Mahindra Manulife Multi Cap Fund Direct Plan Growth
Equity
Direct
Multi-Cap
NAV: ₹ 36.22 as on 02-05-2024
About the Fund
Mahindra Manulife Multi Cap Fund Direct Plan Growth is an equity fund. This fund was started on 11 May, 2017. The fund is managed by Fatema Pacha, Manish Lodha. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mahindra Manulife Multi Cap Fund Direct Plan Growth has ₹3165 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
3867 people have invested ₹ 2.9Cr in Mahindra Manulife Multi Cap Fund Direct Plan Growth in the last three months
Overview
 | 0.39% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹3165 Cr |
 | 11 May, 2017 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 110% |
Mahindra Manulife Multi Cap Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
45.1%
Small cap
28.5%
Mid cap
23.6%
Sector Allocation
Financial Services
19.8%
Industrial
15.9%
Energy
13%
Tech
12.8%
Consumer Cyclical
11.1%
Basic Materials
10.9%
Utilities
5.8%
Health
5.2%
Communication
3%
Consumer Defensive
2.5%
Top Holdings of Mahindra Manulife Multi Cap Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings62
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Hitachi Energy India Ltd | 39.6% |
 NMDC Ltd | 17.9% |
 Steel Authority of India Ltd | 11.1% |
Top Losers | 1M Return |
|---|---|
 Persistent Systems Ltd | -15.2% |
 CRISIL Ltd | -11% |
 Larsen & Toubro Ltd | -5.6% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.23% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.24% in Mar'24
AUM Change
- AUM of the fund stands at 3.2K Cr as of Mar'24
- AUM increased by 127.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (multi-cap). Its expense ratio is 0.39% which is lower than the category average expense ratio of 1.25%.
In the last 5 years, Quant Active Fund Growth Option Direct Plan has given 31.27% return, outperforming this fund by 5.21% per annum.
In the last 1 year, HSBC Multi Cap Fund Direct Growth has given 64.8% return, outperforming this fund by 9.34%.
Over the last 6 months, this fund has experienced a 43.7% growth in AUM moving from 2.20K Cr to 3.16K Cr.
In the last 3 years, Nippon India Multi Cap Fund - Direct Plan - Growth has given 33.74% return, outperforming this fund by 5.72% per annum.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Fatema Pacha
Fund Manager of Mahindra Manulife Multi Cap Fund Direct Plan Growth, since 16 October 2020
Top funds managed
Manish Lodha
Fund Manager of Mahindra Manulife Multi Cap Fund Direct Plan Growth, since 21 December 2020
Top funds managed
Mahindra Manulife Multi Cap Fund Direct Plan 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 20.18% since inception which is more than its category average return of 15.28%
Fund Allocations
This fund has an allocation of 97.2% in Equity, 0% in Debt and 2.8% in Cash related instruments
AUM size ₹3165 Cr
This fund has AUM of ₹3165 Cr which is more than its category average of ₹ 3094 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 1.29%
Frequently Asked Questions
The current NAV of Mahindra Manulife Multi Cap Fund Direct Plan Growth is ₹36.22 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Mahindra Manulife Multi Cap Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.76% | 5.76% |
6 Month Returns | 29.38% | 29.38% |
1 Year Returns | 55.46% | 55.46% |
3 Years Returns | 109.8% | 28.02% |
5 Years Returns | 218.42% | 26.07% |
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- 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.
0.39% as on April 2024
₹3165 Cr as on April 2024
Canara Bank(4.45%), Coal India Ltd(4.22%), Tata Consultancy Services Ltd(3.99%), Reliance Industries Ltd(3.43%), Hindustan Petroleum Corp Ltd(3.41%) as on April 2024
Financial Services(19.28%), Industrial(15.45%), Energy(12.67%) as on April 2024
The alpha ratio for the Mahindra Manulife Multi Cap Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Multi Cap Fund Direct Plan Growth | - | - | - |
As on April 2024
The alpha for Mahindra Manulife Multi Cap Fund Direct Plan 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 Multi Cap Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Multi Cap Fund Direct Plan Growth | - | - | - |
As on April 2024
The Beta for Mahindra Manulife Multi Cap Fund Direct Plan 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 Multi Cap Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mahindra Manulife Multi Cap Fund Direct Plan Growth | - | - | - |
As on April 2024
The sharpe ratio for Mahindra Manulife Multi Cap Fund Direct Plan 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 Multi Cap Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mahindra Manulife Multi Cap Fund Direct Plan Growth | 11.99 | 14.55 | 19.18 |
As on April 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.
Information ratio is 0.92 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Fatema Pacha, Manish Lodha are the fund managers of Mahindra Manulife Multi Cap Fund Direct Plan Growth
The Exit load of Mahindra Manulife Multi Cap Fund Direct Plan Growth is 1%