Mahindra Manulife Mutual Fund

Fund Name	Ratings	Risk	3Y Returns	AUM
Mahindra Manulife Mid Cap Fund Equity Mid Cap Fund	2	Very High	27.39%	₹3,460.90 cr.
Mahindra Manulife Mid Cap Fund Direct Plan IDCW Reinvestment Equity Mid Cap Fund	2	Very High	27.38%	₹3,460.90 cr.
Mahindra Manulife Mid Cap Fund Direct Plan IDCW Payout Equity Mid Cap Fund	2	Very High	27.38%	₹3,460.90 cr.
Mahindra Manulife Focused Fund Direct Plan IDCW Reinvestment Equity Focused Fund	0	Very High	22.97%	₹1,879.96 cr.
Mahindra Manulife Focused Fund Direct Plan IDCW Payout Equity Focused Fund	0	Very High	22.97%	₹1,879.96 cr.
Mahindra Manulife Focused Fund Equity Focused Fund	0	Very High	22.94%	₹1,879.96 cr.
Mahindra Manulife Multi Cap Fund Direct Plan IDCW Reinvestment Equity Multi Cap Fund	3	Very High	21.71%	₹4,857.81 cr.
Mahindra Manulife Multi Cap Fund Direct Plan IDCW Payout Equity Multi Cap Fund	3	Very High	21.71%	₹4,857.81 cr.
Mahindra Manulife Multi Cap Fund Equity Multi Cap Fund	3	Very High	21.69%	₹4,857.81 cr.
Mahindra Manulife Consumption Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic	0	Very High	21.27%	₹423.34 cr.
Mahindra Manulife Consumption Fund Direct Plan IDCW Payout Equity Sectoral / Thematic	0	Very High	21.27%	₹423.34 cr.
Mahindra Manulife Consumption Fund Equity Sectoral / Thematic	0	Very High	21.25%	₹423.34 cr.
Mahindra Manulife Flexi Cap Fund Equity Flexi Cap Fund	0	Very High	18.97%	₹1,457.54 cr.
Mahindra Manulife Flexi Cap Fund Direct Plan IDCW Payout Equity Flexi Cap Fund	0	Very High	18.96%	₹1,457.54 cr.
Mahindra Manulife Flexi Cap Fund Direct Plan IDCW Reinvestment Equity Flexi Cap Fund	0	Very High	18.96%	₹1,457.54 cr.
Mahindra Manulife Aggressive Hybrid Fund Direct Plan IDCW Reinvestment Hybrid Aggressive Hybrid Fund	3.5	Very High	18.94%	₹1,502.95 cr.
Mahindra Manulife Aggressive Hybrid Fund Direct Plan IDCW Payout Hybrid Aggressive Hybrid Fund	3.5	Very High	18.94%	₹1,502.95 cr.
Mahindra Manulife Aggressive Hybrid Fund Hybrid Aggressive Hybrid Fund	3.5	Very High	18.92%	₹1,502.95 cr.
Mahindra Manulife Large and Mid Cap Fund Direct Plan IDCW Reinvestment Equity Large & Mid Cap Fund	0	Very High	18.81%	₹2,537.55 cr.
Mahindra Manulife Large and Mid Cap Fund Direct Plan IDCW Payout Equity Large & Mid Cap Fund	0	Very High	18.81%	₹2,537.55 cr.
Mahindra Manulife Large and Mid Cap Fund Equity Large & Mid Cap Fund	0	Very High	18.8%	₹2,537.55 cr.
Mahindra Manulife ELSS Tax Saver Fund Direct Plan IDCW Payout Equity ELSS	3	Very High	17.06%	₹931.16 cr.
Mahindra Manulife ELSS Tax Saver Fund Equity ELSS	3	Very High	17.06%	₹931.16 cr.
Mahindra Manulife Large Cap Fund Direct Plan IDCW Reinvestment Equity Large Cap Fund	1.5	Very High	15.49%	₹594.99 cr.
Mahindra Manulife Large Cap Fund Direct Plan IDCW Payout Equity Large Cap Fund	1.5	Very High	15.49%	₹594.99 cr.
Mahindra Manulife Large Cap Fund Equity Large Cap Fund	1.5	Very High	15.47%	₹594.99 cr.
Mahindra Manulife Equity Savings Fund Direct Plan Dividend Payout Hybrid Equity Savings	4.5	Moderately High	10.75%	₹580.13 cr.
Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment Hybrid Equity Savings	4.5	Moderately High	10.75%	₹580.13 cr.
Mahindra Manulife Equity Savings Fund Hybrid Equity Savings	4.5	Moderately High	10.62%	₹580.13 cr.
Mahindra Manulife Low Duration Fund Direct Plan Monthly IDCW Payout Debt Low Duration Fund	2	Moderate	6.63%	₹593.88 cr.
Mahindra Manulife Low Duration Fund Direct Plan Monthly IDCW Reinvestment Debt Low Duration Fund	2	Moderate	6.63%	₹593.88 cr.
Mahindra Manulife Low Duration Fund Debt Low Duration Fund	2	Moderate	6.61%	₹593.88 cr.
