Mahindra Manulife Multi Asset Allocation Fund Direct Growth
Get the latest NAV of Mahindra Manulife Multi Asset Allocation 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.
₹11.93
▲0.2%1D
NAV as on 16 May 2025
16.21%/per year
Since Inception
▲▼
114 people have invested ₹ 3.8L in Mahindra Manulife Multi Asset Allocation Fund Direct Growth in the last three months
Fund Performance
as on (16-May-25)
Peer comparison
Mahindra Manulife Multi Asset Allocation Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mahindra Manulife Multi Asset Allocation Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 66%
Debt & Cash 18.5%
Mahindra Manulife Multi Asset Allocation Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 66%
Debt & Cash 18.5%
Top 3 Sectors in April were Government, Corporate & Financial Services
Government
45%
Corporate
37%
Financial Services
25%
Government
37%
Corporate
33%
Financial Services
27%
Mahindra Manulife Multi Asset Allocation Fund Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
Mahindra Manulife Multi Asset Allocation Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.42% |
Benchmark | null |
| AUM | ₹580 Cr |
| Inception Date | 13 March, 2024 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 1251.9% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
About Mahindra Manulife Multi Asset Allocation Fund
Mahindra Manulife Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 13 March, 2024. The fund is managed by Rahul Pal. This fund gives you the benefit of diversification.
Key Parameters
- Mahindra Manulife Multi Asset Allocation Fund Direct Growth has ₹580 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Mahindra Manulife Multi Asset Allocation Fund Direct Growth has given a CAGR return of 16.21% since inception. Over the last 1 year the fund has given a CAGR return of 13.64%.
Holdings
Mahindra Manulife Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Cash Equivalent, Real Estate, Consumer Cyclical, Basic Materials, Tech, Industrial, Energy, Consumer Defensive, Health, Utilities, Communication.
Taxation
As it is a multi asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Mahindra Manulife Multi Asset Allocation Fund Direct Growth
The investment objective of the Scheme is to seek to generate long-term capital appreciation and income by investing in equity and equity related securities, debt & money market instruments, Gold/Silver ETFs and Exchange Traded Commodity Derivatives (ETCDs) as permitted by SEBI from time to time. 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 Asset Allocation Fund Direct Growth has no lock in period.
Fund Manager
Rahul Pal
Fund Manager of Mahindra Manulife Multi Asset Allocation Fund Direct Growth, since 13 March 2024
- AUM of the fund stands at 580.2 Cr as of Apr'25
- AUM increased by 14 Cr between Apr'25 and Mar'25
More funds from Mahindra
5Y CAGR
▲ 25.33
3Y CAGR
▲ 16.32
5Y CAGR
▲ 15.92
3Y CAGR
▲ 6.20
Frequently Asked Questions for Mahindra Manulife Multi Asset Allocation Fund Direct Growth
What is the current NAV of Mahindra Manulife Multi Asset Allocation Fund Direct Growth?
What are the average returns of Mahindra Manulife Multi Asset Allocation Fund Direct Growth?
Mahindra Manulife Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.12% | 4.12% |
6 Month Returns | 7.47% | 7.47% |
1 Year Returns | 13.64% | 13.64% |
3 Years Returns | 0% | 0% |
How do I invest in Mahindra Manulife Multi Asset Allocation Fund Direct Growth?
- 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 Multi Asset Allocation Fund Direct Growth?
What is net assets under management (AUM) of Mahindra Manulife Multi Asset Allocation Fund Direct Growth?
What are the top 5 holdings of Mahindra Manulife Multi Asset Allocation Fund Direct Growth?
What are the top 3 sectors that this Mahindra Manulife Multi Asset Allocation Fund Direct Growth has invested in?
What is the credit rating breakup of Mahindra Manulife Multi Asset Allocation Fund Direct Growth?
AAA | 61.84 |
AA | 38.16 |