Fund Overview
Fund Size
₹1,026 Cr
Expense Ratio
0.15%
ISIN
INF174V01044
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
04 Jul 2016
About this fund
As of 19-Apr-25, it has a Net Asset Value (NAV) of ₹1695.86, Assets Under Management (AUM) of 1025.78 Crores, and an expense ratio of 0.15%.
- Mahindra Manulife Liquid Fund Direct Growth has given a CAGR return of 6.19% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.70% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Liquid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.40%
+6.82% (Cat Avg.)
3 Years
+6.93%
+6.46% (Cat Avg.)
5 Years
+5.59%
+5.16% (Cat Avg.)
Since Inception
+6.19%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Others | ₹1,025.78 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Godrej Industries Limited | Cash - Commercial Paper | ₹49.86 Cr | 4.86% |
| 360 One Wam Limited 2025 | Cash - Commercial Paper | ₹49.7 Cr | 4.84% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.64 Cr | 4.84% |
| Tata Housing Development Company Limited | Cash - Commercial Paper | ₹49.43 Cr | 4.82% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹49.4 Cr | 4.82% |
| HDFC Bank Ltd. ** # | Cash - CD/Time Deposit | ₹49.35 Cr | 4.81% |
| 91 Days Tbill Red 19-06-2025 | Bond - Gov't/Treasury | ₹49.33 Cr | 4.81% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹49.31 Cr | 4.81% |
| HDFC Bank Ltd. ** # | Cash - CD/Time Deposit | ₹49.27 Cr | 4.80% |
| 91 Days Treasury Bill 26-Jun-2025 | Bond - Gov't/Treasury | ₹49.27 Cr | 4.80% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹49.21 Cr | 4.80% |
| Goi 22.04.2025 Gov | Bond - Gov't/Treasury | ₹29.89 Cr | 2.91% |
| Reverse Repo | Cash - Repurchase Agreement | ₹27.53 Cr | 2.68% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹24.86 Cr | 2.42% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹24.83 Cr | 2.42% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹24.81 Cr | 2.42% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹24.81 Cr | 2.42% |
| 182 DTB 15052025 | Bond - Gov't/Treasury | ₹24.81 Cr | 2.42% |
| PNb Housing Finance Limited | Cash - Commercial Paper | ₹24.76 Cr | 2.41% |
| Nuvama Wealth Management Ltd. | Cash - Commercial Paper | ₹24.74 Cr | 2.41% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹24.73 Cr | 2.41% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹24.71 Cr | 2.41% |
| Bank Of Baroda** | Cash - CD/Time Deposit | ₹24.69 Cr | 2.41% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹24.68 Cr | 2.41% |
| 182 DTB 27062025 | Bond - Gov't/Treasury | ₹24.63 Cr | 2.40% |
| Tata Housing Development Co Ltd. | Cash - Commercial Paper | ₹24.61 Cr | 2.40% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹24.59 Cr | 2.40% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹24.58 Cr | 2.40% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹19.91 Cr | 1.94% |
| 360 One Wam Limited** | Cash - Commercial Paper | ₹19.72 Cr | 1.92% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹3.1 Cr | 0.30% |
| India (Republic of) | Bond - Short-term Government Bills | ₹2.99 Cr | 0.29% |
| Net Receivables / (Payables) | Cash | ₹2.25 Cr | 0.22% |
| 91 Days Tbill Red 24-04-2025 | Bond - Gov't/Treasury | ₹1.99 Cr | 0.19% |
| 364 Days Tbill 2025 | Bond - Gov't/Treasury | ₹1.98 Cr | 0.19% |
| 91 DTB 10042025 | Bond - Gov't/Treasury | ₹1 Cr | 0.10% |
| Triparty Repo | Cash - Repurchase Agreement | ₹0.8 Cr | 0.08% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹633.26 Cr | 61.73% |
| Bond - Gov't/Treasury | ₹182.9 Cr | 17.83% |
| Cash - CD/Time Deposit | ₹172.95 Cr | 16.86% |
| Cash - Repurchase Agreement | ₹28.33 Cr | 2.76% |
| Mutual Fund - Open End | ₹3.1 Cr | 0.30% |
| Bond - Short-term Government Bills | ₹2.99 Cr | 0.29% |
| Cash | ₹2.25 Cr | 0.22% |
| Bond - Corporate Bond | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.29%
Cat. avg.
