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Mahindra Manulife Aggressive Hybrid Fund Direct Growth
HybridAggressive AllocationVery High Risk
Direct
NAV (14-Jan-26)
₹30.95-0.15%1D
Returns (Since Inception)
19.04%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹2,108 Cr
Expense Ratio
0.45%
ISIN
INF174V01788
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
23 Jul 2019
About this fund
Mahindra Manulife Aggressive Hybrid Fund Direct Growth is a Aggressive Allocation mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 6 years, 5 months and 24 days, having been launched on 23-Jul-19.
As of 14-Jan-26, it has a Net Asset Value (NAV) of ₹30.95, Assets Under Management (AUM) of 2108.49 Crores, and an expense ratio of 0.45%.
As of 14-Jan-26, it has a Net Asset Value (NAV) of ₹30.95, Assets Under Management (AUM) of 2108.49 Crores, and an expense ratio of 0.45%.
- Mahindra Manulife Aggressive Hybrid Fund Direct Growth has given a CAGR return of 19.04% since inception.
- The fund's asset allocation comprises around 76.20% in equities, 14.97% in debts, and 8.80% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Aggressive Hybrid Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+11.03%
+8.01% (Cat Avg.)
3 Years
+18.43%
+14.76% (Cat Avg.)
5 Years
+17.63%
+13.70% (Cat Avg.)
Since Inception
+19.04%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2025
| Equity | ₹1,606.75 Cr | 76.20% |
| Debt | ₹315.71 Cr | 14.97% |
| Others | ₹185.77 Cr | 8.81% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹135.04 Cr | 6.40% |
| ICICI Bank Ltd | Equity | ₹111.33 Cr | 5.28% |
| Reliance Industries Ltd | Equity | ₹102.08 Cr | 4.84% |
| Infosys Ltd | Equity | ₹73.14 Cr | 3.47% |
| Bajaj Finserv Ltd | Equity | ₹63.03 Cr | 2.99% |
| Mahindra Manu Liquid Dir Gr | Mutual Fund - Open End | ₹60.03 Cr | 2.85% |
| Axis Bank Ltd | Equity | ₹55.19 Cr | 2.62% |
| Tata Consultancy Services Ltd | Equity | ₹53.49 Cr | 2.54% |
| Larsen & Toubro Ltd | Equity | ₹47.18 Cr | 2.24% |
| State Bank of India | Equity | ₹42.14 Cr | 2.00% |
| Triparty Repo | Cash - Repurchase Agreement | ₹38.38 Cr | 1.82% |
| Bharti Airtel Ltd | Equity | ₹38.32 Cr | 1.82% |
| Hindustan Unilever Ltd | Equity | ₹35.94 Cr | 1.70% |
| State Government Securities | Bond - Gov't/Treasury | ₹34.52 Cr | 1.64% |
| Kotak Mahindra Bank Ltd | Equity | ₹31.04 Cr | 1.47% |
| 6.68% Govt Stock 2040 | Bond - Gov't/Treasury | ₹30.1 Cr | 1.43% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹27.83 Cr | 1.32% |
| UltraTech Cement Ltd | Equity | ₹27.1 Cr | 1.29% |
| Titan Co Ltd | Equity | ₹26.74 Cr | 1.27% |
| Mahindra & Mahindra Ltd | Equity | ₹25.96 Cr | 1.23% |
| 7.24% Govt Stock 2055 | Bond - Gov't/Treasury | ₹24.93 Cr | 1.18% |
| Shriram Finance Ltd | Equity | ₹24.91 Cr | 1.18% |
| Net Receivables / (Payables) | Cash | ₹24.09 Cr | 1.14% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹23.03 Cr | 1.09% |
| Tech Mahindra Ltd | Equity | ₹22.59 Cr | 1.07% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹21.82 Cr | 1.03% |
| UNO Minda Ltd | Equity | ₹20.7 Cr | 0.98% |
| Britannia Industries Ltd | Equity | ₹20.05 Cr | 0.95% |
| 6.48% Govt Stock 2035 | Bond - Gov't/Treasury | ₹19.83 Cr | 0.94% |
| Cholamandalam Investment And Finance Company Limited | Cash - Commercial Paper | ₹19.48 Cr | 0.92% |
| Havells India Ltd | Equity | ₹18.44 Cr | 0.87% |
