| Launch date | 31 May 2024 |
| Allotment date | 24 Jun 2024 |
| End date | 14 Jun 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.76%
Inclusive of GST
Exit load
Exit load of 0.5%, if redeemed within 3 months.
Stamp duty
0.005% (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%.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Navin MattaDec 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | NA |
|---|---|
| Total AUM | ₹33,324.13Cr |
| Date of Incorporation | 04 Feb 2016 |
|---|
Mahindra Manulife Manufacturing Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Manulife Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Manish Lodha is the Current Fund Manager of Mahindra Manulife Manufacturing Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹33,324 Cr and the Latest NAV as of 23 Dec 2025 is ₹10.15. The Mahindra Manulife Manufacturing 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 Objective
The Scheme seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in manufacturing theme. ;
| Fund benchmark | Nifty India Manufacturing Total Return Index |
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