Question 1

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

Accepted Answer

Funds similar to Mahindra Manulife Short Duration Fund Direct-Growth in the Debt: Short Duration category include ICICI Prudential Short Term Fund Direct Plan-Growth, HDFC Short Term Debt Fund Direct Plan-Growth, and Kotak Bond Short Term 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 Short Duration Fund Direct-Growth in its category?

Accepted Answer

On a 3-year return basis Mahindra Manulife Short Duration Fund Direct-Growth is ranked 2 out of 25 funds in the Debt: Short Duration category as of 16 Jul 2026. On a 5-year return basis it ranks 8 out of 22. 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 Short Duration Fund Direct-Growth's expense ratio compare to similar funds?

Accepted Answer

Mahindra Manulife Short Duration Fund Direct-Growth has an expense ratio of 0.33%. The peers ICICI Prudential Short Term Fund Direct Plan-Growth has an expense ratio of 0.45% and HDFC Short Term Debt Fund Direct Plan-Growth has 0.39%. 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 Short Duration Fund Direct-Growth's AUM compare to similar funds?

Accepted Answer

Mahindra Manulife Short Duration Fund Direct-Growth has an AUM of ₹83.87 crore. The peers ICICI Prudential Short Term Fund Direct Plan-Growth has an AUM of ₹19,174.7 crore and HDFC Short Term Debt Fund Direct Plan-Growth has ₹15,008.3 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: Short Duration?

Accepted Answer

The top performing fund in the Debt: Short Duration category on a 3-year basis is ICICI Prudential Short Term Fund Direct Plan-Growth with a CAGR of 7.99% as of 16 Jul 2026. Mahindra Manulife Short Duration Fund Direct-Growth has delivered 7.90% CAGR over the same period, ranking 2 out of 25 funds. You can view and compare the full category ranking on sharpely.

Question 6

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

Accepted Answer

On a risk-adjusted basis, Mahindra Manulife Short Duration Fund Direct-Growth has a Sharpe ratio of 1.52 compared to the Debt: Short Duration average of 1.18 as of 16 Jul 2026. It ranks 2 out of 25 funds in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	+6.26%	5.50%	2 / 26
3Y Return	+7.90%	7.49%	2 / 25
5Y Return	+6.76%	6.81%	8 / 22
10Y Return	—	7.13%	—

Mahindra Manulife Short Duration Fund Direct-Growth

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