Mahindra Manulife Mid Cap Fund Direct Growth

Mahindra Manulife Mid Cap Fund Direct Growth

+25.55%
3Y annualised
+0.23% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May '26
₹39.98
Min. for SIP
₹500
Fund size (AUM)
₹4,687.67 Cr
Expense ratio
1.13%
Rating
4

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹31,164
+3.88%
1 year₹60,000₹63,185
+5.31%
3 years₹1,80,000₹2,19,237
+21.80%
5 years₹3,00,000₹4,77,225
+59.08%

Holdings (59)

NameSectorInstrumentsAssets
Indusind Bank Ltd.FinancialEquity3.10%
The Federal Bank Ltd.FinancialEquity2.93%
Glenmark Pharmaceuticals Ltd.HealthcareEquity2.91%
JSW Energy Ltd.Capital GoodsEquity2.52%
Nippon Life India Asset Management Ltd.FinancialEquity2.51%
Kei Industries Ltd.Capital GoodsEquity2.50%
Bharat Heavy Electricals Ltd.Capital GoodsEquity2.48%
Max Financial Services Ltd.FinancialEquity2.29%
AIA Engineering Ltd.Metals & MiningEquity2.28%
Tube Investments Of India Ltd.AutomobileEquity2.25%
L&T Finance Ltd.FinancialEquity2.24%
Blue Star Ltd.Consumer DiscretionaryEquity2.22%
Bank of MaharashtraFinancialEquity2.20%
Indus Towers Ltd.CommunicationEquity2.15%
PB Fintech Ltd.ServicesEquity2.11%
JK Cement Ltd.ConstructionEquity2.07%
Indian BankFinancialEquity2.07%
Anthem Biosciences Ltd.HealthcareEquity2.06%
IDFC First Bank Ltd.FinancialEquity1.99%
Astral Ltd.ChemicalsEquity1.98%
UNO Minda Ltd.AutomobileEquity1.98%
APL Apollo Tubes Ltd.Metals & MiningEquity1.86%
Larsen & Toubro Ltd.ConstructionEquity1.81%
GE Vernova T&D India LtdCapital GoodsEquity1.74%
Radico Khaitan Ltd.Consumer StaplesEquity1.70%
Equitas Small Finance Bank Ltd.FinancialEquity1.69%
Marico Ltd.Consumer StaplesEquity1.68%
SRF Ltd.ChemicalsEquity1.62%
Aditya Birla Capital Ltd.FinancialEquity1.62%
NMDC Ltd.Metals & MiningEquity1.57%
Triveni Turbine Ltd.ConstructionEquity1.55%
Alkem Laboratories Ltd.HealthcareEquity1.43%
Varun Beverages Ltd.Consumer StaplesEquity1.40%
Ceat Ltd.AutomobileEquity1.37%
JSW Infrastructure Ltd.ServicesEquity1.37%
Bharti Hexacom Ltd.CommunicationEquity1.34%
Mphasis Ltd.TechnologyEquity1.34%
Fortis Healthcare Ltd.HealthcareEquity1.32%
Aster DM Healthcare Ltd.HealthcareEquity1.30%
Solar Industries India Ltd.ChemicalsEquity1.30%
Shriram Finance LtdFinancialEquity1.28%
Biocon Ltd.HealthcareEquity1.24%
Minda Corporation Ltd.AutomobileEquity1.18%
Schaeffler India Ltd.Capital GoodsEquity1.18%
Kajaria Ceramics Ltd.ConstructionEquity1.18%
Belrise Industries Ltd.AutomobileEquity1.13%
Cochin Shipyard Ltd.Capital GoodsEquity1.09%
LIC Housing Finance Ltd.FinancialEquity1.05%
Coforge Ltd.TechnologyEquity1.05%
Karur Vysya Bank Ltd.FinancialEquity1.03%
Container Corporation Of India Ltd.ServicesEquity1.02%
Garden Reach Shipbuilders & Engineers Ltd.Capital GoodsEquity1.00%
ITC Hotels Ltd.ServicesEquity0.98%
Kirloskar Brothers Ltd.Capital GoodsEquity0.98%
Godrej Properties Ltd.ConstructionEquity0.97%
Dalmia Bharat Ltd.ConstructionEquity0.95%
LG Electronics India Ltd.Consumer DiscretionaryEquity0.88%
Havells India Ltd.Capital GoodsEquity0.53%
Elecon Engineering Company Ltd.Capital GoodsEquity0.29%
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+10.4%+25.6%+21.0%+18.2%
Category average (Equity Mid Cap)+2.0%+21.6%+21.5%--
Rank (Equity Mid Cap)1387--

Exit load, stamp duty and tax

Exit load

Exit load of 1% if redeemed within 3 months.

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

Compare similar funds

Name1Y3YFund Size(Cr)
WhiteOak Capital Mid Cap Fund Direct Growth
WhiteOak Capital Mid Cap Fund Direct Growth
+15.97%+27.49%5,293.04
Edelweiss Mid Cap Direct Plan Growth
Edelweiss Mid Cap Direct Plan Growth
+11.01%+26.28%15,910.69
Nippon India Growth Mid Cap Fund Direct Growth
Nippon India Growth Mid Cap Fund Direct Growth
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Sundaram Mid Cap Fund Direct Growth
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HDFC Mid Cap Fund Direct Growth
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Compare

Fund management

KD
Kirti Dalvi
Dec 2024 - Present
View details

ND
Neelesh Dhamnaskar
Feb 2026 - Present
View details

Education
Mr. Dhamnaskar is a B.Com (H)and MMS (Finance).
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Invesco MF, ENAM Securities Direct Pvt. Ltd. and KR Choksey Shares and Securities Pvt. Ltd. He has also worked with Anand Rathi Ltd., as Commodity Research Analyst.

KS
Krishna Sanghavi
Oct 2024 - Present
View details

Education
Mr. Sanghvi is a B.Com (H), CWA from ICWAI, Master of Management Studies (Finance) from NMIMS, Mumbai and CFA from ICFAI.
Experience
Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Canara Robeco AMC, Kotak Mahindra AMC Ltd. and Kotak Life Insurance, Aviva Life Insurance Company Ltd..

About Mahindra Manulife Mid Cap Fund Direct Growth

Mahindra Manulife Mid Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Kirti Dalvi is the Current Fund Manager of Mahindra Manulife Mid Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 20 May 2026 is ₹39.98. The Mahindra Manulife Mid Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 1% if redeemed within 3 months. ;

Investment Objective

The scheme seeks to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies.
Fund benchmarkNIFTY Midcap 150 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,