Question 1

What is the current NAV of Mahindra Manulife Ultra Short Duration Fund Direct - Growth?

Accepted Answer

The current Net Asset Value (NAV) of the Mahindra Manulife Ultra Short Duration Fund - Direct Growth plan is approximately ₹1437.3116 as of Oct 20, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Mahindra Manulife Ultra Short Duration Fund Direct - Growth is a 6 yrs old fund and has delivered average annual returns of 6.21% since inception.

Mahindra Manulife Ultra Short Duration Fund Direct - Growth Returns

1-Year	3-Year	5-Year	Since Inception
7.45%	7.5%	6.07%	6.21%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Mahindra Manulife Ultra Short Duration Fund - Direct Growth has an expense ratio of 0.28%, 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.

Question 4

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

Accepted Answer

The Mahindra Manulife Ultra Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 208 Cr as on Sep 30, 2025.

Question 5

To whom does Mahindra Manulife Ultra Short Duration Fund lend to?

Accepted Answer

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

Holding Name	Percentage of Portfolio
Indian Railway Finance Corporation Ltd.	8.69%
Shriram Finance Ltd	7.24%
REC Ltd.	7.2%

Question 6

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

Accepted Answer

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

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

Credit Quality	Percentage of Portfolio
AAA	48.48%
AA+	16.89%
A1+	16.56%

Question 7

What is risk level of Mahindra Manulife Ultra Short Duration Fund?

Accepted Answer

This is a Ultra Short Duration fund comes with Low to Moderate risk.

Question 8

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

Accepted Answer

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

Question 9

How do I invest in Mahindra Manulife Ultra Short Duration Fund Direct - Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

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 Ultra Short Duration Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Mahindra Manulife Ultra Short Duration Fund is complete.

Question 10

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

Accepted Answer

Redeeming your investments in the Mahindra Manulife Ultra Short 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.

Expense ratio	0.28% as on Sep 30, 2025
Exit load	0%
AUM (Fund size)	₹208 Cr
Lock-in Period	Nil
Age	6 yrs since Oct 10, 2019
Benchmark	CRISIL Ultra Short Duration Debt A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Period	This fund	Category average
1 Month	0.5%	0.5%
3 Months	1.48%	1.49%
6 Months	3.33%	3.33%
1 Year	7.45%	7.44%
2 Years	7.59%	7.53%
3 Years	7.5%	7.42%
4 Years	6.66%	6.6%
5 Years	6.07%	6.1%

Alpha	1.96 vs. 3.06 Underperformed at beating benchmark
Sharpe	3.94 vs. 3.27 Better risk-adjusted return
Beta	0.57 vs. 2.37 Less sensitive to market ups & downs
Standard deviation	0.24 vs. 0.2 More volatile performance

Fund AUM	208 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

No. of schemes	25 view all schemes
Total AUM	31,673 Cr as on Sep 30, 2025
Address	1st Floor - Sadhana House, 570 - P.B. Marg, Worli, Mumbai, 400018
Phone	022-66327900

Mahindra Manulife Ultra Short Duration Fund Direct - Growth

Historical NAV & returns

Mahindra Manulife Ultra Short Duration Fund overview

Mahindra Manulife Ultra Short Duration Fund Returns calculator

Trailing returns as on Oct 25, 2025

Asset allocationas on Sep 30, 2025

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

Compare Mahindra Manulife Ultra Short Duration Fund in detail with

About this fund

About Mahindra Manulife Ultra Short Duration Fund

Fund managers

Investment objective

Mahindra Manulife Mutual Fund details

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Mahindra Manulife Ultra Short Duration Fund Direct - Growth Returns

ET Money rank

Fund name	ETM Rank	AUM	1Y	3Y
Mahindra Manulife Dynamic Bond Fund	N.A.	97 Cr	7.95%	8.41%
Mahindra Manulife Short Duration Fund	N.A.	71 Cr	8.63%	8.29%
Mahindra Manulife Low Duration Fund	N.A.	577 Cr	8.0%	7.83%
Mahindra Manulife Liquid Fund	N.A.	1,013 Cr	6.8%	7.12%
Mahindra Manulife Overnight Fund	N.A.	35 Cr	6.02%	6.44%