Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd. joined hands together to bring Mahindra Manulife Mutual Funds into the Indian mutual fund market.
With a customer-centric approach and a brilliant track record of fulfilling customer goals, the entity has been one of the top-notch members of the industry.
Mahindra & Mahindra Financial Services Limited and Manulife Investment Management together bring a perfect blend of global wealth and asset management skills.
Mahindra Manulife Mutual Funds brings forth a diverse set of mutual funds, including multi-cap, large-cap, mid-cap, flexi-cap, small-cap, aggressive hybrid, ELSS, etc.
| Fund Name | Category | Risk | NAV | Expense Ratio | 1Y Returns | 3Y Returns | 5Y Returns | 7Y Returns | 10Y Returns | Rating | Fund Size (in Cr) | Exit Load |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mahindra Manulife Liquid Fund | Debt | Moderate | 1,812.26 | 0.15 | 6.2% | 7.0% | 6.2% | 5.8% | -- | 4 | ₹1,058 | Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. See more |
Mahindra Manulife Multi Cap Fund | Equity | Very High | 42.76 | 0.47 | 8.8% | 21.2% | 18.6% | 20.8% | -- | 4 | ₹6,438 | Exit load of 1% if redeemed within 3 months. |
Mahindra Manulife Mid Cap Fund | Equity | Very High | 40.35 | 0.49 | 11.3% | 25.6% | 21.1% | 23.1% | -- | 4 | ₹4,687 | Exit load of 1% if redeemed within 3 months. |
Mahindra Manulife Aggressive Hybrid Fund | Hybrid | Very High | 29.55 | 0.76 | -0.1% | 15.3% | 14.4% | -- | -- | 4 | ₹2,264 | Exit load for units more than 10% of the investments, an exit load of 1% if redeemed within 3 months. See more |
Mahindra Manulife Focused Fund | Equity | Very High | 29.47 | 0.47 | 4.0% | 19.4% | 17.9% | -- | -- | 4 | ₹2,207 | Exit load of 1% if redeemed within 3 months. |
Mahindra Manulife Large & Mid Cap Fund | Equity | Very High | 29.44 | 0.52 | 3.1% | 16.8% | 15.6% | -- | -- | 3 | ₹2,688 | Exit load of 1%, if redeemed within 3 months. |
Mahindra Manulife Consumption Fund | Equity | Very High | 23.84 | 2.44 | -2.3% | 13.0% | 12.9% | 12.8% | -- | 3 | ₹503 | Exit load of 1%, if redeemed within 3 months. |
Mahindra Manulife Large Cap Fund | Equity | Very High | 24.55 | 1.31 | -3.3% | 12.5% | 11.5% | 13.3% | -- | 4 | ₹700 | Exit load of 1% if redeemed within 3 months. |
Mahindra Manulife ELSS Tax Saver Fund | Equity | Very High | 31.67 | 0.76 | -3.1% | 12.2% | 13.0% | 14.5% | -- | 3 | ₹888 | - |
Mahindra Manulife Equity Savings Fund | Hybrid | Moderately High | 24.82 | 0.82 | 5.4% | 11.2% | 10.0% | 11.2% | -- | 3 | ₹531 | Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days. See more |
Mahindra Manulife Ultra Short Duration Fund | Debt | Low to Moderate | 1,486.60 | 0.31 | 6.2% | 7.2% | 6.3% | -- | -- | 4 | ₹211 | - |
Mahindra Manulife Low Duration Fund | Debt | Moderate | 1,846.33 | 0.42 | 5.9% | 7.3% | 6.4% | 6.6% | -- | 4 | ₹560 | - |
Mahindra Manulife Overnight Fund | Debt | Low | 1,404.12 | 0.14 | 5.4% | 6.2% | 5.6% | -- | -- | 4 | ₹128 | - |
Mahindra Manulife Arbitrage Fund | Hybrid | Low | 13.52 | 8.19 | 6.0% | 6.5% | 5.7% | -- | -- | 1 | ₹112 | Exit load of 0.25%, if redeemed within 30 days. |
Mahindra Manulife Dynamic Bond Fund | Debt | Moderate | 15.93 | 0.42 | 2.6% | 6.9% | 5.7% | 6.0% | -- | 3 | ₹52 | - |
| View All | ||||||||||||
| Mutual fund name | Mahindra Mutual Fund | |||||
| Asset management company name | Mahindra Mutual Fund | |||||
| AMC Setup Date | 04 Feb 2016 | |||||
| AMC Incorporation Date | 04 Feb 2016 | |||||
| Sponsor name | 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.) | |||||
| Name of trustees | Mr. Manohar G. Bhide | Mr. Gautam G. Parekh | Mr. A.K. Sridhar | Mr. Suneet K. Maheshwari | Mr. Nilesh Sathe | Mr. Michael C Fitzgerald |
| MD and CEO | Mr. Anthony Heredia | |||||
| CIO | Mr. Krishna Sanghavi, Mr. Rahul Pal | |||||
| Compliance Officer | Mr. Ravi Dayma | |||||
| Investor Service Officer | Ms. Pooja Vineet Deherkar | |||||
| Total AUM (as of end of last quarter) | ₹4,742.00Cr | |||||
| Address | 1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018 |
— Registered with SEBI, AMFI & BSE
— Paperless sign up on web & app
— Expert recommendations
— ZERO fees !
