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Mahindra Manulife Ultra Short Duration Fund Direct Growth

Mahindra Manulife Ultra Short Duration Fund Direct Growth

DebtUltra Short DurationModerate Risk

Direct

down-icon

NAV (12-Sep-25)

₹1427.530.00%1D

Returns (Since Inception)

6.21%
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Fund Overview

Fund Size

Fund Size

₹259 Cr

Expense Ratio

Expense Ratio

0.28%

ISIN

ISIN

INF174V01887

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

18 Oct 2019

About this fund

Mahindra Manulife Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 5 years, 10 months and 28 days, having been launched on 18-Oct-19.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹1427.53, Assets Under Management (AUM) of 258.65 Crores, and an expense ratio of 0.28%.
  • Mahindra Manulife Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.21% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 65.05% in debts, and 34.63% in cash & cash equivalents.
  • You can start investing in Mahindra Manulife Ultra 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

+7.65%

+7.13% (Cat Avg.)

3 Years

+7.43%

+6.81% (Cat Avg.)

5 Years

+6.05%

+5.62% (Cat Avg.)

Since Inception

+6.21%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2025

Debt₹168.26 Cr65.05%
Others₹90.39 Cr34.95%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Indian Railway Finance Corporation LimitedBond - Corporate Bond₹18.11 Cr8.65%
Godrej Properties LimitedBond - Corporate Bond₹10.08 Cr4.82%
ICICI Home Finance Company LimitedBond - Corporate Bond₹10.08 Cr4.82%
Shriram Finance LimitedBond - Corporate Bond₹10.05 Cr4.80%
Power Finance Corporation LimitedBond - Corporate Bond₹10.05 Cr4.80%
Power Finance Corporation LimitedBond - Corporate Bond₹10.05 Cr4.80%
Nexus Select TRustBond - Corporate Bond₹10.04 Cr4.80%
Rec LimitedBond - Corporate Bond₹9.98 Cr4.77%
JM Financial Services LimitedCash - Commercial Paper₹9.91 Cr4.74%
Punjab National BankCash - CD/Time Deposit₹9.85 Cr4.71%
Axis Bank LimitedCash - CD/Time Deposit₹9.83 Cr4.70%
Reverse RepoCash - Repurchase Agreement₹6.3 Cr3.01%
Net Receivables / (Payables)Cash₹5.32 Cr2.54%
Embassy Office Parks ReitBond - Corporate Bond₹5.1 Cr2.44%
Godrej Industries LimitedBond - Corporate Bond₹5.06 Cr2.42%
Shriram Finance LimitedBond - Corporate Bond₹5.05 Cr2.42%
Tata Capital Housing Finance LimitedBond - Corporate Bond₹5.05 Cr2.41%
08.15 Tn SDL 2025Bond - Gov't/Treasury₹5.02 Cr2.40%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond₹5.02 Cr2.40%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond₹5.02 Cr2.40%
Rec LimitedBond - Corporate Bond₹5.02 Cr2.40%
360 One Prime LimitedBond - Corporate Bond₹5.02 Cr2.40%
Muthoot Finance LimitedBond - Corporate Bond₹5 Cr2.39%
364 DTB 04122025Bond - Gov't/Treasury₹4.93 Cr2.36%
364 DTB 11122025Bond - Gov't/Treasury₹4.93 Cr2.35%
HDFC Bank LimitedCash - CD/Time Deposit₹4.91 Cr2.35%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit₹4.89 Cr2.34%
Cholamandalam Inv & Fi Cp Red 22-05-2026**Cash - Commercial Paper₹4.76 Cr2.27%
Bajaj Housing Finance LimitedBond - Corporate Bond₹2.52 Cr1.20%
Triparty RepoCash - Repurchase Agreement₹1.64 Cr0.79%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End₹0.65 Cr0.31%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond₹136.28 Cr65.13%
Cash - CD/Time Deposit₹29.49 Cr14.09%
Bond - Gov't/Treasury₹14.88 Cr7.11%
Cash - Commercial Paper₹14.67 Cr7.01%
Cash - Repurchase Agreement₹7.95 Cr3.80%
Cash₹5.32 Cr2.54%
Mutual Fund - Open End₹0.65 Cr0.31%

Risk & Performance Ratios

Standard Deviation

This fund

0.28%

Cat. avg.

