Mahindra Manulife Low Duration Fund Direct Growth

Debt
Low Duration
Moderate Risk
5.35%
3Y annualised
-0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 Sep 2022₹1,423.45
Min. SIP amount₹500
Rating4
Fund size₹392.03Cr

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 returns3.6%5.3%6.4%6.5%
Category average3.8%5.3%5.3%NA
Rank with in category15159NA
Understand terms

Holdings (31)

NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialCD6.2%
Export-Import Bank Of India
FinancialCD6.2%
JM Financial Capital Ltd.
FinancialCP5.0%
Axis Bank Ltd.
FinancialCD5.0%
REC Ltd.FinancialNCD3.8%
Power Finance Corporation Ltd.FinancialDebenture3.8%
JM Financial Services Pvt. Ltd.
FinancialCP3.8%
Reliance Retail Ventures Ltd.ServicesCP3.8%
Axis Bank Ltd.
FinancialCD3.8%
Northern ARC Capital Ltd.FinancialCP3.8%
See All

Pros and cons

Category: Debt Low Duration

Pros

Cons

3Y and 5Y annualised returns higher than category average
1Y annualised returns lower than category average by 0.19%
Higher alpha: 2.99 The fund has generated returns higher than benchmark - CRISIL Low Duration Fund BI Index - in the last 3Y
Lower AUM: 392Cr. Funds with lower AUM tend to have higher expense ratio
Exit load is zero
Lower expense ratio: 0.36%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

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 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 management

Rahul Pal
Feb 2017 - Present
View details

Education
Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Also manages these schemes

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
Website
NA
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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