Mahindra Manulife Consumption Fund Direct Growth

Equity
Sectoral / Thematic
Very High Risk
21.35%
3Y annualised
+0.36% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Feb 2024₹21.46
Min. SIP amount₹500
RatingNA
Fund size₹135.71Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns41.3%21.4%17.1%15.5%
Category average43.7%21.2%19.5%NA
Rank with in category26911NA
Understand terms

Holdings (45)

NameSectorInstrumentAssets
CommunicationEquity6.99%
Consumer StaplesEquity6.14%
AutomobileEquity4.02%
Consumer StaplesEquity3.68%
AutomobileEquity3.12%
ServicesEquity3.09%
Consumer DiscretionaryEquity2.76%
Consumer StaplesEquity2.72%
Consumer StaplesEquity2.53%
ServicesEquity2.46%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

Cons

Lower expense ratio: 0.71%
1Y and 5Y annualised returns lower than category average
3Y annualised returns higher than category average by 0.17%
Higher alpha: 4.51 The fund has generated returns higher than benchmark - NIFTY India Consumption Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.71%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 3 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Abhinav Khandelwal
Apr 2022 - Present
View details

Education
Mr. Khandelwal is Chartered Accountant
Experience
Prior to joining Mahindra Mutual Fund he has worked with Canara Robeco Mutual Fund, Aegon life Insurance Company as Fund Manager, Asian Market Securities as Equity Analyst and Systematix Shares & Stocks as Equity Analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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