MAHINDRA MANULIFE LIQUID FUND
(An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk.)
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| Data as on 30th, June 2024 | ||||
| Investment Objective | The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. | ||||||||||||||||||
| Fund Features | Low volatility: Relatively safer during times of high market volatility as liquid funds usually invest in Commercial Papers, Certificate of Deposits, CBLO/ Repos and in short term debt instruments with maturity profile of not more than 91 days. Easy liquidity: Investors can invest in liquid funds even for a day. Cash Management Tool for treasuries of any size: Optimal utilization of idle cash for cash management purposes. |
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| Fund Manager and Experience | Fund Manager: Mr. Rahul Pal Total Experience: 22 years Experience in managing this fund: 8 years (managing since July 04, 2016) Fund Manager: Mr. Amit Garg Total Experience: 19 years Experience in managing this fund: 4 years and 1 month (Managing since June 8, 2020) |
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| Date of allotment | July 4, 2016 | ||||||||||||||||||
| Benchmark | CRISIL Liquid Debt A-I Index | ||||||||||||||||||
| Available Plans for subscription by investors | Direct (Default) and Regular | ||||||||||||||||||
| Available Options under each plan | Growth (Default) and IDCW |
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| Available Facilities under IDCW Option | IDCW Reinvestment (Daily (Default) and Weekly) | ||||||||||||||||||
| Minimum Application Amount | Rs. 1,000/- and in multiples of Re. 1/- thereafter | ||||||||||||||||||
| Minimum Additional Purchase Amount | Rs. 1,000/- and in multiples of Re. 1/- thereafter | ||||||||||||||||||
| Minimum Repurchase / Redemption Amount | Rs. 1,000/- or 1 unit or account balance, whichever is lower | ||||||||||||||||||
| Monthly AAUM as on June 30, 2024 (Rs. in Cr.): | 1,259.92 | ||||||||||||||||||
| Quarterly AAUM as on June 30, 2024 (Rs. in Cr.): | 1,162.94 | ||||||||||||||||||
| Monthly AUM as on June 30, 2024 (Rs. in Cr.): | 1,148.76 | ||||||||||||||||||
| Total Expense Ratio1 as on June 30, 2024: | Regular Plan: 0.26% Direct Plan: 0.15% 1Includes additional expenses charged in terms of Regulation 52(6A)(b)of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax. |
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| Load Structure: | Entry Load: N.A. Exit Load:
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| Annualised Portfolio YTM*2: | 7.32% |
| Macaulay Duration: | 57.59 days |
| Modified Duration: | 0.16 |
| Residual Maturity: | 57.64 days |
| As on (Date) | June 30, 2024 |
| *In case of semi annual YTM, it will be annualised 2Yield to maturity should not be construed as minimum return offered by the Scheme |
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NAV as on June 30, 2024
| NAV/Unit | Regular Plan (In Rs.) |
Direct Plan (In Rs.) |
| Daily IDCW |
1000.5686 |
1126.9279 |
| Weekly IDCW |
1009.9682 |
1003.5487 |
| Growth | 1585.6365 |
1600.8604 |
| IDCW: Income Distribution cum Capital Withdrawal |
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Issuer |
Rating |
% of Net Assets |
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| Certificate of Deposit | 25.77% |
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HDFC Bank Limited | CARE A1+ |
6.44% |
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Punjab National Bank | CRISIL A1+ / ICRA A1+ |
6.43% |
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Union Bank of India | ICRA A1+ |
4.29% |
| Axis Bank Limited | CRISIL A1+ |
2.16% |
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| Bank of Baroda | FITCH A1+ |
2.16% |
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| The Federal Bank Limited | CRISIL A1+ |
2.16% |
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| Kotak Mahindra Bank Limited | CRISIL A1+ |
2.14% |
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| Commercial Paper | 45.67% |
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National Bank For Agriculture and Rural Development | CRISIL A1+ |
6.48% |
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NTPC Limited | CRISIL A1+ |
4.33% |
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Julius Baer Capital India Pvt Ltd | CRISIL A1+ |
4.31% |
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Small Industries Dev Bank of India | CRISIL A1+ |
4.30% |
