GMP IPO Watch
Mahindra Manulife Ultra Short Term Fund
Regular Plan · Daily IDCW · Mahindra Manulife Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.10% | +0.13% | 22 of 27 |
| 1M | +0.16% | +0.27% | 21 of 27 |
| 3M | +0.69% | +0.94% | 19 of 26 |
| 6M | +1.45% | +2.24% | 20 of 26 |
| YTD | +1.51% | +3.56% | 20 of 27 |
| 1Y | +1.52% | +4.24% | 20 of 26 |
| 2Y | +3.12% | +4.73% | 19 of 25 |
| 3Y | +2.28% | +4.79% | 18 of 24 |
| 5Y | +2.11% | +4.44% | 17 of 23 |
| 7Y | +1.58% | +3.92% | 14 of 19 |
| INCEPTION | +1.58% | — | — |
Ranked among: Debt Scheme - Ultra Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.40% | +2.38% | -0.47% | 72% | 29% |
| 6M | +0.80% | +3.43% | -0.10% | 81% | 33% |
| 1Y | +1.62% | +5.38% | -0.11% | 90% | 36% |
| 2Y | +1.67% | +3.38% | +0.28% | 100% | 41% |
| 3Y | +1.60% | +2.29% | +1.07% | 100% | 41% |
| 5Y | +1.66% | +2.11% | +0.94% | 100% | 41% |
| 7Y | +1.58% | +1.58% | +1.57% | 100% | 41% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt94.77%
- Cash5.22%
- Other0.01%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Triparty Repo | Reverse Repo / TREPS | 18.54% | — |
| Small Industries Dev Bank of India 2027 ** | Money Market | 9.04% | +0.72% |
| Indian Bank 2027 | Money Market | 8.61% | — |
| 7.83% Indian Railway Finance Corporation Limited 2027 ** | Debt | 7.83% | +0.59% |
| 7.8% National Bank For Agriculture and Rural Development 2027 | Debt | 6.83% | +0.51% |
| 7.64% REC Limited 2027 ** | Debt | 6.82% | +0.51% |
| 8.30% Godrej Properties Limited 2027 ** | Debt | 5.86% | +0.43% |
| 7.95% Mindspace Business Parks REIT 2027 ** | Debt | 4.88% | +0.36% |
| 7.55% Power Finance Corporation Limited 2027 ** | Debt | 3.66% | — |
| CEAT Limited 2026 ** | Money Market | 3.60% | — |
| Reverse Repo | Reverse Repo / TREPS | 3.12% | — |
| 7.71% REC Limited 2027 ** | Debt | 2.68% | +0.20% |
| 9.12% Piramal Finance Limited 2027 ** | Debt | 2.45% | +0.19% |
| 9.3% Piramal Capital & Housing Finance Limited 2027 ** | Debt | 2.44% | +0.18% |
| 9.02% Muthoot Finance Limited 2027 | Debt | 2.44% | +0.18% |
View all 33 holdings
| 7.96% Embassy Office Parks REIT 2027 ** | Debt | 2.44% | +0.18% |
| 7.9% LIC Housing Finance Limited 2027 ** | Debt | 2.44% | — |
| 8.52% Muthoot Finance Limited 2028 | Debt | 2.42% | +0.17% |
| 91TB241226 | Money Market | 2.41% | — |
| Infina Finance Private Limited 2026 ** | Money Market | 2.41% | +0.19% |
| Nuvama Wealth And Investment Ltd 2026 ** | Money Market | 2.41% | +0.20% |
| Bank of Baroda 2027 ** | Money Market | 2.37% | +0.19% |
| 7.8350% LIC Housing Finance Limited 2027 ** | Debt | 1.95% | +0.15% |
| JM Financial Services Limited 2027 ** | Money Market | 1.90% | +0.15% |
| 9.2% 360 One Prime Limited 2028 (FRN) ** | Debt | 1.22% | +0.09% |
| 7.70% National Bank For Agriculture and Rural Development 2027 | Debt | 1.22% | — |
| Axis Bank Limited 2027 ** | Money Market | 1.19% | — |
| 8.75% Piramal Finance Limited 2027 ** | Debt | 0.98% | +0.08% |
| 8.95% 360 One Prime Limited 2027 ** | Debt | 0.97% | +0.07% |
| Nuvama Wealth And Investment Ltd 2026 ** | Money Market | 0.96% | — |
| Corporate Debt Market Development Fund Class A2 | Debt | 0.34% | +0.03% |
| Margin placed with CCIL & ARCL | Net Current Assets | 0.07% | — |
| Net Receivables / (Payables) | Net Current Assets | -16.51% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.25 | 0.63 | Low Volatility |
