Mahindra Manulife Low Duration Fund Direct Growth

Debt
Low Duration
Low to Moderate Risk
6.49%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Nov 2024₹1,663.95
Min. SIP amount₹500
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 category6813NA
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 investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

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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