Mutual Funds
AMC
Mahindra Manulife Mid Cap Fund - Direct (IDCW)

Mahindra Manulife Mid Cap Fund - Direct (IDCW)

NAV
31.04(-0.01%)
Fund Size (CR)
₹4,294.84
Expense Ratio
0.46
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% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
18.41%

Absolute Return: 1.37%

Annualized Return: 0%

1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment

Basic Details

Scheme Manager

Krishna Sanghavi

Bench Mark

Nifty Midcap 150 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	2 February 2026	10420.92	4.21%	-	4.73%	102/127
1 Month	9 January 2026	10130.09	1.30%	-	1.48%	75/127
3 Month	7 November 2025	10221.04	2.21%	-	-0.00%	25/127
6 Month	8 August 2025	10747.14	7.47%	-	4.75%	29/123
1 Year	7 February 2025	11173.07	11.73%	11.73%	10.82%	67/119
3 Year	9 February 2023	20278.79	102.79%	26.55%	22.68%	18/119
5 Year	9 February 2021	29148.64	191.49%	23.84%	20.08%	13/99
Since Inception	30 January 2018	38856.60	288.57%	18.41%	18.40%	69/127

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	3 March 2025	1,20,000	159901.23	33.25%	33.25%
3 Year	1 March 2023	3,60,000	549400.09	52.61%	15.13%
5 Year	1 March 2021	6,00,000	1101847.52	83.64%	12.93%
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

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.40%

Standard Deviation

0.95%

Beta

1.24%

Sharpe Ratio

0.03%

Treynor's Ratio

2.50%

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
Glenmark Pharma.	3.11%	657310	132.51	Equity	Pharmaceuticals
Federal Bank	2.81%	4165000	119.85	Equity	Banks
Piramal Finance.	2.66%	650383	113.39	Equity	Finance
Union Bank (I)	2.63%	6200000	112.07	Equity	Banks
IndusInd Bank	2.57%	1225000	109.77	Equity	Banks
Indus Towers	2.56%	2459558	109.28	Equity	Telecom Equipment & Infra Services
Max Financial	2.55%	673165	108.62	Equity	Miscellaneous
IDFC First Bank	2.49%	12725000	106.36	Equity	Banks
AIA Engineering	2.48%	265525	105.92	Equity	Castings, Forgings & Fastners
Indian Bank	2.43%	1137543	103.71	Equity	Banks

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mahindra Manulife Mid Cap Fund - Direct (IDCW)	4294.84	1.30%	2.21%	7.47%	11.73%	26.55%
ICICI Pru MidCap Fund - Direct (IDCW)	7132.04	4.65%	5.57%	11.79%	22.08%	26.17%
ICICI Pru MidCap Fund - Direct (G)	7132.04	4.66%	5.57%	11.80%	22.08%	26.17%
Invesco India Midcap Fund - Direct (G)	10296.36	1.28%	-1.55%	3.41%	17.08%	28.64%
Invesco India Midcap Fund - Direct (IDCW)	10296.36	1.29%	-1.54%	3.41%	17.02%	28.62%
Mirae Asset Midcap Fund - Direct (IDCW)	18409.26	0.49%	-0.35%	7.35%	16.58%	22.40%

