Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Hybrid
Direct
Aggressive Allocation
Mahindra Manulife Aggressive Hybrid Fund Direct Growth

About the Fund

Mahindra Manulife Aggressive Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 23 July, 2019. The fund is managed by Rahul Pal, Manish Lodha, Fatema Pacha. This fund gives you the benefit of diversification.

Key Parameters

  1. Mahindra Manulife Aggressive Hybrid Fund Direct Growth has ₹1168 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mahindra Manulife Aggressive Hybrid Fund Direct Growth has given a CAGR return of 23.16% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 35.48% and 20.64% respectively.

Holdings

Mahindra Manulife Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Corporate, Government, Financial Services, Cash Equivalent, Industrial, Consumer Cyclical, Consumer Defensive, Tech, Basic Materials, Energy, Health, Utilities, Communication.

Taxation

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Mahindra Manulife Aggressive Hybrid Fund Direct Growth

The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Aggressive Hybrid Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
242 people have invested ₹ 14L in Mahindra Manulife Aggressive Hybrid Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.45%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹1168 Cr
Inception Date23 July, 2019
Min Lumpsum/SIP₹1000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
70%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 77.7%

  • Debt & Cash 22.3%

Large cap
55%

Small cap
14.6%

Mid cap
8.1%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
29.2%
Industrial
13.6%
Consumer Cyclical
13.5%
Consumer Defensive
10.5%
Tech
10.1%
Basic Materials
7.5%
Energy
6.8%
Health
4.6%
Utilities
3.1%
Communication
1.3%
All changes are between Oct'69 and Dec'69

Rahul Pal
Rahul Pal
Fund Manager of Mahindra Manulife Aggressive Hybrid Fund Direct Growth, since 23 July 2019
Manish Lodha
Manish Lodha
Fund Manager of Mahindra Manulife Aggressive Hybrid Fund Direct Growth, since 21 December 2020
Fatema Pacha
Fatema Pacha
Fund Manager of Mahindra Manulife Aggressive Hybrid Fund Direct Growth, since 16 October 2020

Mahindra Manulife Aggressive Hybrid Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 23.16% since inception which is more than its category average return of 13.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 77.75% in Equity, 19.17% in Debt and 3.08% in Cash related instruments
AUM size ₹1168 Cr

AUM size ₹1168 Cr

This fund has AUM of ₹1168 Cr which is less than its category average of ₹ 5434 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.49%

Frequently Asked Questions

The current NAV of Mahindra Manulife Aggressive Hybrid Fund Direct Growth is ₹28.3 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.82%
3.82%
6 Month Returns
18.99%
18.99%
1 Year Returns
35.48%
35.48%
3 Years Returns
75.59%
20.64%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.45% as on June 2024
₹1168 Cr as on June 2024
ICICI Bank Ltd(5.45%), HDFC Bank Ltd(4.89%), Reliance Industries Ltd(4.17%), State Bank of India(4.09%), Infosys Ltd(3.45%) as on June 2024
Financial Services(22.69%), Industrial(10.57%), Consumer Cyclical(10.48%) as on June 2024
AAA
57.97
AA
42.03
Rahul Pal, Manish Lodha, Fatema Pacha are the fund managers of Mahindra Manulife Aggressive Hybrid Fund Direct Growth
The Exit load of Mahindra Manulife Aggressive Hybrid Fund Direct Growth is 1%