Mahindra Manulife Liquid Fund - Direct (G)

Liquid Fund

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NAV
1782.19(0.02%)
Fund Size (CR)
₹1,158.64
Expense Ratio
0.15
Scheme Type
Active Fund
Value Research
-

Min. investment
₹1,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹
Minimum Withdrawal
₹1
Exit Load
0.007%
Return Since Launch
6.19%

Absolute Return: 1.51%

Annualized Return: 0%

Basic Details

Scheme Manager

Rahul Pal

Bench Mark

CRISIL Liquid Debt A-I Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	6 February 2026	10013.49	0.13%	-	0.09%	17/396
1 Month	13 January 2026	10054.27	0.54%	-	0.46%	40/396
3 Month	13 November 2025	10151.16	1.51%	-	1.33%	42/384
6 Month	13 August 2025	10300.62	3.01%	-	2.67%	32/375
1 Year	13 February 2025	10646.46	6.46%	6.46%	5.93%	69/369
3 Year	13 February 2023	12272.77	22.73%	7.06%	6.59%	36/345
5 Year	13 February 2021	13379.36	33.79%	5.99%	5.60%	32/336
Since Inception	4 July 2016	17813.31	78.13%	6.19%	57.99%	233/396

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 March 2025	1,20,000	123696.43	3.08%	3.08%
3 Year	1 March 2023	3,60,000	398376.68	10.66%	3.43%
5 Year	1 March 2021	6,00,000	707974.52	18.00%	3.36%
10 Year	1 August 2016	11,50,000	1548678.12	34.67%	3.02%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.06%

Standard Deviation

0.00%

Beta

6.32%

Sharpe Ratio

2.94%

Treynor's Ratio

1.19%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
There's no data available of Stock Holdings

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mahindra Manulife Liquid Fund - Direct (G)	1158.64	0.54%	1.51%	3.01%	6.46%	7.06%
Bandhan Liquid Fund - Direct (IDCW-D)	15367.16	0.69%	2.01%	3.95%	8.57%	9.22%
TRUSTMF Liquid Fund - Direct (IDCW-D) RI	752.28	0.61%	1.72%	3.67%	7.98%	9.03%
Motilal Oswal Liquid Fund - Direct (IDCW-F) RI	1105.41	0.13%	1.07%	2.49%	7.83%	7.25%
Union Liquid Fund - Direct (IDCW-W)	7388.78	0.50%	1.50%	2.87%	7.28%	7.31%
Canara Robeco Liquid Fund - Direct (IDCW-M)	5793.54	0.53%	1.49%	2.98%	7.22%	7.03%

List of Schemes under Mahindra Manulife Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Mahindra Manulife Multi Cap Fund	Equity	Very High	15.89%	3	₹6,045.74
Mahindra Manulife Large Cap Fund	Equity	Very High	12.87%	4	₹739.65
Mahindra Manulife Large & Mid Cap Fund	Equity	Very High	13.25%	3	₹2,738.71
Mahindra Manulife Mid Cap Fund	Equity	Very High	16.72%	4	₹4,267.43
Mahindra Manulife Small Cap Fund	Equity	Very High	12.43%	0	₹3,994.87
Mahindra Manulife Value Fund	Equity	Very High	0%	0	₹678.95
Mahindra Manulife Focused Fund	Equity	Very High	13.5%	4	₹2,207.80
Mahindra Manulife Consumption Fund	Equity	Very High	8.3%	2	₹511.89
Mahindra Manulife Business Cycle Fund	Equity	Very High	18.47%	0	₹1,289.75
Mahindra Manulife Manufacturing Fund	Equity	Very High	18.19%	0	₹685.42
Mahindra Manulife Banking & Financial Services Fund	Equity	Very High	0%	0	₹404.91
Mahindra Manulife Innovation Opportunities Fund	Equity	Very High	0%	0	₹151.70
Mahindra Manulife ELSS Tax Saver Fund	Equity	Very High	13.29%	3	₹938.26
Mahindra Manulife Overnight Fund	Debt	Low	5.65%	3	₹136.57
Mahindra Manulife Liquid Fund	Debt	Moderate	6.46%	3	₹1,158.64
Mahindra Manulife Ultra Short Duration Fund	Debt	Moderately Low	7%	4	₹210.12
Mahindra Manulife Low Duration Fund	Debt	Moderate	7.52%	4	₹581.52
Mahindra Manulife Short Duration Fund	Debt	Moderate	7.82%	4	₹89.21
Mahindra Manulife Dynamic Bond Fund	Debt	Moderate	6.68%	3	₹74.10
Mahindra Manulife Aggressive Hybrid Fund	Hybrid	Very High	12.87%	4	₹2,114.91
Mahindra Manulife Balanced Advantage Fund	Hybrid	Moderately High	10.61%	3	₹912.79
Mahindra Manulife Multi Asset Allocation Fund	Hybrid	High	25.94%	0	₹1,028.28
Mahindra Manulife Arbitrage Fund	Hybrid	Low	6.18%	2	₹97.27
Mahindra Manulife Equity Savings Fund	Hybrid	Moderately High	11.06%	2	₹555.78
Mahindra Manulife Asia Pacific REITs FOF	Other	Very High	31.96%	0	₹44.06
Mahindra Manulife Income Plus Arbitrage Active FOF	Other	Moderately Low	0%	0	₹26.51
Mahindra Manulife Flexi Cap Fund	Equity	Very High	13.07%	4	₹1,549.15

