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Our Opinion
Riskometer
Moderate
₹1,470.7986 0.04%
As on 18-Mar-2026
As per SEBI's Riskometer.
Split between different types of investments
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|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Mahindra Manulife Ultra Short Duration Fund - Direct Plan
|
|
|
Moderate
|
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0.28 |
|
 |
|
Low to Moderate
|
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0.38 |
||
|
|
Moderate
|
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0.33 |
||
 |
|
Moderate
|
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0.29 |
||
|
|
Low to Moderate
|
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0.14 |
₹217 Cr
--
1,000
1,000
500
6
About Mahindra Manulife Ultra Short Duration Fund - Direct Plan
Mahindra Manulife Ultra Short Duration Fund - Direct Plan is a debt mutual fund scheme of Mahindra Manulife Mutual Fund. Launched on October 17, 2019, it is currently managed by Rahul Pal and Amit Garg. The fund has an expense ratio of 0.28% with an overall AUM (Assets Under Management) of ₹217 Cr.
Mahindra Manulife Ultra Short Duration Fund - Direct Plan is mandated to invest in bonds such that the duration of the portfolio is between three to six months. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹500.
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.
Suitability
Ultra Short Duration funds are suitable for:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Mahindra Manulife Ultra Short Duration Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Mahindra Manulife Ultra Short Duration Fund - Direct Plan can be bought from the Mahindra Manulife Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Mahindra Manulife Ultra Short Duration Fund - Direct Plan, is ₹1,470.7986 as of 19-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
REC Ltd SR 225 NCD 7.64 30/06/2026 |
8.30
|
|
Small Industries Devp. Bank of India Ltd SR I Debenture 7.43 |
8.29
|
|
Canara Bank CD 11/11/2026 |
7.91
|
|
HDFC Bank Ltd CD 19/11/2026 |
5.48
|
|
Godrej Industries Ltd SR 1 NCD 8.30 12/06/2026 |
4.62
|
Over the past five years, Mahindra Manulife Ultra Short Duration Fund - Direct Plan has delivered an annualised return of 6.27% as of 19-Mar-2026.
The minimum investment required to start investing in Mahindra Manulife Ultra Short Duration Fund - Direct Plan is ₹1,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.
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