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Mahindra Manulife Equity Savings Fund Direct Growth
HybridEquity SavingsModerately High risk
Direct
NAV (11-Dec-25)
₹24.800.17%1D
Returns (Since Inception)
10.74%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹551 Cr
Expense Ratio
0.71%
ISIN
INF174V01184
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Feb 2017
About this fund
Mahindra Manulife Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 8 years, 10 months and 11 days, having been launched on 01-Feb-17.
As of 11-Dec-25, it has a Net Asset Value (NAV) of ₹24.80, Assets Under Management (AUM) of 550.94 Crores, and an expense ratio of 0.71%.
As of 11-Dec-25, it has a Net Asset Value (NAV) of ₹24.80, Assets Under Management (AUM) of 550.94 Crores, and an expense ratio of 0.71%.
- Mahindra Manulife Equity Savings Fund Direct Growth has given a CAGR return of 10.74% since inception.
- The fund's asset allocation comprises around 44.52% in equities, 12.33% in debts, and 43.15% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Equity Savings 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
+6.95%
+5.01% (Cat Avg.)
3 Years
+11.38%
+9.95% (Cat Avg.)
5 Years
+11.95%
+9.80% (Cat Avg.)
Since Inception
+10.74%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2025
| Equity | ₹245.28 Cr | 44.52% |
| Debt | ₹67.92 Cr | 12.33% |
| Others | ₹237.75 Cr | 43.15% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹179.15 Cr | 32.52% |
| ICICI Bank Ltd | Equity | ₹32.71 Cr | 5.94% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-28.6 Cr | 5.19% |
| Ambuja Cements Ltd | Equity | ₹28.48 Cr | 5.17% |
| HDFC Bank Ltd | Equity | ₹28.42 Cr | 5.16% |
| Bajaj Finance Ltd | Equity | ₹26.17 Cr | 4.75% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-23.7 Cr | 4.30% |
| Reliance Industries Ltd | Equity | ₹23.64 Cr | 4.29% |
| Icici Bank Limited December 2025 Future | Equity - Future | ₹-21 Cr | 3.81% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹18.12 Cr | 3.29% |
| Mahindra & Mahindra Ltd | Equity | ₹16.31 Cr | 2.96% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-15.76 Cr | 2.86% |
| Hdfc Bank Limited December 2025 Future | Equity - Future | ₹-14.61 Cr | 2.65% |
| Triparty Repo | Cash - Repurchase Agreement | ₹14.23 Cr | 2.58% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-14.1 Cr | 2.56% |
| Brookfield India Real Estate Trust | Equity - REIT | ₹14.09 Cr | 2.56% |
| Nexus Select Trust Reits | Equity - REIT | ₹13.02 Cr | 2.36% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-12.64 Cr | 2.29% |
| Future on Canara Bank | Equity - Future | ₹-11.5 Cr | 2.09% |
| Canara Bank | Equity | ₹11.46 Cr | 2.08% |
| Embassy Office Parks REIT | Equity - REIT | ₹11.37 Cr | 2.06% |
| Larsen & Toubro Ltd | Equity | ₹10.93 Cr | 1.98% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹10.16 Cr | 1.84% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹9.96 Cr | 1.81% |
| 364 DTB 15012026 | Bond - Gov't/Treasury | ₹9.93 Cr | 1.80% |
| India (Republic of) | Bond - Short-term Government Bills | ₹9.9 Cr | 1.80% |
| 6.33% Govt Stock 2035 | Bond - Gov't/Treasury | ₹9.85 Cr | 1.79% |
