Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl
Debt
Direct
Ultra Short Duration
NAV: ₹ 1001.1 as on 23-04-2024
Fund Performance
About the Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl
Mahindra Manulife Ultra Short Duration Fund Direct Weekly 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 Weekly Reinvestment of Income Dis cum Cptl Wdrl has ₹200 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 Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl Overview
 | 0.28% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹200 Cr |
 | 18 October, 2019 |
 | ₹1000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 213.3% |
Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
81.3%
AA
18.7%
Sector Allocation
Cash Equivalent
46.7%
Corporate
42%
Government
11.3%
Top Holdings of Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl as on (31-Mar-24)
Debt Holdings30
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mindspace Business Parks Reit | 7.49% | 0% | |
Reliance Industries Limited | 5.01% | 0% | |
Power Grid Corporation Of India Limited | 5% | 0% | |
Godrej Industries Limited | 4.99% | 0% | |
Rec Limited | 4.98% | 0% |
See all
Mahindra Manulife Ultra Short Duration Fund Direct Weekly 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 195.4 Cr as of Mar'24
- AUM decreased by 8.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl Fund Manager
Amit Garg
Fund Manager of Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl, since 8 June 2020
Top funds managed
Rahul Pal
Fund Manager of Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl, since 18 October 2019
Top funds managed
Mahindra Manulife Ultra Short Duration Fund Direct Weekly 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 5.69% since inception which is less than its category average return of 7.19%
AUM size ₹200 Cr
This fund has AUM of ₹200 Cr which is less than its category average of ₹ 2935 Cr
Expense Ratio 0.28%
This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.64%
Frequently Asked Questions
The current NAV of Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl is ₹1001.1 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.33% | 0.33% |
6 Month Returns | 3.34% | 3.34% |
1 Year Returns | 6.37% | 6.37% |
3 Years Returns | 21.11% | 6.59% |
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.
0.28% as on March 2024
₹200 Cr as on March 2024
Mindspace Business Parks Reit(7.49%), Reliance Industries Limited(5.01%), Power Grid Corporation Of India Limited(5%), Godrej Industries Limited(4.99%), Rec Limited(4.98%) as on March 2024
Cash Equivalent(46.65%), Corporate(42.01%), Government(11.33%) as on March 2024
Yield to Maturity is 7.87 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 0.39 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 81.28 |
AA | 18.72 |
Amit Garg, Rahul Pal are the fund managers of Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl
The Exit load of Mahindra Manulife Ultra Short Duration Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl is 0%