Mahindra Manulife Consumption Fund Direct Growth

Mahindra Manulife Consumption Fund Direct Growth

Equity

Direct

Equity - Consumption

NAV as on 12-03-2025

₹ 22.23

-0.1%

1D

Inception Returns

13.4%

/yr

About Mahindra Manulife Consumption Fund Direct Growth

Mahindra Manulife Consumption Fund Direct Growth is an equity fund. This fund was started on 16 November, 2018. The fund is managed by Fatema Pacha. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mahindra Manulife Consumption Fund Direct Growth has ₹413 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Mahindra Manulife Consumption Fund Direct Growth has given a CAGR return of 13.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.25%, 16.70% and 18.63% respectively.

Holdings

Mahindra Manulife Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Industrial, Basic Materials, Utilities, Health. Its top holdings are ITC Ltd, Bharti Airtel Ltd, Hindustan Unilever Ltd, Mahindra & Mahindra Ltd, Zomato Ltd

Taxation

As it is a equity - consumption mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mahindra Manulife Consumption Fund Direct Growth

The investment objective of the Scheme is to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit from consumption led demand in India.

Minimum Investment and lockin period

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

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
124 people have invested ₹ 5.9L in Mahindra Manulife Consumption Fund Direct Growth in the last three months

INDmoney Rank for Mahindra Manulife Consumption Fund Direct Growth

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IND ranking is not available for this fund.
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Beats FD returns for both 3Y & 5Y duration
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5Y returns in the bottom 25% of the category
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3Y returns in the bottom 25% of the category

Mahindra Manulife Consumption Fund Direct Growth Overview

Expense ratio0.64%
Benchmark
S&P BSE 500 India TR INR
AUM₹413 Cr
Inception Date16 November, 2018
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
98.11%
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 (12-Mar-25)

Period
Mahindra Manulife Consumption Fund Direct Growth
Nifty 500
equity - consumption
1M
-4.2%
-3.1%
-
3M
-13.5%
-12.9%
-
6M
-19.3%
-15.2%
-
1Y
4.3%
0.5%
-
3Y
16.7%
12.5%
-
5Y
18.6%
20.7%
-

Fund Distribution

as on (31-Jan-25)

  • Equity 93.5%

  • Debt & Cash 6.5%

Large cap
56.3%

Small cap
24.3%

Mid cap
12.7%

Sector Allocation

Jan'25

Dec'24

Nov'24

Consumer Cyclical
42.6%
Consumer Defensive
31.5%
Communication
10.3%
Industrial
7.7%
Basic Materials
3.6%
Utilities
2.3%
Health
2%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
-1.04%
-0.16%
Nifty 500
-2.02%
-0.60%
Parameters
Jan'25
Dec'24
Nov'24
AUM
₹ 434.8 Cr
₹ 439.9 Cr
₹ 423.3 Cr
  • AUM of the fund stands at 434.8 Cr as of Jan'25
  • AUM decreased by 5.1 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Zomato Ltd's allocation increased from 2.38% to 3.42%
Zomato Ltd's allocation increased from 2.38% to 3.42%
Maruti Suzuki India Ltd's allocation increased from 2.22% to 3.23%
Maruti Suzuki India Ltd's allocation increased from 2.22% to 3.23%
Varun Beverages Ltd's allocation increased from 1.02% to 2%
Varun Beverages Ltd's allocation increased from 1.02% to 2%
Top Stocks sold last month
ITC Ltd's allocation decreased from 6.73 % to 6.3 %
ITC Ltd's allocation decreased from 6.73 % to 6.3 %
Trent Ltd's allocation decreased from 4.15 % to 3.9 %
Trent Ltd's allocation decreased from 4.15 % to 3.9 %
Tata Power Co Ltd's allocation decreased from 2.32 % to 2.18 %
Tata Power Co Ltd's allocation decreased from 2.32 % to 2.18 %
Small Cap allocation has gone down from 26.1% to 25%
Small Cap allocation has gone down from 26.1% to 25%
Mid Cap allocation has gone up from 12.3% to 13.7%
Mid Cap allocation has gone up from 12.3% to 13.7%
Large Cap allocation has gone up from 54.5% to 55%
Large Cap allocation has gone up from 54.5% to 55%
Cash allocation has gone down from 4.5% to 4.3%
Cash allocation has gone down from 4.5% to 4.3%

