Fund Details
Mahindra Manulife Low Duration Fund Regular Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.16% |
| NAV | ₹1287.81 (27 Jan 2021) |
|---|---|
| Fund Started | 15 Feb 2017 |
| Fund Size | ₹643 Cr |
Returns
Comparison
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
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | CD | 6.0% |
| Reliance Industries Ltd. | Energy | Debenture | 4.1% |
| REC Ltd. | Financial | NCD | 4.0% |
| IDFC First Bank Ltd. | Financial | CD | 3.8% |
| Bank Of Baroda | Financial | CD | 3.8% |
| Reserve Bank of India | Financial | T-Bills | 3.8% |
| Reserve Bank of India | Financial | T-Bills | 3.8% |
| AU Small Finance Bank Ltd. | Financial | CD | 3.7% |
| IIFL Wealth Management Ltd | Financial | CP | 3.1% |
| Godrej Properties Ltd. | Construction | CP | 3.1% |
Fund Managers
Mahindra Manulife Low Duration Fund Regular Growth Details
Mahindra Manulife Low Duration Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹643 Cr and the Latest NAV as of 27 Jan 2021 is ₹1287.81.
The Mahindra Manulife Low Duration Fund Regular Growth 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.
