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Mahindra Manulife Ultra Short Term Fund

Mutual 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. 1

    Repo

    18.5%
  2. 2

    Small Industries Dev Bank of India (04/02/2027) **

    9.0%
  3. 3

    INDIAN BANK CD 12JAN27

    8.6%
  4. 4

    Indian Railway Finance Corporation Ltd SR-118 Bonds 7.83 21/03/2027

    7.8%
  5. 5

    NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC

    6.8%
  6. 6

    REC LIMITED SR 231A 7.64 BD 30AP27 FVRS1LAC

    6.8%
  7. 7

    GODREJ PROPERTIES LIMITED SR I 8.30 LOA 19MR27 FVRS1LAC

    5.9%
  8. 8

    MINDSPACE BUSINESS PARKS REIT 7.95 NCD 27JL27 FVRS10LAC

    4.9%
  9. 9

    POWER FINANCE CORPORATION LIMITED SR 238 7.55 BD 15AP27 FVRS1LAC

    3.7%
  10. 10

    CEAT Limited 2026 **

    3.6%
Show all 33
  1. 11

    Reverse Repo

    3.1%
  2. 12

    REC LIMITED SR 230-A 7.71 BD 26FB27 FVRS1LAC

    2.7%
  3. 13

    PIRAMAL FINANCE LIMITED 9.12 NCD 06AG27 FVRS1LAC

    2.4%
  4. 14

    PIRAMAL HOUSING FINANCE LIMITED 9.30 NCD 07JN27 FVRS1LAC

    2.4%
  5. 15

    MUTHOOT FINANCE LIMITED 9.02 NCD 14JL27 FVRS1LAC

    2.4%
  6. 16

    EMBASSY OFFICE PARKS REIT SR XI 7.96 NCD 27SP27 FVRS1LAC

    2.4%
  7. 17

    7.90% LIC Housing Finance Ltd NCD 23-06-2027

    2.4%
  8. 18

    MUTHOOT FINANCE LIMITED OP II 8.52 NCD 26MY28 FVRS1LAC

    2.4%
  9. 19

    INFINA FINANCE PRIVATE LIMITED 364D CP 17NOV26

    2.4%
  10. 20

    NUVAMA WEALTH AND INVESTMENT LIMITED 91D CP 20NOV26

    2.4%
  11. 21

    91 DTB (24-DEC-2026)

    2.4%
  12. 22

    BANK OF BARODA CD 05MAR27

    2.4%
  13. 23

    LIC HOUSING FINANCE LTD TR 438 7.8350 NCD 11MY27 FVRS1LAC

    1.9%
  14. 24

    JM FINANCIAL SERVICES LIMITED 365D CP 22JAN27

    1.9%
  15. 25

    360 ONE PRIME LIMITED RR NCD 25JL28 FVRS1LAC

    1.2%
  16. 26

    NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25A 7.70 BD 30SP27 FVRS1LAC

    1.2%
  17. 27

    AXIS BANK LIMITED CD 14JAN27

    1.2%
  18. 28

    PIRAMAL FINANCE LIMITED 8.75 NCD 29OCT27 FVRS1LAC

    1.0%
  19. 29

    360 ONE PRIME LIMITED 8.95 NCD 04JU27 FVRS1LAC

    1.0%
  20. 30

    Nuvama Wealth And Investment Ltd 2026 **

    1.0%
  21. 31

    Others Class A2 AIF

    0.3%
  22. 32

    Cash Margin

    0.1%
  23. 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

  1. 29 September 2026New portfolio published: holdings as at 29 September 2026.
  2. 1 August 2026Fee moved between 0.30% and 0.31% a year (7 changes, 22 May – 1 Aug 2026).
  3. 16 May 2026Fee changed from 0.41% to 0.30% a year.
  4. 15 May 2026Fee changed from 0.30% to 0.41% a year.
  5. 30 April 2026Fee moved between 0.27% and 0.30% a year (6 changes, 15 Mar 2024 – 30 Apr 2026).
Show all 7
  1. 8 May 2023Fee changed from 0.35% to 0.29% a year.
  2. 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