Mahindra Manulife Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 12-03-2025
₹ 22.23
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
- 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.
- 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 benefitDividends 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
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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
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
Mahindra Manulife Consumption Fund Direct Growth Overview
| Expense ratio | 0.64% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹413 Cr |
| Inception Date | 16 November, 2018 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 98.11% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (12-Mar-25)
Fund Distribution
as on (31-Jan-25)
Large cap
56.3%
Small cap
24.3%
Mid cap
12.7%
Sector Allocation
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
- 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%
Maruti Suzuki India Ltd's allocation increased from 2.22% to 3.23%
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 %
Trent Ltd's allocation decreased from 4.15 % to 3.9 %
Tata Power Co Ltd's allocation decreased from 2.32 % to 2.18 %
Small Cap allocation has gone down from 26.1% to 25%
Mid Cap allocation has gone up from 12.3% to 13.7%
Large Cap allocation has gone up from 54.5% to 55%
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%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ITC Ltd | 5.85% | 0% | |
 Bharti Airtel Ltd | 5.36% | 0% | |
 Hindustan Unilever Ltd | 4.97% | 0% | |
 Mahindra & Mahindra Ltd | 4.67% | 0% | |
 Zomato Ltd | 3.63% | 79% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Nestle India Ltd | 2.6% |
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Fatema Pacha
Fund Manager of Mahindra Manulife Consumption Fund Direct Growth, since 21 December 2020
Top funds managed
Fund House
Mahindra Manulife Investment Management Pvt. Ltd.
Total Schemes
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
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%.
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.
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.
In the last 1 year, Kotak Consumption Fund Direct Growth has given 15.35% return, outperforming this fund by 11.09%.
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
Very High Risk
Investors understand that their principal will be at Very High Risk
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
This fund has an allocation of 93.55% in Equity, 0% in Debt and 6.45% in Cash related instruments
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%
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% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
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%