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4 star

Mahindra Manulife Liquid Fund - Regular Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a 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 funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 3.43 0.01 0.06 0.27 0.84 2.08 4.91 6.40 -- -- --
CCIL T Bill Liquidity Weight 2.47 0.00 0.03 0.12 0.49 1.42 3.34 3.95 -- -- --
Debt: Liquid 3.20 0.01 0.07 0.27 0.81 1.91 4.56 6.05 -- -- --
Rank within category 10 17 21 11 4 6 3 6 -- -- --
Number of funds in category 38 38 38 38 38 38 38 34 33 32 29

As on 29-Sep-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 4.91 6.40 -- 0.25 2,138
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.88 6.36 6.73 0.32 54,052
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 4.90 6.41 6.78 0.31 39,810
Axis Liquid Fund  | Invest Online
4 star
Oct-09 4.89 6.40 6.77 0.22 28,818
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 4.78 6.36 6.73 0.24 27,459

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) 0.83 (26-Jun-2020 - 25-Sep-2020)
Year 7.60 (27-Apr-2018 - 29-Apr-2019) 4.92 (26-Sep-2019 - 25-Sep-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.31 0.34 3.46 4.39 0.58 1.84
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Liquid 5.99 0.53 2.53 3.29 0.72 1.69
Rank within category 8 4 4 4 6 18
Number of funds in category 36 36 36 35 36 36

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

As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 32 53 32 42
Modified Duration (yrs) 0.09 0.15 0.00 0.08
Average Maturity (yrs) 0.09 0.15 0.06 0.08
Yield to Maturity (%) 3.40 6.04 3.40 3.31
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 26/11/2020 Treasury Bills SOV 0.00 - 9.28 9.28
up Reserve Bank of India 91-D 03/09/2020 Treasury Bills SOV 0.00 - 7.48 7.48
equal Reserve Bank of India 364-D 10/09/2020 Treasury Bills SOV 0.00 - 4.90 4.67
equal National Housing Bank 90-D 28/09/2020 Commercial Paper A1+ 0.00 - 4.90 4.67
new Axis Bank 18/09/2020 Certificate of Deposit A1+ 0.00 - 4.67 4.67
new Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 4.60 4.60
new ICICI Securities 90-D 17/11/2020 Commercial Paper A1+ 0.00 - 3.48 3.48
down Godrej Properties 91-D 23/09/2020 Commercial Paper A1+ 0.00 - 3.41 2.80
equal Tata Cleantech Capital 91-D 25/09/2020 Commercial Paper A1+ 0.00 - 2.69 2.57
equal Reliance Jio Infocomm 90-D 10/09/2020 Commercial Paper A1+ 0.00 - 2.45 2.34
new Cholamandalam Invest. & Fin. 33-D 14/09/2020 Commercial Paper A1+ 0.00 - 2.34 2.34
equal LIC Housing Fin. 329-D 11/09/2020 Commercial Paper A1+ 0.00 - 2.45 2.34
equal Reliance Industries 91-D 16/09/2020 Commercial Paper A1+ 0.00 - 2.45 2.34
equal Muthoot Finance 91-D 15/09/2020 Commercial Paper A1+ 0.00 - 2.45 2.34
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 2.47 2.34
equal National Housing Bank 88-D 11/09/2020 Commercial Paper A1+ 0.00 - 2.45 2.34
equal Berger Paints India 90-D 24/09/2020 Commercial Paper A1+ 0.00 - 2.45 2.33
equal Ultratech Cement 90-D 24/09/2020 Commercial Paper A1+ 0.00 - 2.45 2.33
equal NTPC 91-D 22/09/2020 Commercial Paper A1+ 0.00 - 2.45 2.33
new Indian Oil Corp. 49-D 19/10/2020 Commercial Paper A1+ 0.00 - 2.33 2.33
equal HDFC 88-D 25/09/2020 Commercial Paper A1+ 0.00 - 2.45 2.33
new National Bank Agr. Rur. Devp 89-D 10/11/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new NTPC 88-D 27/11/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new Chambal Fertilisers & Chem. 90-D 24/11/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
down Motilal Oswal Financial 90-D 17/09/2020 Commercial Paper A1+ 0.00 - 2.44 1.87

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-Aug-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 29-Sep-2020

Growth: ₹ 1,308.2101

Dividend Weekly: ₹ 1,009.9553

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: 6.54%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 2,138 Cr (As on 31-Aug-2020)
Expense: 0.25% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily28-Sep-20200.0980

 27-Sep-20200.0902
 26-Sep-20200.0902
 25-Sep-20200.0938
 24-Sep-20200.0877
 23-Sep-20200.0792
 22-Sep-20200.0776
 21-Sep-20200.0844
 20-Sep-20200.0884
 19-Sep-20200.0884
 17-Sep-20200.0874
 16-Sep-20200.0781
 15-Sep-20200.0894
 14-Sep-20200.0943
 13-Sep-20200.0914
 12-Sep-20200.0914
 11-Sep-20200.0636
 10-Sep-20200.0820
 09-Sep-20200.0581
 08-Sep-20200.0669
 07-Sep-20200.0779
 06-Sep-20200.0846
 05-Sep-20200.0846
 04-Sep-20200.0871
 03-Sep-20200.0941
Dividend Weekly25-Sep-20200.6033

 18-Sep-20200.6173
 11-Sep-20200.5239
 04-Sep-20200.6332
 28-Aug-20200.6304
 21-Aug-20200.7105
 14-Aug-20200.7029
 07-Aug-20200.6770
 31-Jul-20200.6176
 24-Jul-20200.6272
 17-Jul-20200.6309
 10-Jul-20200.6400
 03-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

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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