| Bharti Airtel Ltd | Equity | ₹9.48 Cr | 1.72% |
| State Bank of India | Equity | ₹8.26 Cr | 1.50% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-7.89 Cr | 1.43% |
| Future on Jindal Steel Ltd | Equity - Future | ₹-7.82 Cr | 1.42% |
| Jindal Steel Ltd | Equity | ₹7.77 Cr | 1.41% |
| Kotak Mahindra Bank Ltd | Equity | ₹7.48 Cr | 1.36% |
| Divi's Laboratories Ltd | Equity | ₹7.44 Cr | 1.35% |
| Axis Bank Ltd | Equity | ₹6.01 Cr | 1.09% |
| Infosys Ltd | Equity | ₹5.82 Cr | 1.06% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹5.45 Cr | 0.99% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹5.21 Cr | 0.95% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹5.18 Cr | 0.94% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.17 Cr | 0.94% |
| ITC Ltd | Equity | ₹5.13 Cr | 0.93% |
| 6.75% Govt Stock 2029 | Bond - Gov't/Treasury | ₹5.11 Cr | 0.93% |
| Mahindra Manu Liquid Dir Gr | Mutual Fund - Open End | ₹5.1 Cr | 0.93% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹5.08 Cr | 0.92% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.03 Cr | 0.91% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹5.01 Cr | 0.91% |
| 364 DTB 27022026 | Bond - Gov't/Treasury | ₹4.94 Cr | 0.90% |
| Coromandel International Ltd | Equity | ₹4.93 Cr | 0.90% |
| L&T Finance Ltd | Equity | ₹4.77 Cr | 0.87% |
| NTPC Ltd | Equity | ₹4.72 Cr | 0.86% |
| Aditya Vision Ltd | Equity | ₹4.27 Cr | 0.78% |
| Hindustan Unilever Ltd | Equity | ₹4.12 Cr | 0.75% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-4.1 Cr | 0.74% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹4.02 Cr | 0.73% |
| Tech Mahindra Ltd | Equity | ₹3.93 Cr | 0.71% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹3.58 Cr | 0.65% |
| Tata Consumer Products Ltd | Equity | ₹3.56 Cr | 0.65% |
| GAIL (India) Ltd | Equity | ₹3.51 Cr | 0.64% |
| Tata Steel Ltd | Equity | ₹3.46 Cr | 0.63% |
| Tata Consultancy Services Ltd | Equity | ₹3.44 Cr | 0.62% |
| Grasim Industries Ltd | Equity | ₹3.42 Cr | 0.62% |
| Titan Company Limited December 2025 Future | Equity - Future | ₹-3.37 Cr | 0.61% |
| Titan Co Ltd | Equity | ₹3.35 Cr | 0.61% |
| Shree Cement Ltd | Equity | ₹3.23 Cr | 0.59% |
| PTC Industries Ltd | Equity | ₹3.21 Cr | 0.58% |
| Asahi India Glass Ltd | Equity | ₹2.92 Cr | 0.53% |
| Shriram Pistons & Rings Ltd | Equity | ₹2.91 Cr | 0.53% |
| Hindalco Industries Ltd | Equity | ₹2.79 Cr | 0.51% |
| S.P. Apparels Ltd | Equity | ₹2.74 Cr | 0.50% |
| Shriram Finance Ltd | Equity | ₹2.64 Cr | 0.48% |
| SBI Life Insurance Co Ltd | Equity | ₹2.63 Cr | 0.48% |
| 07.63 MH Sdl 2036 | Bond - Gov't/Treasury | ₹2.58 Cr | 0.47% |
| Acutaas Chemicals Ltd | Equity | ₹2.57 Cr | 0.47% |
| KEI Industries Ltd | Equity | ₹2.57 Cr | 0.47% |
| INOX India Ltd | Equity | ₹2.55 Cr | 0.46% |
| Maruti Suzuki India Ltd | Equity | ₹2.54 Cr | 0.46% |
| Persistent Systems Ltd | Equity | ₹2.53 Cr | 0.46% |
| Tega Industries Ltd | Equity | ₹2.5 Cr | 0.45% |
| 6.68% Govt Stock 2040 | Bond - Gov't/Treasury | ₹2.44 Cr | 0.44% |
| JK Cement Ltd | Equity | ₹2.42 Cr | 0.44% |
| Future on Bank of Baroda | Equity - Future | ₹-2.39 Cr | 0.43% |
| Bank of Baroda | Equity | ₹2.37 Cr | 0.43% |
