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NAV as of Sep 03, 2025 | Returns since inception | ET Money Rank | AUM (Fund size) |
---|---|---|---|
₹9.687+0.61% 1 day change | -3.16% | App exclusive | ₹287 Cr |
Expense ratio | 0.61% as on Aug 31, 2025 |
Exit load | 0% |
AUM (Fund size) | ₹287 Cr |
Lock-in Period | Nil |
Age | 2 m since Jun 27, 2025 |
Benchmark | NIFTY Financial Services TRI |
Min. investment | This scheme is currently not buyable |
Risk | NA |
Short term capital gains (STCG) | Returns taxed at 20% if you redeem before 1 year |
Long term capital gains (LTCG) | After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5% |
Period | This fund | Category average |
---|---|---|
1 Month | -1.61% | -1.56% |
Large Cap 59.26%
Mid Cap 7.08%
Small Cap 5.8%
Other Cap 0%
Financial 67.82%
Insurance 4.32%
Bifurcation by Credit Quality is not available for this fund
Bifurcation by Holding is not available for this fund
Repo 22.4%
Net Receivables 5.46%
Others 22.4%
Fund name | ETM Rank | AUM | Fund age | Expense ratio |
---|---|---|---|---|
Mahindra Manulife Banking & Financial Services Fund | N.A. | 287 Cr | 2 m | 0.61% |
Sundaram Financial Services Opportunities Fund | N.A. | 1,548 Cr | 12 yrs 8 m | 0.79% |
Invesco India Financial Services Fund | N.A. | 1,392 Cr | 12 yrs 8 m | 0.83% |
Nippon India Banking & Financial Services Fund | N.A. | 7,160 Cr | 12 yrs 8 m | 0.99% |
SBI Banking & Financial Services Fund | N.A. | 7,650 Cr | 10 yrs 6 m | 0.77% |
Tata Banking and Financial Services Fund | N.A. | 2,797 Cr | 9 yrs 9 m | 0.47% |
Fund name | 1M | 6M | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|
Mahindra Manulife Banking & Financial Services Fund | -1.61% | N.A. | N.A. | N.A. | N.A. | N.A. |
Sundaram Financial Services Opportunities Fund | -3.12% | 10.25% | -0.81% | 17.9% | 22.9% | 15.54% |
Invesco India Financial Services Fund | -2.29% | 17.71% | 5.92% | 20.75% | 22.97% | 17.4% |
Nippon India Banking & Financial Services Fund | -1.66% | 13.44% | 4.92% | 17.45% | 25.28% | 15.11% |
SBI Banking & Financial Services Fund | -0.81% | 17.12% | 10.99% | 18.73% | 22.28% | 18.33% |
Tata Banking and Financial Services Fund | -1.21% | 15.1% | 7.31% | 18.14% | 21.46% | 17.08% |
Fund name | Std. deviation | Beta | Sharpe | Sortino |
---|---|---|---|---|
Mahindra Manulife Banking & Financial Services Fund | N.A. | N.A. | N.A. | N.A. |
Sundaram Financial Services Opportunities Fund | 13.28 | 0.91 | 0.82 | 1.67 |
Invesco India Financial Services Fund | 12.91 | 0.83 | 1.02 | 1.73 |
Nippon India Banking & Financial Services Fund | 12.1 | 0.84 | 0.87 | 1.8 |
SBI Banking & Financial Services Fund | 11.9 | 0.81 | 0.96 | 2.04 |
Tata Banking and Financial Services Fund | 13.17 | 0.91 | 0.85 | 2.34 |
Risk ratios are based on three-year data. The required data is unavailable for the scheme.
Fund name | ETM Rank | AUM | 1Y | 5Y |
---|---|---|---|---|
Mahindra Manulife Mid Cap Fund | N.A. | 3,776 Cr | -4.39% | 28.96% |
Mahindra Manulife Multi Cap Fund | N.A. | 5,408 Cr | -3.25% | 26.98% |
Mahindra Manulife Large & Mid Cap Fund | N.A. | 2,629 Cr | -4.76% | 24.02% |
Mahindra Manulife Focused Fund | N.A. | 2,112 Cr | -4.66% | N.A. |
Mahindra Manulife ELSS Tax Saver Fund | N.A. | 950 Cr | -0.67% | 22.48% |
Mahindra Manulife Consumption Fund | N.A. | 495 Cr | -2.52% | 21.68% |
The current Net Asset Value (NAV) of the Mahindra Manulife Banking & Financial Services Fund - Direct Growth plan is approximately ₹9.687 as of Sep 03, 2025.
The Mahindra Manulife Banking & Financial Services Fund - Direct Growth has an expense ratio of 0.61%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.
The Mahindra Manulife Banking & Financial Services Fund currently has assets under management (AUM) or fund size valued at approximately 287 Cr as on Jul 31, 2025.
The Mahindra Manulife Banking & Financial Services Fund has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
HDFC Bank Ltd. | 19.41% |
ICICI Bank Ltd. | 17.46% |
Axis Bank Ltd. | 4.66% |
Bajaj Finance Ltd. | 3.74% |
State Bank of India | 3.7% |
Canara Bank | 2.76% |
HDFC Life Insurance Co Ltd. | 2.4% |
Nippon Life India Asset Management Ltd. | 1.96% |
Shriram Finance Ltd | 1.94% |
SBI Life Insurance Company Ltd. | 1.92% |
The Mahindra Manulife Banking & Financial Services Fund has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Financial | 67.82% |
Insurance | 4.32% |
This is a Sectoral-banking fund comes with NA risk.
No, this fund does not have any lock-in period.
It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:
For the Desktop Version:
For the Mobile Version:
All set! Your investment in Mahindra Manulife Banking & Financial Services Fund is complete.
Redeeming your investments in Mahindra Manulife Banking & Financial Services Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Mahindra Manulife Banking & Financial Services Fund from anywhere else, you can go to the fund house website and put a request through it.