Mahindra Manulife Short Duration Fund- Direct Payout

An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years (please refer to page no. 36 of SID). A moderate interest rate risk and moderate credit risk

Dividend at the discretion of the Trustees, subject to availability of distributable surplus.

Type : Mutual Fund

Asset Class : Debt

Last Dividend Date: 27th February 2023 Last Dividend: 0.40000000

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Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
Exit LoadNIL

Fund Manager : Mr. Rahul Pal

Total Experience: Collectively over 21 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since February 23, 2021

Fund Manager : Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investments)

Total Experience: Collectively over 12 years of experience in the field of ESG and Sustainability.

Experience in managing this fund : Managing since January 5, 2024

This Product is Suitable for investors who are seeking*

  • Income over short to medium term.
  • Investment in debt and money market instruments.
  • Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Mahindra Manulife- Scheme Risko Meter Moderate

Mahindra Manulife Short Duration Fund

Investors Understands that their principal will be at Moderate risk

Mahindra Manulife- Benchmark Risko Meter Moderate

CRISIL Short Duration Debt B-II Index

  • Scheme Overview
  • Scheme Documents and Forms

Investment Objective:

The investment objective of the Scheme is to generate income and capital appreciation through an actively managed diversified portfolio of Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years. 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.

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Short Duration Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Jan 31, 2024)
Managed by Mr. Rahul Pal and Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investments) 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 6.79 N/A N/A 4.66 10,679 N/A N/A 11,431 11.431
Direct Plan - Growth Option 7.83 N/A N/A 5.67 10,783 N/A N/A 11,759 11.7586
CRISIL Short Duration Fund BII Index^ 7.72 N/A N/A 5.97 10,772 N/A N/A 11,857 4578.91
CRISIL 1 Year T-Bill^^ 6.91 N/A N/A 5.00 10,691 N/A N/A 11,540 7011.51

^Benchmark ^^Additional Benchmark. Inception/Allotment date: 23-Feb-21. 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. Pursuant to change in Fund Management Responsibilities, the scheme shall be managed by Mr. Rahul Pal and Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investment) effective January 5, 2024.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.