Mahindra Manulife Consumption Fund Direct Growth
EquityEquity - ConsumptionVery High Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹495 Cr
Expense Ratio
0.66%
ISIN
INF174V01663
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
16 Nov 2018
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹24.49, Assets Under Management (AUM) of 495.23 Crores, and an expense ratio of 0.66%.
- Mahindra Manulife Consumption Fund Direct Growth has given a CAGR return of 14.52% since inception.
- The fund's asset allocation comprises around 93.14% in equities, 0.00% in debts, and 6.86% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Consumption 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
-0.85%
— (Cat Avg.)
3 Years
+22.65%
— (Cat Avg.)
5 Years
+21.97%
— (Cat Avg.)
Since Inception
+14.52%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹461.27 Cr | 93.14% |
| Others | ₹33.95 Cr | 6.86% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Triparty Repo | Cash - Repurchase Agreement | ₹26.87 Cr | 5.43% |
| Bharti Airtel Ltd | Equity | ₹26.17 Cr | 5.28% |
| ITC Ltd | Equity | ₹25.58 Cr | 5.17% |
| Mahindra & Mahindra Ltd | Equity | ₹22.22 Cr | 4.49% |
| Hindustan Unilever Ltd | Equity | ₹22 Cr | 4.44% |
| Eternal Ltd | Equity | ₹20.61 Cr | 4.16% |
| Trent Ltd | Equity | ₹16.63 Cr | 3.36% |
| Maruti Suzuki India Ltd | Equity | ₹16.24 Cr | 3.28% |
| Titan Co Ltd | Equity | ₹13.49 Cr | 2.72% |
| Avenue Supermarts Ltd | Equity | ₹12.11 Cr | 2.44% |
| Tata Power Co Ltd | Equity | ₹10.21 Cr | 2.06% |
| Godrej Consumer Products Ltd | Equity | ₹9.58 Cr | 1.94% |
| United Spirits Ltd | Equity | ₹9.3 Cr | 1.88% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹9.24 Cr | 1.87% |
| Havells India Ltd | Equity | ₹9.16 Cr | 1.85% |
| Britannia Industries Ltd | Equity | ₹9.09 Cr | 1.84% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹8.91 Cr | 1.80% |
| Hero MotoCorp Ltd | Equity | ₹8.83 Cr | 1.78% |
| Blue Star Ltd | Equity | ₹8.4 Cr | 1.70% |
| DOMS Industries Ltd | Equity | ₹8.27 Cr | 1.67% |
| TVS Motor Co Ltd | Equity | ₹8.18 Cr | 1.65% |
| Varun Beverages Ltd | Equity | ₹7.71 Cr | 1.56% |
| Page Industries Ltd | Equity | ₹7.4 Cr | 1.49% |
| Ceat Ltd | Equity | ₹7.37 Cr | 1.49% |
| Net Receivables / (Payables) | Cash | ₹7.09 Cr | 1.43% |
| Devyani International Ltd | Equity | ₹7.04 Cr | 1.42% |
| Chalet Hotels Ltd | Equity | ₹6.79 Cr | 1.37% |
| Balrampur Chini Mills Ltd | Equity | ₹6.79 Cr | 1.37% |
| Aditya Vision Ltd | Equity | ₹6.78 Cr | 1.37% |
| Bharti Hexacom Ltd | Equity | ₹6.75 Cr | 1.36% |
| Info Edge (India) Ltd | Equity | ₹6.47 Cr | 1.31% |
| FSN E-Commerce Ventures Ltd | Equity | ₹6.3 Cr | 1.27% |
| Aditya Birla Real Estate Ltd | Equity | ₹6.16 Cr | 1.24% |
| Hindustan Foods Ltd | Equity | ₹6.06 Cr | 1.22% |
| Safari Industries (India) Ltd | Equity | ₹5.96 Cr | 1.20% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹5.94 Cr | 1.20% |
| Metro Brands Ltd | Equity | ₹5.92 Cr | 1.19% |
| Tata Motors Ltd | Equity | ₹5.76 Cr | 1.16% |
| Senco Gold Ltd | Equity | ₹5.35 Cr | 1.08% |
| Belrise Industries Ltd | Equity | ₹5.16 Cr | 1.04% |
| Whirlpool of India Ltd | Equity | ₹5.13 Cr | 1.04% |
| Radico Khaitan Ltd | Equity | ₹5.07 Cr | 1.02% |
| Vishal Mega Mart Ltd | Equity | ₹5.05 Cr | 1.02% |
| Bata India Ltd | Equity | ₹4.9 Cr | 0.99% |
