Mahindra Manulife Equity Savings Fund

Q: What are the returns of this mutual fund scheme?

The Mahindra Manulife Equity Savings Fund is a 8 yrs 8 m old fund and has delivered average annual returns of 8.68% since inception. Mahindra Manulife Equity Savings Fund Returns 1-Year 3-Year 5-Year Since Inception 2.42% 9.79% 11.65% 8.68%

NAV as of Sep 29, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹20.6614+0.03% 1 day change	8.68% p.a.	App exclusive #NA View Ranked Funds	₹547 Cr

Historical NAV & returns

NAV: ₹20.6614 as on Sep 29, 2025

This fund Category average

Mahindra Manulife Equity Savings Fund overview

AUM (Fund size)	₹547 Cr
Exit load	1.0% Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days.!
Lock-in Period	Nil
Age	8 yrs 8 m since Jan 10, 2017
Benchmark	NIFTY Equity Savings TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.37% as on Aug 31, 2025
Plan type	Regular
Risk	Moderately High
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%

Mahindra Manulife Equity Savings Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 30, 2025

Period	This fund	Category average
1 Month	1.15%	0.41%
3 Months	0.57%	0.33%
6 Months	5.01%	4.6%
1 Year	2.42%	3.47%
2 Years	9.31%	9.75%
3 Years	9.79%	10.0%
4 Years	7.41%	7.81%
5 Years	11.65%	10.47%
7 Years	9.77%	8.47%

Asset allocationas on Aug 31, 2025

Large Cap 29.65%

Mid Cap 3.33%

Small Cap 4.02%

Other Cap 0%

Top holdings

Ambuja Cements Ltd.5.33%

HDFC Bank Ltd.4.91%

ICICI Bank Ltd.4.64%

Bajaj Finance Ltd.4.05%

Top sectors

Financial 20.44%

Materials 8.110000000000001%

Energy 6.37%

Automobile 5.97%

Cash & Call Money 35.004288%

SOV 8.911248%

AAA 5.965272%

AA+ 3.4%

Top Debt Holdings

Reserve Bank of India 6.65%

GOI 2.11%

LIC Housing Finance Ltd. 1.85%

Bharti Telecom Ltd. 0.95%

Allocation by Instruments

Net Receivables 31.92%

Real Estate Investment Trusts 8.99%

Treasury Bills 6.65%

Debenture 6.380000000000001%

Other Holdings

Others 31.92%

Nexus Select Trust 3.5%

Brookfield India Real Estate Trust REIT 3.18%

Embassy Office Parks REIT 2.31%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Equity Savings Fund	1.15%	5.01%	2.42%	9.79%	11.65%	N.A.
Edelweiss Equity Savings Fund	0.45%	5.55%	5.97%	11.33%	10.85%	8.99%
Kotak Equity Savings Fund	1.3%	6.66%	3.67%	11.91%	11.6%	9.34%
UTI Equity Savings Fund	0.61%	3.2%	2.7%	10.82%	11.91%	6.2%
Sundaram Equity Savings Fund	0.33%	4.43%	2.63%	11.39%	11.34%	8.4%
HSBC Equity Savings Fund	0.45%	9.14%	3.63%	13.43%	13.57%	8.96%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Equity Savings Fund	5.03	0.65	0.48	0.84
Edelweiss Equity Savings Fund	3.74	0.47	1.08	1.55
Kotak Equity Savings Fund	5.08	0.65	0.86	1.14
UTI Equity Savings Fund	4.35	0.57	0.8	1.28
Sundaram Equity Savings Fund	5.35	0.66	0.75	1.41
HSBC Equity Savings Fund	7.31	0.61	0.87	0.85

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mahindra Manulife Equity Savings Fund	N.A.	547 Cr	8 yrs 8 m	2.37%
Edelweiss Equity Savings Fund	N.A.	843 Cr	11 yrs	1.56%
Kotak Equity Savings Fund	N.A.	8,254 Cr	11 yrs	1.76%
UTI Equity Savings Fund	N.A.	714 Cr	7 yrs 1 m	1.64%
Sundaram Equity Savings Fund	N.A.	1,140 Cr	23 yrs 5 m	2.15%
HSBC Equity Savings Fund	N.A.	624 Cr	14 yrs	1.52%

View all Equity Savings funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.13 vs. 3.05 Underperformed at beating benchmark
Sharpe	0.48 vs. 3.03 Poor risk-adjusted returns
Beta	0.65 vs. 0.67 Less sensitive to market ups & downs
Standard deviation	5.03 vs. 3.88 More volatile performance

Compare Mahindra Manulife Equity Savings Fund in detail with

About this fund

About Mahindra Manulife Equity Savings Fund

Mahindra Manulife Equity Savings Fund is a Equity Savings mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 8 yrs 8 m, having been launched on 10/01/2017. Mahindra Manulife Equity Savings Fund has ₹547 Crores worth of assets under management (AUM) as on 31/08/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mahindra Manulife Equity Savings Fund as of 29/09/2025 is ₹20.66. The fund has an expense ratio of 2.37%, which is higher than what most other Equity Savings funds charge. Currently, the fund has a 37.00% allocation to equity and 19.01% to Debt.

