April 25, 2023
mayank
Mahindra Manulife Focused Fund
NAV Growth: Rs 16.7858
NAV IDCW: Rs 13.6407
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 concentrated portfolio of equity & equity related instruments of maximum 30 companies across market capitalisation.
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) Krishna Sanghvi
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..
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) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House | Mahindra Manulife Mutual Fund |
| Launch Date | 17-Nov-20 |
| Return Since Launch | 23.73% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 664 Cr |
| (As on 31-Mar-2023) | |
| Expense | 0.61% |
| (As on 31-Mar-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 68.00% |
Mahindra Manulife Focused Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mahindra Mnulife Focused Dir | -1.28 | 0.68 | 3.11 | -1.51 | 2.52 | 7.25 | — | — | — | — |
| 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 | 25 | 14 | 68 | 39 | 9 | 10 | — | — | — | — |
| Number of funds in category | 70 | 73 | 72 | 70 | 70 | 66 | 49 | 36 | 34 | 26 |
Mahindra Manulife Focused 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 Focused Dir | Unrated | 7.25 | — | — | 0.61 | 664 | 23.73 | 1.00 (365) | 2yrs 5mo | 68.00 |
| 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 | 29 |
| Top 10 Stocks | 57.29% |
| Top 5 Stocks | 37.68% |
| Top 3 Sectors | 54.34% |
| Portfolio P/B Ratio | 2.67 |
| Portfolio P/E Ratio | 18.53 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,28,459 | 1,50,478 |
| Giant (%) | 72.10 | 55.41 |
| Large (%) | 13.34 | 17.58 |
| Mid (%) | 9.74 | 20.77 |
| Small (%) | 4.82 | 6.88 |
| Tiny (%) | — | 0.05 |
Chanakya’s Mutual Fund Guidance For Mahindra Manulife Focused 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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