Mahindra Liquid Fund - Regular Plan - Growth
Start your investment
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Exit Load||0.007% for 1 Days|
More about this fund
|6.35% Govt Stock 2020||1.97%|
|Aditya Birla Finance Limited||0.99%|
|91 DTB 19032020||0.97%|
About Mahindra Liquid Fund
Mahindra Liquid Fund is an open-ended scheme aimed at delivering reasonable returns by investing in money market and debt instruments. The scheme enables returns at lower risks and with higher liquidity. The fund invests in Commercial Papers, Certificate of Deposits, CBLO/ Repos and in short-term debt instruments of corporates and NBFCs, with maturity not more than 91 days.
Pros & Cons of Mahindra Liquid Fund
Mahindra Liquid Fund offers the following benefits: 1. The Mahindra liquid fund ensures your investments are comparatively safer during volatile market conditions. 2. The fund offers great liquidity options with the least time of investment being just one day. 3. Investors can get a better return than traditional savings account deposits. On the downside, the scheme is less than 3 years old.
Fund Information and Statistics of Mahindra Liquid Fund
i) Inception / Launch date
The Mahindra Liquid Fund was launched on July 4, 2016, by Mahindra Mutual Funds.
ii) Risk level
Being a liquid fund that invests in debts and money market instruments, the risk level with Mahindra liquid fund is low. It is suitable for investors with an investment horizon of up to 90 days.
The units can be redeemed on any business day based on the NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.
iv) Fund Manager
The fund is managed by Mr Rahul Pal since the inception of the scheme.
v) Entry / Exit load
The fund house does not charge any entry load or exit load for investment in Mahindra liquid fund.
Tax benefits of investing in Mahindra Liquid Fund
The Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months. Dividend Distribution Tax on Grossed up value of Dividend is 25% plus additional taxes as applicable.
About Mahindra Mutual Fund
Mahindra Mutual Fund was constituted as per the terms of the trust deed dated September 29, 2015, between the Mahindra and Mahindra Financial Services Limited. The fund house aims to offer a wide range of investment options to investors in semi-urban and rural regions.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Start your investment
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns