
Mahindra Manulife Ultra Short Term Fund Direct Growth
Mahindra Manulife Ultra Short Term Fund Direct Growth
as on 30 Oct 2026
Mahindra Manulife Ultra Short Term Fund Direct Growth is a Debt mutual fund scheme launched on 18 Oct 2019. The current NAV stands at ₹1,531.8691 as of 30 Oct 2026.
Scheme Overview
- Inception Date : 18 Oct 2019
- AUM : ₹205.23 Cr
- 5Y Returns (CAGR) : 6.63%
- Expense Ratio : 0.31%
- Min. SIP : ₹500
- Min. Lumpsum : ₹1,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 35.65 L
6.63%
Total Investment
₹ 30,00,000
Returns
₹ 5,65,161 (6.63%)
Maturity Value
₹ 35,65,161
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 205.23 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹205.23 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 15 Jun 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 100.00% |
Stock Holdings
as of 15 Jun 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() S Small Industries Development Bank Of India | 8.15% | |
![]() C Canara Bank | 7.92% | |
![]() K Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 6.48% | |
![]() P Power Finance Corporation Limited | 6.11% | |
![]() H HDFC Bank Limited | 5.49% | |
![]() T Tata Capital Housing Finance Limited | 4.53% | |
![]() G Godrej Properties Limited | 4.53% | |
![]() N National Bank For Agriculture And Rural Development | 4.53% | |
![]() G GOI TBILL 364D-02/10/26 | 4.45% | |
![]() T Triparty Repo | 4.31% | |
![]() B Bank Of Baroda | 4.30% | |
![]() P Punjab National Bank | 3.89% | |
![]() 3 360 One Prime Limited | 3.39% | |
![]() N Net Receivables / (Payables) | 2.49% | |
![]() R RECL-7.71%-26022027-NCD | 2.49% | |
![]() E Embassy Office Parks Reit | 2.27% | |
![]() P PFL-9.3%-07012027-NCD | 2.27% | |
![]() P PFL-9.12%-06082027-NCD | 2.27% | |
![]() M MFL-8.52%-26052028-NCD | 2.27% | |
![]() G GIL-8.36%-28082026-NCD | 2.27% | |
![]() G GOI TBILL 364D-06/08/26 | 2.25% | |
![]() M Motilal Oswal Financial Services Ltd | 2.23% | |
![]() 3 360 One Prime Ltd. | 2.23% | |
![]() B Bajaj Housing Finance Limited | 1.81% | |
![]() L LIC Housing Finance Ltd | 1.80% | |
![]() J JM Financial Services Ltd | 1.72% | |
![]() 3 360 One Prime Limited | 1.13% | |
![]() N NABARD-7.48%-15092028-NCD | 1.13% | |
![]() P PFL-8.75%-29102027-NCD | 0.90% | |
![]() C Corporate Debt Market Development Fund Class A2 | 0.31% | |
![]() M Margin Placed With Ccil & Arcl | 0.07% | |
![]() T TVS Credit Services Limited | 0.00% |
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 1,000.00
AUM (in Cr.)
₹ 205.23
Expense Ratio
0.31%
Lock-in Period
No Lock in Period
52W Low NAV
-
Inception Date
18 Oct 2019
Fund Age
7 Yrs
Benchmark
CRISIL Ultra Short Duration Debt A-I Index
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- Returns to be taxed as per your normal Income Tax slab.
Fund Managers
| Name | Qualification |
|---|---|
| Rahul Pal | B.com., CA |
| Amit Garg | B.Com, MMS Finance, CFA |
Fund 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.
Risk-O-Meter
Investors understand that their principal will be at
Moderately Low Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Mahindra Manulife Mutual Fund
No. of Schemes
26
Total AUM
₹ 37,166.55 Cr
Contact Details
No. 204, 2nd Floor, Amiti Building,Piramal Agastya Corporate ParkLBS Road, Kurla(w), Mumbai 400070
Contact Details
No. 204, 2nd Floor, Amiti Building,Piramal Agastya Corporate ParkLBS Road, Kurla(w), Mumbai 400070
FAQs
When was Mahindra Manulife Ultra Short Term Fund launched?
What is the current NAV of Mahindra Manulife Ultra Short Term Fund?
What is the AUM of Mahindra Manulife Ultra Short Term Fund?
What is the rate of return of Mahindra Manulife Ultra Short Term Fund?
- In the past 1Y: 6.41%
- In the past 3Y: 7.20%
- In the past 5Y: 6.63%
What is the expense ratio of Mahindra Manulife Ultra Short Term Fund?
What is exit load of Mahindra Manulife Ultra Short Term Fund?
How risky is investing in Mahindra Manulife Ultra Short Term Fund?
Who is the fund manager Mahindra Manulife Ultra Short Term Fund?
What is the minimum investment required in Mahindra Manulife Ultra Short Term Fund?
How to invest in Mahindra Manulife Ultra Short Term Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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