Mahindra Manulife Liquid Fund

An Open Ended Liquid scheme

Type : Mutual Fund

Asset Class : Debt

Last Dividend Date: 25th September 2020 Last Dividend: 0.60334695

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Fund Summary
Min Investment 1000
Min SIP 0
Lock InNo
*Investor Exit upon subscription:
Day 1 - 0.0070%
Day 2 - 0.0065%
Day 3 - 0.0060%
Day 4 - 0.0055%
Day 5 - 0.0050%
Day 6 - 0.0045%
Day 7 onwards – 0.0000%

Fund Manager : Rahul Pal

Total Experience: Collectively over 18 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since July 4, 2016

Fund Manager : Amit Garg

Total Experience: Collectively over 16 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since June 8, 2020

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This Product is Suitable for investors who are seeking*

  • Regular income over short term
  • Investment in money market and debt instruments
  • Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
  • Scheme Overview
  • Scheme Documents and Forms

Investment Objective:

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.

Product Benefits:

  • Low volatility: Relatively safer during times of high market volatility as liquid funds Usually invests in Commercial Papers, Certificate of Deposits, CBLO/ Repos and in short term debt instruments with maturity profile of not more than 91 days.
  • Easy liquidity: Investors can invest in liquid funds even for a day.
  • Cash Management Tool for treasuries of any size: Optimal utilization of idle cash for cash management purposes.

Fund Performance:
Mahindra Manulife Liquid Fund Simple Annualised Returns(%) CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Aug 31, 2020)
Managed by 1 Year 3 Years 5 Years 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Mahindra Manulife Liquid Fund - Reg - Growth 3.3 3.44 3.5 5.1 6.49 N/A 6.74 10507.9725 12077.3978 N/A 13049.789 1304.9789
Mahindra Manulife Liquid Fund - Dir - Growth 3.41 3.55 3.61 5.21 6.62 N/A 6.74 10519.4693 12122.3473 N/A 13119.414 1311.9414
Crisil Liquid Fund Index^ 3.68 3.97 4.09 5.34 6.65 N/A 6.74 10532.4767 12133.1192 N/A 13100.3264 3349.04
Crisil 1 Yr T-Bill Index^^ 0.44 1.79 2.67 6.78 6.97 N/A 6.74 10677.072 12242.1543 N/A 13164.3167 5972.69

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 04-Jul-16.Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 1,000 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.*Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Rahul Pal is managing this scheme since inception and he manages 7 schemes of Mahindra Manulife Mutual Fund. Mr Amit Garg is managing the scheme since June 8, 2020 and he manages 3 schemes of Mahindra Manulife Mutual Fund.

For performance of other schemes managed by Rahul Pal click here

For performance of other schemes managed by Amit Garg click here

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.