Question 1

Which funds are similar to Mahindra Manulife Low Duration Fund Direct-Growth?

Accepted Answer

Funds similar to Mahindra Manulife Low Duration Fund Direct-Growth in the Debt: Low Duration category include ICICI Prudential Savings Fund Direct Plan-Growth, HDFC Low Duration Fund Direct-Growth, and SBI Low Duration Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

Question 2

What is the rank of Mahindra Manulife Low Duration Fund Direct-Growth in its category?

Accepted Answer

On a 3-year return basis Mahindra Manulife Low Duration Fund Direct-Growth is ranked 5 out of 20 funds in the Debt: Low Duration category as of 16 Jul 2026. On a 5-year return basis it ranks 10 out of 20. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.

Question 3

How does Mahindra Manulife Low Duration Fund Direct-Growth's expense ratio compare to similar funds?

Accepted Answer

Mahindra Manulife Low Duration Fund Direct-Growth has an expense ratio of 0.34%. The peers ICICI Prudential Savings Fund Direct Plan-Growth has an expense ratio of 0.42% and HDFC Low Duration Fund Direct-Growth has 0.46%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

Question 4

How does Mahindra Manulife Low Duration Fund Direct-Growth's AUM compare to similar funds?

Accepted Answer

Mahindra Manulife Low Duration Fund Direct-Growth has an AUM of ₹561.32 crore. The peers ICICI Prudential Savings Fund Direct Plan-Growth has an AUM of ₹22,339.1 crore and HDFC Low Duration Fund Direct-Growth has ₹18,242.4 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Question 5

Which fund has the best 3-year returns in the Debt: Low Duration?

Accepted Answer

The top performing fund in the Debt: Low Duration category on a 3-year basis is HSBC Low Duration Fund Direct-Growth with a CAGR of 7.95% as of 16 Jul 2026. Mahindra Manulife Low Duration Fund Direct-Growth has delivered 7.53% CAGR over the same period, ranking 5 out of 20 funds. You can view and compare the full category ranking on sharpely.

Question 6

How does Mahindra Manulife Low Duration Fund Direct-Growth rank in risk-adjusted returns vs peers?

Accepted Answer

On a risk-adjusted basis, Mahindra Manulife Low Duration Fund Direct-Growth has a Sharpe ratio of 2.60 compared to the Debt: Low Duration average of 2.19 as of 16 Jul 2026. It ranks 1 out of 20 funds in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	+6.44%	6.21%	2 / 24
3Y Return	+7.53%	7.41%	5 / 20
5Y Return	+6.61%	6.66%	10 / 20
10Y Return	—	6.80%	—

Mahindra Manulife Low Duration Fund Direct-Growth

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