How to Invest in Mahindra Manulife Ultra Short Duration Fund Growth?

You can easily invest in Mahindra Manulife Ultra Short Duration Fund 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 Ultra Short Duration Fund 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 Ultra Short Duration Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Ultra Short Duration Fund Growth provide?

The Mahindra Manulife Ultra Short Duration Fund Growth has been there from 17 Oct 2019 and the average annual returns provided by this fund is 6.48% since its inception.

How much expense ratio is charged by Mahindra Manulife Ultra Short Duration Fund Growth?

The term Expense Ratio used for Mahindra Manulife Ultra Short Duration Fund 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 Ultra Short Duration Fund Growth is 0.70% as of 09 Feb 2026...

What is the AUM of Mahindra Manulife Ultra Short Duration Fund Growth?

The AUM, short for Assets Under Management of Mahindra Manulife Ultra Short Duration Fund Growth is ₹210.12Cr as of 09 Feb 2026.

How to Redeem Mahindra Manulife Ultra Short Duration Fund Growth?

If you want to sell your Mahindra Manulife Ultra Short Duration Fund 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 Ultra Short Duration Fund Growth?

The NAV of Mahindra Manulife Ultra Short Duration Fund Growth is ₹1,422.55 as of 06 Feb 2026.

What is the PE and PB ratio of Mahindra Manulife Ultra Short Duration Fund Growth?

The PE ratio ratio of Mahindra Manulife Ultra Short Duration Fund 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).

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Mahindra Manulife Ultra Short Duration Fund Growth

Name: Mahindra Manulife Ultra Short Duration Fund Growth
Brand: Mahindra Mutual Fund

Debt

Ultra Short Duration

Moderately Low Risk

+6.92%

3Y annualised

-0.01% 1D

All

NAV: 06 Feb '26

₹1,422.55

Min. SIP amount

Not Supported

Fund size

₹210.12 Cr

Expense ratio

0.70%

Holdings (23)

Name	Sector	Instruments	Assets
REC Ltd.	Financial	NCD	8.25%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	8.25%
Canara Bank	Financial	CD	7.78%
HDFC Bank Ltd.	Financial	CD	5.39%
Godrej Industries Ltd.	Consumer Staples	NCD	4.59%
Power Finance Corporation Ltd.	Financial	NCD	4.58%
Godrej Properties Ltd.	Construction	NCD	4.58%
National Bank For Agriculture & Rural Development	Financial	FRB	4.58%
ICICI Home Finance Company Ltd.	Financial	FRB	4.58%
JM Financial Services Pvt. Ltd.	Financial	CP	4.55%
Bank Of Baroda	Financial	CD	4.47%
360 ONE Wealth Ltd.	Financial	NCD	3.44%
Embassy Office Parks REIT	Construction	NCD	2.32%
Shriram Finance Ltd	Financial	Debenture	2.30%
Tata Capital Housing Finance Ltd.	Financial	Bonds/NCD	2.30%
Godrej Industries Ltd.	Consumer Staples	Debenture	2.29%
Power Finance Corporation Ltd.	Financial	Debenture	2.29%
National Bank For Agriculture & Rural Development	Financial	Debenture	2.29%
360 ONE Wealth Ltd.	Financial	NCD	2.29%
Reserve Bank of India	Financial	T-Bills	2.26%
Reserve Bank of India	Financial	T-Bills	2.24%
Cholamandalam Investment and Finance Company Ltd.	Financial	CP	2.22%
Bajaj Housing Finance Ltd.	Financial	NCD	1.15%

See All

Minimum investments

Min. for 1st investment

Not Supported

Min. for 2nd investment

Not Supported

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	1Y	3Y	5Y	All
Fund returns	+6.5%	+6.9%	+5.8%	+5.7%
Category average (Debt Ultra Short Duration)	+6.7%	+6.8%	+5.7%	--
Rank (Debt Ultra Short Duration)	14	9	11	--

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)
	Aditya Birla Sun Life Savings Growth	+7.09%	+7.38%	22,856.80
	Mirae Asset Ultra Short Duration Fund Growth	+6.86%	+7.24%	1,851.72
	Baroda BNP Paribas Ultra Short Duration Fund Growth	+6.68%	+7.14%	796.71
	SBI Ultra Short Duration Fund Growth	+6.75%	+7.06%	14,031.67
	PGIM India Ultra Short Duration Plan Growth	--	--	510.34
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.

Also manages these schemes

Mahindra Manulife Income Plus Arbitrage Active FOF Growth

Mahindra Manulife Overnight Fund Growth

Mahindra Manulife Aggressive Hybrid Fund Growth

Mahindra Manulife Liquid Fund Growth

Mahindra Manulife Ultra Short Duration Fund Growth

Mahindra Manulife Arbitrage Fund Growth

AG
Amit Garg
Jun 2020 - 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 Income Plus Arbitrage Active FOF Growth

Mahindra Manulife Overnight Fund Growth

Mahindra Manulife Asia Pacific REITs FoF Growth

Mahindra Manulife Balanced Advantage Fund Growth

Mahindra Manulife Aggressive Hybrid Fund Growth

Mahindra Manulife Liquid Fund Growth

Mahindra Manulife Ultra Short Duration Fund Growth

Mahindra Manulife Low Duration Fund Growth

About Mahindra Manulife Ultra Short Duration Fund Growth

Mahindra Manulife Ultra Short Duration Fund 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 06 Feb 2026 is ₹1,422.55. The Mahindra Manulife Ultra Short Duration Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to ₹500. ;

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)