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Fund Overview

Fund Size

Fund Size

₹561 Cr

Expense Ratio

Expense Ratio

0.30%

ISIN

ISIN

INF174V01267

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

15 Feb 2017

About this fund

Mahindra Manulife Low Duration Fund Direct Growth is a Low Duration mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 7 years, 3 months and 3 days, having been launched on 15-Feb-17.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹1603.96, Assets Under Management (AUM) of 561.13 Crores, and an expense ratio of 0.3%.
  • Mahindra Manulife Low Duration Fund Direct Growth has given a CAGR return of 6.73% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 65.04% in debts, and 34.74% in cash & cash equivalents.
  • You can start investing in Mahindra Manulife Low Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.61%

+6.08% (Cat Avg.)

3 Years

+5.85%

+5.12% (Cat Avg.)

5 Years

+6.32%

+5.05% (Cat Avg.)

Since Inception

+6.73%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Debt364.97 Cr65.04%
Others196.16 Cr34.96%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Reverse RepoCash - Repurchase Agreement37.33 Cr6.65%
Axis Bank LimitedCash - CD/Time Deposit28.59 Cr5.09%
Godrej Industries LimitedBond - Corporate Bond28.18 Cr5.02%
Shriram Finance LimitedBond - Corporate Bond25.14 Cr4.48%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.9 Cr4.44%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.82 Cr4.42%
Export Import Bank Of IndiaBond - Corporate Bond24.47 Cr4.36%
360 One Prime LimitedBond - Corporate Bond24.07 Cr4.29%
HDFC Bank LimitedCash - CD/Time Deposit23.92 Cr4.26%
8.34% Govt Stock 2033Bond - Gov't/Treasury20.47 Cr3.65%
Tata Realty And Infrastructure LimitedBond - Corporate Bond19.94 Cr3.55%
Rec LimitedBond - Corporate Bond19.86 Cr3.54%
Bharti Telecom LimitedBond - Corporate Bond15 Cr2.67%
Mindspace Business Parks ReitBond - Corporate Bond15 Cr2.67%
National Housing BankBond - Corporate Bond14.95 Cr2.66%
Embassy Office Parks ReitBond - Corporate Bond14.9 Cr2.65%
LIC Housing Finance LtdBond - Corporate Bond14.77 Cr2.63%
JM Financial Products Limited 8.92%Bond - Corporate Bond14.67 Cr2.61%
ICICI Bank LimitedCash - CD/Time Deposit14.47 Cr2.58%
India (Republic of)Bond - Short-term Government Bills14.06 Cr2.51%
Tata Realty And Infrastructure LimitedBond - Corporate Bond13.99 Cr2.49%
Embassy Office Parks ReitBond - Corporate Bond12.47 Cr2.22%
Axis Bank LimitedCash - CD/Time Deposit12.46 Cr2.22%
7.32% Govt Stock 2030Bond - Gov't/Treasury10.06 Cr1.79%
Bharti Telecom LimitedBond - Corporate Bond9.99 Cr1.78%
Bajaj Housing Finance LimitedBond - Corporate Bond9.97 Cr1.78%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond9.91 Cr1.77%
Piramal Capital & Housing Finance LimitedCash - Commercial Paper9.9 Cr1.76%
Muthoot Finance LimitedBond - Corporate Bond9.86 Cr1.76%
ICICI Bank Ltd.Bond - Corporate Bond9.46 Cr1.69%
Net Receivables / (Payables)Cash-8.37 Cr1.49%
Triparty RepoCash - Repurchase Agreement7.78 Cr1.39%
LIC Housing Finance LtdBond - Corporate Bond5.99 Cr1.07%
08.16 MH Sdl 2025Bond - Gov't/Treasury5.05 Cr0.90%
Power Grid Corporation Of India LimitedBond - Corporate Bond5.01 Cr0.89%
LIC Housing Finance LimitedBond - Corporate Bond4.99 Cr0.89%
Motilal Oswal Financial Services LtdCash - Commercial Paper4.95 Cr0.88%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond4.93 Cr0.88%
Cholamandalam Investment And Fin. Co. LtdBond - Corporate Bond1.99 Cr0.36%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End1.25 Cr0.22%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond379.23 Cr67.58%
Cash - CD/Time Deposit79.43 Cr14.16%
Cash - Repurchase Agreement45.11 Cr8.04%
Bond - Gov't/Treasury35.58 Cr6.34%
Cash - Commercial Paper14.84 Cr2.65%
Bond - Short-term Government Bills14.06 Cr2.51%
Cash-8.37 Cr1.49%
Mutual Fund - Open End1.25 Cr0.22%

Risk & Performance Ratios

Standard Deviation

This fund

0.63%

Cat. avg.

0.90%

Lower the better

Sharpe Ratio

This fund

0.63

Cat. avg.

