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Mahindra Manulife Low Duration Fund Direct Growth

Debt
Low Duration
Moderate Risk
5.81%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 May 2022₹1,398.78
Min. SIP amount₹500
Rating4
Fund size₹636.37Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.4%5.8%6.5%6.6%
Category average5.6%4.8%5.7%NA
Rank with in category13119NA
Understand terms

Holdings (39)

NameSectorInstrumentAssets
GOI
SovereignCGL4.7%
Tata Realty and Infrastructure Ltd.ConstructionDebenture4.7%
Reserve Bank of India
FinancialT-Bills4.7%
JK Cement LtdConstructionCP4.7%
Small Industries Devp. Bank of India Ltd.
FinancialCP4.6%
Motilal Oswal Financial Services LtdFinancialCP4.6%
Northern ARC Capital Ltd.FinancialCP3.7%
Axis Bank Ltd.
FinancialCD3.7%
Godrej Properties Ltd.
ConstructionCP3.7%
IIFL Wealth Prime Ltd.FinancialCP3.7%
See All

Pros and cons

Category: Debt Low Duration

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 3.32 The fund has generated returns higher than benchmark - CRISIL Low Duration Fund BI Index - in the last 3Y
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

Cons

1Y annualised returns lower than category average by 1.59%

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
Amc Image
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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FAQs

How to Invest in Mahindra Manulife Low Duration Fund Direct Growth?

You can easily invest in Mahindra Manulife Low Duration Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Mahindra Manulife Low Duration Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Mahindra Manulife Low Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Low Duration Fund Direct Growth provide?

The Mahindra Manulife Low Duration Fund Direct Growth has been there from 15 Feb 2017 and the average annual returns provided by this fund is 3.42% since its inception.

How much expense ratio is charged by Mahindra Manulife Low Duration Fund Direct Growth?

The term Expense Ratio used for Mahindra Manulife Low Duration Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Mahindra Manulife Low Duration Fund Direct Growth is 0.36% as of 19 May 2022...

What is the AUM of Mahindra Manulife Low Duration Fund Direct Growth?

The AUM, short for Assets Under Management of Mahindra Manulife Low Duration Fund Direct Growth is ₹636.37Cr as of 19 May 2022.

How to Redeem Mahindra Manulife Low Duration Fund Direct Growth?

If you want to sell your Mahindra Manulife Low Duration Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mahindra Manulife Low Duration Fund Direct Growth?

You can select either SIP or Lumpsum investment of Mahindra Manulife Low Duration Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Mahindra Manulife Low Duration Fund Direct Growth?

The NAV of Mahindra Manulife Low Duration Fund Direct Growth is ₹1,398.78 as of 18 May 2022.

What is the PE and PB ratio of Mahindra Manulife Low Duration Fund Direct Growth?

The PE ratio ratio of Mahindra Manulife Low Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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