Mahindra Manulife Short Duration Fund Direct Growth

Mahindra Manulife Short Duration Fund Direct Growth

NAV as on 27-03-2025

₹ 12.95

0.1%

1D

Inception Returns

6.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
87 people have invested ₹ 18.4L in Mahindra Manulife Short Duration Fund Direct Growth in the last three months

About Mahindra Manulife Short Duration Fund Direct Growth

Mahindra Manulife Short Duration Fund Direct Growth is a debt fund. This fund was started on 23 February, 2021. The fund is managed by Rahul Pal. This fund is suitable to keep your money safe.

Key Parameters

  1. Mahindra Manulife Short Duration Fund Direct Growth has ₹75 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.

Returns

Mahindra Manulife Short Duration Fund Direct Growth has given a CAGR return of 6.52% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.84% and 7.04% respectively.

Holdings

Mahindra Manulife Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.32% Govt Stock 2030, National Bank For Agriculture And Rural Development, LIC Housing Finance Limited, Kotak Mahindra Bank Limited, Godrej Properties Limited

Taxation

As it is a short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Mahindra Manulife Short Duration Fund Direct Growth

The investment objective of the Scheme is to generate income and capital appreciation through an actively managed diversified portfolio of Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Short Duration Fund Direct Growth has no lock in period.

Mahindra Manulife Short Duration Fund Direct Growth Overview

Expense ratio0.29%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹75 Cr
Inception Date23 February, 2021
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
216.5%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (27-Mar-25)

Period
Mahindra Manulife Short Duration Fund Direct Growth
Short Duration Index
1M
0.9%
0.4%
3M
2.2%
1.5%
6M
3.9%
3%
1Y
8.8%
7.2%
3Y
7%
6.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
61.2%

AA
38.8%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
60%
Government
34.4%
Cash Equivalent
5.6%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 66 Cr
₹ 66.4 Cr
₹ 71 Cr
  • AUM of the fund stands at 66 Cr as of Feb'25
  • AUM decreased by 0.4 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Godrej Industries Limited's allocation increased from 2.12% to 4.25%
Godrej Industries Limited's allocation increased from 2.12% to 4.25%
Tata Realty And Infrastructure Limited's allocation increased from 2.03% to 3.52%
Tata Realty And Infrastructure Limited's allocation increased from 2.03% to 3.52%
Top Stocks sold last month
Godrej Properties Limited's allocation decreased from 5.74 % to 5.62 %
Godrej Properties Limited's allocation decreased from 5.74 % to 5.62 %
Bajaj Housing Finance Limited's allocation decreased from 5.26 % to 4.93 %
Bajaj Housing Finance Limited's allocation decreased from 5.26 % to 4.93 %
Muthoot Finance Limited's allocation decreased from 4.32 % to 4.26 %
Muthoot Finance Limited's allocation decreased from 4.32 % to 4.26 %
Cash allocation has gone down from 14.8% to 12.9%
Cash allocation has gone down from 14.8% to 12.9%
Debt allocation has gone up from 84.9% to 86.8%
Debt allocation has gone up from 84.9% to 86.8%

Top 2 Sectors in February were Corporate, Government

Feb'25
Corporate
60%
Government
34%
Jan'25
Corporate
53%
Government
38%
  • Debt & Cash

Holdings
Weight%
1M Change
7.32% Govt Stock 2030
7.32% Govt Stock 2030
30.1%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
6.65%
100%
LIC Housing Finance Limited
LIC Housing Finance Limited
6.64%
0%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank Limited
6.46%
0%
Godrej Properties Limited
Godrej Properties Limited
5.31%
0%
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Rahul Pal
Rahul Pal
Fund Manager of Mahindra Manulife Short Duration Fund Direct Growth, since 23 February 2021
Fund House
Mahindra Manulife Investment Management Pvt. Ltd.
Total AUM
₹27.55K Cr
as on 28-Feb-2025
Address
1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Website
mfinvestors@mahindra.com

Mahindra Manulife Short Duration Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 6.52% since inception which is more than its category average return of 5.83%
AUM size ₹75 Cr

AUM size ₹75 Cr

This fund has AUM of ₹75 Cr which is less than its category average of ₹ 5167 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.7%

Frequently Asked Questions for Mahindra Manulife Short Duration Fund Direct Growth

The current NAV of Mahindra Manulife Short Duration Fund Direct Growth is ₹12.95 as on 27-Mar-2025.
Existing (Absolute + CAGR) as on 27-Mar-2025.
Mahindra Manulife Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.88%
0.88%
6 Month Returns
3.89%
3.89%
1 Year Returns
8.84%
8.84%
3 Years Returns
22.66%
7.04%
5 Years Returns
0%
0%
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.
0.29% as on February 2025
₹75 Cr as on February 2025
7.32% Govt Stock 2030(30.1%), National Bank For Agriculture And Rural Development(6.65%), LIC Housing Finance Limited(6.64%), Kotak Mahindra Bank Limited(6.46%), Godrej Properties Limited(5.31%) as on February 2025
Corporate(57.85%), Government(36.85%), Cash Equivalent(5.3%) as on February 2025
Yield to Maturity is 7.57 as on February 2025. 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 2.52 as on February 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
61.2
AA
38.8
Rahul Pal is the fund manager of Mahindra Manulife Short Duration Fund Direct Growth
The Exit load of Mahindra Manulife Short Duration Fund Direct Growth is 0%