-0.61

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.24

Higher the better

Fund Managers

RP

Rahul Pal

Since February 2017

Additional Scheme Detailsas of 30th April 2024

ISININF174V01267Expense Ratio0.30%Exit LoadNo ChargesFund Size₹561 CrAge15 Feb 2017Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Low Duration Debt A-I TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Low Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
Mahindra Manulife Low Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹561.13 Cr7.6%
Mahindra Manulife Low Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹561.13 Cr6.8%
Tata Treasury Advantage Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹2349.85 Cr6.9%
Kotak Low Duration Fund Regular Growth

Moderate Risk

1.2%0.0%₹9235.14 Cr6.8%
Mirae Asset Savings Fund Regular Growth

Moderate Risk

0.9%0.0%₹594.96 Cr7.1%
HDFC Low Duration Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹16714.34 Cr7.1%
Bandhan Low Duration Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹5228.75 Cr6.9%
Canara Robeco Savings Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹836.57 Cr7.0%
ICICI Prudential Savings Fund Regular Growth

Moderate Risk

0.5%0.0%₹18176.12 Cr7.8%
Sundaram Low Duration Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹514.99 Cr6.6%

About the AMC

Total AUM

₹4,14,792 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Kotak FMP Series 327 Direct Growth

Moderately High risk

-0.0%--
Kotak FMP Series 326 - 175 Days Direct Growth

Moderately High risk

----
Kotak FMP Series 325 - 90 Days Direct Growth

Moderate Risk

-0.0%--
Kotak FMP Series 324 - 109 Days Direct Growth

Moderately High risk

-0.0%--
Kotak Healthcare Fund Direct Growth

Very High Risk

0.7%1.0%₹290.95 Cr-
Kotak FMP Series 323 Direct Growth

Low Risk

-0.0%--
Kotak Consumption Fund Direct Growth

Very High Risk

0.7%1.0%₹547.81 Cr-
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹21.93 Cr-
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹5755.21 Cr-
Kotak S&P BSE Housing Index Fund Direct Growth

Very High Risk

0.2%0.0%₹10.13 Cr-
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 308 - 1125 Days Direct Growth

Low Risk

-0.0%-7.6%
Kotak Yearly Interval Plan Series 1 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth

Low to Moderate Risk

----
Kotak FMP Series 304 Direct Growth

Moderate Risk

---6.7%
Kotak Fixed Maturity Plan Series 262 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 291 - 1826 Days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 264 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 310 - 1131 Days Direct Growth

Moderate Risk

-0.0%-6.8%
Kotak FMP Series 306 Direct Growth

Moderate Risk

-0.0%--
Kotak Quarterly Interval Series 12 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 249 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 295 Direct Growth

Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 258 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 298 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 290 - 1180 Days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Monthly Interval Series 4 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 293 - 1826 Days Direct Growth

Moderate Risk

-0.0%--
Kotak India Growth Fund Series IV Direct Growth

Very High Risk

0.3%0.0%₹132.94 Cr50.2%
Kotak Fixed Maturity Plan Series 260 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 287 - 1188 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Fixed Maturity Plan Series 272 Direct Growth

Low to Moderate Risk

----
Kotak Fixed Maturity Plan Series 273 Direct Growth

Low to Moderate Risk

----
Kotak FMP Series 305 Direct Growth

Low to Moderate Risk

-0.0%-6.7%
Kotak FMP Series 300 - 1223 days Direct Growth

Low to Moderate Risk

-0.0%-6.7%
Kotak Quarterly Interval Series 13 Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 292 - 1735 Days Direct Growth

Low to Moderate Risk

-0.0%₹421.44 Cr7.0%
Kotak FMP Series 289 -1179 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak FMP Series 288 -1177 days Direct Growth

Low to Moderate Risk

-0.0%--
Kotak Small Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹14815.19 Cr43.9%
Kotak Flexicap Fund Direct Growth

Very High Risk

0.6%1.0%₹47465.64 Cr36.7%
Kotak Equity Opportunities Fund Direct Growth

Very High Risk

0.5%1.0%₹21495.80 Cr47.5%
Kotak Taxsaver Fund Direct Growth

Very High Risk

0.6%0.0%₹5608.21 Cr42.8%
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹114.01 Cr-
Kotak Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹631.09 Cr24.4%
Kotak Infrastructure and Economic Reform Fund Direct Growth

Very High Risk

0.7%1.0%₹1803.53 Cr62.0%
Kotak Low Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹9235.14 Cr7.6%
Kotak Bluechip Fund Direct Growth

Very High Risk

0.6%1.0%₹8027.99 Cr32.8%
Kotak Bond Fund Direct Growth

Moderate Risk

0.7%0.0%₹1831.30 Cr7.4%
Kotak Bond Fund Short Term Plan Direct Growth

Moderate Risk

0.4%0.0%₹14803.86 Cr7.2%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Mahindra Manulife Low Duration Fund Direct Growth, as of 17-May-2024, is ₹1603.96.
The fund has generated 7.61% over the last 1 year and 5.85% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 65.04% in bonds, and 34.74% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Low Duration Fund Direct Growth are:-
  1. Rahul Pal