of BarodaCash - CD/Time Deposit49.51 Cr4.00%
Reliance Retail Ventures LimitedCash - Commercial Paper49.41 Cr3.99%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit49.4 Cr3.99%
Indian Railway Finance Corporation LimitedCash - Commercial Paper49.4 Cr3.99%
Godrej Industries LimitedCash - Commercial Paper49.06 Cr3.97%
Net Receivables / (Payables)Cash - Collateral-39.69 Cr3.21%
91 DTB 17042025Bond - Gov't/Treasury39.35 Cr3.18%
Reverse RepoCash - Repurchase Agreement32.05 Cr2.59%
6.89% Govt Stock 2025Bond - Gov't/Treasury25 Cr2.02%
191 DTB 30012025Bond - Gov't/Treasury24.94 Cr2.02%
360 One Wam Ltd.Cash - Commercial Paper24.92 Cr2.02%
Shriram Transport Finance Company LimitedCash - Commercial Paper24.92 Cr2.02%
Motilal Oswal Financial Services LimitedCash - Commercial Paper24.9 Cr2.01%
Reliance Retail Ventures LimitedCash - Commercial Paper24.87 Cr2.01%
HDFC Securities LimitedCash - Commercial Paper24.86 Cr2.01%
Godrej Properties Limited 2025Cash - Commercial Paper24.85 Cr2.01%
India (Republic of)Bond - Short-term Government Bills24.85 Cr2.01%
Motilal Oswal Financial Services Limited 2025Cash - Commercial Paper24.82 Cr2.01%
Fedbank Financial Services Limited 2025Cash - Commercial Paper24.79 Cr2.00%
Small Industries Development Bank Of IndiaCash - Commercial Paper24.76 Cr2.00%
Bank Of BarodaCash - CD/Time Deposit24.74 Cr2.00%
Icici Securities LimitedCash - Commercial Paper24.74 Cr2.00%
91 DTB 20032025Bond - Gov't/Treasury24.72 Cr2.00%
Aditya Birla Housing Finance LimitedCash - Commercial Paper24.72 Cr2.00%
Tata Realty And Infrastructure LimitedCash - Commercial Paper24.72 Cr2.00%
JM Financial Services LimitedCash - Commercial Paper24.62 Cr1.99%
Nuvama Wealth Management Ltd.Cash - Commercial Paper19.84 Cr1.60%
JM Financial Services LimitedCash - Commercial Paper19.76 Cr1.60%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End3.06 Cr0.25%
182 DTB 23012025Bond - Gov't/Treasury3 Cr0.24%
India (Republic of)Bond - Short-term Government Bills2.97 Cr0.24%
91 DTB 23012025Bond - Gov't/Treasury2 Cr0.16%
364 DTB 13022025Bond - Gov't/Treasury1.99 Cr0.16%
182 DTB 18102024Bond - Gov't/Treasury1.98 Cr0.16%
364 Days T - Bill- 06/02/2025Bond - Gov't/Treasury1 Cr0.08%
Triparty RepoCash - Repurchase Agreement0.17 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Commercial Paper659.47 Cr53.32%
Cash - CD/Time Deposit306.47 Cr24.78%
Bond - Gov't/Treasury247.42 Cr20.01%
Cash - Collateral-39.69 Cr3.21%
Cash - Repurchase Agreement32.22 Cr2.61%
Bond - Short-term Government Bills27.81 Cr2.25%
Mutual Fund - Open End3.06 Cr0.25%
Bond - Corporate Bond0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

0.38%

Cat. avg.

0.56%

Lower the better

Sharpe Ratio

This fund

2.22

Cat. avg.

-1.23

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.05

Higher the better

Fund Managers

RP

Rahul Pal

Since July 2016

AG

Amit Garg

Since June 2020

Additional Scheme Detailsas of 15th January 2025

ISIN
INF174V01044
Expense Ratio
0.50%
Exit Load
No Charges
Fund Size
₹1,237 Cr
Age
8 years 6 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
CRISIL Liquid Debt A-I TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Liquid Funds

Fund nameExpense RatioExit LoadFund size
1Y
Canara Robeco Liquid Fund Regular Growth

Low to Moderate Risk

0.2%0.0%₹3725.43 Cr7.3%
Navi Liquid Fund Regular Growth

Low to Moderate Risk

0.2%0.0%₹76.58 Cr6.9%
Motilal Oswal Liquid Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹930.25 Cr6.9%
Motilal Oswal Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹930.25 Cr7.0%
Kotak Nifty 1D Rate Liquid ETF

Low Risk

0.2%-₹703.94 Cr5.8%
Invesco India Liquid Fund Regular Growth

Low to Moderate Risk

0.2%0.0%₹13033.04 Cr7.4%
TrustMF Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹346.75 Cr7.3%
360 ONE Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹846.40 Cr7.2%
360 ONE Liquid Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹846.40 Cr7.2%
TrustMF Liquid Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹346.75 Cr7.2%

About the AMC

Mahindra Manulife Mutual Fund

Mahindra Manulife Mutual Fund

Total AUM

₹18,228 Cr

Address

570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018

Other Funds by Mahindra Manulife Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mahindra Manulife Business Cycle Fund Direct Growth

Very High Risk

0.3%1.0%₹1182.22 Cr17.6%
Mahindra Manulife Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹588.74 Cr12.4%
Mahindra Manulife Liquid Fund Direct Growth

Moderate Risk

0.5%0.0%₹1236.77 Cr7.5%
Mahindra Manulife ELSS Fund Direct Growth

Very High Risk

0.4%0.0%₹919.38 Cr8.4%
Mahindra Manulife Overnight Fund Direct Growth

Low Risk

0.4%0.0%₹242.10 Cr6.7%
Mahindra Manulife Asia Pacific REITs FOF Direct Growth

Very High Risk

0.4%1.0%₹21.41 Cr-1.9%
Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk

0.5%1.0%₹574.37 Cr8.9%
Mahindra Manulife Dynamic Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹76.63 Cr9.8%
Mahindra Manulife Short Duration Fund Direct Growth

Low to Moderate Risk

0.7%0.0%₹68.32 Cr8.6%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹110.32 Cr6.9%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Very High Risk

0.5%1.0%₹1522.49 Cr16.9%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.4%1.0%₹908.12 Cr10.3%

Still got questions?
We're here to help.

The NAV of Mahindra Manulife Liquid Fund Direct Growth, as of 25-Jan-2025, is ₹1666.67.
The fund has generated 7.46% over the last 1 year and 6.62% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 3.18% in bonds, and 96.57% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Liquid Fund Direct Growth are:-
  1. Rahul Pal
  2. Amit Garg
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