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Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 38/100 · Weak
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)-0.02%
- Expense ratio (20%)0.22%
- AUM (15%)₹13 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mahindra Manulife Mutual Fund · Income/Debt Oriented · Ultra Short to Short Term Fund
₹10.46
AUM: ₹12 Cr
NAV updated 13 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.22%
Exit Load
Nil
Fund Manager
Rahul Pal
Inception
Dec 2025
Benchmark
CRISIL Low Duration Debt A-I Index
Sharpe Ratio
-2.95
Std Dev (1Y)
2.12%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.05%
3m
+1.4%
6m
+3.16%
1y
-0.01%
3y
-0.02%
5y
+0.02%
10y
—
since inception
+1.33%
TopFund's Take on Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW
Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW lags behind most of its peers in the Ultra Short to Short Term Fund category, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 38/100.
Cost: At 0.22%, the expense ratio is meaningfully cheaper — about 42% below the Ultra Short to Short Term Fund category average of 0.38% (based on 103 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -2.95 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 2.12% is on the lower side for a Ultra Short to Short Term Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW
The current NAV (Net Asset Value) of Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW is ₹10.46. NAV is updated every business day after market close by AMFI.
1Y: -0.01% · 3Y CAGR: -0.02% · 5Y CAGR: 0.02%
The expense ratio of Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW is 0.22% per annum. This is the annual fee charged by the fund to manage your investment.
Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW is managed by Rahul Pal at Mahindra Manulife Mutual Fund.
Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW is a Ultra Short to Short Term Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mahindra Manulife Low Duration Fund - Direct Plan - Monthly IDCW is ₹13 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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