Mahindra Manulife Mid Cap Fund

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

The Mahindra Manulife Mid Cap Fund is a 7 yrs 11 m old fund and has delivered average annual returns of 16.59% since inception. Mahindra Manulife Mid Cap Fund Returns 1-Year 3-Year 5-Year Since Inception -0.68% 22.77% 25.0% 16.59%

Q: How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Mid Cap Fund has an expense ratio of 1.84% , 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.

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹33.4914-0.06% 1 day change	16.59% p.a.	App exclusive #NA View Ranked Funds	₹4,192 Cr

Historical NAV & returns

NAV: ₹33.4914 as on Dec 04, 2025

This fund Category average

Mahindra Manulife Mid Cap Fund overview

AUM (Fund size)	₹4,192 Cr
Exit load	1.0% Exit load of 1% if redeemed within 3 months.!
Lock-in Period	Nil
Age	7 yrs 11 m since Jan 08, 2018
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.84% 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 Mid 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 Dec 05, 2025

Period	This fund	Category average
1 Month	-0.3%	0.22%
3 Months	3.32%	2.0%
6 Months	4.51%	3.34%
1 Year	-0.68%	0.36%
2 Years	17.06%	15.77%
3 Years	22.77%	19.33%
4 Years	18.48%	16.21%
5 Years	25.0%	21.01%
7 Years	20.52%	18.07%

View returns in detail

Asset allocationas on Oct 31, 2025

Large Cap 10.94%

Mid Cap 72.81%

Small Cap 11.71%

Other Cap 0%

Top holdings

Indian Bank3.26%

Glenmark Pharmaceuticals Ltd.2.97%

Max Financial Services Ltd.2.48%

Blue Star Ltd.2.48%

Top sectors

Financial 22.18%

Healthcare 12.95%

Automobile 9.64%

Capital Goods 9.059999999999999%

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 2.56%

Net Receivables 1.98%

Other Holdings

Others 1.98%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Mid Cap Fund	-0.3%	4.51%	-0.68%	22.77%	25.0%	N.A.
Nippon India Growth Mid Cap Fund	-0.62%	5.04%	3.41%	23.51%	26.04%	18.18%
HDFC Mid Cap Fund	1.09%	8.5%	7.6%	24.83%	26.43%	18.48%
Motilal Oswal Midcap Fund	-0.92%	3.88%	-6.16%	24.95%	29.55%	17.92%
Kotak Midcap Fund	-2.05%	5.47%	1.22%	20.32%	23.37%	17.93%
Edelweiss Mid Cap Fund	0.19%	6.28%	3.71%	24.1%	25.95%	18.39%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Mid Cap Fund	15.37	0.96	1.06	1.47
Nippon India Growth Mid Cap Fund	15.5	0.96	1.09	1.62
HDFC Mid Cap Fund	13.85	0.86	1.27	1.8
Motilal Oswal Midcap Fund	17.71	0.92	1.04	1.3
Kotak Midcap Fund	15.08	0.89	0.94	1.18
Edelweiss Mid Cap Fund	15.57	0.95	1.11	1.45

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mahindra Manulife Mid Cap Fund	N.A.	4,192 Cr	7 yrs 11 m	1.84%
Nippon India Growth Mid Cap Fund	N.A.	41,268 Cr	30 yrs 2 m	1.53%
HDFC Mid Cap Fund	N.A.	89,383 Cr	18 yrs 7 m	1.36%
Motilal Oswal Midcap Fund	N.A.	37,501 Cr	11 yrs 10 m	1.54%
Kotak Midcap Fund	N.A.	60,385 Cr	18 yrs 10 m	1.38%
Edelweiss Mid Cap Fund	N.A.	12,647 Cr	18 yrs 1 m	1.67%

View all Mid Cap funds

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

Alpha	1.11 vs. 5.34 Underperformed at beating benchmark
Sharpe	1.06 vs. 6.28 Poor risk-adjusted returns
Beta	0.96 vs. 0.99 Less sensitive to market ups & downs
Standard deviation	15.37 vs. 13.99 More volatile performance

Compare Mahindra Manulife Mid Cap Fund in detail with

About this fund

About Mahindra Manulife Mid Cap Fund

Mahindra Manulife Mid Cap Fund is a Mid Cap mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 7 yrs 11 m, having been launched on 08/01/2018. Mahindra Manulife Mid Cap Fund has ₹4,192 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 Mid Cap Fund as of 04/12/2025 is ₹33.49. The fund has an expense ratio of 1.84%, which is higher than what most other Mid Cap funds charge.

Mahindra Manulife Mid Cap Fund returns of last 1-year are -2.25%. Since launch, it has delivered 16.65% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Mahindra Manulife Mid Cap Fund scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Financial, Healthcare, Automobile, Capital Goods, Metals & Mining sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Indian Bank, Glenmark Pharmaceuticals Ltd., Max Financial Services Ltd., Blue Star Ltd., IDFC First Bank Ltd..

...

Fund AUM	4,192 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

Krishna Sanghavi

Mr. Sanghvi is a B.Com (H), CWA from ICWAI, Master of Management Studies (Finance) from NMIMS, Mumbai and CFA from ICFAI. Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Canara Robeco AMC, Kotak Mahindra AMC Ltd. and Kotak Life Insurance, Aviva Life Insurance Company Ltd..

Kirti Dalvi

MMS (Finance), CFA level 2 Prior to Joining the Mahindra Manulife AMC he has worked with ENAM AMC, Angel Broking Ltd.

Investment objective

The scheme seeks to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies.

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 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 Mid Cap Fund?

The current Net Asset Value (NAV) of the Mahindra Manulife Mid Cap Fund plan is approximately ₹33.4914 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Mid Cap Fund is a 7 yrs 11 m old fund and has delivered average annual returns of 16.59% since inception.

Mahindra Manulife Mid Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
-0.68%	22.77%	25.0%	16.59%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Mid Cap Fund has an expense ratio of 1.84%, 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 Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately 4,192 Cr as on Oct 31, 2025.

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

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

Company	Percentage of Portfolio
Indian Bank	3.26%
Glenmark Pharmaceuticals Ltd.	2.97%
Max Financial Services Ltd.	2.48%
Blue Star Ltd.	2.48%
IDFC First Bank Ltd.	2.48%
UNO Minda Ltd.	2.34%
Tube Investments Of India Ltd.	2.22%
Union Bank of India	2.2%
JK Cement Ltd.	2.2%
Nippon Life India Asset Management Ltd.	2.17%

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

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

Sector	Percentage of Portfolio
Financial	22.18%
Healthcare	12.95%
Automobile	9.64%
Capital Goods	9.059999999999999%
Metals & Mining	5.6%
Materials	5.500000000000001%
Technology	5.14%
Consumer Staples	4.82%
Consumer Discretionary	4.46%
Construction	4.15%

What is risk level of Mahindra Manulife Mid Cap Fund?

This is a Mid 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 Mid Cap Fund?

Redeeming your investments in the Mahindra Manulife Mid 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.

ET Money rank

App exclusive

in Mid Cap

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Chance: This fund has generated a 22.03% annual return in 70% of times for investors holding for at least 5 years.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 3 months.