Mahindra Manulife Short Duration Fund Direct Growth
DebtShort DurationModerate Risk
Direct
NAV (20-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹72 Cr
Expense Ratio
0.29%
ISIN
INF174V01AM5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Feb 2021
About this fund
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹12.65, Assets Under Management (AUM) of 71.96 Crores, and an expense ratio of 0.29%.
- Mahindra Manulife Short Duration Fund Direct Growth has given a CAGR return of 6.35% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 75.04% in debts, and 24.78% 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
+8.57%
+7.61% (Cat Avg.)
3 Years
+6.55%
+6.11% (Cat Avg.)
Since Inception
+6.35%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2024
| Debt | ₹54 Cr | 75.04% |
| Others | ₹17.96 Cr | 24.96% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹14.92 Cr | 20.73% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹4.78 Cr | 6.65% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹4.66 Cr | 6.47% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹4 Cr | 5.56% |
| Reverse Repo | Cash - Repurchase Agreement | ₹3.86 Cr | 5.37% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹3.51 Cr | 4.87% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹3.02 Cr | 4.20% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹3.02 Cr | 4.20% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹3.01 Cr | 4.19% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹3.01 Cr | 4.18% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹2.93 Cr | 4.07% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹2.83 Cr | 3.93% |
| 7.04% Govt Stock 2029 | Bond - Gov't/Treasury | ₹2.54 Cr | 3.52% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹2.51 Cr | 3.49% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹2.5 Cr | 3.48% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹2.5 Cr | 3.47% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹2.02 Cr | 2.80% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹1.51 Cr | 2.10% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹1.51 Cr | 2.09% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹1.5 Cr | 2.08% |
| Net Receivables / (Payables) | Cash - Collateral | ₹1.49 Cr | 2.07% |
| Triparty Repo | Cash - Repurchase Agreement | ₹0.21 Cr | 0.29% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹0.13 Cr | 0.18% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹36.55 Cr | 50.79% |
| Bond - Gov't/Treasury | ₹17.45 Cr | 24.25% |
| Cash - CD/Time Deposit | ₹12.27 Cr | 17.04% |
| Cash - Repurchase Agreement | ₹4.07 Cr | 5.66% |
| Cash - Collateral | ₹1.49 Cr | 2.07% |
| Mutual Fund - Open End | ₹0.13 Cr | 0.18% |
Risk & Performance Ratios
Standard Deviation
This fund
1.14%
Cat. avg.
1.68%
Lower the better
Sharpe Ratio
This fund
0.26
Cat. avg.
-0.37
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.11
Higher the better
Fund Managers
Rahul Pal
Since February 2021
Pranav Patel
Since January 2024
Additional Scheme Detailsas of 15th December 2024
ISIN INF174V01AM5 | Expense Ratio 0.29% | Exit Load No Charges | Fund Size ₹72 Cr | Age 3 years 9 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  |
|---|---|---|---|---|
| Axis Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹9161.75 Cr | 8.0% |
| Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹365.39 Cr | 7.5% |
| Tata Short Term Bond Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹2859.96 Cr | 7.3% |
| Bandhan Bond Fund - Short Term Plan Regular Growth Moderate Risk | 0.8% | 0.0% | ₹9834.34 Cr | 7.8% |
| Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹365.39 Cr | 8.4% |
| ICICI Prudential Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹20032.95 Cr | 7.8% |
| Mahindra Manulife Short Duration Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹71.96 Cr | 7.5% |
| Mahindra Manulife Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹71.96 Cr | 8.6% |
| Nippon India Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹7627.11 Cr | 8.0% |
| HDFC Short Term Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹14975.79 Cr | 8.3% |
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹18,846 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 Moderate Risk
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- Rahul Pal
- Pranav Patel
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