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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

Debt

Mahindra Mutual Fund

Ultra Short Duration

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.

₹1161.53

NAV as on 09 May 2025

5.13%/per year

Since Inception

Absolute Gain%

▲▼

Fund Performance

as on (09-May-25)

Period
This Fund
Ultra Short Duration Index
1 Month
0.52%
0.45%
3 Months
2.1%
1.77%
6 Months
4.31%
3.31%
1 Year
2.93%
6.87%
3 Years
5.52%
6.51%
5 Years
5.09%
5.52%

Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Returns Calculator

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Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Asset Allocation

as on (31-Dec-69)

Fund Distribution

as on (31-Dec-69)

Debt & Cash 99.8%

AAA
78.6%
AA
21.4%
Cash allocation has gone up from 39.5% to 52%
Cash allocation has gone up from 39.5% to 52%
Debt allocation has gone down from 60.2% to 47.7%
Debt allocation has gone down from 60.2% to 47.7%

Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Sector Allocation

as on (31-Dec-69)

Sector Allocation

Debt & Cash 99.8%

Corporate
50.8%
Cash Equivalent
34.3%
Government
14.8%

Top 2 Sectors in March were Corporate, Government

Mar'25

Corporate

51%

Government

15%

Feb'25

Corporate

56%

Government

18%

Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl Holdings Details

as on (30-Apr-25)

Debt & Cash

Holdings
Weight%
1M Change
Power Finance Corporation Limited
5.75%
0%
Axis Bank Limited
5.69%
0%
Godrej Properties Limited
3.87%
100%
Nexus Select Trust
3.87%
0%
National Bank For Agriculture And Rural Development
3.85%
0%
See all
Top Stocks bought last month
Small Industries Development Bank Of India's allocation increased from 2.32% to 6.65%
Small Industries Development Bank Of India's allocation increased from 2.32% to 6.65%
Shriram Finance Limited's allocation increased from 0.25% to 2.67%
Shriram Finance Limited's allocation increased from 0.25% to 2.67%
National Bank For Agriculture And Rural Development's allocation increased from 2.22% to 4.44%
National Bank For Agriculture And Rural Development's allocation increased from 2.22% to 4.44%
Top Stocks sold last month
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 2.23 %
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 2.23 %
Godrej Industries Limited's allocation decreased from 4.99 % to 2.23 %
Godrej Industries Limited's allocation decreased from 4.99 % to 2.23 %
Power Finance Corporation Limited's allocation decreased from 4.41 % to 2.23 %
Power Finance Corporation Limited's allocation decreased from 4.41 % to 2.23 %

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 ratio0.27%
Benchmark
CRISIL Ultra Short Dura Debt A-I TR INR
AUM₹260 Cr
Inception Date18 October, 2019
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
173.53%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to 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 Rahul Pal, Amit Garg. This fund is suitable to keep your money safe.

Key Parameters

  1. Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl has ₹260 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. 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 5.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.93%, 5.52% and 5.09% 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 Power Finance Corporation Limited, Axis Bank Limited, Godrej Properties Limited, Nexus Select Trust, Small Industries Development Bank Of India

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

Rahul Pal

Fund Manager of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl, since 18 October 2019

Amit Garg

Fund Manager of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl, since 8 June 2020

Learn more about Mahindra Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 217.4 Cr
₹ 204.7 Cr
₹ 229.9 Cr
  • AUM of the fund stands at 217.4 Cr as of Mar'25
  • AUM increased by 12.7 Cr between Mar'25 and Feb'25

Frequently Asked Questions for Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl

What is the current NAV of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

The current NAV of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl is ₹1161.53 as on 09-May-2025.

What are the average returns of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

Existing (Absolute + CAGR) as on 09-May-2025.
Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.52%
0.52%
6 Month Returns
4.31%
4.31%
1 Year Returns
2.93%
2.93%
3 Years Returns
17.48%
5.52%

How do I invest in Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

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.

What is the expense ratio of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

0.27% as on April 2025

What is net assets under management (AUM) of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

₹260 Cr as on April 2025

What are the top 5 holdings of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

Power Finance Corporation Limited(5.75%), Axis Bank Limited(5.69%), Godrej Properties Limited(3.87%), Nexus Select Trust(3.87%), Small Industries Development Bank Of India(3.85%) as on April 2025

What are the top 3 sectors that this Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl has invested in?

Corporate(48.79%), Cash Equivalent(36.89%), Government(14.32%) as on April 2025

What is the yield to maturity ratio of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

Yield to Maturity is 7.35 as on April 2025. 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.

What is the modified duration of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

Modified Duration is 0.4 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

AAA
78.57
AA
21.43

Who is the manager of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

Rahul Pal, Amit Garg are the fund managers of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl

What is the exit load of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl?

The Exit load of Mahindra Manulife Ultra Short Duration Fund Direct Daily Reinvestment of Income Dis cum Cptl Wdrl is 0%