Mahindra Manulife Ultra Short Term Fund Direct-Growth
Debt: Ultra Short Term - Growth (Open ended) Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Ultra Short TermBenchmark: CRISIL Ultra Short Duration Debt A-I IndexCheck Portfolio Overlap →
NAV: ₹1,523.24+0.07%
07 Sept 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Mahindra Manulife Ultra Short Term Fund Direct-Growth.
Historical Asset Allocation
| Asset | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 |
|---|---|---|---|---|---|---|
| Equity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Debt | 90.72% | 92.31% | 94.26% | 95.75% | 94.25% | 94.46% |
| Others (incl. cash) | 9.28% | 7.69% | 5.74% | 4.25% | 5.75% | 5.54% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
28
Top Holding %
9.28%
Top 5 Holdings %
39.17%
Top 10 Holdings %
64.43%
Modified Duration
0.46 yrs
Avg. Maturity
0.50 yrs
Yield to Maturity
7.06%
AUM
₹222 Cr
Expense Ratio
0.31%
Since Inception
6.29%
Max Drawdown
-0.00%
Sharpe Ratio
3.34
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Financial | 19,00,000 | 18.46 | 8.32% | - |
| Canara Bank | Financial | 18,00,000 | 17.78 | 8.01% | -0.61%↓ |
| Indian Railway Finance Corporation Ltd. | Financial | 16,00,000 | 16.07 | 7.24% | - |
| National Bank For Agriculture & Rural Development | Financial | 14,00,000 | 14.03 | 6.32% | -0.53%↓ |
| REC Ltd. | Financial | 14,00,000 | 14.01 | 6.31% | - |
| Godrej Properties Ltd. | Construction | 12,00,000 | 12.04 | 5.43% | -0.45%↓ |
| Mindspace Business Parks REIT | Construction | 10,00,000 | 10.04 | 4.52% | 2.07%↑ |
| Tata Capital Housing Finance Ltd. | Financial | 10,00,000 | 10 | 4.51% | -0.38%↓ |
| Reserve Bank of India | Financial | 10,00,000 | 9.96 | 4.49% | -0.35%↓ |
| LIC Housing Finance Ltd. | Financial | 8,50,000 | 8.49 | 3.82% | 1.87%↑ |
| Power Finance Corporation Ltd. | Financial | 7,50,000 | 7.5 | 3.38% | - |
| REC Ltd. | Financial | 5,50,000 | 5.51 | 2.48% | -0.21%↓ |
| Piramal Finance Ltd. | Financial | 5,00,000 | 5.02 | 2.26% | -0.20%↓ |
| Piramal Finance Ltd. | Financial | 5,00,000 | 5.02 | 2.26% | -0.19%↓ |
| Muthoot Finance Ltd. | Financial | 5,00,000 | 5.02 | 2.26% | -0.19%↓ |
| Embassy Office Parks REIT | Construction | 5,00,000 | 5.01 | 2.26% | -0.19%↓ |
| Muthoot Finance Ltd. | Financial | 5,00,000 | 4.99 | 2.25% | -0.19%↓ |
| Infina Finance Pvt. Ltd. | Financial | 5,00,000 | 4.92 | 2.22% | -0.17%↓ |
| Nuvama Wealth and Investment Limited | Financial | 5,00,000 | 4.91 | 2.21% | - |
| Bank Of Baroda | Financial | 5,00,000 | 4.83 | 2.18% | -2.51%↓ |
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Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| AAA | 43.78% | 13.14% |
| A1+ | 24.68% | 43.99% |
| AA+ | 15.36% | 4.35% |
| Cash & Call Money | 9.35% | 14.15% |
| SOV | 4.49% | 11.04% |
| AA | 2.03% | 2.77% |
| Others | 0.31% | 1.03% |
| A | - | 0.01% |
| A+ | - | 0.01% |
| AA- | - | 0.59% |
| BBB | - | 1.64% |
| Cash | - | -0.09% |
| D | - | 1.10% |
| Term Deposits | - | 0.01% |
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 04/02/2027 | CRISIL A1+ | 8.32% |
| Canara Bank | Certificate of Deposit | 0.00% | 11/11/2026 | CRISIL A1+ | 8.01% |
| Indian Railway Finance Corporation Ltd. | Bonds | 7.83% | 21/03/2027 | CRISIL AAA | 7.24% |
| National Bank For Agriculture & Rural Development | Debenture | 7.80% | 15/03/2027 | ICRA AAA | 6.32% |
| REC Ltd. | Non Convertible Debenture | 7.64% | 30/04/2027 | ICRA AAA | 6.31% |
| Godrej Properties Ltd. | Debenture | 8.30% | 19/03/2027 | ICRA AA+ | 5.43% |
| Mindspace Business Parks REIT | Bonds | 7.95% | 27/07/2027 | CRISIL AAA | 4.52% |
| Tata Capital Housing Finance Ltd. | Bonds/NCDs | 7.84% | 18/09/2026 | CRISIL AAA | 4.51% |
