This 5-Star Rated Liquid Fund Has Given 7.39% Returns In 2 Years

Liquid funds are a great place to park your contingency fund and also to earn some extra percentage of returns over it compares to a saving account. These funds are liquid in nature and offer quick redemption. This liquid fund, highlighter here has given good returns and comes from of the big asset management companies of India. Check returns and portfolio!

Mahindra Manulife Liquid Fund - Direct Plan-Growth

Launched on 04th July 2016, it is a liquid debt liquid fund from the Mahindra Manulife Mutual Funds. It is an open-ended small-sized fund f its category. The fund's Assets Under Management (AUM) is Rs 1665.44. The NAV of this fund declared on 06 April 2022 is Rs 1385.055. Its expense ratio is 0.14%, which is close but less than its category average. 

As this fund is a debt fund, its risk level is low, low to moderate. However, it has given below-average performance among peer funds over the years. This fund is rated 5-Star by Value Research. This fund aims to offer decent returns with low risk and higher liquidity. For SIP in this fund, the minimum amount required is Rs 500, whereas, for lump-sum, the minimum amount required is Rs 1000. 

Absolute And Annualised Returns

Lump-Sum investment Returns

Investment Period	Absolute Returns	Annualised Returns
1 Year	3.53%	3.53%
2 Year	7.39%	3.63%
3 Year	14.21%	4.52%
5 Year	31.46%	5.62%
Since Inception	38.48%	5.82%

SIP Returns

SIP Period	Absolute Returns	Annualised Returns
1 Year	1.94%	3.61%
2 Year	3.70%	3.53%
3 Year	6.09%	3.87%
5 Year	12.96%	4.82%

Portfolio

The fund has a debt investment of 65.18 per cent, with 12.25 per cent in government securities and 52.93 per cent in funds investing in extremely low-risk securities.

The fund's credit profile is moderate, indicating that it has loaned to borrowers of high quality. As the majority of funds in this category lend to stronger borrowers, the risk of default in this fund is higher than in the category.

The fund's top holdings include the Reserve Bank of India, Bajaj Housing Finance Ltd., Motilal Oswal Financial Services Ltd., the Government of India, and Small Industries Development Bank of India Ltd.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.