Mahindra Manulife Short Duration Fund Direct Growth
DebtShort DurationLow to Moderate Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹77 Cr
Expense Ratio
0.28%
ISIN
INF174V01AM5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Feb 2021
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹13.31, Assets Under Management (AUM) of 76.50 Crores, and an expense ratio of 0.28%.
- Mahindra Manulife Short Duration Fund Direct Growth has given a CAGR return of 6.85% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 90.74% in debts, and 9.01% 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
+9.79%
+9.49% (Cat Avg.)
3 Years
+8.28%
+7.84% (Cat Avg.)
Since Inception
+6.85%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Debt | ₹69.42 Cr | 90.74% |
| Others | ₹7.08 Cr | 9.26% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹7.44 Cr | 9.73% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.11 Cr | 6.68% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹5.11 Cr | 6.68% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹5.1 Cr | 6.66% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹5.07 Cr | 6.63% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹5.03 Cr | 6.58% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹5.02 Cr | 6.57% |
| 6.75% Govt Stock 2029 | Bond - Gov't/Treasury | ₹4.14 Cr | 5.41% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹4.04 Cr | 5.28% |
| Reverse Repo | Cash - Repurchase Agreement | ₹4.03 Cr | 5.27% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹3.09 Cr | 4.04% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹3.08 Cr | 4.02% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹3.04 Cr | 3.98% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹3.04 Cr | 3.97% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹3.03 Cr | 3.96% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹2.51 Cr | 3.29% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹2.51 Cr | 3.28% |
| Net Receivables / (Payables) | Cash | ₹2.26 Cr | 2.96% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹1.53 Cr | 2.00% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹1.51 Cr | 1.98% |
| Triparty Repo | Cash - Repurchase Agreement | ₹0.6 Cr | 0.78% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹0.19 Cr | 0.25% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹57.83 Cr | 75.60% |
| Bond - Gov't/Treasury | ₹11.58 Cr | 15.14% |
| Cash - Repurchase Agreement | ₹4.63 Cr | 6.05% |
| Cash | ₹2.26 Cr | 2.96% |
| Mutual Fund - Open End | ₹0.19 Cr | 0.25% |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.95%
Cat. avg.
1.43%
Lower the better
Sharpe Ratio
This fund
1.51
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.29
Higher the better
Fund Managers
Rahul Pal
Since February 2021
Additional Scheme Detailsas of 31st May 2025
ISIN | INF174V01AM5 | Expense Ratio | 0.28% | Exit Load | No Charges | Fund Size | ₹77 Cr | Age | 4 years 3 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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  |
|---|---|---|---|---|
| Union Short Duration Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹721.97 Cr | - |
| Union Short Duration Fund Regular Growth Low Risk | 0.7% | 0.0% | ₹721.97 Cr | - |
| HSBC Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹3928.37 Cr | 9.9% |
| Groww Short Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹71.52 Cr | 9.9% |
| Groww Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹71.52 Cr | 8.7% |
| Invesco India Short Term Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹1051.40 Cr | 9.8% |
| ICICI Prudential Short Term Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹21283.50 Cr | 9.7% |
| Sundaram Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹214.18 Cr | 9.9% |
| Bandhan Bond Fund - Short Term Plan Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹10116.37 Cr | 10.0% |
| Nippon India Short Term Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹7057.73 Cr | 10.3% |
About the AMC
Total AUM
₹17,829 Cr
Address
570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
Other Funds by Mahindra Manulife Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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- Rahul Pal
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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