Mahindra Manulife Ultra Short Duration Fund Debt Ultra Short Duration Fund	3	Moderately Low	6.57%	₹222.52 cr.
Mahindra Manulife Short Duration Fund Direct Plan IDCW Reinvestment Debt Short Duration Fund	0	Moderate	6.54%	₹69.68 cr.
Mahindra Manulife Short Duration Fund Direct Plan IDCW Payout Debt Short Duration Fund	0	Moderate	6.54%	₹69.68 cr.
Mahindra Manulife Short Duration Fund Debt Short Duration Fund	0	Moderate	6.54%	₹69.68 cr.
Mahindra Manulife Liquid Fund Debt Liquid Fund	3.5	Moderate	6.47%	₹1,310.82 cr.
Mahindra Manulife Dynamic Bond Fund Direct Plan Quarterly IDCW Reinvestment Debt Dynamic Bond	1.5	Moderate	6.13%	₹80.07 cr.
Mahindra Manulife Dynamic Bond Fund Direct Plan Quarterly IDCW Payout Debt Dynamic Bond	1.5	Moderate	6.13%	₹80.07 cr.
Mahindra Manulife Dynamic Bond Fund Direct Plan IDCW Reinvestment Debt Dynamic Bond	1.5	Moderate	6.13%	₹80.07 cr.
Mahindra Manulife Dynamic Bond Fund Direct Plan IDCW Payout Debt Dynamic Bond	1.5	Moderate	6.13%	₹80.07 cr.
Mahindra Manulife Dynamic Bond Fund Debt Dynamic Bond	1.5	Moderate	6.12%	₹80.07 cr.
Mahindra Manulife Overnight Fund Debt Overnight Fund	3	Low	5.99%	₹300.68 cr.
Mahindra Manulife Arbitrage Fund Hybrid Arbitrage Fund	0	Low	5.88%	₹106.53 cr.
Mahindra Manulife Arbitrage Fund Direct Plan IDCW Reinvestment Hybrid Arbitrage Fund	0	Low	5.88%	₹106.53 cr.
Mahindra Manulife Arbitrage Fund Direct Plan IDCW Payout Hybrid Arbitrage Fund	0	Low	5.88%	₹106.53 cr.
Mahindra Manulife Multi Asset Allocation Fund Direct Plan IDCW Payout Payout Hybrid Multi Asset Allocation	0	High	0%	₹544.76 cr.
Mahindra Manulife Balanced Advantage Fund Hybrid Dynamic Asset Allocation or Balanced Advantage	0	Moderately High	0%	₹904.25 cr.
Mahindra Manulife Balanced Advantage Fund Direct Plan IDCW Payout Hybrid Dynamic Asset Allocation or Balanced Advantage	0	Moderately High	0%	₹904.25 cr.
Mahindra Manulife Balanced Advantage Fund Direct Plan IDCW Reinvestment Hybrid Dynamic Asset Allocation or Balanced Advantage	0	Moderately High	0%	₹904.25 cr.
Mahindra Manulife Small Cap Fund Equity Small Cap Fund	0	Very High	0%	₹4,269.25 cr.
Mahindra Manulife Small Cap Fund Direct Plan IDCW Payout Equity Small Cap Fund	0	Very High	0%	₹4,269.25 cr.
Mahindra Manulife Small Cap Fund Direct Plan IDCW Reinvestment Equity Small Cap Fund	0	Very High	0%	₹4,269.25 cr.
Mahindra Manulife Multi Asset Allocation Fund Hybrid Multi Asset Allocation	0	High	0%	₹544.76 cr.
Mahindra Manulife Business Cycle Fund Equity Sectoral / Thematic	0	Very High	0%	₹1,183.01 cr.
Mahindra Manulife Business Cycle Fund Direct Plan IDCW Payout Equity Sectoral / Thematic	0	Very High	0%	₹1,183.01 cr.
Mahindra Manulife Business Cycle Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic	0	Very High	0%	₹1,183.01 cr.
Mahindra Manulife Manufacturing Fund Equity Sectoral / Thematic	0	Very High	0%	₹895.61 cr.
Mahindra Manulife Manufacturing Fund Direct Plan IDCW Payout Equity Sectoral / Thematic	0	Very High	0%	₹895.61 cr.
Mahindra Manulife Multi Asset Allocation Fund Direct Plan IDCW Reinvestment Reinvestment Hybrid Multi Asset Allocation	0	High	0%	₹544.76 cr.
Mahindra Manulife Manufacturing Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic	0	Very High	0%	₹895.61 cr.
Mahindra Manulife Asia Pacific REITs FoF Direct Plan IDCW Reinvestment Other FoFs Overseas	0	Very High	-4.62%	₹21.96 cr.
Mahindra Manulife Asia Pacific REITs FoF Direct Plan IDCW Payout Other FoFs Overseas	0	Very High	-4.62%	₹21.96 cr.
Mahindra Manulife Asia Pacific REITs FoF Other FoFs Overseas	0	Very High	-4.62%	₹21.96 cr.

