Should I invest in Mahindra Manulife Liquid Fund?

We don't give personal investment advice. Mahindra Manulife Liquid Fund - Regular Plan - Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 6.17%.

Mahindra Manulife

Mahindra Manulife Liquid Fund - Regular Plan - Growth

Latest NAV

₹1,811.1439

As of

19 Jul 2026

2,882 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.02%	+0.03%	-0.01	17 / 19	Q4
1W	+0.11%	+0.11%	+0.00	3 / 19	Q1
2W	+0.19%	+0.20%	0.00	16 / 19	Q4
1M	+0.53%	+0.51%	+0.02	7 / 19	Q2
3M	+1.55%	+1.51%	+0.04	7 / 19	Q2
6M	+3.31%	+3.20%	+0.11	7 / 19	Q2
YTD	+3.54%	+3.43%	+0.11	7 / 19	Q2
1Y	+6.25%	+6.09%	+0.15	5 / 16	Q2
2Y	+6.68%	+6.52%	+0.17	4 / 14	Q2
3Y	+6.88%	+6.71%	+0.17	4 / 14	Q2
4Y	+6.80%	+6.61%	+0.19	2 / 13	Q1
5Y	+6.17%	+5.99%	+0.18	2 / 13	Q1
7Y	+5.65%	+5.40%	+0.25	2 / 12	Q1
10Y	+6.08%	+5.96%	+0.13	2 / 6	Q2
Inception	+6.09%	+5.78%	+0.31	8 / 19	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.54%	+3.43%	+0.11	7 / 19
2025	+6.48%	+6.31%	+0.17	4 / 15
2024	+7.33%	+7.15%	+0.18	3 / 14
2023	+7.03%	+6.81%	+0.22	2 / 13
2022	+4.86%	+4.69%	+0.17	2 / 13
2021	+3.30%	+3.13%	+0.17	2 / 12
2020	+4.27%	+3.74%	+0.53	1 / 12
2019	+6.71%	+6.25%	+0.47	1 / 10
2018	+7.37%	+7.20%	+0.16	5 / 8
2017	+6.65%	+6.60%	+0.05	4 / 7
2016	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+6.03%

111 windows

min 3.2% · max 7.6%

100% positive

3-Year rolling

+5.78%

86 windows

min 4.1% · max 7.1%

100% positive

5-Year rolling

+5.49%

62 windows

min 5.2% · max 6.2%

100% positive

7-Year rolling

+5.76%

38 windows

min 5.6% · max 5.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.26%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.01%

Jul 2026 → Jul 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Liquid Fund

Scheme	Fund house	NAV	As of
Quantum Liquid Fund - Regular Plan Growth Option	Quantum	₹37.0950	19 Jul 2026
Motilal Oswal Liquid Fund - Regular Growth	Motilal Oswal	₹14.6458	19 Jul 2026
Parag Parikh Liquid Fund- Regular Plan- Growth	Parag Parikh	₹1,543.1155	19 Jul 2026
Edelweiss Liquid Fund - Regular Plan - Growth Option	Edelweiss	₹3,561.8564	19 Jul 2026
HSBC Liquid Fund - Regular Growth	HSBC	₹2,775.1407	19 Jul 2026
Axis Liquid Fund - Regular Plan - Growth Option	Axis	₹3,101.6270	19 Jul 2026
360 ONE LIQUID FUND REGULAR PLAN GROWTH	360 ONE	₹2,137.9722	19 Jul 2026
Abakkus Liquid Fund - Regular Plan - Growth		₹103.4882	19 Jul 2026
Bajaj Finserv Liquid Fund - Regular Plan - Growth	Bajaj Finserv	₹1,221.7246	19 Jul 2026
Groww Liquid Fund (formerly known as Indiabulls Liquid Fund) - Regular Plan - Growth Option	Groww	₹2,692.0259	19 Jul 2026

Recent NAVs

Date	NAV
19 Jul 2026	₹1,811.1439
18 Jul 2026	₹1,810.8362
17 Jul 2026	₹1,810.5285
16 Jul 2026	₹1,810.0068
15 Jul 2026	₹1,809.6350
14 Jul 2026	₹1,809.4329
13 Jul 2026	₹1,809.3905
12 Jul 2026	₹1,809.1222
10 Jul 2026	₹1,808.5122
9 Jul 2026	₹1,807.9681

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 19 Jul 2026, the NAV of Mahindra Manulife Liquid Fund - Regular Plan - Growth is ₹1,811.1439. It's a Liquid Fund from Mahindra Manulife, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Liquid Fund - Regular Plan - Growth has NAV history starting from 04 Jul 2016, a track record of about 10 years. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mahindra Manulife Liquid Fund - Regular Plan - Growth is managed by Mahindra Manulife. It's classified by AMFI under the 'Liquid Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mahindra Manulife Liquid Fund - Regular Plan - Growth has delivered a absolute return of 6.25% — +0.15 pp ahead of the Liquid Fund category average of 6.09%. The fund ranks #5 of 16 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mahindra Manulife Liquid Fund - Regular Plan - Growth has delivered a CAGR of 6.88% — +0.17 pp ahead of the Liquid Fund category average of 6.71%. The fund ranks #4 of 14 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mahindra Manulife Liquid Fund - Regular Plan - Growth has delivered a CAGR of 6.17% — +0.18 pp ahead of the Liquid Fund category average of 5.99%. The fund ranks #2 of 13 in its category — the top (Q1) quartile.

₹1 lakh invested in Mahindra Manulife Liquid Fund - Regular Plan - Growth exactly 10 years ago would be worth approximately ₹180,478 today — a multiplier of 1.80×, based on the 10-year CAGR of 6.08%. The category average over the same window would have grown ₹1 lakh to ₹178,326.

A ₹10,000 monthly SIP in Mahindra Manulife Liquid Fund - Regular Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹709,795 today. That's an XIRR (money-weighted annualised return) of 6.65%.

A ₹10,000 monthly SIP for 10 years in Mahindra Manulife Liquid Fund - Regular Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹1,636,596 (multiplier 1.36×). XIRR: 6.04%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Mahindra Manulife Liquid Fund - Regular Plan - Growth ranks #2 out of 13 funds in the Liquid Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 5.99%; this fund delivered 6.17%.

The worst peak-to-trough decline Mahindra Manulife Liquid Fund - Regular Plan - Growth has experienced over the last 5-year window is 0.03% — its NAV fell from a high on 03 May 2022 to a low on 05 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mahindra Manulife Liquid Fund - Regular Plan - Growth averaged 5.49% (best 6.17%, worst 5.23%). 100% of rolling windows ended positive.

In calendar year 2025, Mahindra Manulife Liquid Fund - Regular Plan - Growth returned 6.48% — beating the Liquid Fund category average of 6.31% by 0.17 pp. It ranked #4 of 15 in its category that year.

Mahindra Manulife Liquid Fund - Regular Plan - Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Mahindra Manulife Liquid Fund - Regular Plan - Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.0%. 5-year CAGR: 6.17%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mahindra Manulife Liquid Fund - Regular Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Liquid Fund

Recent NAVs

Frequently asked questions

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