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Mahindra Liquid Fund(G)-Direct Plan

Mahindra Liquid Fund(G)-Direct Plan
Dividend Yearly
NA
Category
Debt - Liquid
52-week NAV high
1,216.97  (As on 23-04-2019)
52-week NAV low
1,130.07  (As on 23-04-2018)
Expense
0.12%  (As on 31-03-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.69 1.86 3.82 7.69 7.30 - - - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jul 04, 2016
Last Dividend
NA
Minimum Investment
1000

The Mahindra Liquid Fund - Direct Plan - Growth Option is an open-ended liquid scheme offered by Mahindra Mutual Fund which is managed by Mahindra Asset Management Company Private Ltd. The scheme invests in a portfolio comprising debt and money market securities. The direct plan of the scheme lets investors invest in the scheme directly with the fund house without the involvement of any intermediaries while the growth option offers capital gains at the conclusion of the scheme period.

Investment Objective

To offer reasonable returns to the investor accompanied with low risk and high liquidity through investment in money market and debt securities.

Key Features of the Scheme

The Mahindra Liquid Fund is ideal for investors who wish to invest in low risk securities while also growing their capital. The scheme exhibits the following features:

Type of Fund An open-ended liquid scheme
Plans Available Regular and Direct
Options Under Each Plan
  1. Growth Option
  2. Dividend Option
The dividend option offers daily and weekly reinvestment option
Risk Low
Systematic Investment Plan Not Available
Systematic Transfer Plan Available
Systematic Withdrawal Advantage Plan Not Available

Investment Amount for Mahindra Liquid Fund

Minimum Application Amount Rs.1,000 and in multiples of Re.1 thereafter
Minimum Additional Investment Rs.1,000 and in multiples of Re.1 thereafter
Minimum installment for Systematic Investment Plan (SIP) Not Available
Entry Load Not Applicable
Exit Load Nil

Asset Allocation for Mahindra Liquid Fund

Instruments Percentage of total assets Risk Profile
Minimum Maximum
Money market securities including Government securities, cash, CPs, repo, CDs, and Treasury Bills with maturity/residual maturity of 91 days or lesser 50% 100% Low
Debt securities including securitised debt and floating rate debt securities with maturity/residual maturity of 91 days or lesser 0% 50% Low to Medium

NAV Disclosure and Benchmark for Mahindra Liquid Fund

The Net Asset Value (NAV) of the Mahindra Liquid Fund is calculated by dividing the scheme’s net assets by the number of outstanding units on the date of valuation. The NAV is calculated on a daily basis and will be computed up to 4 decimal places. NAVs for each plan and option will be calculated and disclosed separately.

The website of the Association of Mutual Funds in India (AMFI) and Mahindra Mutual Fund will display the scheme’s NAV on www.amfiindia.com and www.mahindramutualfund.com, respectively by 9:00 p.m on each business day and it will be published in at least 2 newspapers with nationwide circulation.

Benchmark: CRISIL Liquid Fund Index

Fund Manager

Mr. Rahul Pal

The Mahindra Liquid Fund is managed by Mr. Rahul Pal since 4 July 2016. Mr. Pal joined Mahindra Mutual Fund in September 2015 and prior to this, he had worked with Taurus Asset Management Co. Ltd. and Sundaram Asset Management Co. Ltd. The other schemes managed by him include Mahindra Low Duration Bachat Yojana and Mahindra Dhan Sanchay Equity Savings Yojana (debt portion).

Why you should invest in the Mahindra Liquid Fund

  • Low volatility - Since the scheme invests in Certificates of Deposits (CDs), Commercial Papers, CBLO/Repos, and short term debt securities of NBFCs (Non Banking Financial Institutions) and corporates with maturity equivalent or less than 91 days, it is safe in times when the market volatility is high.
  • High liquidity - Being a liquid scheme, investors can invest in the units of the Mahindra Liquid Fund even for a duration as low as one day.
  • Offers better returns - When compared with the returns offered by savings account deposits, the returns provided by the Mahindra Liquid Fund is higher.
  • Short investment horizon - The Mahindra Liquid Fund is ideal for investors who wish to invest for a short duration ranging from 1 to 90 days.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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