Mahindra Manulife Mid Cap Fund Direct Growth

Mahindra Manulife Mid Cap Fund Direct Growth

+17.86%
3Y annualised
-0.22% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 10 Sep '26
₹41.79
Min. for SIP
₹500
Fund size (AUM)
₹5,186.23 Cr
Expense ratio
0.74%
Rating
4

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹31,070
+3.57%
1 year₹60,000₹64,008
+6.68%
3 years₹1,80,000₹2,14,539
+19.19%
5 years₹3,00,000₹4,74,081
+58.03%

Holdings (58)

NameSectorInstrumentsAssets
The Federal Bank LtdFinancialEquity3.77%
Indusind Bank LtdFinancialEquity3.50%
Nippon Life India Asset Management LtdFinancialEquity2.61%
L&T Finance Holdings LtdFinancialEquity2.56%
Coforge LtdTechnologyEquity2.54%
Aditya Birla Capital LtdFinancialEquity2.51%
RepoUnspecifiedRepo2.44%
Glenmark Pharmaceuticals LtdHealthcareEquity2.43%
Kei Industries LtdIndustrialsEquity2.33%
AIA Engineering LtdIndustrialsEquity2.29%
Fortis Healthcare LtdHealthcareEquity2.27%
JSW Energy LtdEnergy & UtilitiesEquity2.25%
PB Fintech LtdFinancialEquity2.24%
IDFC First Bank LtdFinancialEquity2.19%
Marico LtdConsumer StaplesEquity2.10%
Max Financial Services LtdFinancialEquity2.04%
Bank of MaharashtraFinancialEquity2.02%
Anthem Biosciences Ltd.HealthcareEquity1.99%
SRF LtdMaterialsEquity1.99%
Cochin Shipyard LtdIndustrialsEquity1.97%
UNO Minda LtdConsumer DiscretionaryEquity1.96%
Radico Khaitan LtdConsumer StaplesEquity1.94%
JK Cement LtdMaterialsEquity1.92%
Tube Investments Of India LtdConsumer DiscretionaryEquity1.90%
Blue Star LtdIndustrialsEquity1.90%
APL Apollo Tubes LtdIndustrialsEquity1.89%
Belrise Industries Ltd.Consumer DiscretionaryEquity1.85%
Biocon LtdHealthcareEquity1.84%
Mphasis LtdTechnologyEquity1.70%
Astral LtdIndustrialsEquity1.69%
Karur Vysya Bank LtdFinancialEquity1.68%
Larsen & Toubro LtdIndustrialsEquity1.61%
GE T&D India LtdIndustrialsEquity1.61%
JSW Infrastructure LtdIndustrialsEquity1.60%
Equitas Small Finance Bank LtdFinancialEquity1.57%
IIFL Wealth Management LtdFinancialEquity1.55%
Godrej Properties LtdReal EstateEquity1.53%
Triveni Turbine LtdIndustrialsEquity1.47%
Minda Corporation LtdConsumer DiscretionaryEquity1.43%
Shriram Transport Finance Company LtdFinancialEquity1.42%
Ceat LtdConsumer DiscretionaryEquity1.42%
Solar Industries India LtdMaterialsEquity1.40%
Varun Beverages LtdConsumer StaplesEquity1.37%
Aster DM Healthcare LtdHealthcareEquity1.37%
NMDC LtdMaterialsEquity1.33%
Bharti Hexacom Ltd.TechnologyEquity1.29%
Elecon Engineering Company LtdIndustrialsEquity1.12%
Container Corporation Of India LtdIndustrialsEquity1.06%
Schaeffler India LtdIndustrialsEquity1.06%
Kajaria Ceramics LtdIndustrialsEquity1.03%
Kirloskar Brothers LtdIndustrialsEquity0.96%
Garden Reach Shipbuilders & Engineers LtdIndustrialsEquity0.92%
ITC Hotels LtdConsumer DiscretionaryEquity0.90%
LIC Housing Finance LtdFinancialEquity0.85%
Dalmia Bharat LtdMaterialsEquity0.81%
LG Electronics India Ltd.Consumer DiscretionaryEquity0.74%
Net ReceivablesUnspecifiedNet Receivables0.24%
Cash MarginUnspecifiedCash Margin0.03%
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+12.1%+17.9%+18.4%+18.1%
Category average (Equity Mid Cap)+2.0%+21.6%+21.5%--
Rank (Equity Mid Cap)6116--

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

Fund management

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 10 Sep 2026 is ₹41.79. 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,