Mahindra Manulife Low Duration Fund - Direct Plan -Growth
As on 22 Nov 2024
Mahindra Manulife Low Duration Fund - Direct Plan -Growth
DebtNAV
₹ 1669.65
CAGR (3 Years)
6.55%
AUM (Cr)
₹ 578.79
Risk
Moderate Risk
About Mahindra Manulife Low Duration Fund - Direct Plan -Growth
Scheme is to provide reasonable returns, commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments.
Breakdown of this Fund
Debt Others
103.67%
Govt. Securities
22.44%
T Bills
25.59%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
1.28
Exit Load
1.00% - If redeemed/switched out within 365 days from the date of allotment. Nil...
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.