VB
V BalasubramanianFund Manager Since 1 Aug 2018
EquityMid-Cap
Mahindra Manulife Mid Cap Fund Direct Growth
3Y Annualised
31.85%
-0.29% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
0.76%
-0.29% 1D
Benchmark
HDFC NIFTY 500 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
2 years 6 months
NIFTY 50
4 years 1 months
FD
9 years 7 months
Fund info
Fund size
₹3775.59 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹1000
Exit load
0%
An Exit Load of 1% is payable if Units areredeemed / switched-out upto 3 monthsfrom the date of allotment;- Nil if Units are redeemed / switched-outafter 3 months from the date of allotment.
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
Fund Managers
ML
Manish LodhaFund Manager Since 21 Dec 2020
AK
Abhinav KhandelwalFund Manager Since 1 Feb 2022
About Mahindra Manulife Mid Cap Fund Direct Growth
Mahindra Manulife Mid Cap Fund Direct Growth is a Equity mutual fund scheme from Mahindra Manulife Investment Management Pvt. Ltd.. This fund has been in existence for 7 years, having been launched on 2018-01-23. Mahindra Manulife Mid Cap Fund Direct Growth has ₹3775.59 Cr worth of assets under management (AUM) as of Thu Jun 19 2025. The latest Net Asset Value (NAV) of Mahindra Manulife Mid Cap Fund Direct Growth as of Wed Jun 18 2025 is ₹36.8975. The fund has an expense ratio of 0.45%, which is medium comparable to most other Equity funds.
Mahindra Manulife Mid Cap Fund Direct Growth returns for the last 1 year are 2.30%. Since launch, it has delivered 19.29% average annual returns.
The Mahindra Manulife Mid Cap Fund Direct Growth has the majority of its money invested in Healthcare, Financial Services, Industrials, Basic Materials, Communication Services, Consumer Cyclical, Energy, Consumer Defensive sectors.
Top 5 Holdings of Mahindra Manulife Mid Cap Fund Direct Growth.
- Max Healthcare Institute Ltd Ordinary Shares: 3.28%
- Indian Bank: 2.60%
- Tube Investments of India Ltd Ordinary Shares: 2.50%
- APL Apollo Tubes Ltd: 2.30%
- Bharti Hexacom Ltd: 2.13%
AMC Information
| Name | Mahindra Manulife Investment Management Pvt. Ltd. |
|---|---|
| Founding Date | 2018-01-23 |
| mfinvestors@mahindra.com | |
| Phone | 022-66327900 |
| Website | www.mahindramanulife.com |
| Address | 1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018 |
Tax Implications of Mahindra Manulife Mid Cap Fund Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
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FAQs
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