April 25, 2023
mayank
Mahindra Manulife Flexi Cap Fund
NAV Growth: Rs 10.7533
NAV IDCW: Rs 10.7533
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 is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across market capitalization.
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) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 90 days |
Basic Details
| Fund House | Mahindra Manulife Mutual Fund |
| Launch Date | 23-Aug-21 |
| Return Since Launch | 4.45% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 908 Cr |
| (As on 31-Mar-2023) | |
| Expense | 0.43% |
| (As on 31-Mar-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 77.00% |
Mahindra Manulife Flexi Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mahindra Mnulife Flexi Cap Dir | 0.89 | 0.59 | 4.66 | 0.67 | 2.62 | 4.99 | — | — | — | — |
| S&P BSE 500 TRI | -3.24 | 0.57 | 4.58 | -2.86 | -1.56 | 1.52 | — | — | — | — |
| Equity: Flexi Cap | -1.85 | 0.52 | 4.06 | -1.23 | -0.46 | 2.59 | — | — | — | — |
| Rank within category | 5 | 25 | 14 | 8 | 8 | 16 | — | — | — | — |
| Number of funds in category | 70 | 73 | 72 | 70 | 70 | 66 | 49 | 36 | 34 | 26 |
Mahindra Manulife Flexi 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 Mnulife Flexi Cap Dir | Unrated | 4.99 | — | — | 0.43 | 908 | 4.45 | 0.50 (90) | 1yrs 8mo | 77.00 |
| HDFC Flexi Cap Dir | 4 star | 10.36 | 33.26 | 13.81 | 1.00 | 31,893 | 14.75 | 1.00 (365) | 10yrs 3mo | 42.05 |
| Parag Parikh Flexi Cap Dir | 5 star | 7.68 | 31.93 | 18.13 | 0.73 | 31,290 | 18.76 | 2.00 (365) | 9yrs 11mo | 8.02 |
| Franklin Ind Flexi Cap Dir | 4 star | 4.62 | 31.40 | 11.89 | 1.10 | 10,028 | 15.04 | 1.00 (365) | 10yrs 3mo | 18.10 |
| Canara Robeco Flexi Cap Dir | 4 star | 2.27 | 24.45 | 13.33 | 0.55 | 8,713 | 13.67 | 1.00 (365) | 10yrs 3mo | 25.00 |
Portfolio Analysis
| No. of Stocks | 40 |
| Top 10 Stocks | 52.95% |
| Top 5 Stocks | 37.35% |
| Top 3 Sectors | 50.97% |
| Portfolio P/B Ratio | 3.32 |
| Portfolio P/E Ratio | 23.25 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,58,386 | 1,50,478 |
| Giant (%) | 62.11 | 55.41 |
| Large (%) | 10.37 | 17.58 |
| Mid (%) | 17.47 | 20.77 |
| Small (%) | 10.05 | 6.88 |
| Tiny (%) | — | 0.05 |
Chanakya’s Mutual Fund Guidance For Mahindra Manulife Flexi Cap Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.mahindramanulife.com/
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