Like most other popular Mutual Funds in India, investing in Mahindra Manulife Mutual Funds online takes minimal time. Thanks to unified platforms like Groww, you can start investing very soon.
Here are the steps which you must follow:
Step 1. The first step is to sign in to Groww using your password and Log-in ID. In case you are a first-time visitor, you may choose to register your account for free with Groww. Registration is easy and requires minimal documentation.
Step 2. Upload any proof of your identity. Accepted documents in this section include PAN, Aadhaar, Voter ID Card, a valid driving license from any of the 29 states of Union Territories, valid ID proof provided by either the State of Central Governments, a Passport etc.
Step 3. You must now verify your address. Any document which mentions both your name and your permanent residence will suffice.
Step 4. You have to choose your risk appetite. Go to the Mahindra Manulife Mutual Funds section on the Groww website and click on risk level you choose. You can select any one of high, moderate and low risks.
Step 5. After the risk factor is settled, select the Mahindra Manulife Mutual Funds in which you plan to invest straight from our website.
Step 6. If you are planning to invest a lump sum amount at once, choose the option that says “Invest One Time”. On the other hand, most people plan to set up a new SIP. Click on “Start SIP” to start investing at once.
Remember that risks and amounts invested both come into play to yield dividends. The higher the risk, the greater the returns. However, if there is market turbulence and Mutual Funds buckle under the pressure, those with highest risk levels may face exposure. Low risks likewise translate to lower yields. If you have confidence in your judgment or have access to quality service, you can opt for medium-risk Mutual Funds.
Note that your investment will reflect in your Groww account within 3-4 working days only.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.99% & 6.17%. The Mahindra Manulife Liquid Fund comes under the Debt category of Mahindra Mutual Funds.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹1,058Cr |
| 1Y Returns | 6.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.2% & 18.59%. The Mahindra Manulife Multi Cap Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Multi Cap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹6,438Cr |
| 1Y Returns | 8.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.58% & 21.05%. The Mahindra Manulife Mid Cap Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Mid Cap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹4,687Cr |
| 1Y Returns | 11.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 15.31% & 14.36%. The Mahindra Manulife Aggressive Hybrid Fund comes under the Hybrid category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Aggressive Hybrid Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹2,264Cr |
| 1Y Returns | -0.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.37% & 17.93%. The Mahindra Manulife Focused Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Focused Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹2,207Cr |
| 1Y Returns | 4.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 16.75% & 15.57%. The Mahindra Manulife Large & Mid Cap Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Large & Mid Cap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹2,688Cr |
| 1Y Returns | 3.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.99% & 12.92%. The Mahindra Manulife Consumption Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Consumption Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹503Cr |
| 1Y Returns | -2.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.49% & 11.47%. The Mahindra Manulife Large Cap Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Large Cap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹700Cr |
| 1Y Returns | -3.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.19% & 13.01%. The Mahindra Manulife ELSS Tax Saver Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹888Cr |
| 1Y Returns | -3.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 11.21% & 10%. The Mahindra Manulife Equity Savings Fund comes under the Hybrid category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Equity Savings Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹531Cr |
| 1Y Returns | 5.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.2% & 6.33%. The Mahindra Manulife Ultra Short Duration Fund comes under the Debt category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Ultra Short Duration Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹211Cr |
| 1Y Returns | 6.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.34% & 6.4%. The Mahindra Manulife Low Duration Fund comes under the Debt category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Low Duration Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹560Cr |
| 1Y Returns | 5.9% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.22% & 5.59%. The Mahindra Manulife Overnight Fund comes under the Debt category of Mahindra Mutual Funds.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹128Cr |
| 1Y Returns | 5.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.48% & 5.67%. The Mahindra Manulife Arbitrage Fund comes under the Hybrid category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Arbitrage Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹112Cr |
| 1Y Returns | 6.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 6.92% & 5.71%. The Mahindra Manulife Dynamic Bond Fund comes under the Debt category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Dynamic Bond Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹52Cr |
| 1Y Returns | 2.6% |
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