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	12.32%	3	₹6,045.74
Mahindra Manulife Large Cap Fund	Equity	Very High	11.63%	4	₹739.65
Mahindra Manulife Large & Mid Cap Fund	Equity	Very High	9.75%	3	₹2,738.71
Mahindra Manulife Mid Cap Fund	Equity	Very High	11.77%	4	₹4,267.43
Mahindra Manulife Small Cap Fund	Equity	Very High	8.35%	0	₹3,994.87
Mahindra Manulife Value Fund	Equity	Very High	0%	0	₹678.95
Mahindra Manulife Focused Fund	Equity	Very High	11.68%	4	₹2,207.80
Mahindra Manulife Consumption Fund	Equity	Very High	3.95%	2	₹511.89
Mahindra Manulife Business Cycle Fund	Equity	Very High	15.69%	0	₹1,289.75
Mahindra Manulife Manufacturing Fund	Equity	Very High	13.19%	0	₹685.42
Mahindra Manulife Banking & Financial Services Fund	Equity	Very High	0%	0	₹404.91
Mahindra Manulife Innovation Opportunities Fund	Equity	Very High	0%	0	₹151.70
Mahindra Manulife ELSS Tax Saver Fund	Equity	Very High	10.86%	3	₹938.26
Mahindra Manulife Overnight Fund	Debt	Low	5.67%	3	₹136.57
Mahindra Manulife Liquid Fund	Debt	Moderate	6.46%	3	₹1,158.64
Mahindra Manulife Ultra Short Duration Fund	Debt	Moderately Low	6.96%	4	₹210.12
Mahindra Manulife Low Duration Fund	Debt	Moderate	7.45%	4	₹581.52
Mahindra Manulife Short Duration Fund	Debt	Moderate	7.6%	4	₹89.21
Mahindra Manulife Dynamic Bond Fund	Debt	Moderate	6.32%	3	₹74.10
Mahindra Manulife Aggressive Hybrid Fund	Hybrid	Very High	10.93%	4	₹2,114.91
Mahindra Manulife Balanced Advantage Fund	Hybrid	Moderately High	8.44%	3	₹912.79
Mahindra Manulife Multi Asset Allocation Fund	Hybrid	High	24.51%	0	₹1,028.28
Mahindra Manulife Arbitrage Fund	Hybrid	Low	6.23%	2	₹97.27
Mahindra Manulife Equity Savings Fund	Hybrid	Moderately High	10.03%	2	₹555.78
Mahindra Manulife Asia Pacific REITs FOF	Other	Very High	29.93%	0	₹44.06
Mahindra Manulife Income Plus Arbitrage Active FOF	Other	Moderately Low	0%	0	₹26.51
Mahindra Manulife Flexi Cap Fund	Equity	Very High	10.7%	4	₹1,549.15

News

Mahindra Manulife MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mahindra Manulife Mutual Fund has announced 09 February 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
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Mahindra Manulife MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mahindra Manulife Mutual Fund has announced 07 January 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
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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 01 January 2026.

Change in Fund Manager:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mahindra Manulife Low Duration Fund	Mr. Rahul Pal	1. Mr. Rahul Pal 2. Amit Garg
Mahindra Manulife Short Duration Fund	Mr. Rahul Pal	1. Mr. Rahul Pal 2. Mr. Kush Sonigara
Mahindra Manulife Dynamic Bond Fund	Mr. Rahul Pal	Mr. Rahul Pal 2. Mr. Kush Sonigara
Mahindra Manulife Balanced Advantage Fund	1. Ms. Fatema Pacha 2. Mr. Rahul Pal	1. Ms. Fatema Pacha 2. Mr. Rahul Pal 3. Mr. Amit Garg
Mahindra Manulife Multi Asset Allocation Fund	1. Mr. Renjith Sivaram 2. Mr. Rahul Pal	1. Mr. Renjith Sivaram 2. Mr. Rahul Pal 3. Mr. Kush Sonigara
Mahindra Manulife Equity Savings Fund	1. Mr. Renjith Sivaram 2. Mr. Rahul Pal	1. Mr. Renjith Sivaram 2. Mr. Rahul Pal 3. Mr. Kush Sonigara

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Fund House Details & Investment Objective

Date of Incorporation

8 January 2018

Total AUM (Cr)

₹4267.43

Mahindra Manulife Mid Cap Fund - Direct (IDCW) is an Mid Cap Fund-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in 8 January 2018, this fund is managed by Krishna Sanghavi. With assets under management (AUM) worth ₹4,267.43 (Cr), as of 10 February 2026, Mahindra Manulife Mid Cap Fund - Direct (IDCW) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 18.41% since its launch.
The current NAV of Mahindra Manulife Mid Cap Fund - Direct (IDCW) is ₹31.04, as on 10 February 2026. The fund's benchmark index is Nifty Midcap 150 TRI. You can invest in Mahindra Manulife Mid Cap Fund - Direct (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 26.55% and 23.84% 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 97.90% in Equity, 2.10% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 11.30% in Banks, 9.82% in Pharmaceuticals & Biotech, 9.66% in Finance, 9.46% in Industrial Products, 8.71% in Auto Components