Mahindra Manulife Mid Cap Fund - Direct (G)


Mid Cap Fund
  • NAV 31.20 (1.35%)
  • Fund Size (Cr) ₹2073.95
  • Expense Ratio 0.5
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹1000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹1000
  • Exit Load 1%
  • Return Since Launch 20.29%

Basic Details

Scheme Manager
Abhinav Khandelwal
Bench Mark
Nifty Midcap 150 TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 23-Feb-24
  • 9983.91
  • -0.16%
  • -
  • -0.51%
  • 18/119
  • 1 Month
  • 01-Feb-24
  • 10243.24
  • 2.43%
  • -
  • 2.29%
  • 51/119
  • 3 Month
  • 01-Dec-23
  • 11440.45
  • 14.40%
  • -
  • 10.44%
  • 11/119
  • 6 Month
  • 01-Sep-23
  • 12410.08
  • 24.10%
  • -
  • 19.35%
  • 18/119
  • 1 Year
  • 01-Mar-23
  • 16108.11
  • 61.08%
  • 61.08%
  • 48.19%
  • 8/119
  • 3 Year
  • 01-Mar-21
  • 21787.34
  • 117.87%
  • 29.64%
  • 24.45%
  • 12/99
  • 5 Year
  • 01-Mar-19
  • 33317.32
  • 233.17%
  • 27.21%
  • 23.40%
  • 8/91
  • Since Inception
  • 30-Jan-18
  • 30784.20
  • 207.84%
  • 20.29%
  • 21.82%
  • 55/119

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Apr-23
  • 120000
  • 154983.74
  • 29.15%
  • 29.15%
  • 3 Year
  • 01-Apr-21
  • 360000
  • 573323.58
  • 59.26%
  • 16.78%
  • 5 Year
  • 01-Apr-19
  • 600000
  • 1320606.43
  • 120.10%
  • 17.09%
  • 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

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Risk Ratios

  • Standard Deviation
    4.62%
  • Beta
    0.99%
  • Sharpe Ratio
    1.54%
  • Treynor’s Ratio
    0.22%
  • Jension’s Alpha
    2.07%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • REC Ltd
  • 3.91%
  • 1623000
  • 81.00
  • Equity
  • Finance
  • NHPC Ltd
  • 2.94%
  • 6700000
  • 60.94
  • Equity
  • Power Generation & Distribution
  • Lupin
  • 2.54%
  • 350000
  • 52.69
  • Equity
  • Pharmaceuticals
  • Aurobindo Pharma
  • 2.39%
  • 430000
  • 49.47
  • Equity
  • Pharmaceuticals
  • Indus Towers
  • 2.36%
  • 2207000
  • 48.98
  • Equity
  • Telecomm Equipment & Infra Services
  • Max Healthcare
  • 2.21%
  • 587956
  • 45.91
  • Equity
  • Healthcare
  • Indian Bank
  • 2.21%
  • 920000
  • 45.89
  • Equity
  • Banks
  • Federal Bank
  • 2.13%
  • 3000000
  • 44.19
  • Equity
  • Banks
  • Godrej Industrie
  • 2.13%
  • 490000
  • 44.10
  • Equity
  • Chemicals
  • Persistent Sys
  • 2.12%
  • 52590
  • 43.93
  • Equity
  • IT - Software

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Mahindra Manulife Mid Cap Fund - Direct (G)
  • Stars
  • 2073.95
  • 2.43%
  • 14.40%
  • 24.10%
  • 61.08%
  • 29.64%
  • Quant Mid Cap Fund - Direct (G)
  • Stars
  • 4857.91
  • 4.64%
  • 18.62%
  • 32.20%
  • 64.30%
  • 39.58%
  • Quant Mid Cap Fund - Direct (IDCW)
  • Stars
  • 4857.91
  • 4.64%
  • 18.62%
  • 32.20%
  • 64.30%
  • 39.34%
  • ITI Mid Cap Fund - Direct (G)
  • Stars
  • 680.95
  • 2.86%
  • 18.67%
  • 30.97%
  • 61.30%
  • -
  • ITI Mid Cap Fund - Direct (IDCW)
  • Stars
  • 680.95
  • 2.86%
  • 18.67%
  • 30.97%
  • 61.30%
  • -
  • Mahindra Manulife Mid Cap Fund - Direct (IDCW)
  • Stars
  • 2073.95
  • 2.43%
  • 14.40%
  • 24.10%
  • 61.08%
  • 29.65%

News

  • Mahindra Manulife Mutual Fund Announces change in fund manager Mahindra Manulife MF has announced change in fund manager under the following scheme, with effect from 05 January 2024.

