Mahindra Manulife Ultra Short Duration Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 9
Rating
Growth Option 04-12-2025
NAV ₹1411.12(R) +0.02% ₹1447.99(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.89% 7.01% 5.68% -% -%
Direct 7.34% 7.47% 6.13% -% -%
Benchmark
SIP (XIRR) Regular 6.5% 6.98% 5.76% -% -%
Direct 6.95% 7.43% 6.2% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
5.31 11.73 0.7 6.01% 0.17
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.24% 0.0% 0.0% 0.07 0.15%
Fund AUM As on: 30/06/2025 228 Cr
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Icici Prudential Ultra Short Term Fund 3
Baroda BNP Paribas Ultra Short Duration Fund 4
Hdfc Ultra Short Term Fund 5

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Weekly IDCW 1000.87
0.2200
0.0200%
Mahindra Manulife Ultra Short Duration Fund - Direct Plan - Weekly IDCW 1000.92
0.2500
0.0200%
Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Daily IDCW 1100.14
0.0000
0.0000%
Mahindra Manulife Ultra Short Duration Fund - Direct Plan - Daily IDCW 1203.57
0.3000
0.0200%
Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth 1411.12
0.3200
0.0200%
Mahindra Manulife Ultra Short Duration Fund - Direct Plan -Growth 1447.99
0.3600
0.0200%

Review Date: 04-12-2025

Beginning of Analysis

In the Ultra Short Duration Fund category, Mahindra Manulife Ultra Short Duration Fund is the 9th ranked fund. The category has total 23 funds. The Mahindra Manulife Ultra Short Duration Fund has shown a very good past performence in Ultra Short Duration Fund. The fund has a Jensen Alpha of 6.01% which is higher than the category average of 5.9%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 5.31 which is higher than the category average of 4.33.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Ultra Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with minimal interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 3 to 6 months, making them less sensitive to interest rate changes compared to longer-duration funds. While they offer stable returns with relatively lower risk, they may underperform in a falling interest rate environment. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help optimize risk-adjusted returns.

Mahindra Manulife Ultra Short Duration Fund Return Analysis

  • The fund has given a return of 0.5%, 1.54 and 3.19 in last one, three and six months respectively. In the same period the category average return was 0.5%, 1.56% and 3.19% respectively.
  • Mahindra Manulife Ultra Short Duration Fund has given a return of 7.34% in last one year. In the same period the Ultra Short Duration Fund category average return was 7.33%.
  • The fund has given a return of 7.47% in last three years and ranked 12.0th out of 23 funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.39%.
  • The fund has given a return of 6.13% in last five years and ranked 13th out of 21 funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.16%.
  • The fund has given a SIP return of 6.95% in last one year whereas category average SIP return is 6.97%. The fund one year return rank in the category is 13th in 23 funds
  • The fund has SIP return of 7.43% in last three years and ranks 13th in 23 funds. Aditya Birla Sun Life Savings Fund has given the highest SIP return (7.78%) in the category in last three years.
  • The fund has SIP return of 6.2% in last five years whereas category average SIP return is 6.17%.

