Mahindra Manulife Low Duration Fund - Regular Plan - Growth

Mahindra Manulife Low Duration Fund - Regular Plan - Growth is a scheme launched by Mahindra Mutual Fund on February 15, 2017, and falls under the Low Duration fund category. It currently manages an AUM of Rs 635.27 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 1000. It charges an expense ratio of 1.09% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Mahindra Manulife Low Duration Fund - Regular Plan - Growth trailing returns over different times are 7.34% (1 year), 6.85% (3 year) and 5.45% (5 year). The average annual return of this fund stands at 5.12%.