Mahindra Manulife Low Duration Fund Direct Growth
NAV as on 23-04-2025
₹ 1731.1
Inception Returns
6.9%
/yr
Historical NAV & Returns
About Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Low Duration Fund Direct Growth is a debt fund. This fund was started on 15 February, 2017. The fund is managed by Rahul Pal. This fund is suitable to keep your money safe.
Key Parameters
- Mahindra Manulife Low Duration Fund Direct Growth has ₹540 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Mahindra Manulife Low Duration Fund Direct Growth has given a CAGR return of 6.93% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.45%, 7.30% and 6.35% respectively.
Holdings
Mahindra Manulife Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Power Finance Corp Ltd. 7.75%, LIC Housing Finance Limited, Godrej Properties Limited, REC Ltd. 7.71%, Shriram Finance Limited
Taxation
As it is a low duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Mahindra Manulife Low Duration Fund Direct Growth
The investment objective of the Scheme is to provide reasonable returns, commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Low Duration Fund Direct Growth has no lock in period.
Mahindra Manulife Low Duration Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | CRISIL Low Duration Debt A-I TR INR |
| AUM | ₹540 Cr |
| Inception Date | 15 February, 2017 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 139.89% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (23-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 556.8 Cr as of Mar'25
- AUM decreased by 56.5 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Power Finance Corp Ltd. 7.75% | 6.53% | 100% | |
LIC Housing Finance Limited | 5.58% | 0% | |
Godrej Properties Limited | 5.04% | 0% | |
REC Ltd. 7.71% | 4.69% | 0% | |
Shriram Finance Limited | 4.67% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Mahindra Manulife Low Duration Fund Direct Growth | 8.45% | 7.3% | 6.35% | 6.93% |
 Kotak Low Duration Fund- Direct Plan- Growth Option | 8.58% | 7.4% | 6.79% | 8% |
 HDFC Low Duration Direct Plan Growth Option | 8.45% | 7.44% | 6.84% | 7.76% |
 Aditya Birla Sun Life Low Duration Direct Plan Growth | 8.38% | 7.41% | 6.77% | 8.03% |
Mutual Fund Insights
Mahindra Manulife Low Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹540 Cr
Expense Ratio 0.3%
More funds from Mahindra
5Y CAGR
▲ 6.20
3Y CAGR
▲ 7.67
5Y CAGR
▲ 5.58
5Y CAGR
▲ 5.09
Frequently Asked Questions for Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.24% | 1.24% |
6 Month Returns | 4.32% | 4.32% |
1 Year Returns | 8.45% | 8.45% |
3 Years Returns | 23.55% | 7.3% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 63.98 |
AA | 36.02 |