Mahindra Manulife Multi Cap Fund Direct Plan Growth

Mahindra Manulife Multi Cap Fund Direct Plan Growth

Equity

Mahindra Mutual Fund

Multi-Cap

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

₹46.20

▲0.4%1D

NAV as on 06 Nov 2026

17.49%/per year

Since Inception

Absolute Gain%

▲▼

8764 people have invested ₹ 9.9Cr 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 (06-Nov-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
2.33%
0.42%
6.32%
10.38%
17.71%
14.72%
Nifty 500
8.67%
-0.94%
1.62%
-0.14%
10.82%
8.64%
Multi-Cap Avg
2.37%
-1.28%
4.03%
3.97%
14.04%
12.18%
Best in Multi-Cap
4.46%
4.02%
20.9%
16%
19.49%
16.47%
Worst in Multi-Cap
-0.86%
-6.01%
-1.68%
-2.47%
10.55%
10.81%
Category Rank
1/22
1/20
1/19
3/15
2/8
1/8

Peer comparison

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
2/23
7,457Cr
0.93%
10.38%
17.71%
4.38
0.98
0.60
0.94
1.03
Axis Multicap Fund
1/23
11,972Cr
1.03%
10.43%
19.49%
6.96
0.93
0.77
1.18
1.64
WhiteOak Capital Multi Cap Fund
3/23
4,308Cr
0.89%
5.68%
18.68%
5.79
0.91
0.72
1.12
1.61
Bank of India Multi Cap Fund
4/23
1,344Cr
1.19%
10.97%
17.76%
4.95
0.96
0.65
1.07
1.40
See all

Mahindra Manulife Multi Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mahindra Manulife Multi Cap Fund Asset Allocation

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

Fund Distribution

as on (14-Oct-26)

Large cap
38.5%
Mid cap
30.1%
Small cap
24.2%
Small Cap allocation has gone down from 24.3% to 24.2%
Small Cap allocation has gone down from 24.3% to 24.2%
Mid Cap allocation has gone up from 29.1% to 30.1%
Mid Cap allocation has gone up from 29.1% to 30.1%
Large Cap allocation has gone up from 36.6% to 38.5%
Large Cap allocation has gone up from 36.6% to 38.5%
Cash allocation has gone down from 9.9% to 7.2%
Cash allocation has gone down from 9.9% to 7.2%

Mahindra Manulife Multi Cap Fund Sector Allocation

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

Sector Allocation

Financial Services
24.9%
Industrial
17.7%
Health
14.9%
Basic Materials
14.2%
Consumer Cyclical
12.8%
Tech
5.1%
Communication
4.3%
Energy
3.1%
Consumer Defensive
1.7%
Utilities
1.3%

Top 3 Sectors in September were Financial Services, Health & Basic Materials

Sep'26

Financial Services

24%

Health

20%

Basic Materials

14%

Aug'26

Financial Services

22%

Health

19%

Basic Materials

15%

Mahindra Manulife Multi Cap Fund Holdings Details

as on (31-Oct-26)

Holdings
Weight%
1M Change
Divi's Laboratories Ltd
5.01%
26.4%
Multi Commodity Exchange of India Ltd
4.21%
-13.2%
ICICI Bank Ltd
3.26%
0%
HDFC Bank Ltd
2.85%
100%
Adani Enterprises Ltd
2.79%
-17.3%
See all
Top Stocks bought last month
Multi Commodity Exchange of India Ltd's allocation increased from 1.4% to 4.21%
Multi Commodity Exchange of India Ltd's allocation increased from 1.4% to 4.21%
Divi's Laboratories Ltd's allocation increased from 3.57% to 5.01%
Divi's Laboratories Ltd's allocation increased from 3.57% to 5.01%
Sun TV Network Ltd's allocation increased from 0.7% to 1.52%
Sun TV Network Ltd's allocation increased from 0.7% to 1.52%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 3.67 % to 3.26 %
ICICI Bank Ltd's allocation decreased from 3.67 % to 3.26 %
Adani Enterprises Ltd's allocation decreased from 3.63 % to 2.79 %
Adani Enterprises Ltd's allocation decreased from 3.63 % to 2.79 %
Neuland Laboratories Ltd's allocation decreased from 3.53 % to 2.73 %
Neuland Laboratories Ltd's allocation decreased from 3.53 % to 2.73 %

Mahindra Manulife Multi Cap Fund Overview

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

Expense ratio0.93%
Benchmark
Nifty 500 Multicap 50:25:25 TR INR
AUM₹7457 Cr
Inception Date11 May, 2017
Min Lumpsum/SIP₹1,000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
114.07%
Risk
Risk meter
pointer
Very High Risk

About Mahindra Manulife Multi Cap Fund

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

Key Parameters

  1. Mahindra Manulife Multi Cap Fund has ₹7457 Cr worth of assets under management (AUM) as on Oct 2026 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Mahindra Manulife Multi Cap Fund has given a CAGR return of 17.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.38%, 17.71% and 14.72% respectively.

Holdings

Mahindra Manulife Multi Cap Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Basic Materials, Industrial, Energy, Consumer Cyclical, Consumer Defensive, Tech, Communication, Utilities, Government, Corporate. Its top holdings are Divi's Laboratories Ltd, Multi Commodity Exchange of India Ltd, ICICI Bank Ltd, HDFC Bank Ltd, Adani Enterprises 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

Fatema Pacha

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

Vishal Jajoo

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

Learn more about Mahindra Mutual Fund
Parameters
Sep'26
Aug'26
Jul'26
AUM
₹ 7.5K Cr
₹ 7.2K Cr
₹ 7.2K Cr
  • AUM of the fund stands at 7.5K Cr as of Sep'26
  • AUM increased by 273 Cr between Sep'26 and Aug'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 Direct Plan Growth

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 ₹46.20. 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 10.38% in 1 year, 17.71% in 3 years, 14.72% in 5 years.

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

The fund managers are Fatema Pacha, Vishal Jajoo.

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 0.93%. 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 ₹7457 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 Divi's Laboratories Ltd(5.01%), Multi Commodity Exchange of India Ltd(4.21%), ICICI Bank Ltd(3.26%)