|Min SIP Amount||₹500|
|NAV||₹1351.84 (12 May 2021)|
|Fund Started||15 Feb 2017|
|Fund Size||₹601 Cr|
|Axis Bank Ltd.||Financial||CD||7.9%|
|IIFL Wealth Management Ltd||Financial||CP||5.0%|
|IDFC First Bank Ltd.||Financial||CD||5.0%|
|Reserve Bank of India||Financial||T-Bills||5.0%|
|AU Small Finance Bank Ltd.||Financial||CD||4.9%|
|L&T Finance Ltd.||Financial||CP||4.0%|
|Godrej Properties Ltd.||Construction||CP||4.0%|
|Power Finance Corpn. Ltd.||Financial||Debenture||3.1%|
|Muthoot Finance Ltd.||Financial||Bonds/NCD||3.1%|
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 ₹601 Cr and the Latest NAV as of 12 May 2021 is ₹1351.84.
The Mahindra Manulife Low Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
The Scheme seeks 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.