Should I invest in Mahindra Manulife Low Duration Fund?

We don't give personal investment advice. Mahindra Manulife Low Duration Fund - Direct Plan -Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.4%. 5-year CAGR: 6.44%.

Mahindra Manulife

Mahindra Manulife Low Duration Fund - Direct Plan -Growth

Latest NAV

₹1,852.1939

As of

3 Jun 2026

2,246 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.01%	+0.04%	-0.03	26 / 27	Q4
1W	+0.19%	-6.69%	+6.88	25 / 29	Q4
2W	+0.27%	-3.38%	+3.65	2 / 28	Q1
1M	+0.23%	-3.36%	+3.59	9 / 28	Q2
3M	+1.26%	-2.48%	+3.74	3 / 28	Q1
6M	+2.58%	-1.41%	+3.99	3 / 26	Q1
YTD	+2.17%	-1.76%	+3.93	3 / 26	Q1
1Y	+6.01%	+2.16%	+3.85	3 / 26	Q1
2Y	+7.27%	+7.51%	-0.24	4 / 22	Q1
3Y	+7.37%	+7.30%	+0.07	6 / 22	Q2
4Y	+7.22%	+7.15%	+0.06	6 / 21	Q2
5Y	+6.44%	+6.52%	-0.08	10 / 19	Q3
7Y	+6.55%	+6.80%	-0.25	13 / 19	Q3
10Y	—	—	—	—	—
Inception	+6.84%	+6.75%	+0.10	19 / 27	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.17%	+2.03%	+0.14	2 / 24
2025	+7.70%	+7.72%	-0.02	10 / 21
2024	+7.96%	+7.84%	+0.12	5 / 21
2023	+7.50%	+2.49%	+5.01	7 / 22
2022	+4.54%	+4.67%	-0.12	14 / 20
2021	+3.95%	+4.92%	-0.96	10 / 19
2020	+7.18%	+8.39%	-1.21	15 / 19
2019	+8.76%	+6.00%	+2.77	7 / 19
2018	+7.48%	+7.58%	-0.10	11 / 18
2017	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+6.89%

102 windows

min 3.4% · max 9.4%

100% positive

3-Year rolling

+6.65%

77 windows

min 5.0% · max 8.0%

100% positive

5-Year rolling

+6.38%

53 windows

min 6.2% · max 6.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+6.77%

29 windows

min 6.6% · max 7.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.52%

3-year · annualised

Sharpe ratio

1.27

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.23%

May 2026 → May 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Low Duration Fund

Scheme	Fund house	NAV	As of
HDFC Low Duration Fund - Direct Plan - Growth	HDFC	₹66.0831	3 Jun 2026
Nippon India Low Duration Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹2,435.0222	3 Jun 2026
SBI LOW DURATION FUND - DIRECT PLAN - GROWTH	SBI	₹3,823.4491	3 Jun 2026
ICICI Prudential Savings Fund - Direct Plan - Growth	ICICI Prudential	₹582.0493	3 Jun 2026
Invesco India Low Duration Fund - Direct Plan - Growth	Invesco	₹4,151.8993	3 Jun 2026
BANDHAN Low Duration Fund-Direct Plan-Growth	Bandhan	₹41.6070	3 Jun 2026
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹766.7485	3 Jun 2026
Franklin India Low Duration Fund-Direct-Growth	Franklin India	₹10.9204	3 Jun 2026
Mirae Asset Low Duration Fund - Direct Plan - Growth	Mirae Asset	₹2,594.0785	3 Jun 2026
Kotak Low Duration Fund- Direct Plan- Growth Option	Kotak	₹3,846.2911	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,852.1939
2 Jun 2026	₹1,852.0343
1 Jun 2026	₹1,851.4611
29 May 2026	₹1,850.4140
27 May 2026	₹1,848.6141
26 May 2026	₹1,847.9910
25 May 2026	₹1,848.0439
22 May 2026	₹1,846.3326
21 May 2026	₹1,845.6748
20 May 2026	₹1,847.1176

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mahindra Manulife Low Duration Fund - Direct Plan -Growth is ₹1,852.1939. It's a Low Duration Fund from Mahindra Manulife, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Low Duration Fund - Direct Plan -Growth has NAV history starting from 16 Feb 2017, a track record of about 9 years 3 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mahindra Manulife Low Duration Fund - Direct Plan -Growth is managed by Mahindra Manulife. It's classified by AMFI under the 'Low Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mahindra Manulife Low Duration Fund - Direct Plan -Growth has delivered a absolute return of 6.01% — +3.85 pp ahead of the Low Duration Fund category average of 2.16%. The fund ranks #3 of 26 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Mahindra Manulife Low Duration Fund - Direct Plan -Growth has delivered a CAGR of 7.37% — +0.07 pp ahead of the Low Duration Fund category average of 7.30%. The fund ranks #6 of 22 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mahindra Manulife Low Duration Fund - Direct Plan -Growth has delivered a CAGR of 6.44% — -0.08 pp behind the Low Duration Fund category average of 6.52%. The fund ranks #10 of 19 in its category — the third (Q3) quartile.

₹1 lakh invested in Mahindra Manulife Low Duration Fund - Direct Plan -Growth exactly 5 years ago would be worth approximately ₹136,638 today — a multiplier of 1.37×, based on the 5-year CAGR of 6.44%. The category average over the same window would have grown ₹1 lakh to ₹137,133.

A ₹10,000 monthly SIP in Mahindra Manulife Low Duration Fund - Direct Plan -Growth over the last 5 years — total invested ₹600,000 — would be worth ₹716,228 today. That's an XIRR (money-weighted annualised return) of 7.01%.

Mahindra Manulife Low Duration Fund - Direct Plan -Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,064,882 — XIRR 6.67%.

On a 5-year basis, Mahindra Manulife Low Duration Fund - Direct Plan -Growth ranks #10 out of 19 funds in the Low Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 6.52%; this fund delivered 6.44%.

The worst peak-to-trough decline Mahindra Manulife Low Duration Fund - Direct Plan -Growth has experienced over the last 5-year window is 0.36% — its NAV fell from a high on 02 May 2022 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mahindra Manulife Low Duration Fund - Direct Plan -Growth averaged 6.38% (best 6.82%, worst 6.19%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.36 — negative risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Low Duration Fund - Direct Plan -Growth returned 7.70% — lagging the Low Duration Fund category average of 7.72% by 0.02 pp. It ranked #10 of 21 in its category that year.

Mahindra Manulife Low Duration Fund - Direct Plan -Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Mahindra Manulife Low Duration Fund - Direct Plan -Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.4%. 5-year CAGR: 6.44%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mahindra Manulife Low Duration Fund - Direct Plan -Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Low Duration Fund

Recent NAVs

Frequently asked questions

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