How to Invest in Mahindra Manulife Consumption Fund Direct Growth?

You can easily invest in Mahindra Manulife Consumption Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mahindra Manulife Consumption Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mahindra Manulife Consumption Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Consumption Fund Direct Growth provide?

The Mahindra Manulife Consumption Fund Direct Growth has been there from 13 Nov 2018 and the average annual returns provided by this fund is 4.82% since its inception.

How much expense ratio is charged by Mahindra Manulife Consumption Fund Direct Growth?

The term Expense Ratio used for Mahindra Manulife Consumption Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mahindra Manulife Consumption Fund Direct Growth is 0.82% as of 29 Mar 2023...

What is the AUM of Mahindra Manulife Consumption Fund Direct Growth?

The AUM, short for Assets Under Management of Mahindra Manulife Consumption Fund Direct Growth is ₹54.31Cr as of 29 Mar 2023.

How to Redeem Mahindra Manulife Consumption Fund Direct Growth?

If you want to sell your Mahindra Manulife Consumption Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the NAV of Mahindra Manulife Consumption Fund Direct Growth?

The NAV of Mahindra Manulife Consumption Fund Direct Growth is ₹15.00 as of 28 Mar 2023.

What is the PE and PB ratio of Mahindra Manulife Consumption Fund Direct Growth?

The PE ratio ratio of Mahindra Manulife Consumption Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mahindra Manulife Consumption Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