0.50%
Lower the better
Sharpe Ratio
This fund
2.49
Cat. avg.
-1.22
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.06
Higher the better
Fund Managers
Rahul Pal
Since July 2016
Amit Garg
Since June 2020
Additional Scheme Detailsas of 31st March 2025
ISIN INF174V01044 | Expense Ratio 0.15% | Exit Load No Charges | Fund Size ₹1,026 Cr | Age 8 years 9 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Liquid Debt A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Angel One Nifty 1D Rate Liquid ETF - Growth Low Risk | - | - | - | - |
| HDFC Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.8% | - | ₹25.37 Cr | 5.3% |
| Mirae Asset Nifty 1D Rate Liquid ETF Low Risk | 0.1% | - | ₹256.05 Cr | - |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹118.09 Cr | - |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹118.09 Cr | - |
| Groww Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹59.47 Cr | - |
| Bajaj Finserv Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹461.96 Cr | - |
| DSP S&P BSE Liquid Rate ETF Low Risk | 0.3% | - | ₹2686.33 Cr | 6.3% |
| HDFC Nifty 1D Rate Liquid ETF Low Risk | 0.5% | - | ₹29.44 Cr | 5.3% |
| Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹16,346 Cr
Address
570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
Other Funds by Mahindra Manulife Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
Take control of your wealth
Related Articles
Still got questions?
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What is the current NAV of Mahindra Manulife Liquid Fund Direct Growth?
What are the returns of Mahindra Manulife Liquid Fund Direct Growth?
What is the portfolio composition of Mahindra Manulife Liquid Fund Direct Growth?
Who manages the Mahindra Manulife Liquid Fund Direct Growth?
- Rahul Pal
- Amit Garg
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Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
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NAV (19-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,026 Cr
Expense Ratio
0.15%
ISIN
INF174V01044
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
04 Jul 2016
Risk Level
Your principal amount will be at Moderate Risk
About this fund
As of 19-Apr-25, it has a Net Asset Value (NAV) of ₹1695.86, Assets Under Management (AUM) of 1025.78 Crores, and an expense ratio of 0.15%.
- Mahindra Manulife Liquid Fund Direct Growth has given a CAGR return of 6.19% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.70% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Liquid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.40%
+6.82% (Cat Avg.)
3 Years
+6.93%
+6.46% (Cat Avg.)
5 Years
+5.59%
+5.16% (Cat Avg.)
Since Inception
+6.19%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Others | ₹1,025.78 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Godrej Industries Limited | Cash - Commercial Paper | ₹49.86 Cr | 4.86% |
| 360 One Wam Limited 2025 | Cash - Commercial Paper | ₹49.7 Cr | 4.84% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.64 Cr | 4.84% |
| Tata Housing Development Company Limited | Cash - Commercial Paper | ₹49.43 Cr | 4.82% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹49.4 Cr | 4.82% |
| HDFC Bank Ltd. ** # | Cash - CD/Time Deposit | ₹49.35 Cr | 4.81% |
| 91 Days Tbill Red 19-06-2025 | Bond - Gov't/Treasury | ₹49.33 Cr | 4.81% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹49.31 Cr | 4.81% |
| HDFC Bank Ltd. ** # | Cash - CD/Time Deposit | ₹49.27 Cr | 4.80% |
| 91 Days Treasury Bill 26-Jun-2025 | Bond - Gov't/Treasury | ₹49.27 Cr | 4.80% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹49.21 Cr | 4.80% |
| Goi 22.04.2025 Gov | Bond - Gov't/Treasury | ₹29.89 Cr | 2.91% |
