Mahindra Manulife Short Duration Fund Direct Growth

Fund Overview

Fund Size

₹98 Cr

Expense Ratio

0.40%

ISIN

INF174V01AM5

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

23 Feb 2021

About this fund

Mahindra Manulife Short Duration Fund Direct Growth is a Short Duration mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 4 years, 11 months and 14 days, having been launched on 23-Feb-21.
As of 05-Feb-26, it has a Net Asset Value (NAV) of ₹13.77, Assets Under Management (AUM) of 97.84 Crores, and an expense ratio of 0.4%.

Mahindra Manulife Short Duration Fund Direct Growth has given a CAGR return of 6.68% since inception.
The fund's asset allocation comprises around 0.00% in equities, 74.79% in debts, and 24.95% in cash & cash equivalents.
You can start investing in Mahindra Manulife Short 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

+7.66%

+7.07% (Cat Avg.)

3 Years

+8.02%

+7.42% (Cat Avg.)

Since Inception

+6.68%

— (Cat Avg.)

Portfolio Summaryas of 15th January 2026

Debt	₹73.17 Cr	74.79%
Others	₹24.66 Cr	25.21%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Axis Bank Ltd	Cash - CD/Time Deposit	₹7.54 Cr	7.83%
6.68% Govt Stock 2040	Bond - Gov't/Treasury	₹5.3 Cr	5.50%
Embassy Office Parks Reit	Bond - Corporate Bond	₹5.08 Cr	5.28%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹5.06 Cr	5.25%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹5.04 Cr	5.24%
Cube Highways TRust	Bond - Corporate Bond	₹5 Cr	5.19%
Rec Limited	Bond - Corporate Bond	₹5 Cr	5.19%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹5 Cr	5.19%
Mindspace Business Parks Reit	Bond - Corporate Bond	₹4.97 Cr	5.16%
Godrej Seeds & Genetics Limited	Bond - Corporate Bond	₹4.96 Cr	5.14%
Bank Of Baroda	Cash - CD/Time Deposit	₹4.74 Cr	4.92%
Godrej Properties Limited	Bond - Corporate Bond	₹4 Cr	4.16%
Bharti Telecom Limited	Bond - Corporate Bond	₹3.08 Cr	3.20%
Godrej Industries Limited	Bond - Corporate Bond	₹3.03 Cr	3.15%
Muthoot Finance Limited	Bond - Corporate Bond	₹3.03 Cr	3.15%
Cholamandalam Investment And Finance Company Limited	Bond - Corporate Bond	₹3.02 Cr	3.14%
HDFC Bank Limited	Cash - CD/Time Deposit	₹2.99 Cr	3.10%
JM Financial Services Limited	Bond - Corporate Bond	₹2.98 Cr	3.10%
07.63 MH Sdl 2036	Bond - Gov't/Treasury	₹2.53 Cr	2.62%
360 One Prime Limited	Bond - Corporate Bond	₹2.51 Cr	2.60%
6.98% Manipur SDL 2017	Bond - Gov't/Treasury	₹2.4 Cr	2.50%
Net Receivables / (Payables)	Cash	₹2.34 Cr	2.43%
Piramal Finance Limited	Bond - Corporate Bond	₹2.01 Cr	2.09%
360 One Prime Limited	Bond - Corporate Bond	₹1.52 Cr	1.57%
Godrej Industries Limited	Bond - Corporate Bond	₹1.51 Cr	1.57%
Reverse Repo	Cash - Repurchase Agreement	₹0.72 Cr	0.74%
Triparty Repo	Cash - Repurchase Agreement	₹0.7 Cr	0.73%
Corporate Debt Market Development Fund Class A2	Mutual Fund - Open End	₹0.25 Cr	0.26%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹66.8 Cr	69.36%
Cash - CD/Time Deposit	₹15.27 Cr	15.85%
Bond - Gov't/Treasury	₹10.23 Cr	10.62%
Cash	₹2.34 Cr	2.43%
Cash - Repurchase Agreement	₹1.42 Cr	1.47%
Mutual Fund - Open End	₹0.25 Cr	0.26%

