Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
Debt
Direct
Low Duration
NAV: ₹ 1083.8 as on 31-05-2023
Fund Performance
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 a NAV of ₹1083.7857 as on 31-05-2023.
2) Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl has ₹359 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.36 %.
Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Overview
 | 0.36% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹359 Cr |
 | 15 February, 2017 |
 | ₹1000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 186.09% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
84.2%
AA
15.8%
Sector Allocation
Corporate
47%
Cash Equivalent
30.8%
Government
22.2%
Top Holdings of Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl as on (31-May-23)
Debt Holdings38
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Small Industries Development Bank Of India | 6.19% | 0% | |
Axis Bank Limited | 5.9% | 0% | |
Piramal Enterprises Limited | 5.02% | 0% | |
Indian Oil Corporation Limited | 4.95% | 0% | |
ICICI Bank Limited | 4.76% | 0% |
See all
Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.47% whereas the fund’s underlying benchmark Low Duration Index returns stands at 0.41% as on Apr'23
- This fund outperformed Low Duration Index by 0.06% in Apr'23
AUM Change
- AUM of the fund stands at 363.3 Cr as of Apr'23
- AUM increased by 18.2 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Fund Manager
Rahul Pal
Fund Manager of Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl, since 15 February 2017
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.67% since inception which is more than its category average return of 4.96%
AUM size ₹359 Cr
This fund has AUM of ₹359 Cr which is less than its category average of ₹ 3626 Cr
Expense Ratio 0.36%
This fund has an expense ratio of 0.36% 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 ₹1083.79 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
Mahindra Manulife Low Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.67% | 0.67% |
6 Month Returns | 3.8% | 3.8% |
1 Year Returns | 6.73% | 6.73% |
3 Years Returns | 16.53% | 5.23% |
5 Years Returns | 32.5% | 5.79% |
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.
0.36% as on May 2023
₹359 Cr as on May 2023
Small Industries Development Bank Of India(6.19%), Axis Bank Limited(5.9%), Piramal Enterprises Limited(5.02%), Indian Oil Corporation Limited(4.95%), ICICI Bank Limited(4.76%) as on May 2023
Corporate(42.01%), Cash Equivalent(38.32%), Government(19.67%) as on May 2023
Yield to Maturity is 7.58 as on May 2023. 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 0.74 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 84.19 |
AA | 15.81 |
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%