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Mahindra Manulife Ultra Short Term Fund

Mahindra Manulife Ultra Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3 Years

Invest Now

NAV Performance

Mahindra Manulife Ultra Short Term Fund performance graph for last 3 years
Performance of Mahindra Manulife Ultra Short Term Fund for last 3 Years

Fund Information

  • ₹ 1,098.692

    as on 17 Sep 2021
  • Regular - Growth

  • -

  • ₹ 1,000

  • ₹ 200 Cr.

    as on 17 Sep 2021
  • 0.77%

    since 31 May 2021
  • 17 Oct 2019

  • Debt - Ultra Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • mahindra mutual fund

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Highlights of this fund

Mahindra Manulife Ultra Short Term Fund is an Open-ended Debt Fund. The fund belongs to Ultra Short 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 17 Oct 2019. 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 ₹ 1,098.692 as on 17 Sep 2021.

This fund has 1 years of track record. Since 31 May 2021 expense ratio of this fund is 0.77%. 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

The investment objective of the Scheme is to generate regular income and capital appreciation through investment in a portfolio of short term debt & money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months.

List of Fund Managers of Mahindra Manulife Ultra Short Term Fund

  • About Rahul Pal

    Picture of Rahul PalMr. Pal is a B.Com (H) and Chartered Accountant. Prior to joining Mahindra Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
  • About Amit Garg

    Picture of Amit Garg

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low 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 0.08% 0.35% 4.53% 6.41% 8.69% 25.91% 8.14% 7.71% 8.29% 10.03% 7.83% 7.13% 7.60% 7.67%
Category Average 0.05% 0.27% 1.13% 2.12% 3.77% 5.67% 5.67% 6.13% 7.46% 3.68% 4.33% 4.97% 5.57% 6.68%
Mahindra Manulife Ultra Short Term Fund 0.06%₹ 10,005 0.28%₹ 10,027 0.94%₹ 10,093 1.89%₹ 10,189 3.58%₹ 10,358 3.54%₹ 12,229 - - - - - - - -
ICICI Prudential Ultra Short Term Fund 0.06%₹ 10,006 0.35%₹ 10,035 1.06%₹ 10,105 2.24%₹ 10,224 4.51%₹ 10,450 4.32%₹ 12,279 5.91%₹ 11,218 5.17%₹ 25,307 6.82%₹ 12,190 5.92%₹ 39,390 6.98%₹ 14,020 6.51%₹ 70,731 7.95%₹ 21,499 7.66%₹ 1,78,084
SBI Magnum Ultra Short Duration Fund 0.08%₹ 10,008 0.27%₹ 10,027 0.94%₹ 10,093 1.89%₹ 10,188 3.65%₹ 10,364 3.59%₹ 12,232 5.13%₹ 11,054 4.36%₹ 25,099 6.27%₹ 12,005 5.20%₹ 38,966 6.55%₹ 13,735 6.06%₹ 69,943 7.69%₹ 20,995 7.03%₹ 1,72,323
Aditya Birla Sun Life Savings Fund 0.06%₹ 10,005 0.34%₹ 10,033 1.12%₹ 10,112 2.37%₹ 10,237 4.49%₹ 10,449 4.38%₹ 12,282 5.97%₹ 11,230 5.29%₹ 25,337 7.00%₹ 12,253 6.06%₹ 39,470 7.10%₹ 14,093 6.67%₹ 71,023 8.29%₹ 22,188 7.67%₹ 1,78,227
Kotak Savings Fund 0.05%₹ 10,004 0.26%₹ 10,026 0.91%₹ 10,090 1.82%₹ 10,181 3.56%₹ 10,356 3.45%₹ 12,223 5.02%₹ 11,031 4.26%₹ 25,074 6.15%₹ 11,961 5.09%₹ 38,902 6.44%₹ 13,666 5.89%₹ 69,641 7.74%₹ 21,086 7.01%₹ 1,72,197
L&T Ultra Short Term Fund 0.06%₹ 10,006 0.28%₹ 10,028 0.92%₹ 10,091 1.83%₹ 10,182 3.49%₹ 10,349 3.50%₹ 12,226 4.85%₹ 10,994 4.14%₹ 25,043 6.00%₹ 11,911 4.94%₹ 38,817 6.36%₹ 13,616 5.77%₹ 69,419 7.75%₹ 21,115 6.96%₹ 1,71,725

Portfolio Holdings

Portfolio holdings pattern of Mahindra Manulife Ultra Short Term Fund as on 20 Sep 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    87.46%
  • Others Holdings:

    12.54%

Top Debt Instrument Type holdings of Mahindra Manulife Ultra Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
CP 37.23% ₹ 74.39 Cr.
NCD & Bonds 28.10% ₹ 56.10 Cr.
CD 14.72% ₹ 29.40 Cr.
T-Bills 7.41% ₹ 14.80 Cr.
Others 12.54% -

Top Debt Holdings of Mahindra Manulife Ultra Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 7.41% ₹ 14.80 Cr.
Bond - Hindalco Industries Ltd. 5.20% ₹ 10.38 Cr.
Bond - National Bank for Agriculture & Rural Development 5.14% ₹ 10.26 Cr.
Bond - National Thermal Power Corporation Ltd. 5.06% ₹ 10.11 Cr.
Bond - Housing Development Finance Corporation Ltd. 5.05% ₹ 10.09 Cr.
Others 72.14%

Other Holdings

Holding TypeHolding Percentage
Reverse Repo 11.18%
Net Receivables 1.09%
TREPS 0.27%