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4 star

Mahindra Manulife Liquid Fund - Regular Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

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 2.65 0.01 0.07 0.33 1.14 2.55 5.58 6.65 -- -- --
CCIL T Bill Liquidity Weight 2.02 0.01 0.06 0.22 0.87 1.93 3.90 4.14 -- -- --
Debt: Liquid 2.42 0.01 0.06 0.29 1.00 2.32 5.14 6.33 -- -- --
Rank within category 11 4 3 10 7 11 5 8 -- -- --
Number of funds in category 42 42 42 42 42 42 42 36 35 34 30

As on 07-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mahindra Manulife Liquid Fund - Regular Plan
4 star
Jul-16 5.58 6.65 -- 0.25 2,361
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 5.54 6.62 6.96 0.32 57,566
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 5.61 6.67 7.00 0.30 43,090
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 5.57 6.68 7.00 0.27 31,728
Axis Liquid Fund  | Invest Online
4 star
Oct-09 5.56 6.67 6.99 0.22 29,605

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.52 (24-Mar-2020 - 31-Mar-2020) -0.22 (17-Mar-2020 - 24-Mar-2020)
Month 0.88 (24-Mar-2020 - 23-Apr-2020) 0.10 (23-Feb-2020 - 24-Mar-2020)
Quarter 1.89 (26-Sep-2018 - 26-Dec-2018) 0.97 (24-Dec-2019 - 24-Mar-2020)
Year 7.60 (27-Apr-2018 - 29-Apr-2019) 5.58 (06-Jul-2019 - 05-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.48 0.27 4.34 5.82 0.38 1.65
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.19 0.50 3.21 4.32 0.56 1.58
Rank within category 8 3 5 6 7 21
Number of funds in category 36 36 36 36 36 36

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 43 59 34 48
Modified Duration (yrs) 0.00 0.00 0.00 --
Average Maturity (yrs) 0.06 0.13 0.06 --
Yield to Maturity (%) 4.00 7.15 4.00 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Kotak Mahindra Bank 16/06/2020 Certificate of Deposit A1+ 0.00 - 4.72 4.23
equal Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 4.73 4.23
new National Housing Bank 89-D 10/06/2020 Commercial Paper A1+ 0.00 - 4.23 4.23
equal Reserve Bank of India 91-D 25/06/2020 Treasury Bills SOV 0.00 - 4.72 4.23
equal Axis Bank 15/06/2020 Certificate of Deposit A1+ 0.00 - 3.54 3.17
down Reserve Bank of India 77-D 16/06/2020 Treasury Bills SOV 0.00 - 4.37 2.33
new Tata Power 90-D 25/08/2020 Commercial Paper A1+ 0.00 - 2.30 2.30
equal Union Bank of India 2020 Certificate of Deposit A1+ 0.00 - 2.18 2.12
new Reserve Bank of India 91-D 04/06/2020 Treasury Bills SOV 0.00 - 2.12 2.12
equal National Bank Agr. Rur. Devp 90-D 10/06/2020 Commercial Paper A1+ 0.00 - 2.36 2.12
new Indian Oil Corp. 62-D 08/06/2020 Commercial Paper A1+ 0.00 - 2.12 2.12
equal Indian Oil Corp. 59-D 01/06/2020 Commercial Paper A1+ 0.00 - 2.18 2.12
equal Reliance Industries 91-D 01/06/2020 Commercial Paper A1+ 0.00 - 2.36 2.12
equal Motilal Oswal Financial 58-D 26/06/2020 Commercial Paper A1+ 0.00 - 2.17 2.11
new Power Finance Corp. 90-D 28/07/2020 Commercial Paper A1+ 0.00 - 2.11 2.11
new Berger Paints India 51-D 26/06/2020 Commercial Paper A1+ 0.00 - 2.11 2.11
equal Indian Oil Corp. 60-D 12/06/2020 Commercial Paper A1+ 0.00 - 2.18 2.11
equal Aditya Birla Finance 90-D 15/06/2020 Commercial Paper A1+ 0.00 - 2.36 2.11
equal ICICI Securities 59-D 19/06/2020 Commercial Paper A1+ 0.00 - 2.18 2.11
equal Axis Bank 23/06/2020 Certificate of Deposit A1+ 0.00 - 2.36 2.11
equal Godrej Agrovet 84-D 26/06/2020 Commercial Paper A1+ 0.00 - 2.18 2.11
new Chennai Petroleum Corp. 50-D 23/06/2020 Commercial Paper A1+ 0.00 - 2.11 2.11
equal Muthoot Finance 91-D 18/06/2020 Commercial Paper A1+ 0.00 - 2.35 2.11
equal Chennai Petroleum Corp. 72-D 18/06/2020 Commercial Paper A1+ 0.00 - 2.18 2.11
equal Manappuram Finance 91-D 15/06/2020 Commercial Paper A1+ 0.00 - 2.35 2.11

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-May-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:

— Amit Garg since 08-Jun-2020

Education: Mr Garg has a B.Com degree and has also done his MBA in Finance.

Experience: Mr Garg has over 8 years of experience. He has worked previously with Darashaw & Co. in investment banking sales and with Daiwa Asset Management as a Junior Fund Manager and Dealer.

Funds Managed:


0.01%

Change from previous, NAV as on 07-Jul-2020

Growth: ₹ 1,298.3070

Dividend Weekly: ₹ 1,009.9071

Dividend Daily: ₹ 1,000.9099


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 Manulife Mutual Fund
Launch Date: 04-Jul-2016
Return Since Launch: 6.73%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 2,361 Cr (As on 31-May-2020)
Expense: 0.25% (As on 31-May-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily07-Jul-20200.0875

 06-Jul-20200.0638
 05-Jul-20200.0887
 04-Jul-20200.0887
 03-Jul-20200.0749
 02-Jul-20200.0856
 01-Jul-20200.1917
 30-Jun-20200.0892
 29-Jun-20200.1363
 28-Jun-20200.0903
 27-Jun-20200.0901
 26-Jun-20200.1013
 25-Jun-20200.1235
 24-Jun-20200.0995
 23-Jun-20200.1103
 22-Jun-20200.1295
 21-Jun-20200.0885
 20-Jun-20200.0885
 19-Jun-20200.1414
 18-Jun-20200.0952
 17-Jun-20200.1195
 16-Jun-20200.1217
 15-Jun-20200.1381
 14-Jun-20200.1001
 13-Jun-20200.0998
Dividend Weekly03-Jul-20200.7638

 26-Jun-20200.7475
 19-Jun-20200.8229
 12-Jun-20200.8254
 05-Jun-20200.6606
 29-May-20200.7267
 22-May-20200.9186
 15-May-20201.1763
 08-May-20201.2020
 30-Apr-20200.4124
 24-Apr-20201.3088
 17-Apr-20201.3488
 09-Apr-20200.5792
 03-Apr-20201.5890
 27-Mar-20201.7884
 13-Mar-20200.6877
 06-Mar-20200.8220
 28-Feb-20200.7804
 20-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

Contact Information

AMC: Mahindra Manulife Investment Management Private Limited

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

Phone: 022-66327900

Email: [email protected]

Website: http://www.mahindramanulife.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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