MAHINDRA MANULIFE ULTRA SHORT DURATION FUND
(An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 6 months (please refer to page no. 18 of SID). A relatively low interest rate risk and moderate credit risk.)

Data as on 30th, September 2024

Investment Objective The investment objective of the Scheme is 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Fund Features Investment in quality short duration instruments having relatively stable returns and lower volatility Selection of securities based on Risk Guard Process^ – An in-house Research and Process Framework Optimal risk management for providing better risk adjusted returns
^ Refer SID for details
Fund Manager and Experience Fund Manager: Mr. Rahul Pal
Total Experience: 22 years
Experience in managing this fund: 4 years and 11 months (Managing since October 17, 2019)
Fund Manager: Mr. Amit Garg
Total Experience: 19 years
Experience in managing this fund:: 4 years and 4 month (Managing since June 8, 2020)
Date of allotment October 17, 2019
Benchmark CRISIL Ultra Short Duration Debt A-I Index
Available Plans for subscription by investors Direct (Default) and Regular
Available Options under each plan Growth (Default) and IDCW
Available Facilities under IDCW Option Daily IDCW Reinvestment (Default), Weekly IDCW Reinvestment
Minimum Application Amount Rs. 1,000/- and in multiples of Re.1/- thereafter.
Minimum Redemption/Switch-Out Amount Rs. 1,000/- or 1 unit or account balance, whichever is lower
Minimum Switch-in Amount Rs. 1,000/- and in multiples of Re. 0.01/- thereafter
SIP Minimum Weekly & Monthly SIP Amount: Rs 500 and in multiples of Re 1 thereafter
Minimum Weekly & Monthly SIP Installments: 6
Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter
Minimum Quarterly SIP installments: 4
Monthly AAUM as on September 30, 2024 (Rs. in Cr.): 249.51
Quarterly AAUM as on September 30, 2024 (Rs. in Cr.): 247.22
Monthly AUM as on September 30, 2024 (Rs. in Cr.): 235.61
Total Expense Ratio1
as on September 30, 2024:
Regular Plan: 0.70%
Direct Plan: 0.28%
1Includes additional expenses charged in terms of Regulation 52 (6A) (b) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Services Tax.
Load Structure: Entry Load: N.A.
Exit Load: NIL

Annualised Portfolio YTM*2: 7.62%
Macaulay Duration: 177.92 days
Modified Duration: 0.46
Residual Maturity: 198.11 days
As on (Date) September 30, 2024
*In case of semi annual YTM, it will be annualised
2Yield to maturity should not be construed as minimum return offered by the Scheme

NAV as on September 30, 2024
NAV/Unit
Regular Plan (In Rs.)
Direct Plan (In Rs.)
Daily IDCW
1043.9204
1110.7159
Weekly IDCW
1002.0113
1001.9577
Growth
1303.9239
1331.4147
IDCW: Income Distribution cum Capital Withdrawal

Issuer
Rating
% of Net Assets
Certificate of Deposit
10.11%
Indian Bank
CRISIL A1+
4.11%
Axis Bank Limited
CRISIL A1+
4.00%
Kotak Mahindra Bank Limited
CRISIL A1+
2.00%
Commercial Paper
4.19%
360 One Prime Limited
CRISIL A1+
2.10%
Shriram Finance Limited
CRISIL A1+
2.09%
Corporate Bond
71.03%
REC Limited
CRISIL AAA
8.47%
Small Industries Dev Bank of India
ICRA AAA
8.45%
PNB Housing Finance Limited
ICRA AA+
6.37%
Embassy Office Parks REIT
CRISIL AAA
6.36%
Power Finance Corporation Limited
CRISIL AAA
6.33%
National Bank For Agriculture and Rural Development
CRISIL AAA / ICRA AAA
6.32%
Shriram Finance Limited
CRISIL AA+
4.67%
Export Import Bank of India
CRISIL AAA
4.25%
Bharti Telecom Limited
CRISIL AA+
4.25%
Godrej Industries Limited
CRISIL AA
4.21%
Reliance Industries Limited
CRISIL AAA
2.13%
HDFC Bank Limited
CRISIL AAA
2.12%
Muthoot Finance Limited
CRISIL AA+
2.12%
LIC Housing Finance Limited
CRISIL AAA
2.12%
360 One Prime Limited
CRISIL AA
1.78%
Bajaj Housing Finance Limited
CRISIL AAA
1.06%
Corporate Debt Market Development Fund
0.25%
Corporate Debt Market Development Fund Class A2
0.25%
Government Bond
1.07%
4.04% GOI FRB (MD 04/10/2028)
SOV
1.07%
Treasury Bill
8.33%
182 Days Tbill (MD 27/02/2025)
SOV
4.13%
182 Days Tbill (MD 11/10/2024)
SOV
2.12%
182 Days Tbill (MD 06/02/2025)
SOV
2.07%
Cash & Other Receivables
5.02%
Grand Total
100.00%
( Top Ten Holdings - Issuer wise) as on September 30, 2024)

Mahindra Manulife Ultra Short Duration Fund
CAGR Returns (%)
Value of Investment of Rs. 10,000*
NAV / Index Value
(as on September 30, 2024
)
Managed by
Mr. Rahul Pal and Mr. Amit Garg
1 Year
3 Years
Since Inception
1 Year
3 Years
Since Inception
Regular Plan - Growth Option
7.18
5.85
5.50
10,722
11,862
13,039
1,303.9239
Direct Plan - Growth Option
7.63
6.30
5.94
10,768
12,013
13,314
1,331.4147
CRISIL Ultra Short Duration Debt A-I Index^
7.62
6.37
5.86
10,766
12,036
13,261
7,666.17
CRISIL 1 Year T-Bill Index^^
7.64
5.84
5.53
10,768
11,857
13,060
7,374.14

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 17-Oct-19. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 1,000 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr Amit Garg is managing the scheme since June 8, 2020. For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode

Mahindra Manulife Ultra Short Duration Fund
Regular Plan
Direct Plan
CRISIL Ultra Short Duration
Debt A-I Index ^
Crisil 1 Yr T-Bill Index^^
SIP Investment Period
Total Amount Invested
()
Market Value
()
CAGR Returns
(%)
Market Value
()
CAGR Returns
(%)
Market Value
()
CAGR Returns
(%)
Market Value
()
CAGR Returns
(%)
1 Year
120,000
124,661
7.29
124,949
7.75
124,886
7.65
124,987
7.81
3 Years
360,000
398,242
6.67
400,912
7.12
401,080
7.15
399,283
6.84
5 Years
NA
NA
NA
NA
NA
NA
NA
NA
NA
Since Inception
590,000
682,249
5.85
689,750
6.29
690,068
6.31
683,639
5.93

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 17-Oct-19. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return). For SIP Performance please click here | Best Viewed in Landscape mode

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
**Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
**Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

Product Suitability
This Product is Suitable for investors who are seeking*
  • Regular Income over short term.
  • Investment in a portfolio of short term debt and money market instruments.
Scheme Riskometers
Benchmark Riskometers
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
Scheme Benchmark: CRISIL Ultra Short Duration Debt A-I Index
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Refere to the PRCM disclosure click here