Sharpe ratio
-5.05Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.62%1Y Absolute Return
+0.04%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mahindra Manulife Liquid Fund - Direct Plan -GrowthFund 5Y annualised return | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age10.4 yrs
Fund information
Scheme code139538
ISININF174V01044
BenchmarkCRISIL Liquid Debt A-I Index
CategoryDebt Scheme - Liquid Fund
Expense ratio0.15%
Exit loadExit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Minimum SIP₹500 SIP
Return comparison
12th / 360 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +7.05% | — | — |
| 3M | +6.42% | — | — |
| 6M | +6.72% | — | — |
| 1Y | +6.62% | — | -3.10% |
| 3Y | +6.94% | — | -0.91% |
| 5Y | +6.50% | — | -1.97% |
| 10Y | +6.19% | — | — |
| Since Launch | +6.23% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-28.36Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
0.28%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
28.33How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio108%
Debt107.99%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 35 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| GOVERNMENT OF INDIA 37391 091 DAYS TBILL 23JL26 FV RS 100 | Financial | Treasury Bills | 9.78% |
| LIC HOUSING FINANCE LTD TR 443 7.8650 NCD 20AG26 FVRS1LAC | Financial | Debenture | 6.38% |
| TATA REALTY AND INFRASTRUCTURE LIMITED 91D CP 28JUL26 | Industrials | Commercial Paper | 4.88% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 17AUG26 | Financial | Commercial Paper | 4.87% |
| HDFC Bank Limited (25/08/2026) ** # | Financial | Certificate of Deposit | 4.86% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT 91D CP 11SEP26 | Financial | Commercial Paper | 4.85% |
| BANK OF BARODA CD 10SEP26 | Financial | Certificate of Deposit | 4.85% |
| Small Industries Development Bank Of India (21/09/2026) ** | Financial | Commercial Paper | 4.84% |
| EXPORT IMPORT BANK OF INDIA 91D CP 22SEP26 | Financial | Certificate of Deposit | 4.84% |
| HDFC BANK LIMITED CD 21SEP26 | Financial | Certificate of Deposit | 4.84% |
Fund management
RA
Rahul Pal
Since 2016 · Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Mr. Pal is a B.Com (H) and Chartered Accountant.
AM
Amit Garg
Since 2020 · Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.
Mr Garg is a B.Com, MMS Finance, CFA
Compare similar funds
No comparable category funds are available yet.
Summary
A moderate-risk debt scheme - liquid fund. Same fund manager for 10+ years — the strategy has not chopped and changed.
Strengths
- Same fund manager for 10+ years — the strategy has not chopped and changed.
- Ranks 12 of 360 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None