Mahindra Manulife Short Duration Fund Direct Growth

Mahindra Manulife Short Duration Fund Direct Growth

Debt

Mahindra Mutual Fund

Short Duration

Get the latest NAV of Mahindra Manulife Short Duration Fund Direct Growth. 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.

₹13.41

▼-0.1%1D

NAV as on 12 Aug 2025

6.8%/per year

Since Inception

Absolute Gain%

▲▼

129 people have invested ₹ 27.8L in Mahindra Manulife Short Duration Fund Direct Growth in the last three months

Mahindra Manulife Short Duration Fund Performance vs. Short Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (12-Aug-25)

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.35%
1.87%
4.82%
8.98%
8.03%
--
Short Duration Avg
0.23%
1.81%
4.57%
8.59%
7.59%
6.34%
Best in Short Duration
0.42%
2.18%
5.18%
10.36%
10.32%
10.65%
Worst in Short Duration
0.24%
1.68%
4.47%
8.42%
7.35%
5.92%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mahindra Manulife Short Duration Fund
-
91Cr
0.28%
8.98%
8.03%
0.34
1.11
1.45
3.30
1.28
ICICI Prudential Short Term Fund Direct Growth
1/14
22,070Cr
0.45%
9.05%
8.48%
1.03
0.81
2.39
11.81
2.21
Axis Short Duration Fund Direct Growth
2/14
11,760Cr
0.37%
9.42%
8.13%
0.38
1.17
1.50
3.84
1.58
Nippon India Short Duration Fund Direct Growth
3/14
8,881Cr
0.38%
9.41%
8.16%
0.34
1.26
1.45
3.52
1.69
See all

Mahindra Manulife Short Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mahindra Manulife Short Duration Fund Asset Allocation

See fund asset allocation details as on (14-Jul-25)

Fund Distribution

as on (14-Jul-25)

Debt & Cash 99.7%

AAA
71.4%
AA
28.6%
Cash allocation has gone up from 9% to 22.7%
Cash allocation has gone up from 9% to 22.7%
Debt allocation has gone down from 90.7% to 77.1%
Debt allocation has gone down from 90.7% to 77.1%

Mahindra Manulife Short Duration Fund Sector Allocation

See fund sector allocation details as on (14-Jul-25)

Sector Allocation

Debt & Cash 99.7%

Corporate
66.3%
Government
24.5%
Cash Equivalent
9.1%

Top 2 Sectors in June were Corporate, Government

Jun'25

Corporate

69%

Government

22%

May'25

Corporate

62%

Government

29%

Mahindra Manulife Short Duration Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.28%
Benchmark
CRISIL Short Duration Debt A-II TR INR
AUM₹91 Cr
Inception Date23 February, 2021
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
216.5%
Risk
Risk meter
pointer
Low to Moderate Risk

About Mahindra Manulife Short Duration Fund

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 ₹91 Cr worth of assets under management (AUM) as on Jul 2025 and is more 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 6.80% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.98% and 8.03% respectively.

Holdings

Mahindra Manulife Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 6.68% Government Of India, Rec Limited, Embassy Office Parks Reit, Indian Railway Finance Corporation Limited, Tata Capital Housing Finance 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.

Fund Manager

Rahul Pal

Fund Manager of Mahindra Manulife Short Duration Fund Direct Growth, since 23 February 2021

Learn more about Mahindra Mutual Fund
Parameters
Jun'25
May'25
Apr'25
AUM
₹ 90.2 Cr
₹ 76.5 Cr
₹ 92.8 Cr
  • AUM of the fund stands at 90.2 Cr as of Jun'25
  • AUM increased by 13.7 Cr between Jun'25 and May'25

Frequently Asked Questions for Mahindra Manulife Short Duration Fund Direct Growth

How do I invest in Mahindra Manulife Short Duration Fund?

INDmoney makes it simple to invest in the Mahindra Manulife Short Duration Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mahindra Manulife Short Duration Fund’.
  • 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.

What is the current NAV of Mahindra Manulife Short Duration Fund?

The NAV of the fund today is ₹13.41. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mahindra Manulife Short Duration Fund fund has generated a return of 8.98% in 1 year, 8.03% in 3 years

Who is the fund manager of Mahindra Manulife Short Duration Fund?

The fund managers are Rahul Pal.

What is the expense ratio of the fund?

The expense ratio is 0.28%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹91 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mahindra Manulife Short Duration Fund?

The top 3 holdings of the fund are 6.68% Government Of India(9.35%), Rec Limited(8.83%), Embassy Office Parks Reit(6.39%)