Mahindra Manulife Focused Fund Direct Growth

Fund Overview

Fund Size

₹2,109 Cr

Expense Ratio

0.78%

ISIN

INF174V01AG7

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

17 Nov 2020

About this fund

Mahindra Manulife Focused Fund Direct Growth is a Focused Fund mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 5 years, 10 months and 6 days, having been launched on 17-Nov-20.
As of 22-Sep-26, it has a Net Asset Value (NAV) of ₹28.76, Assets Under Management (AUM) of 2108.86 Crores, and an expense ratio of 0.78%.

Mahindra Manulife Focused Fund Direct Growth has given a CAGR return of 19.79% since inception.
The fund's asset allocation comprises around 97.09% in equities, 0.00% in debts, and 2.91% in cash & cash equivalents.
You can start investing in Mahindra Manulife Focused 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

-1.25%

+1.08% (Cat Avg.)

3 Years

+13.09%

+11.96% (Cat Avg.)

5 Years

+13.38%

+10.34% (Cat Avg.)

Since Inception

+19.79%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2026

Equity	₹2,047.4 Cr	97.09%
Others	₹61.46 Cr	2.91%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹190.5 Cr	9.03%
Reliance Industries Ltd	Equity	₹132.98 Cr	6.31%
State Bank of India	Equity	₹110.03 Cr	5.22%
Larsen & Toubro Ltd	Equity	₹107.8 Cr	5.11%
Grasim Industries Ltd	Equity	₹102.95 Cr	4.88%
Axis Bank Ltd	Equity	₹98.8 Cr	4.68%
Bajaj Auto Ltd	Equity	₹97.04 Cr	4.60%
Bajaj Finance Ltd	Equity	₹91.64 Cr	4.35%
Tech Mahindra Ltd	Equity	₹75.7 Cr	3.59%
HDFC Bank Ltd	Equity	₹73.38 Cr	3.48%
IndusInd Bank Ltd	Equity	₹68.62 Cr	3.25%
Sun Pharmaceuticals Industries Ltd	Equity	₹66.49 Cr	3.15%
Avenue Supermarts Ltd	Equity	₹66.3 Cr	3.14%
NTPC Ltd	Equity	₹60.47 Cr	2.87%
Adani Ports & Special Economic Zone Ltd	Equity	₹60.22 Cr	2.86%
Vodafone Idea Ltd	Equity	₹59.67 Cr	2.83%
Biocon Ltd	Equity	₹59.53 Cr	2.82%
Triparty Repo	Cash - Repurchase Agreement	₹59.15 Cr	2.81%
Infosys Ltd	Equity	₹53.99 Cr	2.56%
JSW Steel Ltd	Equity	₹53.88 Cr	2.55%
Elgi Equipments Ltd	Equity	₹45.36 Cr	2.15%
DLF Ltd	Equity	₹43.67 Cr	2.07%
Dr Reddy's Laboratories Ltd	Equity	₹43.29 Cr	2.05%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹41.1 Cr	1.95%
Ramco Cements Ltd	Equity	₹40.73 Cr	1.93%
Trent Ltd	Equity	₹40.61 Cr	1.93%
Indus Towers Ltd Ordinary Shares	Equity	₹35.14 Cr	1.67%
InterGlobe Aviation Ltd	Equity	₹34.02 Cr	1.61%
Piramal Finance Ltd	Equity	₹33.69 Cr	1.60%
SBI Funds Management Ltd	Equity	₹31.19 Cr	1.48%
Coal India Ltd	Equity	₹28.6 Cr	1.36%
Net Receivables / (Payables)	Cash - Collateral	₹1.95 Cr	0.09%
Margin Placed With Ccil & Arcl	Cash - Repurchase Agreement	₹0.35 Cr	0.02%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹697.86 Cr	33.09%
Industrials	₹288.5 Cr	13.68%
Basic Materials	₹197.56 Cr	9.37%
Healthcare	₹169.31 Cr	8.03%
Energy	₹161.58 Cr	7.66%
Consumer Cyclical	₹137.65 Cr	6.53%
Technology	₹129.69 Cr	6.15%
Communication Services	₹94.81 Cr	4.50%
Consumer Defensive	₹66.3 Cr	3.14%
Utilities	₹60.47 Cr	2.87%
Real Estate	₹43.67 Cr	2.07%

