Mutual Fund
Mahindra Manulife Liquid Fund
The Mahindra Manulife Liquid Fund is a debt mutual fund designed to deliver reasonable market-related returns with lower risk and higher liquidity by investing in a portfolio of money market and debt instruments.
Fund Overview:
- Asset Class: Debt
- Asset Sub-Class: Liquid
Performance Metrics:
| Time Period |
Return Rate (%) |
| 1-Year |
7.26 |
| 3-Year |
6.66 |
| 5-Year |
5.42 |
| Since Inception |
6.03 |
Note: XIRR and CAGR are not specifically provided; however, the since inception return can be considered as CAGR.
Fund Details:
- Expense Ratio: 0.26%
- Minimum Investment Amount:
- Lump Sum: ₹1,000
- SIP: ₹500
- Lock-in Period: None
- Exit Load: Applicable as follows:
- Day 1: 0.0070%
- Day 2: 0.0065%
- Day 3: 0.0060%
- Day 4: 0.0055%
- Day 5: 0.0050%
- Day 6: 0.0045%
- Day 7 onwards: 0.0000%
Asset Allocation (as of February 28, 2025):
- Debt Instruments: 97.89%
- Cash & Cash Equivalents: 2.11%
Top Holdings:
- Reserve Bank of India T-Bills 91-D 28/03/2025: 9.47%
- Punjab National Bank CD 27/03/2025: 5.64%
- Reliance Retail Ventures Ltd CP 73-D 17/03/2025: 3.77%
- Godrej Properties Ltd CP 41-D 27/03/2025: 3.76%
- Bank Of Baroda CD 24/04/2025: 3.74%
Fund Manager:
- Name: Rahul Pal
- Experience: Managing this fund since its inception on July 4, 2016
This fund is suitable for investors seeking low-risk investment options with high liquidity and reasonable returns over short-term periods.