Mahindra Manulife Liquid Fund Regular Plan Growth
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|Risk||Low to Moderate Risk|
|Exit Load||0.007% for 1 Days|
More about this fund
|Hindustan Petroleum Corporation Limited||6.15%|
|91 DTB 26082021||6.14%|
|Motilal Oswal Financial Services Limited||4.02%|
|National Bank For Agriculture and Rural Development||3.09%|
|91 DTB 11062021||3.09%|
|364 DTB 03062021||3.09%|
|Reliance Industries Limited||3.09%|
|Export-Import Bank Of India||3.09%|
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.
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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