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Fund Overview

Fund Size

Fund Size

₹51 Cr

Expense Ratio

Expense Ratio

0.29%

ISIN

ISIN

INF174V01AM5

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

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 3 years, 3 months and 26 days, having been launched on 23-Feb-21.
As of 14-Jun-24, it has a Net Asset Value (NAV) of ₹12.11, Assets Under Management (AUM) of 51.08 Crores, and an expense ratio of 0.29%.
  • Mahindra Manulife Short Duration Fund Direct Growth has given a CAGR return of 5.97% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 90.37% in debts, and 9.41% 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

+7.60%

+5.44% (Cat Avg.)

3 Years

+5.79%

+5.04% (Cat Avg.)

Since Inception

+5.97%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Debt46.16 Cr90.37%
Others4.92 Cr9.63%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.32% Govt Stock 2030Bond - Gov't/Treasury16.72 Cr32.74%
8.34% Govt Stock 2033Bond - Gov't/Treasury5.09 Cr9.98%
Mindspace Business Parks ReitBond - Corporate Bond3.01 Cr5.89%
Cholamandalam Investment And Fin. Co. LtdBond - Corporate Bond2.99 Cr5.86%
Power Finance Corporation Ltd.Bond - Corporate Bond2.97 Cr5.81%
LIC Housing Finance LtdBond - Corporate Bond2.9 Cr5.67%
Shriram Finance LimitedBond - Corporate Bond2.5 Cr4.90%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond2.49 Cr4.87%
Bharti Telecom LimitedBond - Corporate Bond2 Cr3.92%
HDFC Bank LimitedCash - CD/Time Deposit1.93 Cr3.77%
360 One Prime LimitedBond - Corporate Bond1.5 Cr2.94%
Embassy Office Parks ReitBond - Corporate Bond1.5 Cr2.93%
Godrej Industries LimitedBond - Corporate Bond1.48 Cr2.91%
Tata Realty And Infrastructure LimitedBond - Corporate Bond1 Cr1.96%
Godrej Properties LimitedBond - Corporate Bond1 Cr1.95%
Net Receivables / (Payables)Cash0.95 Cr1.86%
Triparty RepoCash - Repurchase Agreement0.93 Cr1.82%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End0.11 Cr0.22%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond25.34 Cr49.61%
Bond - Gov't/Treasury21.82 Cr42.72%
Cash - CD/Time Deposit1.93 Cr3.77%
Cash0.95 Cr1.86%
Cash - Repurchase Agreement0.93 Cr1.82%
Mutual Fund - Open End0.11 Cr0.22%

Risk & Performance Ratios

Standard Deviation

This fund

1.12%

Cat. avg.

1.95%

Lower the better

Sharpe Ratio

This fund

0.15

Cat. avg.

-0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.01

Higher the better

Fund Managers

RP

Rahul Pal

Since February 2021

PP

Pranav Patel

Since January 2024

Additional Scheme Detailsas of 31st May 2024

ISININF174V01AM5Expense Ratio0.29%Exit LoadNo ChargesFund Size₹51 CrAge23 Feb 2021Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Short Duration Debt A-II 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 Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
Axis Short Term Fund Regular Growth

Moderate Risk

0.9%0.0%₹8006.89 Cr6.7%
Mirae Asset Short Term Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹336.44 Cr6.4%
Tata Short Term Bond Fund Regular Growth

Moderate Risk

1.2%0.0%₹2210.08 Cr6.3%
Bandhan Bond Fund - Short Term Plan Regular Growth

Moderate Risk

0.8%0.0%₹8759.17 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹336.44 Cr7.2%
ICICI Prudential Short Term Fund Regular Growth

Moderate Risk

1.1%0.0%₹18252.31 Cr7.3%
Mahindra Manulife Short Duration Fund Regular Growth

Moderate Risk

1.3%0.0%₹51.08 Cr6.6%
Mahindra Manulife Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹51.08 Cr7.6%
Nippon India Short Term Fund Regular Growth

Moderate Risk

0.9%0.0%₹5511.40 Cr6.8%
HDFC Short Term Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹13055.75 Cr7.3%

About the AMC

Total AUM

₹14,916 Cr

Address

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

Other Funds by Mahindra Manulife Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mahindra Manulife Business Cycle Fund Direct Growth

Very High Risk

0.4%1.0%₹877.71 Cr-
Mahindra Manulife Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹470.94 Cr34.8%
Mahindra Manulife Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1250.77 Cr7.4%
Mahindra Manulife ELSS Fund Direct Growth

Very High Risk

0.6%0.0%₹866.79 Cr34.2%
Mahindra Manulife Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹217.21 Cr6.8%
Mahindra Manulife Asia Pacific REITs FOF Direct Growth

Very High Risk

0.5%1.0%₹20.07 Cr-8.1%
Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk

0.7%1.0%₹491.46 Cr20.2%
Mahindra Manulife Dynamic Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹64.21 Cr7.9%
Mahindra Manulife Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹51.08 Cr7.6%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹73.62 Cr7.2%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Very High Risk

0.5%1.0%₹1168.14 Cr36.1%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹738.59 Cr30.5%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Mahindra Manulife Short Duration Fund Direct Growth, as of 14-Jun-2024, is ₹12.11.
The fund has generated 7.60% over the last 1 year and 5.79% 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, 90.37% in bonds, and 9.41% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Short Duration Fund Direct Growth are:-
  1. Rahul Pal
  2. Pranav Patel