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Blog
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Mahindra Manulife Ultra Short Duration Fund Direct Growth

Debt
Ultra Short Duration
Moderately Low Risk
+7.40%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 08 Jan '26
₹1,454.82
Min. SIP amount
₹500
Fund size
₹218.94 Cr
Expense ratio
0.28%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,880
+3.13%
3 years₹1,80,000₹2,00,224
+11.24%
5 years₹3,00,000₹3,55,662
+18.55%

Holdings (22)

NameSectorInstrumentsAssets
Indian Railway Finance Corporation Ltd.FinancialDebenture9.04%
HDFC Bank Ltd.FinancialCD5.89%
Godrej Industries Ltd.Consumer StaplesNCD5.04%
National Bank For Agriculture & Rural DevelopmentFinancialFRB5.04%
Godrej Properties Ltd.ConstructionNCD5.03%
ICICI Home Finance Company Ltd.FinancialFRB5.03%
Power Finance Corporation Ltd.FinancialNCD5.02%
Shriram Finance LtdFinancialDebenture5.01%
REC Ltd.FinancialDebenture5.01%
Nexus Select TrustConstructionDebenture5.01%
JM Financial Services Pvt. Ltd.FinancialCP4.96%
Embassy Office Parks REITConstructionNCD2.55%
Godrej Industries Ltd.Consumer StaplesDebenture2.52%
Shriram Finance LtdFinancialDebenture2.52%
Tata Capital Housing Finance Ltd.FinancialBonds/NCD2.52%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture2.51%
360 ONE Wealth Ltd.FinancialNCD2.51%
Cholamandalam Investment and Finance Company Ltd.FinancialDebenture2.50%
Reserve Bank of IndiaFinancialT-Bills2.46%
Reserve Bank of IndiaFinancialT-Bills2.44%
Cholamandalam Investment and Finance Company Ltd.FinancialCP2.43%
Bajaj Housing Finance Ltd.FinancialNCD1.26%
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
Name1Y3Y5YAll
Fund returns+7.1%+7.4%+6.2%+6.2%
Category average (Debt Ultra Short Duration)+6.7%+6.8%+5.7%--
Rank (Debt Ultra Short Duration)151213--

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

Name1Y3YFund Size(Cr)
Tata Ultra Short Term Fund Direct Growth
Tata Ultra Short Term Fund Direct Growth
+7.40%+7.54%4,560.56
Mirae Asset Ultra Short Duration Fund Direct Growth
Mirae Asset Ultra Short Duration Fund Direct Growth
+7.31%+7.52%2,067.19
Invesco India Ultra Short Duration Fund Direct Growth
Invesco India Ultra Short Duration Fund Direct Growth
+7.23%+7.42%1,233.91
Mahindra Manulife Ultra Short Duration Fund Direct Growth
Mahindra Manulife Ultra Short Duration Fund Direct Growth
+7.14%+7.40%218.94
PGIM India Ultra Short Duration Direct Growth
PGIM India Ultra Short Duration Direct Growth
+6.95%+7.23%174.71
Compare

Fund management

RP
Rahul Pal
Oct 2019 - 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.

AG
Amit Garg
Jun 2020 - Present
View details

About Mahindra Manulife Ultra Short Duration Fund Direct Growth

Mahindra Manulife Ultra Short 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. Rahul Pal is the Current Fund Manager of Mahindra Manulife Ultra Short Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 08 Jan 2026 is ₹1,454.82. The Mahindra Manulife Ultra Short Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;

Investment Objective

The Scheme seeks to generate regular income and capital appreciation through investment in a portfolio of short term debt & money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months.
Fund benchmarkCRISIL Ultra Short Duration Debt A-I Index
Scheme Information Document(SID)

Fund house

AMC Image
Mahindra Mutual Fund
Rank (total assets)#28 in India
Total AUM₹4,742.00 Cr
Date of Incorporation04 Feb 2016
Phone022-66327900
E-mail[email protected]
Websitewww.mahindramutualfund.com
Launch Date04 Feb 2016
Address1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
CustodianDeutsche Bank
Registrar & Transfer AgentCams
Email[email protected]
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka
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