Mahindra Manulife Low Duration Fund Direct IDCW Daily

Debt
Low Duration
Low to Moderate Risk
Payout
6.50%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 08 Nov 2024₹1,122.94
Min. SIP amountNot Supported
Rating2
Fund size₹556.66Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.0%6.5%6.2%6.8%
Category average7.4%5.9%6.0%NA
Rank with in category7813NA
Understand terms

Peer Comparison

Holdings (35)

NameSectorInstrumentAssets
FinancialNCD6.25%
Axis Bank Ltd.
FinancialCD5.30%
Godrej Industries Ltd.
Consumer StaplesNCD5.08%
Shriram Finance Ltd
FinancialDebenture4.50%
FinancialDebenture4.49%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture4.48%
Export-Import Bank Of India
FinancialDebenture4.43%
360 ONE Wealth Ltd.
FinancialDebenture4.32%
HDFC Bank Ltd.
FinancialCD4.26%
Bharti Telecom Ltd.
CommunicationDebenture3.61%
FinancialDebenture3.58%
FinancialNCD3.41%
Punjab National Bank
FinancialCD3.39%
GOI
SovereignGOI FRB2.77%
ConstructionDebenture2.69%
National Housing Bank
FinancialDebenture2.69%
Larsen & Toubro Ltd.
ConstructionDebenture2.69%
JM Financial Products Ltd.
FinancialDebenture2.68%
LIC Housing Finance Ltd.
FinancialDebenture2.67%
Reserve Bank of India
FinancialT-Bills2.63%
Reserve Bank of India
FinancialT-Bills2.61%
ConstructionDebenture2.24%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture1.79%
Muthoot Finance Ltd.
FinancialDebenture1.78%
FinancialDebenture1.77%
ICICI Bank Ltd.
FinancialCD1.75%
LIC Housing Finance Ltd.
FinancialDebenture1.22%
GOI
SovereignGOI Sec0.93%
Maharashtra State
OthersSDL0.91%
LIC Housing Finance Ltd.
FinancialDebenture0.90%
Bharti Telecom Ltd.
CommunicationDebenture0.90%
Axis Bank Ltd.
FinancialCD0.89%
Kotak Mahindra Bank Ltd.
FinancialCD0.85%
FinancialBonds0.72%
Cholamandalam Investment and Finance Company Ltd.
FinancialDebenture0.36%
See All

Pros and cons

Category: Debt Low Duration

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 3.15 The fund has generated returns higher than benchmark - CRISIL Low Duration Debt A-I Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.3%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.30%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund house & investment objective

Fund house contact details

Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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