Fund Performance
Lumpsum
SIP
4.34
as on 26 May 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,358 today.
NAV Performance
Fund Information
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₹ 1,415.338
as on 26 May 2023 -
Regular - Growth
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-
-
₹ 1,000
-
₹ 363 Cr.
as on 30 Apr 2023 -
1.17%
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15 Feb 2017
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CRISIL 10 Year Gilt Index
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Mahindra Mutual Fund
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Highlights of this fund
Mahindra Manulife Low Duration Fund is an Open-ended Debt Fund. The fund belongs to Low Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 15 Feb 2017. This fund is offered by one of the top AMC (Assets Management Company) Mahindra Mutual Fund. You can also view here all other Debt funds offered by Mahindra Mutual Fund.
Latest NAV of the fund is ₹ 1,415.338 as on 26 May 2023.
This fund has 6 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.17%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 1,000.
Fund Objective
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.
List of Fund Managers of Mahindra Manulife Low Duration Fund
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About Rahul Pal
Mr. Pal is a B.Com (H) and Chartered Accountant. Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.18% | 0.65% | 2.13% | 10.19% | 11.79% | 14.47% | 6.71% | 6.72% | 7.61% | 7.68% | 6.63% | 6.75% | 6.04% | 6.93% |
| Category Average | 0.14% | 0.55% | 1.83% | 3.61% | 5.71% | 4.82% | 4.07% | 5.10% | 6.52% | 6.83% | 5.39% | 4.98% | 5.25% | 6.04% |
| Mahindra Manulife Low Duration Fund | 0.15%₹ 10,014 | 0.56%₹ 10,055 | 1.92%₹ 10,191 | 3.35%₹ 10,334 | 5.80%₹ 10,579 | 6.47%₹ 12,413 | 4.17%₹ 10,852 | 4.99%₹ 25,254 | 4.34%₹ 11,358 | 4.51%₹ 38,555 | 5.64%₹ 13,161 | 4.97%₹ 68,025 | - | - |
| ICICI Prudential Savings Fund | 0.17%₹ 10,017 | 0.65%₹ 10,064 | 2.12%₹ 10,212 | 3.67%₹ 10,367 | 6.88%₹ 10,687 | 7.68%₹ 12,490 | 5.07%₹ 11,041 | 5.89%₹ 25,481 | 5.53%₹ 11,753 | 5.44%₹ 39,095 | 6.72%₹ 13,849 | 6.04%₹ 69,891 | 7.61%₹ 20,844 | 6.93%₹ 1,71,400 |
| HDFC Low Duration Fund | 0.16%₹ 10,015 | 0.62%₹ 10,061 | 2.04%₹ 10,204 | 3.56%₹ 10,355 | 6.19%₹ 10,619 | 6.97%₹ 12,445 | 4.67%₹ 10,956 | 5.42%₹ 25,362 | 5.24%₹ 11,654 | 5.06%₹ 38,872 | 6.27%₹ 13,559 | 5.64%₹ 69,189 | 6.91%₹ 19,521 | 6.39%₹ 1,66,599 |
| Axis Treasury Advantage Fund | 0.15%₹ 10,015 | 0.60%₹ 10,060 | 2.09%₹ 10,209 | 3.66%₹ 10,365 | 6.37%₹ 10,636 | 7.10%₹ 12,453 | 4.81%₹ 10,987 | 5.63%₹ 25,414 | 5.04%₹ 11,590 | 5.15%₹ 38,924 | 6.42%₹ 13,655 | 5.69%₹ 69,276 | 7.22%₹ 20,091 | 6.57%₹ 1,68,146 |
| Aditya Birla Sun Life Low Duration Fund | 0.18%₹ 10,018 | 0.61%₹ 10,060 | 2.00%₹ 10,199 | 3.46%₹ 10,345 | 6.09%₹ 10,609 | 6.77%₹ 12,432 | 4.63%₹ 10,948 | 5.38%₹ 25,352 | 5.01%₹ 11,578 | 4.96%₹ 38,817 | 6.27%₹ 13,560 | 5.56%₹ 69,042 | 7.08%₹ 19,833 | 6.44%₹ 1,67,013 |
| IDFC Low Duration Fund | 0.16%₹ 10,016 | 0.60%₹ 10,060 | 2.13%₹ 10,212 | 3.64%₹ 10,364 | 6.25%₹ 10,625 | 7.02%₹ 12,448 | 4.55%₹ 10,931 | 5.42%₹ 25,363 | 4.71%₹ 11,480 | 4.90%₹ 38,780 | 6.13%₹ 13,470 | 5.40%₹ 68,765 | 7.23%₹ 20,123 | 6.45%₹ 1,67,098 |
Portfolio Holdings
Top Debt Instrument Type holdings of Mahindra Manulife Low Duration Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 39.57% | ₹ 143.74 Cr. |
| CD | 25.12% | ₹ 91.25 Cr. |
| CP | 20.20% | ₹ 73.39 Cr. |
| GOI | 5.96% | ₹ 21.63 Cr. |
| T-Bills | 4.00% | ₹ 14.53 Cr. |
| Others | 5.15% | - |
Top Debt Holdings of Mahindra Manulife Low Duration Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Axis Bank Ltd. | 6.53% | ₹ 23.74 Cr. |
| Bond - Govt of India | 5.96% | ₹ 21.63 Cr. |
| Bond - Tata Realty & Infrastructure Ltd. | 5.48% | ₹ 19.90 Cr. |
| Bond - Indian Oil Corporation Ltd. | 5.43% | ₹ 19.73 Cr. |
| Bond - 360 ONE WAM Ltd. | 5.34% | ₹ 19.39 Cr. |
| Others | 71.26% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 3.86% |
| Net Receivables | 1.29% |