| Reverse Repo | Cash - Repurchase Agreement | ₹27.53 Cr | 2.68% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹24.86 Cr | 2.42% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹24.83 Cr | 2.42% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹24.81 Cr | 2.42% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹24.81 Cr | 2.42% |
| 182 DTB 15052025 | Bond - Gov't/Treasury | ₹24.81 Cr | 2.42% |
| PNb Housing Finance Limited | Cash - Commercial Paper | ₹24.76 Cr | 2.41% |
| Nuvama Wealth Management Ltd. | Cash - Commercial Paper | ₹24.74 Cr | 2.41% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹24.73 Cr | 2.41% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹24.71 Cr | 2.41% |
| Bank Of Baroda** | Cash - CD/Time Deposit | ₹24.69 Cr | 2.41% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹24.68 Cr | 2.41% |
| 182 DTB 27062025 | Bond - Gov't/Treasury | ₹24.63 Cr | 2.40% |
| Tata Housing Development Co Ltd. | Cash - Commercial Paper | ₹24.61 Cr | 2.40% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹24.59 Cr | 2.40% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹24.58 Cr | 2.40% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹19.91 Cr | 1.94% |
| 360 One Wam Limited** | Cash - Commercial Paper | ₹19.72 Cr | 1.92% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹3.1 Cr | 0.30% |
| India (Republic of) | Bond - Short-term Government Bills | ₹2.99 Cr | 0.29% |
| Net Receivables / (Payables) | Cash | ₹2.25 Cr | 0.22% |
| 91 Days Tbill Red 24-04-2025 | Bond - Gov't/Treasury | ₹1.99 Cr | 0.19% |
| 364 Days Tbill 2025 | Bond - Gov't/Treasury | ₹1.98 Cr | 0.19% |
| 91 DTB 10042025 | Bond - Gov't/Treasury | ₹1 Cr | 0.10% |
| Triparty Repo | Cash - Repurchase Agreement | ₹0.8 Cr | 0.08% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹633.26 Cr | 61.73% |
| Bond - Gov't/Treasury | ₹182.9 Cr | 17.83% |
| Cash - CD/Time Deposit | ₹172.95 Cr | 16.86% |
| Cash - Repurchase Agreement | ₹28.33 Cr | 2.76% |
| Mutual Fund - Open End | ₹3.1 Cr | 0.30% |
| Bond - Short-term Government Bills | ₹2.99 Cr | 0.29% |
| Cash | ₹2.25 Cr | 0.22% |
| Bond - Corporate Bond | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.29%
Cat. avg.
0.50%
Lower the better
Sharpe Ratio
This fund
2.49
Cat. avg.
-1.22
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.06
Higher the better
Fund Managers
Rahul Pal
Since July 2016
Amit Garg
Since June 2020
Additional Scheme Detailsas of 31st March 2025
ISIN INF174V01044 | Expense Ratio 0.15% | Exit Load No Charges | Fund Size ₹1,026 Cr | Age 8 years 9 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Liquid Debt A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Angel One Nifty 1D Rate Liquid ETF - Growth Low Risk | - | - | - | - |
| HDFC Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.8% | - | ₹25.37 Cr | 5.3% |
| Mirae Asset Nifty 1D Rate Liquid ETF Low Risk | 0.1% | - | ₹256.05 Cr | - |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹118.09 Cr | - |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹118.09 Cr | - |
| Groww Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹59.47 Cr | - |
| Bajaj Finserv Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹461.96 Cr | - |
| DSP S&P BSE Liquid Rate ETF Low Risk | 0.3% | - | ₹2686.33 Cr | 6.3% |
| HDFC Nifty 1D Rate Liquid ETF Low Risk | 0.5% | - | ₹29.44 Cr | 5.3% |
| Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹16,346 Cr
Address
570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
Other Funds by Mahindra Manulife Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Liquid Fund Direct Growth?
What are the returns of Mahindra Manulife Liquid Fund Direct Growth?
What is the portfolio composition of Mahindra Manulife Liquid Fund Direct Growth?
Who manages the Mahindra Manulife Liquid Fund Direct Growth?
- Rahul Pal
- Amit Garg
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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