Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl
Equity
Direct
Mid-Cap
NAV: ₹ 26.87 as on 25-04-2024
Fund Performance
About the Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl is an equity fund. This fund was started on 23 January, 2018. The fund is managed by Manish Lodha. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl has ₹2202 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl Overview
 | 0.48% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹2202 Cr |
 | 23 January, 2018 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 116% |
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl Distribution as on (31-Mar-24)
Size breakup
Mid cap
69.9%
Small cap
14.3%
Large cap
9%
Sector Allocation
Financial Services
23.2%
Industrial
18.9%
Basic Materials
13.9%
Consumer Cyclical
12.3%
Health
11.7%
Energy
5.8%
Tech
5.8%
Utilities
3.4%
Communication
3.3%
Real Estate
1%
Consumer Defensive
0.8%
Top Holdings of Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl as on (31-Mar-24)
Equity Holdings65
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Indian Bank | 3.07% | 27.5% | |
 Indus Towers Ltd Ordinary Shares | 3.04% | -17% | |
 Union Bank of India | 2.87% | 0% | |
 REC Ltd | 2.78% | -6.9% | |
 Lupin Ltd | 2.57% | 0% |
See all
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -3.41% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund underperformed Nifty Midcap 150 by 2.25% in Mar'24
AUM Change
- AUM of the fund stands at 2.2K Cr as of Mar'24
- AUM increased by 49 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Indus Towers Ltd | 22.8% |
 CG Power & Industrial Solutions Ltd | 0.6% |
Peer Analysis
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl Fund Manager
Manish Lodha
Fund Manager of Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl, since 21 December 2020
Top funds managed
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl 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 19.76% since inception which is more than its category average return of 19.06%
Fund Allocations
This fund has an allocation of 93.22% in Equity, 0% in Debt and 6.78% in Cash related instruments
AUM size ₹2202 Cr
This fund has AUM of ₹2202 Cr which is less than its category average of ₹ 7349 Cr
Expense Ratio 0.48%
This fund has an expense ratio of 0.48% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl is ₹26.87 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 7.99% | 7.99% |
6 Month Returns | 28.33% | 28.33% |
1 Year Returns | 61.2% | 61.2% |
3 Years Returns | 118.69% | 29.8% |
5 Years Returns | 221.89% | 26.34% |
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0.48% as on March 2024
₹2202 Cr as on March 2024
Indian Bank(3.07%), Indus Towers Ltd Ordinary Shares(3.04%), Union Bank of India(2.87%), REC Ltd(2.78%), Max Healthcare Institute Ltd Ordinary Shares(2.57%) as on March 2024
Financial Services(21.64%), Industrial(17.62%), Basic Materials(12.97%) as on March 2024
The alpha ratio for the Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | -1.07 | 0.64 | 3.72 |
As on March 2024
The alpha for Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | 1 | 0.98 | 0.83 |
As on March 2024
The Beta for Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl is calculated with S&P BSE Midcap 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 Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | 2.92 | 1.31 | 1 |
As on March 2024
The sharpe ratio for Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl is calculated with S&P BSE Midcap 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 Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl | 13.42 | 15.13 | 19 |
As on March 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.
Sortino ratio is 2.54 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.07 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Manish Lodha is the fund manager of Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl
The Exit load of Mahindra Manulife Mid Cap Fund Direct Reinvestment of Income Dis cum Cptl Wdrl is 1%