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

Founding date	04-Feb-2016
AMC Incorporation date	20-Jun-2013
Headquarters in	Mumbai
Name of the sponsors	Mahindra and Mahindra Financial Services Ltd., Manulife Investment Management (Singapore) Pte. Ltd.
Trustee organisation	Mahindra Manulife Trustee Pvt. Ltd. (Formerly Mahindra Trustee Company Pvt. Ltd.)
MD and CEO	Mr Anthony Heredia
Chief Investment Officer	Mr Krishna Sanghavi
Compliance Officer	Mr Ravi Dayma

Mahindra Manulife Mutual Fund Managers

Rahul Pal

Fund Manager since Apr 2022 (2 years)

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Rahul Pal is a Chartered Accountant from the Institute of Chartered Accountants of India. He started his career with IDBI Bank as a Manager and then worked at Sundaram BNP Paribas Mutual Fund and Taurus Mutual Fund before moving to Mahindra Manulife Mutual Fund as the Chief Investment Officer - Fixed Income.

V Balasubramanian

Fund Manager since Apr 2022 (2 years)

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V. Balasubramanian, currently the CIO at Jain Investment Advisors Pvt. Ltd. since July 2022, brings over 35 years of experience in financial markets, including significant roles at Mahindra Manulife and IDBI Mutual Fund. Known for his strategic expertise in equity, debt, and forex, he excels in delivering superior risk-adjusted returns.

Krishna Sanghavi

Fund Manager since Aug 2023 (1 year)

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Krishna Sanghavi did his MMS in Finance from NMIMS, Mumbai. He worked at Canara Robeco AMC, Kotak Mahindra AMC Ltd and Kotak Life Insurance, Aviva Life Insurance Company Ltd, before joining Mahindra Manulife Mutual Fund.