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Godrej Properties Limited | ICRA A1+ |
4.28% |
| Motilal Oswal Financial Services Limited | CRISIL A1+ |
3.88% |
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| Kotak Securities Limited | CRISIL A1+ |
3.47% |
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| Shriram Finance Limited | CRISIL A1+ |
2.16% |
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| Larsen & Toubro Limited | CRISIL A1+ |
2.16% |
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| 360 One WAM Limited | ICRA A1+ |
2.16% |
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| 360 One Prime Limited | CRISIL A1+ |
2.15% |
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| Tata Projects Limited | CRISIL A1+ |
2.14% |
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| Tata Housing Development Company Limited | CARE A1+ |
2.14% |
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| Birla Group Holdings Private Limited | CRISIL A1+ |
1.71% |
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| Corporate Bond | 5.49% |
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| PNB Housing Finance Limited | CRISIL AA+ |
3.31% |
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| LIC Housing Finance Limited | CRISIL AAA |
2.17% |
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| Corporate Debt Market Development Fund | 0.13% |
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| Corporate Debt Market Development Fund Class A2 | 0.13% |
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| Treasury Bill | 19.66% |
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91 Days Tbill (MD 26/09/2024) | SOV |
8.57% |
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182 Days Tbill (MD 05/09/2024) | SOV |
4.30% |
| 91 Days Tbill (MD 25/07/2024) | SOV |
2.17% |
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| 182 Days Tbill (MD 08/08/2024) | SOV |
2.16% |
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| 91 Days Tbill (MD 08/08/2024) | SOV |
2.16% |
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| 182 Days Tbill (MD 26/09/2024) | SOV |
0.30% |
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| Cash & Other Receivables | 3.28% |
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| Grand Total | 100.00% |
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| ( Top Ten Holdings - Issuer wise) as on June 30, 2024 |
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| Mahindra Manulife Liquid Fund | Simple Annualised Returns (%) |
CAGR Returns (%) |
Value of Investment of Rs. 10,000* |
NAV / Index Value (as on June 30, 2024) |
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| Managed by Mr. Rahul Pal and Mr. Amit Garg | 7 Days |
15 Days |
30 Days |
1 Year |
3 Years |
5 Years |
Since Inception |
1 Year |
3 Years |
5 Years |
Since Inception |
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| Regular Plan - Growth Option | 6.89 |
6.89 |
6.97 |
7.29 |
5.76 |
5.24 |
5.94 |
10,731 |
11,832 |
12,912 |
15,856 |
1,585.6365 |
| Direct Plan - Growth Option | 7.01 |
7.01 |
7.09 |
7.40 |
5.88 |
5.35 |
6.06 |
10,743 |
11,872 |
12,983 |
16,009 |
1,600.8604 |
| CRISIL Liquid Debt A-I Index^ | 6.85 |
6.84 |
6.95 |
7.29 |
5.85 |
5.29 |
5.89 |
10,731 |
11,862 |
12,945 |
15,801 |
4,039.35 |
| CRISIL 1 Year T-Bill Index^^ | 7.95 |
7.93 |
7.62 |
7.13 |
5.50 |
5.55 |
6.00 |
10,715 |
11,745 |
13,105 |
15,931 |
7,228.08 |
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 04-Jul-16. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 1,000 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr Amit Garg is managing the scheme since June 8, 2020. Performance as on June 30, 2024. Note: As June 29, 2024 and June 30, 2024, were non business days, the schemes returns disclosed are as on June 28, 2024, , except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of June 30, 2024. For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode
**Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS
**Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS
Product Suitability |
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| This Product is Suitable for investors who are seeking* | |
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Scheme Riskometers |
Benchmark Riskometers |
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 Scheme Benchmark: CRISIL Liquid Debt A-I Index |
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them. |
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| Refere to the PRCM disclosure click here | |