Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl

Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl

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Debt
Direct
Low Duration
NAV: ₹ 1112.28 as on 27-05-2024

About the Fund

Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl is a debt fund. This fund was started on 15 February, 2017. The fund is managed by Rahul Pal. This fund is suitable to keep your money safe.

Key Parameters

  1. Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl has ₹570 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance

Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹570 Cr
Inception Date
Inception Date
15 February, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
186.09%

Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
68.9%
AA
31.1%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
58.2%
Cash Equivalent
21.8%
Government
20%

Top Holdings of Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings36
Holdings
Weight%
1M Change
Axis Bank Limited
Axis Bank Limited
5.04%
0%
Godrej Industries Limited
Godrej Industries Limited
4.95%
185%
Shriram Finance Limited
Shriram Finance Limited
4.41%
100%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.37%
0%
Export Import Bank Of India
Export Import Bank Of India
4.3%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 561.1 Cr
₹ 499.2 Cr
₹ 520.7 Cr
  • AUM of the fund stands at 561.1 Cr as of Apr'24
  • AUM increased by 61.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Rahul Pal
Rahul Pal
Fund Manager of Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl, since 15 February 2017

Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.26% since inception which is more than its category average return of 4.97%
AUM size ₹570 Cr

AUM size ₹570 Cr

This fund has AUM of ₹570 Cr which is less than its category average of ₹ 3723 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl is ₹1112.28 as on 27-May-2024.
Existing (Absolute + CAGR) as on 27-May-2024.
Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.02%
-0.02%
6 Month Returns
-0.11%
-0.11%
1 Year Returns
2.73%
2.73%
3 Years Returns
13.44%
4.29%
5 Years Returns
26.78%
4.86%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.3% as on April 2024
₹570 Cr as on April 2024
Axis Bank Limited(5.04%), Godrej Industries Limited(4.95%), Shriram Finance Limited(4.41%), Small Industries Development Bank Of India(4.37%), Export Import Bank Of India(4.3%) as on April 2024
Corporate(58.24%), Government(21.69%), Cash Equivalent(20.07%) as on April 2024
Yield to Maturity is 7.91 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.93 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
68.87
AA
31.13
Rahul Pal is the fund manager of Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
The Exit load of Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl is 0%