Mahindra Manulife Ultra Short Term Fund- Regular - Growth
Mahindra Manulife Investment Management Pvt. Ltd.
₹1,486.06 (+0.03%)
NAV as of 9 Oct 2026
Minimum Investment: ₹1,000
Return
6.20% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 0.70%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹1,000
- Category
- Ultra Short Duration
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹1,032
Invested ₹1,000
▲+3.22%1 year
₹1,062
Invested ₹1,000
▲+6.20%3 years
₹1,069
Invested ₹1,000
▲+6.85%5 years
₹1,062
Invested ₹1,000
▲+6.20%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to ModerateThis fund
- Moderate
- Moderate to High
- High
- Very High
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | CRISIL Ultra Short Dur Debt A-I TR INR |
|---|---|
| Secondary Index Name | CRISIL Ultra Short Dur Debt A-I TR INR |
| Index Name | CRISIL Ultra Short Dura Debt A-I TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | +6.20% | +6.85% | +6.20% | — |
| Cumulative returns (%) | +6.20% | +22.00% | +35.09% | — |
Fund Manager
| Manager | Amit Garg |
|---|---|
| Role | Manager |
| Manager Tenure | 6.32 yrs |
About Fund
| Date of Incorporation | 18 Oct 2019 |
|---|---|
| Fund House | Mahindra Manulife Investment Management Pvt. Ltd. |
| Custodian | Deutsche Bank AG |
| Registrar / Transfer Agent | Mahindra Manulife Investment Management Pvt. Ltd. |
| Address | 1 Great Winchester Street |
Top Holdings
| Company | Weightage (%) |
|---|---|
| Small Industries Development Bank Of India | 9.18% |
| Indian Railway Finance Corporation Limited | 9.04% |
| Indian Railway Finance Corporation Limited | 7.13% |
| Rec Limited | 6.54% |
| National Bank For Agriculture And Rural Development | 6.22% |
| Rec Limited | 6.21% |
| Power Finance Corporation Limited | 6.10% |
| National Bank For Agriculture And Rural Development | 5.52% |
| Godrej Properties Limited | 5.34% |
| Power Finance Corporation Limited | 5.15% |
| Power Finance Corporation Limited | 5.14% |
| Shriram Finance Limited | 5.13% |
| Nexus Select TRust | 5.13% |
| Godrej Properties Limited | 5.09% |
| Rec Limited | 5.01% |
| Godrej Industries Limited | 4.73% |
| ICICI Home Finance Company Limited | 4.71% |
| National Bank For Agriculture And Rural Development | 4.53% |
| Mindspace Business Parks Reit | 4.45% |
| Tata Capital Housing Finance Limited | 4.43% |
| Tbill | 4.42% |
| Small Industries Development Bank Of India | 3.88% |
| LIC Housing Finance Ltd | 3.82% |
| 360 One Prime Limited | 3.39% |
| Power Finance Corporation Limited | 3.38% |
| Shriram Finance Limited | 2.58% |
| Embassy Office Parks Reit | 2.56% |
| Muthoot Finance Limited | 2.56% |
| Godrej Industries Limited | 2.50% |
| Piramal Capital & Housing Finance Limited | 2.45% |
| Rec Limited | 2.44% |
| Piramal Finance Limited | 2.23% |
| Muthoot Finance Limited | 2.23% |
Investment Strategy
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.
Regular income over short term
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.