Mahindra Liquid Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was introduced to investors on 03 Jul 2016. Rahul Pal is the Current Fund Manager of Mahindra Liquid Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹2,459 Cr and the Latest NAV as of 13 Oct 2019 is ₹1255.75.
The Mahindra Liquid Fund Direct Growth is rated Very Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Nil.
The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Returns are taxed as per your Income Tax slab, if sold before 3 years
Negligible Tax (20% with indexation benefit) post 3 years
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment