Mahindra Manulife Manufacturing Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 10-02-2025
₹ 8.91
1D
Inception Returns
/yr
About Mahindra Manulife Manufacturing Fund Direct Growth
Mahindra Manulife Manufacturing Fund Direct Growth is an equity fund. This fund was started on 24 June, 2024. The fund is managed by Manish Lodha. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mahindra Manulife Manufacturing Fund Direct Growth has ₹870 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Mahindra Manulife Manufacturing Fund Direct Growth has given a CAGR return of -9.46% since inception.
Holdings
Mahindra Manulife Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Financial Services. Its top holdings are Mahindra & Mahindra Ltd, Reliance Industries Ltd, ITC Ltd, Hindalco Industries Ltd, Deepak Fertilisers & Petrochemicals Corp Ltd
Taxation
As it is a equity - other 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 Manufacturing Fund Direct Growth
The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in manufacturing theme. However, there is no assurance that the 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 Manufacturing Fund Direct Growth has no lock in period.
Historical NAV & Returns
Mahindra Manulife Manufacturing Fund Direct Growth Overview
| Expense ratio | 0.67% |
Benchmark | S&P BSE India Manufacturing TR INR |
| AUM | ₹870 Cr |
| Inception Date | 24 June, 2024 |
| Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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 (10-Feb-25)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 0.24% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.84% in Nov'24
- AUM of the fund stands at 895.6 Cr as of Dec'24
- AUM increased by 11.1 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Industrial, Consumer Cyclical & Basic Materials
Top Growth Drivers | 1M Return |
|---|---|
 Shree Cement Ltd | 8.5% |
Mahindra Manulife Manufacturing Fund Direct Growth Highlights
Very High Risk
Fund Allocations
AUM size ₹870 Cr
Expense Ratio 0.67%
Frequently Asked Questions for Mahindra Manulife Manufacturing Fund Direct Growth
Mahindra Manulife Manufacturing Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.28% | -5.28% |
6 Month Returns | -9.85% | -9.85% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Manufacturing Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Manufacturing Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mahindra Manulife Manufacturing Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mahindra Manulife Manufacturing Fund Direct Growth | - | - | - |