Mahindra Manulife Short Duration Fund Direct Growth
Debt
Direct
Short Duration
NAV: ₹ 12.03 as on 16-05-2024
About the Fund
Mahindra Manulife Short Duration Fund Direct Growth is a debt fund. This fund was started on 23 February, 2021. The fund is managed by Kush Sonigara, Rahul Pal. This fund is suitable to keep your money safe.
Key Parameters
- Mahindra Manulife Short Duration Fund Direct Growth has ₹50 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.
Fund Performance
8 people have invested ₹ 2.3L in Mahindra Manulife Short Duration Fund Direct Growth in the last three months
Overview
 | 0.29% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹50 Cr |
 | 23 February, 2021 |
 | ₹1000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 190.9% |
Mahindra Manulife Short Duration Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
76%
AA
24%
Sector Allocation
Government
49.3%
Corporate
42.6%
Cash Equivalent
8.1%
Top Holdings of Mahindra Manulife Short Duration Fund Direct Growth as on (30-Apr-24)
Debt Holdings15
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.32% Govt Stock 2030 | 35.18% | 0% | |
8.34% Govt Stock 2033 | 10.22% | 0% | |
Mindspace Business Parks Reit | 6% | 0% | |
Cholamandalam Investment And Fin. Co. Ltd | 5.98% | 0% | |
Power Finance Corporation Ltd. | 5.92% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 50.1 Cr as of Apr'24
- AUM increased by 2.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Kush Sonigara
Fund Manager of Mahindra Manulife Short Duration Fund Direct Growth, since 23 February 2021
Top funds managed
Rahul Pal
Fund Manager of Mahindra Manulife Short Duration Fund Direct Growth, since 23 February 2021
Top funds managed
Mahindra Manulife Short Duration Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.88% since inception which is more than its category average return of 5.63%
AUM size ₹50 Cr
This fund has AUM of ₹50 Cr which is less than its category average of ₹ 3590 Cr
Expense Ratio 0.29%
This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.67%
Frequently Asked Questions
The current NAV of Mahindra Manulife Short Duration Fund Direct Growth is ₹12.03 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Mahindra Manulife Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.74% | 0.74% |
6 Month Returns | 4.24% | 4.24% |
1 Year Returns | 7.44% | 7.44% |
3 Years Returns | 18.27% | 5.75% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.29% as on April 2024
₹50 Cr as on April 2024
7.32% Govt Stock 2030(35.18%), 8.34% Govt Stock 2033(10.22%), Mindspace Business Parks Reit(6%), Cholamandalam Investment And Fin. Co. Ltd(5.98%), Power Finance Corporation Ltd.(5.92%) as on April 2024
Government(49.29%), Corporate(42.62%), Cash Equivalent(8.09%) as on April 2024
Yield to Maturity is 7.83 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.65 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 76.04 |
AA | 23.96 |
Kush Sonigara, Rahul Pal are the fund managers of Mahindra Manulife Short Duration Fund Direct Growth
The Exit load of Mahindra Manulife Short Duration Fund Direct Growth is 0%