Mahindra Manulife Dynamic Bond Fund Direct Growth

Mahindra Manulife Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on 20 August, 2018. The fund is managed by Rahul Pal. This fund is suitable to keep your money safe.

1. Mahindra Manulife Dynamic Bond Fund Direct Growth has ₹105 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Mahindra Manulife Dynamic Bond Fund Direct Growth has given a CAGR return of 6.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.20%, 8.39% and 6.09% respectively.

Mahindra Manulife Dynamic Bond Fund Direct Growth has allocated its funds majorly in Real Estate, Government, Corporate, Cash Equivalent. Its top holdings are 6.92% Govt Stock 2039, 6.33% Gsec Mat - 05/05/2035, 7.09% Govt Stock 2054, 07.64 MH Sgs 2033, 7.34% Govt Stock 2064

As it is a dynamic bond 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.

The investment objective of the Scheme is to generate regular returns and capital appreciation through an active management of a portfolio constituted of money market and debt instruments across duration. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

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