![Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth](https://www.mysiponline.com/img/AMCsLogo/MM.png)
![Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth](https://www.mysiponline.com/img/AMCsLogo/MM.png)
Mahindra Manulife Ultra Short Duration Fund - Investment Information
- Debt
- Ultra Short Duration
- Low to Moderate
-
₹1297.68
(0.2182%)
Current NAV 06-09-2024
-
7.14%
1Y Returns
-
Min. SIP ₹500
Min. Investment ₹1000
Investment Objective
The Scheme seeks 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.
Basic Details
Key Information About Investing Details.
- CategoryUltra Short Duration
- KRACAMS
- Inv. PlanGrowth
- Launched In05-Oct-19
- BenchmarkCRISIL Ultra Short Duration Fund BI Index
- Fund TypeOpen Ended
- Fund HouseMahindra Manulife Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size231.46 Cr.
- Min. Investment₹ 1000
- Min. Sip Inv.₹ 500
- Min. Addl Inv.₹ 1000
- Expense Ratio0.71%
- Turn over9.69%
- Exit LoadNil
Fund Managers
Details of Managers and their Experience
![Rahul Pal-manager-image](https://folio.mysiponline.com/app/manager_image/rahul-pal.jpg)
Fund Manage : 7
Total AUM. : ₹3,032 Cr.
![Amit Garg-manager-image](https://folio.mysiponline.com/app/manager_image/amit-garg.jpg)
Fund Manage : 3
Total AUM. : ₹775 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCMahindra Manulife Mutual Fund
- Emailmfinvestors@mahindra.com
- Office No022-66327900
- Websitehttps://www.mahindramanulife.com
- Address Unit No.204,2nd Floor,Amiti Building,Piramal Agastya Corp.Park LBS Road Kamani Junction,Kurla (W) Mumbai 400070
![test-img](https://www.mysiponline.com//images/overview-page/test-img.jpg)
Frequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.