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 6.91% 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 0.34% as of 12 Jul 2026...

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 ₹561.32Cr as of 12 Jul 2026.

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.

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

The NAV of Mahindra Manulife Low Duration Fund Direct Growth is ₹1,874.63 as of 10 Jul 2026.

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).

Mahindra Manulife Low Duration Fund Direct Growth

Name: Mahindra Manulife Low Duration Fund Direct Growth
Brand: Mahindra Mutual Fund

Debt

Low Duration

Moderate Risk

+7.57%

3Y annualised

+0.05% 1D

All

NAV: 10 Jul '26

₹1,874.63

Min. for SIP

₹500

Fund size (AUM)

₹561.32 Cr

Expense ratio

0.34%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
6 months	₹30,000	₹30,338	+1.13%
1 year	₹60,000	₹61,578	+2.63%
3 years	₹1,80,000	₹1,99,510	+10.84%
5 years	₹3,00,000	₹3,56,566	+18.86%

Holdings (44)

Name	Sector	Instruments	Assets
GODREJ PROPERTIES LIMITED SR A 8.15 LOA 03JL26 FVRS1LAC	Real Estate	Non Convertible Debenture	4.81%
POWER FINANCE CORPORATION LIMITED SR 248B 7.45 NCD 15JL28 FVRS1LAC	Financial	Bonds	4.48%
EMBASSY OFFICE PARKS REIT SR XI 7.96 NCD 27SP27 FVRS1LAC	Real Estate	Non Convertible Debenture	4.48%
REC LIMITED SR 236-B 7.56 BD 31AG27 FVRS1LAC	Financial	Debenture	4.47%
LIC HOUSING FINANCE LIMITED TR- 353 7.75 LOA 23NV27 FVRS10LAC	Financial	Non Convertible Debenture	4.47%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC	Financial	Debenture	4.47%
AXIS BANK LIMITED CD 15OCT26	Financial	Certificate of Deposit	4.37%
360 ONE PRIME LIMITED SR VI TR I 9.61 NCD 18JN27 FVRS1000	Financial	Debenture	4.30%
CANARA BANK CD 28JAN27	Financial	Certificate of Deposit	4.29%
GODREJ INDUSTRIES LIMITED SR II 8.40 NCD 27AG27 FVRS1LAC	Diversified	Non Convertible Debenture	4.21%
TVS CREDIT SERVICES LIMITED 8.85 LOA 11JU27 FVRS1CR	Financial	Non Convertible Debenture	3.59%
7.74% LIC HSG TR448 NCD 22-10-27**	Financial	Debenture	3.58%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.79 BD 19AP27 FVRS1LAC	Financial	Bonds	3.58%
Repo	Unspecified	Repo	3.37%
PIRAMAL FINANCE LIMITED 9.12 NCD 06AG27 FVRS1LAC	Financial	Debenture	2.68%
JM FINANCIAL SERVICES LIMITED TR G 8.30 NCD 27MY27 FVRS1LAC	Financial	Debenture	2.66%
Net Receivables	Unspecified	Net Receivables	2.17%
GODREJ PROPERTIES LIMITED SR I 8.30 LOA 19MR27 FVRS1LAC	Real Estate	Debenture	1.79%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VII 7.75 BD 10JU27 FVRS1LAC	Financial	Debenture	1.79%
STATE DEVELOPMENT LOAN 30214 GUJ 31MR27 6.58 FV RS 100	Industrials	State Development Loan	1.79%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25A 7.70 BD 30SP27 FVRS1LAC	Financial	Debenture	1.79%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC	Financial	Bonds	1.79%
MUTHOOT FINANCE LIMITED 8.60 NCD 02MR28 FVRS1LAC	Financial	Non Convertible Debenture	1.79%
JM FINANCIAL PRODUCTS LIMITED TR DF 8.92 NCD 16NV26 FVRS1LAC	Financial	Debenture	1.78%
GODREJ SEEDS & GENETICS LIMITED SR 3 STRPP 7.68 NCD 28JL28 FVRS1LAC	Consumer Staples	Non Convertible Debenture	1.77%
MINDSPACE BUSINESS PARKS REIT SR NCD16 6.9601 NCD 08DC28 FVRS1LAC	Real Estate	Debenture	1.77%
TATA HOUSING DEVELOPMENT COMPANY LIMITED SR I 7.51 NCD 08DC28 FVRS1LAC	Industrials	Debenture	1.77%
GOVERNMENT OF INDIA 36628 364 DAYS TBILL 15OT26 FV RS 100	Financial	Treasury Bills	1.75%
182 Days Tbill (MD 17/12/2026)	Financial	Treasury Bills	1.74%
REC LIMITED SR 230-A 7.71 BD 26FB27 FVRS1LAC	Financial	Bonds	1.70%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR I 7.43 BD 31AU26 FVRS1LAC	Financial	Debenture	1.25%
Gujarat State SDL 7.71 01/03/2027	Industrials	State Development Loan	0.90%
Karnataka State SDL 7.08 14/12/2026	Unspecified	State Development Loan	0.90%
LIC HOUSING FINANCE LIMITED TR 417 OPT I 6.40 LOA 30NV26 FVRS10LAC	Financial	Debenture	0.89%
Indian Railway Finance Corporation Ltd Debenture 7.49 30/05/2027	Financial	Debenture	0.89%
EMBASSY OFFICE PARKS REIT SR XIII A 7.21 NCD 17MR28 FVRS1LAC	Real Estate	Debenture	0.89%
PIRAMAL FINANCE LIMITED 8.75 NCD 29OCT27 FVRS1LAC	Financial	Bonds/NCDs	0.89%
360 ONE PRIME LIMITED RR NCD 25JL28 FVRS1LAC	Financial	Debenture	0.89%
GOVERNMENT OF INDIA 37342 182 DAYS TBILL 08OT26 FV RS 100	Financial	Treasury Bills	0.88%
KOTAK MAHINDRA BANK LIMITED CD 29JAN27	Financial	Certificate of Deposit	0.86%
UNION BANK OF INDIA CD 19JAN27	Financial	Certificate of Deposit	0.86%
182 DAYS TREASURY BILL MD 23/07/2026	Financial	Treasury Bills	0.53%
Others Class A2 AIF	Unspecified	Alternative Investment Fund	0.32%
Others CBLO	Unspecified	CBLO	0.05%

