May 16, 2026
RA Jainee
Mahindra Manulife Value Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 12.32 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 12.32 |
| Min. Investment (Rs.) | 1,000 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY 500 TRI |
| AUM Rs. | 777 Cr |
| (As on 30-Apr-2026) | |
| Expense | 2.09% |
| 1 Year Return (%) | 10.68 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 19.11% |
⚖️ Sahifund Review – Mahindra Manulife Value Fund ✔
PLUS:
✓ Backed by the growing equity research and investment framework of Mahindra Manulife Mutual Fund with experienced value-investing managers.
✓ Strong return since launch of 19.11% reflects healthy early execution in identifying undervalued opportunities.
✓ 1-year return of 10.68% comfortably outperforms both benchmark and category average.
✓ Diversified portfolio of 73 stocks significantly reduces single-stock concentration risk.
✓ Balanced allocation across large-cap, mid-cap and small-cap stocks enhances diversification and value discovery potential.
✓ Portfolio P/E of 21.93 appears relatively reasonable compared to many expensive growth-oriented equity funds.
✓ Suitable for SIP investors seeking contrarian and value-oriented investing exposure with long-term wealth creation focus.
MINUS:
⚖️ Expense ratio of 2.09% is very high compared to leading value-oriented peers like SBI Contra and HSBC Value Fund.
⚖️ Fund is still very new with barely over 1 year operating history and no full market-cycle track record.
⚖️ Large diversification across 73 stocks may dilute alpha generation from high-conviction ideas.
⚖️ Value investing strategies can underperform growth and momentum-driven markets for extended periods.
⚖️ Mid-cap and small-cap exposure above 63% increases volatility risk during market corrections.
⚖️ Lack of established long-term consistency makes peer comparison difficult at current stage.
⚖️ Investors expecting quick returns may become impatient during temporary phases of value-stock underperformance.
Sahifund View (Decisive Line):
Mahindra Manulife Value Fund looks promising for disciplined long-term SIP investors seeking value-oriented opportunities, but investors should allow the fund more time to prove consistency across different market environments.
👉 Apply Online | Ask Us MF Queries |
| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Value-oriented funds are suitable for investors:
1. Seeking exposure in value/contrarian stocks for high returns
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments of companies which are undervalued (or are trading below their intrinsic value).
Fund Manager:
1) Krishna Sanghavi
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..
2) Vishal Jajoo
Education: Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)
Experience: Prior to joining Mahindra Manulife AMC, he has worked with ITI Mutual Fund and Tata Investment Corporation 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 | 0.5% for redemption within 3 months |
Basic Details of Mahindra Manulife Value Fund
| Fund House | Mahindra Manulife Mutual Fund |
| Launch Date | 03-Mar-25 |
| Return Since Launch | 19.11% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 777 Cr |
| (As on 30-Apr-2026) | |
| Expense | 2.09% |
| (As on 30-Apr-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Mahindra Manulife Value Fund Returns
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mahindra Manulife Value Dir | 1.24 | 0.50 | 3.37 | 0.89 | 2.88 | 10.68 | — | — | — | — |
| BSE 500 TRI | -5.41 | 1.01 | 1.83 | -3.12 | -5.20 | 1.05 | — | — | — | — |
| Equity: Value Oriented | -2.72 | 0.74 | 1.81 | -2.10 | -1.76 | 5.93 | — | — | — | — |
| Rank within category | 7 | 27 | 9 | 7 | 7 | 8 | — | — | — | — |
| Number of funds in category | 31 | 32 | 32 | 32 | 31 | 30 | 24 | 17 | 16 | 14 |
Peer Comparison of Mahindra Manulife Value Fund
| 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 Value Dir | Unrated | 10.68 | — | — | 2.09 | 777 | 19.11 | 0.50 (90) | 1Y 2M | — |
| ICICI Pru Value Dir | 5 out of 5 stars | 0.47 | 17.44 | 18.15 | 1.21 | 59,588 | 17.47 | 1.00 (365) | 13Y 4M | 50.00 |
| SBI Contra Dir | 5 out of 5 stars | -0.38 | 16.78 | 19.51 | 0.73 | 47,352 | 15.46 | 0.25 (30) | 13Y 4M | 8.00 |
| HSBC Value Dir | 4 out of 5 stars | 6.94 | 21.99 | 20.25 | 0.74 | 14,873 | 18.89 | 1.00 (365) | 13Y 4M | 30.00 |
| Nippon India Value Dir | 4 out of 5 stars | 1.59 | 20.42 | 18.33 | 1.07 | 8,919 | 15.71 | 1.00 (365) | 13Y 4M | 42.00 |
Mahindra Manulife Value Fund Portfolio
| No. of Stocks | 73 |
| Top 10 Stocks | 25.91% |
| Top 5 Stocks | 13.95% |
| Top 3 Sectors | 48.07% |
| Portfolio P/B Ratio | 2.39 |
| Portfolio P/E Ratio | 21.93 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 78,960 | 1,96,357 |
| Giant (%) | — | — |
| Large (%) | 36.64 | 68.45 |
| Mid (%) | 34.94 | 18.46 |
| Small (%) | 28.42 | 18.50 |
| Tiny (%) | — | — |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Quicklinks
- Chanakyanipothi.com
- Staffavailable.com
- BigGaddi.com
- Latest IPO GMP
- Best Stocks to buy today
- Grey Market Premium
- Upcoming IPOs
- Subscription Status