Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW)

Multi Asset Allocation

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NAV
13.82(0.29%)
Fund Size (CR)
₹1,028.28
Expense Ratio
0.25
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
0.5%
Return Since Launch
19.22%

Absolute Return: 5.27%

Annualized Return: 0%

Basic Details

Scheme Manager

Renjith Sivaram

Bench Mark

45% NIFTY 500 TRI + 40% CRISIL Composite Bond Index + 10% Domestic Price of Physical Gold + 5% Domestic Price of Silver (First Tier Benchmark)

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	17 February 2026	10017.62	0.18%	-	0.44%	100/132
1 Month	23 January 2026	10171.50	1.72%	-	1.75%	67/132
3 Month	24 November 2025	10498.90	4.99%	-	5.69%	73/124
6 Month	22 August 2025	11421.73	14.22%	-	12.31%	30/120
1 Year	24 February 2025	12762.77	27.63%	27.63%	23.64%	23/108
3 Year	-	-	-	-	-	-/-
5 Year	-	-	-	-	-	-/-
Since Inception	13 March 2024	14097.50	40.98%	19.22%	15.27%	31/132

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	139326.67	16.11%	16.11%
3 Year	-	-	-	-	-
5 Year	-	-	-	-	-
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%.

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Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

2.14%

Standard Deviation

0.53%

Beta

1.66%

Sharpe Ratio

0.14%

Treynor's Ratio

10.55%

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
HDFC Bank	3.67%	406146	37.74	Equity	Banks
ICICI Bank	2.82%	213700	28.96	Equity	Banks
Reliance Industr	2.29%	168820	23.56	Equity	Refineries
Bharti Airtel	2.18%	113800	22.40	Equity	Telecom-Service
SBI	2.15%	205400	22.12	Equity	Banks
Infosys	1.92%	120404	19.76	Equity	IT - Software
Larsen & Toubro	1.78%	46500	18.29	Equity	Infrastructure Developers & Operators
Divi's Lab.	1.55%	26420	15.99	Equity	Pharmaceuticals
Axis Bank	1.52%	114000	15.62	Equity	Banks
Tech Mahindra	1.36%	80300	14.00	Equity	IT - Software

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW)	1028.28	1.72%	4.99%	14.22%	27.63%	-
Kotak Multi Asset Allocation Fund - Direct (IDCW)	12100.58	0.48%	10.77%	20.53%	35.04%	-
Kotak Multi Asset Allocation Fund - Direct (G)	12100.58	0.48%	10.76%	20.53%	35.03%	-
HSBC Multi Asset Allocation Fund - Direct (IDCW)	2693.31	3.22%	7.28%	13.69%	31.85%	-
HSBC Multi Asset Allocation Fund - Direct (G)	2693.31	3.22%	7.28%	13.69%	31.85%	-
Aditya Birla SL Multi Asset Allocation Fund-Dir (IDCW)	6111.84	4.27%	10.35%	16.95%	31.33%	22.27%

