Mahindra Manulife Low Duration Fund

(An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the Portfolio is between 6 months and 12 months (please refer to page no. 32 of SID). A relatively low interest rate risk and moderate credit risk..)

Type : Mutual Fund

Asset Class : Debt

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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 February 15, 2017

This Product is Suitable for investors who are seeking*

  • Regular Income over short 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.
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Mahindra Manulife Low Duration Fund

Investors Understands that their principal will be at Moderate risk

Riskometer

CRISIL Low Duration Debt Index

Investment Objective:

The investment objective of the Scheme is 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. However, there is no assurance that the investment objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Suitability:

  • Investors looking for an alternative to savings/current bank account for parking of short-term surpluses.
  • Investors looking for optimum yields from investments in relatively low risk instruments.
  • Investors seeking high level of liquidity and no lock-in.
  • Mutual fund investors desirous of managing their cashflows efficiently between schemes.

Convenience:

  • Zero load - Zero lock in means redemptions are always possible at no additional cost.
  • Electronic credit of funds through RTGS, NEFT and Direct Credit are available for redemption proceeds.

Transparency:

  • Regular monthly factsheets highlighting allocation of funds and performance^ of the scheme are made available .
  • Portfolio details are published on Mahindra Mutual Fund website.

Benchmark:CRISIL Low Duration Debt Index

^ subject to applicable regulatory requirements

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Low Duration Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Feb 28, 2022)
Managed by Mr. Rahul Pal 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 3.42 5.53 5.87 5.90 10,340 11,753 13,305 13,345 1,334.54
Direct Plan - Growth Option 4.26 6.38 6.80 6.82 10,424 12,042 13,898 13,944 1,394.36
Crisil Low Duration Debt Index^ 4.60 6.53 6.83 6.84 10,459 12,092 13,914 13,958 6,498.05
Crisil 1 Yr T-Bill Index^^ 3.65 5.36 5.84 5.85 10,365 11,697 13,283 13,317 6,301.82

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 15-Feb-17.
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.

For performance of other schemes managed by Mr. Rahul Pal click here

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