Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
Get the latest NAV of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1221.23
NAV as on 13 Mar 2026
5.3%/per year
Since Inception
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Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Performance vs. Ultra Short Duration Index
Fund returns vs Benchmark returns vs Category Average returns as on (13-Mar-26)
The fund has outperformed the benchmark (Ultra Short Duration Index) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top 2 Sectors in February were Corporate, Government
Corporate
60%
Government
9%
Corporate
65%
Government
9%
Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.28% |
Benchmark | CRISIL Ultra Short Dura Debt A-I TR INR |
| AUM | ₹217 Cr |
| Inception Date | 18 October, 2019 |
| Min Lumpsum/SIP | ₹1,000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 187.65% |
| Risk |   Moderate Risk |
About Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl is a debt fund. This fund was started on 18 October, 2019. The fund is managed by Amit Garg, Rahul Pal. This fund is suitable to keep your money safe.
Key Parameters
- Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl has ₹217 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl has given a CAGR return of 5.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.90%, 5.63% and 5.21% respectively.
Holdings
Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Rec Limited, Small Industries Development Bank Of India, Canara Bank, HDFC Bank Limited, Tata Capital Housing Finance Limited
Taxation
As it is a ultra 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 Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
The investment objective of the Scheme is to generate regular income and capital appreciation through investment in a portfolio of short term debt & money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months. 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 Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl has no lock in period.
Fund Manager
Amit Garg
Fund Manager of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl, since 8 June 2020
Rahul Pal
Fund Manager of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl, since 18 October 2019
- AUM of the fund stands at 217 Cr as of Feb'26
- AUM increased by 0.7 Cr between Feb'26 and Jan'26
Frequently Asked Questions for Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
How do I invest in Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?
- Download the INDmoney app.
- Search for ‘Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.