Risk & Performance Ratios

Fund Managers

Rahul Pal

Since February 2021

Kush Sonigara

Since January 2026

Additional Scheme Detailsas of 15th January 2026

ISIN

INF174V01AM5

Expense Ratio

0.40%

Exit Load

No Charges

Fund Size

₹98 Cr

Age

4 years 11 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Short Duration Debt A-II TR INR

Investment 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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
JioBlackRock Short Duration Fund Direct Growth Moderate Risk	-	0.0%	-	-
Union Short Duration Fund Direct Growth Low Risk	0.3%	0.0%	₹345.11 Cr	7.3%
Union Short Duration Fund Regular Growth Low Risk	0.4%	0.0%	₹345.11 Cr	6.9%
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4441.96 Cr	7.5%
Groww Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹130.00 Cr	7.7%
Groww Short Duration Fund Regular Growth Moderate Risk	1.0%	0.0%	₹130.00 Cr	6.9%
Invesco India Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1121.31 Cr	7.6%
ICICI Prudential Short Term Fund Direct Growth Moderate Risk	0.5%	0.0%	₹23472.80 Cr	8.2%
Sundaram Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹189.66 Cr	7.4%
Bandhan Bond Fund - Short Term Plan Direct Growth Moderate Risk	0.3%	0.0%	₹10381.96 Cr	7.5%
Nippon India Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹9723.46 Cr	7.9%
Kotak Bond Fund Short Term Plan Direct Growth Low to Moderate Risk	0.4%	0.0%	₹18022.01 Cr	7.6%
LIC MF Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹264.03 Cr	7.6%
LIC MF Short Duration Fund Regular Growth Low to Moderate Risk	1.3%	0.0%	₹264.03 Cr	6.6%
Canara Robeco Short Duration Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹434.55 Cr	6.4%
SBI Short Term Debt Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹17515.84 Cr	7.2%
Bank of India S/T Income Regular Growth Low to Moderate Risk	1.0%	0.0%	₹290.76 Cr	6.5%
Baroda BNP Paribas Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹284.07 Cr	6.9%
JM Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹86.50 Cr	7.4%
JM Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹86.50 Cr	6.6%
Invesco India Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹1121.31 Cr	6.9%
Axis Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹12707.93 Cr	8.1%
UTI Short Term Income Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹3181.38 Cr	7.3%
HDFC Short Term Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹18078.88 Cr	7.6%
Aditya Birla Sun Life Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹10574.78 Cr	7.9%
Bank of India S/T Income Direct Growth Low to Moderate Risk	0.5%	0.0%	₹290.76 Cr	7.1%
Baroda BNP Paribas Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹284.07 Cr	7.6%
SBI Short Term Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹17515.84 Cr	7.7%
Tata Short Term Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3369.17 Cr	7.1%
Canara Robeco Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹434.55 Cr	7.0%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3905.96 Cr	7.4%
PGIM India Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹27.94 Cr	6.7%
HSBC Short Duration Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹4441.96 Cr	7.1%
UTI Short Term Income Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹3181.38 Cr	6.9%
TrustMF Short Term Fund Regular Growth Moderate Risk	0.7%	0.0%	₹102.43 Cr	7.0%
TrustMF Short Term Fund Direct Growth Moderate Risk	0.2%	0.0%	₹102.43 Cr	7.5%
Aditya Birla Sun Life Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹10574.78 Cr	7.2%
Kotak Bond Fund Short Term Plan Regular Growth Low to Moderate Risk	1.1%	0.0%	₹18022.01 Cr	6.8%
Sundaram Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹189.66 Cr	6.8%
DSP Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹3905.96 Cr	6.7%
PGIM India Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹27.94 Cr	6.1%
HDFC Short Term Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹18078.88 Cr	7.3%
Nippon India Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹9723.46 Cr	7.3%
Mahindra Manulife Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹97.84 Cr	7.7%
Mahindra Manulife Short Duration Fund Regular Growth Low to Moderate Risk	1.3%	0.0%	₹97.84 Cr	6.6%
ICICI Prudential Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹23472.80 Cr	7.6%
Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹588.90 Cr	7.6%
Bandhan Bond Fund - Short Term Plan Regular Growth Moderate Risk	0.8%	0.0%	₹10381.96 Cr	6.9%
Tata Short Term Bond Fund Regular Growth Moderate Risk	1.2%	0.0%	₹3369.17 Cr	6.2%
Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk	1.1%	0.0%	₹588.90 Cr	6.7%