See All

Minimum investments

Min. for 1st investment

₹1,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	1Y	3Y	5Y	All
Fund returns	+6.5%	+7.6%	+6.6%	+6.9%
Category average (Debt Low Duration)	+7.2%	+7.1%	+5.9%	--
Rank (Debt Low Duration)	2	5	10	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	ICICI Prudential Savings Fund Direct Plan Growth	+6.42%	+7.60%	25,884.88
	Kotak Low Duration Fund Direct Growth	+6.28%	+7.58%	11,522.71
	Nippon India Low Duration Fund Direct Growth	+6.42%	+7.52%	7,379.13
	Mirae Asset Low Duration Fund Direct Growth	+6.39%	+7.52%	2,085.14
	Axis Treasury Advantage Fund Direct Growth	+6.35%	+7.50%	4,649.75
Compare

Fund management

AG
Amit Garg
Jan 2026 - Present
View details

Education

Mr Garg is a B.Com, MMS Finance, CFA

Experience

Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.

Also manages these schemes

Mahindra Manulife Liquid Fund Direct Growth

Mahindra Manulife Low Duration Fund Direct Growth

Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Mahindra Manulife Overnight Fund Direct Growth

Mahindra Manulife Ultra Short Duration Fund Direct Growth

Mahindra Manulife Asia Pacific REITs FoF Direct Growth

Mahindra Manulife Balanced Advantage Fund Direct Growth

Mahindra Manulife Income Plus Arbitrage Active FOF Direct Growth

RP
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

Mahindra Manulife Liquid Fund Direct Growth

Mahindra Manulife Equity Savings Fund Direct Growth

Mahindra Manulife Low Duration Fund Direct Growth

Mahindra Manulife Dynamic Bond Fund Direct Growth

Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Mahindra Manulife Overnight Fund Direct Growth

Mahindra Manulife Ultra Short Duration Fund Direct Growth

Mahindra Manulife Arbitrage Fund Direct Growth

Mahindra Manulife Short Duration Fund Direct Growth

Mahindra Manulife Balanced Advantage Fund Direct Growth

Mahindra Manulife Multi Asset Allocation Fund Direct Growth

Mahindra Manulife Income Plus Arbitrage Active FOF Direct Growth

About Mahindra Manulife Low Duration Fund Direct Growth

Mahindra Manulife Low Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Amit Garg is the Current Fund Manager of Mahindra Manulife Low Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 10 Jul 2026 is ₹1,874.63. The Mahindra Manulife Low Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;

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.

Fund benchmarkCRISIL Low Duration Debt A-I Index

Scheme Information Document(SID)