Mahindra Manulife Ultra Short Duration Fund(G)

Ans. Go to the Rupeezy App Click on the Explore tab on the lower navigation bar. Select the category of funds, e.g., Equity - Large Cap or any other. View and compare all funds in the category on a Risk-Return graph. Select the fund you want to invest in. Choose Lumpsum or SIP. Select Investment Amount & make payment using UPI or Net Banking.

Ans. The Mahindra Manulife Ultra Short Duration Fund has an AUM of ₹204.72 Cr as on 3/18/2025. The scheme has delivered CAGR returns for the past 3 years against a category average of 6.23%. The risk is Moderately Low against the category average of 19.86.

Ans. Mutual fund taxation depends on the scheme type and investment holding period. Taxation on debt funds: Debt funds are those schemes that invest at least 65% of their corpus in SEBI-regulated debt instruments. For investments made after April 1, 2023, capital gains from debt funds are added to individual’s income and taxed at the relevant slab rate, irrespective of holding period.

Ans. There is no lock-in period applicable on Mahindra Manulife Ultra Short Duration Fund.

Ans. The expense ratio of Mahindra Manulife Ultra Short Duration Fund is 0.69%.