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  • Mahindra Manulife Ultra Short Term Fund (Growth)
Mahindra Manulife Ultra Short Term Fund (Growth)

Mahindra Manulife Ultra Short Term Fund (Growth)

DebtUltra Short

1093.4438

NAV (Jul 29)

5.1%
Till Date CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in ultra short mutual funds.

However, Scripbox does not recommend investing in ultra short mutual funds.

Our analysis of this fundLearn how we rate funds ->

Track Record

2 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.

Relative Size

200 Cr. Small within the category

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

Short Term Money

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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    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Scheme Information

Investment 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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Moderate Risk

Expense Ratio
0.77 %
Launched (2y ago)
Oct 18, 2019
AUM in Crores
₹ 200
ISIN
INF174V01853
Lock-in
No Lock-in
Benchmark
CRISIL Ultra Short Term Debt TR INR
SIP Minimum
₹ 1,000
Lumpsum Min.
₹ 5,000
Fund Managers
user-avatar

Amit Garg

Fund Manager

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Rahul Pal

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Kotak Savings Fund (G)

Kotak Savings Fund (G)

Ultra Short

Recommended

Top Ranked

17 Years

Age

5

Track Record

Aditya Birla Sun Life Liquid (G)

Aditya Birla Sun Life Liquid (G)

Liquid

Recommended

Top Ranked

17 Years

Age

5

Track Record

SBI Magnum Ultra Short Duration Fund (G)

SBI Magnum Ultra Short Duration Fund (G)

Ultra Short

Recommended

Top Ranked

22 Years

Age

5

Track Record

ICICI Prudential Savings Fund (G)

ICICI Prudential Savings Fund (G)

Low Duration

Recommended

Top Ranked

19 Years

Age

5

Track Record

Nippon India Liquid Fund (G)

Nippon India Liquid Fund (G)

Liquid

Recommended

Top Ranked

18 Years

Age

5

Track Record

amc-icon

About the AMC

Mahindra Manulife Investment Management Pvt. Ltd.

Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 6,056 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 20 equity,20 debt and 9 hybrid funds.

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  • tel-amc-about
    022-66327900
  • mail-amc-about
    mfinvestors@mahindra.com
  • Mahindra Manulife Multi Cap Badhat Yojana (G)

    Mahindra Manulife Multi Cap Badhat Yojana (G)

    Diversified

    ₹ 596 Cr

    Fund Size

    15.90%

    Till Date CAGR

    Till Date CAGR

    Mahindra Manulife Top 250 Nivesh Yojana fund (G)

    Mahindra Manulife Top 250 Nivesh Yojana fund (G)

    Diversified

    ₹ 370 Cr

    Fund Size

    29.30%

    Till Date CAGR

    Till Date CAGR

    Mahindra Manulife Large Cap Pragati Yojana fund (G)

    Mahindra Manulife Large Cap Pragati Yojana fund (G)

    Large Cap

    ₹ 122 Cr

    Fund Size

    16.40%

    Till Date CAGR

    Till Date CAGR

    Mahindra Manulife Hybrid Equity Nivesh Yojana fund (G)

    Mahindra Manulife Hybrid Equity Nivesh Yojana fund (G)

    Aggressive Hybrid

    ₹ 232 Cr

    Fund Size

    24.60%

    Till Date CAGR

    Till Date CAGR

    Mahindra Manulife Liquid Fund Redemption Dividend Upto 3 years (G)

    Mahindra Manulife Liquid Fund Redemption Dividend Upto 3 years (G)

    Liquid

    ₹ 1,599 Cr

    Fund Size

    5.60%

    3 Year CAGR

    3 Y CAGR

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Mahindra Manulife Ultra Short Term Fund (G)

    About Mahindra Manulife Ultra Short Term Fund (G)

    Mahindra Manulife Ultra Short Term Fund (G) is a ultra short debt fund and has delivered an annualised return of 5.1% over a period of 2 years ..The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd..The fund managers are Amit Garg, Rahul Pal

    Mahindra Manulife Ultra Short Term Fund (G) Investment 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. However, there is no assurance that the objective of the scheme will be realized.

    Mahindra Manulife Ultra Short Term Fund (G) NAV,AUM,Risk

    The Mahindra Manulife Ultra Short Term Fund (G) fund was launched on Oct 18, 2019. The NAV (Net Asset Value) of this ultra short debt as of 2021-07-29 is ₹ 1093.4438. The total AUM (Asset Under Management) of the fund as of 2021-07-29 is ₹ 199.700. The category risk of the Mahindra Manulife Ultra Short Term Fund (G) fund is Moderate Risk. The fund charges 0.77 % as expense ratio.

    Mahindra Manulife Ultra Short Term Fund (G) Holdings

    The fund’s highest allocation is towards others and has invested 67.0% in this asset class. The top three holdings of the fund are 182 dtb 18112021,hindalco industries limited and national bank for agriculture and rural development

    Mahindra Manulife Ultra Short Term Fund (G) SIP

    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.

    Mahindra Manulife Ultra Short Term Fund (G) Investment volatility and Horizon

    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 CRISIL Ultra Short Term Debt TR INR.

    Mahindra Manulife Ultra Short Term Fund (G) Review

    Mahindra Manulife Ultra Short Term Fund (G) has a score of 2 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, Mahindra Manulife Ultra Short Term Fund (G) has a score of 2 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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