Mahindra Manulife Equity Savings Fund Direct Growth

Mahindra Manulife Equity Savings Fund Direct Growth

+11.25%
3Y annualised
-0.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 15 May '26
₹24.81
Min. for SIP
₹500
Fund size (AUM)
₹531.15 Cr
Expense ratio
0.82%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹30,060
+0.20%
1 year₹60,000₹60,966
+1.61%
3 years₹1,80,000₹2,00,262
+11.26%
5 years₹3,00,000₹3,73,730
+24.58%

Holdings (104)

NameSectorInstrumentsAssets
ICICI Bank Ltd.FinancialEquity5.49%
HDFC Bank Ltd.FinancialEquity4.61%
Bajaj Finance Ltd.FinancialEquity4.57%
Reliance Industries Ltd.EnergyEquity4.43%
Ambuja Cements Ltd.ConstructionEquity4.33%
Bharti Telecom Ltd.CommunicationDebenture3.71%
Sun Pharmaceutical Industries Ltd.HealthcareEquity3.32%
Mahindra & Mahindra Ltd.AutomobileEquity2.53%
Larsen & Toubro Ltd.ConstructionEquity2.20%
REC Ltd.FinancialDebenture1.92%
Canara BankFinancialEquity1.92%
REC Ltd.FinancialBonds1.89%
National Bank For Agriculture & Rural DevelopmentFinancialBonds1.88%
National Bank For Agriculture & Rural DevelopmentFinancialBonds1.87%
Reserve Bank of IndiaFinancialT-Bills1.86%
GOISovereignGOI Sec1.81%
Jindal Steel Ltd.Metals & MiningEquity1.71%
Bharti Airtel Ltd.CommunicationEquity1.56%
Brookfield India Real Estate Trust REITConstructionREITs1.42%
State Bank of IndiaFinancialEquity1.30%
Canara BankFinancialCD1.27%
Kotak Mahindra Bank Ltd.FinancialEquity1.27%
Embassy Office Parks REITConstructionREITs1.09%
Divi's Laboratories Ltd.HealthcareEquity1.04%
Axis Bank Ltd.FinancialEquity1.00%
Mahindra Manulife Liquid Fund Direct -Growth--Mutual Fund0.99%
TVS Credit Services Ltd.FinancialNCD0.97%
Bharti Telecom Ltd.CommunicationDebenture0.96%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture0.95%
GOISovereignGOI Sec0.95%
Small Industries Devp. Bank of India Ltd.FinancialBonds0.94%
Small Industries Devp. Bank of India Ltd.FinancialDebenture0.94%
Power Finance Corporation Ltd.FinancialBonds0.94%
LG Balakrishnan & Bros Ltd.AutomobileEquity0.92%
Reserve Bank of IndiaFinancialT-Bills0.92%
NTPC Ltd.EnergyEquity0.87%
Infosys Ltd.TechnologyEquity0.82%
Aditya Vision Ltd.ServicesEquity0.81%
Nexus Select TrustConstructionREITs0.80%
Coromandel International Ltd.ChemicalsEquity0.77%
Godrej Properties Ltd.ConstructionNCD0.75%
Shriram Pistons & Rings LtdAutomobileEquity0.73%
Titan Company Ltd.Consumer DiscretionaryEquity0.71%
Tech Mahindra Ltd.TechnologyEquity0.66%
Godrej Industries Ltd.Consumer StaplesDebenture0.66%
ITC Ltd.Consumer StaplesEquity0.66%
L&T Finance Ltd.FinancialEquity0.62%
Raajmarg Infra Investment TrustConstructionInvITs0.61%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.58%
Tata Steel Ltd.Metals & MiningEquity0.58%
Hindalco Industries Ltd.Metals & MiningEquity0.57%
Piramal Finance Ltd.FinancialDebenture0.57%
Tega Industries Ltd.Metals & MiningEquity0.55%
Acutaas Chemicals Ltd.HealthcareEquity0.54%
S.P. Apparels Ltd.TextilesEquity0.53%
PTC Industries Ltd.Metals & MiningEquity0.53%
Inox India Ltd.Metals & MiningEquity0.51%
ISGEC Heavy Engineering Ltd.Capital GoodsEquity0.51%
Persistent Systems Ltd.TechnologyEquity0.50%
Shriram Finance LtdFinancialEquity0.48%
Maharashtra StateOthersSDL0.47%
Carborundum Universal Ltd.Metals & MiningEquity0.47%
Technocraft Industries (India) Ltd.Metals & MiningEquity0.45%
Anthem Biosciences Ltd.HealthcareEquity0.45%
Eternal Ltd.ServicesEquity0.45%
HDFC Bank Ltd.FinancialCD0.45%
GOISovereignGOI Sec0.44%
Kirloskar Brothers Ltd.Capital GoodsEquity0.44%
Power Grid Corporation Of India Ltd.EnergyEquity0.44%
Shree Cement Ltd.ConstructionEquity0.43%
Grasim Industries Ltd.ConstructionEquity0.43%
GAIL (India) Ltd.EnergyEquity0.43%
Tata Power Company Ltd.EnergyEquity0.42%
Nippon Life India Asset Management Ltd.FinancialEquity0.42%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.41%
Bank Of BarodaFinancialEquity0.41%
Tata Consumer Products Ltd.Consumer StaplesEquity0.41%
Maruti Suzuki India Ltd.AutomobileEquity0.40%
SBI Life Insurance Company Ltd.InsuranceEquity0.39%
JK Cement Ltd.ConstructionEquity0.38%
Muthoot Finance Ltd.FinancialNCD0.38%
Hindustan Unilever Ltd.Consumer StaplesEquity0.38%
Archean Chemical Industries Ltd.ChemicalsEquity0.38%
Gland Pharma Ltd.HealthcareEquity0.37%
K.P.R. Mill Ltd.TextilesEquity0.36%
Triveni Engineering & Industries Ltd.Consumer StaplesEquity0.36%
Union Bank of IndiaFinancialEquity0.34%
SRF Ltd.ChemicalsEquity0.33%
Hindustan Petroleum Corporation Ltd.EnergyEquity0.09%
Hindalco Industries Ltd.Metals & MiningFutures-0.05%
Hindustan Petroleum Corporation Ltd.EnergyFutures-0.09%
Bank Of BarodaFinancialFutures-0.41%
Kotak Mahindra Bank Ltd.FinancialFutures-0.70%
Titan Company Ltd.Consumer DiscretionaryFutures-0.71%
Larsen & Toubro Ltd.ConstructionFutures-1.46%
Jindal Steel Ltd.Metals & MiningFutures-1.73%
Canara BankFinancialFutures-1.93%
Mahindra & Mahindra Ltd.AutomobileFutures-1.96%
HDFC Bank Ltd.FinancialFutures-2.11%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-2.62%
Reliance Industries Ltd.EnergyFutures-2.70%
ICICI Bank Ltd.FinancialFutures-3.60%
Bajaj Finance Ltd.FinancialFutures-4.03%
Ambuja Cements Ltd.ConstructionFutures-4.35%
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+5.3%+11.3%+10.4%+10.3%
Category average (Hybrid Equity Savings)+5.9%+9.9%+9.1%--
Rank (Hybrid Equity Savings)655--

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

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
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.

RSR
Renjith Sivaram Radhakrishnan
Jul 2023 - Present
View details

Education
Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd

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 May 2026 is ₹24.81. 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,