Mahindra Manulife Mid Cap Fund Direct Growth

Mahindra Manulife Mid Cap Fund Direct Growth

+23.76%
3Y annualised
+1.88% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Apr '26
₹35.86
Min. for SIP
₹500
Fund size (AUM)
₹4,440.12 Cr
Expense ratio
0.46%
Rating
4

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹28,740
-4.20%
1 year₹60,000₹57,686
-3.86%
3 years₹1,80,000₹2,47,408
+37.45%
5 years₹3,00,000₹5,59,062
+86.35%

Holdings (59)

NameSectorInstrumentsAssets
Glenmark Pharmaceuticals Ltd.HealthcareEquity3.16%
Union Bank of IndiaFinancialEquity2.82%
The Federal Bank Ltd.FinancialEquity2.81%
Max Financial Services Ltd.FinancialEquity2.75%
Indusind Bank Ltd.FinancialEquity2.64%
Piramal Finance Ltd.FinancialEquity2.55%
Indian BankFinancialEquity2.54%
Indus Towers Ltd.CommunicationEquity2.52%
Kei Industries Ltd.Capital GoodsEquity2.48%
Blue Star Ltd.Consumer DiscretionaryEquity2.35%
JK Cement Ltd.ConstructionEquity2.33%
JSW Energy Ltd.Capital GoodsEquity2.31%
AIA Engineering Ltd.Metals & MiningEquity2.30%
Astral Ltd.ChemicalsEquity2.28%
Tube Investments Of India Ltd.AutomobileEquity2.22%
Nippon Life India Asset Management Ltd.FinancialEquity2.18%
UNO Minda Ltd.AutomobileEquity2.13%
IDFC First Bank Ltd.FinancialEquity2.11%
Oil India Ltd.EnergyEquity2.00%
L&T Finance Ltd.FinancialEquity1.83%
Marico Ltd.Consumer StaplesEquity1.80%
Anthem Biosciences Ltd.HealthcareEquity1.75%
Bharat Heavy Electricals Ltd.Capital GoodsEquity1.67%
Bank of MaharashtraFinancialEquity1.60%
GE Vernova T&D India LtdCapital GoodsEquity1.59%
Alkem Laboratories Ltd.HealthcareEquity1.57%
Shriram Finance LtdFinancialEquity1.56%
Mphasis Ltd.TechnologyEquity1.51%
NMDC Ltd.Metals & MiningEquity1.50%
Bharti Hexacom Ltd.CommunicationEquity1.50%
Aditya Birla Capital Ltd.FinancialEquity1.44%
Biocon Ltd.HealthcareEquity1.42%
Lupin Ltd.HealthcareEquity1.37%
JSW Infrastructure Ltd.ServicesEquity1.35%
APL Apollo Tubes Ltd.Metals & MiningEquity1.32%
Varun Beverages Ltd.Consumer StaplesEquity1.30%
Triveni Turbine Ltd.ConstructionEquity1.29%
Aster DM Healthcare Ltd.HealthcareEquity1.28%
PB Fintech Ltd.ServicesEquity1.28%
Godrej Properties Ltd.ConstructionEquity1.27%
Schaeffler India Ltd.Capital GoodsEquity1.26%
Fortis Healthcare Ltd.HealthcareEquity1.21%
Solar Industries India Ltd.ChemicalsEquity1.20%
SRF Ltd.ChemicalsEquity1.19%
ITC Hotels Ltd.ServicesEquity1.14%
Equitas Small Finance Bank Ltd.FinancialEquity1.14%
Coforge Ltd.TechnologyEquity1.10%
LIC Housing Finance Ltd.FinancialEquity1.07%
Dalmia Bharat Ltd.ConstructionEquity1.05%
Belrise Industries Ltd.AutomobileEquity1.05%
Kajaria Ceramics Ltd.ConstructionEquity1.01%
Radico Khaitan Ltd.Consumer StaplesEquity0.96%
Kirloskar Brothers Ltd.Capital GoodsEquity0.95%
LG Electronics India Ltd.Consumer DiscretionaryEquity0.92%
Minda Corporation Ltd.AutomobileEquity0.85%
Ceat Ltd.AutomobileEquity0.84%
Havells India Ltd.Capital GoodsEquity0.63%
Sri Lotus Developers and Realty Ltd.ConstructionEquity0.62%
Atul Ltd.ChemicalsEquity0.49%
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+6.3%+23.8%+19.9%+16.9%
Category average (Equity Mid Cap)+2.0%+21.6%+21.5%--
Rank (Equity Mid Cap)1465--

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

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data

Compare similar funds

Fund management

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..

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.

KD
Kirti Dalvi
Dec 2024 - Present
View details

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. Krishna Sanghavi 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 01 Apr 2026 is ₹35.86. 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,