Mahindra Manulife Aggressive Hybrid Fund Direct Growth
HybridAggressive AllocationVery High Risk
Direct
NAV (17-May-24)
₹25.860.75%1D
Returns (Since Inception)
21.78%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,138 Cr
Expense Ratio
0.50%
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 4 years, 9 months and 27 days, having been launched on 23-Jul-19.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹25.86, Assets Under Management (AUM) of 1138.39 Crores, and an expense ratio of 0.5%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹25.86, Assets Under Management (AUM) of 1138.39 Crores, and an expense ratio of 0.5%.
- Mahindra Manulife Aggressive Hybrid Fund Direct Growth has given a CAGR return of 21.78% since inception.
- The fund's asset allocation comprises around 77.58% in equities, 19.10% in debts, and 3.32% 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
+35.19%
+29.18% (Cat Avg.)
3 Years
+20.42%
+16.05% (Cat Avg.)
Since Inception
+21.78%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹883.12 Cr | 77.58% |
| Debt | ₹217.48 Cr | 19.10% |
| Others | ₹37.78 Cr | 3.32% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹65.34 Cr | 5.74% |
| HDFC Bank Ltd | Equity | ₹56.73 Cr | 4.98% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹52.44 Cr | 4.61% |
| Reliance Industries Ltd | Equity | ₹49.9 Cr | 4.38% |
| State Bank of India | Equity | ₹39.33 Cr | 3.45% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹39.31 Cr | 3.45% |
| Infosys Ltd | Equity | ₹38.1 Cr | 3.35% |
| Larsen & Toubro Ltd | Equity | ₹32.09 Cr | 2.82% |
| Axis Bank Ltd | Equity | ₹30.31 Cr | 2.66% |
| Tata Consultancy Services Ltd | Equity | ₹24.4 Cr | 2.14% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹24.09 Cr | 2.12% |
| Triparty Repo | Cash - Repurchase Agreement | ₹23.41 Cr | 2.06% |
| ITC Ltd | Equity | ₹23.31 Cr | 2.05% |
| Shriram Finance Ltd | Equity | ₹23.22 Cr | 2.04% |
| Tata Motors Finance Limited | Bond - Corporate Bond | ₹22.57 Cr | 1.98% |
| Divi's Laboratories Ltd | Equity | ₹17.83 Cr | 1.57% |
| Nestle India Ltd | Equity | ₹16.67 Cr | 1.46% |
| Avenue Supermarts Ltd | Equity | ₹16.57 Cr | 1.46% |
| Whirlpool of India Ltd | Equity | ₹16.24 Cr | 1.43% |
| Tata Power Co Ltd | Equity | ₹16.13 Cr | 1.42% |
| Biocon Ltd | Equity | ₹15.67 Cr | 1.38% |
| Kotak Mahindra Prime Ltd. 8.23% | Bond - Corporate Bond | ₹15.04 Cr | 1.32% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹14.92 Cr | 1.31% |
| Tech Mahindra Ltd | Equity | ₹14.66 Cr | 1.29% |
| Eicher Motors Ltd | Equity | ₹13.79 Cr | 1.21% |
| Lakshmi Machine Works Ltd | Equity | ₹13.5 Cr | 1.19% |
| SRF Ltd | Equity | ₹13.37 Cr | 1.17% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹13.13 Cr | 1.15% |
| UNO Minda Ltd | Equity | ₹13.07 Cr | 1.15% |
| Wipro Ltd | Equity | ₹12.95 Cr | 1.14% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹12.57 Cr | 1.10% |
| GAIL (India) Ltd | Equity | ₹12.48 Cr | 1.10% |
| Oil India Ltd | Equity | ₹12.4 Cr | 1.09% |
| Kalpataru Projects International Ltd | Equity | ₹12.32 Cr | 1.08% |
| Tata Motors Ltd Class A | Equity | ₹11.8 Cr | 1.04% |
| Havells India Ltd | Equity | ₹11.48 Cr | 1.01% |
| National Aluminium Co Ltd | Equity | ₹11.44 Cr | 1.00% |
| Bharti Airtel Ltd | Equity | ₹11.37 Cr | 1.00% |
| Schaeffler India Ltd | Equity | ₹11.27 Cr | 0.99% |
| FSN E-Commerce Ventures Ltd | Equity | ₹11.14 Cr | 0.98% |
| CG Power & Industrial Solutions Ltd | Equity | ₹10.52 Cr | 0.92% |
| Kaynes Technology India Ltd | Equity | ₹10.23 Cr | 0.90% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹10.21 Cr | 0.90% |
| L&T Finance Ltd | Equity | ₹10.17 Cr | 0.89% |
| Century Textiles & Industries Ltd | Equity | ₹10.11 Cr | 0.89% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹10.03 Cr | 0.88% |
| Mahindra & Mahindra Ltd | Equity | ₹10.03 Cr | 0.88% |
| Vardhman Textiles Ltd | Equity | ₹9.8 Cr | 0.86% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹9.74 Cr | 0.86% |
| V-Mart Retail Ltd | Equity | ₹9.57 Cr | 0.84% |
| Gillette India Ltd | Equity | ₹9.34 Cr | 0.82% |
| Gujarat State Fertilizers & Chemicals Ltd | Equity | ₹8.78 Cr | 0.77% |
