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Fund Overview of Mahindra Manulife Ultra Short Duration Fund Direct-growth
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₹213.2 CrAUM
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₹1,497.68NAV
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0.31%Expense Ratio
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DebtFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Mahindra Manulife Ultra Short Duration Fund Direct-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.87% | NA | 1.71% |
| 6 Months | 3.26% | NA | 3.90% |
| 1 Year | 6.44% | 6.44% | 7.70% |
| 2 Years | 14.92% | 7.20% | 7.59% |
| 3 Years | 23.54% | 7.30% | 7.34% |
| 5 Years | 36.61% | 6.44% | 6.07% |
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Asset Allocation
debt instruments
95.75%other assets or cash equivalents
4.25%Mahindra Manulife Ultra Short Duration Fund Direct-growth is one Debt mutual fund offered by Mahindra Manulife Mutual Fund. Launched on 17 Oct 2019, the fund aims Regular income over short term. Investment in a portfolio of short term debt and money market instruments. It manages assets worth ₹213.2 crore as on Sun May 31, 2026. The expense ratio stands at 0.31%. Fund Manager Manager Education Fund Manager Manager EducationAbout Mahindra Manulife Ultra Short Duration Fund Direct-growth
The portfolio allocation consists of 95.75% in debt instruments, 4.25% in other assets or cash equivalents.Managed by Rahul Pal, it has delivered a return of 6.44% in the last year, a total return since inception of 6.24%.
As shortlisting investment options many investors also look at best sip to invest based on returns.
Key Metrics of Mahindra Manulife Ultra Short Duration Fund Direct-growth
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Standard Deviation0.35%
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Sharpe Ratio3.22%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Nippon India Ultra Short Duration Fund Direct-growth  |
₹10,938 | 0.75% | 1.89% | 6.78% | 7.56% | 7.37% |
| Nippon India Ultra Short Duration Fund Direct-idcw Daily |
₹10,938 | 0.75% | 1.89% | 6.78% | 7.56% | 7.37% |
| Nippon India Ultra Short Duration Fund Direct-idcw Monthly |
₹10,938 | 0.75% | 1.89% | 6.78% | 7.56% | 7.37% |
| Nippon India Ultra Short Duration Fund Direct-idcw Quarterly |
₹10,938 | 0.75% | 1.89% | 6.78% | 7.56% | 7.37% |
| Nippon India Ultra Short Duration Fund Direct-idcw Weekly |
₹10,938 | 0.75% | 1.89% | 6.78% | 7.56% | 7.37% |
| UTI Ultra Short Duration Fund Direct-flexi Idcw |
₹3,997 | 0.71% | 1.76% | 6.41% | 7.30% | 7.01% |
| UTI Ultra Short Duration Fund Direct-growth |
₹3,997 | 0.71% | 1.76% | 6.41% | 7.30% | 7.01% |
| UTI Ultra Short Duration Fund Direct-idcw Daily |
₹3,997 | 0.71% | 1.76% | 6.41% | 7.30% | 7.01% |
| UTI Ultra Short Duration Fund Direct-idcw Fortnightly |
₹3,997 | 0.71% | 1.76% | 6.41% | 7.30% | 7.01% |
| UTI Ultra Short Duration Fund Direct-idcw Half Yearly |
₹3,997 | 0.71% | 1.76% | 6.41% | 7.30% | 7.01% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Mahindra Manulife Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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Mahindra Manulife Ultra Short Duration Fund Regular-growth
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₹213 | 0.67% | 1.76% | 3.05% | 5.99% | 6.85% |
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Mahindra Manulife Ultra Short Duration Fund Regular-idcw Daily
