Mahindra Manulife Short Duration Fund Direct Growth

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.

1. Mahindra Manulife Short Duration Fund Direct Growth has ₹78 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Mahindra Manulife Short Duration Fund Direct Growth has given a CAGR return of 6.83% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.70% and 8.19% respectively.

Mahindra Manulife Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Rec Limited, 6.92% Govt Stock 2039, National Bank For Agriculture And Rural Development, Embassy Office Parks Reit, Indian Railway Finance Corporation Limited

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.

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 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.