0.46%

Lower the better

Sharpe Ratio

This fund

2.63

Cat. avg.

0.43

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.69

Higher the better

Fund Managers

RP

Rahul Pal

Since October 2019

AG

Amit Garg

Since June 2020

Additional Scheme Detailsas of 31st August 2025

ISIN
INF174V01887
Expense Ratio
0.28%
Exit Load
No Charges
Fund Size
₹259 Cr
Age
5 years 10 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
CRISIL Ultra Short Dura 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 Ultra Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
Franklin India Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹297.17 Cr7.3%
Franklin India Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹297.17 Cr7.8%
Invesco India Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1198.92 Cr7.7%
Motilal Oswal Ultra Short Term Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹600.31 Cr5.7%
Motilal Oswal Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹600.31 Cr6.5%
ITI Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹170.38 Cr6.5%
ITI Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹170.38 Cr7.3%
Sundaram Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2225.47 Cr7.7%
Nippon India Ultra Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹10856.49 Cr7.9%
Kotak Savings Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹15667.19 Cr7.6%
Tata Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4907.76 Cr7.9%
Tata Ultra Short Term Fund Regular Growth

Moderate Risk

1.1%0.0%₹4907.76 Cr7.0%
ICICI Prudential Ultra Short Term Fund Regular Growth

Moderate Risk

0.8%0.0%₹17076.56 Cr7.4%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Direct Growth

Moderate Risk

0.4%0.0%-195.1%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Regular Growth

Moderate Risk

1.2%0.0%-195.1%
WhiteOak Capital Ultra Short Term Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹555.21 Cr6.8%
WhiteOak Capital Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹555.21 Cr7.4%
DSP Ultra Short Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹3772.40 Cr7.1%
Mirae Asset Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹1715.24 Cr7.5%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1715.24 Cr7.8%
UTI Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4337.24 Cr7.7%
Aditya Birla Sun Life Savings Fund Direct Growth

Moderate Risk

0.3%0.0%₹21521.30 Cr8.1%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹196.23 Cr7.3%
SBI Magnum Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹16317.58 Cr7.5%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2924.03 Cr7.6%
HSBC Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹2924.03 Cr7.3%
Bandhan Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹4216.54 Cr7.3%
Bandhan Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4216.54 Cr7.5%
ICICI Prudential Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹17076.56 Cr7.8%
Canara Robeco Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹667.00 Cr7.5%
DSP Ultra Short Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3772.40 Cr7.8%
PGIM India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹202.36 Cr7.5%
Axis Ultra Short Term Fund Regular Growth

Moderate Risk

1.2%0.0%₹6763.84 Cr7.0%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹6763.84 Cr7.8%
Sundaram Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

1.5%0.0%₹2225.47 Cr6.3%
Aditya Birla Sun Life Savings Fund Regular Growth

Moderate Risk

0.5%0.0%₹21521.30 Cr7.9%
Kotak Savings Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹15667.19 Cr7.1%
Invesco India Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹1198.92 Cr7.3%
SBI Magnum Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹16317.58 Cr7.3%
Bank of India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹196.23 Cr6.8%
HDFC Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹17328.44 Cr7.3%
HDFC Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹17328.44 Cr7.7%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹258.65 Cr7.6%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹258.65 Cr7.2%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹10856.49 Cr7.1%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹4337.24 Cr7.0%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹257.79 Cr6.8%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹257.79 Cr7.6%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1614.95 Cr7.6%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1614.95 Cr7.4%

About the AMC

Mahindra Manulife Mutual Fund

Mahindra Manulife Mutual Fund

phone022-66327900
e-mailhttps://www.mahindramanulife.com/

Total AUM

₹19,132 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 Banking & Financial Services Fund Direct Growth

Very High Risk

0.6%0.0%₹286.55 Cr-
Mahindra Manulife Value Fund Direct Growth

Very High Risk

0.6%0.0%₹483.32 Cr-
Mahindra Manulife Manufacturing Fund Direct Growth

Very High Risk

0.7%0.0%₹839.29 Cr-2.3%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹630.13 Cr11.0%
Mahindra Manulife Business Cycle Fund Direct Growth

