CASPeR Ranking #49
Mahindra Manulife Flexi Cap Fund Direct Growth
NAV (Mon Sep 16 2024)
₹18
Returns (Since Inception)
20.92%
Category Average
18.83%
Rating
4
Allocation and Holdings
Asset class
Weightage
Financial Services
20.81%
Technology
9.83%
Energy
4.29%
Industrials
6.00%
Consumer Defensive
2.57%
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Overall rating
Scheme Information
Fund name
Mahindra Manulife Flexi Cap Fund Direct Growth
Minimum SIP
500
Risk Level
Very High Risk
AUM
₹1491.53 Cr
ISIN
INF174V01AS2
Inception Date
Aug 23 2021
Standard Deviation
12.703
Beta
0.95
Sharpe Ratio
1.095
Benchmark
IISL Nifty 500 TR INR
Expense Ratio
0.390%
Exit Load
An Exit Load of 1% is payable 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.
Risk
Very High Risk
Investment Objective
The investment objective of the Scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across market capitalization. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Fund Managers
Manish Lodha
Fatema Pacha
About the AMC
Mahindra Manulife Investment Management Pvt. Ltd.
Phone Number
022-66327900Email Address
mfinvestors@mahindra.comCorporate Office Address
1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018Overall AUM
₹1491.53 Cr
Website
www.mahindramanulife.comPopular Hybrid Funds
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frequently asked questions
view all FAQsWhat is the current NAV of Mahindra Manulife Flexi Cap Fund Direct Growth?
The NAV of Mahindra Manulife Flexi Cap Fund Direct Growth is ₹18 as of Mon Sep 16 2024.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
Who is the fund manager of Mahindra Manulife Flexi Cap Fund Direct Growth?
Manish Lodha is the current fund manager of Mahindra Manulife Flexi Cap Fund Direct Growth as on Tue Sep 17 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.
What is the expense ratio of Mahindra Manulife Flexi Cap Fund Direct Growth?
The Expense Ratio of Mahindra Manulife Flexi Cap Fund Direct Growth is 39.00% as of Tue Sep 17 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 39.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
What is the minimum SIP amount of Mahindra Manulife Flexi Cap Fund Direct Growth?
The minimum Systematic Investment Plan (SIP) amount required for Mahindra Manulife Flexi Cap Fund Direct Growth is ₹500. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
What is the minimum lump sum amount required to invest in Mahindra Manulife Flexi Cap Fund Direct Growth?
To initiate a lump sum investment in Mahindra Manulife Flexi Cap Fund Direct Growth, a minimum initial amount of ₹1,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
What is risk category of the Mahindra Manulife Flexi Cap Fund Direct Growth?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Mahindra Manulife Flexi Cap Fund Direct Growth is classified as Very High Risk.
What is the category of Mahindra Manulife Flexi Cap Fund Direct Growth?
The category of the Mahindra Manulife Flexi Cap Fund Direct Growth is Equity.