Mahindra Manulife Banking & Financial Services Fund Regular Growth

Fund Overview

Fund Size

₹287 Cr

Expense Ratio

2.35%

ISIN

INF174V01CL3

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

18 Jul 2025

About this fund

Mahindra Manulife Banking & Financial Services Fund Regular Growth is a Sector - Financial Services mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 1 months and 6 days, having been launched on 18-Jul-25.
As of 22-Aug-25, it has a Net Asset Value (NAV) of ₹9.85, Assets Under Management (AUM) of 286.55 Crores, and an expense ratio of 2.35%.

Mahindra Manulife Banking & Financial Services Fund Regular Growth has given a CAGR return of -1.54% since inception.
The fund's asset allocation comprises around 72.12% in equities, 0.00% in debts, and 27.88% in cash & cash equivalents.
You can start investing in Mahindra Manulife Banking & Financial Services Fund Regular 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.

Since Inception

-1.54%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2025

Equity	₹206.67 Cr	72.12%
Others	₹79.88 Cr	27.88%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Triparty Repo	Cash - Repurchase Agreement	₹64.19 Cr	22.40%
HDFC Bank Ltd	Equity	₹55.61 Cr	19.41%
ICICI Bank Ltd	Equity	₹50.03 Cr	17.46%
Net Receivables / (Payables)	Cash	₹15.69 Cr	5.47%
Axis Bank Ltd	Equity	₹13.36 Cr	4.66%
Bajaj Finance Ltd	Equity	₹10.72 Cr	3.74%
State Bank of India	Equity	₹10.59 Cr	3.70%
Canara Bank	Equity	₹7.9 Cr	2.76%
HDFC Life Insurance Co Ltd	Equity	₹6.88 Cr	2.40%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹5.61 Cr	1.96%
Shriram Finance Ltd	Equity	₹5.55 Cr	1.94%
SBI Life Insurance Co Ltd	Equity	₹5.49 Cr	1.92%
Indian Bank	Equity	₹5.4 Cr	1.88%
Kotak Mahindra Bank Ltd	Equity	₹5.05 Cr	1.76%
Karur Vysya Bank Ltd	Equity	₹4.18 Cr	1.46%
PNB Housing Finance Ltd	Equity	₹3.94 Cr	1.38%
Cholamandalam Investment and Finance Co Ltd	Equity	₹3.79 Cr	1.32%
Manappuram Finance Ltd	Equity	₹3.21 Cr	1.12%
RBL Bank Ltd	Equity	₹2.8 Cr	0.98%
REC Ltd	Equity	₹2.73 Cr	0.95%
IIFL Finance Ltd	Equity	₹2.45 Cr	0.86%
IDFC First Bank Ltd	Equity	₹1.38 Cr	0.48%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹206.67 Cr	72.12%