Very High Risk

0.5%1.0%₹1226.81 Cr-5.4%
Mahindra Manulife Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹708.93 Cr-1.1%
Mahindra Manulife Liquid Fund Direct Growth

Moderate Risk

0.1%0.0%₹1133.95 Cr7.0%
Mahindra Manulife Large & Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2687.96 Cr-3.5%
Mahindra Manulife ELSS Fund Direct Growth

Very High Risk

0.6%0.0%₹952.81 Cr0.3%
Mahindra Manulife Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹183.35 Cr6.2%
Mahindra Manulife Small Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹4052.92 Cr-7.8%
Mahindra Manulife Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹1528.56 Cr-0.8%
Mahindra Manulife Consumption Fund Direct Growth

Very High Risk

0.7%1.0%₹514.52 Cr-4.4%
Mahindra Manulife Focused Fund Direct Growth

Very High Risk

0.4%1.0%₹2136.65 Cr-3.8%
Mahindra Manulife Asia Pacific REITs FOF Direct Growth

Very High Risk

0.5%1.0%₹40.09 Cr13.4%
Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk

0.7%1.0%₹551.87 Cr4.1%
Mahindra Manulife Multi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹5727.03 Cr-2.2%
Mahindra Manulife Dynamic Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹115.87 Cr7.3%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹258.65 Cr7.6%
Mahindra Manulife Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹78.73 Cr8.8%
Mahindra Manulife Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹3920.88 Cr-4.1%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹96.95 Cr6.1%
Mahindra Manulife Low Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹647.22 Cr8.2%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Very High Risk

0.5%1.0%₹1811.08 Cr3.3%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹923.06 Cr2.4%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

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The NAV of Mahindra Manulife Ultra Short Duration Fund Direct Growth, as of 12-Sep-2025, is ₹1427.53.
The fund has generated 7.65% over the last 1 year and 7.43% 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, 65.05% in bonds, and 34.63% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Ultra Short Duration Fund Direct Growth are:-
  1. Rahul Pal
  2. Amit Garg
info
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.
;
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Mahindra Manulife Ultra Short Duration Fund Direct Growth

DebtUltra Short DurationModerate Risk

Direct

down-icon

NAV (12-Sep-25)

₹1427.530.00%1D

Returns (Since Inception)

6.21%
Wealth Monitor

Are your funds underperforming?

Identify red flags in your portfolio using the Wealth Monitor app!

Rated ★4.3+ on appstoreplaystore

Fund Overview

Fund Size

Fund Size

₹259 Cr

Expense Ratio

Expense Ratio

0.28%

ISIN

ISIN

INF174V01887

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

18 Oct 2019

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

About this fund

Mahindra Manulife Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 5 years, 10 months and 28 days, having been launched on 18-Oct-19.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹1427.53, Assets Under Management (AUM) of 258.65 Crores, and an expense ratio of 0.28%.
  • Mahindra Manulife Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.21% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 65.05% in debts, and 34.63% in cash & cash equivalents.
  • You can start investing in Mahindra Manulife Ultra 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

+7.65%

+7.13% (Cat Avg.)

3 Years

+7.43%

+6.81% (Cat Avg.)

5 Years

+6.05%

+5.62% (Cat Avg.)

