Mahindra Manulife Flexi Cap Fund

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

The Mahindra Manulife Flexi Cap Fund is a 4 yrs 6 m old fund and has delivered average annual returns of 10.97% since inception. Mahindra Manulife Flexi Cap Fund Returns 1-Year 3-Year Since Inception 6.0% 15.76% 10.97%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.8988-1.11% 1 day change	10.97% p.a.	App exclusive #NA View Ranked Funds	₹1,597 Cr

Historical NAV & returns

NAV: ₹15.8988 as on Feb 02, 2026

This fund Category average

Mahindra Manulife Flexi Cap Fund overview

AUM (Fund size)	₹1,597 Cr
Exit load	1.0% Exit load 1% if redeemed within 3 months.!
Lock-in Period	Nil
Age	4 yrs 6 m since Jul 30, 2021
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.05% as on Feb 02, 2026
Plan type	Regular
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%

Mahindra Manulife Flexi Cap 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 Feb 03, 2026

Period	This fund	Category average
1 Month	-5.18%	-7.25%
3 Months	-3.95%	-7.38%
6 Months	-1.12%	-4.32%
1 Year	6.0%	1.89%
2 Years	6.6%	6.18%
3 Years	15.76%	14.37%
4 Years	11.41%	9.87%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 70.34%

Mid Cap 19.36%

Small Cap 9.01%

Other Cap 0%

Top holdings

HDFC Bank Ltd.7.87%

ICICI Bank Ltd.7.38%

Reliance Industries Ltd.5.53%

Infosys Ltd.4.58%

Top sectors

Financial 30.689999999999998%

Technology 10.55%

Energy 7.370000000000001%

Capital Goods 6.159999999999999%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.14%

Net Receivables 0.15%

Other Holdings

Others 0.15%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Flexi Cap Fund	-5.18%	-1.12%	6.0%	15.76%	N.A.	N.A.
HDFC Flexi Cap Fund	-3.19%	3.23%	11.78%	21.17%	20.75%	18.04%
Parag Parikh Flexi Cap Fund	-2.34%	1.27%	5.9%	19.36%	18.07%	18.03%
JM Flexicap Fund	-5.7%	-4.29%	-4.42%	19.05%	16.98%	17.12%
Franklin India Flexi Cap Fund	-4.64%	-1.15%	5.12%	17.55%	15.83%	14.67%
Edelweiss Flexi Cap Fund	-4.49%	2.5%	8.78%	18.25%	15.81%	15.71%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Flexi Cap Fund	12.07	0.92	0.83	1.18
HDFC Flexi Cap Fund	10.29	0.77	1.37	2.3
Parag Parikh Flexi Cap Fund	8.28	0.59	1.59	2.46
JM Flexicap Fund	14.77	1.03	0.89	1.23
Franklin India Flexi Cap Fund	12.11	0.92	0.95	1.38
Edelweiss Flexi Cap Fund	13.03	0.98	0.97	1.28

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mahindra Manulife Flexi Cap Fund	N.A.	1,597 Cr	4 yrs 6 m	2.05%
HDFC Flexi Cap Fund	N.A.	96,295 Cr	31 yrs 1 m	1.33%
Parag Parikh Flexi Cap Fund	N.A.	1,33,309 Cr	12 yrs 8 m	1.28%
JM Flexicap Fund	N.A.	5,463 Cr	17 yrs 6 m	1.84%
Franklin India Flexi Cap Fund	N.A.	19,972 Cr	31 yrs 4 m	1.7%
Edelweiss Flexi Cap Fund	N.A.	3,127 Cr	11 yrs	1.89%

View all Flexi Cap funds

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

Alpha	0.87 vs. 3.93 Underperformed at beating benchmark
Sharpe	0.83 vs. 3.98 Poor risk-adjusted returns
Beta	0.92 vs. 0.82 More sensitive to market's ups & downs
Standard deviation	12.07 vs. 9.68 More volatile performance

Compare Mahindra Manulife Flexi Cap Fund in detail with

About this fund

About Mahindra Manulife Flexi Cap Fund

Mahindra Manulife Flexi Cap Fund is a Flexi Cap mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 4 yrs 6 m, having been launched on 30/07/2021. Mahindra Manulife Flexi Cap Fund has ₹1,597 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mahindra Manulife Flexi Cap Fund as of 02/02/2026 is ₹15.90. The fund has an expense ratio of 2.05%, which is higher than what most other Flexi Cap funds charge.

Mahindra Manulife Flexi Cap Fund returns of last 1-year are 5.69%. Since launch, it has delivered 10.98% average annual returns.
Mahindra Manulife Flexi Cap 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 has the majority of its money invested in Financial, Technology, Energy, Capital Goods, Automobile sectors. It has taken less exposure in Financial, Technology sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Infosys Ltd., Axis Bank Ltd..

...

Fund AUM	1,597 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Fatema Pacha

Ms. Pacha has done PGDBM (Finance) and BE (Computers) Prior to joining Mahindra Manulife Mutual Fund, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.

Investment objective

The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across market capitalization.

Mahindra Manulife Mutual Fund details

No. of schemes	25 view all schemes
Total AUM	32,930 Cr as on Dec 31, 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 Mid Cap Fund	N.A.	4,295 Cr	7.29%	21.5%
Mahindra Manulife Multi Cap Fund	N.A.	6,133 Cr	6.97%	18.74%
Mahindra Manulife Focused Fund	N.A.	2,228 Cr	6.89%	17.92%
Mahindra Manulife Large & Mid Cap Fund	N.A.	2,777 Cr	6.0%	16.08%
Mahindra Manulife ELSS Tax Saver Fund	N.A.	973 Cr	6.44%	14.15%
Mahindra Manulife Consumption Fund	N.A.	559 Cr	-4.27%	12.78%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Mahindra Manulife Flexi Cap Fund plan is approximately ₹15.8988 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Flexi Cap Fund is a 4 yrs 6 m old fund and has delivered average annual returns of 10.97% since inception.

Mahindra Manulife Flexi Cap Fund Returns

1-Year	3-Year	Since Inception
6.0%	15.76%	10.97%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Flexi Cap Fund has an expense ratio of 2.05%, 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 Flexi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 1,597 Cr as on Dec 31, 2025.

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

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.	7.87%
ICICI Bank Ltd.	7.38%
Reliance Industries Ltd.	5.53%
Infosys Ltd.	4.58%
Axis Bank Ltd.	3.59%
Tata Consultancy Services Ltd.	3.45%
Larsen & Toubro Ltd.	3.29%
Bajaj Finance Ltd.	3.27%
State Bank of India	2.66%
Hindustan Unilever Ltd.	2.56%

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

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

Sector	Percentage of Portfolio
Financial	30.689999999999998%
Technology	10.55%
Energy	7.370000000000001%
Capital Goods	6.159999999999999%
Automobile	5.83%
Consumer Discretionary	5.46%
Services	4.97%
Consumer Staples	4.84%
Healthcare	4.57%
Construction	4.12%

What is risk level of Mahindra Manulife Flexi Cap Fund?

This is a Flexi Cap fund comes with Very 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 Flexi Cap Fund?

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.