Mahindra Manulife Low Duration Fund Regular Growth+0.01%

6.80%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
All

Fund Details

Mahindra Manulife Low Duration Fund Regular Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio1.16%
NAV1278.53 (23 Oct 2020)
Fund Started15 Feb 2017
Fund Size483 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mahindra Manulife Low Duration Fund Regular Growth
6.8%
7.0%
NA
6.9%
Category Average
6.3%
5.1%
6.1%
-
Rank within category
17
13
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.8% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Union Bank of IndiaFinancialCD5.2%
    Reserve Bank of IndiaFinancialT-Bills5.1%
    Bank Of BarodaFinancialCD5.0%
    Reserve Bank of IndiaFinancialT-Bills5.0%
    Reliance Industries Ltd.EnergyBonds/Deb4.2%
    IDFC First Bank Ltd.FinancialCD4.1%
    Godrej Properties Ltd.ConstructionCP4.0%
    Power Finance Corpn. Ltd.FinancialDebenture3.2%
    REC Ltd.FinancialDebenture3.2%
    Muthoot Finance Ltd.FinancialBonds/NCD3.2%
    See All

    Fund Managers

    addRahul Pal
    Education
    Mr. Pal is a B.Com (H) and Chartered Accountant.
    Experience
    Prior to joining Mahindra Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
    Funds Managed

    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 ₹483 Cr and the Latest NAV as of 23 Oct 2020 is ₹1278.53.

    The Mahindra Manulife Low Duration Fund Regular Growth is rated Moderately Low 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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