Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl
Debt
Direct
Low Duration
NAV: ₹ 1138.45 as on 16-04-2024
Fund Performance
About the Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl
Mahindra Manulife Low Duration Fund Direct Monthly 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
- Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl has ₹499 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl Overview
 | 0.3% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹499 Cr |
 | 15 February, 2017 |
 | ₹1000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 186.09% |
Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
69.7%
AA
30.3%
Sector Allocation
Corporate
57.6%
Cash Equivalent
24.4%
Government
18%
Top Holdings of Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl as on (31-Mar-24)
Debt Holdings36
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Axis Bank Limited | 5.69% | 0% | |
Shriram Finance Limited | 5.01% | 0% | |
Small Industries Development Bank Of India | 4.99% | 0% | |
Export Import Bank Of India | 4.89% | 0% | |
360 One Prime Limited | 4.82% | 0% |
See all
Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 499.2 Cr as of Mar'24
- AUM decreased by 21.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl Fund Manager
Rahul Pal
Fund Manager of Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl, since 15 February 2017
Top funds managed
Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl 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 5.86% since inception which is more than its category average return of 4.98%
AUM size ₹499 Cr
This fund has AUM of ₹499 Cr which is less than its category average of ₹ 3469 Cr
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 Monthly Reinvestment of Income Dis cum Cptl Wdrl is ₹1138.45 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 3.88% | 3.88% |
1 Year Returns | 7.7% | 7.7% |
3 Years Returns | 18.41% | 5.79% |
5 Years Returns | 32.19% | 5.74% |
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 March 2024
₹499 Cr as on March 2024
Axis Bank Limited(5.69%), Shriram Finance Limited(5.01%), Small Industries Development Bank Of India(4.99%), Export Import Bank Of India(4.89%), 360 One Prime Limited(4.82%) as on March 2024
Corporate(57.55%), Cash Equivalent(24.42%), Government(18.03%) as on March 2024
Yield to Maturity is 8.07 as on March 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 0.9 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 69.7 |
AA | 30.3 |
Rahul Pal is the fund manager of Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl
The Exit load of Mahindra Manulife Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cptl Wdrl is 0%