Mahindra Manulife Multi Asset Allocation Fund-Reg (IDCW)

Mahindra Manulife Multi Asset Allocation Fund-Reg (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 ₹630.13 (Cr), as of 28 August 2025, Mahindra Manulife Multi Asset Allocation Fund-Reg (IDCW) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 13.37% since its launch.
The current NAV of Mahindra Manulife Multi Asset Allocation Fund-Reg (IDCW) is ₹11.69, as on 28 August 2025. 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-Reg (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:
0.5% - 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 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 64.62% in Equity, 17.14% in Debt and 18.24% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 17.14% in Debt, 17.00% in Others, 12.06% in Banks, 4.82% in IT-Software, 3.83% in Pharmaceuticals & Biotech