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.

₹18.99

▲1.4%1D

NAV as on 14 May 2025

30.29%/per year

Since Inception

Absolute Gain%

▲▼

3894 people have invested ₹ 1.9Cr in Mahindra Manulife Small Cap Fund Direct Growth 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 (14-May-25)

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

Period
This Fund
Nifty Smallcap 250
Category Avg
1 Month
8.67%
8.47%
6.96%
3 Months
11.88%
10.6%
5.03%
6 Months
-4.66%
-4.54%
-4.46%
1 Year
5.65%
4.72%
8.36%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mahindra Manulife Small Cap Fund
-
3,570Cr
0.43%
5.65%
-
30.29%
Bandhan Small Cap Fund Direct Growth
1/18
10,244Cr
0.39%
19.04%
33.43%
34.65%
Axis Small Cap Fund Direct Growth
5/18
23,318Cr
0.57%
14.04%
23.33%
23.9%
Nippon India Small Cap Fund Direct Growth
6/18
58,029Cr
0.74%
6.34%
28.83%
25.34%
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 (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 94.8%

Debt & Cash 5.2%

Small cap
69.3%
Mid cap
14.4%
Large cap
9.5%
Mid Cap allocation has gone down from 15.6% to 14.4%
Mid Cap allocation has gone down from 15.6% to 14.4%
Large Cap allocation has gone down from 12% to 9.5%
Large Cap allocation has gone down from 12% to 9.5%
Small Cap allocation has gone up from 66.5% to 69.3%
Small Cap allocation has gone up from 66.5% to 69.3%
Cash allocation has gone up from 4% to 5.2%
Cash allocation has gone up from 4% to 5.2%

Mahindra Manulife Small Cap Fund Sector Allocation

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

Sector Allocation

Equity 94.8%

Debt & Cash 5.2%

Industrial
26.3%
Basic Materials
15.7%
Financial Services
11.5%
Consumer Cyclical
10.9%
Health
7.7%
Utilities
7.2%
Tech
6%
Consumer Defensive
5.7%
Real Estate
4.2%
Communication
2.5%
Energy
2.3%

Top 3 Sectors in April were Consumer Cyclical, Industrial & Basic Materials

Apr'25

Consumer Cyclical

21%

Basic Materials

16%

Industrial

15%

Mar'25

Consumer Cyclical

18%

Industrial

17%

Basic Materials

16%

Mahindra Manulife Small Cap Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
APL Apollo Tubes Ltd
3.37%
2.5%
CESC Ltd
2.57%
0%
Aditya Birla Real Estate Ltd
2.25%
-2.2%
Firstsource Solutions Ltd
2.18%
0%
Piramal Pharma Ltd
2.16%
-2.7%
See all
Top Stocks bought last month
Radico Khaitan Ltd's allocation increased from 0.2% to 1.25%
Radico Khaitan Ltd's allocation increased from 0.2% to 1.25%
eClerx Services Ltd's allocation increased from 1.44% to 2.02%
eClerx Services Ltd's allocation increased from 1.44% to 2.02%
APL Apollo Tubes Ltd's allocation increased from 2.73% to 3.19%
APL Apollo Tubes Ltd's allocation increased from 2.73% to 3.19%
Top Stocks sold last month
Bajaj Finance Ltd's allocation decreased from 3.13 % to 3 %
Bajaj Finance Ltd's allocation decreased from 3.13 % to 3 %
Aditya Birla Real Estate Ltd's allocation decreased from 2.54 % to 2.42 %
Aditya Birla Real Estate Ltd's allocation decreased from 2.54 % to 2.42 %
Firstsource Solutions Ltd's allocation decreased from 2.76 % to 2.24 %
Firstsource Solutions Ltd's allocation decreased from 2.76 % to 2.24 %

Mahindra Manulife Small Cap Fund Direct Growth 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₹3570 Cr
Inception Date14 December, 2022
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
65.71%
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 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 Krishna Sanghavi, Manish Lodha. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mahindra Manulife Small Cap Fund Direct Growth has ₹3570 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Mahindra Manulife Small Cap Fund Direct Growth has given a CAGR return of 30.29% since inception. Over the last 1 year the fund has given a CAGR return of 5.65%.

Holdings

Mahindra Manulife Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Basic Materials, Industrial, Financial Services, Consumer Defensive, Health, Tech, Utilities, Communication, Real Estate. Its top holdings are APL Apollo Tubes Ltd, CESC Ltd, Aditya Birla Real Estate Ltd, Firstsource Solutions Ltd, Piramal Pharma Ltd

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 Direct Growth

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 Direct Growth has no lock in period.

Fund Manager

Krishna Sanghavi

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

Manish Lodha

Fund Manager of Mahindra Manulife Small Cap Fund Direct Growth, since 14 December 2022

Learn more about Mahindra Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 3.6K Cr
₹ 3.5K Cr
₹ 3.2K Cr
  • AUM of the fund stands at 3.6K Cr as of Apr'25
  • AUM increased by 106.3 Cr between Apr'25 and Mar'25

Frequently Asked Questions for Mahindra Manulife Small Cap Fund Direct Growth

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

The current NAV of Mahindra Manulife Small Cap Fund Direct Growth is ₹18.99 as on 14-May-2025.

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

Existing (Absolute + CAGR) as on 14-May-2025.
Mahindra Manulife Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.67%
8.67%
6 Month Returns
-4.66%
-4.66%
1 Year Returns
5.65%
5.65%
3 Years Returns
0%
0%

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

0.43% as on April 2025

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

₹3570 Cr as on April 2025

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

APL Apollo Tubes Ltd(3.37%), CESC Ltd(2.57%), Aditya Birla Real Estate Ltd(2.25%), Firstsource Solutions Ltd(2.18%), Piramal Pharma Ltd(2.16%) as on April 2025

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

Consumer Cyclical(19.54%), Basic Materials(15%), Industrial(13.77%) as on April 2025

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

The alpha ratio for the Mahindra Manulife Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mahindra Manulife Small Cap Fund Direct Growth
-1.7
-
-
As on April 2025
The alpha for Mahindra Manulife Small Cap Fund Direct Growth is calculated against S&P BSE 250 SmallCap Index 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 Small Cap Fund Direct Growth??

The Beta ratio for the Mahindra Manulife Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mahindra Manulife Small Cap Fund Direct Growth
0.92
-
-
As on April 2025
The Beta for Mahindra Manulife Small Cap Fund Direct Growth is calculated with S&P BSE 250 SmallCap Index 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 Small Cap Fund Direct Growth?

The sharpe ratio for the Mahindra Manulife Small 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 Small Cap Fund Direct Growth
-0.21
-
-
As on April 2025
The sharpe ratio for Mahindra Manulife Small Cap Fund Direct Growth is calculated with S&P BSE 250 SmallCap Index 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 Small Cap Fund Direct Growth?

The standard deviation for the Mahindra Manulife Small 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 Small Cap Fund Direct Growth
22.3
-
-
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.

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

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

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

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