Mahindra Manulife Ultra Short Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.24 and semi deviation of 0.15. The category average standard deviation is 0.25 and semi deviation is 0.15.
  • The fund has a beta of 0.11 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Ultra Short Duration Fund Category
  • Good Performance in Ultra Short Duration Fund Category
  • Poor Performance in Ultra Short Duration Fund Category
  • Very Poor Performance in Ultra Short Duration Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.46
    0.45
    		0.38 | 0.52 11 | 23 Good
    3M Return % 1.44
    1.43
    		1.21 | 1.62 11 | 23 Good
    6M Return % 2.97
    2.91
    		2.47 | 3.30 10 | 23 Good
    1Y Return % 6.89
    6.77
    		5.48 | 7.59 12 | 23 Good
    3Y Return % 7.01
    6.83
    		5.76 | 7.50 9 | 23 Good
    5Y Return % 5.68
    5.67
    		4.61 | 6.59 11 | 21 Good
    1Y SIP Return % 6.50
    6.40
    		5.28 | 7.23 11 | 23 Good
    3Y SIP Return % 6.98
    6.81
    		5.69 | 7.55 10 | 23 Good
    5Y SIP Return % 5.76
    5.67
    		4.59 | 6.26 11 | 21 Good
    Standard Deviation 0.24
    0.25
    		0.18 | 0.30 5 | 23 Very Good
    Semi Deviation 0.15
    0.15
    		0.13 | 0.17 12 | 23 Good
    Sharpe Ratio 5.31
    4.33
    		0.29 | 6.45 9 | 23 Good
    Sterling Ratio 0.70
    0.69
    		0.58 | 0.75 9 | 23 Good
    Sortino Ratio 11.73
    10.43
    		0.12 | 33.89 10 | 23 Good
    Jensen Alpha % 6.01
    5.90
    		4.88 | 6.40 11 | 23 Good
    Treynor Ratio 0.17
    0.17
    		0.01 | 0.24 13 | 23 Average
    Modigliani Square Measure % 22.12
    20.71
    		17.51 | 22.96 4 | 23 Very Good
    Alpha % -1.21
    -1.40
    		-2.40 | -0.76 9 | 23 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.50 0.50 0.46 | 0.54 11 | 23 Good
    3M Return % 1.54 1.56 1.41 | 1.69 13 | 23 Average
    6M Return % 3.19 3.19 2.99 | 3.42 12 | 23 Good
    1Y Return % 7.34 7.33 6.33 | 7.84 13 | 23 Average
    3Y Return % 7.47 7.39 6.47 | 7.73 12 | 23 Good
    5Y Return % 6.13 6.16 5.30 | 7.43 13 | 21 Average
    1Y SIP Return % 6.95 6.97 6.24 | 7.48 13 | 23 Average
    3Y SIP Return % 7.43 7.38 6.46 | 7.78 13 | 23 Average
    5Y SIP Return % 6.20 6.17 5.29 | 6.76 13 | 21 Average
    Standard Deviation 0.24 0.25 0.18 | 0.30 5 | 23 Very Good
    Semi Deviation 0.15 0.15 0.13 | 0.17 12 | 23 Good
    Sharpe Ratio 5.31 4.33 0.29 | 6.45 9 | 23 Good
    Sterling Ratio 0.70 0.69 0.58 | 0.75 9 | 23 Good
    Sortino Ratio 11.73 10.43 0.12 | 33.89 10 | 23 Good
    Jensen Alpha % 6.01 5.90 4.88 | 6.40 11 | 23 Good
    Treynor Ratio 0.17 0.17 0.01 | 0.24 13 | 23 Average
    Modigliani Square Measure % 22.12 20.71 17.51 | 22.96 4 | 23 Very Good
    Alpha % -1.21 -1.40 -2.40 | -0.76 9 | 23 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mahindra Manulife Ultra Short Duration Fund NAV Regular Growth Mahindra Manulife Ultra Short Duration Fund NAV Direct Growth
    04-12-2025 1411.1159 1447.9922
    03-12-2025 1410.9795 1447.8355
    02-12-2025 1410.8006 1447.6352
    01-12-2025 1410.601 1447.4138
    28-11-2025 1410.0713 1446.8204
    27-11-2025 1409.8166 1446.5425
    26-11-2025 1409.6023 1446.3059
    25-11-2025 1409.2994 1445.9783
    24-11-2025 1409.0144 1445.6692
    21-11-2025 1408.3948 1444.9836
    20-11-2025 1408.2193 1444.7869
    19-11-2025 1408.021 1444.5667
    18-11-2025 1407.8043 1444.3279
    17-11-2025 1407.5396 1444.0396
    14-11-2025 1406.9411 1443.3757
    13-11-2025 1406.7015 1443.1133
    12-11-2025 1406.5135 1442.9038
    11-11-2025 1406.2295 1442.5959
    10-11-2025 1405.941 1442.2835
    07-11-2025 1405.2876 1441.5635
    06-11-2025 1405.0168 1441.2691
    04-11-2025 1404.6268 1440.8359

    Fund Launch Date: 10/Oct/2019
    Fund Category: Ultra Short Duration Fund
    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.
    Fund Description: An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 6 months (Please refer to page 31 of SID)
    Fund Benchmark: CRISIL Ultra Short Term Debt Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.