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Mahindra Manulife Manufacturing Fund Direct Growth

Mahindra Manulife Manufacturing Fund Direct Growth

Equity

Direct

Equity - Other

About the Fund

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

Key Parameters

Mahindra Manulife Manufacturing Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
The fund has an expense ratio 0.5.

Returns

Mahindra Manulife Manufacturing Fund Direct Growth has given a CAGR return of 0.89% since inception.

Holdings

Mahindra Manulife Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Basic Materials, Energy, Health, Utilities, Consumer Defensive. Its top holdings are Reliance Industries Ltd, Samvardhana Motherson International Ltd, Mahindra & Mahindra Ltd, Grasim Industries Ltd, NTPC 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.

Fund Performance

653 people have invested ₹ 1.2Cr in Mahindra Manulife Manufacturing Fund Direct Growth in the last three months

Fund Overview

Expense ratio	0.54%
Benchmark	S&P BSE India Manufacturing TR INR
AUM	₹0 Cr
Inception Date	24 June, 2024
Min Lumpsum/SIP	₹1000/₹500
Exit Load	0.5%
Lock In	No Lock-in
TurnOver	0%
Risk	Moderately High risk

Fund Distribution
as on (31-Dec-69)

Equity 44.6%
Debt & Cash 55.5%

Sector Allocation

Jun'24

May'24

as on (30-Jun-24)

Equity

Holdings	Weight%	1M Change
Reliance Industries Ltd	3.14%	0%
Samvardhana Motherson International Ltd	2.79%	0%
Mahindra & Mahindra Ltd	2.77%	0%
Grasim Industries Ltd	2.06%	0%
NTPC Ltd	2.03%	0%

See all

Returns %
Fund Ratios
Overview

Funds	1Y Returns	3Y Returns	5Y Returns	Since Inception
Mahindra Manulife Manufacturing Fund Direct Growth	-	-	-	0.9%
Aditya Birla Sun Life PSU Equity Fund Direct Growth	87.1%	43%	-	34.6%
Invesco India PSU Equity Fund Direct Plan Growth	86.8%	41.2%	33.3%	19.3%
Nippon India Power & Infra Fund - Direct Plan - Growth	73%	38.7%	31.8%	17.8%

See all

Returns for the month of Dec

Gainers
Losers

Top Growth Drivers	1M Return
Grasim Industries Ltd	12.2%
Samvardhana Motherson International Ltd	2.4%
PTC Industries Ltd	0.9%

Mahindra Manulife Manufacturing Fund Direct Growth Highlights

Moderately High risk

Investors understand that their principal will be at Moderately High risk

About the fund

This fund has delivered returns of 0.89% since inception (24nd Jun 2024)

Fund Allocations

This fund has an allocation of 44.55% in Equity, 0% in Debt and 55.45% in Cash related instruments

Expense Ratio 0.54%

This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of Mahindra Manulife Manufacturing Fund Direct Growth is ₹10.12 as on 25-Jul-2024.

Existing (Absolute + CAGR) as on 25-Jul-2024.

Mahindra Manulife Manufacturing Fund Direct Growth	Absolute Returns	CAGR Returns
1 Month Returns	0.89%	0.89%
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.

0.54% as on June 2024

Reliance Industries Ltd(3.14%), Samvardhana Motherson International Ltd(2.79%), Mahindra & Mahindra Ltd(2.77%), Grasim Industries Ltd(2.06%), NTPC Ltd(2.03%) as on June 2024

Consumer Cyclical(14.57%), Industrial(9.81%), Basic Materials(8%) as on June 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 June 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 June 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 June 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 June 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.

The Exit load of Mahindra Manulife Manufacturing Fund Direct Growth is 0.5%

Mahindra Manulife Manufacturing Fund Direct Growth