Mahindra Manulife Consumption Fund Direct Growth
Equity
Sectoral / Thematic
Very High Risk
23.22%
3Y annualised
-0.57% 1D
1M
6M
1Y
3Y
All
 NAV: 28 Mar 2023₹15.00
Min. SIP amount₹500
RatingNA
Fund size₹54.31Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Sectoral / Thematic
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA4.8%23.2%9.7%
Category averageNA2.1%28.9%NA
Rank with in categoryNA1218NA
Understand terms
Holdings (28)NameSectorInstrumentAssets
ITC Ltd.Consumer StaplesEquity9.1%
Hindustan Unilever Ltd.Consumer StaplesEquity8.0%
Maruti Suzuki India Ltd.AutomobileEquity7.9%
Bharti Airtel Ltd.CommunicationEquity7.5%
HDFC Bank Ltd.FinancialEquity7.3%
Titan Company Ltd.Consumer DiscretionaryEquity4.7%
United Spirits Ltd.Consumer StaplesEquity3.9%
Nestle India Ltd.Consumer StaplesEquity3.8%
Mahindra & Mahindra Ltd.AutomobileEquity3.7%
Dabur India Ltd.Consumer StaplesEquity3.4%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Sectoral / Thematic
Pros
Cons
Lower expense ratio: 0.82%
3Y annualised returns lower than category average by 5.4%
1Y annualised returns higher than category average by 3.66%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
28 Feb 2023 - Present
0.82%
31 Dec 2022 - 28 Feb 2023
0.82%
31 Dec 2022 - 31 Dec 2022
0.82%
30 Nov 2022 - 31 Dec 2022
0.82%
30 Nov 2022 - 30 Nov 2022
0.82%
30 Nov 2022 - 30 Nov 2022
0.82%
31 Oct 2022 - 30 Nov 2022
0.82%
31 Oct 2022 - 31 Oct 2022
0.82%
31 Oct 2022 - 31 Oct 2022
0.82%
31 Oct 2022 - 31 Oct 2022
0.82%
30 Sep 2022 - 31 Oct 2022
0.82%
30 Sep 2022 - 30 Sep 2022
0.82%
30 Sep 2022 - 30 Sep 2022
0.82%
31 Aug 2022 - 30 Sep 2022
0.82%
31 Aug 2022 - 31 Aug 2022
0.82%
31 Jul 2022 - 31 Aug 2022
0.82%
31 Jul 2022 - 31 Jul 2022
0.82%
30 Jun 2022 - 31 Jul 2022
0.82%
30 Jun 2022 - 30 Jun 2022
0.82%
31 May 2022 - 30 Jun 2022
0.86%
31 May 2022 - 31 May 2022
0.86%
30 Apr 2022 - 31 May 2022
0.86%
30 Apr 2022 - 30 Apr 2022
0.86%
31 Mar 2022 - 30 Apr 2022
0.81%
31 Mar 2022 - 31 Mar 2022
0.81%
28 Feb 2022 - 31 Mar 2022
0.83%
28 Feb 2022 - 28 Feb 2022
0.83%
31 Jan 2022 - 28 Feb 2022
0.83%
31 Dec 2021 - 31 Jan 2022
0.85%
30 Nov 2021 - 31 Dec 2021
0.85%
31 Oct 2021 - 30 Nov 2021
0.85%
30 Sep 2021 - 31 Oct 2021
0.85%
31 Aug 2021 - 30 Sep 2021
0.85%
31 Jul 2021 - 31 Aug 2021
0.85%
30 Jun 2021 - 31 Jul 2021
0.85%
31 May 2021 - 30 Jun 2021
0.86%
30 Apr 2021 - 31 May 2021
0.89%
31 Mar 2021 - 30 Apr 2021
0.90%
28 Feb 2021 - 31 Mar 2021
0.90%
31 Jan 2021 - 28 Feb 2021
0.93%
31 Dec 2020 - 31 Jan 2021
0.91%
30 Nov 2020 - 31 Dec 2020
0.91%
31 Oct 2020 - 30 Nov 2020
0.91%
30 Sep 2020 - 31 Oct 2020
0.91%
31 Aug 2020 - 30 Sep 2020
0.80%
31 Jul 2020 - 31 Aug 2020
0.80%
30 Jun 2020 - 31 Jul 2020
0.80%
31 May 2020 - 30 Jun 2020
0.80%
30 Apr 2020 - 31 May 2020
0.62%
31 Mar 2020 - 30 Apr 2020
0.62%
29 Feb 2020 - 31 Mar 2020
0.63%
31 Jan 2020 - 29 Feb 2020
0.63%
31 Dec 2019 - 31 Jan 2020
0.63%
30 Nov 2019 - 31 Dec 2019
0.62%
31 Oct 2019 - 30 Nov 2019
0.62%
30 Sep 2019 - 31 Oct 2019
0.62%
31 Aug 2019 - 30 Sep 2019
0.62%
31 Jul 2019 - 31 Aug 2019
0.62%
30 Jun 2019 - 31 Jul 2019
0.62%
31 May 2019 - 30 Jun 2019
0.62%
30 Apr 2019 - 31 May 2019
0.62%
31 Mar 2019 - 30 Apr 2019
0.92%
28 Feb 2019 - 31 Mar 2019
0.92%
31 Jan 2019 - 28 Feb 2019
0.81%
31 Dec 2018 - 31 Jan 2019
0.79%
30 Nov 2018 - 31 Dec 2018
0.79%
Expense ratio, exit load and taxExpense ratio: 0.82%Inclusive of GST
Exit loadExit load of 0.5%, if redeemed within 3 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementAbhinav Khandelwal
Apr 2022 - Present
View details
Education
Mr. Khandelwal is Chartered Accountant
Experience
Prior to joining Canara Robeco Mutual Fund he has worked with Aegon life Insurance Company as Fund Manager, Asian Market Securities as Equity Analyst and Systematix Shares & Stocks as Equity Analyst.
Also manages these schemes
Mahindra Manulife Mid Cap Fund Regular IDCW
Mahindra Manulife Mid Cap Fund Direct IDCW
Mahindra Manulife Mid Cap Fund Regular Growth
Mahindra Manulife Mid Cap Fund Direct Growth
Mahindra Manulife Consumption Fund Regular Growth
Mahindra Manulife Consumption Fund Direct Growth
Mahindra Manulife Consumption Fund Direct IDCW
Mahindra Manulife Consumption Fund Regular IDCW
Mahindra Manulife Large Cap Fund Regular IDCW
Mahindra Manulife Large Cap Fund Direct Growth
Mahindra Manulife Large Cap Fund Direct IDCW
Mahindra Manulife Large Cap Fund Regular Growth
Mahindra Manulife Large & Mid Cap Fund Direct Growth
Mahindra Manulife Large & Mid Cap Fund Direct IDCW
Mahindra Manulife Large & Mid Cap Fund Regular IDCW
Mahindra Manulife Large & Mid Cap Fund Regular Growth
