Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Low Duration Fund Direct Growth

Mahindra Manulife Low Duration Fund Direct Growth

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Debt
Direct
Low Duration

NAV: ₹ 1442.4 as on 06-12-2022

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 3K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.7%
1.4%
2.9%
4.3%
5.2%
6.4%
Benchmark
0.6%
1.2%
2.6%
3.9%
5.1%
4.6%
About the Fund

Mahindra Manulife Low Duration Fund Direct Growth 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 Growth has a NAV of 1442.3738 as on 06-12-2022.

2) Mahindra Manulife Low Duration Fund Direct Growth has 385 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.36 %.

Fund Overview

Expense ratio
Expense ratio
0.36%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹385 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%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
86.7%
AA
13.3%

Sector Allocation

Oct'22

Sep'22

Aug'22

Corporate

34.9%

Cash Equivalent

33.8%

Government

31.3%

Top Holdings

  • All
  • Debt & Cash
Total Holdings36
Debt Holdings36
Holdings
Weight%
Holdings Trend
1M Change
icon
Small Industries Development Bank Of India
6.25%
0%
icon
Axis Bank Limited
5.18%
0%
icon
Indian Oil Corporation Limited
5.08%
100%
icon
Piramal Enterprises Limited
5.06%
100%
icon
Reverse Repo
3.95%
-20.7%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 1.9 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 418.8 Cr
Sep'22
₹ 417 Cr
Aug'22
₹ 396 Cr

Fund Returns vs Benchmark

Oct'22
0.48%
0.46%
Sep'22
0.27%
0.26%
Aug'22
0.53%
0.53%
Fund Return
Benchmark Return

Fund Manager

Rahul Pal

Rahul Pal

Managing this fund since 15 February 2017

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct Growth
13.37%
9.09%
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct Growth
20.77%
15.35%
Mahindra Manulife Liquid Fund Direct Plan Growth
4.23%
1.29%

AMC details

Address
1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Fund House
Mahindra Manulife Investment Management Pvt. Ltd.

Fund Highlights

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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 6.51% since inception which is more than its category average return of 4.93%
AUM size ₹385 Cr

AUM size ₹385 Cr

This fund has AUM of ₹385 Cr which is less than its category average of ₹ 3640 Cr
Expense Ratio 0.36%

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 Growth is 1442.14.
Existing (Absolute + CAGR)
Mahindra Manulife Low Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.65%
0.65%
6 Month Returns
2.89%
2.89%
1 Year Returns
4.35%
4.35%
3 Years Returns
16.55%
5.24%
5 Years Returns
36.2%
6.37%
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 November 2022
388 Cr as on November 2022
7.32
0.66
AAA
86.72
AA
13.28
Rahul Pal is the fund manager of Mahindra Manulife Low Duration Fund Direct Growth
The Exit load of Mahindra Manulife Low Duration Fund Direct Growth is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.