In mineral processing industries grinding is the most energy-consuming process. A tumbling mill is an essential grinding equipment widely used for particle size reduction. Power consumption, impact forces and trajectory paths are critical parameters for characterising a tumbling mill to determine grinding efficiency. The effect of lifters and mill speed plays a vital role in such parameters. However, most of the studies ignore the impact of the lifter and do not investigate the effect of slurry dynamics on charge motion. The focus of the present work is to prepare a computational model that can accurately predict the complex multi-phase dynamics of charge particles, air and slurry inside the mill using a model that couples computational fluid dynamics (CFD) and the discrete element method (DEM). The details of impact forces with lifter profiles and mill speed variations will be refined even further using the CFD-DEM coupling approach. The slurry-air free surface is modelled using the volume of fluid (VOF) method, and the charge motion is modelled using the DEM. The phases are coupled using the interface momentum exchange between the charge and the fluid slurry. The coupled model is validated against experimental results from the positron-emitting particle tracking (PEPT) data. The validated model compares the effect of slurry content on charge dynamics with the dry DEM model. The presence of slurry is observed to dampen the tangential and shear contact forces.