Mahindra Manulife Ultra Short Duration Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Fund House : Mahindra Manulife Mutual Fund

No of Debt Holding 26 (Category Avg - 63.84) | Modified Duration 0.41 Years (Category Avg - 0.41)| Yield to Maturity 6.54% (Category Avg - 6.41%)

Portfolio Summary (as on 31st Oct,2025)

Security Type	% Weight	Category Average
GOI	2.36%	3.13%
CD	9.22%	33.23%
T-Bills	4.66%	7.37%
CP	6.92%	9.20%
NCD & Bonds	71.39%	39.42%
PTC	0.00%	1.02%

Category - Ultra Short Duration Fund

Security Type	% Weight	Category Average
Government Backed	7.02%	10.50%
Low Risk	87.53%	82.86%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Category - Ultra Short Duration Fund

Debt holding in Portfolio (as on 31st Oct,2025)

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	180.77	8.54%	18.00 L
Bond - Indian Bank	CD	Public sector bank	P1+	CRISIL	145.38	6.87%	15.00 L
Bond - Godrej Industries Ltd	NCD & Bonds	Animal feed	AA+	CRISIL	100.63	4.75%	10.00 L
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	100.61	4.75%	10.00 L
Bond - Godrej Properties Ltd.	NCD & Bonds	Residential, commercial projects	LAA+	ICRA	100.55	4.75%	10.00 L
Bond - ICICI Home Finance Company Ltd.	NCD & Bonds	Housing finance company	LAAA	ICRA	100.52	4.75%	10.00 L
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	100.39	4.74%	10.00 L
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	100.35	4.74%	10.00 L
Bond - Shriram Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	100.19	4.73%	10.00 L
Bond - Nexus Select Trust	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	100.15	4.73%	10.00 L
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	AAA	CRISIL	99.91	4.72%	10.00 L
Bond - JM Financial Services Pvt. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	98.54	4.65%	10.00 L
Bond - Embassy Office Parks Reit	NCD & Bonds	Real estate investment trusts (reits)	AAA	CRISIL	50.87	2.40%	5.00 L
Bond - Tata Capital Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	50.46	2.38%	5.00 L
Bond - Godrej Industries Ltd	NCD & Bonds	Animal feed	AA+	CRISIL	50.39	2.38%	5.00 L
Bond - Shriram Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA+	CRISIL	50.39	2.38%	5.00 L
Bond - 360 One Prime Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AA	CRISIL	50.12	2.37%	5.00 L
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	50.10	2.37%	5.00 L
Bond - Cholamandalam Investment & Finance Co. Ltd.	NCD & Bonds	Non banking financial company (nbfc)	LAA+	ICRA	50.05	2.36%	5.00 L
Bond - Rural Electrification Corporation Limited	NCD & Bonds	Financial institution	LAAA	ICRA	50.05	2.36%	5.00 L
Bond - Govt of India	GOI	Other			50.04	2.36%	5.00 L
Bond - Punjab National Bank	CD	Public sector bank	P1+	CRISIL	49.72	2.35%	5.00 L
Bond - T-Bill	T-Bills	Other			49.76	2.35%	5.00 L
Bond - T-Bill	T-Bills	Other			48.93	2.31%	5.00 L
Bond - Cholamandalam Investment & Finance Co. Ltd.	CP	Non banking financial company (nbfc)	P1+	CRISIL	48.16	2.27%	5.00 L
Bond - Bajaj Housing Finance Ltd.	NCD & Bonds	Housing finance company	AAA	CRISIL	25.12	1.19%	2.50 L