Mahindra Manulife Short Duration Fund Direct Growth

Mahindra Manulife Short Duration Fund Direct Growth

NAV as on 29-04-2025

₹ 13.16

Inception Returns

6.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
108 people have invested ₹ 17L 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 ₹67 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 6.77% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.95% and 7.63% 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, LIC Housing Finance Limited, Kotak Mahindra Bank Limited, 6.75% Govt Stock 2029, 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 Duration Debt A-II TR INR
AUM₹67 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 (29-Apr-25)

Period
Mahindra Manulife Short Duration Fund Direct Growth
Short Duration Index
1M
1.4%
1.3%
3M
3%
2.5%
6M
5.1%
4.1%
1Y
9.9%
8.6%
3Y
7.6%
6.8%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
65.6%

AA
34.4%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Corporate
58.2%
Government
35.7%
Cash Equivalent
6.1%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 75.1 Cr
₹ 66 Cr
₹ 66.4 Cr
  • AUM of the fund stands at 75.1 Cr as of Mar'25
  • AUM increased by 9.1 Cr between Mar'25 and Feb'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%
Top Stocks sold last month
Cholamandalam Investment And Fin. Co. Ltd's allocation decreased from 6.86 % to 4.24 %
Cholamandalam Investment And Fin. Co. Ltd's allocation decreased from 6.86 % to 4.24 %
Shriram Finance Limited's allocation decreased from 5.15 % to 3.53 %
Shriram Finance Limited's allocation decreased from 5.15 % to 3.53 %
Tata Realty And Infrastructure Limited's allocation decreased from 5.26 % to 3.52 %
Tata Realty And Infrastructure Limited's allocation decreased from 5.26 % to 3.52 %
Cash allocation has gone down from 12.9% to 12.6%
Cash allocation has gone down from 12.9% to 12.6%
Debt allocation has gone up from 86.8% to 87.2%
Debt allocation has gone up from 86.8% to 87.2%

Top 2 Sectors in March were Corporate, Government

Mar'25
Corporate
58%
Government
36%
Feb'25
Corporate
60%
Government
34%
  • Debt & Cash

Holdings
Weight%
1M Change
7.32% Govt Stock 2030
7.32% Govt Stock 2030
26.56%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
7.54%
0%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank Limited
7.32%
0%
6.75% Govt Stock 2029
6.75% Govt Stock 2029
6.09%
0%
Godrej Properties Limited
Godrej Properties Limited
6%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Mahindra Manulife Short Duration Fund Direct Growth
Mahindra Manulife Short Duration Fund Direct Growth
9.95%
7.63%
-
6.77%
Bank of India Short Term Income Fund Direct Plan Growth
Bank of India Short Term Income Fund Direct Plan Growth
11.04%
9.93%
8.71%
6.99%
Kotak Bond Short Term Plan Direct Growth
Kotak Bond Short Term Plan Direct Growth
10.04%
7.65%
6.99%
8.16%
HDFC Short Term Debt Fund -Direct Plan - Growth Option
HDFC Short Term Debt Fund -Direct Plan - Growth Option
9.82%
7.73%
7.27%
8.16%
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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
₹25.98K Cr
as on 31-Mar-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 6.77% since inception which is more than its category average return of 6.11%
AUM size ₹67 Cr

AUM size ₹67 Cr

This fund has AUM of ₹67 Cr which is less than its category average of ₹ 5409 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 0.68%

Frequently Asked Questions for Mahindra Manulife Short Duration Fund Direct Growth

The current NAV of Mahindra Manulife Short Duration Fund Direct Growth is ₹13.16 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Mahindra Manulife Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.35%
1.35%
6 Month Returns
5.06%
5.06%
1 Year Returns
9.95%
9.95%
3 Years Returns
24.7%
7.63%
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 March 2025
₹67 Cr as on March 2025
7.32% Govt Stock 2030(26.56%), LIC Housing Finance Limited(7.54%), Kotak Mahindra Bank Limited(7.32%), 6.75% Govt Stock 2029(6.09%), Godrej Properties Limited(6%) as on March 2025
Corporate(59.41%), Government(32.74%), Cash Equivalent(7.85%) as on March 2025
Yield to Maturity is 7.37 as on March 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 2.29 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
65.63
AA
34.37
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%