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Mahindra Liquid Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Analyst's Choice?

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.33 0.02 0.10 0.43 1.35 2.87 6.58 6.89 -- -- --
Debt: Liquid 0.32 0.01 0.10 0.41 1.25 2.70 6.25 6.53 -- -- --
Rank within category 5 2 4 6 3 3 3 6 -- -- --
Number of funds in category 40 40 40 40 40 40 39 36 35 34 28

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.22 (26-Mar-2019 - 02-Apr-2019) 0.09 (18-Sep-2019 - 25-Sep-2019)
Month 0.66 (01-Mar-2018 - 02-Apr-2018) 0.42 (19-Dec-2019 - 18-Jan-2020)
Quarter 1.89 (26-Sep-2018 - 26-Dec-2018) 1.33 (20-Oct-2019 - 19-Jan-2020)
Year 7.60 (27-Apr-2018 - 29-Apr-2019) 6.61 (19-Jan-2019 - 19-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.72 0.19 5.28 8.18 0.27 1.44
Debt: Liquid 6.38 0.50 3.90 6.47 0.51 1.50
Rank within category 5 5 3 4 5 24
Number of funds in category 36 36 36 34 36 36

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 47 69 41 53
Modified Duration (yrs) 0.00 0.00 0.00 0.10
Average Maturity (yrs) 0.11 0.16 0.06 0.10
Yield to Maturity (%) 5.46 7.78 5.46 5.26

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal HDFC Bank 15/01/2020 Certificate of Deposit A1+ 0.00 - 3.93 3.93
equal Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 3.92 3.92
new Kotak Mahindra Bank 26/03/2020 Certificate of Deposit A1+ 0.00 - 3.89 3.89
equal National Bank Agr. Rur. Devp 29/01/2020 Commercial Paper A1+ 0.00 - 2.55 2.55
new Chambal Fertilisers & Chem. 88-D 24/03/2020 Commercial Paper A1+ 0.00 - 2.53 2.53
new Supreme Industries 89-D 24/03/2020 Commercial Paper A1+ 0.00 - 2.14 2.14
equal 6.35% GOI 21/01/2020 GOI Securities SOV 0.00 - 1.97 1.97
new SIDBI 15/01/2020 Commercial Paper A1+ 0.00 - 1.97 1.97
equal Manappuram Finance 90-D 27/01/2020 Commercial Paper A1+ 0.00 - 1.96 1.96
new HDFC 330-D 07/02/2020 Commercial Paper A1+ 0.00 - 1.96 1.96
new Axis Bank 2020 Securitised Debt A1+ 0.00 - 1.96 1.96
equal Hero FinCorp 71-D 31/01/2020 Commercial Paper A1+ 0.00 - 1.96 1.96
equal Syndicate Bank 24/01/2020 Certificate of Deposit A1+ 0.00 - 1.96 1.96
new Bank of Baroda 18/02/2020 Certificate of Deposit A1+ 0.00 - 1.96 1.96
new Kotak Securities 91-D 28/01/2020 Commercial Paper A1+ 0.00 - 1.96 1.96
new Aditya Birla Capital 32-D 28/01/2020 Commercial Paper A1+ 0.00 - 1.96 1.96
equal SIDBI 28/01/2020 Commercial Paper A1+ 0.00 - 1.96 1.96
new Berger Paints India 31-D 24/01/2020 Commercial Paper A1+ 0.00 - 1.96 1.96
equal Reliance Jio Infocomm 91-D 10/02/2020 Commercial Paper A1+ 0.00 - 1.96 1.96
new Tata Realty and Infrastructure 54-D 28/01/2020 Commercial Paper A1+ 0.00 - 1.96 1.96
new Hero Housing Finance 67-D 03/03/2020 Commercial Paper A1+ 0.00 - 1.95 1.95
new Indusind Bank 28/02/2020 Certificate of Deposit A1+ 0.00 - 1.95 1.95
new SBI Cards & Payments Services 211-D 11/03/2020 Commercial Paper A1+ 0.00 - 1.95 1.95
new ICICI Home Finance Company 73-D 06/03/2020 Commercial Paper A1+ 0.00 - 1.95 1.95
new Reliance Jio Infocomm 91-D 28/02/2020 Commercial Paper A1+ 0.00 - 1.95 1.95

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Rahul Pal since 04-Jul-2016

Education: Mr. Pal is a B.Com (H) and Chartered Accountant.

Experience: Prior to joining Mahindra Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.

Funds Managed:


--

Change from previous, NAV as on 26-Jan-2020

Growth: ₹ 1,269.3862

Dividend Weekly: ₹ 1,009.8661

Dividend Daily: ₹ 1,000.8646


Investment Strategy

The scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of money market and debt instruments.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: Mahindra Mutual Fund
Launch Date: 04-Jul-2016
Return Since Launch: 6.92%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 2,539 Cr (As on 31-Dec-2019)
Expense: 0.23% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily23-Jan-20200.1059

 22-Jan-20200.1038
 21-Jan-20200.1039
 20-Jan-20200.1067
 19-Jan-20200.1047
 18-Jan-20200.1046
 17-Jan-20200.1054
 16-Jan-20200.1069
 15-Jan-20200.0948
 14-Jan-20200.0858
 13-Jan-20200.0882
 12-Jan-20200.1036
 11-Jan-20200.1036
 10-Jan-20200.0653
 09-Jan-20200.0966
 08-Jan-20200.0964
 07-Jan-20200.1022
 06-Jan-20200.1002
 05-Jan-20200.0985
 04-Jan-20200.0985
 03-Jan-20200.0787
 02-Jan-20200.1374
 01-Jan-20200.1063
 31-Dec-20190.1001
 30-Dec-20190.1001
Dividend Weekly17-Jan-20200.6941

 10-Jan-20200.6637
 03-Jan-20200.7302
 27-Dec-20190.7305
 20-Dec-20190.7229
 13-Dec-20190.7550
 06-Dec-20190.7162
 29-Nov-20190.7937
 22-Nov-20190.7673
 15-Nov-20190.7746
 08-Nov-20190.7023
 01-Nov-20190.8265
 25-Oct-20190.7311
 18-Oct-20190.8165
 11-Oct-20190.8312
 04-Oct-20190.9761
 27-Sep-20190.7503
 20-Sep-20190.7081
 13-Sep-20190.7982
 06-Sep-20190.8155
 30-Aug-20190.8001
 23-Aug-20190.8272
 16-Aug-20190.8176
 09-Aug-20190.9115
 02-Aug-20190.9252

Contact Information

AMC: Mahindra Asset Management Company Private Limited

Address: 1st Floor - Sadhana House, Behind Mahindra Towers, 570 - P.B. Marg, Worli, Mumbai - 400018

Phone: 022-66327900

Email: [email protected]

Website: www.mahindramutualfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM