Mahindra Manulife Manufacturing Fund Direct Growth

Mahindra Manulife Manufacturing Fund Direct Growth

Equity

Mahindra Mutual Fund

Equity - Other

Get the latest NAV of Mahindra Manulife Manufacturing Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹11.19

▲0.3%1D

NAV as on 10 Aug 2026

5.45%/per year

Since Inception

Absolute Gain%

▲▼

166 people have invested ₹ 7.2L in Mahindra Manulife Manufacturing Fund in the last three months

Mahindra Manulife Manufacturing Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (10-Aug-26)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
3.71%
4.89%
8.07%
15.88%
--
--
Nifty 500
-0.12%
0.75%
1.22%
-1.9%
10.78%
10.92%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
0.92%
2.96%
--
--
--
--
Worst in Equity - Other
0.92%
2.96%
--
--
--
--

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mahindra Manulife Manufacturing Fund
-
677Cr
0.73%
15.88%
-
--
--
--
--
--
ICICI Prudential India Opportunities Fund
1/36
37,257Cr
0.6%
7.56%
16.91%
4.73
0.80
0.79
1.19
0.90
Aditya Birla Sun Life Special Opportunities Fund Dir
2/36
1,166Cr
0.95%
21.73%
20.87%
6.87
0.96
0.85
1.39
2.04
Sundaram Services Fund
3/36
4,934Cr
0.62%
10.44%
16.44%
6.34
1.00
0.63
0.99
1.21
See all

Mahindra Manulife Manufacturing Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

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Absolute Return
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Mahindra Manulife Manufacturing Fund Asset Allocation

See fund asset allocation details as on (14-Jul-26)

Fund Distribution

as on (14-Jul-26)

Large cap
40.6%
Small cap
39.5%
Mid cap
15.3%
Large Cap allocation has gone down from 46.5% to 40.6%
Large Cap allocation has gone down from 46.5% to 40.6%
Small Cap allocation has gone up from 33.4% to 39.5%
Small Cap allocation has gone up from 33.4% to 39.5%
Mid Cap allocation has gone up from 10.5% to 15.3%
Mid Cap allocation has gone up from 10.5% to 15.3%
Cash allocation has gone down from 8.3% to 4.6%
Cash allocation has gone down from 8.3% to 4.6%

Mahindra Manulife Manufacturing Fund Sector Allocation

See fund sector allocation details as on (14-Jul-26)

Sector Allocation

Industrial
33.7%
Consumer Cyclical
29.9%
Basic Materials
14.7%
Energy
8.3%
Health
7%
Consumer Defensive
3.2%
Utilities
3.1%

Top 3 Sectors in June were Consumer Cyclical, Industrial & Basic Materials

Jun'26

Consumer Cyclical

31%

Industrial

28%

Basic Materials

18%

May'26

Consumer Cyclical

32%

Industrial

27%

Basic Materials

23%

Mahindra Manulife Manufacturing Fund Holdings Details

as on (30-Jun-26)

Top Stocks bought last month
Aditya Vision Ltd's allocation increased from 1.05% to 2.1%
Aditya Vision Ltd's allocation increased from 1.05% to 2.1%
Samvardhana Motherson International Ltd's allocation increased from 2.01% to 2.45%
Samvardhana Motherson International Ltd's allocation increased from 2.01% to 2.45%
Hindalco Industries Ltd's allocation increased from 4.18% to 4.61%
Hindalco Industries Ltd's allocation increased from 4.18% to 4.61%
Top Stocks sold last month
Tata Steel Ltd's allocation decreased from 6.25 % to 6.24 %
Tata Steel Ltd's allocation decreased from 6.25 % to 6.24 %
Mahindra & Mahindra Ltd's allocation decreased from 5.1 % to 5.08 %
Mahindra & Mahindra Ltd's allocation decreased from 5.1 % to 5.08 %
Reliance Industries Ltd's allocation decreased from 5.11 % to 4.79 %
Reliance Industries Ltd's allocation decreased from 5.11 % to 4.79 %

Mahindra Manulife Manufacturing Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.73%
Benchmark
Nifty India Manufacturing TR INR
AUM₹677 Cr
Inception Date24 June, 2024
Min Lumpsum/SIP₹1,000/₹500
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
29.06%
Risk
Risk meter
pointer
Very High Risk

About Mahindra Manulife Manufacturing Fund

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

Key Parameters

  1. Mahindra Manulife Manufacturing Fund has ₹677 Cr worth of assets under management (AUM) as on Jul 2026 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

Mahindra Manulife Manufacturing Fund has given a CAGR return of 5.45% since inception. Over the last 1 year the fund has given a CAGR return of 15.88%.

Holdings

Mahindra Manulife Manufacturing Fund has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Basic Materials, Health, Energy, Utilities, Consumer Defensive, Financial Services. Its top holdings are Tata Steel Ltd, Reliance Industries Ltd, Mahindra & Mahindra Ltd, SPR Auto Technologies Ltd, Sun Pharmaceuticals 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 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 Manufacturing Fund

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 has no lock in period.

Fund Manager

Navin Matta

Fund Manager of Mahindra Manulife Manufacturing Fund, since 2 December 2025

Renjith Sivaram

Fund Manager of Mahindra Manulife Manufacturing Fund, since 24 June 2024

Learn more about Mahindra Mutual Fund
Parameters
Jun'26
May'26
Apr'26
AUM
₹ 665.4 Cr
₹ 665.4 Cr
₹ 675 Cr
  • AUM of the fund stands at 665.4 Cr as of Jun'26
  • AUM has remained same between Jun'26 and May'26

Frequently Asked Questions for Mahindra Manulife Manufacturing Fund Direct Growth

How do I invest in Mahindra Manulife Manufacturing Fund?

INDmoney makes it simple to invest in the Mahindra Manulife Manufacturing Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mahindra Manulife Manufacturing Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mahindra Manulife Manufacturing Fund?

The NAV of the fund today is ₹11.19. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mahindra Manulife Manufacturing Fund fund has generated a return of 15.88% in 1 year

Who is the fund manager of Mahindra Manulife Manufacturing Fund?

The fund managers are Navin Matta, Renjith Sivaram.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-3 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.73%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹677 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mahindra Manulife Manufacturing Fund?

The top 3 holdings of the fund are Tata Steel Ltd(4.96%), Reliance Industries Ltd(4.6%), Mahindra & Mahindra Ltd(4.4%)