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Mahindra Liquid Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.06 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 0.79 0.01 0.10 0.45 1.33 2.81 6.41 6.85 -- -- --
CCIL T Bill Liquidity Weight 0.52 -0.03 0.04 0.28 0.83 1.77 4.03 4.10 -- -- --
Debt: Liquid 0.75 0.01 0.09 0.43 1.25 2.62 6.04 6.56 -- -- --
Rank within category 6 11 6 5 4 3 3 6 -- -- --
Number of funds in category 42 42 42 42 42 42 41 36 35 34 29

As on 24-Feb-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) 1.32 (24-Nov-2019 - 23-Feb-2020)
Year 7.60 (27-Apr-2018 - 29-Apr-2019) 6.42 (23-Feb-2019 - 23-Feb-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.68 0.20 4.97 7.60 0.29 1.47
CCIL T Bill Liquidity Weight 4.06 0.27 -6.06 -10.48 -- --
Debt: Liquid 6.34 0.51 3.67 6.02 0.52 1.51
Rank within category 6 6 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-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 51 69 41 55
Modified Duration (yrs) 0.00 0.00 0.00 0.08
Average Maturity (yrs) 0.10 0.16 0.06 0.09
Yield to Maturity (%) 5.45 7.78 5.45 5.35

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new NTPC 91-D 17/03/2020 Commercial Paper A1+ 0.00 - 5.89 5.89
new SIDBI 18/03/2020 Certificate of Deposit A1+ 0.00 - 5.05 5.05
equal Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 3.92 3.38
new Aditya Birla Capital 32-D 28/02/2020 Commercial Paper A1+ 0.00 - 3.37 3.37
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 3.37 3.37
new Andhra Bank 26/03/2020 Certificate of Deposit A1+ 0.00 - 3.36 3.36
equal Kotak Mahindra Bank 26/03/2020 Certificate of Deposit A1+ 0.00 - 3.89 3.36
new REC 274-D 07/02/2020 Commercial Paper A1+ 0.00 - 2.54 2.54
new National Fertilizers 73-D 19/03/2020 Commercial Paper A1+ 0.00 - 2.52 2.52
new National Bank Agr. Rur. Devp 78-D 27/03/2020 Commercial Paper A1+ 0.00 - 2.52 2.52
new Motilal Oswal Financial 60-D 06/03/2020 Commercial Paper A1+ 0.00 - 2.52 2.52
equal Chambal Fertilisers & Chem. 88-D 24/03/2020 Commercial Paper A1+ 0.00 - 2.53 2.18
equal Supreme Industries 89-D 24/03/2020 Commercial Paper A1+ 0.00 - 2.14 1.85
equal Indusind Bank 28/02/2020 Certificate of Deposit A1+ 0.00 - 1.95 1.69
equal Gujarat Fluorochemicals 91-D 10/02/2020 Commercial Paper A1+ 0.00 - 1.95 1.69
new Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 1.69 1.69
equal Muthoot Finance 365-D 20/02/2020 Commercial Paper A1+ 0.00 - 1.95 1.69
equal Reliance Jio Infocomm 91-D 10/02/2020 Commercial Paper A1+ 0.00 - 1.96 1.69
equal HDFC 330-D 07/02/2020 Commercial Paper A1+ 0.00 - 1.96 1.69
equal Hero Housing Finance 67-D 03/03/2020 Commercial Paper A1+ 0.00 - 1.95 1.69
equal Axis Bank 2020 Securitised Debt A1+ 0.00 - 1.96 1.69
equal Reliance Jio Infocomm 91-D 28/02/2020 Commercial Paper A1+ 0.00 - 1.95 1.69
equal Bank of Baroda 18/02/2020 Certificate of Deposit A1+ 0.00 - 1.96 1.69
equal SBI Cards & Payments Services 211-D 11/03/2020 Commercial Paper A1+ 0.00 - 1.95 1.68
equal Bajaj Housing Finance 91-D 13/03/2020 Commercial Paper A1+ 0.00 - 1.95 1.68

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-Jan-2020

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:


0.01%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 1,274.7370

Dividend Weekly: ₹ 1,010.1477

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: 6.89%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 2,953 Cr (As on 31-Jan-2020)
Expense: 0.23% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily24-Feb-20200.1004

 23-Feb-20200.1029
 22-Feb-20200.1029
 21-Feb-20200.1029
 20-Feb-20200.0990
 19-Feb-20200.1028
 18-Feb-20200.1028
 17-Feb-20200.1007
 16-Feb-20200.1025
 15-Feb-20200.1024
 14-Feb-20200.1018
 13-Feb-20200.1041
 12-Feb-20200.1094
 11-Feb-20200.1249
 10-Feb-20200.1044
 09-Feb-20200.1037
 08-Feb-20200.1037
 07-Feb-20200.1039
 06-Feb-20200.1061
 05-Feb-20200.1085
 04-Feb-20200.1021
 03-Feb-20200.1031
 02-Feb-20200.1026
 01-Feb-20200.1027
 31-Jan-20200.1059
Dividend Weekly20-Feb-20200.6155

 14-Feb-20200.7591
 07-Feb-20200.7354
 31-Jan-20200.7466
 24-Jan-20200.7461
 17-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

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

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