Mahindra Manulife Low Duration Fund Direct Growth
Get the latest NAV of Mahindra Manulife Low 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.
₹1791.52
NAV as on 17 Oct 2025
6.96%/per year
Since Inception
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47 people have invested ₹ 17.8L in Mahindra Manulife Low Duration Fund Direct Growth in the last three months
Mahindra Manulife Low Duration Fund Performance vs. Low Duration Index
Fund returns vs Benchmark returns vs Category Average returns as on (17-Oct-25)
The fund has outperformed the benchmark (Low Duration Index) over 1Y, 3Y, but underperformed over 5Y.
Peer comparison
Mahindra Manulife Low Duration Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mahindra Manulife Low Duration Fund Asset Allocation
See fund asset allocation details as on (14-Oct-25)
Fund Distribution
as on (14-Oct-25)
Mahindra Manulife Low Duration Fund Sector Allocation
See fund sector allocation details as on (14-Oct-25)
Sector Allocation
Top 2 Sectors in September were Corporate, Government
Corporate
73%
Government
15%
Corporate
69%
Government
13%
Mahindra Manulife Low Duration Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.3% |
Benchmark | CRISIL Low Duration Debt A-I TR INR |
| AUM | ₹577 Cr |
| Inception Date | 15 February, 2017 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 128.91% |
| Risk |   Moderate Risk |
About Mahindra Manulife Low Duration Fund
Mahindra Manulife Low Duration Fund Direct Growth is a debt fund. This fund was started on 15 February, 2017. The fund is managed by Rahul Pal. This fund is suitable to keep your money safe.
Key Parameters
- Mahindra Manulife Low Duration Fund Direct Growth has ₹577 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
Mahindra Manulife Low Duration Fund Direct Growth has given a CAGR return of 6.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.05%, 7.85% and 6.31% respectively.
Holdings
Mahindra Manulife Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Power Finance Corporation Limited, Godrej Properties Limited, Embassy Office Parks Reit, National Bank For Agriculture And Rural Development, Rural Electrification Corporation Limited
Taxation
As it is a low 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 Low Duration Fund Direct Growth
The investment objective of the Scheme is to provide reasonable returns, commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments. 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 and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Low Duration Fund Direct Growth has no lock in period.
Fund Manager
Rahul Pal
Fund Manager of Mahindra Manulife Low Duration Fund Direct Growth, since 15 February 2017
- AUM of the fund stands at 576.5 Cr as of Sep'25
- AUM decreased by 58.7 Cr between Sep'25 and Aug'25
Frequently Asked Questions for Mahindra Manulife Low Duration Fund Direct Growth
How do I invest in Mahindra Manulife Low Duration Fund?
- Download the INDmoney app.
- Search for ‘Mahindra Manulife Low 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.