Risk & Performance Ratios

Fund Managers

Vishal Jajoo

Since July 2025

Chetan Gindodia

Since July 2025

Additional Scheme Detailsas of 31st July 2025

ISIN

INF174V01CL3

Expense Ratio

2.35%

Exit Load

No Charges

Fund Size

₹287 Cr

Age

1 month

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Financial Services 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 Sector - Financial Services Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mahindra Manulife Banking & Financial Services Fund Regular Growth Very High Risk	2.4%	0.0%	₹286.55 Cr	-
Mahindra Manulife Banking & Financial Services Fund Direct Growth Very High Risk	0.5%	0.0%	₹286.55 Cr	-
HSBC Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹683.17 Cr	-
HSBC Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹683.17 Cr	-
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2736.71 Cr	8.9%
Mirae Asset Nifty PSU Bank ETF Very High Risk	0.2%	-	₹41.87 Cr	-
Edelweiss Nifty Bank ETF Very High Risk	0.1%	-	₹4.73 Cr	-
Helios Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹188.65 Cr	13.3%
Helios Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹188.65 Cr	11.6%
Baroda BNP Paribas NIFTY Bank ETF Very High Risk	0.1%	-	₹3.30 Cr	8.8%
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.1%	-	₹3193.75 Cr	4.9%
HDFC Nifty Private Bank ETF Very High Risk	0.1%	-	₹327.23 Cr	5.0%
Groww Banking & Financial Services Fund Regular Growth Very High Risk	2.3%	1.0%	₹57.48 Cr	7.8%
Groww Banking & Financial Services Fund Direct Growth Very High Risk	0.4%	1.0%	₹57.48 Cr	9.9%
WhiteOak Capital Banking & Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹457.23 Cr	13.8%
WhiteOak Capital Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	1.0%	₹457.23 Cr	15.7%
HDFC Nifty PSU Bank ETF Very High Risk	0.3%	-	₹26.69 Cr	-0.6%
Bajaj Finserv Nifty Bank ETF Very High Risk	0.1%	-	₹344.31 Cr	8.9%
DSP Banking & Financial Services Fund Regular Growth Very High Risk	2.1%	0.0%	₹1346.44 Cr	17.0%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹1346.44 Cr	18.8%
Mirae Asset Nifty Financial Services ETF Very High Risk	0.1%	-	₹431.17 Cr	14.2%
Kotak Nifty Bank ETF Very High Risk	0.1%	-	₹5351.92 Cr	8.8%
Nippon India Banking & Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹7222.06 Cr	9.9%
Invesco India Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹1432.76 Cr	11.6%
UTI Nifty Bank ETF Very High Risk	0.2%	-	₹3674.44 Cr	8.9%
HDFC Nifty Private Bank ETF Very High Risk	0.1%	-	₹352.74 Cr	-88.9%
ICICI Prudential Nifty Bank ETF Very High Risk	0.1%	-	₹3052.64 Cr	8.9%
SBI Nifty Private Bank ETF Very High Risk	0.1%	-	₹502.38 Cr	4.9%
Bandhan Financial Services Fund Regular Growth Very High Risk	2.2%	0.0%	₹1057.98 Cr	8.6%
Bandhan Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹1057.98 Cr	10.4%
Mirae Asset Nifty Bank ETF Very High Risk	0.1%	-	₹256.74 Cr	8.9%
SBI Nifty Bank ETF Very High Risk	0.2%	-	₹4015.90 Cr	8.9%
Quant BFSI Fund Regular Growth Very High Risk	2.3%	1.0%	₹646.88 Cr	1.4%
Baroda BNP Paribas Banking and Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹296.53 Cr	12.7%
Quant BFSI Fund Direct Growth Very High Risk	0.8%	1.0%	₹646.88 Cr	3.0%
ICICI Prudential Nifty Financial Services Ex-Bank ETF Very High Risk	0.2%	-	₹202.57 Cr	15.1%
HDFC Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹4186.79 Cr	9.9%
HDFC Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹4186.79 Cr	8.7%
UTI Banking and Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹1304.90 Cr	10.8%
Baroda BNP Paribas Banking and Financial Services Fund Direct Growth Very High Risk	0.8%	1.0%	₹296.53 Cr	14.5%
SBI Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	0.0%	₹8450.07 Cr	14.8%
SBI Banking & Financial Services Fund Regular Growth Very High Risk	1.8%	0.0%	₹8450.07 Cr	13.6%
ICICI Prudential Banking and Financial Services Direct Growth Very High Risk	1.0%	1.0%	₹9930.21 Cr	11.4%
ITI Banking and Financial Services Fund Regular Growth Very High Risk	2.4%	0.0%	₹310.07 Cr	9.1%
ITI Banking and Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹310.07 Cr	11.1%
Kotak Banking & Financial Services Fund Regular Growth Very High Risk	2.1%	0.0%	₹1236.49 Cr	7.8%
Kotak Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹1236.49 Cr	9.5%
Sundaram Financial Services Opportunities Direct Growth Very High Risk	0.8%	0.0%	₹1547.92 Cr	3.5%
Taurus Banking & Financial Services Fund Direct Growth Very High Risk	1.6%	1.0%	₹11.83 Cr	6.8%