| Pidilite Industries Ltd | Equity | ₹18.23 Cr | 0.86% |
| Avenue Supermarts Ltd | Equity | ₹17.97 Cr | 0.85% |
| CG Power & Industrial Solutions Ltd | Equity | ₹17.82 Cr | 0.85% |
| IndusInd Bank Ltd | Equity | ₹17.66 Cr | 0.84% |
| Tata Motors Ltd | Equity | ₹17.24 Cr | 0.82% |
| Tata Power Co Ltd | Equity | ₹17.16 Cr | 0.81% |
| Jubilant Foodworks Ltd | Equity | ₹16.65 Cr | 0.79% |
| Info Edge (India) Ltd | Equity | ₹16.5 Cr | 0.78% |
| Tata Steel Ltd | Equity | ₹16.39 Cr | 0.78% |
| Swiggy Ltd | Equity | ₹16.23 Cr | 0.77% |
| Cipla Ltd | Equity | ₹16.17 Cr | 0.77% |
| TVS Motor Co Ltd | Equity | ₹15.89 Cr | 0.75% |
| Biocon Ltd | Equity | ₹15.6 Cr | 0.74% |
| Abbott India Ltd | Equity | ₹15.47 Cr | 0.73% |
| SRF Ltd | Equity | ₹15.38 Cr | 0.73% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹15.29 Cr | 0.73% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹15.24 Cr | 0.72% |
| DOMS Industries Ltd | Equity | ₹15.2 Cr | 0.72% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹14.96 Cr | 0.71% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹14.95 Cr | 0.71% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹14.91 Cr | 0.71% |
| Dcb Bank Limited | Cash - CD/Time Deposit | ₹14.63 Cr | 0.69% |
| Tata Capital Ltd | Equity | ₹14.34 Cr | 0.68% |
| Devyani International Ltd | Equity | ₹14.33 Cr | 0.68% |
| Small Industries Dev Bank Of India 2026 ** # | Cash - CD/Time Deposit | ₹14.22 Cr | 0.67% |
| Bharat Heavy Electricals Ltd | Equity | ₹14.09 Cr | 0.67% |
| Divi's Laboratories Ltd | Equity | ₹13.81 Cr | 0.65% |
| Astral Ltd | Equity | ₹13.76 Cr | 0.65% |
| LTIMindtree Ltd | Equity | ₹13.65 Cr | 0.65% |
| Hyundai Motor India Ltd | Equity | ₹13.33 Cr | 0.63% |
| Tata Capital Limited | Bond - Corporate Bond | ₹13.18 Cr | 0.63% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹13.03 Cr | 0.62% |
| Oil & Natural Gas Corp Ltd | Equity | ₹12.98 Cr | 0.62% |
| Dr Reddy's Laboratories Ltd | Equity | ₹12.71 Cr | 0.60% |
| DLF Ltd | Equity | ₹12.57 Cr | 0.60% |
| Dixon Technologies (India) Ltd | Equity | ₹11.62 Cr | 0.55% |
| LG Electronics India Ltd | Equity | ₹10.88 Cr | 0.52% |
| Embassy Office Parks REIT | Equity - REIT | ₹10.85 Cr | 0.51% |
| Page Industries Ltd | Equity | ₹10.45 Cr | 0.50% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹10.2 Cr | 0.48% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹10.18 Cr | 0.48% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹10.15 Cr | 0.48% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹10.14 Cr | 0.48% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹10.13 Cr | 0.48% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹10.12 Cr | 0.48% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹10.01 Cr | 0.47% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹9.8 Cr | 0.46% |
| Nestle India Ltd | Equity | ₹9.79 Cr | 0.46% |
| Eicher Motors Ltd | Equity | ₹9.65 Cr | 0.46% |
| Arvind Fashions Ltd | Equity | ₹9.52 Cr | 0.45% |
| Whirlpool of India Ltd | Equity | ₹8.99 Cr | 0.43% |
| Tata Motors Passenger Vehicles Ltd | Equity | ₹8.41 Cr | 0.40% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹8.38 Cr | 0.40% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹8.1 Cr | 0.38% |
| Bata India Ltd | Equity | ₹8.02 Cr | 0.38% |
| Torrent Pharmaceuticals Ltd | Equity | ₹7.7 Cr | 0.37% |
| K.P.R. Mill Ltd | Equity | ₹7.07 Cr | 0.34% |
