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

The Mahindra Manulife Flexi Cap Fund Direct - Growth is a 4 yrs 2 m old fund and has delivered average annual returns of 14.13% since inception. Mahindra Manulife Flexi Cap Fund Direct - Growth Returns 1-Year 3-Year Since Inception -3.48% 18.72% 14.13%

Question 1

What is the current NAV of Mahindra Manulife Flexi Cap Fund Direct - Growth?

Accepted Answer

The current Net Asset Value (NAV) of the Mahindra Manulife Flexi Cap Fund - Direct Growth plan is approximately ₹17.2168 as of Sep 29, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Mahindra Manulife Flexi Cap Fund Direct - Growth is a 4 yrs 2 m old fund and has delivered average annual returns of 14.13% since inception.

Mahindra Manulife Flexi Cap Fund Direct - Growth Returns

1-Year	3-Year	Since Inception
-3.48%	18.72%	14.13%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Mahindra Manulife Flexi Cap Fund - Direct Growth has an expense ratio of 0.44%, 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.

Question 4

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

Accepted Answer

The Mahindra Manulife Flexi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 1,509 Cr as on Aug 31, 2025.

Question 5

What are the top stock holdings of Mahindra Manulife Flexi Cap Fund?

Accepted Answer

The Mahindra Manulife Flexi Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	8.28%
ICICI Bank Ltd.	7.44%
Reliance Industries Ltd.	4.95%
Infosys Ltd.	4.93%
Larsen & Toubro Ltd.	3.54%
Hindustan Unilever Ltd.	3.21%
State Bank of India	3.01%
Tata Consultancy Services Ltd.	2.93%
Axis Bank Ltd.	2.82%
Bharti Airtel Ltd.	2.65%

Question 6

What are the top sectors Mahindra Manulife Flexi Cap Fund has invested in?

Accepted Answer

The Mahindra Manulife Flexi Cap Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
HDFC Bank Ltd.	8.28%
ICICI Bank Ltd.	7.44%
Reliance Industries Ltd.	4.95%
Infosys Ltd.	4.93%
Larsen & Toubro Ltd.	3.54%
Hindustan Unilever Ltd.	3.21%
State Bank of India	3.01%
Tata Consultancy Services Ltd.	2.93%
Axis Bank Ltd.	2.82%
Bharti Airtel Ltd.	2.65%

Question 7

What is risk level of Mahindra Manulife Flexi Cap Fund?

Accepted Answer

This is a Flexi Cap fund comes with Very High risk.

Question 8

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

Accepted Answer

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

Question 9

How do I invest in Mahindra Manulife Flexi Cap Fund Direct - Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mahindra Manulife Flexi Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Mahindra Manulife Flexi Cap Fund is complete.

Question 10

How can I redeem my investments in Mahindra Manulife Flexi Cap Fund?

Accepted Answer

Redeeming your investments in the Mahindra Manulife Flexi Cap 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.

Expense ratio	0.44% as on Aug 31, 2025
Exit load	1.0% Exit load 1% if redeemed within 3 months.!
AUM (Fund size)	₹1,509 Cr
Lock-in Period	Nil
Age	4 yrs 2 m since Jul 30, 2021
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very 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%

Period	This fund	Category average
1 Month	-0.23%	0.05%
3 Months	-2.9%	-2.28%
6 Months	7.62%	8.47%
1 Year	-3.48%	-3.82%
2 Years	15.6%	17.35%
3 Years	18.72%	18.02%
4 Years	13.9%	13.28%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Flexi Cap Fund	-0.23%	7.62%	-3.48%	18.72%	N.A.	N.A.
HDFC Flexi Cap Fund	0.88%	8.82%	3.34%	24.2%	29.95%	17.06%
Parag Parikh Flexi Cap Fund	1.19%	7.94%	4.51%	22.9%	22.97%	19.09%
JM Flexicap Fund	0.46%	7.2%	-9.84%	24.44%	27.37%	18.1%
Edelweiss Flexi Cap Fund	-0.25%	7.71%	-5.25%	20.13%	23.59%	15.99%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Flexi Cap Fund	12.55	0.92	0.82	1.23
HDFC Flexi Cap Fund	11.23	0.81	1.31	2.45
Parag Parikh Flexi Cap Fund	8.9	0.59	1.5	2.2
JM Flexicap Fund	15.0	1.02	1.02	1.47
Edelweiss Flexi Cap Fund	13.57	0.98	0.88	1.34

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mahindra Manulife Flexi Cap Fund	N.A.	1,509 Cr	4 yrs 2 m	0.44%
HDFC Flexi Cap Fund	N.A.	81,936 Cr	12 yrs 8 m	0.7%
Parag Parikh Flexi Cap Fund	N.A.	1,15,040 Cr	12 yrs 4 m	0.63%
JM Flexicap Fund	N.A.	5,943 Cr	12 yrs 8 m	0.55%
Edelweiss Flexi Cap Fund	N.A.	2,777 Cr	10 yrs 8 m	0.42%

Mahindra Manulife Flexi Cap Fund Direct - Growth

Historical NAV & returns

Mahindra Manulife Flexi Cap Fund overview

Mahindra Manulife Flexi Cap Fund Returns calculator

Trailing returns as on Sep 22, 2025

Asset allocationas on Aug 31, 2025

Peer comparison

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

Compare Mahindra Manulife Flexi Cap Fund in detail with

About this fund

About Mahindra Manulife Flexi Cap Fund

Fund managers

Investment objective

Mahindra Manulife Mutual Fund details

More funds from Mahindra Manulife Mutual Fund

Frequently asked questions

Mahindra Manulife Flexi Cap Fund Direct - Growth Returns

ET Money rank

Alpha	2.93 vs. 5.3 Underperformed at beating benchmark
Sharpe	0.82 vs. 4.61 Poor risk-adjusted returns
Beta	0.92 vs. 0.83 More sensitive to market's ups & downs
Standard deviation	12.55 vs. 10.09 More volatile performance

Fund AUM	1,509 Cr as on Aug 31, 2025
Scheme document	View Scheme Document

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

Fund name	ETM Rank	AUM	1Y	5Y
Mahindra Manulife Mid Cap Fund	N.A.	3,905 Cr	-7.25%	28.46%
Mahindra Manulife Multi Cap Fund	N.A.	5,622 Cr	-5.33%	26.9%
Mahindra Manulife Large & Mid Cap Fund	N.A.	2,613 Cr	-6.83%	23.73%
Mahindra Manulife Focused Fund	N.A.	2,120 Cr	-5.78%	N.A.
Mahindra Manulife ELSS Tax Saver Fund	N.A.	941 Cr	-2.79%	22.54%
Mahindra Manulife Consumption Fund	N.A.	529 Cr	-8.09%	22.09%

Sector	Percentage of Portfolio
Financial	28.35%
Technology	8.96%
Consumer Staples	7.83%
Energy	6.85%
Services	6.5600000000000005%
Capital Goods	6.0200000000000005%
Materials	5.269999999999999%
Healthcare	4.96%
Consumer Discretionary	4.21%
Automobile	4.039999999999999%