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	18.41%	3	₹6,045.74
Mahindra Manulife Large Cap Fund	Equity	Very High	14.23%	4	₹739.65
Mahindra Manulife Large & Mid Cap Fund	Equity	Very High	15.18%	3	₹2,738.71
Mahindra Manulife Mid Cap Fund	Equity	Very High	18.88%	4	₹4,267.43
Mahindra Manulife Small Cap Fund	Equity	Very High	13.43%	0	₹3,994.87
Mahindra Manulife Value Fund	Equity	Very High	0%	0	₹678.95
Mahindra Manulife Focused Fund	Equity	Very High	15.96%	4	₹2,207.80
Mahindra Manulife Consumption Fund	Equity	Very High	9.65%	2	₹511.89
Mahindra Manulife Business Cycle Fund	Equity	Very High	20.41%	0	₹1,289.75
Mahindra Manulife Manufacturing Fund	Equity	Very High	21.1%	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	14.58%	3	₹938.26
Mahindra Manulife Overnight Fund	Debt	Low	5.61%	3	₹208.93
Mahindra Manulife Liquid Fund	Debt	Moderate	6.43%	3	₹1,254.43
Mahindra Manulife Ultra Short Duration Fund	Debt	Moderately Low	6.93%	4	₹212.62
Mahindra Manulife Low Duration Fund	Debt	Moderate	7.44%	4	₹574.98
Mahindra Manulife Short Duration Fund	Debt	Moderate	7.78%	4	₹89.37
Mahindra Manulife Dynamic Bond Fund	Debt	Moderate	6.87%	3	₹73.69
Mahindra Manulife Aggressive Hybrid Fund	Hybrid	Very High	13.9%	4	₹2,114.91
Mahindra Manulife Balanced Advantage Fund	Hybrid	Moderately High	12.07%	3	₹912.79
Mahindra Manulife Multi Asset Allocation Fund	Hybrid	High	27.63%	0	₹1,028.28
Mahindra Manulife Arbitrage Fund	Hybrid	Low	6.29%	2	₹97.27
Mahindra Manulife Equity Savings Fund	Hybrid	Moderately High	11.77%	2	₹555.78
Mahindra Manulife Asia Pacific REITs FOF	Other	Very High	31.67%	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	14.34%	4	₹1,549.15

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 16 February 2026.

Change in Fund Manager:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mahindra Manulife ELSS Tax Saver Fund	Ms. Fatema Pacha	1. Ms. Fatema Pacha 2. Mr. Neelesh Dhamnaskar
Mahindra Manulife Flexi Cap Fund	Ms. Fatema Pacha	1. Ms. Fatema Pacha 2. Mr. Neelesh Dhamnaskar
Mahindra Manulife Large & Mid Cap Fund	Ms. Kirti Dalvi	1. Mr. Neelesh Dhamnaskar 2. Ms. Kirti Dalvi
Mahindra Manulife Mid Cap Fund	1. Ms. Kirti Dalvi 2. Mr. Krishna Sanghavi	1. Ms. Kirti Dalvi 2. Mr. Neelesh Dhamnaskar 3. Mr. Krishna Sanghavi
Mahindra Manulife Small Cap Fund	1. Mr. Vishal Jajoo 2. Mr. Krishna Sanghavi	1. Mr. Vishal Jajoo 2. Mr. Neelesh Dhamnaskar 3. Mr. Krishna Sanghavi
Mahindra Manulife Balanced Advantage Fund	1. Ms. Fatema Pacha (Equity portion) 2. Mr. Rahul Pal (Debt portion) 3. Mr. Amit Garg (Debt Portion)	1. Mr. Neelesh Dhamnaskar (Equity portion) 2. Ms. Fatema Pacha (Equity portion) 3. Mr. Rahul Pal (Debt portion) 4. Mr. Amit Garg (Debt portion)

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Mahindra Manulife Mutual Fund announces change in Key Personnel
Mahindra Manulife Mutual Fund has announced that Mr. Neelesh Dhamnaskar has been appointed as Fund Manager - Equity with effect from February 10, 2026 ('Effective Date').
Details of Mr. Neelesh Dhamnaskar
Age: 45 years
Designation: Fund Manager - Equity
Qualification: B COM & MMS (Finance)
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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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Fund House Details & Investment Objective

Date of Incorporation

20 February 2024

Total AUM (Cr)

₹1028.28

Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW) is an Multi Asset Allocation-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in 20 February 2024, this fund is managed by Renjith Sivaram. With assets under management (AUM) worth ₹1,028.28 (Cr), as of 25 February 2026, Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 19.22% since its launch.
The current NAV of Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW) is ₹13.82, as on 25 February 2026. The fund's benchmark index is 45% NIFTY 500 TRI + 40% CRISIL Composite Bond Index + 10% Domestic Price of Physical Gold + 5% Domestic Price of Silver (First Tier Benchmark). You can invest in Mahindra Manulife Multi Asset Allocation Fund-Dir (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 undefined% 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 56.56% in Equity, 23.93% in Debt and 19.51% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 24.76% in Debt, 18.55% in Others, 10.66% in Banks, 4.57% in IT-Software, 3.84% in Pharmaceuticals & Biotech