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5 star

Mahindra Manulife Liquid Fund - Direct 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 2.77 0.01 0.07 0.32 1.15 2.58 5.62 6.77 -- -- --
CCIL T Bill Liquidity Weight 2.06 -0.01 0.05 0.22 0.84 1.89 3.85 4.13 -- -- --
Debt: Liquid 2.59 0.01 0.06 0.29 1.03 2.41 5.29 6.46 -- -- --
Rank within category 13 4 4 9 7 13 6 4 -- -- --
Number of funds in category 39 39 39 39 39 39 39 35 34 33 1

As on 13-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 - Direct Plan
5 star
Jul-16 5.62 6.77 -- 0.14 2,144
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.63 6.75 7.08 0.21 36,679
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.59 6.75 7.07 0.19 30,604
Axis Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.55 6.71 7.04 0.15 27,032
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.61 6.71 7.04 0.21 17,858

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 0.89 (24-Mar-2020 - 23-Apr-2020) 0.11 (23-Feb-2020 - 24-Mar-2020)
Quarter 1.92 (26-Sep-2018 - 26-Dec-2018) 1.00 (24-Dec-2019 - 24-Mar-2020)
Year 7.74 (27-Apr-2018 - 29-Apr-2019) 5.62 (13-Jul-2019 - 12-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.61 0.27 4.78 6.52 0.38 1.77
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.33 0.50 3.67 4.95 0.58 1.73
Rank within category 5 3 5 5 5 18
Number of funds in category 35 35 35 35 35 35

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 38 59 34 40
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
new Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 6.97 6.97
new National Housing Bank 90-D 28/09/2020 Commercial Paper A1+ 0.00 - 4.63 4.63
up HDFC 351-D 13/08/2020 Commercial Paper A1+ 0.00 - 3.49 3.49
new Godrej Properties 91-D 23/09/2020 Commercial Paper A1+ 0.00 - 3.22 3.22
new Reserve Bank of India 91-D 03/09/2020 Treasury Bills SOV 0.00 - 2.78 2.78
equal Tata Power 90-D 25/08/2020 Commercial Paper A1+ 0.00 - 2.55 2.55
new Tata Cleantech Capital 91-D 25/09/2020 Commercial Paper A1+ 0.00 - 2.54 2.54
new ICICI Securities 90-D 17/09/2020 Commercial Paper A1+ 0.00 - 2.54 2.54
new 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 2.36 2.36
equal Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 2.33 2.33
equal BPCL 90-D 04/08/2020 Commercial Paper A1+ 0.00 - 2.33 2.33
equal Tata Capital Financial Services 180-D 28/07/2020 Commercial Paper A1+ 0.00 - 2.33 2.33
new NTPC 91-D 03/08/2020 Commercial Paper A1+ 0.00 - 2.33 2.33
equal Power Finance Corp. 90-D 28/07/2020 Commercial Paper A1+ 0.00 - 2.33 2.33
new National Bank Agr. Rur. Devp 170-D 31/07/2020 Commercial Paper A1+ 0.00 - 2.33 2.33
equal Bajaj Finance 91-D 17/08/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new National Housing Bank 88-D 11/09/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 2.32 2.32
new Axis Bank 19/08/2020 Certificate of Deposit A1+ 0.00 - 2.32 2.32
new NTPC 91-D 31/08/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new NTPC 91-D 22/09/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new Reliance Jio Infocomm 90-D 10/09/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new Reliance Industries 91-D 16/09/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new LIC Housing Fin. 329-D 11/09/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new Ultratech Cement 90-D 24/09/2020 Commercial Paper A1+ 0.00 - 2.31 2.31

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 30-Jun-2020

*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 13-Jul-2020

Growth: ₹ 1,305.7960

Dividend Weekly: ₹ 1,003.4437

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: 6.85%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 2,144 Cr (As on 30-Jun-2020)
Expense: 0.14% (As on 31-May-2020)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily12-Jul-20200.0922

 11-Jul-20200.0921
 10-Jul-20200.0952
 09-Jul-20200.1079
 08-Jul-20200.1110
 07-Jul-20200.0905
 06-Jul-20200.0668
 05-Jul-20200.0917
 04-Jul-20200.0918
 03-Jul-20200.0779
 02-Jul-20200.0886
 01-Jul-20200.1947
 30-Jun-20200.0922
 29-Jun-20200.1393
 28-Jun-20200.0933
 27-Jun-20200.0930
 26-Jun-20200.1043
 25-Jun-20200.1264
 24-Jun-20200.1025
 23-Jun-20200.1134
 22-Jun-20200.1323
 21-Jun-20200.0914
 20-Jun-20200.0915
 19-Jun-20200.1444
 18-Jun-20200.0982
Dividend Weekly10-Jul-20200.6566

 03-Jul-20200.7807
 26-Jun-20200.7641
 19-Jun-20200.8387
 12-Jun-20200.8415
 05-Jun-20200.6771
 29-May-20200.7429
 22-May-20200.9339
 15-May-20201.1904
 08-May-20201.2188
 30-Apr-20200.4278
 24-Apr-20201.3211
 17-Apr-20201.3641
 09-Apr-20200.5934
 03-Apr-20201.5998
 27-Mar-20201.8075
 13-Mar-20200.6986
 06-Mar-20200.8318
 28-Feb-20200.7927
 20-Feb-20200.6250
 14-Feb-20200.7691
 07-Feb-20200.7460
 31-Jan-20200.7572
 24-Jan-20200.7565
 17-Jan-20200.7033

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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