Mahindra Manulife Equity Savings Fund Direct Growth

Mahindra Manulife Equity Savings Fund Direct Growth

+11.75%
3Y annualised
-0.19% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 15 Apr '26
₹24.93
Min. for SIP
₹500
Fund size (AUM)
₹513.04 Cr
Expense ratio
0.83%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹29,315
-2.28%
1 year₹60,000₹59,812
-0.31%
3 years₹1,80,000₹1,97,410
+9.67%
5 years₹3,00,000₹3,68,229
+22.74%

Holdings (103)

NameSectorInstrumentsAssets
ICICI Bank Ltd.FinancialEquity5.43%
HDFC Bank Ltd.FinancialEquity4.52%
Reliance Industries Ltd.EnergyEquity4.12%
Bajaj Finance Ltd.FinancialEquity4.05%
Ambuja Cements Ltd.ConstructionEquity4.05%
Bharti Telecom Ltd.CommunicationDebenture3.83%
Sun Pharmaceutical Industries Ltd.HealthcareEquity3.34%
Mahindra Manulife Liquid Fund Direct -Growth--Mutual Fund2.97%
Mahindra & Mahindra Ltd.AutomobileEquity2.50%
Larsen & Toubro Ltd.ConstructionEquity2.06%
REC Ltd.FinancialDebenture2.00%
REC Ltd.FinancialBonds1.96%
National Bank For Agriculture & Rural DevelopmentFinancialBonds1.95%
Reserve Bank of IndiaFinancialT-Bills1.92%
GOISovereignGOI Sec1.87%
Canara BankFinancialEquity1.82%
Jindal Steel Ltd.Metals & MiningEquity1.61%
Bharti Airtel Ltd.CommunicationEquity1.53%
Brookfield India Real Estate Trust REITConstructionREITs1.46%
Canara BankFinancialCD1.31%
State Bank of IndiaFinancialEquity1.23%
Kotak Mahindra Bank Ltd.FinancialEquity1.21%
Nexus Select TrustConstructionREITs1.14%
Embassy Office Parks REITConstructionREITs1.11%
TVS Credit Services Ltd.FinancialNCD1.00%
Bharti Telecom Ltd.CommunicationDebenture0.99%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.99%
GOISovereignGOI Sec0.98%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.98%
Divi's Laboratories Ltd.HealthcareEquity0.98%
Axis Bank Ltd.FinancialEquity0.95%
Axis Bank Ltd.FinancialCD0.93%
Infosys Ltd.TechnologyEquity0.90%
LG Balakrishnan & Bros Ltd.AutomobileEquity0.89%
NTPC Ltd.EnergyEquity0.83%
Godrej Properties Ltd.ConstructionNCD0.78%
Coromandel International Ltd.ChemicalsEquity0.77%
Aditya Vision Ltd.ServicesEquity0.76%
Godrej Industries Ltd.Consumer StaplesDebenture0.69%
Titan Company Ltd.Consumer DiscretionaryEquity0.66%
Shriram Pistons & Rings LtdAutomobileEquity0.66%
Tech Mahindra Ltd.TechnologyEquity0.64%
Raajmarg Infra Investment TrustConstructionInvITs0.63%
ITC Ltd.Consumer StaplesEquity0.62%
Piramal Finance Ltd.FinancialDebenture0.59%
L&T Finance Ltd.FinancialEquity0.56%
Tega Industries Ltd.Metals & MiningEquity0.56%
Acutaas Chemicals Ltd.HealthcareEquity0.55%
Tata Steel Ltd.Metals & MiningEquity0.55%
Shriram Finance LtdFinancialEquity0.53%
PTC Industries Ltd.Metals & MiningEquity0.52%
Hindalco Industries Ltd.Metals & MiningEquity0.51%
Maharashtra StateOthersSDL0.49%
S.P. Apparels Ltd.TextilesEquity0.48%
Shree Cement Ltd.ConstructionEquity0.47%
HDFC Bank Ltd.FinancialCD0.46%
GOISovereignGOI Sec0.45%
Inox India Ltd.Metals & MiningEquity0.43%
Eternal Ltd.ServicesEquity0.43%
Power Grid Corporation Of India Ltd.EnergyEquity0.42%
ISGEC Heavy Engineering Ltd.Capital GoodsEquity0.42%
JK Cement Ltd.ConstructionEquity0.42%
Grasim Industries Ltd.ConstructionEquity0.41%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.41%
