Mahindra Manulife Low Duration Fund
The Scheme seeks to provide reasonable returns commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments.
Growthvine rating: 1/5 — ranked #30 of 33 in category.
Fund basics
| Category | Debt: Low Duration |
|---|---|
| NAV | ₹1743.91 (as of 2026-08-21) |
| AUM | ₹541 Cr |
| Expense ratio | 0.94% |
| Riskometer | Moderate |
| Fund manager | Amit Garg |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.81% |
|---|---|
| Sharpe ratio | 1.25 |
| Standard deviation | 0.60% |
| Max drawdown | -1.02% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 89.6% of NIFTY Low Duration Debt Index's upside and 82.2% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.6% | Q2 | #13 of 27 |
| 2025 | 6.9% | Q4 (Bottom) | #20 of 22 |
| 2024 | 7.2% | Q4 (Bottom) | #17 of 20 |
| 2023 | 6.7% | Q4 (Bottom) | #16 of 20 |
| 2022 | 3.7% | Q4 (Bottom) | #17 of 17 |