|Min SIP Amount||₹500|
|NAV||₹10.15 (10 May 2021)|
|Fund Started||23 Feb 2021|
|Fund Size||₹155 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||7.0%|
|National Bank For Agriculture & Rural Development||Financial||NCD||7.0%|
|IIFL Wealth Management Ltd||Financial||CP||7.0%|
|Tata Realty and Infrastructure Ltd.||Construction||CP||6.8%|
|JM Financial Services Pvt. Ltd.||Financial||CP||6.8%|
|AU Small Finance Bank Ltd.||Financial||CD||6.7%|
|Northern ARC Capital Ltd.||Financial||CP||4.2%|
Mahindra Manulife Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 23 Feb 2021. Rahul Pal is the Current Fund Manager of Mahindra Manulife Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹155 Cr and the Latest NAV as of 10 May 2021 is ₹10.15.
The Mahindra Manulife Short Term Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
The scheme seeks to generate income and capital appreciation through an actively managed diversified portfolio of Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.