Investment Objective and Approach

The scheme seeks to deliver reasonable market-related returns with lower risk and higher liquidity through a portfolio of money market and debt instruments. This liquid fund is designed as a short-term debt instrument that invests primarily in money market securities and debt instruments with maturity periods typically up to 91 days.

Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account. They deliver steady, but low returns making them ideal for investors seeking capital preservation with modest growth potential.

The fund's investment approach focuses on:

- High-quality money market instruments

- Government securities with short tenure

- Commercial papers from creditworthy companies

- Bank deposits and certificate of deposits

- Maintaining high liquidity for quick redemptions

Fund Managers

Rahul Pal is the current Fund Manager of Mahindra Manulife Liquid Fund. Mr. Pal is a B.Com (H) and Chartered Accountant. Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.

The scheme is currently managed by fund managers Rahul Pal and Amit Garg. Mr Garg is a Chartered Financial Analyst (CFA) and also holds an MMS degree in Finance. Mr Garg manages the following funds Mahindra Manulife Ultra Short Term Fund, Mahindra Manulife Liquid Fund, and Mahindra Manulife Overnight Fund. He has more than 16 years of experience in dealing with Fixed Income securities. Before joining Mahindra, he was associated with Daiwa Asset Management Private Limited.

About the Fund House (AMC)

Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd. joined hands together to bring Mahindra Manulife Mutual Funds into the Indian mutual fund market. With a customer-centric approach and a brilliant track record of fulfilling customer goals, the entity has been one of the top-notch members of the industry. Mahindra & Mahindra Financial Services Limited and Manulife Investment Management together bring a perfect blend of global wealth and asset management skills.

Key highlights of the AMC:

- AUM of over Rs 19,091.98 crore (as on Mar 2024)

- The company manages 22 schemes. This includes 11 equity schemes, 5 hybrid schemes, 4 debt schemes and 2 money market schemes.

- The company is led by its CEO Anthony Heredia.

- It is registered with SEBI under the registration number MF/069/16/01.

Mahindra Manulife Mutual Funds brings forth a diverse set of mutual funds, including multi-cap, large-cap, mid-cap, flexi-cap, small-cap, aggressive hybrid, ELSS, etc.

Should I Invest in Mahindra Manulife Liquid Fund?

This liquid fund is suitable for investors who:

Should Consider:

- Need a parking space for emergency funds or short-term surplus money

- Want better returns than savings accounts with similar liquidity

- Seek low-risk investment options for durations of few weeks to one year

- The fund is rated Moderate risk, making it appropriate for conservative investors

- Want quick access to funds without significant exit penalties

Key Fund Metrics (as per latest available data):

- AUM of ₹4,742 Cr and Latest NAV as of 01 Jul 2025 is ₹1,717.83

- Expense ratio of 0.15 (direct plan)

- It has delivered 6.03% returns since inception

- Minimum investment required is ₹1,000 for lump sum and ₹500 for SIP

Investment Considerations:

- The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

- They are not suitable to build wealth in the long run.

- Ideal for investors with short-term financial goals and liquidity requirements

FAQs

What is today's NAV of Mahindra Manulife Liquid Fund?

The NAV varies daily based on market conditions. You can check the current NAV on Allvest platform or the fund house website for real-time updates.

What is the AUM of Mahindra Manulife Liquid Fund?

The fund currently has an Asset Under Management (AUM) of ₹4,742 Cr as of 01 Jul 2025.

What is the expense ratio of Mahindra Manulife Liquid Fund?

The expense ratio of Mahindra Manulife Liquid Fund - Direct Plan is 0.15. Regular plan will have a higher expense ratio.

What are the returns of Mahindra Manulife Liquid Fund since inception?

It has delivered 6.03% returns since inception. The scheme return performance in last 1 year is 7.21%, in last 3 years is 22.86% and 72.28% since scheme launch.

What is the minimum SIP amount to invest in Mahindra Manulife Liquid Fund?

The minimum SIP amount is ₹500 and minimum lumpsum investment is ₹1,000.

How do I invest in Mahindra Manulife Liquid Fund?

You can invest in this fund through Allvest platform by completing your KYC, selecting the fund, choosing investment amount and payment mode. Allvest offers both direct and regular plan options.

How to start a SIP in Mahindra Manulife Liquid Fund?

Log into your Allvest account, select Mahindra Manulife Liquid Fund, choose 'Start SIP' option, set the monthly amount (minimum ₹500) and select your preferred date for auto-debit.

How do I automate an SIP in Mahindra Manulife Liquid Fund?

Through Allvest, set up auto-debit mandate by providing bank details and authorization. The SIP will automatically deduct the specified amount monthly from your linked bank account.

How can I withdraw/redeem my investment in Mahindra Manulife Liquid Fund?

You can redeem your investment through Allvest platform by selecting the fund and choosing partial or full redemption. Exit load applies: 0.0070% if redeemed within 1 day, reducing gradually to 0.0045% if redeemed within 6 days.