Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Weekly IDCW

Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Weekly IDCW is a scheme launched by Mahindra Mutual Fund on October 17, 2019, and falls under the Ultra Short Duration fund category. It currently manages an AUM of Rs 211.72 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 0.69% for managing the portfolio.

• Investing Strategy:

  The investment objective of the Scheme is 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.

• Performance:

  Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Weekly IDCW trailing returns over different times are -0.13% (1 year), 0.02% (3 year) and -0.04% (5 year). The average annual return of this fund stands at -0.1%.