| Gland Pharma Ltd | Equity | ₹2.36 Cr | 0.43% |
| Technocraft Industries (India) Ltd | Equity | ₹2.29 Cr | 0.42% |
| Kirloskar Brothers Ltd | Equity | ₹2.29 Cr | 0.41% |
| Carborundum Universal Ltd | Equity | ₹2.23 Cr | 0.40% |
| Oil & Natural Gas Corp Ltd | Equity | ₹2.22 Cr | 0.40% |
| Coal India Ltd | Equity | ₹2.21 Cr | 0.40% |
| Voltas Ltd | Equity | ₹2.11 Cr | 0.38% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹2.03 Cr | 0.37% |
| Indian Oil Corp Ltd | Equity | ₹2.02 Cr | 0.37% |
| Cube Highways TRust | Bond - Corporate Bond | ₹2.02 Cr | 0.37% |
| Power Grid Corp Of India Ltd | Equity | ₹1.97 Cr | 0.36% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-1.93 Cr | 0.35% |
| Afcons Infrastructure Ltd | Equity | ₹1.92 Cr | 0.35% |
| REC Ltd | Equity | ₹1.89 Cr | 0.34% |
| Archean Chemical Industries Ltd | Equity | ₹1.68 Cr | 0.31% |
| ISGEC Heavy Engineering Ltd | Equity | ₹1.55 Cr | 0.28% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-0.56 Cr | 0.10% |
| Hindustan Petroleum Corp Ltd | Equity | ₹0.56 Cr | 0.10% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-0.23 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
33.22%
Mid Cap Stocks
3.50%
Small Cap Stocks
7.88%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹134.81 Cr | 24.47% |
| Basic Materials | ₹60.76 Cr | 11.03% |
| Consumer Cyclical | ₹42.61 Cr | 7.73% |
| Industrials | ₹32.03 Cr | 5.81% |
| Energy | ₹30.66 Cr | 5.56% |
| Healthcare | ₹27.92 Cr | 5.07% |
| Technology | ₹15.72 Cr | 2.85% |
| Consumer Defensive | ₹12.81 Cr | 2.32% |
| Utilities | ₹10.2 Cr | 1.85% |
| Communication Services | ₹9.48 Cr | 1.72% |
Risk & Performance Ratios
Standard Deviation
This fund
4.93%
Cat. avg.
4.36%
Lower the better
Sharpe Ratio
This fund
0.90
Cat. avg.
0.72
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.21
Higher the better
Fund Managers
RP
Rahul Pal
Since February 2017
RR
Renjith Radhakrishnan
Since July 2023
NM
Navin Matta
Since December 2025
Additional Scheme Detailsas of 30th November 2025
ISIN INF174V01184 | Expense Ratio 0.71% | Exit Load 1.00% | Fund Size ₹551 Cr | Age 8 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Equity Savings 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 Equity Savings Funds
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹32,765 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 Moderately 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 Equity Savings Fund Direct Growth?
The NAV of Mahindra Manulife Equity Savings Fund Direct Growth, as of 11-Dec-2025, is ₹24.80.
What are the returns of Mahindra Manulife Equity Savings Fund Direct Growth?
The fund has generated 6.95% over the last 1 year and 11.38% 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 Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 44.52% in equities, 12.33% in bonds, and 43.15% in cash and cash equivalents.
Who manages the Mahindra Manulife Equity Savings Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Equity Savings Fund Direct Growth are:-
- Rahul Pal
- Renjith Radhakrishnan
- Navin Matta
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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.
