Mahindra Manulife Ultra Short Term Fund Direct Growth0.00%

4
0.00%
1 Year Return
Debt
Ultra Short Duration
6M
All

Fund Details

Mahindra Manulife Ultra Short Term Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.33%
NAV1059.95 (07 Aug 2020)
Fund Started17 Oct 2019
Fund Size129 Cr

Comparison

Data not available
Pros
1. Lower expense ratio
2. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Risk-adjusted returns are lower compared to the category
4. Risk-adjusted returns are lower compared to the category

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See All

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 ₹129 Cr and the Latest NAV as of 07 Aug 2020 is ₹1059.95.

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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