Tata Consumer Products Ltd.Consumer StaplesEquity0.41%
Technocraft Industries (India) Ltd.Metals & MiningEquity0.41%
Anthem Biosciences Ltd.HealthcareEquity0.40%
Bank Of BarodaFinancialEquity0.40%
Carborundum Universal Ltd.Metals & MiningEquity0.39%
Muthoot Finance Ltd.FinancialNCD0.39%
SBI Life Insurance Company Ltd.InsuranceEquity0.39%
Maruti Suzuki India Ltd.AutomobileEquity0.38%
Persistent Systems Ltd.TechnologyEquity0.38%
Archean Chemical Industries Ltd.ChemicalsEquity0.38%
GAIL (India) Ltd.EnergyEquity0.37%
Tata Power Company Ltd.EnergyEquity0.37%
Gland Pharma Ltd.HealthcareEquity0.37%
Hindustan Unilever Ltd.Consumer StaplesEquity0.36%
Kirloskar Brothers Ltd.Capital GoodsEquity0.35%
Union Bank of IndiaFinancialEquity0.35%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.34%
Triveni Engineering & Industries Ltd.Consumer StaplesEquity0.34%
Nippon Life India Asset Management Ltd.FinancialEquity0.34%
Asahi India Glass Ltd.ConstructionEquity0.33%
Indian Oil Corporation Ltd.EnergyEquity0.33%
SRF Ltd.ChemicalsEquity0.33%
Afcons Infrastructure Ltd.ConstructionEquity0.25%
Hindustan Petroleum Corporation Ltd.EnergyEquity0.08%
Hindalco Industries Ltd.Metals & MiningFutures-0.05%
Hindustan Petroleum Corporation Ltd.EnergyFutures-0.08%
Bank Of BarodaFinancialFutures-0.40%
Kotak Mahindra Bank Ltd.FinancialFutures-0.66%
Titan Company Ltd.Consumer DiscretionaryFutures-0.66%
Larsen & Toubro Ltd.ConstructionFutures-1.32%
Jindal Steel Ltd.Metals & MiningFutures-1.62%
Canara BankFinancialFutures-1.83%
Mahindra & Mahindra Ltd.AutomobileFutures-1.93%
HDFC Bank Ltd.FinancialFutures-2.07%
Reliance Industries Ltd.EnergyFutures-2.63%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-2.64%
ICICI Bank Ltd.FinancialFutures-3.55%
Bajaj Finance Ltd.FinancialFutures-3.56%
Ambuja Cements Ltd.ConstructionFutures-4.06%
See All

Minimum investments

Min. for 1st investment
₹1,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name1Y3Y5YAll
Fund returns+9.4%+11.8%+10.6%+10.4%
Category average (Hybrid Equity Savings)+5.9%+9.9%+9.1%--
Rank (Hybrid Equity Savings)355--

Exit load, stamp duty and tax

Exit load

Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data

Fund management

KS
Kush Sonigara
Jan 2026 - Present
View details

Education
Mr. Sonigara is a B.Com (FM), FRM
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus Asset Management Co. Ltd., My Capital Solutions Pvt. Ltd. and TBNG Financial Consultants.

About Mahindra Manulife Equity Savings Fund Direct Growth

Mahindra Manulife Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Kush Sonigara is the Current Fund Manager of Mahindra Manulife Equity Savings Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 15 Apr 2026 is ₹24.93. The Mahindra Manulife Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days. ;

Investment Objective

The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
Fund benchmarkNIFTY Equity Savings Total Return Index

Fund house

Rank (total assets)#28 in India
Total AUM₹4,742.00 Cr
Date of Incorporation04 Feb 2016
Phone022-66327900
Launch Date04 Feb 2016
Address1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
CustodianDeutsche Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,