Mahindra Manulife Manufacturing Fund

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

The Mahindra Manulife Manufacturing Fund is a 1 yrs 6 m old fund and has delivered average annual returns of -0.97% since inception. Mahindra Manulife Manufacturing Fund Returns 1-Year Since Inception 1.16% -0.97%

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹9.884+0.04% 1 day change	-0.97% p.a.	App exclusive #NA View Ranked Funds	₹799 Cr

Historical NAV & returns

NAV: ₹9.884 as on Dec 04, 2025

This fund Category average

Mahindra Manulife Manufacturing Fund overview

AUM (Fund size)	₹799 Cr
Exit load	0.5% Exit load of 0.5%, if redeemed within 3 months.!
Lock-in Period	Nil
Age	1 yrs 6 m since May 31, 2024
Benchmark	BSE India Manufacturing TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.3% as on Nov 30, 2025
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 Manufacturing 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 Dec 01, 2025

Period	This fund	Category average
1 Month	-1.56%	0.17%
3 Months	2.16%	0.27%
6 Months	4.21%	3.32%
1 Year	1.16%	-1.1%

View returns in detail

Asset allocationas on Oct 31, 2025

Large Cap 49.12%

Mid Cap 8.55%

Small Cap 41.07%

Other Cap 0%

Top holdings

Mahindra & Mahindra Ltd.4.85%

Reliance Industries Ltd.4.48%

Bharat Electronics Ltd.3.43%

Divi's Laboratories Ltd.3.19%

Top sectors

Automobile 20.61%

Metals & Mining 16.000000000000004%

Capital Goods 15.05%

Energy 13.25%

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 1.47%

Other Holdings

Others 1.47%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Manufacturing Fund	-1.56%	4.21%	1.16%	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	-1.07%	5.97%	4.19%	23.98%	25.99%	13.64%
ICICI Prudential Exports and Services Fund	0.8%	4.98%	7.22%	18.69%	21.64%	13.74%
Sundaram Services Fund	-0.43%	6.02%	8.71%	17.29%	21.7%	13.7%
ICICI Prudential Commodities Fund	-3.44%	7.31%	6.2%	15.34%	25.9%	15.75%
UTI Transportation and Logistics Fund	1.5%	17.8%	15.98%	24.81%	23.43%	13.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Manufacturing Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	15.9	1.05	1.05	1.49
ICICI Prudential Exports and Services Fund	11.11	0.81	1.08	2.19
Sundaram Services Fund	12.45	0.88	0.86	1.42
ICICI Prudential Commodities Fund	14.68	0.96	0.69	1.11
UTI Transportation and Logistics Fund	15.88	0.89	1.05	1.34

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mahindra Manulife Manufacturing Fund	N.A.	799 Cr	1 yrs 6 m	2.3%
ICICI Prudential Manufacturing Fund	N.A.	6,715 Cr	7 yrs 2 m	1.82%
ICICI Prudential Exports and Services Fund	N.A.	1,421 Cr	20 yrs 1 m	2.26%
Sundaram Services Fund	N.A.	4,674 Cr	7 yrs 3 m	1.86%
ICICI Prudential Commodities Fund	N.A.	3,189 Cr	6 yrs 2 m	1.98%
UTI Transportation and Logistics Fund	N.A.	4,008 Cr	20 yrs 4 m	1.9%

View all Thematic funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Mahindra Manulife Manufacturing Fund in detail with

About this fund

About Mahindra Manulife Manufacturing Fund

Mahindra Manulife Manufacturing Fund is a Thematic mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 1 yrs 6 m, having been launched on 31/05/2024. Mahindra Manulife Manufacturing Fund has ₹799 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mahindra Manulife Manufacturing Fund as of 04/12/2025 is ₹9.88. The fund has an expense ratio of 2.3%, which is higher than what most other Thematic funds charge.

Mahindra Manulife Manufacturing Fund returns of last 1-year are 0.73%. Since launch, it has delivered -0.80% average annual returns.
The fund has the majority of its money invested in Automobile, Metals & Mining, Capital Goods, Energy, Materials sectors. It has taken less exposure in Automobile, Metals & Mining sectors compared to other funds in the category.
The fund's top 5 holdings are in Mahindra & Mahindra Ltd., Reliance Industries Ltd., Bharat Electronics Ltd., Divi's Laboratories Ltd., PTC Industries Ltd..

...

Fund AUM	799 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

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

Navin Matta

PGDBA Prior to Joining the Mahindra Manulife Investment Management Pvt Ltd. He has worked with BOB Capita, SAFE Enterprises,Bajaj Allianz Life Insurance, HDFC Securities and Daiwa Capital.

Investment objective

The Scheme seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in manufacturing theme.

Mahindra Manulife Mutual Fund details

No. of schemes	25 view all schemes
Total AUM	31,673 Cr as on Sep 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 Mid Cap Fund	N.A.	4,192 Cr	-0.68%	25.0%
Mahindra Manulife Multi Cap Fund	N.A.	6,055 Cr	3.48%	22.64%
Mahindra Manulife Focused Fund	N.A.	2,208 Cr	2.82%	21.77%
Mahindra Manulife Large & Mid Cap Fund	N.A.	2,784 Cr	1.39%	19.75%
Mahindra Manulife ELSS Tax Saver Fund	N.A.	970 Cr	4.4%	18.19%
Mahindra Manulife Consumption Fund	N.A.	563 Cr	-0.15%	16.88%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Mahindra Manulife Manufacturing Fund?

The current Net Asset Value (NAV) of the Mahindra Manulife Manufacturing Fund plan is approximately ₹9.884 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Manufacturing Fund is a 1 yrs 6 m old fund and has delivered average annual returns of -0.97% since inception.

Mahindra Manulife Manufacturing Fund Returns

1-Year	Since Inception
1.16%	-0.97%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Manufacturing Fund has an expense ratio of 2.3%, 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 Manufacturing Fund currently has assets under management (AUM) or fund size valued at approximately 799 Cr as on Oct 31, 2025.

What are the top stock holdings of Mahindra Manulife Manufacturing Fund?

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

Company	Percentage of Portfolio
Mahindra & Mahindra Ltd.	4.85%
Reliance Industries Ltd.	4.48%
Bharat Electronics Ltd.	3.43%
Divi's Laboratories Ltd.	3.19%
PTC Industries Ltd.	3.15%
Shriram Pistons & Rings Ltd	2.91%
Oil And Natural Gas Corporation Ltd.	2.78%
Kirloskar Brothers Ltd.	2.64%
Larsen & Toubro Ltd.	2.6%
Samvardhana Motherson International Ltd.	2.56%

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

The Mahindra Manulife Manufacturing Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Automobile	20.61%
Metals & Mining	16.000000000000004%
Capital Goods	15.05%
Energy	13.25%
Materials	7.27%
Consumer Staples	6.36%
Chemicals	5.8%
Construction	5.710000000000001%
Healthcare	5.35%
Services	1.88%

What is risk level of Mahindra Manulife Manufacturing Fund?

This is a Thematic 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 Manufacturing Fund?

Redeeming your investments in the Mahindra Manulife Manufacturing 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 Thematic

#NA

Return Outperformance: This fund has generated highest return amongst Thematic funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.5%, if redeemed within 3 months.