About the AMC

Mahindra Manulife Mutual Fund

022-66327900

https://www.mahindramanulife.com/

Total AUM

₹33,642 Cr

Address

570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018

Other Funds by Mahindra Manulife Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mahindra Manulife Innovation Opportunities Fund Direct Growth Very High Risk	-	0.0%	-	-
Mahindra Manulife Income Plus Arbitrage Active FOF Direct Growth Moderate Risk	0.1%	0.0%	₹34.37 Cr	-
Mahindra Manulife Banking & Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹380.46 Cr	-
Mahindra Manulife Value Fund Direct Growth Very High Risk	0.5%	0.0%	₹660.46 Cr	-
Mahindra Manulife Manufacturing Fund Direct Growth Very High Risk	0.8%	0.0%	₹741.05 Cr	10.7%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	0.0%	₹930.83 Cr	23.0%
Mahindra Manulife Business Cycle Fund Direct Growth Very High Risk	0.5%	1.0%	₹1305.64 Cr	12.9%
Mahindra Manulife Large Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹755.51 Cr	10.1%
Mahindra Manulife Liquid Fund Direct Growth Moderate Risk	0.1%	0.0%	₹1215.68 Cr	6.5%
Mahindra Manulife Large & Mid Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2776.86 Cr	8.0%
Mahindra Manulife ELSS Fund Direct Growth Very High Risk	0.6%	0.0%	₹973.16 Cr	9.0%
Mahindra Manulife Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹85.25 Cr	5.7%
Mahindra Manulife Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹4223.69 Cr	5.2%
Mahindra Manulife Flexi Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹1596.73 Cr	8.9%
Mahindra Manulife Consumption Fund Direct Growth Very High Risk	0.6%	1.0%	₹559.43 Cr	0.7%
Mahindra Manulife Focused Fund Direct Growth Very High Risk	0.4%	1.0%	₹2227.85 Cr	9.7%
Mahindra Manulife Asia Pacific REITs FOF Direct Growth Very High Risk	0.5%	1.0%	₹42.10 Cr	30.4%
Mahindra Manulife Equity Savings Fund Direct Growth Moderately High risk	0.7%	1.0%	₹566.91 Cr	9.3%
Mahindra Manulife Multi Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹6132.78 Cr	9.7%
Mahindra Manulife Dynamic Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹86.00 Cr	6.4%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹218.94 Cr	7.0%
Mahindra Manulife Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹97.84 Cr	7.7%
Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹4294.84 Cr	9.6%
Mahindra Manulife Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹99.77 Cr	6.2%
Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹599.35 Cr	7.5%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth Very High Risk	0.4%	1.0%	₹2108.49 Cr	9.6%
Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk	0.5%	1.0%	₹928.21 Cr	7.2%

Risk Level

Your principal amount will be at Low to Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of Mahindra Manulife Short Duration Fund Direct Growth?

The NAV of Mahindra Manulife Short Duration Fund Direct Growth, as of 05-Feb-2026, is ₹13.77.

What are the returns of Mahindra Manulife Short Duration Fund Direct Growth?

The fund has generated 7.66% over the last 1 year and 8.02% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Mahindra Manulife Short Duration Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 74.79% in bonds, and 24.95% in cash and cash equivalents.

Who manages the Mahindra Manulife Short Duration Fund Direct Growth?

The fund managers responsible for Mahindra Manulife Short Duration Fund Direct Growth are:-

Rahul Pal
Kush Sonigara

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Mahindra Manulife Short Duration Fund Direct Growth

Fund Overview