Mahindra Manulife Equity Savings Fund Direct Growth

Mahindra Manulife Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderately High Risk
+11.67%
3Y annualised
-0.32% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 09 Jan '26
₹24.85
Min. SIP amount
₹500
Fund size
₹566.91 Cr
Expense ratio
0.71%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹62,721
+4.54%
3 years₹1,80,000₹2,08,531
+15.85%
5 years₹3,00,000₹3,87,535
+29.18%

Holdings (103)

NameSectorInstrumentsAssets
ICICI Bank Ltd.FinancialEquity5.51%
Ambuja Cements Ltd.ConstructionEquity5.08%
HDFC Bank Ltd.FinancialEquity4.93%
Bajaj Finance Ltd.FinancialEquity4.39%
Reliance Industries Ltd.EnergyEquity4.18%
Sun Pharmaceutical Industries Ltd.HealthcareEquity3.00%
Mahindra & Mahindra Ltd.AutomobileEquity2.84%
Brookfield India Real Estate Trust REITConstructionREITs2.48%
Canara BankFinancialEquity2.07%
Larsen & Toubro Ltd.ConstructionEquity2.05%
LIC Housing Finance Ltd.FinancialNCD1.79%
Reserve Bank of IndiaFinancialT-Bills1.76%
Reserve Bank of IndiaFinancialT-Bills1.75%
Embassy Office Parks REITConstructionREITs1.74%
GOISovereignGOI Sec1.73%
Nexus Select TrustConstructionREITs1.73%
Bharti Airtel Ltd.CommunicationEquity1.63%
State Bank of IndiaFinancialEquity1.46%
Jindal Steel Ltd.Metals & MiningEquity1.38%
Kotak Mahindra Bank Ltd.FinancialEquity1.37%
Divi's Laboratories Ltd.HealthcareEquity1.29%
Canara BankFinancialCD1.17%
Infosys Ltd.TechnologyEquity1.13%
Axis Bank Ltd.FinancialEquity1.05%
TVS Credit Services Ltd.FinancialNCD0.92%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.91%
Bharti Telecom Ltd.CommunicationDebenture0.91%
Mahindra Manulife Liquid Fund Direct -GrowthNAMutual Fund0.90%
GOISovereignGOI Sec0.90%
Small Industries Devp. Bank of India Ltd.FinancialBonds0.89%
National Bank For Agriculture & Rural DevelopmentFinancialFRB0.89%
LG Balakrishnan & Bros Ltd.AutomobileEquity0.88%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.88%
Reserve Bank of IndiaFinancialT-Bills0.87%
Tech Mahindra Ltd.TechnologyEquity0.84%
Coromandel International Ltd.ChemicalsEquity0.83%
Axis Bank Ltd.FinancialCD0.83%
ITC Ltd.Consumer StaplesEquity0.79%
Tega Industries Ltd.Metals & MiningEquity0.79%
L&T Finance Ltd.FinancialEquity0.77%
NTPC Ltd.EnergyEquity0.76%
Godrej Properties Ltd.ConstructionNCD0.71%
Aditya Vision Ltd.ServicesEquity0.70%
Shriram Pistons & Rings LtdAutomobileEquity0.64%
Godrej Industries Ltd.Consumer StaplesDebenture0.63%
Grasim Industries Ltd.ConstructionEquity0.62%
Titan Company Ltd.Consumer DiscretionaryEquity0.61%
PTC Industries Ltd.Metals & MiningEquity0.58%
Tata Consultancy Services Ltd.TechnologyEquity0.57%
Shriram Finance LtdFinancialEquity0.54%
Piramal Finance Ltd.FinancialDebenture0.53%
Shree Cement Ltd.ConstructionEquity0.53%
GAIL (India) Ltd.EnergyEquity0.52%
Tata Consumer Products Ltd.Consumer StaplesEquity0.52%
SBI Life Insurance Company Ltd.InsuranceEquity0.48%
Maruti Suzuki India Ltd.AutomobileEquity0.47%
Hindalco Industries Ltd.Metals & MiningEquity0.46%
Tata Steel Ltd.Metals & MiningEquity0.46%
Maharashtra StateOthersSDL0.45%
Inox India Ltd.Metals & MiningEquity0.44%
Persistent Systems Ltd.TechnologyEquity0.44%
Bank Of BarodaFinancialEquity0.43%
GOISovereignGOI Sec0.43%
S.P. Apparels Ltd.TextilesEquity0.43%
Acutaas Chemicals Ltd.HealthcareEquity0.42%
JK Cement Ltd.ConstructionEquity0.41%
Gland Pharma Ltd.HealthcareEquity0.41%
Carborundum Universal Ltd.Metals & MiningEquity0.39%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.39%
Asahi India Glass Ltd.ConstructionEquity0.38%
Kirloskar Brothers Ltd.Capital GoodsEquity0.38%
SRF Ltd.ChemicalsEquity0.38%
Technocraft Industries (India) Ltd.Metals & MiningEquity0.38%
Indian Oil Corporation Ltd.EnergyEquity0.37%
Kei Industries Ltd.Capital GoodsEquity0.37%
Voltas Ltd.Consumer DiscretionaryEquity0.37%
Coal India Ltd.EnergyEquity0.37%
Hindustan Unilever Ltd.Consumer StaplesEquity0.36%
Muthoot Finance Ltd.FinancialNCD0.36%
Axis Bank Ltd.FinancialCD0.35%
Cube Highways TrustServicesDebenture0.35%
Power Grid Corporation Of India Ltd.EnergyEquity0.34%
REC Ltd.FinancialEquity0.33%
Afcons Infrastructure Ltd.ConstructionEquity0.32%
Archean Chemical Industries Ltd.ChemicalsEquity0.32%
ISGEC Heavy Engineering Ltd.Capital GoodsEquity0.30%
Hindustan Petroleum Corporation Ltd.EnergyEquity0.11%
Kwality Walls India Ltd.Consumer StaplesEquity0.01%
Hindalco Industries Ltd.Metals & MiningFutures-0.04%
Hindustan Petroleum Corporation Ltd.EnergyFutures-0.11%
Bank Of BarodaFinancialFutures-0.43%
Titan Company Ltd.Consumer DiscretionaryFutures-0.61%
Kotak Mahindra Bank Ltd.FinancialFutures-0.75%
Larsen & Toubro Ltd.ConstructionFutures-1.39%
Jindal Steel Ltd.Metals & MiningFutures-1.39%
Canara BankFinancialFutures-2.07%
Mahindra & Mahindra Ltd.AutomobileFutures-2.20%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-2.34%
HDFC Bank Ltd.FinancialFutures-2.54%
Reliance Industries Ltd.EnergyFutures-2.78%
ICICI Bank Ltd.FinancialFutures-3.59%
Bajaj Finance Ltd.FinancialFutures-3.98%
Ambuja Cements Ltd.ConstructionFutures-5.10%
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+8.7%+11.7%+11.0%+10.7%
Category average (Hybrid Equity Savings)+5.9%+9.9%+9.1%--
Rank (Hybrid Equity Savings)687--

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 09 Jan 2026 is ₹24.85. 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,