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Mahindra Manulife Low Duration Fund Regular IDCW Daily+0.01%

4.12%
1 Year Return
Debt
Low Duration
3.0star
6M
1Y
3Y
All

Fund Details

Mahindra Manulife Low Duration Fund Regular IDCW Daily

RiskModerate
Min SIP Amount₹500
Expense Ratio1.16%
NAV₹1006.50 (24 Jun 2021)
Fund Started15 Feb 2017
Fund Size648 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.1%
6.5%
-
6.6%
Category Average
7.4%
4.9%
5.8%
-
Rank Within Category
20
13
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 4.1% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
2. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Axis Bank Ltd.FinancialCD6.1%
Reserve Bank of IndiaFinancialT-Bills3.8%
IIFL Wealth Prime Ltd.FinancialCP3.8%
Reserve Bank of IndiaFinancialT-Bills3.8%
AU Small Finance Bank Ltd.FinancialCD3.8%
IDFC First Bank Ltd.FinancialCD3.7%
L&T Finance Ltd.FinancialCP3.1%
Godrej Properties Ltd.ConstructionCP3.0%
Power Finance Corpn. Ltd.FinancialDebenture2.4%
REC Ltd.FinancialDebenture2.4%
See All

Fund Managers

Rahul Pal
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Mahindra Manulife Low Duration Fund Regular IDCW Daily Details

Mahindra Manulife Low Duration Fund Regular IDCW Daily 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 Regular IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹648 Cr and the Latest NAV as of 24 Jun 2021 is ₹1006.50.

The Mahindra Manulife Low Duration Fund Regular IDCW Daily is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.

Investment Objective

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.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

₹1000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About Mahindra Mutual Fund

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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