Mahindra Manulife Low Duration Fund Direct - Growth

Q: What are the returns of Mahindra Manulife Low Duration Fund?

The Mahindra Manulife Low Duration Fund is a 8 yrs 2 m old fund and has delivered average annual returns of 6.92% since inception. Mahindra Manulife Low Duration Fund Returns 1-Year 3-Year 5-Year Since Inception 8.43% 7.29% 6.38% 6.92%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹1731.1027+0.03% 1 day change	6.92% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹1731.1027 as on Apr 23, 2025

This fund Category average

Mahindra Manulife Low Duration Fund overview

VRO rating	3
Expense ratio	0.3% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹557 Crs
Lock-in	No Lockin
Age	8 yrs 2 m since Feb 14, 2017
Benchmark	CRISIL Low Duration Debt A-I Index
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Mahindra Manulife Low Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	1.13%	1.14%
3 months	2.45%	2.43%
6 months	4.29%	4.22%
1 year	8.43%	8.31%
3 years	7.29%	7.18%
5 years	6.38%	6.76%
7 years	6.89%	6.68%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 36.55%

AA+ 27.32%

A1+ 17.16%

SOV 7.26%

Top Debt Holdings

REC Ltd. 9.12%

HDFC Bank Ltd. 7.61%

Power Finance Corporation Ltd. 6.31%

LIC Housing Finance Ltd. 6.28%

Allocation by Instruments

Debenture 53.4%

Certificate of Deposit 14.52%

Non Convertible Debenture 12.280000000000001%

Floating Rate Bond 4.49%

Other Holdings

Others 3.56%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mahindra Manulife Low Duration Fund	N.A.	₹557 Crs	8 yrs 2 m	0.3%
Sundaram Low Duration Fund	N.A.	₹342 Crs	12 yrs 3 m	0.39%
HDFC Low Duration Fund	N.A.	₹18,185 Crs	12 yrs 3 m	0.45%
Mirae Asset Low Duration Fund	N.A.	₹1,415 Crs	12 yrs 3 m	0.19%
SBI Magnum Low Duration Fund	N.A.	₹14,392 Crs	12 yrs 3 m	0.43%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Low Duration Fund	1.13%	4.29%	8.43%	7.29%	6.38%	N.A.
Sundaram Low Duration Fund	1.14%	4.27%	8.52%	7.29%	7.77%	6.66%
HDFC Low Duration Fund	1.21%	4.27%	8.42%	7.42%	6.91%	7.45%
Mirae Asset Low Duration Fund	1.14%	4.29%	8.47%	7.22%	6.36%	6.73%
SBI Magnum Low Duration Fund	1.17%	4.17%	8.27%	7.17%	6.3%	7.1%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Low Duration Fund	0.58	1.26	1.17	1.06
Sundaram Low Duration Fund	0.51	1.07	1.42	1.69
HDFC Low Duration Fund	0.63	1.24	1.24	1.15
Mirae Asset Low Duration Fund	0.56	1.24	1.12	1.05
SBI Magnum Low Duration Fund	0.57	1.28	1.01	0.92

View all Low Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	3.28 vs. 3.26 Higher outperformance against benchmark
Sharpe	1.17 vs. 3.12 Poor risk-adjusted returns
Beta	1.26 vs. 1.01 More sensitive to market's ups & downs
Standard deviation	0.58 vs. 0.54 More volatile performance

Compare Mahindra Manulife Low Duration Fund in detail with

About this fund

About Mahindra Manulife Low Duration Fund

Mahindra Manulife Low Duration Fund Direct - Growth is a Low Duration mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 8 yrs 2 m, having been launched on 14/02/2017. Mahindra Manulife Low Duration Fund Direct - Growth has ₹557 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mahindra Manulife Low Duration Fund Direct - Growth as of 23/04/2025 is ₹1731.10. The fund has an expense ratio of 0.3%, which is close to what most other Low Duration funds charge.

Mahindra Manulife Low Duration Fund Direct - Growth returns of last 1-year are 8.45%. Since launch, it has delivered 6.93% average annual returns.
Mahindra Manulife Low Duration Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is moderate indicating it has lent to borrowers whose quality is good. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in REC Ltd., HDFC Bank Ltd., Power Finance Corporation Ltd., LIC Housing Finance Ltd., Bharti Telecom Ltd..

...

Fund AUM	₹557 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

Investment objective

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.

Mahindra Manulife Mutual Fund details

No. of schemes	24 view all schemes
Total AUM	₹27,256 Crs as on Mar 31, 2025
Address	1st Floor - Sadhana House, 570 - P.B. Marg, Worli, Mumbai, 400018
Phone	022-66327900

More funds from Mahindra Manulife Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Mahindra Manulife Dynamic Bond Fund	N.A.	₹78 Crs	11.74%	8.02%
Mahindra Manulife Short Duration Fund	N.A.	₹75 Crs	9.97%	7.63%
Mahindra Manulife Ultra Short Duration Fund	N.A.	₹217 Crs	7.9%	7.1%
Mahindra Manulife Liquid Fund	N.A.	₹1,026 Crs	7.38%	6.94%
Mahindra Manulife Overnight Fund	N.A.	₹76 Crs	6.58%	6.35%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Mahindra Manulife Low Duration Fund?

The current Net Asset Value (NAV) of the Mahindra Manulife Low Duration Fund - Direct Growth plan is approximately ₹1731.1027 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Low Duration Fund is a 8 yrs 2 m old fund and has delivered average annual returns of 6.92% since inception.

Mahindra Manulife Low Duration Fund Returns

1-Year	3-Year	5-Year	Since Inception
8.43%	7.29%	6.38%	6.92%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Low Duration Fund - Direct Growth has an expense ratio of 0.3%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mahindra Manulife Low Duration Fund currently has assets under management (AUM) or fund size valued at approximately ₹557 Crs crore as of Mar 31, 2025.

To whom does Mahindra Manulife Low Duration Fund lend to?

The top 3 debt holdings of Mahindra Manulife Low Duration Fund are as follows

Holding Name	Percentage of Portfolio
REC Ltd.	9.12%
HDFC Bank Ltd.	7.61%
Power Finance Corporation Ltd.	6.31%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mahindra Manulife Low Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	36.55%
AA+	27.32%
A1+	17.16%

What is risk level of Mahindra Manulife Low Duration Fund?

This is a Low Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mahindra Manulife Low Duration Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mahindra Manulife Low Duration Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mahindra Manulife Low Duration Fund is complete.

How can I redeem my investments in Mahindra Manulife Low Duration Fund?

Redeeming your investments in Mahindra Manulife Low Duration Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mahindra Manulife Low Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Low Duration

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: This fund has no exit load.