Mahindra Manulife Manufacturing Fund Direct Growth

Mahindra Manulife Manufacturing Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 11-12-2024

₹ 10.01

0.3%

1D

Inception Returns

0.1%

/yr

About Mahindra Manulife Manufacturing Fund Direct Growth

Mahindra Manulife Manufacturing Fund Direct Growth is an equity fund. This fund was started on 24 June, 2024. The fund is managed by Manish Lodha. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mahindra Manulife Manufacturing Fund Direct Growth has ₹885 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Mahindra Manulife Manufacturing Fund Direct Growth has given a CAGR return of 0.09% since inception.

Holdings

Mahindra Manulife Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Financial Services. Its top holdings are ITC Ltd, Mahindra & Mahindra Ltd, Deepak Fertilisers & Petrochemicals Corp Ltd, Kirloskar Brothers Ltd, Reliance Industries Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Mahindra Manulife Manufacturing Fund Direct Growth

The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in manufacturing theme. However, there is no assurance that the objective of the Scheme will be achieved.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
445 people have invested ₹ 15.6L in Mahindra Manulife Manufacturing Fund Direct Growth in the last three months

Mahindra Manulife Manufacturing Fund Direct Growth Overview

Expense ratio0.64%
Benchmark
S&P BSE India Manufacturing TR INR
AUM₹885 Cr
Inception Date24 June, 2024
Min Lumpsum/SIP₹1000/₹500
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
0%
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 (11-Dec-24)

Period
Mahindra Manulife Manufacturing Fund Direct Growth
Nifty 500
equity - other
1M
2.9%
3.4%
-
3M
-1.2%
-0.7%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 97.6%

  • Debt & Cash 2.4%

Large cap
50.3%

Small cap
37.3%

Mid cap
7.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Industrial
26%
Consumer Cyclical
24.3%
Basic Materials
17.1%
Energy
12.1%
Consumer Defensive
11.1%
Health
6.2%
Utilities
3.2%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
61
58
56
Top 5 Company Concentration
16%
16.6%
16.5%
Company having highest exposure
ITC Ltd (4.4%)
ITC Ltd (4.4%)
ITC Ltd (4.4%)
No of Sectors
7
7
7
Top 5 Sectors Concentration
90.6%
92.3%
92.2%
Sector having highest exposure
Industrial (26%)
Consumer Cyclical (26.4%)
Consumer Cyclical (26.8%)
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Manish Lodha
Manish Lodha
Fund Manager of Mahindra Manulife Manufacturing Fund Direct Growth, since 24 June 2024
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

Mahindra Manulife Manufacturing 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 returns of 0.09% since inception (24th June 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 97.61% in Equity, 0% in Debt and 2.39% in Cash related instruments
AUM size ₹885 Cr

AUM size ₹885 Cr

This fund has AUM of ₹885 Cr which is less than its category average of ₹ 2180 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 1.18%

Frequently Asked Questions for Mahindra Manulife Manufacturing Fund Direct Growth

The current NAV of Mahindra Manulife Manufacturing Fund Direct Growth is ₹10.01 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
Mahindra Manulife Manufacturing Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.86%
2.86%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
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.
0.64% as on November 2024
₹885 Cr as on November 2024
ITC Ltd(3.51%), Mahindra & Mahindra Ltd(3.51%), Deepak Fertilisers & Petrochemicals Corp Ltd(3.1%), Kirloskar Brothers Ltd(2.87%), Reliance Industries Ltd(2.68%) as on November 2024
Industrial(27.38%), Consumer Cyclical(22.76%), Basic Materials(16.84%) as on November 2024
The alpha ratio for the Mahindra Manulife Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mahindra Manulife Manufacturing Fund Direct Growth
-
-
-
As on November 2024
The alpha for Mahindra Manulife Manufacturing Fund Direct Growth is calculated against S&P BSE India Manufacturing 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 Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mahindra Manulife Manufacturing Fund Direct Growth
-
-
-
As on November 2024
The Beta for Mahindra Manulife Manufacturing Fund Direct Growth is calculated with S&P BSE India Manufacturing 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 Manufacturing 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 Manufacturing Fund Direct Growth
-
-
-
As on November 2024
The sharpe ratio for Mahindra Manulife Manufacturing Fund Direct Growth is calculated with S&P BSE India Manufacturing 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 Manufacturing 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 Manufacturing Fund Direct Growth
-
-
-
As on November 2024
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.
Manish Lodha is the fund manager of Mahindra Manulife Manufacturing Fund Direct Growth
The Exit load of Mahindra Manulife Manufacturing Fund Direct Growth is 0.5%