Mahindra Manulife Arbitrage Fund Regular Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Arbitrage Fund Regular IDCW
Mahindra Manulife Arbitrage Fund Direct IDCW
Mahindra Manulife Small Cap Fund Regular Growth
Mahindra Manulife Small Cap Fund Direct IDCW
Mahindra Manulife Small Cap Fund Regular IDCW
Mahindra Manulife Small Cap Fund Direct Growth
Fatema Pacha
Dec 2020 - Present
View details
Education
Ms. Pacha has done PGDBM (Finance) and BE (Computers)
Experience
Prior to joining MMIMPL, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
Also manages these schemes
Mahindra Manulife ELSS Fund Regular IDCW
Mahindra Manulife ELSS Fund Direct Growth
Mahindra Manulife ELSS Fund Direct IDCW
Mahindra Manulife ELSS Fund Regular Growth
Mahindra Manulife Equity Savings Fund Direct IDCW
Mahindra Manulife Equity Savings Fund Direct Growth
Mahindra Manulife Equity Savings Fund Regular IDCW
Mahindra Manulife Equity Savings Fund Regular Growth
Mahindra Manulife Multi Cap Fund Direct IDCW
Mahindra Manulife Multi Cap Fund Regular Growth
Mahindra Manulife Multi Cap Fund Regular IDCW
Mahindra Manulife Multi Cap Fund Direct Growth
Mahindra Manulife Consumption Fund Regular Growth
Mahindra Manulife Consumption Fund Direct Growth
Mahindra Manulife Consumption Fund Direct IDCW
Mahindra Manulife Consumption Fund Regular IDCW
Mahindra Manulife Large Cap Fund Regular IDCW
Mahindra Manulife Large Cap Fund Direct Growth
Mahindra Manulife Large Cap Fund Direct IDCW
Mahindra Manulife Large Cap Fund Regular Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Regular Growth
Mahindra Manulife Aggressive Hybrid Fund Direct IDCW
Mahindra Manulife Aggressive Hybrid Fund Regular IDCW
Mahindra Manulife Arbitrage Fund Regular Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Arbitrage Fund Regular IDCW
Mahindra Manulife Arbitrage Fund Direct IDCW
Mahindra Manulife Focused Fund Regular IDCW
Mahindra Manulife Focused Fund Direct Growth
Mahindra Manulife Focused Fund Direct IDCW
Mahindra Manulife Focused Fund Regular Growth
Mahindra Manulife Flexi Cap Fund Regular Growth
Mahindra Manulife Flexi Cap Fund Regular IDCW
Mahindra Manulife Flexi Cap Fund Direct IDCW
Mahindra Manulife Flexi Cap Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Regular Growth
Mahindra Manulife Balanced Advantage Fund Regular IDCW
Mahindra Manulife Balanced Advantage Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct IDCW
Fund house & investment objective
Mahindra Mutual Fund
Rank (total assets)#28 in India
Total AUM₹4,742.00Cr
Date of Incorporation04 Feb 2016
 Mahindra Manulife Consumption 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. V Balasubramanian is the Current Fund Manager of Mahindra Manulife Consumption Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 28 Mar 2023 is ₹15.00.
The Mahindra Manulife Consumption Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 0.5%, if redeemed within 3 months.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY India Consumption Total Return Index
Scheme Information Document(SID)
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
E-mail
[email protected]
Website
NA
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Mahindra Manulife Consumption Fund Direct Growth
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	4.8%	23.2%	9.7%
Category average	NA	2.1%	28.9%	NA
Rank with in category	NA	12	18	NA

Name	Sector	Instrument	Assets
ITC Ltd.	Consumer Staples	Equity	9.1%
Hindustan Unilever Ltd.	Consumer Staples	Equity	8.0%
Maruti Suzuki India Ltd.	Automobile	Equity	7.9%
Bharti Airtel Ltd.	Communication	Equity	7.5%
HDFC Bank Ltd.	Financial	Equity	7.3%
Titan Company Ltd.	Consumer Discretionary	Equity	4.7%
United Spirits Ltd.	Consumer Staples	Equity	3.9%
Nestle India Ltd.	Consumer Staples	Equity	3.8%
Mahindra & Mahindra Ltd.	Automobile	Equity	3.7%
Dabur India Ltd.	Consumer Staples	Equity	3.4%

Rank (total assets)	#28 in India
Total AUM	₹4,742.00Cr

Date of Incorporation	04 Feb 2016

Fund benchmark	NIFTY India Consumption Total Return Index

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

Rating	NA
Fund size	₹54.31Cr

Mahindra Manulife Consumption Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (28)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.82%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Abhinav KhandelwalApr 2022 - PresentView details

Fatema PachaDec 2020 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Abhinav Khandelwal
Apr 2022 - Present
View details

Fatema Pacha
Dec 2020 - Present
View details