Since Inception

+6.21%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2025

Debt₹168.26 Cr65.05%
Others₹90.39 Cr34.95%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Indian Railway Finance Corporation LimitedBond - Corporate Bond₹18.11 Cr8.65%
Godrej Properties LimitedBond - Corporate Bond₹10.08 Cr4.82%
ICICI Home Finance Company LimitedBond - Corporate Bond₹10.08 Cr4.82%
Shriram Finance LimitedBond - Corporate Bond₹10.05 Cr4.80%
Power Finance Corporation LimitedBond - Corporate Bond₹10.05 Cr4.80%
Power Finance Corporation LimitedBond - Corporate Bond₹10.05 Cr4.80%
Nexus Select TRustBond - Corporate Bond₹10.04 Cr4.80%
Rec LimitedBond - Corporate Bond₹9.98 Cr4.77%
JM Financial Services LimitedCash - Commercial Paper₹9.91 Cr4.74%
Punjab National BankCash - CD/Time Deposit₹9.85 Cr4.71%
Axis Bank LimitedCash - CD/Time Deposit₹9.83 Cr4.70%
Reverse RepoCash - Repurchase Agreement₹6.3 Cr3.01%
Net Receivables / (Payables)Cash₹5.32 Cr2.54%
Embassy Office Parks ReitBond - Corporate Bond₹5.1 Cr2.44%
Godrej Industries LimitedBond - Corporate Bond₹5.06 Cr2.42%
Shriram Finance LimitedBond - Corporate Bond₹5.05 Cr2.42%
Tata Capital Housing Finance LimitedBond - Corporate Bond₹5.05 Cr2.41%
08.15 Tn SDL 2025Bond - Gov't/Treasury₹5.02 Cr2.40%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond₹5.02 Cr2.40%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond₹5.02 Cr2.40%
Rec LimitedBond - Corporate Bond₹5.02 Cr2.40%
360 One Prime LimitedBond - Corporate Bond₹5.02 Cr2.40%
Muthoot Finance LimitedBond - Corporate Bond₹5 Cr2.39%
364 DTB 04122025Bond - Gov't/Treasury₹4.93 Cr2.36%
364 DTB 11122025Bond - Gov't/Treasury₹4.93 Cr2.35%
HDFC Bank LimitedCash - CD/Time Deposit₹4.91 Cr2.35%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit₹4.89 Cr2.34%
Cholamandalam Inv & Fi Cp Red 22-05-2026**Cash - Commercial Paper₹4.76 Cr2.27%
Bajaj Housing Finance LimitedBond - Corporate Bond₹2.52 Cr1.20%
Triparty RepoCash - Repurchase Agreement₹1.64 Cr0.79%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End₹0.65 Cr0.31%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond₹136.28 Cr65.13%
Cash - CD/Time Deposit₹29.49 Cr14.09%
Bond - Gov't/Treasury₹14.88 Cr7.11%
Cash - Commercial Paper₹14.67 Cr7.01%
Cash - Repurchase Agreement₹7.95 Cr3.80%
Cash₹5.32 Cr2.54%
Mutual Fund - Open End₹0.65 Cr0.31%

Risk & Performance Ratios

Standard Deviation

This fund

0.28%

Cat. avg.

0.46%

Lower the better

Sharpe Ratio

This fund

2.63

Cat. avg.

0.43

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.69

Higher the better

Fund Managers

RP

Rahul Pal

Since October 2019

AG

Amit Garg

Since June 2020

Additional Scheme Detailsas of 31st August 2025

ISIN
INF174V01887
Expense Ratio
0.28%
Exit Load
No Charges
Fund Size
₹259 Cr
Age
5 years 10 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
CRISIL Ultra Short Dura 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 Ultra Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
Franklin India Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹297.17 Cr7.3%
Franklin India Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹297.17 Cr7.8%
Invesco India Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1198.92 Cr7.7%
Motilal Oswal Ultra Short Term Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹600.31 Cr5.7%
Motilal Oswal Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹600.31 Cr6.5%
ITI Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹170.38 Cr6.5%
ITI Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹170.38 Cr7.3%
Sundaram Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2225.47 Cr7.7%
Nippon India Ultra Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹10856.49 Cr7.9%
Kotak Savings Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹15667.19 Cr7.6%
Tata Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4907.76 Cr7.9%
Tata Ultra Short Term Fund Regular Growth

Moderate Risk

1.1%0.0%₹4907.76 Cr7.0%
ICICI Prudential Ultra Short Term Fund Regular Growth

Moderate Risk

0.8%0.0%₹17076.56 Cr7.4%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Direct Growth

Moderate Risk

0.4%0.0%-195.1%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Regular Growth

Moderate Risk

1.2%0.0%-195.1%
WhiteOak Capital Ultra Short Term Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹555.21 Cr6.8%
WhiteOak Capital Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹555.21 Cr7.4%
DSP Ultra Short Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹3772.40 Cr7.1%
Mirae Asset Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹1715.24 Cr7.5%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1715.24 Cr7.8%
UTI Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4337.24 Cr7.7%
Aditya Birla Sun Life Savings Fund Direct Growth

