Mahindra Manulife Ultra Short Term 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. 31 of SID). A relatively low interest rate risk and moderate credit risk

Type : Mutual Fund

Asset Class : Debt

Last Dividend Date: 04th October 2022 Last Dividend: 0.26629803

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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 18 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since August 24, 2020

Fund Manager : Mr. Amit Garg

Total Experience: Collectively over 16 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since June 8, 2020

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.
  • Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
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Mahindra Manulife Ultra Short Term Fund

Investors Understands that their principal will be at Low to Moderate risk

Riskometer

CRISIL Ultra Short Duration Fund BI Index

  • Scheme Overview
  • Scheme Documents and Forms

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.

Scheme Features:

  • Investment in quality short duration instruments having relatively stable returns and lowervolatility
  • 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

Who is it suitable for?

  • CORPORATES/ MSME#/ SOLE PROPRIETORSHIP
    • Liquidity focus makes it is an apt cash management tool
    • Alternative for those looking beyond liquid funds for better risk adjusted return

  • INDIVIDUALS
    • Investors looking for a short term investment solution
    • Investors moving away from traditional short term products and looking for alternatives with higher return potential

# Micro, small and medium scale enterprises

Benchmark:

CRISIL Ultra Short Term Debt Index

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Ultra Short Term Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Aug 30, 2022)
Managed by Mr. Rahul Pal and Mr. Amit Garg 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 3.47 N/A N/A 4.52 10,346 N/A N/A 11,352 1,135.22
Direct Plan - Growth Option 3.91 N/A N/A 4.96 10,389 N/A N/A 11,490 1,149.00
CRISIL Ultra Short Duration Fund BI Index^ 4.45 N/A N/A 5.12 10,443 N/A N/A 11,541 6,669.46
CRISIL 1 YR T-Bill Index^^ 3.17 N/A N/A 4.48 10,316 N/A N/A 11,340 6,402.95

^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.

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