| ITC Ltd | Equity | ₹7.05 Cr | 0.33% |
| PI Industries Ltd | Equity | ₹6.48 Cr | 0.31% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.18 Cr | 0.25% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹5.1 Cr | 0.24% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹5.08 Cr | 0.24% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.24% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹5.02 Cr | 0.24% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.24% |
| Nexus Select Trust Reits | Equity - REIT | ₹4.76 Cr | 0.23% |
| Kaynes Technology India Ltd | Equity | ₹4.28 Cr | 0.20% |
| Wakefit Innovations Ltd | Equity | ₹3.91 Cr | 0.19% |
| Lenskart Solutions Ltd | Equity | ₹3.21 Cr | 0.15% |
| Billionbrains Garage Ventures Ltd | Equity | ₹3.12 Cr | 0.15% |
| AIA Engineering Ltd | Equity | ₹2.26 Cr | 0.11% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹2.02 Cr | 0.10% |
| Kwality Walls (India) Limited | Equity | ₹0.62 Cr | 0.03% |
| Tvs Motor Company Limited | Preferred Stock | ₹0.25 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
58.28%
Mid Cap Stocks
14.20%
Small Cap Stocks
2.95%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹547.55 Cr | 25.97% |
| Consumer Cyclical | ₹233.09 Cr | 11.05% |
| Technology | ₹189.66 Cr | 8.99% |
| Industrials | ₹144.11 Cr | 6.83% |
| Energy | ₹115.06 Cr | 5.46% |
| Healthcare | ₹94.48 Cr | 4.48% |
| Consumer Defensive | ₹90.8 Cr | 4.31% |
| Communication Services | ₹77.86 Cr | 3.69% |
| Basic Materials | ₹68.2 Cr | 3.23% |
| Utilities | ₹17.16 Cr | 0.81% |
| Real Estate | ₹12.57 Cr | 0.60% |
Risk & Performance Ratios
Standard Deviation
This fund
9.76%
Cat. avg.
9.84%
Lower the better
Sharpe Ratio
This fund
1.16
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.36
Higher the better
Fund Managers
RP
Rahul Pal
Since July 2019
AG
Amit Garg
Since May 2024
Fatema Pacha
Since October 2020
KD
Kirti Dalvi
Since December 2025
Additional Scheme Detailsas of 31st December 2025
ISIN INF174V01788 | Expense Ratio 0.45% | Exit Load 1.00% | Fund Size ₹2,108 Cr | Age 6 years 5 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Hybrid 35+65 - Agg TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Aggressive Allocation Funds
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹33,324 Cr
Address
570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
Other Funds by Mahindra Manulife Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Take control of your wealth
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Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Aggressive Hybrid Fund Direct Growth?
The NAV of Mahindra Manulife Aggressive Hybrid Fund Direct Growth, as of 14-Jan-2026, is ₹30.95.
What are the returns of Mahindra Manulife Aggressive Hybrid Fund Direct Growth?
The fund has generated 11.03% over the last 1 year and 18.43% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Mahindra Manulife Aggressive Hybrid Fund Direct Growth?
The fund's allocation of assets is distributed as 76.20% in equities, 14.97% in bonds, and 8.80% in cash and cash equivalents.
Who manages the Mahindra Manulife Aggressive Hybrid Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Aggressive Hybrid Fund Direct Growth are:-
- Rahul Pal
- Amit Garg
- Fatema Pacha
- Kirti Dalvi
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
