Mahindra Manulife Ultra Short Term Fund (Direct)
Mahindra Manulife Mutual Fund · benchmark: the median Ultra Short Term fund · 7.1 years old · AMFI code 147731
Tax: Taxed at your income-tax slab rate on all gains, however long you hold (more than 65% of the fund is in debt).
B (middle of the peer group), score 57.3 out of 100. Describes the past, not a forecast.
Returns against the index
| Period | Fund | Index (TRI) | Difference | Rank in category |
|---|---|---|---|---|
| 6 months | 3.2% | 3.3% | -0.1% | 15 / 25 |
| 1 year | 6.5% | 6.4% | +0.1% | 10 / 25 |
| 3 years (a year) | 7.2% | 7.2% | +0.1% | 10 / 23 |
| 5 years (a year) | 6.7% | 6.6% | +0.1% | 10 / 22 |
Growth option, point to point to 6 Nov 2026; periods over a year are annualised (CAGR). Index returns use the total-return index, which includes dividends.
Risk
Portfolio
Holdings for this scheme are not available yet; its rating uses the track record only.
Common questions
What is the NAV of Mahindra Manulife Ultra Short Term Fund (Direct plan)?
₹1,535.18 on 6 Nov 2026 (Growth option).
What is the expense ratio of Mahindra Manulife Ultra Short Term Fund (Direct)?
0.31% a year; the Regular plan's is 0.73%.
What return has Mahindra Manulife Ultra Short Term Fund given over 3 years?
7.2% a year (Direct plan) over the 3 years to 6 Nov 2026, against 7.2% for the median Ultra Short Term fund.
How is Mahindra Manulife Ultra Short Term Fund rated?
B: 9 of 23 Direct plans in Ultra Short Term, on its track record. This describes the past and is not a recommendation.
Data as of 8 Nov 2026: NAVs from AMFI, index data from NSE Indices, portfolios from Mahindra Manulife Mutual Fund's monthly disclosure. Updated every weekday. Read the scheme documents before investing.