Mahindra Manulife Low Duration Fund Direct Dividend Daily+0.05%

7.77%
1 Year Return
Debt
Ultra Short Duration
5.0star
6M
1Y
3Y
All

Fund Details

Mahindra Manulife Low Duration Fund Direct Dividend Daily

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.31%
NAV1031.83 (30 Sep 2020)
Fund Started15 Feb 2017
Fund Size512 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mahindra Manulife Low Duration Fund Direct Dividend Daily
7.8%
7.9%
NA
7.8%
Category Average
6.2%
5.1%
6.1%
-
Rank within category
16
9
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 7.8% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk-adjusted returns are higher compared to the category
    3. Lower expense ratio
    4. 1Y Returns are higher than the category average returns
    5. 3Y Returns are higher than the category average returns
    6. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Axis Bank Ltd.FinancialCD4.9%
    Union Bank of IndiaFinancialCD4.8%
    Bank Of BarodaFinancialCD4.7%
    Reserve Bank of IndiaFinancialT-Bills4.7%
    Reserve Bank of IndiaFinancialT-Bills4.7%
    Reliance Industries Ltd.EnergyBonds/Deb3.9%
    IDFC First Bank Ltd.FinancialCD3.9%
    REC Ltd.FinancialDebenture3.0%
    Godrej Properties Ltd.ConstructionBonds/Deb2.9%
    Muthoot Finance Ltd.FinancialCP2.9%
    See All

    Fund Managers

    addRahul Pal
    Education
    Mr. Pal is a B.Com (H) and Chartered Accountant.
    Experience
    Prior to joining Mahindra Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
    Funds Managed

    Mahindra Manulife Low Duration Fund Direct Dividend Daily Details

    Mahindra Manulife Low Duration Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 15 Feb 2017. Rahul Pal is the Current Fund Manager of Mahindra Manulife Low Duration Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹512 Cr and the Latest NAV as of 30 Sep 2020 is ₹1031.83.

    The Mahindra Manulife Low Duration Fund Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Mahindra Mutual Fund

    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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