Mahindra Manulife Ultra Short Duration Fund Direct Growth

Mahindra Manulife Ultra Short Duration Fund Direct Growth

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Debt
Direct
Ultra Short Duration
NAV: ₹ 1297.8 as on 27-05-2024

About the Fund

Mahindra Manulife Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 18 October, 2019. The fund is managed by Rahul Pal, Amit Garg. This fund is suitable to keep your money safe.

Key Parameters

  1. Mahindra Manulife Ultra Short Duration Fund Direct Growth has ₹214 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.
Fund Performance
zero opening, trading, fund transfer fee
10 people have invested ₹ 3.8L in Mahindra Manulife Ultra Short Duration Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.29%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹214 Cr
Inception Date
Inception Date
18 October, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
213.3%

Mahindra Manulife Ultra Short Duration Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
78.3%
AA
21.7%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
50.9%
Cash Equivalent
36.8%
Government
12.3%

Top Holdings of Mahindra Manulife Ultra Short Duration Fund Direct Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings31
Holdings
Weight%
1M Change
Mindspace Business Parks Reit
Mindspace Business Parks Reit
6.99%
0%
Reliance Industries Limited
Reliance Industries Limited
4.67%
0%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
4.66%
0%
Rec Limited
Rec Limited
4.65%
0%
Piramal Capital & Housing Finance Limited
Piramal Capital & Housing Finance Limited
4.63%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 220.1 Cr
₹ 195.4 Cr
₹ 204.3 Cr
  • AUM of the fund stands at 220.1 Cr as of Apr'24
  • AUM increased by 24.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Rahul Pal
Rahul Pal
Fund Manager of Mahindra Manulife Ultra Short Duration Fund Direct Growth, since 18 October 2019
Amit Garg
Amit Garg
Fund Manager of Mahindra Manulife Ultra Short Duration Fund Direct Growth, since 8 June 2020

Mahindra Manulife Ultra Short Duration Fund Direct Growth Highlights

Risk meter
pointer

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 5.81% since inception which is less than its category average return of 7.17%
AUM size ₹214 Cr

AUM size ₹214 Cr

This fund has AUM of ₹214 Cr which is less than its category average of ₹ 3026 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 0.65%

Frequently Asked Questions

The current NAV of Mahindra Manulife Ultra Short Duration Fund Direct Growth is ₹1297.8 as on 27-May-2024.
Existing (Absolute + CAGR) as on 27-May-2024.
Mahindra Manulife Ultra Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.63%
0.63%
6 Month Returns
3.89%
3.89%
1 Year Returns
7.52%
7.52%
3 Years Returns
18.63%
5.86%
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 April 2024
₹214 Cr as on April 2024
Mindspace Business Parks Reit(6.99%), Reliance Industries Limited(4.67%), Power Grid Corporation Of India Limited(4.66%), Rec Limited(4.65%), Embassy Office Parks Reit(4.63%) as on April 2024
Corporate(52.32%), Cash Equivalent(35.04%), Government(12.64%) as on April 2024
Yield to Maturity is 7.7 as on April 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 0.48 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
78.34
AA
21.66
Rahul Pal, Amit Garg are the fund managers of Mahindra Manulife Ultra Short Duration Fund Direct Growth
The Exit load of Mahindra Manulife Ultra Short Duration Fund Direct Growth is 0%