Mahindra Manulife Liquid Fund Idcw Fund- Direct Weekly

An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk

Type : Mutual Fund

Asset Class : Debt

Last Dividend Date: 14th June 2024 Last Dividend: 1.36828297

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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 : Mr. Rahul Pal

Total Experience: Collectively over 21 years of work experience in the Fixed Income segment

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

Fund Manager : Mr. Amit Garg

Total Experience: Collectively over 19 years of work experience in the Fixed Income segment

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

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.
Mahindra Manulife- Scheme Risko Meter Low To Moderate

Mahindra Manulife Liquid Fund

Investors Understands that their principal will be at low to moderate risk

Mahindra Manulife- Benchmark Risko Meter Low to Moderate

CRISIL Liquid Debt A-I Index^

  • 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 realised 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 utilisation of idle cash for cash management purposes.

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Liquid Fund Simple Annualised Returns(%) CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on May 31, 2024)
Managed by Mr. Rahul Pal and Mr. Amit Garg 7 Days 15 Days 30 Days 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 6.95 7.35 7.08 7.26 5.66 5.23 5.92 10,728 11,798 12,909 15,766 1576.5983
Direct Plan - Growth Option 7.06 7.46 7.19 7.38 5.78 5.35 6.05 10,740 11,837 12,981 15,916 1591.5846
CRISIL Liquid Debt A-I Index^ 6.92 7.27 7.08 7.28 5.75 5.28 5.88 10,730 11,829 12,939 15,711 4016.41
CRISIL 1 Year T-Bill^^ 7.47 7.78 7.35 7.08 5.35 5.53 5.98 10,710 11,696 13,089 15,832 7183.10

^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. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr Amit Garg is managing the scheme since June 8, 2020.

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