Nippon India Short Duration Fund vs Mahindra Manulife Short Duration Fund
Nippon India Short Duration Fund (Direct) and Mahindra Manulife Short Duration Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Short Duration Fund schemes — see the best short duration mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 25 Feb 2021 – 20 Aug 2026, limited by Mahindra Manulife Short Duration Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Nippon India Short Duration Fund | Mahindra Manulife Short Duration Fund |
|---|---|---|
| 25 Feb 2021 | ₹100.00 | ₹100.00 |
| 11 Aug 2021 | ₹103.57 | ₹102.84 |
| 25 Jan 2022 | ₹105.71 | ₹104.77 |
| 11 Jul 2022 | ₹106.61 | ₹105.55 |
| 24 Dec 2022 | ₹109.58 | ₹108.37 |
| 09 Jun 2023 | ₹113.75 | ₹112.40 |
| 23 Nov 2023 | ₹116.88 | ₹115.51 |
| 08 May 2024 | ₹121.21 | ₹119.90 |
| 22 Oct 2024 | ₹126.31 | ₹124.99 |
| 07 Apr 2025 | ₹131.84 | ₹130.39 |
| 20 Sep 2025 | ₹136.49 | ₹134.94 |
| 06 Mar 2026 | ₹140.40 | ₹138.39 |
| 20 Aug 2026 | ₹144.08 | ₹142.71 |
| Metric | Nippon India · Direct NAV ₹61.46 Low to Moderate risk ★★★★☆ | Mahindra Manulife · Direct NAV ₹14.27 Low to Moderate risk ★★★★☆ | Category median Short Duration Fund · 25 funds |
|---|---|---|---|
| +6.00% | +6.28%Best in row | +5.69% | |
| +7.83% | +7.90% | +7.57% | |
| +6.75% | +6.70% | +6.51% | |
| +7.39% | — | +7.14% | |
| +8.04%Best in row | +6.70% | +7.36% | |
| +7.41% | +7.46% | — | |
| +7.94%Best in row | +7.24% | +7.46% | |
| +7.79%Best in row | +6.65% | +7.32% | |
| +7.87% | — | +7.58% | |
| Risk | |||
| 0.97% | 0.95% | 0.96% | |
| 1.37 | 1.49Best in row | 1.11 | |
| 2.11 | 2.27Best in row | 1.72 | |
| -2.85% | -1.10%Best in row | -2.35% | |
| 0.39% | 0.33%Best in row | 0.37% | |
| ₹7,205Cr | ₹84.21Cr | ₹1,616Cr | |
| ₹100 | ₹500 | — | |
| ₹100 | ₹1.00K | — | |
| Vivek Sharma | Rahul Pal · 5.5y | — | |
| 02 Jan 2013 | 25 Feb 2021 | — | |
| 4.2% | 6.6% | — | |
10 rows carry the same value for every fund — show
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Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Nippon India Short Duration Fund or Mahindra Manulife Short Duration Fund?
Over the last 3 years, Mahindra Manulife Short Duration Fund returned +7.90% CAGR against Nippon India Short Duration Fund's +7.83%, computed from AMFI NAV history. Over 5 years: Nippon India Short Duration Fund +6.75% vs Mahindra Manulife Short Duration Fund +6.70% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Nippon India Short Duration Fund or Mahindra Manulife Short Duration Fund?
Mahindra Manulife Short Duration Fund has the lower expense ratio: Nippon India Short Duration Fund charges 0.39% a year against Mahindra Manulife Short Duration Fund's 0.33%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Nippon India Short Duration Fund or Mahindra Manulife Short Duration Fund?
Nippon India Short Duration Fund has shown higher volatility (+0.97% annualized vs Mahindra Manulife Short Duration Fund's +0.95%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Nippon India Short Duration Fund -0.57% vs Mahindra Manulife Short Duration Fund -0.44%.
Which fund manages more money — Nippon India Short Duration Fund or Mahindra Manulife Short Duration Fund?
Nippon India Short Duration Fund is the larger fund: Nippon India Short Duration Fund manages ₹7,205Cr against Mahindra Manulife Short Duration Fund's ₹84.21Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Nippon India Short Duration Fund and Mahindra Manulife Short Duration Fund in the same category?
Yes — both are Short Duration Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.