Mahindra Manulife Small Cap Fund Direct Growth

Mahindra Manulife Small Cap Fund Direct Growth

Equity

Mahindra Mutual Fund

Small-Cap

Get the latest NAV of Mahindra Manulife Small 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.

₹22.84

▲1.1%1D

NAV as on 29 Jul 2026

25.53%/per year

Since Inception

Absolute Gain%

▲▼

3762 people have invested ₹ 3.9Cr in Mahindra Manulife Small Cap Fund in the last three months

Mahindra Manulife Small Cap Fund Performance vs. Nifty Smallcap 250

Fund returns vs Benchmark returns vs Category Average returns as on (29-Jul-26)

The fund has outperformed the benchmark (Nifty Smallcap 250) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
2.54%
9.2%
19.88%
13.4%
22.45%
--
Nifty Smallcap 250
-0.54%
6.38%
15.26%
-1.13%
16.68%
14.35%
Small-Cap Avg
2.03%
8.39%
17.03%
8.42%
16.81%
16.04%
Best in Small-Cap
3.4%
16.14%
31.55%
28.32%
27.06%
20.17%
Worst in Small-Cap
-1.48%
3.54%
5.6%
-4.92%
12.31%
13.73%

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 Small Cap Fund
-
4,930Cr
0.43%
13.4%
22.45%
4.95
0.88
0.87
1.47
0.85
Bandhan Small Cap Fund
1/22
28,466Cr
0.35%
8.78%
27.5%
8.41
0.91
1.03
1.85
1.80
Invesco India Smallcap Fund
2/22
13,385Cr
0.42%
14.32%
24.21%
6.44
0.84
0.93
1.48
0.78
Bank of India Small Cap Fund
3/22
2,572Cr
0.45%
18.53%
22.79%
4.09
0.94
0.79
1.37
0.55
See all

Mahindra Manulife Small 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 Small Cap Fund Asset Allocation

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

Fund Distribution

as on (14-Jul-26)

Small cap
71.6%
Mid cap
18.2%
Large cap
5.8%
Small Cap allocation has gone up from 71.3% to 71.6%
Small Cap allocation has gone up from 71.3% to 71.6%
Mid Cap allocation has gone down from 20.1% to 18.2%
Mid Cap allocation has gone down from 20.1% to 18.2%
Large Cap allocation has gone up from 2.9% to 5.8%
Large Cap allocation has gone up from 2.9% to 5.8%
Cash allocation has gone down from 5.7% to 4.4%
Cash allocation has gone down from 5.7% to 4.4%

Mahindra Manulife Small Cap Fund Sector Allocation

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

Sector Allocation

Consumer Cyclical
20.1%
Financial Services
19%
Basic Materials
15.9%
Health
14%
Industrial
11%
Consumer Defensive
8.6%
Tech
5.9%
Utilities
2.7%
Real Estate
1.8%
Communication
1%

Top 3 Sectors in June were Consumer Cyclical, Basic Materials & Financial Services

Jun'26

Consumer Cyclical

22%

Basic Materials

20%

Financial Services

16%

May'26

Consumer Cyclical

22%

Basic Materials

20%

Financial Services

18%

Mahindra Manulife Small Cap Fund Holdings Details

as on (30-Jun-26)

Holdings
Weight%
1M Change
Neuland Laboratories Ltd
3.26%
0%
Arvind Ltd
3.06%
0%
Jindal Saw Ltd
2.97%
0%
Garware Hi-Tech Films Ltd
2.42%
56%
Usha Martin Ltd
2.27%
-2.7%
See all
Top Stocks bought last month
Garware Hi-Tech Films Ltd's allocation increased from 0.92% to 2.14%
Garware Hi-Tech Films Ltd's allocation increased from 0.92% to 2.14%
Vodafone Idea Ltd's allocation increased from 1.69% to 2.25%
Vodafone Idea Ltd's allocation increased from 1.69% to 2.25%
Manappuram Finance Ltd's allocation increased from 1.78% to 2.2%
Manappuram Finance Ltd's allocation increased from 1.78% to 2.2%
Top Stocks sold last month
Voltamp Transformers Ltd's allocation decreased from 2.46 % to 2.15 %
Voltamp Transformers Ltd's allocation decreased from 2.46 % to 2.15 %
Supreme Petrochem Ltd's allocation decreased from 2.45 % to 2.09 %
Supreme Petrochem Ltd's allocation decreased from 2.45 % to 2.09 %
VA Tech Wabag Ltd's allocation decreased from 2.03 % to 2.01 %
VA Tech Wabag Ltd's allocation decreased from 2.03 % to 2.01 %

Mahindra Manulife Small Cap Fund Overview

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

Expense ratio0.43%
Benchmark
S&P BSE 250 SmallCap Index TR INR
AUM₹4930 Cr
Inception Date14 December, 2022
Min Lumpsum/SIP₹1,000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
98.82%
Risk
Risk meter
pointer
Very High Risk

About Mahindra Manulife Small Cap Fund

Mahindra Manulife Small Cap Fund Direct Growth is an equity fund. This fund was started on 14 December, 2022. The fund is managed by Neelesh Dhamnaskar, Vishal Jajoo, Krishna Sanghavi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mahindra Manulife Small Cap Fund has ₹4930 Cr worth of assets under management (AUM) as on Jul 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Mahindra Manulife Small Cap Fund has given a CAGR return of 25.53% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 13.40% and 22.45% respectively.

Holdings

Mahindra Manulife Small Cap Fund has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Basic Materials, Financial Services, Industrial, Health, Corporate, Tech, Communication, Consumer Defensive, Government, Utilities, Real Estate. Its top holdings are Neuland Laboratories Ltd, Arvind Ltd, Jindal Saw Ltd, Garware Hi-Tech Films Ltd, Angel One Ltd Ordinary Shares

Taxation

As it is a small-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 Small Cap Fund

The investment objective of the Scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related securities of small 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 Small Cap Fund has no lock in period.

Fund Manager

Neelesh Dhamnaskar

Fund Manager of Mahindra Manulife Small Cap Fund, since 16 February 2026

Vishal Jajoo

Fund Manager of Mahindra Manulife Small Cap Fund, since 23 December 2024

Krishna Sanghavi

Fund Manager of Mahindra Manulife Small Cap Fund, since 24 October 2024

Learn more about Mahindra Mutual Fund
Parameters
Jun'26
May'26
Apr'26
AUM
₹ 4.6K Cr
₹ 4.6K Cr
₹ 4.5K Cr
  • AUM of the fund stands at 4.6K Cr as of Jun'26
  • AUM has remained same between Jun'26 and May'26

Compare Mahindra Manulife Small Cap Fund

Mahindra Manulife Small Cap Fund

VS

Nippon India Small Cap Fund

Frequently Asked Questions for Mahindra Manulife Small Cap Fund Direct Growth

How do I invest in Mahindra Manulife Small Cap Fund?

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

The NAV of the fund today is ₹22.84. 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 Small Cap Fund fund has generated a return of 13.40% in 1 year, 22.45% in 3 years

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

The fund managers are Neelesh Dhamnaskar, Vishal Jajoo, Krishna Sanghavi.

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 0.43%. 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 ₹4930 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 Small Cap Fund?

The top 3 holdings of the fund are Neuland Laboratories Ltd(3.26%), Arvind Ltd(3.06%), Jindal Saw Ltd(2.97%)