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The generalized nonlinear Schrödinger equation with M-truncated derivatives (GNLSE-MTD) is studied here. By using generalized Riccati equation and mapping methods, new elliptic, hyperbolic, trigonometric, and rational solutions are discovered. Because the GNLSE is widely employed in communication, heat pulse propagation in materials, optical fiber communication systems, and nonlinear optical phenomena, the resulting solutions may be used to analyze a wide variety of important physical phenomena. The dynamic behaviors of the various derived solutions are interpreted using 3-D and 2-D graphs to explain the affects of M-truncated derivatives. We can deduce that the surface shifts to the left when the order of M-truncated derivatives decreases. [ABSTRACT FROM AUTHOR]