Mahindra Manulife Equity Savings Fund Direct Growth
HybridEquity SavingsModerately High risk
Direct
NAV (11-Dec-25)
₹24.800.17%1D
Returns (Since Inception)
10.74%
Rated ★4.3+ on
Fund Overview
Fund Size
₹551 Cr
Expense Ratio
0.71%
ISIN
INF174V01184
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Feb 2017
Risk Level
Your principal amount will be at Moderately High risk
About this fund
Mahindra Manulife Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 8 years, 10 months and 11 days, having been launched on 01-Feb-17.
As of 11-Dec-25, it has a Net Asset Value (NAV) of ₹24.80, Assets Under Management (AUM) of 550.94 Crores, and an expense ratio of 0.71%.
As of 11-Dec-25, it has a Net Asset Value (NAV) of ₹24.80, Assets Under Management (AUM) of 550.94 Crores, and an expense ratio of 0.71%.
- Mahindra Manulife Equity Savings Fund Direct Growth has given a CAGR return of 10.74% since inception.
- The fund's asset allocation comprises around 44.52% in equities, 12.33% in debts, and 43.15% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Equity Savings 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
+6.95%
+5.01% (Cat Avg.)
3 Years
+11.38%
+9.95% (Cat Avg.)
5 Years
+11.95%
+9.80% (Cat Avg.)
Since Inception
+10.74%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2025
| Equity | ₹245.28 Cr | 44.52% |
| Debt | ₹67.92 Cr | 12.33% |
| Others | ₹237.75 Cr | 43.15% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹179.15 Cr | 32.52% |
| ICICI Bank Ltd | Equity | ₹32.71 Cr | 5.94% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-28.6 Cr | 5.19% |
| Ambuja Cements Ltd | Equity | ₹28.48 Cr | 5.17% |
| HDFC Bank Ltd | Equity | ₹28.42 Cr | 5.16% |
| Bajaj Finance Ltd | Equity | ₹26.17 Cr | 4.75% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-23.7 Cr | 4.30% |
| Reliance Industries Ltd | Equity | ₹23.64 Cr | 4.29% |
| Icici Bank Limited December 2025 Future | Equity - Future | ₹-21 Cr | 3.81% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹18.12 Cr | 3.29% |
| Mahindra & Mahindra Ltd | Equity | ₹16.31 Cr | 2.96% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-15.76 Cr | 2.86% |
| Hdfc Bank Limited December 2025 Future | Equity - Future | ₹-14.61 Cr | 2.65% |
| Triparty Repo | Cash - Repurchase Agreement | ₹14.23 Cr | 2.58% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-14.1 Cr | 2.56% |
| Brookfield India Real Estate Trust | Equity - REIT | ₹14.09 Cr | 2.56% |
| Nexus Select Trust Reits | Equity - REIT | ₹13.02 Cr | 2.36% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-12.64 Cr | 2.29% |
| Future on Canara Bank | Equity - Future | ₹-11.5 Cr | 2.09% |
| Canara Bank | Equity | ₹11.46 Cr | 2.08% |
| Embassy Office Parks REIT | Equity - REIT | ₹11.37 Cr | 2.06% |
| Larsen & Toubro Ltd | Equity | ₹10.93 Cr | 1.98% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹10.16 Cr | 1.84% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹9.96 Cr | 1.81% |
| 364 DTB 15012026 | Bond - Gov't/Treasury | ₹9.93 Cr | 1.80% |
| India (Republic of) | Bond - Short-term Government Bills | ₹9.9 Cr | 1.80% |
| 6.33% Govt Stock 2035 | Bond - Gov't/Treasury | ₹9.85 Cr | 1.79% |
| Bharti Airtel Ltd | Equity | ₹9.48 Cr | 1.72% |