| Reserve Bank of India | Treasury Bills | 0.00% | 364-D 02/10/2026 | SOV | 4.49% |
| LIC Housing Finance Ltd. | Debenture | 6.40% | 30/11/2026 | CRISIL AAA | 3.82% |
| Power Finance Corporation Ltd. | Debenture | 7.70% | 15/09/2026 | CRISIL AAA | 3.38% |
| REC Ltd. | Bonds | 7.71% | 26/02/2027 | CRISIL AAA | 2.48% |
| Piramal Finance Ltd. | Debenture | 9.12% | 06/08/2027 | CARE AA+ | 2.26% |
| Muthoot Finance Ltd. | Debenture | 9.02% | 14/07/2027 | CRISIL AA+ | 2.26% |
| Piramal Finance Ltd. | Debenture | 9.30% | 07/01/2027 | ICRA AA+ | 2.26% |
| Embassy Office Parks REIT | Non Convertible Debenture | 7.96% | 27/09/2027 | CRISIL AAA | 2.26% |
| Muthoot Finance Ltd. | Debenture | 8.52% | 26/05/2028 | CRISIL AA+ | 2.25% |
| Infina Finance Pvt. Ltd. | Commercial Paper | 0.00% | 364-D 17/11/2026 | CRISIL A1+ | 2.22% |
| Nuvama Wealth and Investment Limited | Commercial Paper | 0.00% | 91-D 20/11/2026 | CRISIL A1+ | 2.21% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 05/03/2027 | CARE A1+ | 2.18% |
| LIC Housing Finance Ltd. | Debenture | 7.84% | 11/05/2027 | CRISIL AAA | 1.80% |
| JM Financial Services Pvt. Ltd. | Commercial Paper | 0.00% | 365-D 22/01/2027 | CRISIL A1+ | 1.75% |
| 360 ONE Wealth Ltd. | Debenture | 0.00% | 25/07/2028 | ICRA AA | 1.13% |
| National Bank For Agriculture & Rural Development | Bonds | 7.48% | 15/09/2028 | CRISIL AAA | 1.12% |
| 360 ONE Wealth Ltd. | Non Convertible Debenture | 8.95% | 04/06/2027 | ICRA AA | 0.90% |
| Piramal Finance Pvt. Ltd. | Bonds/NCDs | 8.75% | 29/10/2027 | ICRA AA+ | 0.90% |
| Others | CBLO | 0.00% | 0 | - | 0.07% |
Frequently Asked Questions
What are the top holdings of Mahindra Manulife Ultra Short Term Fund Direct-Growth?
The top holdings of Mahindra Manulife Ultra Short Term Fund Direct-Growth as of 31 Aug 2026 are Others (9.28%), Small Industries Devp. Bank of India Ltd. (8.32%), Canara Bank (8.01%), Indian Railway Finance Corporation Ltd. (7.24%), National Bank For Agriculture & Rural Development (6.32%). These top 5 stocks together account for 39.17% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does Mahindra Manulife Ultra Short Term Fund Direct-Growth hold in its portfolio?
Mahindra Manulife Ultra Short Term Fund Direct-Growth holds 28 stocks in its portfolio as of 31 Aug 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.
What is the sector allocation of Mahindra Manulife Ultra Short Term Fund Direct-Growth?
The sector allocation of Mahindra Manulife Ultra Short Term Fund Direct-Growth is shown in the Sector Allocation section above.
What is the equity and debt allocation of Mahindra Manulife Ultra Short Term Fund Direct-Growth?
As of 31 Aug 2026, Mahindra Manulife Ultra Short Term Fund Direct-Growth has 0.00% allocated to equity, and 90.72% to debt. You can also check the historical trends above.
What is the market cap allocation of Mahindra Manulife Ultra Short Term Fund Direct-Growth?
The market cap allocation of Mahindra Manulife Ultra Short Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the PE ratio of Mahindra Manulife Ultra Short Term Fund Direct-Growth's portfolio?
The portfolio PE ratio of Mahindra Manulife Ultra Short Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the credit quality of Mahindra Manulife Ultra Short Term Fund Direct-Growth?
As of 31 Aug 2026, Mahindra Manulife Ultra Short Term Fund Direct-Growth's debt portfolio has 43.78% in AAA-rated instruments, 2.03% in AA-rated, and 4.49% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.
When is the latest portfolio disclosure for Mahindra Manulife Ultra Short Term Fund Direct-Growth?
The latest portfolio disclosure for Mahindra Manulife Ultra Short Term Fund Direct-Growth is as of 31 Aug 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.