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₹213 | 0.67% | 1.76% | 3.05% | 5.99% | 6.85% |
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Mahindra Manulife Ultra Short Duration Fund Direct-idcw Daily
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₹213 | 0.71% | 1.87% | 3.26% | 6.44% | 7.30% |
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Mahindra Manulife Ultra Short Duration Fund Regular-idcw Weekly
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₹213 | 0.67% | 1.76% | 3.05% | 5.99% | 6.85% |
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Mahindra Manulife Ultra Short Duration Fund Direct-idcw Weekly
|
₹213 | 0.71% | 1.87% | 3.26% | 6.44% | 7.30% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Savings Regular-growth |
₹19,611 | ₹581.49 | 7.22% | 6.39% | 6.89% |
| Aditya Birla Sun Life Savings Direct-growth |
₹19,611 | ₹593.35 | 7.46% | 6.60% | 7.07% |
| Aditya Birla Sun Life Savings Regular-idcw Daily |
₹19,611 | ₹100.03 | 7.22% | 6.39% | 6.89% |
| Aditya Birla Sun Life Savings Direct-idcw Daily |
₹19,611 | ₹100.07 | 7.46% | 6.60% | 7.07% |
| Aditya Birla Sun Life Savings Regular-idcw Weekly |
₹19,611 | ₹100.52 | 7.22% | 6.39% | 6.89% |
| Aditya Birla Sun Life Savings Direct-idcw Weekly |
₹19,611 | ₹100.60 | 7.46% | 6.60% | 7.07% |
| HDFC Ultra Short Term Fund Direct-growth |
₹16,658 | ₹16.41 | 7.20% | 6.39% | - |
| HDFC Ultra Short Term Fund Regular-growth |
₹16,658 | ₹16.01 | 6.85% | 6.05% | - |
| HDFC Ultra Short Term Fund Regular-idcw Daily |
₹16,658 | ₹10.10 | 6.85% | 6.05% | - |
| HDFC Ultra Short Term Fund Direct-idcw Daily |
₹16,658 | ₹10.09 | 7.20% | 6.39% | - |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Small Industries Development Bank Of India Sr I 7.43 Bd 31au26 Fvrs1lac | Financial | 8.43% | ₹17.97 Cr |
| Canara Bank Cd 11nov26 | Financial | 8.16% | ₹17.40 Cr |
| Kotak Mahindra Bank Limited Cd 12feb27 | Financial | 6.67% | ₹14.22 Cr |
| Power Finance Corporation Ltd. Sr Bs233b 7.64 Bd 25ag26 Fvrs1lac | Financial | 6.32% | ₹13.48 Cr |
| Hdfc Bank Limited Cd 19nov26 | Financial | 5.66% | ₹12.06 Cr |
| Tata Capital Housing Finance Limited Sr A 7.8445 Ncd 18sp26 Fvrs1lac | Financial | 4.69% | ₹10.00 Cr |
| Godrej Properties Limited Sr A 8.15 Loa 03jl26 Fvrs1lac | Real Estate | 4.69% | ₹9.99 Cr |
| National Bank For Agriculture And Rural Development Sr 24a 7.5 Bd 31au26 Fvrs1lac | Financial | 4.68% | ₹9.99 Cr |
| Government Of India 36573 364 Days Tbill 02ot26 Fv Rs 100 | Financial | 4.60% | ₹9.81 Cr |
| Bank Of Baroda Cd 05mar27 | Financial | 4.43% | ₹9.44 Cr |
| Punjab National Bank Cd 05feb27 | Financial | 4.01% | ₹8.55 Cr |
| 360 One Prime Limited 9.50 Ncd 19ju26 Fvrs1lac | Financial | 3.52% | ₹7.50 Cr |
| Rec Limited Sr 230-a 7.71 Bd 26fb27 Fvrs1lac | Financial | 2.57% | ₹5.49 Cr |
| Piramal Housing Finance Limited 9.30 Ncd 07jn27 Fvrs1lac | Financial | 2.35% | ₹5.01 Cr |
| Embassy Office Parks Reit Sr Xi 7.96 Ncd 27sp27 Fvrs1lac | Real Estate | 2.34% | ₹5.00 Cr |
| Godrej Industries Limited Sr I 8.36 Ncd 28ag26 Fvrs1lac | Diversified | 2.34% | ₹5.00 Cr |
| Muthoot Finance Limited Op Ii 8.52 Ncd 26my28 Fvrs1lac | Financial | 2.34% | ₹4.99 Cr |
| Government Of India 36303 364 Days Tbill 06ag26 Fv Rs 100 | Financial | 2.32% | ₹4.95 Cr |
| Motilal Oswal Financial Services Limited 91d Cp 25aug26 | Financial | 2.30% | ₹4.90 Cr |
| 360 One Prime Limited 91d Cp 24aug26 | Financial | 2.30% | ₹4.90 Cr |
| Repo | Unspecified | 2.18% | ₹4.66 Cr |