| State Bank of India | Equity | ₹8.26 Cr | 1.50% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-7.89 Cr | 1.43% |
| Future on Jindal Steel Ltd | Equity - Future | ₹-7.82 Cr | 1.42% |
| Jindal Steel Ltd | Equity | ₹7.77 Cr | 1.41% |
| Kotak Mahindra Bank Ltd | Equity | ₹7.48 Cr | 1.36% |
| Divi's Laboratories Ltd | Equity | ₹7.44 Cr | 1.35% |
| Axis Bank Ltd | Equity | ₹6.01 Cr | 1.09% |
| Infosys Ltd | Equity | ₹5.82 Cr | 1.06% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹5.45 Cr | 0.99% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹5.21 Cr | 0.95% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹5.18 Cr | 0.94% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.17 Cr | 0.94% |
| ITC Ltd | Equity | ₹5.13 Cr | 0.93% |
| 6.75% Govt Stock 2029 | Bond - Gov't/Treasury | ₹5.11 Cr | 0.93% |
| Mahindra Manu Liquid Dir Gr | Mutual Fund - Open End | ₹5.1 Cr | 0.93% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹5.08 Cr | 0.92% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.03 Cr | 0.91% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹5.01 Cr | 0.91% |
| 364 DTB 27022026 | Bond - Gov't/Treasury | ₹4.94 Cr | 0.90% |
| Coromandel International Ltd | Equity | ₹4.93 Cr | 0.90% |
| L&T Finance Ltd | Equity | ₹4.77 Cr | 0.87% |
| NTPC Ltd | Equity | ₹4.72 Cr | 0.86% |
| Aditya Vision Ltd | Equity | ₹4.27 Cr | 0.78% |
| Hindustan Unilever Ltd | Equity | ₹4.12 Cr | 0.75% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-4.1 Cr | 0.74% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹4.02 Cr | 0.73% |
| Tech Mahindra Ltd | Equity | ₹3.93 Cr | 0.71% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹3.58 Cr | 0.65% |
| Tata Consumer Products Ltd | Equity | ₹3.56 Cr | 0.65% |
| GAIL (India) Ltd | Equity | ₹3.51 Cr | 0.64% |
| Tata Steel Ltd | Equity | ₹3.46 Cr | 0.63% |
| Tata Consultancy Services Ltd | Equity | ₹3.44 Cr | 0.62% |
| Grasim Industries Ltd | Equity | ₹3.42 Cr | 0.62% |
| Titan Company Limited December 2025 Future | Equity - Future | ₹-3.37 Cr | 0.61% |
| Titan Co Ltd | Equity | ₹3.35 Cr | 0.61% |
| Shree Cement Ltd | Equity | ₹3.23 Cr | 0.59% |
| PTC Industries Ltd | Equity | ₹3.21 Cr | 0.58% |
| Asahi India Glass Ltd | Equity | ₹2.92 Cr | 0.53% |
| Shriram Pistons & Rings Ltd | Equity | ₹2.91 Cr | 0.53% |
| Hindalco Industries Ltd | Equity | ₹2.79 Cr | 0.51% |
| S.P. Apparels Ltd | Equity | ₹2.74 Cr | 0.50% |
| Shriram Finance Ltd | Equity | ₹2.64 Cr | 0.48% |
| SBI Life Insurance Co Ltd | Equity | ₹2.63 Cr | 0.48% |
| 07.63 MH Sdl 2036 | Bond - Gov't/Treasury | ₹2.58 Cr | 0.47% |
| Acutaas Chemicals Ltd | Equity | ₹2.57 Cr | 0.47% |
| KEI Industries Ltd | Equity | ₹2.57 Cr | 0.47% |
| INOX India Ltd | Equity | ₹2.55 Cr | 0.46% |
| Maruti Suzuki India Ltd | Equity | ₹2.54 Cr | 0.46% |
| Persistent Systems Ltd | Equity | ₹2.53 Cr | 0.46% |
| Tega Industries Ltd | Equity | ₹2.5 Cr | 0.45% |
| 6.68% Govt Stock 2040 | Bond - Gov't/Treasury | ₹2.44 Cr | 0.44% |
| JK Cement Ltd | Equity | ₹2.42 Cr | 0.44% |
| Future on Bank of Baroda | Equity - Future | ₹-2.39 Cr | 0.43% |
| Bank of Baroda | Equity | ₹2.37 Cr | 0.43% |
| Gland Pharma Ltd | Equity | ₹2.36 Cr | 0.43% |
| Technocraft Industries (India) Ltd | Equity | ₹2.29 Cr | 0.42% |
