Sharpe ratio
-0.37Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.55%1Y Absolute Return
-0.01%1D
Loading NAV history…
Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mahindra Manulife Ultra Short Duration Fund - Direct Plan -GrowthFund 5Y annualised return | ₹8,60,806 | ₹7,32,612 | ₹1,28,194 | +6.68% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age7.1 yrs
Fund information
Scheme code147731
ISININF174V01887
BenchmarkCRISIL Ultra Short Duration Debt A-I Index
CategoryDebt Scheme - Ultra Short Duration Fund
Expense ratio0.30%
Exit loadNil
Minimum SIP₹500 SIP
Return comparison
21st / 209 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.44% | — | — |
| 3M | +5.85% | — | — |
| 6M | +6.92% | — | — |
| 1Y | +6.55% | — | +2.44% |
| 3Y | +7.24% | — | +2.87% |
| 5Y | +6.68% | — | +2.76% |
| Since Launch | +6.27% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-1.28Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
0.43%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
12.58How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt94.26%
Cash5.74%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 28 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR I 7.43 BD 31AU26 FVRS1LAC | Financial | Debenture | 9.18% |
| CANARA BANK CD 11NOV26 | Financial | Certificate of Deposit | 8.95% |
| KOTAK MAHINDRA BANK LIMITED CD 12FEB27 | Financial | Certificate of Deposit | 7.34% |
| POWER FINANCE CORPORATION LTD. SR BS233B 7.64 BD 25AG26 FVRS1LAC | Financial | Non Convertible Debenture | 6.88% |
| HDFC BANK LIMITED CD 19NOV26 | Financial | Certificate of Deposit | 6.21% |
| TATA CAPITAL HOUSING FINANCE LIMITED SR A 7.8445 NCD 18SP26 FVRS1LAC | Financial | Bonds/NCDs | 5.11% |
| GODREJ PROPERTIES LIMITED SR A 8.15 LOA 03JL26 FVRS1LAC | Real Estate | Non Convertible Debenture | 5.09% |
| GOVERNMENT OF INDIA 36573 364 DAYS TBILL 02OT26 FV RS 100 | Financial | Treasury Bills | 5.03% |
| BANK OF BARODA CD 05MAR27 | Financial | Certificate of Deposit | 4.87% |
| PUNJAB NATIONAL BANK CD 05FEB27 | Financial | Certificate of Deposit | 4.41% |
Fund management
RA
Rahul Pal
Since 2019 · Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Mr. Pal is a B.Com (H) and Chartered Accountant.
AM
Amit Garg
Since 2020 · Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.
Mr Garg is a B.Com, MMS Finance, CFA
Compare similar funds
No comparable category funds are available yet.
Summary
A low to moderate-risk debt scheme - ultra short duration fund. Losses and swings stayed contained — worst fall -0.5%, volatility 0.4%. Top 10 holdings make up 63% — a handful of stocks can swing returns sharply.
Strengths
- Losses and swings stayed contained — worst fall -0.5%, volatility 0.4%.
- Recovered from its worst fall in 0 months.
- Same fund manager for 7+ years — the strategy has not chopped and changed.
- Ranks 21 of 209 in its category over 1 year.
Weaknesses
- Top 10 holdings make up 63% — a handful of stocks can swing returns sharply.
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its low to moderate risk level.
Risk drivers
- Top 10 holdings = 63% of the portfolio.
- Financial makes up 84% — trouble in that sector hits the whole fund.