Mahindra Manulife Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 20-12-2024
₹ 25.07
1D
Inception Returns
16.6%
/yr
About Mahindra Manulife Consumption Fund Direct Growth
Mahindra Manulife Consumption Fund Direct Growth is an equity fund. This fund was started on 16 November, 2018. The fund is managed by Fatema Pacha. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mahindra Manulife Consumption Fund Direct Growth has ₹423 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
Mahindra Manulife Consumption Fund Direct Growth has given a CAGR return of 16.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.36%, 22.02% and 20.07% respectively.
Holdings
Mahindra Manulife Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Industrial, Basic Materials, Utilities, Health, Real Estate. Its top holdings are Mahindra & Mahindra Ltd, ITC Ltd, Hindustan Unilever Ltd, Bharti Airtel Ltd, Trent Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Mahindra Manulife Consumption Fund Direct Growth
The investment objective of the Scheme is to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit from consumption led demand in India.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Consumption Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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141 people have invested ₹ 18L in Mahindra Manulife Consumption Fund Direct Growth in the last three months
INDmoney Rank for Mahindra Manulife Consumption Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Mahindra Manulife Consumption Fund Direct Growth Overview
| Expense ratio | 0.64% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹423 Cr |
| Inception Date | 16 November, 2018 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 98.11% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
56.7%
Small cap
25.4%
Mid cap
11.8%
Sector Allocation
Consumer Cyclical
40.2%
Consumer Defensive
32%
Communication
9.8%
Industrial
8.3%
Basic Materials
4.6%
Utilities
2.7%
Health
2%
Real Estate
0.5%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.16% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.43% in Nov'24
- AUM of the fund stands at 423.3 Cr as of Nov'24
- AUM increased by 26.3 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Varun Beverages Ltd's allocation increased from 1.02% to 2.38%
Metro Brands Ltd's allocation increased from 0.3% to 1.33%
United Spirits Ltd's allocation increased from 1.99% to 2.94%
Top Stocks sold last month
ITC Ltd's allocation decreased from 6.43 % to 5.88 %
Hindustan Unilever Ltd's allocation decreased from 5.97 % to 5.53 %
Trent Ltd's allocation decreased from 4.18 % to 4.11 %
Mid Cap allocation has gone up from 10.1% to 11.8%
Large Cap allocation has gone down from 57.5% to 56.7%
Small Cap allocation has gone down from 26% to 25.4%
Cash allocation has gone down from 6.4% to 4%
Top 3 Sectors in November were Consumer Cyclical, Consumer Defensive & Communication
Nov'24
Consumer Cyclical
40%
Consumer Defensive
32%
Communication
10%
Oct'24
Consumer Cyclical
37%
Consumer Defensive
34%
Communication
9%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Mahindra & Mahindra Ltd | 6.03% | 0% | |
 ITC Ltd | 5.88% | 0% | |
 Hindustan Unilever Ltd | 5.53% | 0% | |
 Bharti Airtel Ltd | 5.42% | 21.6% | |
 Trent Ltd | 4.11% | 9.9% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Safari Industries (India) Ltd | 9.5% |
 Zomato Ltd | 7.6% |
 Mahindra & Mahindra Ltd | 3.5% |
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Fatema Pacha
Fund Manager of Mahindra Manulife Consumption Fund Direct Growth, since 21 December 2020
Top funds managed
Fund House
Mahindra Manulife Investment Management Pvt. Ltd.
Total Schemes
Total AUM
₹29.11K Cr
as on 29-Nov-2024
Address
1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Website
mfinvestors@mahindra.com
Mutual Fund Insights
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 24.07% return, outperforming this fund by 2.05% per annum.
In the last 1 year, HSBC Consumption Fund Direct Growth has given 38.7% return, outperforming this fund by 11.33%.
Over the last 3 months, this fund has experienced a 31.4% growth in AUM moving from 322.26 Cr to 423.34 Cr.
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 0.64% which is lower than the category average expense ratio of 1.37%.
In the last 5 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 24.91% return, outperforming this fund by 4.85% per annum.
Mahindra Manulife Consumption Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.58% since inception which is more than its category average return of 15.49%
Fund Allocations
This fund has an allocation of 96.04% in Equity, 0% in Debt and 3.96% in Cash related instruments
AUM size ₹423 Cr
This fund has AUM of ₹423 Cr which is less than its category average of ₹ 1724 Cr
Expense Ratio 0.64%
This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions for Mahindra Manulife Consumption Fund Direct Growth
The current NAV of Mahindra Manulife Consumption Fund Direct Growth is ₹25.07 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Mahindra Manulife Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.81% | 3.81% |
6 Month Returns | 4.16% | 4.16% |
1 Year Returns | 27.36% | 27.36% |
3 Years Returns | 81.67% | 22.02% |
5 Years Returns | 149.51% | 20.07% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.64% as on November 2024
₹423 Cr as on November 2024
Mahindra & Mahindra Ltd(6.03%), ITC Ltd(5.88%), Hindustan Unilever Ltd(5.53%), Bharti Airtel Ltd(5.42%), Trent Ltd(4.11%) as on November 2024
Consumer Cyclical(38.56%), Consumer Defensive(30.73%), Communication(9.38%) as on November 2024
The alpha ratio for the Mahindra Manulife Consumption Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Consumption Fund Direct Growth | 3.32 | 3.94 | 1.07 |
As on November 2024
The alpha for Mahindra Manulife Consumption Fund Direct Growth is calculated against S&P BSE 500 India 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%.
The Beta ratio for the Mahindra Manulife Consumption Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Consumption Fund Direct Growth | 0.83 | 0.84 | 0.97 |
As on November 2024
The Beta for Mahindra Manulife Consumption Fund Direct Growth is calculated with S&P BSE 500 India 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.
The sharpe ratio for the Mahindra Manulife Consumption 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 Consumption Fund Direct Growth | 1.38 | 1.11 | 0.82 |
As on November 2024
The sharpe ratio for Mahindra Manulife Consumption Fund Direct Growth is calculated with S&P BSE 500 India 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.
The standard deviation for the Mahindra Manulife Consumption 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 Consumption Fund Direct Growth | 14.44 | 13.19 | 17.75 |
As on November 2024
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.
Sortino ratio is 2 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.53 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Fatema Pacha is the fund manager of Mahindra Manulife Consumption Fund Direct Growth
The Exit load of Mahindra Manulife Consumption Fund Direct Growth is 1%