| Net Receivables | Unspecified | 2.07% | ₹4.38 Cr |
| Tvs Credit Services Limited 9.40 Loa 10ju26 Fvrs10lac | Financial | 1.88% | ₹4.00 Cr |
| Bajaj Housing Finance Limited 7.98 Ncd 09sp26 Fvrs1lac | Financial | 1.87% | ₹4.00 Cr |
| Lic Housing Finance Limited Tr 417 Opt I 6.40 Loa 30nv26 Fvrs10lac | Financial | 1.86% | ₹3.97 Cr |
| Jm Financial Services Limited 365d Cp 22jan27 | Financial | 1.77% | ₹3.78 Cr |
| 360 One Prime Limited Rr Ncd 25jl28 Fvrs1lac | Financial | 1.17% | ₹2.50 Cr |
| National Bank For Agriculture And Rural Development Sr 25g 7.48 Bd 15sp28 Fvrs1lac | Financial | 1.16% | ₹2.48 Cr |
| Piramal Finance Limited 8.75 Ncd 29oct27 Fvrs1lac | Financial | 0.93% | ₹1.99 Cr |
| Others Class A2 Aif | Unspecified | 0.32% | ₹0.68 Cr |
| Others Cblo | Unspecified | 0.07% | ₹0.15 Cr |
Top Debt Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Nippon India Ultra Short Duration Fund Direct-growth |
₹4,736.20 | 7.56% | 7.37% | - |
| Nippon India Ultra Short Duration Fund Direct-idcw Daily |
₹1,114.15 | 7.56% | 7.37% | - |
| Nippon India Ultra Short Duration Fund Direct-idcw Monthly |
₹1,038.91 | 7.56% | 7.37% | - |
| Nippon India Ultra Short Duration Fund Direct-idcw Quarterly |
₹1,032.92 | 7.56% | 7.37% | - |
| Nippon India Ultra Short Duration Fund Direct-idcw Weekly |
₹1,093.27 | 7.56% | 7.37% | - |
| UTI Ultra Short Duration Fund Direct-flexi Idcw |
₹2,344.03 | 7.30% | 7.01% | - |
| UTI Ultra Short Duration Fund Direct-growth |
₹4,831.31 | 7.30% | 7.01% | - |
| UTI Ultra Short Duration Fund Direct-idcw Daily |
₹1,607.30 | 7.30% | 7.01% | - |
| UTI Ultra Short Duration Fund Direct-idcw Fortnightly |
₹1,332.67 | 7.30% | 7.01% | - |
| UTI Ultra Short Duration Fund Direct-idcw Half Yearly |
₹1,531.85 | 7.30% | 7.01% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Mahindra Manulife Ultra Short Duration Fund Direct-growth
What is the current AUM of Mahindra Manulife Ultra Short Duration Fund Direct-growth?
As of Sun May 31, 2026, Mahindra Manulife Ultra Short Duration Fund Direct-growth manages assets worth ₹213.2 crore
How has Mahindra Manulife Ultra Short Duration Fund Direct-growth performed recently?
- 3 Months: 1.87%
- 6 Months: 3.26%
What is the long-term performance of Mahindra Manulife Ultra Short Duration Fund Direct-growth?
- 3 Years CAGR: 7.30%
- 5 Years CAGR: 6.44%
- Since Inception: 6.24%
What is the portfolio composition of Mahindra Manulife Ultra Short Duration Fund Direct-growth?
Debt: 95.75%, Others: 4.25%.
Who manages Mahindra Manulife Ultra Short Duration Fund Direct-growth?
Mahindra Manulife Ultra Short Duration Fund Direct-growth is managed by Rahul Pal from Mahindra Manulife Mutual Fund.
Which are the top companies Mahindra Manulife Ultra Short Duration Fund Direct-growth has invested in?
- SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR I 7.43 BD 31AU26 FVRS1LAC – 8.43% of the fund's portfolio
- CANARA BANK CD 11NOV26 – 8.16% of the fund's portfolio
- KOTAK MAHINDRA BANK LIMITED CD 12FEB27 – 6.67% of the fund's portfolio
- POWER FINANCE CORPORATION LTD. SR BS233B 7.64 BD 25AG26 FVRS1LAC – 6.32% of the fund's portfolio
- HDFC BANK LIMITED CD 19NOV26 – 5.66% of the fund's portfolio
Which are the major sectors Mahindra Manulife Ultra Short Duration Fund Direct-growth focuses on?
- Financial – 85.99% of the fund's portfolio
- Real Estate – 7.03% of the fund's portfolio
- Unspecified – 4.64% of the fund's portfolio
- Diversified – 2.34% of the fund's portfolio
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