News

Mahindra Manulife Mutual Fund announces change in fund manager under its schemes

Mahindra Manulife Mutual Fund has announced change in fund manager under the following schemes, With effect from 16 February 2026.

Change in Fund Manager:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mahindra Manulife ELSS Tax Saver Fund	Ms. Fatema Pacha	1. Ms. Fatema Pacha 2. Mr. Neelesh Dhamnaskar
Mahindra Manulife Flexi Cap Fund	Ms. Fatema Pacha	1. Ms. Fatema Pacha 2. Mr. Neelesh Dhamnaskar
Mahindra Manulife Large & Mid Cap Fund	Ms. Kirti Dalvi	1. Mr. Neelesh Dhamnaskar 2. Ms. Kirti Dalvi
Mahindra Manulife Mid Cap Fund	1. Ms. Kirti Dalvi 2. Mr. Krishna Sanghavi	1. Ms. Kirti Dalvi 2. Mr. Neelesh Dhamnaskar 3. Mr. Krishna Sanghavi
Mahindra Manulife Small Cap Fund	1. Mr. Vishal Jajoo 2. Mr. Krishna Sanghavi	1. Mr. Vishal Jajoo 2. Mr. Neelesh Dhamnaskar 3. Mr. Krishna Sanghavi
Mahindra Manulife Balanced Advantage Fund	1. Ms. Fatema Pacha (Equity portion) 2. Mr. Rahul Pal (Debt portion) 3. Mr. Amit Garg (Debt Portion)	1. Mr. Neelesh Dhamnaskar (Equity portion) 2. Ms. Fatema Pacha (Equity portion) 3. Mr. Rahul Pal (Debt portion) 4. Mr. Amit Garg (Debt portion)

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Mahindra Manulife Mutual Fund announces change in Key Personnel
Mahindra Manulife Mutual Fund has announced that Mr. Neelesh Dhamnaskar has been appointed as Fund Manager - Equity with effect from February 10, 2026 ('Effective Date').
Details of Mr. Neelesh Dhamnaskar
Age: 45 years
Designation: Fund Manager - Equity
Qualification: B COM & MMS (Finance)
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Mahindra Manulife MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mahindra Manulife Mutual Fund has announced 09 February 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Mahindra Manulife Aggressive Hybrid Fund:
Regular Plan Monthly ' IDCW: 0.18
Direct Plan Monthly ' IDCW: 0.18
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Fund House Details & Investment Objective

Date of Incorporation

4 July 2016

Total AUM (Cr)

₹1158.63

Mahindra Manulife Liquid Fund - Direct (G) is an Liquid Fund-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in 4 July 2016, this fund is managed by Rahul Pal. With assets under management (AUM) worth ₹1,158.64 (Cr), as of 16 February 2026, Mahindra Manulife Liquid Fund - Direct (G) is categorized as a Liquid Fund within its segment. The fund has generated a return of 6.19% since its launch.
The current NAV of Mahindra Manulife Liquid Fund - Direct (G) is ₹1,782.19, as on 16 February 2026. The fund's benchmark index is CRISIL Liquid Debt A-I Index. You can invest in Mahindra Manulife Liquid Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 7.06% and 5.99% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.73% in Debt and 0.27% in cash and cash equivalents.