Mahindra Manulife Ultra Short Term Fund Direct Growth+0.02%

6.82%
1 Year Return
Debt
Ultra Short Duration
6M
1Y
All

Fund Details

Mahindra Manulife Ultra Short Term Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.34%
NAV1071.44 (29 Oct 2020)
Fund Started17 Oct 2019
Fund Size165 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mahindra Manulife Ultra Short Term Fund Direct Growth
6.8%
NA
NA
6.9%
Category Average
5.5%
6.0%
6.5%
-
Rank within category
4
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 6.8% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

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    Steel Authority Of India Ltd.MetalsCP6.0%
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    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 Ultra Short Term Fund Direct Growth Details

    Mahindra Manulife Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 17 Oct 2019. Rahul Pal is the Current Fund Manager of Mahindra Manulife Ultra Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹165 Cr and the Latest NAV as of 29 Oct 2020 is ₹1071.44.

    The Mahindra Manulife Ultra Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.

    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.

    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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