Mahindra Manulife Flexi Cap Fund (IDCW)

Flexi Cap Fund

Invest Now

NAV
12.38(-0.82%)
Fund Size (CR)
₹1,559.38
Expense Ratio
2.61
Scheme Type
Active Fund
Value Research
-

Min. investment
₹1,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹1,000
Exit Load
1%
Return Since Launch
9.71%

Absolute Return: 0.26%

Annualized Return: 0%

Basic Details

Scheme Manager

Neelesh Dhamnaskar

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	July 15, 2026	9942.92	-0.57%	-	-0.65%	77/183
1 Month	June 22, 2026	9955.36	-0.45%	-	0.22%	136/183
3 Month	April 22, 2026	10009.40	0.09%	-	2.57%	151/183
6 Month	January 22, 2026	9836.10	-1.64%	-	3.35%	162/179
1 Year	July 22, 2025	9680.11	-3.20%	-3.20%	1.29%	139/166
3 Year	July 21, 2023	13278.59	32.79%	9.89%	12.88%	127/148
5 Year	-	-	-	-	-	-/-
Since Inception	August 23, 2021	15765.80	57.66%	9.71%	13.07%	153/183

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	August 1, 2025	1,20,000	141785.70	18.15%	18.15%
3 Year	August 1, 2023	3,60,000	417023.97	15.84%	5.02%
5 Year	September 1, 2021	5,90,000	769135.63	30.36%	5.45%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Risk Ratios

4.18%

Standard Deviation

0.93%

Beta

0.40%

Sharpe Ratio

-0.04%

Treynor's Ratio

-1.53%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
ICICI Bank	8.16%	925000	127.21	Equity	Banks
HDFC Bank	4.74%	927000	73.97	Equity	Banks
Bharti Airtel	3.21%	270000	50.00	Equity	Telecom-Service
Bajaj Finance	3.15%	489000	49.13	Equity	Finance
Kotak Mah. Bank	2.69%	1070000	41.97	Equity	Banks
Larsen & Toubro	2.42%	90942	37.68	Equity	Infrastructure Developers & Operators
Axis Bank	2.19%	254000	34.18	Equity	Banks
Avenue Super.	2.12%	75500	33.07	Equity	Retail
Reliance Industr	1.91%	230000	29.76	Equity	Refineries
Eternal	1.75%	1030000	27.25	Equity	E-Commerce/App based Aggregator

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Quant Flexi Cap Fund - Direct (G)	7140.12	-1.22%	5.40%	16.28%	11.80%	17.75%
Quant Flexi Cap Fund - Direct (IDCW)	7140.12	-1.22%	5.40%	16.28%	11.80%	17.72%
Bank of India Flexi Cap Fund - Direct (G)	2615.05	0.66%	3.92%	10.56%	9.10%	21.50%
Bank of India Flexi Cap Fund - Direct (IDCW)	2615.05	0.63%	3.91%	10.54%	9.07%	21.47%
ITI Flexi Cap Fund - Direct (G)	1412.22	-0.02%	7.35%	10.19%	8.70%	19.39%

List of Schemes under Mahindra Manulife Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Mahindra Manulife Multi Cap Fund	Equity	Very High	6.6%	3	₹0.00
Mahindra Manulife Large Cap Fund	Equity	Very High	-2.84%	4	₹699.82
Mahindra Manulife Large & Mid Cap Fund	Equity	Very High	1.42%	3	₹2,763.07
Mahindra Manulife Mid Cap Fund	Equity	Very High	9.9%	4	₹5,075.66
Mahindra Manulife Small Cap Fund	Equity	Very High	9.64%	0	₹4,930.36
Mahindra Manulife Focused Fund	Equity	Very High	1.8%	4	₹2,197.89
Mahindra Manulife Consumption Fund	Equity	Very High	-1.97%	2	₹494.00
Mahindra Manulife Manufacturing Fund	Equity	Very High	7.08%	0	₹677.34
Mahindra Manulife Banking & Financial Services Fund	Equity	Very High	8.34%	0	₹450.83
Mahindra Manulife Innovation Opportunities Fund	Equity	Very High	0%	0	₹205.55
Mahindra Manulife ELSS Tax Saver Fund	Equity	Very High	-2.99%	3	₹884.16
Mahindra Manulife Overnight Fund	Debt	Low	5.32%	3	₹249.44
Mahindra Manulife Liquid Fund	Debt	Moderate	6.37%	3	₹1,131.65
Mahindra Manulife Ultra Short Duration Fund	Debt	Moderately Low	6.47%	4	₹204.83
Mahindra Manulife Low Duration Fund	Debt	Moderate	6.36%	4	₹528.35
Mahindra Manulife Short Duration Fund	Debt	Moderate	6.06%	4	₹81.18
Mahindra Manulife Dynamic Bond Fund	Debt	Moderate	4.84%	3	₹54.40
Mahindra Manulife Aggressive Hybrid Fund	Hybrid	Very High	-0.37%	4	₹2,451.27
Mahindra Manulife Balanced Advantage Fund	Hybrid	Moderately High	2.9%	3	₹903.94
Mahindra Manulife Multi Asset Allocation Fund	Hybrid	High	15.19%	0	₹1,151.64
Mahindra Manulife Arbitrage Fund	Hybrid	Low	6.18%	2	₹126.38
Mahindra Manulife Equity Savings Fund	Hybrid	Moderately High	6.35%	2	₹530.48
Mahindra Manulife Asia Pacific REITs FOF	Other	Very High	17.58%	0	₹40.58
Mahindra Manulife Income Plus Arbitrage Active FOF	Other	Moderately Low	0%	0	₹18.10
Mahindra Manulife Flexi Cap Fund	Equity	Very High	-1.66%	4	₹1,559.38

