Mahindra Manulife Multi Cap Fund Direct - Growth

Q: What are the returns of Mahindra Manulife Multi Cap Fund?

The Mahindra Manulife Multi Cap Fund is a 8 yrs 1 m old fund and has delivered average annual returns of 18.77% since inception. Mahindra Manulife Multi Cap Fund Returns 1-Year 3-Year 5-Year Since Inception 10.7% 23.34% 29.48% 18.77%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹40.0728+0.55% 1 day change	18.77% p.a.	#NA View Ranked Funds	₹4,883 Crs

Historical NAV & returns

NAV: ₹40.0728 as on Jun 05, 2025

This fund Category average

Mahindra Manulife Multi Cap Fund overview

Expense ratio	0.41% as on May 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 3 months.!
AUM (Fund size)	₹4,883 Crs
Lock-in	No Lockin
Age	8 yrs 1 m since Apr 20, 2017
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP ₹500 & Lump. ₹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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Mahindra Manulife Multi 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 Jun 06, 2025

Period	This fund	Category average
1 Month	6.27%	6.61%
3 Months	14.39%	12.56%
6 Months	-1.79%	-2.89%
1 Year	10.7%	10.17%
2 Years	27.13%	25.55%
3 Years	23.34%	23.67%
4 Years	20.19%	19.3%
5 Years	29.48%	28.76%
7 Years	20.46%	18.32%

View returns in detail

Asset allocationas on Mar 31, 2025

Large Cap 46.953675000000004%

Mid Cap 25.2306%

Small Cap 26.065725%

Other Cap 0.0%

Top holdings

HDFC Bank Ltd.5.69%

Bajaj Finance Ltd.4.12%

Reliance Industries Ltd.3.88%

Divi's Laboratories Ltd.3.51%

Top sectors

Financial 22.87%

Services 13.06%

Healthcare 10.49%

Energy 8.82%

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

Net Receivables 1.75%

Other Holdings

Others 1.75%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mahindra Manulife Multi Cap Fund	N.A.	₹4,883 Crs	8 yrs 1 m	0.41%
Nippon India Multi Cap Fund	N.A.	₹40,261 Crs	12 yrs 5 m	0.74%
ICICI Prudential Multicap Fund	N.A.	₹14,505 Crs	12 yrs 5 m	0.93%
Baroda BNP Paribas Multi Cap Fund	N.A.	₹2,705 Crs	12 yrs 5 m	0.95%
ITI Multi Cap Fund	N.A.	₹1,165 Crs	6 yrs 1 m	0.46%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Multi Cap Fund	6.27%	-1.79%	10.7%	23.34%	29.48%	N.A.
Nippon India Multi Cap Fund	8.48%	-0.47%	10.46%	28.53%	33.19%	16.11%
ICICI Prudential Multicap Fund	4.76%	-0.75%	11.01%	24.88%	27.09%	16.13%
Baroda BNP Paribas Multi Cap Fund	5.78%	-6.44%	8.84%	23.04%	27.85%	15.11%
ITI Multi Cap Fund	9.04%	-3.07%	6.51%	25.07%	22.6%	10.18%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Multi Cap Fund	15.65	0.96	1.01	1.39
Nippon India Multi Cap Fund	14.43	0.88	1.37	1.99
ICICI Prudential Multicap Fund	13.42	0.83	1.24	2.06
Baroda BNP Paribas Multi Cap Fund	14.51	0.89	1.04	1.29
ITI Multi Cap Fund	15.62	0.97	1.09	1.42

View all Multi Cap funds

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

Alpha	1.82 vs. 3.55 Underperformed at beating benchmark
Sharpe	1.01 vs. 3.62 Poor risk-adjusted returns
Beta	0.96 vs. 0.53 More sensitive to market's ups & downs
Standard deviation	15.65 vs. 6.71 More volatile performance

Compare Mahindra Manulife Multi Cap Fund in detail with

About this fund

About Mahindra Manulife Multi Cap Fund

Mahindra Manulife Multi Cap Fund Direct - Growth is a Multi Cap mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 8 yrs 1 m, having been launched on 20/04/2017. Mahindra Manulife Multi Cap Fund Direct - Growth has ₹4,883 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mahindra Manulife Multi Cap Fund Direct - Growth as of 05/06/2025 is ₹40.07. The fund has an expense ratio of 0.41%, which is less than what most other Multi Cap funds charge.

Mahindra Manulife Multi Cap Fund Direct - Growth returns of last 1-year are 13.53%. Since launch, it has delivered 18.76% average annual returns. The fund has doubled the money invested in it every 3 yrs.
Mahindra Manulife Multi Cap Fund Direct - Growth 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 below average.
The fund has the majority of its money invested in Financial, Services, Healthcare, Energy, Communication sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., Bajaj Finance Ltd., Reliance Industries Ltd., Divi's Laboratories Ltd., Indus Towers Ltd..

...

Fund AUM	₹4,883 Crs as on Mar 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.

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.).

Investment objective

The scheme seeks to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality.

Mahindra Manulife Mutual Fund details

No. of schemes	24 view all schemes
Total AUM	₹27,256 Crs as on Mar 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 (in Crs.)	1Y	5Y
Mahindra Manulife Mid Cap Fund	N.A.	₹3,398 Crs	8.58%	31.99%
Mahindra Manulife Large & Mid Cap Fund	N.A.	₹2,415 Crs	6.1%	27.26%
Mahindra Manulife ELSS Tax Saver Fund	N.A.	₹895 Crs	8.17%	24.88%
Mahindra Manulife Focused Fund	N.A.	₹1,971 Crs	6.82%	N.A.
Mahindra Manulife Large Cap Fund	N.A.	₹611 Crs	9.42%	22.3%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Mahindra Manulife Multi Cap Fund - Direct Growth plan is approximately ₹40.0728 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Multi Cap Fund is a 8 yrs 1 m old fund and has delivered average annual returns of 18.77% since inception.

Mahindra Manulife Multi Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
10.7%	23.34%	29.48%	18.77%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Multi Cap Fund - Direct Growth has an expense ratio of 0.41%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Mahindra Manulife Multi Cap Fund currently has assets under management (AUM) or fund size valued at approximately ₹4,883 Crs crore as of Mar 31, 2025.

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

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

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.69%
Bajaj Finance Ltd.	4.12%
Reliance Industries Ltd.	3.88%
Divi's Laboratories Ltd.	3.51%
Indus Towers Ltd.	3.05%
Interglobe Aviation Ltd.	3.01%
Ultratech Cement Ltd.	2.55%
Trent Ltd.	2.44%
Bharti Airtel Ltd.	2.3%
PTC Industries Ltd.	2.2%

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

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

Sector	Percentage of Portfolio
Financial	22.87%
Services	13.06%
Healthcare	10.49%
Energy	8.82%
Communication	5.91%
Technology	5.6899999999999995%
Metals & Mining	4.76%
Consumer Staples	4.68%
Capital Goods	4.44%
Materials	4.29%

What is risk level of Mahindra Manulife Multi Cap Fund?

This is a Multi 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 do I invest in Mahindra Manulife Multi Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 Multi Cap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mahindra Manulife Multi Cap Fund is complete.

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

Redeeming your investments in Mahindra Manulife Multi Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mahindra Manulife Multi Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Multi 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 16.72% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Multi Cap funds.
Exit Load: Exit load of 1% if redeemed within 3 months.