|Min SIP Amount||₹500|
|NAV||₹1066.15 (23 Oct 2020)|
|Fund Started||17 Oct 2019|
|Fund Size||₹165 Cr|
|National Bank For Agriculture & Rural Development||Financial||Debenture||6.4%|
|National Thermal Power Corp. Ltd.||Energy||Bonds||6.2%|
|Reliance Jio Infocomm Ltd.||Communication||CP||6.1%|
|AU Small Finance Bank Ltd.||Financial||CD||6.0%|
|Steel Authority Of India Ltd.||Metals||CP||6.0%|
|Larsen & Toubro Ltd.||Construction||CP||6.0%|
|IDFC First Bank Ltd.||Financial||CD||6.0%|
|Reserve Bank of India||Financial||T-Bills||6.0%|
|Power Finance Corpn. Ltd.||Financial||Debenture||3.2%|
Mahindra Manulife Ultra Short Term Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹165 Cr and the Latest NAV as of 23 Oct 2020 is ₹1066.15.
The Mahindra Manulife Ultra Short Term Fund Regular Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.