Mahindra Manulife Mutual Fund

About Mahindra Manulife Mutual Fund

Mahindra Manulife Investment Management Private Limited is a joint venture between Mahindra Finance and Manulife Investment Management, combining the former's strength in the domestic market and successful business-building track record with the latter's global wealth and asset management capabilities and experience in serving the needs of Asian consumers across different markets. The joint venture aims to offer a wide range of investment solutions across India, with a particular focus on semi-urban areas. The company also boasts a strong distribution network that allows it to reach a broad range of customers across the country. With these capabilities and a unique blend of expertise,  Mahindra Manulife Investment Management Private Limited is well-positioned to provide its customers with high-quality, comprehensive investment solutions to suit their needs. Mahindra Mutual Fund offers a robust portfolio of 21 schemes, with 9 equity, 6 debt, and 4 hybrid funds managed by 8 fund managers. The schemes are spread across different categories, providing customers with a wide range of investment options to choose from. With an AUM of ₹12,581.74 crores as of September 2023, Mahindra Mutual Fund is one of the leading players in the Indian mutual fund industry, offering customers high-quality investment solutions that meet their diverse needs.

Mahindra Manulife Mutual Fund Key Information

How to Invest in Mahindra Manulife Mutual Fund via Angel One?

Investing in the Axis Mutual Fund is a hassle-free process when done through your Angel One account. You just have to follow these steps: Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN. Note: In case you do not have an account with Angel One, you can open a demat account with us in under a few minutes by submitting the necessary documents. Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:

1. Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
2. Analyse the fund’s past performance, tax incidence, and the sectors and companies in which it invests. You can also calculate the potential returns using the calculator.
3. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
4. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
5. Consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.

1. Decide whether you want to invest in a lump sum or via monthly SIP
2. Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
3. After placing the order, in the case of the SIP route of investment, you can create a mandate to make hassle-free future installments.

Documents Required To Invest in Mahindra Manulife Mutual Fund

Investing in Mahindra Manulife Mutual Fund through Angel One is a digitally streamlined experience. The KYC process is simple, requiring only essential documents:

1. PAN Card Details (Compulsory)
2. Personal Information (Full Name, Mobile Number, Email Address)
3. We recommend using your Aadhar Card for Address Proof, both front and back sides.
4. Bank Account Details, including a cancelled check if necessary
5. Nominee details and FATCA Declarations

With Angel One, your KYC verification is a hassle-free procedure, ensuring efficient access to Mahindra Manulife Mutual Fund for both new and returning investors. You can count on our user-friendly platform to help you achieve your financial goals. Your KYC process will be completed in just 48-72 business hours, enabling you to initiate your mutual fund journey.

Top 10 Mahindra Manulife Mutual Funds to Invest in

Note: The data is as of February 2026, with funds ranked by the highest 3-year CAGR among Mahindra Manulife Mutual Fund schemes.

Mahindra Manulife Mid Cap Fund

The Mahindra Manulife Mid Cap Fund is an open‑ended equity scheme focused on achieving long‑term capital appreciation by investing predominantly in mid‑cap companies. Managed by Kirti Dalvi and Krishna Sanghavi, the fund targets growth‑oriented opportunities across India’s mid‑cap universe.

It is benchmarked against the NIFTY Midcap 150 TRI. An exit load of 1% is levied if units are redeemed within 3 months.

Mahindra Manulife Small Cap Fund

The Mahindra Manulife Small Cap Fund is an open‑ended equity scheme focused on achieving long‑term capital appreciation by investing predominantly in small‑cap companies. Managed by Vishal Jajoo and Krishna Sanghavi, the fund targets early‑stage and high‑growth opportunities across the small‑cap universe.

It is benchmarked against the BSE 250 SmallCap TRI Index. An exit load of 1% is levied if units are redeemed within 3 months.

Mahindra Manulife Multi Cap Fund

The Mahindra Manulife Multi Cap Fund is an open‑ended equity scheme focused on achieving long‑term capital appreciation by investing across large‑cap, mid‑cap and small‑cap companies. Managed by Fatema Pacha and Vishal Jajoo, the fund targets diversified opportunities spanning the entire market‑cap universe.

It is benchmarked against the Nifty 500 Multicap 50:25:25 TRI. An exit load of 1% is levied if units are redeemed within 3 months.

Mahindra Manulife Focused Fund

The Mahindra Manulife Focused Fund is an open‑ended equity scheme focused on achieving long‑term capital appreciation by investing in a concentrated portfolio of up to 30 stocks. Managed by Krishna Sanghavi and Fatema Pacha, the fund targets high‑conviction opportunities across the multi‑cap universe.

It is benchmarked against the NIFTY 500 TRI. An exit load of 1% is levied if units are redeemed within 3 months.

Mahindra Manulife Large & Mid Cap Fund

The Mahindra Manulife Large & Mid Cap Fund is an open‑ended equity scheme focused on achieving long‑term capital appreciation by investing in both large‑cap and mid‑cap companies. Managed by Kirti Dalvi, the fund targets growth opportunities across established leaders and emerging mid‑cap names.

It is benchmarked against the NIFTY LargeMidcap 250 TRI. An exit load of 1% is levied if units are redeemed within 3 months.

Mahindra Manulife Aggressive Hybrid Fund

The Mahindra Manulife Aggressive Hybrid Fund is an open‑ended hybrid scheme focused on achieving long‑term capital appreciation by investing predominantly in equity along with debt and money‑market instruments. Managed by Fatema Pacha, Kirti Dalvi, Rahul Pal and Amit Garg, the fund targets balanced growth opportunities across equity and fixed‑income segments.

It is benchmarked against the CRISIL Hybrid 35+65 Aggressive Index. An exit load of 1% is levied if units exceeding 10% of the investment are redeemed within 3 months.

Mahindra Manulife Flexi Cap Fund

The Mahindra Manulife Flexi Cap Fund is an open‑ended equity scheme focused on achieving long‑term capital appreciation by investing dynamically across large‑cap, mid‑cap and small‑cap companies. Managed by Neelesh Dhamnaskar and Fatema Pacha, the fund targets flexible opportunities across the evolving market‑cap universe. 

It is benchmarked against the NIFTY 500 TRI. An exit load of 1% is levied if units are redeemed within 3 months. 

Mahindra Manulife Consumption Fund

The Mahindra Manulife Consumption Fund is an open‑ended equity scheme focused on achieving long‑term capital appreciation by investing in companies benefiting from India’s consumption‑led growth. Managed by Navin Matta and Fatema Pacha, the fund targets opportunities across consumer‑driven sectors and demand‑focused businesses.

It is benchmarked against the Nifty India Consumption TRI. An exit load of 1% is levied if units are redeemed within 3 months.

Mahindra Manulife Large Cap Fund

The Mahindra Manulife Large Cap Fund is an open‑ended equity scheme focused on achieving long‑term capital appreciation by investing predominantly in large‑cap companies. Managed by Fatema Pacha and Kirti Dalvi, the fund targets stable growth opportunities across India’s blue‑chip universe.

It is benchmarked against the NIFTY 100 TRI. An exit load of 1% is levied if units are redeemed within 3 months.

Mahindra Manulife ELSS Tax Saver Fund

The Mahindra Manulife ELSS Tax Saver Fund is an open‑ended equity‑linked savings scheme focused on achieving long‑term capital appreciation through a diversified equity portfolio. Managed by Fatema Pacha, the fund targets multi‑sector opportunities while offering tax benefits under Section 80C.

It is benchmarked against the NIFTY 500 TRI. The scheme has a statutory lock‑in of 3 years and carries no exit load.