Abhinav Khandelwal

Fund Manager since Nov 2022 (2 years)

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Mr. Khandelwal is Chartered Accountant and has a B.Com degree too. Before joining Mahindra Manulife Mutual Fund, he worked as Fund Manager (offshore) with Canara Robeco Mutual Fund, as Assistant Fund Manager with Aegon Life Insurance Company, and as equity analyst with Asian Market Securities and Systematix Shares & Stocks.

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:

Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
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.
Evaluate the fund’s level of risk and weigh it against your risk tolerance.
Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 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.

Decide whether you want to invest in a lump sum or via monthly SIP
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
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:

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

Name of the Fund	Sub Category	AUM (₹in crore)	Minimum Investment (₹)	CAGR 3Y (%)	CAGR 5Y (%)
Mahindra Manulife Mid Cap Fund	Mid Cap Fund	1475.96	1000	34.08	22.48
Mahindra Manulife Multi Cap Fund	Multi Cap Fund	2119.98	500	32.48	22.29
Mahindra Manulife Large & Mid Cap Fund	Large & Mid Cap Fund	1378.25	500	29.91	–
Mahindra Manulife ELSS Fund	Equity Linked Savings Scheme (ELSS)	656.14	500	28.11	16.65
Mahindra Manulife Consumption Fund	Sectoral Fund – Consumption	88.78	1000	24.25	–
Mahindra Manulife Aggressive Hybrid Fund	Aggressive Hybrid Fund	789.98	500	23.71	–
Mahindra Manulife Large Cap Fund	Large Cap Fund	260.78	1000	23.7	–
Mahindra Manulife Equity Savings Fund	Equity Savings	400.48	1000	15	12.05
Mahindra Manulife Low Duration Fund	Low Duration Fund	429.29	500	5.23	6.5
Mahindra Manulife Ultra Short Duration Fund	Ultra Short Duration Fund	207.75	1000	5.07	–

**All data as of October 4, 2023.

Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

Mahindra Manulife Mid Cap Fund

This fund falls into the Mid Cap category and has an Asset Under Management (AUM) of ₹1,475.96 crore. Mahindra Manulife Mid Cap Fund primarily invests in mid-sized companies, aiming to deliver steady growth over time. Its underlying assets consist of a diverse portfolio of mid-cap stocks. With a reasonable expense ratio of 0.56%, it has shown a Compound Annual Growth Rate (CAGR) of 34.08% over the past 3 years. This fund welcomes investments starting at ₹1000.

Mahindra Manulife Multi Cap Fund

Mahindra Manulife Multi Cap Fund invests across various market cap, ensuring flexibility and diversification in its underlying assets. Categorised as a Multi Cap Fund, it manages an AUM of ₹2,119.98 crore and maintains a modest expense ratio of 0.43%. Over the last 3 years, it has delivered a CAGR of 32.48%. This fund allows for investments starting at ₹500.

Mahindra Manulife Large & Mid Cap Fund

Operating in the Large & Mid Cap category, this fund oversees an AUM of ₹1378.25 crore with an expense ratio of 0.46%. Mahindra Manulife Large & Mid Cap Fund seeks to balance its portfolio between large and mid-sized companies, offering a blend of stability and growth in its underlying assets. Over the past 3 years, it has yielded a CAGR of 29.91%. The minimum investment amount for this fund is ₹500.

Mahindra Manulife ELSS Fund

An Equity Linked Savings Scheme (ELSS), this fund manages an AUM of ₹656.14 crore and has an expense ratio of 0.67%. Over the last 3 years, it has provided a CAGR of 28.11%. This fund allows investments starting at ₹500. Mahindra Manulife ELSS Fund combines tax-saving benefits with investments in equities, making it suitable for long-term financial planning. Its underlying assets consist of a diversified equity portfolio.

Mahindra Manulife Consumption Fund

As a Sectoral Fund focused on Consumption, this fund handles an AUM of ₹88.78 crore and has an expense ratio of 0.79%. It has shown a CAGR of 24.25% over 3 years and accepts a minimum investment of ₹1,000. Mahindra Manulife Consumption Fund concentrates its investments in companies related to the consumption sector, offering potential growth based on consumer trends.

