Mahindra Manulife Multi Cap Fund

Mahindra Manulife Multi Cap Fund

Equity

Mahindra Mutual Fund

Multi-Cap

Get the latest NAV of Mahindra Manulife Multi Cap Fund. 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.

₹39.24

▲0.2%1D

NAV as on 17 Mar 2026

16.59%/per year

Since Inception

Absolute Gain%

▲▼

5314 people have invested ₹ 3.4Cr in Mahindra Manulife Multi Cap Fund in the last three months

Mahindra Manulife Multi Cap Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (17-Mar-26)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-7.57%
-6.03%
-5.96%
12.72%
20.48%
18%
Nifty 500
-9.13%
-8.96%
-8.76%
5.44%
14.05%
11.67%
Multi-Cap Avg
-8.27%
-8.88%
-9.38%
6.98%
17.58%
14.57%
Best in Multi-Cap
-4.65%
-6.28%
-3.39%
16.66%
22.49%
19.62%
Worst in Multi-Cap
-10.69%
-17.97%
-20.89%
-8.05%
11.51%
12.97%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

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 Multi Cap Fund
-
6,174Cr
0.53%
12.72%
20.48%
3.22
0.98
1.11
1.85
0.79
Kotak Multicap Fund
1/14
23,886Cr
0.45%
14.63%
23.16%
4.81
1.05
1.22
1.96
1.74
HSBC Multi Cap Fund
2/14
5,301Cr
0.61%
10.9%
21.99%
4.29
1.02
1.17
1.95
1.15
Axis Multicap Fund
3/14
9,361Cr
0.69%
7.81%
22.37%
4.59
0.93
1.22
2.02
1.12
See all
Positive: 5Y returns in the top 25% of the category
5Y returns in the top 25% of the category
Positive: 3Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: No bad points found for this fund.
No bad points found for this fund.

Mahindra Manulife Multi Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Profit

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Mahindra Manulife Multi Cap Fund Asset Allocation

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

Fund Distribution

as on (14-Mar-26)

Large cap
41.5%
Mid cap
27.3%
Small cap
25.1%
Mid Cap allocation has gone down from 27.6% to 27.3%
Mid Cap allocation has gone down from 27.6% to 27.3%
Large Cap allocation has gone up from 38.8% to 41.5%
Large Cap allocation has gone up from 38.8% to 41.5%
Small Cap allocation has gone down from 30.4% to 25.1%
Small Cap allocation has gone down from 30.4% to 25.1%
Cash allocation has gone up from 3.2% to 6.1%
Cash allocation has gone up from 3.2% to 6.1%

Mahindra Manulife Multi Cap Fund Sector Allocation

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

Sector Allocation

Financial Services
28.3%
Industrial
17%
Health
16.8%
Consumer Cyclical
12%
Basic Materials
8.7%
Tech
7%
Communication
3.5%
Energy
2.6%
Utilities
2.2%
Real Estate
1.5%
Consumer Defensive
0.5%

Top 3 Sectors in February were Financial Services, Industrial & Health

Feb'26

Financial Services

32%

Industrial

16%

Health

14%

Jan'26

Financial Services

35%

Industrial

15%

Health

14%

Mahindra Manulife Multi Cap Fund Holdings Details

as on (28-Feb-26)

Top Stocks bought last month
Larsen & Toubro Ltd's allocation increased from 1.36% to 3.01%
Larsen & Toubro Ltd's allocation increased from 1.36% to 3.01%
Multi Commodity Exchange of India Ltd's allocation increased from 1.4% to 2.24%
Multi Commodity Exchange of India Ltd's allocation increased from 1.4% to 2.24%
Ujjivan Small Finance Bank Ltd Ordinary Shares's allocation increased from 0.76% to 1.24%
Ujjivan Small Finance Bank Ltd Ordinary Shares's allocation increased from 0.76% to 1.24%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 3.82 % to 3.8 %
ICICI Bank Ltd's allocation decreased from 3.82 % to 3.8 %
Indus Towers Ltd Ordinary Shares's allocation decreased from 3.3 % to 3.26 %
Indus Towers Ltd Ordinary Shares's allocation decreased from 3.3 % to 3.26 %
UltraTech Cement Ltd's allocation decreased from 2.62 % to 2.57 %
UltraTech Cement Ltd's allocation decreased from 2.62 % to 2.57 %

Mahindra Manulife Multi Cap Fund Overview

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

Expense ratio0.53%
Benchmark
Nifty 500 Multicap 50:25:25 TR INR
AUM₹6174 Cr
Inception Date11 May, 2017
Min Lumpsum/SIP₹1,000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
124.39%
Risk
Risk meter
pointer
Very High Risk

About Mahindra Manulife Multi Cap Fund

Mahindra Manulife Multi Cap Fund is an equity fund. This fund was started on 11 May, 2017. The fund is managed by Vishal Jajoo, Fatema Pacha. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mahindra Manulife Multi Cap Fund has ₹6174 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mahindra Manulife Multi Cap Fund has given a CAGR return of 16.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.72%, 20.48% and 18.00% respectively.

Holdings

Mahindra Manulife Multi Cap Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Basic Materials, Consumer Cyclical, Communication, Tech, Energy, Consumer Defensive. Its top holdings are ICICI Bank Ltd, Glenmark Pharmaceuticals Ltd, Indus Towers Ltd Ordinary Shares, Larsen & Toubro Ltd, Divi's Laboratories Ltd

Taxation

As it is a multi-cap 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 Multi Cap Fund

The investment objective of the Scheme is to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality. The diversified portfolio would predominantly consist of equity and equity related securities including derivatives.

Minimum Investment and lockin period

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

Fund Manager

Vishal Jajoo

Fund Manager of Mahindra Manulife Multi Cap Fund, since 3 November 2025

Fatema Pacha

Fund Manager of Mahindra Manulife Multi Cap Fund, since 16 October 2020

Learn more about Mahindra Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 6.2K Cr
₹ 6K Cr
₹ 6.1K Cr
  • AUM of the fund stands at 6.2K Cr as of Feb'26
  • AUM increased by 128 Cr between Feb'26 and Jan'26

Compare Mahindra Manulife Multi Cap Fund

Mahindra Manulife Multi Cap Fund

VS

Nippon India Multi Cap Fund

Frequently Asked Questions for Mahindra Manulife Multi Cap Fund

How do I invest in Mahindra Manulife Multi Cap Fund?

INDmoney makes it simple to invest in the Mahindra Manulife Multi Cap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mahindra Manulife Multi Cap 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 Multi Cap Fund?

The NAV of the fund today is ₹39.24. 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 Multi Cap Fund fund has generated a return of 12.72% in 1 year, 20.48% in 3 years, 18.00% in 5 years.

Who is the fund manager of Mahindra Manulife Multi Cap Fund?

The fund managers are Vishal Jajoo, Fatema Pacha.

What is the exit load of the fund?

The exit load is 1% 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 0.53%. 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 ₹6174 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 Multi Cap Fund?

The top 3 holdings of the fund are ICICI Bank Ltd(3.8%), Glenmark Pharmaceuticals Ltd(3.42%), Indus Towers Ltd Ordinary Shares(3.26%)