Mahindra Manulife Multi Cap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 03-10-2024
₹ 41.51
Inception Returns
21.6%
/yr
About the Fund
Mahindra Manulife Multi Cap Fund Direct Growth is an equity fund. This fund was started on 11 May, 2017. The fund is managed by Fatema Pacha, Manish Lodha. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mahindra Manulife Multi Cap Fund Direct Growth has ₹4686 Cr worth of assets under management (AUM) as on Aug 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Mahindra Manulife Multi Cap Fund Direct Growth has given a CAGR return of 21.56% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 48.11%, 24.07% and 29.87% respectively.
Holdings
Mahindra Manulife Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Energy, Basic Materials, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, Tata Consultancy Services Ltd, Aurobindo Pharma Ltd, Indus Towers Ltd Ordinary Shares
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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Mahindra Manulife Multi Cap Fund Direct Growth
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. However, there can be no assurance that the investment 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 Multi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
5836 people have invested ₹ 5.4Cr in Mahindra Manulife Multi Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.4% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹4686 Cr |
| Inception Date | 11 May, 2017 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 116.41% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (03-Oct-24)
Fund Distribution
as on (31-Aug-24)
Large cap
41.8%
Small cap
28.9%
Mid cap
26.2%
Sector Allocation
Financial Services
18%
Industrial
16%
Consumer Cyclical
11.8%
Tech
11.6%
Energy
10.4%
Basic Materials
10.2%
Consumer Defensive
8.1%
Health
6.3%
Utilities
3.4%
Communication
3.2%
Real Estate
1%
All changes are between Jun'24 and Aug'24
- This fund’s returns stands at 2.53% whereas the fund’s underlying benchmark Nifty 500 returns stands at 0.97% as on Aug'24
- This fund outperformed Nifty 500 by 1.56% in Aug'24
- AUM of the fund stands at 4.7K Cr as of Aug'24
- AUM increased by 269.7 Cr between Aug'24 and Jul'24
Top Stocks bought last month
PCBL Ltd's allocation increased from 0.4% to 2.23%
Aurobindo Pharma Ltd's allocation increased from 2.57% to 3.41%
Persistent Systems Ltd's allocation increased from 1.56% to 2.28%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 5.76 % to 5.5 %
Reliance Industries Ltd's allocation decreased from 4.6 % to 4.35 %
Tata Consultancy Services Ltd's allocation decreased from 3.59 % to 3.52 %
Mid Cap allocation has gone up from 25.7% to 26.2%
Large Cap allocation has gone up from 41.8% to 41.8%
Small Cap allocation has gone up from 25.5% to 28.9%
Cash allocation has gone down from 2.9% to 2.2%
Top 3 Sectors in August were Financial Services, Industrial & Tech
Aug'24
Financial Services
18%
Industrial
16%
Consumer Cyclical
12%
Jul'24
Financial Services
18%
Industrial
17%
Tech
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Century Textiles & Industries Ltd | 24.5% |
 PCBL Ltd | 17.1% |
 HDFC Bank Ltd | 6.1% |
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Fatema Pacha
Fund Manager of Mahindra Manulife Multi Cap Fund Direct Growth, since 16 October 2020
Top funds managed
Manish Lodha
Fund Manager of Mahindra Manulife Multi Cap Fund Direct Growth, since 21 December 2020
Top funds managed
Fund House
Mahindra Manulife Investment Management Pvt. Ltd.
Total Schemes
Total AUM
₹27.85K Cr
as on 31-Aug-2024
Address
1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Website
mfinvestors@mahindra.com
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (multi-cap). Its expense ratio is 0.4% which is lower than the category average expense ratio of 1.19%.
In the last 1 year, Axis Multicap Fund Direct Growth has given 58.47% return, outperforming this fund by 10.36%.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 33.92% return, outperforming this fund by 4.05% per annum.
In the last 3 years, Nippon India Multi Cap Fund - Direct Plan - Growth has given 29.32% return, outperforming this fund by 5.24% per annum.
Over the last 6 months, this fund has experienced a 54.3% growth in AUM moving from 3.03K Cr to 4.68K Cr.
Mahindra Manulife Multi Cap Fund Direct Growth 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 21.56% since inception which is more than its category average return of 18.51%
Fund Allocations
This fund has an allocation of 97.82% in Equity, 0% in Debt and 2.18% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 3906 Cr
Expense Ratio 0.4%
This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions
The current NAV of Mahindra Manulife Multi Cap Fund Direct Growth is ₹41.51 as on 03-Oct-2024.
Existing (Absolute + CAGR) as on 03-Oct-2024.
Mahindra Manulife Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.25% | 1.25% |
6 Month Returns | 22.27% | 22.27% |
1 Year Returns | 48.11% | 48.11% |
3 Years Returns | 91.01% | 24.07% |
5 Years Returns | 269.44% | 29.87% |
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.
0.4% as on September 2024
₹4686 Cr as on September 2024
HDFC Bank Ltd(5.5%), Reliance Industries Ltd(4.35%), Tata Consultancy Services Ltd(3.52%), Aurobindo Pharma Ltd(3.41%), Indus Towers Ltd Ordinary Shares(3.13%) as on September 2024
Financial Services(17.61%), Industrial(15.66%), Consumer Cyclical(11.58%) as on September 2024
The alpha ratio for the Mahindra Manulife Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Multi Cap Fund Direct Growth | 4.13 | 2.81 | 4.45 |
As on September 2024
The alpha for Mahindra Manulife Multi Cap Fund Direct Growth is calculated against S&P BSE 500 India 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 Multi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Multi Cap Fund Direct Growth | 0.95 | 0.97 | 0.91 |
As on September 2024
The Beta for Mahindra Manulife Multi Cap Fund Direct Growth is calculated with S&P BSE 500 India 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 Multi Cap 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 Multi Cap Fund Direct Growth | 2.7 | 1.2 | 1.21 |
As on September 2024
The sharpe ratio for Mahindra Manulife Multi Cap Fund Direct Growth is calculated with S&P BSE 500 India 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 Multi Cap 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 Multi Cap Fund Direct Growth | 12.48 | 14.12 | 18.9 |
As on September 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 2.19 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.63 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Fatema Pacha, Manish Lodha are the fund managers of Mahindra Manulife Multi Cap Fund Direct Growth
The Exit load of Mahindra Manulife Multi Cap Fund Direct Growth is 1%