Mahindra Manulife Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 23-12-2024
₹ 27.7
1D
Inception Returns
28.1%
/yr
About Mahindra Manulife Focused Fund Direct Growth
Mahindra Manulife Focused Fund Direct Growth is an equity fund. This fund was started on 17 November, 2020. The fund is managed by Fatema Pacha, Krishna Sanghavi. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mahindra Manulife Focused Fund Direct Growth has ₹1880 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Mahindra Manulife Focused Fund Direct Growth has given a CAGR return of 28.05% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 26.62% and 23.22% respectively.
Holdings
Mahindra Manulife Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Basic Materials, Energy, Tech, Consumer Cyclical, Utilities, Health, Communication, Industrial. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, State Bank of India, Infosys Ltd
Taxation
As it is a focused fund 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 Focused Fund Direct Growth
The investment objective of the scheme is to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of maximum 30 companies across market capitalisation. 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 Focused Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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980 people have invested ₹ 56.4L in Mahindra Manulife Focused Fund Direct Growth in the last three months
INDmoney Rank for Mahindra Manulife Focused Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
No bad points found for this fund.
Mahindra Manulife Focused Fund Direct Growth Overview
| Expense ratio | 0.42% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1880 Cr |
| Inception Date | 17 November, 2020 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 81.02% |
| 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 (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
82.8%
Small cap
6.6%
Mid cap
5.2%
Sector Allocation
Financial Services
30.7%
Consumer Defensive
12.9%
Basic Materials
12.9%
Energy
10.9%
Tech
9.9%
Consumer Cyclical
5.6%
Utilities
5.4%
Health
5.1%
Communication
3.5%
Industrial
3.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.40% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 1.00% in Nov'24
- AUM of the fund stands at 1.9K Cr as of Nov'24
- AUM increased by 89.1 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Biocon Ltd's allocation increased from 1.79% to 1.97%
Ramco Cements Ltd's allocation increased from 1.68% to 1.84%
Power Finance Corp Ltd's allocation increased from 2.02% to 2.1%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.21 % to 9.08 %
Reliance Industries Ltd's allocation decreased from 6.73 % to 6.7 %
ICICI Bank Ltd's allocation decreased from 6.04 % to 5.79 %
Mid Cap allocation has gone down from 6.6% to 5.2%
Large Cap allocation has gone down from 83.5% to 82.8%
Small Cap allocation has gone down from 6.7% to 6.6%
Cash allocation has gone up from 3.3% to 5.3%
Top 3 Sectors in November were Financial Services, Consumer Defensive & Basic Materials
Nov'24
Financial Services
31%
Consumer Defensive
13%
Basic Materials
13%
Oct'24
Financial Services
32%
Consumer Defensive
13%
Basic Materials
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.08% | 0% | |
 Reliance Industries Ltd | 6.7% | 7.7% | |
 ICICI Bank Ltd | 5.79% | 0% | |
 State Bank of India | 5.58% | 0% | |
 Infosys Ltd | 4.85% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Biocon Ltd | 8.4% |
 Infosys Ltd | 6.1% |
 HDFC Bank Ltd | 3% |
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Fatema Pacha
Fund Manager of Mahindra Manulife Focused Fund Direct Growth, since 21 December 2020
Top funds managed
Krishna Sanghavi
Fund Manager of Mahindra Manulife Focused Fund Direct Growth, since 17 November 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
Mahindra Manulife Focused 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 28.05% since inception which is more than its category average return of 16.92%
Fund Allocations
This fund has an allocation of 94.67% in Equity, 0% in Debt and 5.33% in Cash related instruments
AUM size ₹1880 Cr
This fund has AUM of ₹1880 Cr which is less than its category average of ₹ 4714 Cr
Expense Ratio 0.42%
This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions for Mahindra Manulife Focused Fund Direct Growth
The current NAV of Mahindra Manulife Focused Fund Direct Growth is ₹27.7 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Mahindra Manulife Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.36% | 0.36% |
6 Month Returns | 0.11% | 0.12% |
1 Year Returns | 26.62% | 26.62% |
3 Years Returns | 87.07% | 23.22% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.42% as on November 2024
₹1880 Cr as on November 2024
HDFC Bank Ltd(9.08%), Reliance Industries Ltd(6.7%), ICICI Bank Ltd(5.79%), State Bank of India(5.58%), Infosys Ltd(4.85%) as on November 2024
Financial Services(29.05%), Consumer Defensive(12.24%), Basic Materials(12.24%) as on November 2024
The alpha ratio for the Mahindra Manulife Focused Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Focused Fund Direct Growth | 6.32 | 6.4 | - |
As on November 2024
The alpha for Mahindra Manulife Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Focused Fund Direct Growth | 1.03 | 0.93 | - |
As on November 2024
The Beta for Mahindra Manulife Focused 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 Focused 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 Focused Fund Direct Growth | 1.82 | 1.23 | - |
As on November 2024
The sharpe ratio for Mahindra Manulife Focused 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 Focused 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 Focused Fund Direct Growth | 13.84 | 13.28 | - |
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 2.24 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.58 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Fatema Pacha, Krishna Sanghavi are the fund managers of Mahindra Manulife Focused Fund Direct Growth
The Exit load of Mahindra Manulife Focused Fund Direct Growth is 1%