Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Hybrid

Direct

Aggressive Allocation

NAV as on 06-12-2024

₹ 29.39

-0.1%

1D

Inception Returns

22.2%

/yr

About Mahindra Manulife Aggressive Hybrid Fund Direct Growth

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

Key Parameters

  1. Mahindra Manulife Aggressive Hybrid Fund Direct Growth has ₹1503 Cr worth of assets under management (AUM) as on Oct 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 22.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.61%, 19.83% and 22.14% respectively.

Holdings

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

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
547 people have invested ₹ 26.4L in Mahindra Manulife Aggressive Hybrid Fund Direct Growth in the last three months

Mahindra Manulife Aggressive Hybrid Fund Direct Growth Overview

Expense ratio0.48%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹1503 Cr
Inception Date23 July, 2019
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
93.3%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Dec-24)

Period
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Aggressive Allocation Index
1M
1.3%
1.3%
3M
0.4%
0.5%
6M
12%
9.9%
1Y
29.6%
24.3%
3Y
19.8%
16%
5Y
22.1%
17.7%

Fund Distribution

as on (31-Oct-24)

  • Equity 77.7%

  • Debt & Cash 22.3%

Large cap
53.9%

Mid cap
12.1%

Small cap
11.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
32%
Consumer Cyclical
15%
Industrial
13%
Tech
9.1%
Consumer Defensive
7.6%
Energy
6.5%
Basic Materials
5.6%
Health
5.2%
Utilities
3.3%
Communication
2.8%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.5K Cr
₹ 1.5K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.5K Cr as of Oct'24
  • AUM decreased by 22.4 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Government, Corporate & Financial Services

Oct'24
Corporate
42%
Government
42%
Financial Services
32%
Sep'24
Government
46%
Corporate
43%
Financial Services
28%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
82
79
73
Top 5 Company Concentration
23.5%
22%
22.4%
Company having highest exposure
HDFC Bank Ltd (6.4%)
HDFC Bank Ltd (6%)
HDFC Bank Ltd (5.9%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
143.9%
146.2%
138.1%
Sector having highest exposure
Corporate (42%)
Government (46.2%)
Government (42.1%)
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Amit Garg
Amit Garg
Fund Manager of Mahindra Manulife Aggressive Hybrid Fund Direct Growth, since 2 May 2024
Fatema Pacha
Fatema Pacha
Fund Manager of Mahindra Manulife Aggressive Hybrid Fund Direct Growth, since 16 October 2020
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
Fund House
Mahindra Manulife Investment Management Pvt. Ltd.
Total AUM
₹30.15K Cr
as on 31-Oct-2024
Address
1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Website
mfinvestors@mahindra.com

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 32.0% growth in AUM moving from 1.13K Cr to 1.50K Cr.
Insights icon
In the last 1 year, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 31.87% return, outperforming this fund by 2.27%.
Insights icon
This fund has one of the lowest expense ratio in the category (aggressive allocation). Its expense ratio is 0.48% which is lower than the category average expense ratio of 1.24%.
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In the last 5 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 28.59% return, outperforming this fund by 6.45% per annum.
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In the last 3 years, Bank of India Mid & Small Cap Equity & Debt Fund Direct Growth has given 21.62% return, outperforming this fund by 1.79% per annum.

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 22.23% since inception which is more than its category average return of 13.35%
Fund Allocations

Fund Allocations

This fund has an allocation of 77.71% in Equity, 19.3% in Debt and 2.99% in Cash related instruments
AUM size ₹1503 Cr

AUM size ₹1503 Cr

This fund has AUM of ₹1503 Cr which is less than its category average of ₹ 5682 Cr
Expense Ratio 0.48%

Expense Ratio 0.48%

This fund has an expense ratio of 0.48% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions for Mahindra Manulife Aggressive Hybrid Fund Direct Growth

The current NAV of Mahindra Manulife Aggressive Hybrid Fund Direct Growth is ₹29.39 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.32%
1.32%
6 Month Returns
11.99%
11.99%
1 Year Returns
29.61%
29.61%
3 Years Returns
72.08%
19.83%
5 Years Returns
171.79%
22.14%
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.
0.48% as on November 2024
₹1503 Cr as on November 2024
HDFC Bank Ltd(6.3%), ICICI Bank Ltd(6.21%), Infosys Ltd(3.91%), Reliance Industries Ltd(3.7%), State Bank of India(3.02%) as on November 2024
Financial Services(23.98%), Consumer Cyclical(11.58%), Industrial(10.24%) as on November 2024
AAA
57.44
AA
42.56
Amit Garg, Fatema Pacha, Rahul Pal, Manish Lodha 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%