| Torrent Pharmaceuticals Ltd | Equity | ₹8.63 Cr | 0.76% |
| Tata Steel Ltd | Equity | ₹8.58 Cr | 0.75% |
| Tega Industries Ltd | Equity | ₹8.34 Cr | 0.73% |
| Colgate-Palmolive (India) Ltd | Equity | ₹8.33 Cr | 0.73% |
| Balrampur Chini Mills Ltd | Equity | ₹8.31 Cr | 0.73% |
| Aditya Vision Ltd | Equity | ₹8.12 Cr | 0.71% |
| Natco Pharma Ltd | Equity | ₹7.74 Cr | 0.68% |
| Union Bank of India | Equity | ₹6.92 Cr | 0.61% |
| DOMS Industries Ltd | Equity | ₹6.72 Cr | 0.59% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹6.48 Cr | 0.57% |
| UltraTech Cement Ltd | Equity | ₹5.98 Cr | 0.53% |
| Apollo Pipes Ltd | Equity | ₹5.82 Cr | 0.51% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.11 Cr | 0.45% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹5 Cr | 0.44% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹4.99 Cr | 0.44% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹4.98 Cr | 0.44% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹4.97 Cr | 0.44% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹4.94 Cr | 0.43% |
| Net Receivables / (Payables) | Cash | ₹4.39 Cr | 0.39% |
| ABB India Ltd | Equity | ₹2.62 Cr | 0.23% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹2.5 Cr | 0.22% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹2.01 Cr | 0.18% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹2 Cr | 0.18% |
Allocation By Market Cap (Equity)
Large Cap Stocks
51.59%
Mid Cap Stocks
12.80%
Small Cap Stocks
13.19%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹254.89 Cr | 22.39% |
| Consumer Cyclical | ₹121.31 Cr | 10.66% |
| Industrials | ₹113.65 Cr | 9.98% |
| Technology | ₹90.1 Cr | 7.92% |
| Consumer Defensive | ₹82.53 Cr | 7.25% |
| Basic Materials | ₹68.47 Cr | 6.01% |
| Energy | ₹62.3 Cr | 5.47% |
| Healthcare | ₹49.88 Cr | 4.38% |
| Utilities | ₹28.62 Cr | 2.51% |
| Communication Services | ₹11.37 Cr | 1.00% |
Risk & Performance Ratios
Standard Deviation
This fund
10.40%
Cat. avg.
10.05%
Lower the better
Sharpe Ratio
This fund
1.39
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.93
Higher the better
Fund Managers
RP
Rahul Pal
Since July 2019
AG
Amit Garg
Since May 2024
ML
Manish Lodha
Since December 2020
Fatema Pacha
Since October 2020
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF174V01788 | Expense Ratio | 0.50% | Exit Load | 1.00% | Fund Size | ₹1,138 Cr | Age | 23 Jul 2019 | 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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Aggressive Hybrid Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1138.39 Cr | 32.9% |
| Mahindra Manulife Aggressive Hybrid Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1138.39 Cr | 35.2% |
| Bandhan Hybrid Equity Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹693.61 Cr | 26.1% |
| Bandhan Hybrid Equity Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹693.61 Cr | 24.5% |
| Tata Hybrid Equity Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3748.90 Cr | 23.0% |
| UTI Hybrid Equity Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹5487.53 Cr | 31.2% |
| Nippon India Equity Hybrid Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3522.61 Cr | 30.2% |
| SBI Equity Hybrid Fund Regular Growth Very High Risk | 1.4% | 1.0% | ₹68409.82 Cr | 24.7% |
| Canara Robeco Equity Hybrid Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹10077.44 Cr | 25.1% |
| Quant Absolute Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2024.53 Cr | 37.3% |
About the AMC
Total AUM
₹13,599 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
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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 17-May-2024, is ₹25.86.
What are the returns of Mahindra Manulife Aggressive Hybrid Fund Direct Growth?
The fund has generated 35.19% over the last 1 year and 20.42% 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 77.58% in equities, 19.10% in bonds, and 3.32% 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
- Manish Lodha
- Fatema Pacha
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 Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.