Mahindra Manulife Mid Cap Fund Direct Growth

Mahindra Manulife Mid Cap Fund Direct Growth

Equity

Mahindra Mutual Fund

Mid-Cap

Get the latest NAV of Mahindra Manulife Mid Cap 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.

₹36.21

▲0.8%1D

NAV as on 14 May 2025

19.26%/per year

Since Inception

Absolute Gain%

▲▼

5223 people have invested ₹ 3.1Cr in Mahindra Manulife Mid Cap Fund Direct Growth in the last three months

Mahindra Manulife Mid Cap Fund Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (14-May-25)

The fund has consistently outperformed the benchmark (Nifty Midcap 150) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty Midcap 150
Category Avg
1 Month
9.49%
10.87%
10.23%
3 Months
12.32%
12.49%
11.16%
6 Months
0.62%
2.65%
0.42%
1 Year
10.94%
10.42%
11.02%
3 Years
29.47%
26.64%
25.48%
5 Years
33.38%
32.99%
30.99%

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
Inception Returns
Mahindra Manulife Mid Cap Fund
-
3,553Cr
0.46%
10.94%
29.47%
19.26%
HDFC Mid Cap Opportunities Fund Direct Growth
2/19
74,910Cr
0.83%
14.65%
31.34%
21.2%
Motilal Oswal Midcap Fund Direct Growth
3/19
27,780Cr
0.7%
22.35%
33.8%
24.14%
Nippon India Growth Fund Direct Growth
4/19
34,690Cr
0.78%
15.17%
29.63%
18.94%
See all
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5Y returns in the top 25% of the category
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Mahindra Manulife Mid Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Mahindra Manulife Mid Cap Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 96.6%

Debt & Cash 3.4%

Mid cap
66.5%
Large cap
17.3%
Small cap
11.6%
Small Cap allocation has gone up from 9.5% to 11.6%
Small Cap allocation has gone up from 9.5% to 11.6%
Mid Cap allocation has gone up from 66.1% to 66.5%
Mid Cap allocation has gone up from 66.1% to 66.5%
Large Cap allocation has gone up from 16% to 17.3%
Large Cap allocation has gone up from 16% to 17.3%
Cash allocation has gone down from 7.5% to 3.4%
Cash allocation has gone down from 7.5% to 3.4%

Mahindra Manulife Mid Cap Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 96.6%

Debt & Cash 3.4%

Financial Services
22.7%
Consumer Cyclical
15.4%
Industrial
14.6%
Basic Materials
12.2%
Tech
10.2%
Health
10%
Energy
4.7%
Consumer Defensive
3.9%
Communication
3.4%
Real Estate
1.5%
Utilities
1.5%

Top 3 Sectors in April were Financial Services, Consumer Cyclical & Industrial

Apr'25

Financial Services

19%

Consumer Cyclical

15%

Industrial

15%

Mar'25

Financial Services

22%

Consumer Cyclical

15%

Industrial

14%

Mahindra Manulife Mid Cap Fund Holdings Details

as on (30-Apr-25)

Equity

Top Stocks bought last month
Tube Investments of India Ltd Ordinary Shares's allocation increased from 0.75% to 1.56%
Tube Investments of India Ltd Ordinary Shares's allocation increased from 0.75% to 1.56%
Oil India Ltd's allocation increased from 0.95% to 1.42%
Oil India Ltd's allocation increased from 0.95% to 1.42%
L&T Finance Ltd's allocation increased from 0.57% to 1.03%
L&T Finance Ltd's allocation increased from 0.57% to 1.03%
Top Stocks sold last month
State Bank of India's allocation decreased from 2.87 % to 2.4 %
State Bank of India's allocation decreased from 2.87 % to 2.4 %
Indian Bank's allocation decreased from 2.33 % to 2.23 %
Indian Bank's allocation decreased from 2.33 % to 2.23 %
Voltas Ltd's allocation decreased from 2.2 % to 2.19 %
Voltas Ltd's allocation decreased from 2.2 % to 2.19 %

Mahindra Manulife Mid Cap Fund Direct Growth Overview

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

Expense ratio0.46%
Benchmark
Nifty Midcap 150 TR INR
AUM₹3553 Cr
Inception Date23 January, 2018
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
98.77%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Mahindra Manulife Mid Cap Fund

Mahindra Manulife Mid Cap Fund Direct Growth is an equity fund. This fund was started on 23 January, 2018. The fund is managed by Krishna Sanghavi, Manish Lodha. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mahindra Manulife Mid Cap Fund Direct Growth has ₹3553 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mahindra Manulife Mid Cap Fund Direct Growth has given a CAGR return of 19.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.94%, 29.47% and 33.38% respectively.