Mahindra Manulife Aggressive Hybrid Fund

This Aggressive Hybrid Fund manages an AUM of ₹789.98 crore and maintains an expense ratio of 0.59%. Over a 3-year period, it has achieved a CAGR of 23.71%. The minimum investment for this fund is ₹500. Mahindra Manulife Aggressive Hybrid Fund combines equity and debt investments for a balanced approach. Its underlying assets include a mix of stocks and bonds.

Mahindra Manulife Large Cap Fund

Belonging to the Large Cap Fund category, this fund has an AUM of ₹260.78 crore and an expense ratio of 0.73%. It has provided a CAGR of 23.7% over the past 3 years and allows investments starting at ₹1000. Mahindra Manulife Large Cap Fund primarily invests in large, well-established companies, offering stability in its underlying assets.

Mahindra Manulife Equity Savings Fund

As an Equity Savings Fund, it manages an AUM of ₹400.48 crore and maintains an expense ratio of 0.72%. Over the last 3 years, it has delivered a CAGR of 15%. The minimum investment for this fund is ₹1,000. Mahindra Manulife Equity Savings Fund combines equity, debt, and arbitrage strategies to create a balanced portfolio.

Mahindra Manulife Low Duration Fund

Operating as a Low Duration Fund, this scheme oversees an AUM of ₹429.29 crore with an expense ratio of 0.3%. Over the past 3 years, it has provided a CAGR of 5.23%. The minimum investment amount for this fund is ₹500. Mahindra Manulife Low Duration Fund primarily invests in short-term debt instruments, making it suitable for those seeking lower risk and liquidity.

Mahindra Manulife Ultra Short Duration Fund

Categorised as an Ultra Short Duration Fund, it manages an AUM of ₹207.75 crore with an expense ratio of 0.29%. Over the last 3 years, it has shown a CAGR of 5.07%. This fund allows investments starting at ₹1,000. Mahindra Manulife Ultra Short Duration Fund primarily invests in very short-term debt instruments, providing a stable and low-risk option for investors.

Mutual Funds Calculators

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Mahindra Manulife Mutual Fund FAQs

How to start Mahindra Mutual Fund SIP online?

You can start Mahindra Asset Management Company Private Ltd. (MAMCPL) SIP online on the go. Invest in Mahindra Asset Management Company Private Ltd. (MAMCPL) SIP online through the Angel One app or web platform for a hassle-free investing experience. Doing this will allow you to track all your investments in one place. Alternatively, you can visit the Mahindra Asset Management Company Private Ltd. (MAMCPL) official website to start a SIP online.

Which scheme is the best in Mahindra Mutual Fund?

The best scheme in Mahindra Mutual Fund should align with your investment objectives and risk appetite. Here's what you can do:

Read the fund's prospectus and other documents.
Consider your investment goals
Evaluate the performance of the scheme
Understand the costs involved.
Seek professional advice if needed

How to redeem Mahindra Mutual Fund online?

You can redeem your units at Mahindra Asset Management Company Private Ltd. (MAMCPL) in two ways - via AMC’s website and Angel One. For the latter route, head to the Mutual Funds section under the Angel One App or visit https://www.angelone.in/mutual-funds.

Are Mahindra Mutual Fund schemes tax-free?

Not all schemes are tax-free. As with any other ELSS, the one offered by Mahindra Mutual Fund also comes with tax benefits. By investing in Mahindra Mutual Fund ELSS Schemes, you can claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year.

Who owns the Mahindra Mutual Fund?

Mr Ramesh Iyer is the Vice Chairman and the Managing Director of Mahindra & Mahindra Financial Services Limited. He is also a member of the group executive board of Mahindra & Mahindra Limited.

About Mahindra Manulife Mutual Fund

Mahindra Manulife Mutual Fund Key Information

Mahindra Manulife Mutual Fund Managers

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

Documents Required To Invest in Mahindra Manulife Mutual Fund