Moderate Risk

0.3%0.0%₹21521.30 Cr8.1%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹196.23 Cr7.3%
SBI Magnum Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹16317.58 Cr7.5%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2924.03 Cr7.6%
HSBC Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹2924.03 Cr7.3%
Bandhan Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹4216.54 Cr7.3%
Bandhan Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4216.54 Cr7.5%
ICICI Prudential Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹17076.56 Cr7.8%
Canara Robeco Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹667.00 Cr7.5%
DSP Ultra Short Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3772.40 Cr7.8%
PGIM India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹202.36 Cr7.5%
Axis Ultra Short Term Fund Regular Growth

Moderate Risk

1.2%0.0%₹6763.84 Cr7.0%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹6763.84 Cr7.8%
Sundaram Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

1.5%0.0%₹2225.47 Cr6.3%
Aditya Birla Sun Life Savings Fund Regular Growth

Moderate Risk

0.5%0.0%₹21521.30 Cr7.9%
Kotak Savings Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹15667.19 Cr7.1%
Invesco India Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹1198.92 Cr7.3%
SBI Magnum Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹16317.58 Cr7.3%
Bank of India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹196.23 Cr6.8%
HDFC Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹17328.44 Cr7.3%
HDFC Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹17328.44 Cr7.7%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹258.65 Cr7.6%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹258.65 Cr7.2%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹10856.49 Cr7.1%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹4337.24 Cr7.0%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹257.79 Cr6.8%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹257.79 Cr7.6%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1614.95 Cr7.6%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1614.95 Cr7.4%

About the AMC

Mahindra Manulife Mutual Fund

Mahindra Manulife Mutual Fund

phone022-66327900
e-mailhttps://www.mahindramanulife.com/

Total AUM

₹19,132 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 Banking & Financial Services Fund Direct Growth

Very High Risk

0.6%0.0%₹286.55 Cr-
Mahindra Manulife Value Fund Direct Growth

Very High Risk

0.6%0.0%₹483.32 Cr-
Mahindra Manulife Manufacturing Fund Direct Growth

Very High Risk

0.7%0.0%₹839.29 Cr-2.3%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹630.13 Cr11.0%
Mahindra Manulife Business Cycle Fund Direct Growth

Very High Risk

0.5%1.0%₹1226.81 Cr-5.4%
Mahindra Manulife Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹708.93 Cr-1.1%
Mahindra Manulife Liquid Fund Direct Growth

Moderate Risk

0.1%0.0%₹1133.95 Cr7.0%
Mahindra Manulife Large & Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2687.96 Cr-3.5%
Mahindra Manulife ELSS Fund Direct Growth

Very High Risk

0.6%0.0%₹952.81 Cr0.3%
Mahindra Manulife Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹183.35 Cr6.2%
Mahindra Manulife Small Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹4052.92 Cr-7.8%
Mahindra Manulife Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹1528.56 Cr-0.8%
Mahindra Manulife Consumption Fund Direct Growth

Very High Risk

0.7%1.0%₹514.52 Cr-4.4%
Mahindra Manulife Focused Fund Direct Growth

Very High Risk

0.4%1.0%₹2136.65 Cr-3.8%
Mahindra Manulife Asia Pacific REITs FOF Direct Growth

Very High Risk

0.5%1.0%₹40.09 Cr13.4%
Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk

0.7%1.0%₹551.87 Cr4.1%
Mahindra Manulife Multi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹5727.03 Cr-2.2%
Mahindra Manulife Dynamic Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹115.87 Cr7.3%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹258.65 Cr7.6%
Mahindra Manulife Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹78.73 Cr8.8%
Mahindra Manulife Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹3920.88 Cr-4.1%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹96.95 Cr6.1%
Mahindra Manulife Low Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹647.22 Cr8.2%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Very High Risk

0.5%1.0%₹1811.08 Cr3.3%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹923.06 Cr2.4%

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Still got questions?
We're here to help.

The NAV of Mahindra Manulife Ultra Short Duration Fund Direct Growth, as of 12-Sep-2025, is ₹1427.53.
The fund has generated 7.65% over the last 1 year and 7.43% 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, 65.05% in bonds, and 34.63% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Ultra Short Duration Fund Direct Growth are:-
  1. Rahul Pal
  2. Amit Garg
info
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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