- Mutual Funds
- Mahindra Mutual Fund
- Mahindra Manulife Ultra Short Duration Fund (RIDCW-D)
Formerly Mahindra Manu Ultra ShortTermRegDlIDCW-R
Mahindra Manulife Ultra Short Duration Fund (RIDCW-D)
₹ 1043.4713
NAV (Apr 15)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1043.4713
NAV (Apr 15)
Fund Returns
Last 1Y | 6.9% |
Last 3Y | 5.3% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 5.1% |
6 Month CAGR | 3.4% |
Scheme Information
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.
Expense Ratio | 0.7 |
Launched (5y ago) | Oct 18, 2019 |
AUM in Crores | 195.359 |
ISIN | INF174V01861 |
Lock-in | No Lock-in |
Benchmark | CRISIL Ultra Short Dura Debt A-I TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.5 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.593 |
Sharpe Ratio (5yr) | 0 |
YTM | 7.87 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) | 8,32,037 | 99,425 | 5.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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.
Asset allocation and Holdings
Top Debt Holdings
mindspace business parks reit
7.7%godrej industries limited
5.1%power grid corporation of india limited
5.1%reliance industries limited
5.1%rec limited
5.1%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Mahindra Manulife Investment Management Pvt. Ltd.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.1% | 5.5% | ||
11.1% | 9.2% | ||
5.5% | 5.9% | ||
7.7% | 8.2% | ||
8.1% | 8.3% |
Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) Review
Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) is a Ultra Short Debt fund and has delivered an annualised return of 5.1% over a period of 4 years. The fund was previously known as Mahindra Manu Ultra ShortTermRegDlIDCW-R. The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd.. The fund managers are Amit Garg, Rahul Pal.
Nav of Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) as of 4/15/2024 is ₹1043.47 with the total AUM as of 4/16/2024 is ₹195.359. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) was launched on Oct 18, 2019. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) 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. Check your estimated returns on mutual funds by using sip calculator.
Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) 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 CRISIL Ultra Short Dura Debt A-I TR INR.
Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) is rated as a 0 fund in Debt and delivered 6.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mahindra Manulife Ultra Short Duration Fund (RIDCW-D).
Frequently Asked Questions
What is Mahindra Manulife Ultra Short Duration Fund (RIDCW-D)?
How to invest in Mahindra Manulife Ultra Short Duration Fund (RIDCW-D)?
You can invest in Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mahindra Manulife Ultra Short Duration Fund (RIDCW-D)?
The minimum sip amount for Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) is ₹1000. You can invest in multiples of ₹5000.
Is Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) good to invest in?
As per Scripbox experts, Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) is a Not Reviewed Yet fund. You can investMahindra Manulife Ultra Short Duration Fund (RIDCW-D) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mahindra Manulife Ultra Short Duration Fund (RIDCW-D)?
The expense ratio of the Mahindra Manulife Ultra Short Duration Fund (RIDCW-D) is 0.7% for regular plan.