How to Invest in Mahindra Manulife Low Duration Fund Direct Growth?

You can easily invest in Mahindra Manulife Low Duration Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mahindra Manulife Low Duration Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mahindra Manulife Low Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Low Duration Fund Direct Growth provide?

The Mahindra Manulife Low Duration Fund Direct Growth has been there from 15 Feb 2017 and the average annual returns provided by this fund is 7.40% since its inception.

How much expense ratio is charged by Mahindra Manulife Low Duration Fund Direct Growth?

The term Expense Ratio used for Mahindra Manulife Low Duration Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mahindra Manulife Low Duration Fund Direct Growth is 0.30% as of 04 Dec 2023...

What is the AUM of Mahindra Manulife Low Duration Fund Direct Growth?

The AUM, short for Assets Under Management of Mahindra Manulife Low Duration Fund Direct Growth is ₹475.30Cr as of 04 Dec 2023.

How to Redeem Mahindra Manulife Low Duration Fund Direct Growth?

If you want to sell your Mahindra Manulife Low Duration Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the NAV of Mahindra Manulife Low Duration Fund Direct Growth?

The NAV of Mahindra Manulife Low Duration Fund Direct Growth is ₹1,547.64 as of 01 Dec 2023.

What is the PE and PB ratio of Mahindra Manulife Low Duration Fund Direct Growth?

