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Mahindra Manulife Low Duration Fund Regular Dividend Daily+0.02%

5.95%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
All

Fund Details

Mahindra Manulife Low Duration Fund Regular Dividend Daily

RiskModerate
Min SIP Amount₹500
Expense Ratio1.16%
NAV₹1008.13 (21 Jan 2021)
Fund Started15 Feb 2017
Fund Size643 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.0%
6.8%
-
6.6%
Category Average
6.0%
5.0%
6.0%
-
Rank Within Category
19
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 6.0% returns per annum

Comparison

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

Top Holdings

NameSectorInstrument% Assets
Axis Bank Ltd.FinancialCD6.0%
Reliance Industries Ltd.EnergyDebenture4.1%
REC Ltd.FinancialNCD4.0%
IDFC First Bank Ltd.FinancialCD3.8%
Bank Of BarodaFinancialCD3.8%
Reserve Bank of IndiaFinancialT-Bills3.8%
Reserve Bank of IndiaFinancialT-Bills3.8%
AU Small Finance Bank Ltd.FinancialCD3.7%
IIFL Wealth Management LtdFinancialCP3.1%
Godrej Properties Ltd.ConstructionCP3.1%
See All

Fund Managers

Rahul Pal
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Mahindra Manulife Low Duration Fund Regular Dividend Daily Details

Mahindra Manulife Low Duration Fund Regular Dividend 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 Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹643 Cr and the Latest NAV as of 21 Jan 2021 is ₹1008.13.

The Mahindra Manulife Low Duration Fund Regular Dividend 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
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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