Mahindra Manulife Ultra Short Term Fund
Direct · Growth
· AMFI 147731
₹1,537.26
+6.6%over 1 year
Price of one unit (NAV) on 11 November 2026
NAV went from ₹1,442.60 on 11 November 2025 to ₹1,537.26 on 11 November 2026.
Past prices are not a forecast of anything.
Ask about this fund
Overview
- Kind of fund
- Ultra Short Duration
- Yearly fee
- 0.31%
- Since 30 September 2026
- Fund size
- ₹205 crore
- Started
- 17 October 2019
- Exit load
- None
- Compared against
- CRISIL Ultra Short Duration Debt A-I Index
- Plan
- Direct · Growth
- Holds
- 33 lines, no company shares
- 33 lines in all
- Holdings as at
- 29 September 2026
What does it hold?
Bonds and money market 94.8% · cash 5.2% · holdings as at 29 September 2026
- 1
Repo
18.5% - 2
Small Industries Dev Bank of India (04/02/2027) **
9.0% - 3
INDIAN BANK CD 12JAN27
8.6% - 4
Indian Railway Finance Corporation Ltd SR-118 Bonds 7.83 21/03/2027
7.8% - 5
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC
6.8% - 6
REC LIMITED SR 231A 7.64 BD 30AP27 FVRS1LAC
6.8% - 7
GODREJ PROPERTIES LIMITED SR I 8.30 LOA 19MR27 FVRS1LAC
5.9% - 8
MINDSPACE BUSINESS PARKS REIT 7.95 NCD 27JL27 FVRS10LAC
4.9% - 9
POWER FINANCE CORPORATION LIMITED SR 238 7.55 BD 15AP27 FVRS1LAC
3.7% - 10
CEAT Limited 2026 **
3.6%
Show all 33
- 11
Reverse Repo
3.1% - 12
REC LIMITED SR 230-A 7.71 BD 26FB27 FVRS1LAC
2.7% - 13
PIRAMAL FINANCE LIMITED 9.12 NCD 06AG27 FVRS1LAC
2.4% - 14
PIRAMAL HOUSING FINANCE LIMITED 9.30 NCD 07JN27 FVRS1LAC
2.4% - 15
MUTHOOT FINANCE LIMITED 9.02 NCD 14JL27 FVRS1LAC
2.4% - 16
EMBASSY OFFICE PARKS REIT SR XI 7.96 NCD 27SP27 FVRS1LAC
2.4% - 17
7.90% LIC Housing Finance Ltd NCD 23-06-2027
2.4% - 18
MUTHOOT FINANCE LIMITED OP II 8.52 NCD 26MY28 FVRS1LAC
2.4% - 19
INFINA FINANCE PRIVATE LIMITED 364D CP 17NOV26
2.4% - 20
NUVAMA WEALTH AND INVESTMENT LIMITED 91D CP 20NOV26
2.4% - 21
91 DTB (24-DEC-2026)
2.4% - 22
BANK OF BARODA CD 05MAR27
2.4% - 23
LIC HOUSING FINANCE LTD TR 438 7.8350 NCD 11MY27 FVRS1LAC
1.9% - 24
JM FINANCIAL SERVICES LIMITED 365D CP 22JAN27
1.9% - 25
360 ONE PRIME LIMITED RR NCD 25JL28 FVRS1LAC
1.2% - 26
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25A 7.70 BD 30SP27 FVRS1LAC
1.2% - 27
AXIS BANK LIMITED CD 14JAN27
1.2% - 28
PIRAMAL FINANCE LIMITED 8.75 NCD 29OCT27 FVRS1LAC
1.0% - 29
360 ONE PRIME LIMITED 8.95 NCD 04JU27 FVRS1LAC
1.0% - 30
Nuvama Wealth And Investment Ltd 2026 **
1.0% - 31
Others Class A2 AIF
0.3% - 32
Cash Margin
0.1% - 33
Net Payables
-16.5%
What does it cost?
0.31% a year: ₹31 on every ₹10,000 you hold.
The middle fee for Ultra Short Duration direct plans is 0.29%.
Exit load: None
How has it done?
- 1 year
- +6.6%
- 3 years, per year
- +7.2%
- 5 years, per year
- +6.7%
Worst fall so far: −0.5% (Mar 2020 to Mar 2020).
Against other Ultra Short Duration funds: out of 50 three-year stretches, it finished above the middle Ultra Short Duration fund in 36.
In Jan–Apr 2020 alone it fell 0.5%; the middle fund fell 0.9%.
Past prices are not a forecast of anything.
Events
- 29 September 2026New portfolio published: holdings as at 29 September 2026.
- 1 August 2026Fee moved between 0.30% and 0.31% a year (7 changes, 22 May – 1 Aug 2026).
- 16 May 2026Fee changed from 0.41% to 0.30% a year.
- 15 May 2026Fee changed from 0.30% to 0.41% a year.
- 30 April 2026Fee moved between 0.27% and 0.30% a year (6 changes, 15 Mar 2024 – 30 Apr 2026).
Show all 7
- 8 May 2023Fee changed from 0.35% to 0.29% a year.
- 13 November 2022Fee moved between 0.33% and 0.35% a year (3 changes, 17 Mar – 13 Nov 2022).
Sources and dates
- Holdings
- Groww's page for this fund, month-end 29 September 2026
- Prices
- AMFI via mfapi.in, to 11 November 2026
- Fee
- Groww, from 30 September 2026
- Company sizes
- SEBI's rank by full market value, 25 September 2026