Investment Objective and Approach

The investment objective of the Scheme is to generate income and capital appreciation through an actively managed diversified portfolio of Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years. This positioning makes it suitable for investors seeking steady returns over a short to medium-term investment horizon.

The fund follows an active investment approach, strategically investing in debt and money market instruments to optimize returns while maintaining portfolio duration between 1-3 years. Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

Key characteristics of the fund's approach:

- Duration Management: Maintains Macaulay duration between 1-3 years for optimal risk-return balance

- Diversified Portfolio: Invests across various debt and money market instruments

- Active Management: Employs professional fund management for security selection and portfolio optimization

- Income Generation: Focuses on generating regular income along with capital appreciation

Fund Manager

Rahul Pal is the Current Fund Manager of Mahindra Manulife Short Duration Fund Direct Growth fund. Mr. Pal is a B.Com (H) and Chartered Accountant. His professional background includes extensive experience in fixed income management.

Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund. He started his career with IDBI Bank as a Manager and then worked at Sundaram BNP Paribas Mutual Fund and Taurus Mutual Fund before moving to Mahindra Manulife Mutual Fund as the Chief Investment Officer - Fixed Income.

Mr. Pal's expertise in fixed income securities and debt fund management brings valuable experience to the fund's investment strategy and performance.

About the Fund House (AMC)

Mahindra Manulife Mutual Fund operates as a joint venture between two established financial institutions. Mahindra Manulife Investment Management Private Limited is a joint venture between Mahindra Finance and Manulife Investment Management, combining the former's strength in the domestic market and successful business-building track record with the latter's global wealth and asset management capabilities and experience in serving the needs of Asian consumers across different markets.

Key highlights of the AMC:

- AUM: According to the latest available financial data, Mahindra Manulife Mutual Funds has an AUM of over Rs 19091.98 crore (as on Mar 2024).

- Market Position: With an AUM of ₹12,581.74 crores as of September 2023, Mahindra Mutual Fund is one of the leading players in the Indian mutual fund industry, offering customers high-quality investment solutions that meet their diverse needs.

- Distribution Reach: The joint venture aims to offer a wide range of investment solutions across India, with a particular focus on semi-urban areas. The company also boasts a strong distribution network that allows it to reach a broad range of customers across the country.

The AMC combines Mahindra's domestic market expertise with Manulife's global asset management experience, creating a robust platform for investment management.

Should I Invest in Mahindra Manulife Short Duration Fund?

This fund may be suitable for investors with specific investment profiles and objectives:

Ideal for:

- Investors seeking regular income over 1-3 year investment horizon

- Conservative investors looking for better returns than bank fixed deposits

- Those requiring moderate liquidity with relatively stable returns

- Investors wanting professional debt portfolio management

Fund Characteristics:

- Launch Date: This scheme was made available to investors on 04 Feb 2016.

- AUM: The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 25 Aug 2025 is ₹13.43.

- Risk Profile: The Mahindra Manulife Short Duration Fund Direct Growth is rated Moderate risk.

- Performance: The 1-year, 3-year and 5-year returns of this fund were 7.85, 6.97 and 0.00 respectively.

Investment Considerations:

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses. Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

FAQs

What is today's NAV of Mahindra Manulife Short Duration Fund?

The latest NAV varies by plan. The Latest NAV as of 25 Aug 2025 is ₹13.43 for the Direct Growth plan. For current NAV, check the fund's official page.

What is the AUM of Mahindra Manulife Short Duration Fund?

The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr as of August 25, 2025.

What is the expense ratio of Mahindra Manulife Short Duration Fund?

The fund has an expense ratio of 1.25 for the Regular plan, which covers fund management and operational costs.

What are the returns of Mahindra Manulife Short Duration Fund since inception?

Mahindra Manulife Short Duration Fund Direct - Growth scheme return performance in last 1 year is 8.85%, in last 3 years is 26.08% and 34.32% since scheme launch.

What is the minimum SIP amount to invest in Mahindra Manulife Short Duration Fund?

The minimum investment required to start investing in Mahindra Manulife Short Duration Fund - Regular Plan is ₹1,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.

How do I invest in Mahindra Manulife Short Duration Fund?

You can invest through Allvest by completing your KYC, selecting the fund, choosing investment amount, and setting up payment through UPI, net banking, or other available modes.

How to start a SIP in Mahindra Manulife Short Duration Fund?

On Allvest platform, select the fund, choose "SIP" option, set your monthly investment amount (minimum ₹500), select date, and complete payment setup for automated investments.

How do I automate an SIP in Mahindra Manulife Short Duration Fund?

After setting up SIP on Allvest, create a bank mandate or UPI autopay to automatically debit the SIP amount on your chosen date each month.

How can I withdraw/redeem my investment in Mahindra Manulife Short Duration Fund?

You can redeem your investment through Allvest platform by selecting the fund, choosing "Redeem" option, entering the amount or units to redeem, and confirming the transaction.