Dezerv

Fund Overview

Fund Size

Fund Size

₹220 Cr

Expense Ratio

Expense Ratio

0.70%

ISIN

ISIN

INF174V01853

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 Regular Growth is a Ultra Short Duration mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 4 years and 7 months, having been launched on 18-Oct-19.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹1270.47, Assets Under Management (AUM) of 220.10 Crores, and an expense ratio of 0.7%.
  • Mahindra Manulife Ultra Short Duration Fund Regular Growth has given a CAGR return of 5.36% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 58.66% in debts, and 41.11% in cash & cash equivalents.
  • You can start investing in Mahindra Manulife Ultra Short Duration Fund Regular 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

+7.06%

+6.12% (Cat Avg.)

3 Years

+5.38%

+5.13% (Cat Avg.)

Since Inception

+5.36%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Debt129.11 Cr58.66%
Others90.99 Cr41.34%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Mindspace Business Parks ReitBond - Corporate Bond15 Cr6.81%
Reliance Industries LimitedBond - Corporate Bond10.02 Cr4.55%
Power Grid Corporation Of India LimitedBond - Corporate Bond10 Cr4.55%
Rec LimitedBond - Corporate Bond9.98 Cr4.53%
Embassy Office Parks ReitBond - Corporate Bond9.93 Cr4.51%
Piramal Capital & Housing Finance LimitedCash - Commercial Paper9.9 Cr4.50%
Godrej Industries LimitedBond - Corporate Bond9.89 Cr4.49%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond9.87 Cr4.48%
HDFC Bank LimitedCash - CD/Time Deposit9.73 Cr4.42%
Reverse RepoCash - Repurchase Agreement9.61 Cr4.37%
Indian BankBond - Gov't Agency Debt9.38 Cr4.26%
Shriram Finance LimitedBond - Corporate Bond5.03 Cr2.28%
Power Finance Corporation LimitedBond - Corporate Bond5.03 Cr2.28%
Shriram Finance LimitedBond - Corporate Bond5.02 Cr2.28%
Power Finance Corporation LimitedBond - Corporate Bond5.02 Cr2.28%
Power Finance Corporation LimitedBond - Corporate Bond5 Cr2.27%
Bharti Telecom LimitedBond - Corporate Bond5 Cr2.27%
Tata Realty And Infrastructure LimitedBond - Corporate Bond5 Cr2.27%
Bharti Telecom LimitedBond - Corporate Bond5 Cr2.27%
Embassy Office Parks ReitBond - Corporate Bond4.99 Cr2.27%
Muthoot Finance LimitedBond - Corporate Bond4.98 Cr2.26%
Small Industries Development Bank Of IndiaBond - Corporate Bond4.98 Cr2.26%
Rec LimitedBond - Corporate Bond4.96 Cr2.26%
L&T Finance LimitedCash - Commercial Paper4.96 Cr2.25%
Motilal Oswal Financial Services LtdCash - Commercial Paper4.95 Cr2.25%
182 DTB 22082024Bond - Gov't/Treasury4.89 Cr2.22%
182 DTB 29082024Bond - Gov't/Treasury4.89 Cr2.22%
India (Republic of)Bond - Short-term Government Bills4.85 Cr2.20%
Net Receivables / (Payables)Cash4.81 Cr2.18%
ICICI Bank Ltd.Bond - Corporate Bond4.73 Cr2.15%
360 One Prime Ltd. 9.22%Bond - Corporate Bond4.2 Cr1.91%
LIC Housing Finance LtdBond - Corporate Bond3.99 Cr1.81%
7.72% Govt Stock 2028Bond - Gov't/Treasury2.5 Cr1.14%
Triparty RepoCash - Repurchase Agreement1.5 Cr0.68%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End0.51 Cr0.23%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond147.61 Cr67.07%
Cash - Commercial Paper19.8 Cr9.00%
Bond - Gov't/Treasury12.28 Cr5.58%
Cash - Repurchase Agreement11.11 Cr5.05%
Cash - CD/Time Deposit9.73 Cr4.42%
Bond - Gov't Agency Debt9.38 Cr4.26%
Bond - Short-term Government Bills4.85 Cr2.20%
Cash4.81 Cr2.18%
Mutual Fund - Open End0.51 Cr0.23%

Risk & Performance Ratios

Standard Deviation

This fund

0.55%

Cat. avg.

0.73%

Lower the better

Sharpe Ratio

This fund

-0.80

Cat. avg.

-0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.13

Higher the better

Fund Managers

RP

Rahul Pal

Since October 2019

AG

Amit Garg

Since June 2020

Additional Scheme Detailsas of 30th April 2024

ISININF174V01853Expense Ratio0.70%Exit LoadNo ChargesFund Size₹220 CrAge18 Oct 2019Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL 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

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 Ultra Short Duration Funds

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

Low to Moderate Risk

0.9%0.0%₹240.88 Cr6.6%
Canara Robeco Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹525.85 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1259.19 Cr7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1259.19 Cr7.5%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹284.82 Cr6.9%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹284.82 Cr6.3%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹2349.32 Cr6.9%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹5653.60 Cr6.9%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹220.10 Cr7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹220.10 Cr7.5%

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
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Mahindra Manulife Ultra Short Duration Fund Regular Growth, as of 17-May-2024, is ₹1270.47.
The fund has generated 7.06% over the last 1 year and 5.38% 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, 58.66% in bonds, and 41.11% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Ultra Short Duration Fund Regular Growth are:-
  1. Rahul Pal
  2. Amit Garg