May 13, 2023
mayank
Mahindra Manulife Multi Cap Fund
NAV Growth: Rs 23.5645
NAV IDCW: Rs 19.1322
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund is mandated to invest at least 25 per cent of its money each in stocks of large, medium and small-sized companies. Such funds can be fairly volatile since at least 50% of their assets will always be invested in mid and small cap stocks which generally experience more severe ups and downs. This makes them suitable for long-term investors who don’t mind higher risk, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality.
Fund Manager:
1) Fatema Pacha
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.
2) Manish Lodha
Education: Mr. Lodha is a Chartered Accountant and Company Secretary
Experience: Prior to joining MMIMPL, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House | Mahindra Manulife Mutual Fund |
| Launch Date | 11-May-17 |
| Return Since Launch | 15.34% |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,633 Cr |
| (As on 30-Apr-2023) | |
| Expense | 0.47% |
| (As on 31-Mar-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 110.00% |
Mahindra Manulife Multi Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mahindra Manulife Multi Cap Dir | 0.34 | -0.25 | 2.59 | 3.73 | -0.79 | 15.30 | 32.88 | 16.24 | — | — |
| S&P BSE 500 TRI | 0.36 | -0.04 | 3.63 | 3.30 | -0.96 | 16.23 | 28.85 | 11.91 | — | — |
| Equity: Multi Cap | 2.31 | -0.02 | 4.14 | 3.49 | 1.76 | 20.60 | — | — | — | — |
| Rank within category | 15 | 19 | 19 | 7 | 14 | 13 | — | — | — | — |
| Number of funds in category | 16 | 19 | 19 | 18 | 15 | 14 | 0 | 0 | 0 | 0 |
Mahindra Manulife Multi Cap Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Mahindra Manulife Multi Cap Dir | Unrated | 15.30 | 32.88 | 16.24 | 0.47 | 1,633 | 15.34 | 1.00 (365) | 6yrs 0mo | 110.00 |
| Nippon Ind Multi Cap Dir | Unrated | 28.19 | 40.00 | 13.92 | 1.00 | 15,088 | 14.81 | 1.00 (365) | 10yrs 4mo | 38.00 |
| SBI Multicap Dir | Unrated | 13.68 | — | — | 0.77 | 11,922 | 7.62 | 1.00 (365) | 1yrs 2mo | 20.00 |
| ICICI Pru Multicap Dir | Unrated | 22.12 | 30.49 | 12.81 | 1.07 | 7,173 | 15.00 | 1.00 (365) | 10yrs 4mo | 65.00 |
| HDFC Multi Cap Dir | Unrated | 29.12 | — | — | 0.64 | 6,232 | 11.78 | 1.00 (365) | 1yrs 5mo | 9.93 |
Portfolio Analysis
| No. of Stocks | 56 |
| Top 10 Stocks | 34.43% |
| Top 5 Stocks | 23.43% |
| Top 3 Sectors | 46.61% |
| Portfolio P/B Ratio | 2.96 |
| Portfolio P/E Ratio | 21.31 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 59,764 | 57,600 |
| Giant (%) | 29.26 | 32.55 |
| Large (%) | 13.13 | 13.86 |
| Mid (%) | 41.62 | 31.14 |
| Small (%) | 16.00 | 16.44 |
| Tiny (%) | — | 0.22 |
Chanakya’s Mutual Fund Guidance For Mahindra Manulife Multi Cap Fund
Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.mahindramanulife.com/
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