Mahindra Manulife Equity Savings Fund returns of last 1-year are 2.36%. Since launch, it has delivered 8.74% average annual returns. The fund has doubled the money invested in it every 6 yrs.
Mahindra Manulife Equity Savings Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's equity portion is primarily invested in Financial, Construction, Materials, Energy, Automobile sectors. It has taken less exposure in Financial, Construction sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in Reserve Bank of India, Ambuja Cements Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Bajaj Finance Ltd..

...

Fund AUM	547 Cr as on Aug 31, 2025
Scheme document	View Scheme Document

Fund managers

Rahul Pal

Mr. Pal is a B.Com (H) and Chartered Accountant. Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.

Manish Lodha

Mr. Lodha is a Chartered Accountant and Company Secretary Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).

Renjith Sivaram Radhakrishnan

Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering Prior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd

Investment objective

The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.

Mahindra Manulife Mutual Fund details

No. of schemes	25 view all schemes
Total AUM	29,590 Cr as on Jun 30, 2025
Address	1st Floor - Sadhana House, 570 - P.B. Marg, Worli, Mumbai, 400018
Phone	022-66327900

More funds from Mahindra Manulife Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mahindra Manulife Aggressive Hybrid Fund	N.A.	1,837 Cr	-1.07%	19.69%
Mahindra Manulife Balanced Advantage Fund	N.A.	907 Cr	-1.47%	N.A.
Mahindra Manulife Multi Asset Allocation Fund	N.A.	642 Cr	9.3%	N.A.
Mahindra Manulife Arbitrage Fund	N.A.	98 Cr	5.3%	4.45%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Mahindra Manulife Equity Savings Fund?

The current Net Asset Value (NAV) of the Mahindra Manulife Equity Savings Fund plan is approximately ₹20.6614 as of Sep 29, 2025.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Equity Savings Fund is a 8 yrs 8 m old fund and has delivered average annual returns of 8.68% since inception.

Mahindra Manulife Equity Savings Fund Returns

1-Year	3-Year	5-Year	Since Inception
2.42%	9.79%	11.65%	8.68%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Equity Savings Fund has an expense ratio of 2.37%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mahindra Manulife Equity Savings Fund currently has assets under management (AUM) or fund size valued at approximately 547 Cr as on Aug 31, 2025.

What are the top stock holdings of Mahindra Manulife Equity Savings Fund?

The Mahindra Manulife Equity Savings Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
Ambuja Cements Ltd.	5.33%
HDFC Bank Ltd.	4.91%
ICICI Bank Ltd.	4.64%
Bajaj Finance Ltd.	4.05%
Reliance Industries Ltd.	3.74%
Mahindra & Mahindra Ltd.	3.41%
Sun Pharmaceutical Industries Ltd.	2.89%
Tech Mahindra Ltd.	2.77%
Larsen & Toubro Ltd.	1.87%
Hindalco Industries Ltd.	1.67%

What are the top sectors Mahindra Manulife Equity Savings Fund has invested in?

The Mahindra Manulife Equity Savings Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	20.44%
Materials	8.110000000000001%
Energy	6.37%
Automobile	5.97%
Metals & Mining	5.76%
Technology	5.26%
Healthcare	4.68%
Consumer Staples	3.2300000000000004%
Construction	2.23%
Chemicals	1.26%

To whom does Mahindra Manulife Equity Savings Fund lend to?

The top 3 debt holdings of Mahindra Manulife Equity Savings Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	6.65%
GOI	2.11%
LIC Housing Finance Ltd.	1.85%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mahindra Manulife Equity Savings Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	35.004288%
SOV	8.911248%
AAA	5.965272%

What is risk level of Mahindra Manulife Equity Savings Fund?

This is a Equity Savings fund comes with Moderately High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Mahindra Manulife Equity Savings Fund?

Redeeming your investments in the Mahindra Manulife Equity Savings Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Equity Savings

#NA

Chance: This fund has generated only 8.45% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days.