Mahindra Manulife Low Duration Fund

Q: What are the returns of this mutual fund scheme?

The Mahindra Manulife Low Duration Fund is a 8 yrs 11 m old fund and has delivered average annual returns of 5.99% since inception. Mahindra Manulife Low Duration Fund Returns 1-Year 3-Year 5-Year Since Inception 6.51% 6.79% 5.55% 5.99%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹1686.8544+0.05% 1 day change	5.99% p.a.	App exclusive #NA View Ranked Funds	₹599 Cr

Historical NAV & returns

NAV: ₹1686.8544 as on Feb 02, 2026

This fund Category average

Mahindra Manulife Low Duration Fund overview

AUM (Fund size)	₹599 Cr
Exit load	0%
Lock-in Period	Nil
Age	8 yrs 11 m since Feb 14, 2017
Benchmark	CRISIL Low Duration Debt A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.1% as on Feb 02, 2026
Plan type	Regular
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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.18%	0.2%
3 Months	1.01%	0.95%
6 Months	2.36%	2.33%
1 Year	6.51%	6.58%
2 Years	6.81%	6.92%
3 Years	6.79%	6.94%
4 Years	6.11%	6.32%
5 Years	5.55%	5.76%
7 Years	5.9%	5.93%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 42.73%

AA+ 18.12%

AA 14.48%

A1+ 12.47%

Top Debt Holdings

Power Finance Corporation Ltd. 7.54%

Small Industries Devp. Bank of India Ltd. 6.21%

Embassy Office Parks REIT 4.23%

National Bank For Agriculture & Rural Development 4.22%

Allocation by Instruments

Debenture 37.05%

Non Convertible Debenture 29.070000000000004%

Certificate of Deposit 12.470000000000002%

Bonds/NCDs 5.02%

Other Holdings

Others 1.87%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Low Duration Fund	0.18%	2.36%	6.51%	6.79%	5.55%	N.A.
UTI Low Duration Fund	0.21%	2.67%	7.14%	7.33%	7.19%	6.1%
DSP Low Duration Fund	0.17%	2.37%	6.66%	7.01%	5.84%	6.64%
Sundaram Low Duration Fund	0.15%	2.26%	6.35%	6.69%	7.11%	5.84%
LIC MF Low Duration Fund	0.15%	2.31%	6.42%	6.71%	5.51%	6.01%
Bandhan Low Duration Fund	0.18%	2.41%	6.73%	7.01%	5.83%	6.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Low Duration Fund	0.42	0.61	1.06	1.46
UTI Low Duration Fund	0.46	0.67	2.07	3.12
DSP Low Duration Fund	0.47	0.7	1.4	1.85
Sundaram Low Duration Fund	0.47	0.69	0.77	1.06
LIC MF Low Duration Fund	0.47	0.69	0.82	1.2
Bandhan Low Duration Fund	0.47	0.69	1.43	1.92

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mahindra Manulife Low Duration Fund	N.A.	599 Cr	8 yrs 11 m	1.1%
UTI Low Duration Fund	N.A.	2,667 Cr	22 yrs 10 m	0.41%
DSP Low Duration Fund	N.A.	5,609 Cr	10 yrs 11 m	0.62%
Sundaram Low Duration Fund	N.A.	472 Cr	21 yrs 5 m	1.21%
LIC MF Low Duration Fund	N.A.	1,938 Cr	22 yrs 8 m	1.23%
Bandhan Low Duration Fund	N.A.	6,613 Cr	20 yrs	0.66%

View all Low Duration funds

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

Alpha	1.59 vs. 3.09 Underperformed at beating benchmark
Sharpe	1.06 vs. 2.56 Poor risk-adjusted returns
Beta	0.61 vs. 1.29 Less sensitive to market ups & downs
Standard deviation	0.42 vs. 0.39 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 is a Low Duration mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 8 yrs 11 m, having been launched on 14/02/2017. Mahindra Manulife Low Duration Fund has ₹599 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mahindra Manulife Low Duration Fund as of 02/02/2026 is ₹1686.85. The fund has an expense ratio of 1.1%, which is higher than what most other Low Duration funds charge.

Mahindra Manulife Low Duration Fund returns of last 1-year are 6.53%. Since launch, it has delivered 6.00% average annual returns.
Mahindra Manulife Low Duration Fund scheme's ability to deliver returns consistently is higher than 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 Power Finance Corporation Ltd., Small Industries Devp. Bank of India Ltd., Embassy Office Parks REIT, National Bank For Agriculture & Rural Development, Bajaj Housing Finance Ltd..

...

Fund AUM	599 Cr as on Dec 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.

Amit Garg

Mr Garg is a B.Com, MMS Finance, CFA Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.

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	25 view all schemes
Total AUM	32,930 Cr as on Dec 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	1Y	3Y
Mahindra Manulife Liquid Fund	N.A.	1,216 Cr	6.32%	6.93%
Mahindra Manulife Ultra Short Duration Fund	N.A.	219 Cr	6.46%	6.9%
Mahindra Manulife Short Duration Fund	N.A.	98 Cr	6.34%	6.87%
Mahindra Manulife Dynamic Bond Fund	N.A.	86 Cr	4.95%	6.38%
Mahindra Manulife Overnight Fund	N.A.	85 Cr	5.58%	6.27%

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 plan is approximately ₹1686.8544 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Low Duration Fund is a 8 yrs 11 m old fund and has delivered average annual returns of 5.99% since inception.

Mahindra Manulife Low Duration Fund Returns

1-Year	3-Year	5-Year	Since Inception
6.51%	6.79%	5.55%	5.99%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Low Duration Fund has an expense ratio of 1.1%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 599 Cr as on Dec 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
Power Finance Corporation Ltd.	7.54%
Small Industries Devp. Bank of India Ltd.	6.21%
Embassy Office Parks REIT	4.23%

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	42.73%
AA+	18.12%
AA	14.48%

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

Redeeming your investments in the Mahindra Manulife Low Duration Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Low Duration

#NA

Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.