₹ 10.3591
NAV (Mar 05)
Not Recommended
However, Scripbox does not recommend investing in credit risk mutual funds.
Credit Risk Funds are mandated to invest more than 65% of the portfolio in Corporate Bonds rated AA or below.
These instruments carry a high default risk.
The events of the recent past have shown the impact of poor credit quality on such funds.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
Relative Size
138 Cr. Small within the category
Impact of Interest Rate Changes
Moderate Interest Rate Risk. The impact on fund value is moderate when interest rates change
Credit Quality Of Fund's Portfolio
High Credit Risk. The fund has a lower credit quality compared to other debt funds
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Scheme Information
The investment objective of the Scheme is to generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds,debt,government securities and money market instruments while maintaining the optimum balance of yield,safety and liquidity. However,there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Low to Moderate Risk
1.88 %
Expense Ratio
Aug 20, 2018
Launched (3y ago)
₹ 138
AUM in Crores
INF174V01564
ISIN
No Lock-in
Lock-in
NIFTY Credit Risk Bond TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
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Ultra Short
Recommended
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22 Years
Age
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Liquid
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Top Ranked
18 Years
Age
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Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
About the AMC
Mahindra Manulife Investment Management Pvt. Ltd.
Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 5,089 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 17 equity,19 debt and 9 hybrid funds.
Diversified
₹ 384 Cr
Fund Size
13.5%
3Y returns
Large Cap
₹ 98 Cr
Fund Size
N/A
3Y returns
Aggressive Hybrid
₹ 149 Cr
Fund Size
N/A
3Y returns
Liquid
₹ 1,700 Cr
Fund Size
N/A
3Y returns
Liquid
₹ 1,700 Cr
Fund Size
5.9%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Mahindra Manulife Credit Risk Fund (DR-Q) is a credit risk debt fund and has delivered an annualised return of 5.0% over a period of 3 years ..The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd..The fund manager’s name is Rahul Pal.
The investment objective of the Scheme is to generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds,debt,government securities and money market instruments while maintaining the optimum balance of yield,safety and liquidity. However,there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. However, there is no assurance that the objective of the scheme will be realized.
The Mahindra Manulife Credit Risk Fund (DR-Q) fund was launched on Aug 20, 2018. The NAV (Net Asset Value) of this credit risk debt as of 2021-03-05 is ₹ 10.3591. The total AUM (Asset Under Management) of the fund as of 2021-03-06 is ₹ 137.565. The category risk of the Mahindra Manulife Credit Risk Fund (DR-Q) fund is Low to Moderate Risk. The fund charges 1.88 % as expense ratio.
The fund’s highest allocation is towards others and has invested 51.2% in this asset class. The top three holdings of the fund are 5.77% goi 2030,jm financial asset reconstruction company limited and rural electrification corporation limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Credit Risk Bond TR INR.
Mahindra Manulife Credit Risk Fund (DR-Q) has a score of 1 on a scale of 5. The fund scores 2 out of 5 based on historical performance. As compared to the other funds in its category, Mahindra Manulife Credit Risk Fund (DR-Q) has a score of 2 out of 5. The credit risk of the fund is 2 out of 5 as compared to other debt funds.