| 3Y | 0.32 | 0.55 | Low Volatility |
| 5Y | 0.28 | 0.53 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -9.24 | -14.14 | Above Average |
| 3Y | -3.95 | -8.30 | Above Average |
| 5Y | -4.88 | -6.32 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 13.22 | 27.57 | Below Average |
| 3Y | 28.87 | 53.32 | Below Average |
| 5Y | 21.37 | 39.63 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.21 | 1.23 | Good Risk Adjusted Returns |
| 3Y | 1.15 | 1.08 | Poor Risk Adjusted Returns |
| 5Y | 1.16 | 1.07 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset Ultra Short-Term Fund
Direct Plan · Growth
|
+6.55% | +7.35% | +6.75% | +6.20% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.31% | — | — | +7.07% |
|
Baroda BNP Paribas Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.24% | +6.95% | +6.51% | +6.30% |
|
HSBC Ultra Short Term Fund
Regular plan · Growth
|
+6.22% | +6.91% | +6.35% | +5.84% |
|
HDFC Ultra Short Term Fund
Direct Plan · Growth Option
|
+6.17% | +7.14% | +6.60% | +6.61% |
|
BANDHAN ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.13% | +6.88% | +6.31% | +6.22% |
|
Aditya Birla Sun Life Ultra Short Term Fund
Regular Plan · GROWTH
|
+6.12% | +7.16% | +6.59% | +7.65% |
|
SBI ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.10% | +6.88% | +6.31% | +7.12% |
|
Nippon India Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.04% | +6.72% | +6.21% | +5.77% |
|
Invesco India Ultra Short Term Fund
Regular Plan · Growth
|
+6.01% | +6.81% | +6.13% | +6.99% |
More From Mahindra Manulife Investment Management Pvt Ltd
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mahindra Manulife Small Cap Fund
Direct Plan · Growth
|
+10.43% | +18.42% | — | +23.90% |
|
Mahindra Manulife Multi Cap Fund
Direct Plan · Growth
|
+7.01% | +17.10% | +14.17% | +17.24% |
|
Mahindra Manulife Liquid Fund
Direct Plan · Daily IDCW
|
+6.54% | +6.85% | +5.54% | +2.65% |
|
Mahindra Manulife Multi Asset Allocation Fund
Direct Plan · Growth
|
+6.52% | — | — | +14.16% |
|
Mahindra Manulife Arbitrage Fund
Direct Plan · Growth
|
+6.13% | +6.38% | +5.88% | +5.46% |
|
Mahindra Manulife Ultra Short to Short Term Fund
Direct Plan · Daily IDCW
|
+6.01% | +4.78% | +4.15% | +2.58% |
|
Mahindra Manulife Manufacturing Fund
Direct Plan · Growth
|
+5.27% | — | — | +3.22% |
|
Mahindra Manulife Overnight Fund
Direct Plan · Daily IDCW
|
+5.25% | +6.00% | +7.29% | +5.14% |
|
Mahindra Manulife Short Term Fund
Direct Plan · Growth
|
+5.14% | +7.57% | +6.61% | +6.50% |
|
Mahindra Manulife Value Fund
Direct Plan · IDCW
|
+4.59% | — | — | +13.20% |
About This Scheme
Investment Objective
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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Stated Asset Allocation
Debt*and Money Market Instruments: 0%-100%, Units issued by REITs & InvITs: 0% - 10%, *Includes securitized debt up to 30% of the net assets of the Scheme and structured obligations (such as corporate / promoter guarantee, conditional and contingent liabilities, covenants, pledge and / or Non Disposal Undertaking of shares etc) upto 25% of the net assets of the Scheme Note: For detailed Asset Allocation please refer Scheme Information Document of the Scheme available on our website www.mahindramanulife.com
Exit Load
Nil
Fund Managers
FM-1 Mr. Rahul Pal FM-2 Mr. Amit Garg
FM- 1 Primary FM-2 Comanage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.