April 25, 2023
mayank
Mahindra Manulife Consumption Fund
NAV Growth: Rs 15.8154
NAV IDCW: Rs 13.6833
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit from consumption led demand in India.
Fund Manager:
1) Abhinav Khandelwal
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.
2) 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.
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 | 0.5% for redemption within 90 days |
Basic Details
| Fund House | Mahindra Manulife Mutual Fund |
| Launch Date | 13-Nov-18 |
| Return Since Launch | 10.86% |
| Benchmark | NIFTY India Consumption TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 56 Cr |
| (As on 31-Mar-2023) | |
| Expense | 0.82% |
| (As on 31-Mar-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 123.00% |
Mahindra Manulife Consumption Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mahindra Mnulife Cnsmptn Dir | 0.08 | 0.32 | 4.70 | 1.86 | -1.31 | 7.24 | 23.40 | — | — | — |
| S&P BSE 500 TRI | -3.24 | 0.57 | 4.58 | -2.86 | -1.56 | 1.52 | 27.46 | — | — | — |
Mahindra Manulife Consumption 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 Mnulife Cnsmptn Dir | Unrated | 7.24 | 23.40 | — | 0.82 | 56 | 10.86 | 0.50 (90) | 4yrs 5mo | 123.00 |
| ICICI Pru Ind Opp Dir | Unrated | 8.60 | 39.00 | — | 0.72 | 7,776 | 19.10 | 1.00 (365) | 4yrs 3mo | 49.00 |
| ICICI Pru Business Cycle Dir | Unrated | 7.33 | — | — | 0.64 | 6,062 | 17.05 | 1.00 (30) | 2yrs 3mo | 61.00 |
| ICICI Pru Hsng Opp Dir | Unrated | 11.78 | — | — | 0.51 | 2,718 | 11.21 | 1.00 (30) | 1yrs 0mo | 64.00 |
| ICICI Pru Transportation and Logistics Dir | Unrated | — | — | — | 0.31 | 2,453 | 0.20 | 1.00 (30) | 0yrs 6mo | 23.00 |
Portfolio Analysis
| No. of Stocks | 29 |
| Top 10 Stocks | 60.16% |
| Top 5 Stocks | 38.13% |
| Top 3 Sectors | 64.63% |
| Portfolio P/B Ratio | 6.79 |
| Portfolio P/E Ratio | 39.83 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,26,919 | 1,17,469 |
| Giant (%) | 58.06 | 46.44 |
| Large (%) | 21.24 | 24.82 |
| Mid (%) | 13.11 | 26.18 |
| Small (%) | 7.59 | 9.62 |
| Tiny (%) | — | 0.14 |
Chanakya’s Mutual Fund Guidance For Mahindra Manulife Consumption Fund
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.mahindramanulife.com/
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