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Mahindra Manulife Ultra Short Duration Fund - Direct Plan - Daily IDCW
Open Ended Schemes(Debt Scheme - Ultra Short Duration Fund)Low to Moderate Risk★★★★★vs CRISIL Ultra Short Duration Debt A-I Index
NAV · 06-Jul-2026
₹1251.4035
1M
+0.93%
6M
+3.48%
1Y (CAGR)
+6.59%
3Y (CAGR)
+4.80%
5Y (CAGR)
+4.44%
Since inception (CAGR)
+3.39%
NAV history
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Risk & SIP analytics
Q2 · 3Y in categoryVolatility (3y)
0.36%
Downside dev (3y)
0.15%
Max drawdown (3y)
-0.1%
Sharpe (3y)
-4.72
SIP XIRR (3y)
+5.85%
SIP XIRR (5y)
+5.25%
Calendar-year returns
2020 +0.5%2021 +0.9%2022 +3.2%2023 +5.9%2024 +2.0%2025 +6.8%
Fund facts
AUM₹2,132 Cr
Expense ratio0.26% · 2026-05-31
TER · AMFI officialDirect 0.31% · Regular 0.73% (2026-06-30)
Launch date10-Oct-2019
Plan typeOpen Ended · Debt
Min lumpsum₹1,000
Min SIP₹500
Lock-inNone
Volatility0.39
AMCMahindra Manulife Investment Management Pvt Ltd
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.
scheme documents ↗