|Min SIP Amount||₹500|
|NAV||₹1304.99 (05 Aug 2020)|
|Fund Started||15 Feb 2017|
|Fund Size||₹403 Cr|
|Axis Bank Ltd.||Financial||CD||6.2%|
|Union Bank of India||Financial||CD||6.1%|
|Reliance Industries Ltd.||Energy||Bonds/Deb||5.0%|
|IDFC First Bank Ltd.||Financial||CD||4.9%|
|Godrej Properties Ltd.||Construction||Bonds/Deb||3.7%|
|Tata Power Co. Ltd.||Energy||CP||3.7%|
|IIFL Home Finance Ltd.||Financial||Debenture||2.9%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||2.6%|
|National Thermal Power Corp. Ltd.||Energy||Bonds||2.6%|
Mahindra Manulife Low Duration Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹403 Cr and the Latest NAV as of 05 Aug 2020 is ₹1304.99.
The Mahindra Manulife Low Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
The investment objective of the Scheme is to provide reasonable returns, commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.