News

Mahindra Manulife Mutual Fund announces change in fund manager under its schemes

Mahindra Manulife Mutual Fund has announced change in fund manager under the following schemes, With effect from 21 July 2026.

Change in Fund Manager:

Name of the Scheme(s)	Existing Fund Manager	New Fund Manager
Mahindra Manulife ELSS Tax Saver Fund	1. Ms. Fatema Pacha 2. Mr. Neelesh Dhamnaskar	Mr. Neelesh Dhamnaskar
Mahindra Manulife Flexi Cap Fund	1. Ms. Fatema Pacha 2. Mr. Neelesh Dhamnaskar	1. Mr. Neelesh Dhamnaskar 2. Ms. Kirti Dalvi
Mahindra Manulife Focused Fund	1. Mr. Krishna Sanghavi 2. Ms. Fatema Pacha	1. Mr. Krishna Sanghavi 2. Ms. Kirti Dalvi
Mahindra Manulife Large Cap Fund	1. Ms. Fatema Pacha 2. 2. Ms. Kirti Dalvi	Ms. Kirti Dalvi
Mahindra Manulife Multi Cap Fund	1. Mr. Vishal Jajoo 2. Ms. Fatema Pacha	1. Mr. Vishal Jajoo 2. Mr. Neelesh Dhamnaskar
Mahindra Manulife Consumption Fund	1. Mr. Navin Matta 2. Ms. Fatema Pacha	Mr. Navin Matta
Mahindra Manulife Aggressive Hybrid Fund	1. Ms. Fatema Pacha (Equity Portion) 2. Ms. Kirti Dalvi (Equity Portion) 3. Mr. Rahul Pal (Debt Portion) 4. Mr. Amit Garg (Debt Portion)	1. Ms. Kirti Dalvi (Equity Portion) 2. Mr. Vishal Jajoo (Equity Portion) 3. Mr. Rahul Pal (Debt Portion) 4. Mr. Amit Garg (Debt Portion)
Mahindra Manulife Balanced Advantage Fund	1. Mr. Neelesh Dhamnaskar (Equity Portion) 2. Ms. Fatema Pacha(Equity Portion) 3. Mr. Rahul Pal (Debt Portion) 4. Mr. Amit Garg (Debt Portion)	1. Mr. Neelesh Dhamnaskar (Equity Portion) 2. Mr. Rahul Pal (Debt Portion) 3. Mr. Amit Garg (Debt Portion)

Powered by Capital Market - Live News

Mahindra Manulife MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mahindra Manulife Mutual Fund has announced 21 July 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Mahindra Manulife Arbitrage Fund:
Regular Plan ' IDCW: 0.60
Direct Plan ' IDCW: 0.60
Powered by Capital Market - Live News

Mahindra Manulife MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mahindra Manulife Mutual Fund has announced 07 July 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Mahindra Manulife Aggressive Hybrid Fund:
Regular Plan Monthly ' IDCW: 0.18
Direct Plan Monthly ' IDCW: 0.18
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

July 30, 2021

Total AUM (Cr)

₹1559.38

Mahindra Manulife Flexi Cap Fund (IDCW) is an Flexi Cap Fund-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in July 30, 2021, this fund is managed by Neelesh Dhamnaskar. With assets under management (AUM) worth ₹1,559.38 (Cr), as of July 23, 2026, Mahindra Manulife Flexi Cap Fund (IDCW) is categorized as a Flexi Cap Fund within its segment. The fund has generated a return of 9.71% since its launch.
The current NAV of Mahindra Manulife Flexi Cap Fund (IDCW) is ₹12.38, as on July 23, 2026. The fund's benchmark index is Nifty 500 TRI. You can invest in Mahindra Manulife Flexi Cap Fund (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 9.89% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 94.98% in Equity, 3.86% in Debt and 1.16% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 22.37% in Banks, 8.43% in IT-Software, 6.89% in Retailing, 6.68% in Consumer Durables, 6.38% in Pharmaceuticals & Biotech

Mutual Fund Categories

Mutual Fund Calculators

View All

SIP Calculator

Compute the future value of your SIP investments

Lumpsum Calculator

Calculate lumpsum investment corpus

SWP Calculator

Calculate the future value of your SWP Investments