VR Logo

3 star

Mahindra Manulife Ultra Short Term Fund - Regular Plan download report


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.

The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Mahindra Manulife Ultra Short Term Fund Reg-G 1.47 0.02 0.11 0.37 0.69 1.55 3.23 -- -- -- --
CCIL T Bill Liquidity Weight 0.85 0.04 0.07 0.25 0.38 0.89 1.99 -- -- -- --
Debt: Ultra Short Duration 1.48 0.02 0.11 0.36 0.68 1.55 3.39 -- -- -- --
Rank within category 16 13 21 9 14 15 16 -- -- -- --
Number of funds in category 27 27 27 27 27 27 27 22 14 14 13

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mahindra Manulife Ultra Short Term Fund - Regular Plan
3 star
Oct-19 3.23 -- -- 0.76% 267
Aditya Birla Sun Life Savings Fund  | Invest Online
4 star
Nov-01 3.79 5.61 6.40 0.50% 15,213
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.40 5.09 -- 0.64% 13,805
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.31 4.91 5.99 0.49% 13,494
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
May-11 3.63 5.49 6.23 0.87% 13,152

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.01 24-Mar-2020 - 31-Mar-2020 -0.42 17-Mar-2020 - 24-Mar-2020
Month 1.50 24-Mar-2020 - 23-Apr-2020 -0.18 25-Feb-2020 - 26-Mar-2020
Quarter 2.89 24-Mar-2020 - 24-Jun-2020 0.56 17-Feb-2022 - 19-May-2022
Year 6.52 18-Oct-2019 - 19-Oct-2020 3.08 12-May-2021 - 13-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Mahindra Manulife Ultra Short Term Fund Reg-G -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 2.69 0.37 -2.20 -4.41 -- --
Debt: Ultra Short Duration* 4.58 1.05 1.28 3.15 1.09 1.96
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-May-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 33 37 19 39
Modified Duration (yrs) 0.34 0.40 0.24 --
Average Maturity (yrs) 0.35 0.40 0.25 --
Yield to Maturity (%) 5.56 5.56 3.71 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 182-D 22/09/2022 Treasury Bills SOV 0.00 - 9.20 9.20
down Reserve Bank of India 182-D 08/09/2022 Treasury Bills SOV 0.00 - 8.70 7.38
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.00 - 5.16 3.77
equal Reliance Industries 346-D 27/06/2022 Commercial Paper A1+ 0.00 - 4.54 3.73
equal 4.85% Bajaj Housing Finance 2022 Debenture AAA 0.00 - 3.72 3.72
new Tata Realty and Infrastructure 58-D 22/07/2022 Commercial Paper A1+ 0.00 - 3.71 3.71
equal Motilal Oswal Financial Ser. 179-D 19/08/2022 Commercial Paper A1+ 0.00 - 4.49 3.69
equal Reliance Retail Ventures 173-D 12/09/2022 Commercial Paper A1+ 0.00 - 3.68 3.68
equal JM Financial Services 183-D 14/09/2022 Commercial Paper A1+ 0.00 - 3.67 3.67
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 3.65 3.65
equal GOI 15/12/2022 GOI Securities SOV 0.00 - 3.63 3.63
equal Reserve Bank of India 364-D 12/01/2023 Treasury Bills SOV 0.00 - 4.43 3.62
equal Export-Import Bank 24/03/2023 Certificate of Deposit A1+ 0.00 - 3.56 3.56
equal 9.05% LIC Housing Fin. 25/10/2022 Debenture AAA 0.00 - 2.36 1.89
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 1.56 - 2.85 1.88
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 2.58 1.88
equal 7.09% REC 17/10/2022 Debenture AAA 0.00 - 1.88 1.88
equal 8.40% Tata Realty and Infrastructure 2022 Debenture AA 0.00 - 1.87 1.87
equal Godrej Properties 182-D 08/06/2022 Commercial Paper A1+ 0.00 - 1.87 1.87
equal 9.15% Coastal Gujarat Power 14/06/2022 Debenture AA 0.00 - 2.56 1.87
equal Axis Bank 16/06/2022 Certificate of Deposit A1+ 0.00 - 2.47 1.87
down 8.15% GOI 2022 Central Government Loan SOV 0.00 - 4.65 1.87
equal 5.48% Cholamandalam Investment & Finance Company 30/12/2022 Debenture AA+ 0.00 - 1.86 1.86
equal Network 18 Media & Inv 91-D 25/07/2022 Commercial Paper A1+ 0.00 - 1.86 1.86
equal Reserve Bank of India 182-D 14/07/2022 Treasury Bills SOV 0.00 - 2.27 1.86

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Rahul Pal since 10-Oct-2019

Education: Mr. Pal is a B.Com (H) and Chartered Accountant.

Experience: Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.

Funds Managed:

— Amit Garg since 08-Jun-2020

Education: Mr Garg is a B.Com, MMS Finance, CFA

Experience: Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.

Funds Managed:


0.02%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 1,124.4576

IDCW Weekly: ₹ 1,001.2084

IDCW Daily: ₹ 1,019.7871


Investment Strategy

The Scheme seeks 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.

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Mahindra Manulife Mutual Fund
Launch Date: 17-Oct-2019
Return Since Launch: 4.46%
Benchmark: CRISIL Ultra Short Duration Fund BI Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 267 Cr (As on 31-May-2022)
Expense: 0.76% (As on 31-May-2022)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly17-Jun-20220.5771

 10-Jun-20220.8973
 03-Jun-20220.6965
 29-Apr-20220.6031
 22-Apr-20221.3004
 13-Apr-20220.1945
 08-Apr-20220.4705
 31-Mar-20220.9336
 25-Mar-20220.9035
 17-Mar-20220.8678
 11-Mar-20220.5864
 04-Mar-20220.4355
 25-Feb-20220.5910
 18-Feb-20220.8154
 11-Feb-20221.0166
 04-Feb-20220.3725
 21-Jan-20220.3794
 14-Jan-20220.7687
 07-Jan-20220.7478
 31-Dec-20210.8556
 24-Dec-20210.5581
 17-Dec-20210.5438
 10-Dec-20210.7069
 03-Dec-20210.6430
 26-Nov-20210.6752
IDCW Daily23-May-20220.4656

 17-May-20220.5614
 02-May-20220.3411
 25-Apr-20220.3124
 21-Apr-20220.2020
 20-Apr-20220.2072
 19-Apr-20220.2635
 18-Apr-20220.5942
 04-Apr-20220.4786
 31-Mar-20221.0774
 28-Mar-20220.4113
 21-Mar-20220.3862
 15-Mar-20220.2173
 14-Mar-20220.3923
 20-Dec-20210.2598
 13-Dec-20210.2906
 08-Dec-20210.2398
 22-Nov-20210.3126
 15-Nov-20210.2997
 09-Nov-20210.1957
 08-Nov-20210.6030
 01-Nov-20210.2039
 18-Oct-20210.2490
 14-Oct-20210.1248
 13-Oct-20210.1239

Contact Information

AMC: Mahindra Manulife Investment Management Private Limited

Address: 1st Floor - Sadhana House, 570 - P.B. Marg, Worli, Mumbai - 400018

Phone: 022-66327900

Website: http://www.mahindramanulife.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

How to manage investments in a gloomy market

DateFri, 01-Jul-2022
Time12:30 PM - 12:45 PM

attending You have reserved a spot