Mahindra Manulife Consumption Fund Direct IDCW

Mahindra Manulife Consumption Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. V Balasubramanian is the Current Fund Manager of Mahindra Manulife Consumption Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 14 Jan 2025 is ₹19.64. The Mahindra Manulife Consumption Fund Direct IDCW 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 provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/ or expected to benefit from the growth in rural India. ;