| Greenply Industries Ltd | Equity | ₹4.85 Cr | 0.98% |
| Dabur India Ltd | Equity | ₹4.76 Cr | 0.96% |
| Asian Paints Ltd | Equity | ₹4.6 Cr | 0.93% |
| Tata Consumer Products Ltd | Equity | ₹4.55 Cr | 0.92% |
| Emami Ltd | Equity | ₹4.21 Cr | 0.85% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹4.12 Cr | 0.83% |
| AWL Agri Business Ltd | Equity | ₹3.99 Cr | 0.81% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹3.69 Cr | 0.75% |
| Gillette India Ltd | Equity | ₹2.94 Cr | 0.59% |
| Nestle India Ltd | Equity | ₹2.88 Cr | 0.58% |
| Aditya Birla Lifestyle Brands Limited | Equity | ₹2.56 Cr | 0.52% |
| Polycab India Ltd | Equity | ₹2.22 Cr | 0.45% |
| Kewal Kiran Clothing Ltd | Equity | ₹1.84 Cr | 0.37% |
| D B Corp Ltd | Equity | ₹1.38 Cr | 0.28% |
| ITC Hotels Ltd | Equity | ₹1.32 Cr | 0.27% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹1.29 Cr | 0.26% |
Allocation By Market Cap (Equity)
Large Cap Stocks
58.01%
Mid Cap Stocks
10.97%
Small Cap Stocks
22.34%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹199.24 Cr | 40.23% |
| Consumer Defensive | ₹136.5 Cr | 27.56% |
| Communication Services | ₹49.67 Cr | 10.03% |
| Industrials | ₹38.23 Cr | 7.72% |
| Basic Materials | ₹15.61 Cr | 3.15% |
| Utilities | ₹10.21 Cr | 2.06% |
| Healthcare | ₹9.24 Cr | 1.87% |
Risk & Performance Ratios
Standard Deviation
This fund
14.97%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.84
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Fatema Pacha
Since December 2020
Navin Matta
Since October 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF174V01663 | Expense Ratio | 0.66% | Exit Load | 1.00% | Fund Size | ₹495 Cr | Age | 6 years 7 months | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty India Consumption 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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 Equity - Consumption Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ITI Bharat Consumption Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹203.82 Cr | - |
| ITI Bharat Consumption Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹203.82 Cr | - |
| Edelweiss Consumption Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹363.64 Cr | - |
| Edelweiss Consumption Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹363.64 Cr | - |
| ICICI Prudential Nifty FMCG ETF Very High Risk | 0.2% | - | ₹559.96 Cr | -3.3% |
| Bank of India Consumption Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹382.57 Cr | - |
| Bank of India Consumption Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹382.57 Cr | - |
| Bajaj Finserv Consumption Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹570.97 Cr | - |
| Bajaj Finserv Consumption Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹570.97 Cr | - |
| SBI Nifty India Consumption Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹340.15 Cr | - |
About the AMC
Total AUM
₹5,29,477 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Consumption Fund Direct Growth?
What are the returns of Mahindra Manulife Consumption Fund Direct Growth?
What is the portfolio composition of Mahindra Manulife Consumption Fund Direct Growth?
Who manages the Mahindra Manulife Consumption Fund Direct Growth?
- Fatema Pacha
- Navin Matta
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.