Mirae Asset Banking and Financial Services Fund Regular Growth Very High Risk	2.0%	1.0%	₹2042.45 Cr	9.9%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹5,80,682 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹404.32 Cr	-
Mahindra Manulife Banking & Financial Services Fund Direct Growth Very High Risk	0.5%	0.0%	₹286.55 Cr	-
Kotak Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹9.55 Cr	-
Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹17.82 Cr	-
Kotak Energy Opportunities Fund Direct Growth Very High Risk	0.9%	1.0%	₹200.78 Cr	-
Kotak Nifty Midcap 150 Index Fund Regular Growth Very High Risk	0.3%	0.0%	₹8.01 Cr	-
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹481.96 Cr	-
Kotak FMP Series 327 Direct Growth Moderately High risk	-	0.0%	₹206.03 Cr	-
Kotak FMP Series 326 - 175 Days Direct Growth Moderate Risk	-	-	-	-
Kotak FMP Series 325 - 90 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak FMP Series 324 - 109 Days Direct Growth Moderately High risk	-	0.0%	-	-
Kotak Healthcare Fund Direct Growth Very High Risk	0.8%	0.0%	₹485.27 Cr	5.9%
Kotak FMP Series 323 Direct Growth Low Risk	-	0.0%	-	-
Kotak Consumption Fund Direct Growth Very High Risk	0.6%	0.0%	₹1373.36 Cr	5.2%
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹22.08 Cr	8.3%
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹8198.91 Cr	5.0%
Kotak S&P BSE Housing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹17.59 Cr	-3.3%
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 308 - 1125 Days Direct Growth Moderately High risk	-	0.0%	₹94.00 Cr	8.8%
Kotak Yearly Interval Plan Series 1 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 304 Direct Growth Moderate Risk	-	-	₹109.38 Cr	9.0%
Kotak Fixed Maturity Plan Series 262 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 291 - 1826 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 264 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 310 - 1131 Days Direct Growth Low to Moderate Risk	-	0.0%	₹125.59 Cr	7.6%
Kotak FMP Series 306 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 249 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 295 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 258 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 298 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 290 - 1180 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Monthly Interval Series 4 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 293 - 1826 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak India Growth Fund Series IV Direct Growth Very High Risk	0.3%	0.0%	₹132.94 Cr	50.2%
Kotak Fixed Maturity Plan Series 260 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 287 - 1188 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 272 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak Fixed Maturity Plan Series 273 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 305 Direct Growth Low to Moderate Risk	-	0.0%	₹33.56 Cr	7.4%
Kotak FMP Series 300 - 1223 days Direct Growth Low to Moderate Risk	-	0.0%	₹241.41 Cr	7.6%
Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 292 - 1735 Days Direct Growth Low to Moderate Risk	-	0.0%	₹466.25 Cr	7.7%
Kotak FMP Series 289 -1179 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 288 -1177 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹17902.58 Cr	-4.7%
Kotak Flexicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹53293.04 Cr	3.1%
Kotak Equity Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹28084.13 Cr	0.5%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.6%	0.0%	₹6354.72 Cr	-1.4%

Risk Level

Your principal amount will be at Very High Risk

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of Mahindra Manulife Banking & Financial Services Fund Regular Growth?

The NAV of Mahindra Manulife Banking & Financial Services Fund Regular Growth, as of 22-Aug-2025, is ₹9.85.

What is the portfolio composition of Mahindra Manulife Banking & Financial Services Fund Regular Growth?

The fund's allocation of assets is distributed as 72.12% in equities, 0.00% in bonds, and 27.88% in cash and cash equivalents.

Who manages the Mahindra Manulife Banking & Financial Services Fund Regular Growth?

The fund managers responsible for Mahindra Manulife Banking & Financial Services Fund Regular Growth are:-

Vishal Jajoo
Chetan Gindodia

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.

;

Fund Overview

Fund Size

₹287 Cr

Expense Ratio

2.35%

ISIN

INF174V01CL3

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

18 Jul 2025

Risk Level

Your principal amount will be at Very High Risk