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Mahindra Manulife Low Duration Fund Direct IDCW Daily

Debt
Low Duration
Moderate Risk
4.69%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
All
NAV: 28 Jul 2021₹1,035.82
Min. SIP Amount₹500
Rating4star
Fund Size₹700.89 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.7%7.3%NA7.2%
Category average5.6%4.8%5.7%NA
Rank with in category1410NANA
Understand termsinfo

Holdings (43)

NameSectorInstrumentAssets
Small Industries Devp. Bank of India Ltd.
FinancialCP6.9%
Axis Bank Ltd.FinancialCD5.6%
Reserve Bank of India
FinancialT-Bills3.6%
IIFL Wealth Prime Ltd.
FinancialCP3.6%
Reserve Bank of India
FinancialT-Bills3.5%
Reserve Bank of India
FinancialT-Bills3.5%
AU Small Finance Bank Ltd.FinancialCD3.5%
IDFC First Bank Ltd.FinancialCD3.5%
Godrej Properties Ltd.ConstructionCP2.8%
GOI
SovereignGOI Sec2.3%
See All

Pros and cons

Category: Debt Low Duration

Pros

  • Lower expense ratio - 0.36%
  • 3Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • 1Y Returns are lower than the category average returns
  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Expense ratio, exit load and tax

Expense ratio: 0.36%

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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Rahul Pal
Feb 2017 - Present
View Details
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Fund house & investment objective

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Fund house contact details

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