The PE ratio ratio of Mahindra Manulife Low Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mahindra Manulife Low Duration Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Mahindra Manulife Low Duration Fund Direct Growth
Debt
Low Duration
Moderate Risk
22%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹1,547.64
Min. SIP amount₹500
Rating3
Fund size₹475.30Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.4%5.2%6.4%6.6%
Category average6.8%4.9%5.6%NA
Rank with in category6119NA
Understand terms
Holdings (39)NameSectorInstrumentAssets
GOI
SovereignGOI FRB4.3%
Tata Realty and Infrastructure Ltd.
ConstructionNCD4.2%
ONE Wealth Ltd.
FinancialCP4.1%
Shriram Finance Ltd
FinancialAdditional Tier 2 Bo3.2%
Bharti Telecom Ltd.
CommunicationDebenture3.2%
Motilal Oswal Financial Services Ltd.
FinancialCP3.1%
Embassy Office Parks REIT
ConstructionDebenture3.1%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.1%
National Housing Bank
FinancialDebenture3.1%
GOI
SovereignGOI Sec3.1%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
Nov 2023 - Present
30%
Nov 2023 - 24 Nov 2023
30%
Nov 2023 - 23 Nov 2023
30%
Nov 2023 - 22 Nov 2023
30%
Nov 2023 - 21 Nov 2023
30%
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30%
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30%
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30%
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30%
Nov 2023 - 16 Nov 2023
30%
Nov 2023 - 15 Nov 2023
30%
Nov 2023 - 14 Nov 2023
30%
Nov 2023 - 13 Nov 2023
30%
Nov 2023 - 12 Nov 2023
30%
Nov 2023 - 11 Nov 2023
30%
Nov 2023 - 10 Nov 2023
30%
Nov 2023 - 09 Nov 2023
30%
Nov 2023 - 08 Nov 2023
30%
Nov 2023 - 07 Nov 2023
30%
Nov 2023 - 06 Nov 2023
30%
Nov 2023 - 05 Nov 2023
30%
Nov 2023 - 04 Nov 2023
30%
Nov 2023 - 03 Nov 2023
30%
Nov 2023 - 02 Nov 2023
30%
Oct 2023 - 01 Nov 2023
30%
Oct 2023 - 31 Oct 2023
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Oct 2023 - 30 Oct 2023
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Oct 2023 - 26 Oct 2023
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Oct 2023 - 25 Oct 2023
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Oct 2023 - 24 Oct 2023
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Oct 2023 - 23 Oct 2023
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Oct 2023 - 22 Oct 2023
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Oct 2023 - 21 Oct 2023
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Oct 2023 - 20 Oct 2023
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Oct 2023 - 19 Oct 2023
30%
Oct 2023 - 18 Oct 2023
30%
Oct 2023 - 17 Oct 2023
30%
Oct 2023 - 16 Oct 2023
30%
Oct 2023 - 15 Oct 2023
30%
Oct 2023 - 14 Oct 2023
30%
Oct 2023 - 13 Oct 2023
30%
Oct 2023 - 12 Oct 2023
30%
Oct 2023 - 11 Oct 2023
30%
Oct 2023 - 10 Oct 2023
30%
Oct 2023 - 09 Oct 2023
30%
Oct 2023 - 08 Oct 2023
30%
Oct 2023 - 07 Oct 2023
30%
Oct 2023 - 06 Oct 2023
30%
Oct 2023 - 05 Oct 2023
30%
Oct 2023 - 04 Oct 2023
30%
Oct 2023 - 03 Oct 2023
30%
Oct 2023 - 02 Oct 2023
30%
Sep 2023 - 01 Oct 2023
30%
Sep 2023 - 30 Sep 2023
30%
Sep 2023 - 29 Sep 2023
30%
Sep 2023 - 28 Sep 2023
30%
Sep 2023 - 27 Sep 2023
30%
Sep 2023 - 26 Sep 2023
30%
Sep 2023 - 25 Sep 2023
30%
Sep 2023 - 24 Sep 2023
30%
Sep 2023 - 23 Sep 2023
30%
Sep 2023 - 22 Sep 2023
30%
Sep 2023 - 21 Sep 2023
30%
Sep 2023 - 20 Sep 2023
30%
Sep 2023 - 19 Sep 2023
30%
Sep 2023 - 18 Sep 2023
30%
Sep 2023 - 17 Sep 2023
30%
Sep 2023 - 16 Sep 2023
30%
Sep 2023 - 15 Sep 2023
30%
Sep 2023 - 14 Sep 2023
30%
Sep 2023 - 13 Sep 2023
30%
Sep 2023 - 12 Sep 2023
30%
Sep 2023 - 11 Sep 2023
30%
Sep 2023 - 10 Sep 2023
30%
Sep 2023 - 09 Sep 2023
30%
Sep 2023 - 08 Sep 2023
30%
Sep 2023 - 07 Sep 2023
30%
Sep 2023 - 06 Sep 2023
30%
Sep 2023 - 05 Sep 2023
30%
Sep 2023 - 04 Sep 2023
30%
Sep 2023 - 03 Sep 2023
30%
Sep 2023 - 02 Sep 2023
30%
Aug 2023 - 01 Sep 2023
30%
Jul 2023 - 31 Aug 2023
30%
Jun 2023 - 31 Jul 2023
30%
May 2023 - 30 Jun 2023
30%
Apr 2023 - 31 May 2023
36%
Mar 2023 - 30 Apr 2023
37%
Feb 2023 - 31 Mar 2023
37%
Jan 2023 - 28 Feb 2023
37%
Dec 2022 - 31 Jan 2023
37%
Dec 2022 - 31 Dec 2022
37%
Dec 2022 - 31 Dec 2022
37%
Nov 2022 - 31 Dec 2022
36%
Nov 2022 - 30 Nov 2022
36%
Nov 2022 - 30 Nov 2022
36%
Oct 2022 - 30 Nov 2022
36%
Oct 2022 - 31 Oct 2022
36%
Oct 2022 - 31 Oct 2022
36%
Oct 2022 - 31 Oct 2022
36%
Sep 2022 - 31 Oct 2022
36%
Sep 2022 - 30 Sep 2022
36%
Sep 2022 - 30 Sep 2022