    Change in Fund Management Responsibilities:

    Scheme Name Existing Dedicated Fund Manager for Overseas Investments New Dedicated Fund Manager for Overseas Investments
    Mahindra Manulife Equity Savings Fund , Mahindra Manulife Asia Pacific REITs FOF , Mahindra Manulife Short Duration Fund , Mahindra Manulife Business Cycle Fund Mr. Kush Sonigara Mr. Pranav Patel

    Powered by Capital Market - Live News

  • Mahindra Manulife MF Announces change in scheme name Mahindra Manulife Mutual Fund has announced change in scheme name under the following scheme, with effect from 20 November 2023:

    Change in the name of the Scheme:

    Existing Name Revised Name
    Mahindra Manulife ELSS Fund Mahindra Manulife ELSS Tax Saver Fund

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 08-Jan-2018
  • Total AUM (Cr) ₹2073.95

Mahindra Manulife Mid Cap Fund - Direct (G) is an Mid Cap Fund-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in Jan 2018, this fund is managed by Abhinav Khandelwal. With assets under management (AUM) worth ₹2073.95 (Cr), as of 04-Mar-2024, Mahindra Manulife Mid Cap Fund - Direct (G) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 20.29% since its launch.
The current NAV of Mahindra Manulife Mid Cap Fund - Direct (G) is ₹31.20, as on 04-Mar-2024. The fund’s benchmark index is Nifty Midcap 150 TRI. You can invest in Mahindra Manulife Mid Cap Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹1000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1% - If Units are redeemed/switched-out upto 3 months from the date of allotment. Nil - If Units are redeemed/switched-out after 3 months from the date of allotment.
The fund has generated 29.64% and 27.21% 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 96.74% in Equity, 3.3% in Debt and -0.04% in cash and cash equivalents
The top 5 sectors the fund invests in are: 12.91% in Finance, 7.77% in Pharmaceuticals & Biotech, 6.79% in Auto Components, 5.76% in Banks and 5.57% in IT-Software.

FAQs on Mahindra Manulife Mid Cap Fund - Direct (G)

Mahindra Manulife Mid Cap Fund - Direct (G) is a popular fund in the Mid Cap Fund segment. The fund has generated a return of 20.29% since inception. Looking to invest in Mahindra Manulife Mid Cap Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Mahindra Manulife Mid Cap Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Mahindra Manulife Mid Cap Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mahindra Manulife Mid Cap Fund - Direct (G) today and reap the benefits of this Mid Cap Fund fund!

In the short term, i.e., 1 year, Mahindra Manulife Mid Cap Fund - Direct (G) has generated annualised return of 61.08%. In the long-term, the fund has generated 29.64% and 27.21% in 3 and 5 years respectively. Since its inception, the fund has generated 20.29% returns.

The expense ratio of Mahindra Manulife Mid Cap Fund - Direct (G) Direct Growth is 0.5%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of Mahindra Manulife Mid Cap Fund - Direct (G) is ₹2073.95 (Cr) as of 04 March 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Mahindra Manulife Mid Cap Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mahindra Manulife Mid Cap Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Mahindra Manulife Mid Cap Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in Mahindra Manulife Mid Cap Fund - Direct (G). Minimum lumpsum investment Mahindra Manulife Mid Cap Fund - Direct (G) is ₹1000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of Mahindra Manulife Mid Cap Fund - Direct (G) is ₹31.20 as on 04 March 2024.

The 5 biggest stock holdings of Mahindra Manulife Mid Cap Fund - Direct (G) are:
REC Ltd (3.91%), NHPC Ltd (2.94%), Lupin (2.54%), Aurobindo Pharma (2.39%), Indus Towers (2.36%)

A majority of Mahindra Manulife Mid Cap Fund - Direct (G) 's AUM worth ₹2073.95 (Cr) is invested in these 3 top sectors:

  • Finance: 12.91%
  • Pharmaceuticals & Biotech: 7.77%
  • Auto Components: 6.79%

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