Top 3 Sectors in January were Consumer Cyclical, Consumer Defensive & Communication

Jan'25
Consumer Cyclical
43%
Consumer Defensive
31%
Communication
10%
Dec'24
Consumer Cyclical
43%
Consumer Defensive
30%
Communication
9%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
Nestle India Ltd
Nestle India Ltd
2.6%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
55
55
53
Top 5 Company Concentration
26.7%
26.8%
27%
Company having highest exposure
ITC Ltd (6.3%)
ITC Ltd (6.7%)
Mahindra & Mahindra Ltd (6%)
No of Sectors
7
8
8
Top 5 Sectors Concentration
95.7%
95%
94.8%
Sector having highest exposure
Consumer Cyclical (42.6%)
Consumer Cyclical (43.3%)
Consumer Cyclical (40.2%)
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Fatema Pacha
Fatema Pacha
Fund Manager of Mahindra Manulife Consumption Fund Direct Growth, since 21 December 2020
Fund House
Mahindra Manulife Investment Management Pvt. Ltd.
Total AUM
₹28.47K Cr
as on 31-Jan-2025
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
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 0.64% which is lower than the category average expense ratio of 1.39%.
Insights icon
In the last 3 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 19.6% return, outperforming this fund by 2.91% per annum.
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In the last 5 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 25.28% return, outperforming this fund by 6.65% per annum.
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In the last 1 year, Kotak Consumption Fund Direct Growth has given 15.35% return, outperforming this fund by 11.09%.
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Over the last 6 months, this fund has experienced a 28.2% growth in AUM moving from 322.26 Cr to 413.03 Cr.

Mahindra Manulife Consumption 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 13.44% since inception which is more than its category average return of 7.59%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.55% in Equity, 0% in Debt and 6.45% in Cash related instruments
AUM size ₹413 Cr

AUM size ₹413 Cr

This fund has AUM of ₹413 Cr which is less than its category average of ₹ 1464 Cr
Expense Ratio 0.64%

Expense Ratio 0.64%

This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.33%

Frequently Asked Questions for Mahindra Manulife Consumption Fund Direct Growth

The current NAV of Mahindra Manulife Consumption Fund Direct Growth is ₹22.23 as on 12-Mar-2025.
Existing (Absolute + CAGR) as on 12-Mar-2025.
Mahindra Manulife Consumption Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.19%
-4.19%
6 Month Returns
-19.28%
-19.28%
1 Year Returns
4.25%
4.25%
3 Years Returns
58.92%
16.7%
5 Years Returns
134.99%
18.63%
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0.64% as on February 2025
₹413 Cr as on February 2025
ITC Ltd(5.85%), Bharti Airtel Ltd(5.36%), Hindustan Unilever Ltd(4.97%), Mahindra & Mahindra Ltd(4.67%), Zomato Ltd(3.63%) as on February 2025
Consumer Cyclical(38.04%), Consumer Defensive(29.02%), Communication(10.32%) as on February 2025
The alpha ratio for the Mahindra Manulife Consumption Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mahindra Manulife Consumption Fund Direct Growth
-2.91
1.01
-0.58
As on February 2025
The alpha for Mahindra Manulife Consumption Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mahindra Manulife Consumption Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mahindra Manulife Consumption Fund Direct Growth
0.96
0.89
0.98
As on February 2025
The Beta for Mahindra Manulife Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mahindra Manulife Consumption Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Mahindra Manulife Consumption Fund Direct Growth
-0.18
0.64
0.61
As on February 2025
The sharpe ratio for Mahindra Manulife Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mahindra Manulife Consumption Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Mahindra Manulife Consumption Fund Direct Growth
18.85
14.81
18.35
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.02 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Fatema Pacha is the fund manager of Mahindra Manulife Consumption Fund Direct Growth
The Exit load of Mahindra Manulife Consumption Fund Direct Growth is 1%