Overview
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Mutual Fund
The Scheme seeks 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.
Investments in Mahindra Manulife Low Duration Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 1730.0366
Fund Size (AUM)
₹556.77 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 1000
SIP: ₹500
Launch Date
15-Feb-2017
Expense Ratio
0.3%
Exit Load
Nil
Benchmark
CRISIL Low Duration Debt A-I Index
Standard Deviation
0.58
History
Performance & Ratios
1-Year SIP Return
8.82%
3-Year SIP Return
8.01%
5-Year SIP Return
6.98%
Mean Return
7.62%
Alpha
3.28
Beta
1.26
Sharpe Ratio
1.17
Sortino Ratio
1.06
Information Ratio
8.68
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 8.44% | 7.28% | 6.36% | 7.52% |
| Category Average | 7.78% | 6.66% | 6.2% | N/A |
| Rank Within Category | 5 | 6 | 13 | N/A |
Holdings (35)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Power Finance Corporation Ltd. | Financial | Debenture | 6.31% |
| LIC Housing Finance Ltd. | Financial | Debenture | 5.4% |
| Godrej Properties Ltd. | Construction | NCD | 4.87% |
| Shriram Finance Ltd | Financial | Debenture | 4.52% |
| Tata Realty and Infrastructure Ltd. | Construction | Debenture | 4.51% |
| REC Ltd. | Financial | Debenture | 4.5% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.5% |
| National Bank For Agriculture & Rural Development | Financial | FRB | 4.49% |
| REC Ltd. | Financial | Debenture | 4.44% |
| 360 ONE Wealth Ltd. | Financial | Debenture | 4.32% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Low Duration Fund Direct Growth | 11918.97 | 8.33 | 7.37 | 0.42 | N/A |
| Sundaram Low Duration Fund Direct Growth | 342.03 | 8.49 | 7.28 | 0.39 | N/A |
| Axis Treasury Advantage Fund Direct Growth | 5830.11 | 8.38 | 7.25 | 0.34 | N/A |
| SBI Magnum Low Duration Fund Direct Plan Growth | 14392.26 | 8.27 | 7.16 | 0.43 | N/A |
| LIC MF Low Duration Fund Direct Growth | 1449.53 | 8.3 | 7.06 | 0.25 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 2
AMC Details
Asset Management Company
Mahindra Mutual Fund
Mahindra Mutual Fund started their mutual fund on 04/02/2016 and its managing total assets of ₹2,241 Cr. Its ranked at 31 as per total assets at end of 30th Sep 2017. Mahindra Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Mahindra is one of the leading brands in the country and has garnered trust of customers across the nation. Mahindra Asset Management Company Private Limited is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL).
Mahindra provides various schemes across different market capitalization in various categories. It focuses mainly in the rural and semi-urban areas. The fact that Mahindra concentrates more on financially empowering masses in the rural area, makes it stand out in the mutual fund industry and it aspires to become the best financial service provider to people who live in semi-urban and rural areas.
The motto of the company is therefore unique because it not only wants to revolutionize the financial industry, it also aims at building a change within the community, by helping investors who do not hail from an urban set-up.
Launch Date
2016-02-04T00:00:00.188Z
Total AUM
₹ 4742.0 Cr
Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Mutual Fund
You May Be Interested In
Nippon India Gilt Securities Fund Direct Defined Maturity Date Growth
Gilt
DSP Bond Direct Growth
Medium Duration
Bandhan Money Manager Fund Direct Growth
Money Market
Baroda BNP Paribas Dynamic Bond Plan Direct Growth
Dynamic Bond
LIC MF Overnight Fund Direct Growth
Overnight
Sundaram Banking & PSU Fund Direct Growth
Banking and PSU
Baroda BNP Paribas Short Duration Fund Direct Fund Growth
Short Duration
Aditya Birla Sun Life Income Fund Direct Growth
Medium to Long Duration
Bandhan Floating Rate Fund Direct Growth
Floater
DSP Short Term Fund Direct Plan Growth
Short Duration
Explore More Mutual Funds
Small Cap Equity Funds
Find top small cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Multi Cap Equity Funds
Find top multi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Flexi Cap Equity Funds
Find top flexi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Liquid Debt Funds
Find top liquid debt funds. Filter by AMC, NAV, and fund size to choose the best funds.
Corporate Bond Debt Funds
Find top corporate bond debt funds. Filter by AMC, NAV, and fund size to choose the best funds.
Aggressive Hybrid Funds
Find top aggressive hybrid funds. Filter by AMC, NAV, and fund size to choose the best funds.
Conservative Hybrid Funds
Find top conservative hybrid funds. Filter by AMC, NAV, and fund size to choose the best funds.
Top Multi Cap Mutual Funds
Find the best multi cap funds with high ratings. Screen top funds by performance, NAV, and fund size.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Mahindra Manulife Low Duration Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Mahindra Manulife Low Duration Fund Direct Growth?
The top stocks held by Mahindra Manulife Low Duration Fund Direct Growth include Power Finance Corporation Ltd., LIC Housing Finance Ltd., Godrej Properties Ltd..
Which industries does Mahindra Manulife Low Duration Fund Direct Growth invest in?
Mahindra Manulife Low Duration Fund Direct Growth primarily invests in the following industries: Financial, Construction, Communication.
Who is the fund manager of Mahindra Manulife Low Duration Fund Direct Growth?
The fund manager of Mahindra Manulife Low Duration Fund Direct Growth is Rahul Pal.
How many years has the fund manager been managing Mahindra Manulife Low Duration Fund Direct Growth?
Rahul Pal: Calculating...
What is the minimum investment for Mahindra Manulife Low Duration Fund Direct Growth?
The minimum investment for Mahindra Manulife Low Duration Fund Direct Growth is ₹1000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for Mahindra Manulife Low Duration Fund Direct Growth?
Calculating...
What are the average 3-year returns for Mahindra Manulife Low Duration Fund Direct Growth?
Calculating...
What is the expense ratio of Mahindra Manulife Low Duration Fund Direct Growth, and how does it compare to its category?
The expense ratio of Mahindra Manulife Low Duration Fund Direct Growth is 0.3%. The average expense ratio for similar funds in the Debt is Calculating....