36%
Aug 2022 - 30 Sep 2022
36%
Aug 2022 - 31 Aug 2022
36%
Jul 2022 - 31 Aug 2022
36%
Jul 2022 - 31 Jul 2022
36%
Jun 2022 - 31 Jul 2022
36%
Jun 2022 - 30 Jun 2022
36%
May 2022 - 30 Jun 2022
36%
May 2022 - 31 May 2022
36%
Apr 2022 - 31 May 2022
36%
Apr 2022 - 30 Apr 2022
36%
Mar 2022 - 30 Apr 2022
36%
Mar 2022 - 31 Mar 2022
36%
Feb 2022 - 31 Mar 2022
36%
Feb 2022 - 28 Feb 2022
36%
Jan 2022 - 28 Feb 2022
36%
Dec 2021 - 31 Jan 2022
36%
Nov 2021 - 31 Dec 2021
36%
Oct 2021 - 30 Nov 2021
36%
Sep 2021 - 31 Oct 2021
36%
Aug 2021 - 30 Sep 2021
36%
Jul 2021 - 31 Aug 2021
36%
Jun 2021 - 31 Jul 2021
36%
May 2021 - 30 Jun 2021
36%
Apr 2021 - 31 May 2021
34%
Mar 2021 - 30 Apr 2021
35%
Feb 2021 - 31 Mar 2021
35%
Jan 2021 - 28 Feb 2021
35%
Dec 2020 - 31 Jan 2021
34%
Nov 2020 - 31 Dec 2020
34%
Oct 2020 - 30 Nov 2020
34%
Sep 2020 - 31 Oct 2020
34%
Aug 2020 - 30 Sep 2020
31%
Jul 2020 - 31 Aug 2020
31%
Jun 2020 - 31 Jul 2020
31%
May 2020 - 30 Jun 2020
31%
Apr 2020 - 31 May 2020
32%
Mar 2020 - 30 Apr 2020
32%
Feb 2020 - 31 Mar 2020
33%
Jan 2020 - 29 Feb 2020
34%
Dec 2019 - 31 Jan 2020
34%
Nov 2019 - 31 Dec 2019
34%
Oct 2019 - 30 Nov 2019
34%
Sep 2019 - 31 Oct 2019
34%
Aug 2019 - 30 Sep 2019
34%
Jul 2019 - 31 Aug 2019
34%
Jun 2019 - 31 Jul 2019
33%
May 2019 - 30 Jun 2019
33%
Apr 2019 - 31 May 2019
33%
Mar 2019 - 30 Apr 2019
33%
Feb 2019 - 31 Mar 2019
33%
Jan 2019 - 28 Feb 2019
33%
Dec 2018 - 31 Jan 2019
31%
Nov 2018 - 31 Dec 2018
30%
Oct 2018 - 30 Nov 2018
30%
Sep 2018 - 31 Oct 2018
27%
Aug 2018 - 30 Sep 2018
26%
Jul 2018 - 31 Aug 2018
27%
Jun 2018 - 31 Jul 2018
27%
May 2018 - 30 Jun 2018
23%
Apr 2018 - 31 May 2018
23%
Mar 2018 - 30 Apr 2018
23%
Feb 2018 - 31 Mar 2018
23%
Jan 2018 - 28 Feb 2018
22%
Dec 2017 - 31 Jan 2018
22%
Nov 2017 - 31 Dec 2017
25%
Oct 2017 - 30 Nov 2017
23%
Expense ratio, exit load and taxExpense ratio: 0.30%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementRahul Pal
Feb 2017 - Present
View details
Education
Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Also manages these schemes
Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Equity Savings Fund Direct Growth
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Dynamic Bond Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Ultra Short Duration Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Short Duration Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Fund house & investment objective
Mahindra Mutual Fund
Rank (total assets)#28 in India
Total AUM₹4,742.00Cr
Date of Incorporation04 Feb 2016
 Mahindra Manulife Low Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Rahul Pal is the Current Fund Manager of Mahindra Manulife Low Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 01 Dec 2023 is ₹1,547.64.
The Mahindra Manulife Low Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000.
;
Investment ObjectiveThe Scheme seeks 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.
;
Fund benchmarkCRISIL Low Duration Debt B-I Index
Scheme Information Document(SID)
Fund house contact details
Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
Feb 2016
E-mail
[email protected]
Website
www.mahindramutualfund.com
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Mahindra Manulife Low Duration Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	7.4%	5.2%	6.4%	6.6%
Category average	6.8%	4.9%	5.6%	NA
Rank with in category	6	11	9	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI FRB	4.3%
Tata Realty and Infrastructure Ltd.	Construction	NCD	4.2%
360 ONE Wealth Ltd.	Financial	CP	4.1%
Shriram Finance Ltd	Financial	Additional Tier 2 Bo	3.2%
Bharti Telecom Ltd.	Communication	Debenture	3.2%
Motilal Oswal Financial Services Ltd.	Financial	CP	3.1%
Embassy Office Parks REIT	Construction	Debenture	3.1%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	3.1%
National Housing Bank	Financial	Debenture	3.1%
GOI	Sovereign	GOI Sec	3.1%

Rank (total assets)	#28 in India
Total AUM	₹4,742.00Cr

Date of Incorporation	04 Feb 2016

Fund benchmark	CRISIL Low Duration Debt B-I Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹475.30Cr

Mahindra Manulife Low Duration Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (39)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.30%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Rahul PalFeb 2017 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Rahul Pal
Feb 2017 - Present
View details