Mutual Fund Details

Mahindra Manulife Low Duration Fund Direct - Growth

Name: Mahindra Manulife Low Duration Fund Direct - Growth
Brand: Mahindra Manulife Mutual Fund

Debt Low Duration

NAV

₹1620.6706

as on 05 Jul 2024, 11:12 PM

₹0.4140(0.03%)

Last Change

Scheme Ratings

Low Duration

3M Returns

rated by Value Research

Low Duration

Rankings based on 3M Returns | as on 05 Jul 2024

Mirae Asset Low Duration Fund Direct-Growth

1.94%

Kotak Low Duration Fund Direct-Growth

1.93%

HDFC Low Duration Fund Direct Plan-Growth

1.93%

Mahindra Manulife Low Duration Fund Direct - Growth

1.91%

HSBC Low Duration Fund Direct-Growth

1.90%

Schemes Managed By

Rahul Pal

Fund Manager

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,16,448

₹1,19,248

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹19,248

Profit (absolute return)

19.25%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

1.91%

In the last 6 months

3.95%

In the last 1 year

7.70%

In the last 3 years

19.25%

In the last 5 years

35.62%

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at moderate risk

Scheme Information

Mahindra Manulife Low Duration Fund Direct - Growth

as of 30 Jun 2024, 05:30 AM

₹481.99 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

0.30%

Expense Ratio

Plan

Growth

3.27%

Cash Holding

Benchmark

CRISIL Low Duration Debt A-I Index

Scheme Document

View

Benchmark

CRISIL Low Duration Debt A-I Index

Exit Load

No charges on withdrawal

Scheme Document

View

Companies Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Company

National Bank For Agriculture & Rural Development

6.54%

₹31.52 Cr

Axis Bank Ltd.

6.39%

₹30.80 Cr

Tata Realty and Infrastructure Ltd.

5.65%

₹27.23 Cr

LIC Housing Finance Ltd.

5.42%

₹26.12 Cr

Others

76.00%

₹366.31 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Company

National Bank For Agriculture & Rural Development

6.54%

₹31.52 Cr

Axis Bank Ltd.

6.39%

₹30.80 Cr

Tata Realty and Infrastructure Ltd.

5.65%

₹27.23 Cr

LIC Housing Finance Ltd.

5.42%

₹26.12 Cr

Others

76.00%

₹366.31 Cr

View All

Funds in this Category

This fund's returns:

6.03%

Return Duration

3 Years

Sundaram Low Duration Fund Direct-Growth

UTI Low Duration Fund Direct-Growth

Aditya Birla Sun Life Low Duration Fund Direct-Growth

About Mahindra Manulife Low Duration Fund Direct - Growth

Mahindra Manulife Low Duration Fund Direct - Growth is a Debt mutual fund scheme from Mahindra Manulife Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund manager Rahul Pal. It has an AUM of ₹481.99 Crores and the latest NAV decalared is ₹1620.671 as on 06 Jul 2024 at 5:37 am.

Mahindra Manulife Low Duration Fund Direct - Growth scheme return performance in last 1 year is 7.70%, in last 3 years is 19.25% and 61.93% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:	₹481.99 Cr
Category:	Debt: Low Duration
Launch Date:	Invalid date
Fund Type:	Open-End

About Fund Category

Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.