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Mahindra Manulife Mid Cap Fund - Direct (IDCW)

Mid Cap Fund
Invest Now

  • NAV

    30.49(0.40%)

  • Fund Size (CR)

    ₹3,775.59

  • Expense Ratio

    0.45

  • 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% - 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.

    1%

  • Return Since Launch

    19.74%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: 11.91%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Krishna Sanghavi

Bench Mark

Nifty Midcap 150 TRI

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 20 June 202510329.533.30%-2.57%6/123
1 Month27 May 202510370.933.71%-4.50%90/123
3 Month27 March 202511093.2910.93%-12.96%106/123
6 Month27 December 202410184.011.84%-1.88%67/119
1 Year27 June 202410528.965.29%5.29%6.10%73/119
3 Year27 June 202222905.82129.06%31.79%27.72%18/103
5 Year26 June 202039926.68299.27%31.86%29.65%26/99
Since Inception30 January 201838010.60280.11%19.74%20.43%57/123

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 July 20241,20,000153693.1728.08% 28.08%
3 Year1 July 20223,60,000615272.4870.91% 19.56%
5 Year1 July 20206,00,0001263588.00110.60% 16.06%
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 (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.76%

Standard Deviation

0.95%

Beta

1.22%

Sharpe Ratio

0.01%

Treynor's Ratio

1.86%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Max Healthcare3.28%1100000123.77EquityHealthcare
Indian Bank2.60%159000098.04EquityBanks
Tube Investments2.50%30783694.26EquitySteel
APL Apollo Tubes2.30%47842186.68EquitySteel
Bharti Hexacom2.13%44000080.55EquityTelecomm-Service
Uno Minda2.12%79417779.95EquityAuto Ancillaries
Reliance Industr2.07%55000078.15EquityRefineries
Federal Bank2.01%375000075.77EquityBanks
Marico1.93%101500072.72EquityFMCG
Piramal Enterp.1.91%65038372.08EquityFinance

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y

List of Schemes under Mahindra Manulife Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingsFund Size (Cr)
Mahindra Manulife Ultra Short Duration FundDebtModerately Low7.95%4₹204.17
Mahindra Manulife Equity Savings FundHybridModerately High7.3%2₹569.61
Mahindra Manulife Aggressive Hybrid FundHybridVery High10.55%4₹1,705.40
Mahindra Manulife Mid Cap FundEquityVery High5.32%4₹3,775.59
Mahindra Manulife Small Cap FundEquityVery High3.15%0₹3,841.36
Mahindra Manulife Liquid FundDebtModerate7.28%4₹1,284.63
Mahindra Manulife Banking & Financial Services FundEquityVery High0%0₹0.00
Mahindra Manulife Asia Pacific REITs FOFOtherVery High20.43%0₹24.69
Mahindra Manulife Consumption FundEquityVery High2.2%2₹495.23
Mahindra Manulife Large Cap FundEquityVery High7.62%4₹674.78
Mahindra Manulife Balanced Advantage FundHybridModerately High7.38%3₹905.31
Mahindra Manulife Arbitrage FundHybridLow6.33%2₹97.45
Mahindra Manulife Flexi Cap FundEquityVery High7.14%4₹1,502.07
Mahindra Manulife Overnight FundDebtLow6.42%3₹128.23
Mahindra Manulife ELSS Tax Saver FundEquityVery High6.91%3₹949.88
Mahindra Manulife Focused FundEquityVery High5.04%4₹2,111.62
Mahindra Manulife Value FundEquityVery High0%0₹383.28
Mahindra Manulife Business Cycle FundEquityVery High4.07%0₹1,219.78
Mahindra Manulife Short Duration FundDebtModerate9.7%3₹77.63
Mahindra Manulife Low Duration FundDebtModerate8.49%4₹624.80
Mahindra Manulife Manufacturing FundEquityVery High-1.26%0₹873.49
Mahindra Manulife Multi Cap FundEquityVery High6.43%2₹5,408.48
Mahindra Manulife Multi Asset Allocation FundHybridHigh12.27%0₹599.89
Mahindra Manulife Large & Mid Cap FundEquityVery High4.07%3₹2,629.05
Mahindra Manulife Dynamic Bond FundDebtModerate9.2%2₹104.84

News

  • Mahindra Manulife Mutual Fund announces Change in Designation of Key Personnel

    Mahindra Manulife Mutual Fund has announced note that, Mr. Ashwani Wadhwa and Mr. Nitesh Chhabra have been redesignated as 'Co- Head ' Distribution' and shall also act as Key Personnel of MMIMPL with effect from December 23, 2024.

    Details of Mr. Ashwani Wadhwa

    Designation: Co - Head - Distribution

    Details of Mr. Nitesh Chhabra

    Designation: Co - Head - Distribution

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

8 January 2018

Total AUM (Cr)

₹3775.59

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 ₹3,775.59 (Cr), as of 30 June 2025, Mahindra Manulife Mid Cap Fund - Direct (IDCW) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 19.74% since its launch.
The current NAV of Mahindra Manulife Mid Cap Fund - Direct (IDCW) is ₹30.49, as on 30 June 2025. 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:
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 31.79% and 31.86% 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 97.35% in Equity, 2.12% in Debt and 0.53% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 10.98% in Banks, 10.22% in Auto Components, 7.44% in Pharmaceuticals & Biotech, 7.36% in Finance, 6.82% in Consumer Durables

FAQs

How to Invest in Mahindra Manulife Mid Cap Fund - Direct (IDCW) Direct Growth?

Mahindra Manulife Mid Cap Fund - Direct (IDCW) is a popular fund in the Mid Cap Fund segment. The fund has generated a return of 19.74% since inception. Looking to invest in Mahindra Manulife Mid Cap Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mahindra Manulife Mid Cap Fund - Direct (IDCW) 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 on Mutual Funds, Delivery & IPO.
  • 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 (IDCW)
  • 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: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode 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: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

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

How much returns has Mahindra Manulife Mid Cap Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Mahindra Manulife Mid Cap Fund - Direct (IDCW) has generated annualised return of 5.29%. In the long-term, the fund has generated 31.79% and 31.86% in 3 and 5 years respectively. Since its inception, the fund has generated 19.74% returns.

What is the expense ratio of Mahindra Manulife Mid Cap Fund - Direct (IDCW) Direct Growth?

The expense ratio of Mahindra Manulife Mid Cap Fund - Direct (IDCW) Direct Growth is 0.45%. 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.

What is the AUM of Mahindra Manulife Mid Cap Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Mahindra Manulife Mid Cap Fund - Direct (IDCW) is ₹3,775.59 (Cr) as of 2025-06-30 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mahindra Manulife Mid Cap Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Mahindra Manulife Mid Cap Fund - Direct (IDCW) 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 (IDCW):
  • 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 (IDCW)).
  • 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).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.