Holdings

Mahindra Manulife Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Consumer Defensive, Basic Materials, Energy, Tech, Communication, Utilities. Its top holdings are Max Healthcare Institute Ltd Ordinary Shares, Tube Investments of India Ltd Ordinary Shares, Indian Bank, APL Apollo Tubes Ltd, Reliance Industries Ltd

Taxation

As it is a mid-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 Mid Cap Fund Direct Growth

The investment objective of the Scheme is to seek to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies. 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 Mid Cap Fund Direct Growth has no lock in period.

Fund Manager

Krishna Sanghavi

Fund Manager of Mahindra Manulife Mid Cap Fund Direct Growth, since 24 October 2024

Manish Lodha

Fund Manager of Mahindra Manulife Mid Cap Fund Direct Growth, since 21 December 2020

Learn more about Mahindra Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 3.6K Cr
₹ 3.4K Cr
₹ 3.1K Cr
  • AUM of the fund stands at 3.6K Cr as of Apr'25
  • AUM increased by 154.6 Cr between Apr'25 and Mar'25

Compare Mahindra Manulife Mid Cap Fund

Mahindra Manulife Mid Cap Fund

VS

HDFC Mid Cap Opportunities Fund Direct Growth

Frequently Asked Questions for Mahindra Manulife Mid Cap Fund Direct Growth

What is the current NAV of Mahindra Manulife Mid Cap Fund Direct Growth?

The current NAV of Mahindra Manulife Mid Cap Fund Direct Growth is ₹36.21 as on 14-May-2025.

What are the average returns of Mahindra Manulife Mid Cap Fund Direct Growth?

Existing (Absolute + CAGR) as on 14-May-2025.
Mahindra Manulife Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
9.49%
9.49%
6 Month Returns
0.62%
0.62%
1 Year Returns
10.94%
10.94%
3 Years Returns
117.03%
29.47%

How do I invest in Mahindra Manulife Mid Cap Fund Direct Growth?

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.

What is the expense ratio of Mahindra Manulife Mid Cap Fund Direct Growth?

0.46% as on April 2025

What is net assets under management (AUM) of Mahindra Manulife Mid Cap Fund Direct Growth?

₹3553 Cr as on April 2025

What are the top 5 holdings of Mahindra Manulife Mid Cap Fund Direct Growth?

Max Healthcare Institute Ltd Ordinary Shares(3.4%), Tube Investments of India Ltd Ordinary Shares(2.51%), Indian Bank(2.23%), APL Apollo Tubes Ltd(2.18%), Reliance Industries Ltd(2.18%) as on April 2025

What are the top 3 sectors that this Mahindra Manulife Mid Cap Fund Direct Growth has invested in?

Financial Services(18.61%), Consumer Cyclical(14.67%), Industrial(14.02%) as on April 2025

What is the alpha of Mahindra Manulife Mid Cap Fund Direct Growth?

The alpha ratio for the Mahindra Manulife Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mahindra Manulife Mid Cap Fund Direct Growth
0.19
1.83
1.43
As on April 2025
The alpha for Mahindra Manulife Mid Cap Fund Direct Growth is calculated against Nifty Midcap 150 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%.

What is the beta of Mahindra Manulife Mid Cap Fund Direct Growth??

The Beta ratio for the Mahindra Manulife Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mahindra Manulife Mid Cap Fund Direct Growth
0.98
0.97
0.92
As on April 2025
The Beta for Mahindra Manulife Mid Cap Fund Direct Growth is calculated with Nifty Midcap 150 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.

What is the sharpe ratio of Mahindra Manulife Mid Cap Fund Direct Growth?

The sharpe ratio for the Mahindra Manulife Mid 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 Mid Cap Fund Direct Growth
0.05
0.96
1.43
As on April 2025
The sharpe ratio for Mahindra Manulife Mid Cap Fund Direct Growth is calculated with Nifty Midcap 150 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.

What is the standard deviation of Mahindra Manulife Mid Cap Fund Direct Growth?

The standard deviation for the Mahindra Manulife Mid 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 Mid Cap Fund Direct Growth
19.77
17.02
16.45
As on April 2025
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.

What is the Sortino ratio of Mahindra Manulife Mid Cap Fund Direct Growth?

Sortino ratio is 1.61 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of Mahindra Manulife Mid Cap Fund Direct Growth?

Information ratio is 0.59 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of Mahindra Manulife Mid Cap Fund Direct Growth?

Krishna Sanghavi, Manish Lodha are the fund managers of Mahindra Manulife Mid Cap Fund Direct Growth

What is the exit load of Mahindra Manulife Mid Cap Fund Direct Growth?

The Exit load of Mahindra Manulife Mid Cap Fund Direct Growth is 1%