May 13, 2023
mayank
Mahindra Manulife Small Cap Fund
NAV Growth: Rs 10.6000
NAV IDCW: Rs 10.6000
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in smaller companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
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 & equity related securities of small cap companies.
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) 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 | 12-Dec-22 |
| Return Since Launch | 6.00% |
| Benchmark | S&P BSE 250 SmallCap TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 651 Cr |
| (As on 30-Apr-2023) | |
| Expense | 0.50% |
| (As on 31-Mar-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Mahindra Manulife Small Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mahindra Manulife Small Cap Dir | 6.74 | -0.35 | 5.35 | 5.54 | — | — | — | — | — | — |
| S&P BSE 250 SmallCap TRI | 3.03 | -0.43 | 6.11 | 5.08 | — | — | — | — | — | — |
| Equity: Small Cap | 3.67 | -0.26 | 5.09 | 4.34 | — | — | — | — | — | — |
| Rank within category | 4 | 21 | 16 | 5 | — | — | — | — | — | — |
| Number of funds in category | 31 | 33 | 31 | 31 | 29 | 28 | 22 | 13 | 12 | 7 |
Mahindra Manulife Small 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 Small Cap Dir | Unrated | — | — | — | 0.50 | 651 | 6.00 | 0.50 (90) | 0yrs 5mo | — |
| Nippon Ind Small Cap Dir | 4 star | 30.83 | 50.81 | 17.80 | 0.92 | 26,294 | 24.72 | 1.00 (30) | 10yrs 4mo | 24.00 |
| SBI Small Cap Dir | 4 star | 21.83 | 40.78 | 15.96 | 0.70 | 16,592 | 25.02 | 1.00 (365) | 10yrs 4mo | 9.00 |
| Axis Small Cap Dir | 5 star | 21.00 | 39.59 | 20.22 | 0.54 | 12,257 | 23.65 | 1.00 (365) | 9yrs 5mo | 5.00 |
| Kotak Small Cap Dir | 4 star | 14.50 | 47.18 | 17.13 | 0.59 | 9,230 | 19.38 | 1.00 (365) | 10yrs 4mo | 6.71 |
Portfolio Analysis
| No. of Stocks | 56 |
| Top 10 Stocks | 29.07% |
| Top 5 Stocks | 16.59% |
| Top 3 Sectors | 41.57% |
| Portfolio P/B Ratio | 2.31 |
| Portfolio P/E Ratio | 14.11 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 12,727 | 11,169 |
| Giant (%) | 4.32 | 6.60 |
| Large (%) | 2.97 | 2.82 |
| Mid (%) | 54.34 | 49.92 |
| Small (%) | 38.37 | 44.78 |
| Tiny (%) | — | 0.33 |
Chanakya’s Mutual Fund Guidance For Mahindra Manulife Small Cap Fund
Do not invest in this, or any other small-cap fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.mahindramanulife.com/
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