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: 01st March 2024 Last Dividend: 1.40335096

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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 17 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 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 B-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 Jan 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 6.99 6.72 7.02 7.13 5.19 5.23 5.85 10,713 11,639 12,906 15,388 1538.8043
Direct Plan - Growth Option 7.10 6.83 7.13 7.24 5.30 5.35 5.98 10,724 11,677 12,977 15,529 1552.8512
CRISIL Liquid Fund BI Index^ 7.06 6.86 7.16 7.23 5.41 5.41 5.92 10,723 11,712 13,016 15,464 3953.2
CRISIL 1 Year T-Bill^^ 6.91 6.13 6.22 6.91 4.99 5.55 5.91 10,691 11,573 13,100 15,454 7011.51

^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.