| Kirloskar Brothers Ltd | Equity | ₹2.29 Cr | 0.41% |
| Carborundum Universal Ltd | Equity | ₹2.23 Cr | 0.40% |
| Oil & Natural Gas Corp Ltd | Equity | ₹2.22 Cr | 0.40% |
| Coal India Ltd | Equity | ₹2.21 Cr | 0.40% |
| Voltas Ltd | Equity | ₹2.11 Cr | 0.38% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹2.03 Cr | 0.37% |
| Indian Oil Corp Ltd | Equity | ₹2.02 Cr | 0.37% |
| Cube Highways TRust | Bond - Corporate Bond | ₹2.02 Cr | 0.37% |
| Power Grid Corp Of India Ltd | Equity | ₹1.97 Cr | 0.36% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-1.93 Cr | 0.35% |
| Afcons Infrastructure Ltd | Equity | ₹1.92 Cr | 0.35% |
| REC Ltd | Equity | ₹1.89 Cr | 0.34% |
| Archean Chemical Industries Ltd | Equity | ₹1.68 Cr | 0.31% |
| ISGEC Heavy Engineering Ltd | Equity | ₹1.55 Cr | 0.28% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-0.56 Cr | 0.10% |
| Hindustan Petroleum Corp Ltd | Equity | ₹0.56 Cr | 0.10% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-0.23 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
33.22%
Mid Cap Stocks
3.50%
Small Cap Stocks
7.88%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹134.81 Cr | 24.47% |
| Basic Materials | ₹60.76 Cr | 11.03% |
| Consumer Cyclical | ₹42.61 Cr | 7.73% |
| Industrials | ₹32.03 Cr | 5.81% |
| Energy | ₹30.66 Cr | 5.56% |
| Healthcare | ₹27.92 Cr | 5.07% |
| Technology | ₹15.72 Cr | 2.85% |
| Consumer Defensive | ₹12.81 Cr | 2.32% |
| Utilities | ₹10.2 Cr | 1.85% |
| Communication Services | ₹9.48 Cr | 1.72% |
Risk & Performance Ratios
Standard Deviation
This fund
4.93%
Cat. avg.
4.36%
Lower the better
Sharpe Ratio
This fund
0.90
Cat. avg.
0.72
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.21
Higher the better
Fund Managers
RP
Rahul Pal
Since February 2017
RR
Renjith Radhakrishnan
Since July 2023
NM
Navin Matta
Since December 2025
Additional Scheme Detailsas of 30th November 2025
ISIN INF174V01184 | Expense Ratio 0.71% | Exit Load 1.00% | Fund Size ₹551 Cr | Age 8 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Equity Savings 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 Equity Savings Funds
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹32,765 Cr
Address
570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
Other Funds by Mahindra Manulife Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Equity Savings Fund Direct Growth?
The NAV of Mahindra Manulife Equity Savings Fund Direct Growth, as of 11-Dec-2025, is ₹24.80.
What are the returns of Mahindra Manulife Equity Savings Fund Direct Growth?
The fund has generated 6.95% over the last 1 year and 11.38% 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 Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 44.52% in equities, 12.33% in bonds, and 43.15% in cash and cash equivalents.
Who manages the Mahindra Manulife Equity Savings Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Equity Savings Fund Direct Growth are:-
- Rahul Pal
- Renjith Radhakrishnan
- Navin Matta
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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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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.
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