Risk & Performance Ratios

Fund Managers

Krishna Sanghavi

Since November 2020

Fatema Pacha

Since December 2020

Additional Scheme Detailsas of 31st August 2026

ISIN

INF174V01AG7

Expense Ratio

0.78%

Exit Load

1.00%

Fund Size

₹2,109 Cr

Age

5 years 10 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 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 Focused Fund Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Old Bridge Focused Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹4354.21 Cr	15.4%
Old Bridge Focused Equity Fund Regular Growth Very High Risk	2.1%	1.0%	₹4354.21 Cr	14.1%
Mirae Asset Focused Fund Regular Growth Very High Risk	1.6%	1.0%	₹6751.88 Cr	-4.1%
Mirae Asset Focused Fund Direct Growth Very High Risk	0.6%	1.0%	₹6751.88 Cr	-3.0%
ITI Focused Equity Fund Regular Growth Very High Risk	2.6%	0.0%	₹628.60 Cr	5.1%
ITI Focused Equity Fund Direct Growth Very High Risk	0.9%	0.0%	₹628.60 Cr	7.0%
SBI Focused Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹51247.73 Cr	10.0%
Sundaram Focused Fund Direct Growth Very High Risk	1.1%	0.0%	₹1096.80 Cr	1.9%
Bandhan Focused Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹2086.13 Cr	5.4%
Nippon India Focused Equity Fund Direct Growth Very High Risk	1.4%	1.0%	₹8650.81 Cr	-0.4%
JM Focused Fund Direct Growth Very High Risk	1.3%	1.0%	₹292.80 Cr	1.5%
Canara Robeco Focused Equity Fund Regular Growth Very High Risk	2.2%	1.0%	₹2919.63 Cr	-4.2%
Canara Robeco Focused Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹2919.63 Cr	-2.8%
Invesco India Focused 20 Equity Fund Direct Growth Very High Risk	0.7%	1.0%	₹6453.55 Cr	3.4%
Invesco India Focused 20 Equity Fund Regular Growth Very High Risk	1.9%	1.0%	₹6453.55 Cr	2.1%
Nippon India Focused Equity Fund Regular Growth Very High Risk	2.0%	1.0%	₹8650.81 Cr	-1.1%
LIC MF Focused 30 Equity Direct Growth Very High Risk	2.7%	1.0%	₹175.27 Cr	2.1%
LIC MF Focused 30 Equity Regular Growth Very High Risk	3.8%	1.0%	₹175.27 Cr	0.9%
UTI Focused Equity Fund Regular Growth Very High Risk	2.3%	1.0%	₹2487.33 Cr	-3.4%
UTI Focused Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹2487.33 Cr	-2.1%
HSBC Focused Fund Direct Growth Very High Risk	1.0%	1.0%	₹1843.06 Cr	8.5%
HSBC Focused Fund Regular Growth Very High Risk	2.2%	1.0%	₹1843.06 Cr	7.2%
Motilal Oswal Focused Fund Regular Growth Very High Risk	2.8%	1.0%	₹1827.16 Cr	24.3%
Motilal Oswal Focused Fund Direct Growth Very High Risk	1.7%	1.0%	₹1827.16 Cr	25.7%
Axis Focused 25 Fund Regular Growth Very High Risk	1.9%	1.0%	₹11424.21 Cr	-0.5%
Franklin India Focused Equity Fund Regular Growth Very High Risk	1.9%	1.0%	₹11506.08 Cr	-10.1%
ICICI Prudential Focused Equity Fund Direct Growth Very High Risk	1.2%	1.0%	₹17948.79 Cr	-0.3%
Axis Focused 25 Fund Direct Growth Very High Risk	1.1%	1.0%	₹11424.21 Cr	0.4%
Aditya Birla Sun Life Focused Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹7971.40 Cr	1.9%
Quant Focused fund Direct Growth Very High Risk	1.9%	1.0%	₹850.20 Cr	8.7%
DSP Focus Fund Direct Growth Very High Risk	1.1%	1.0%	₹2671.23 Cr	-0.6%
Franklin India Focused Equity Fund Direct Growth Very High Risk	1.2%	1.0%	₹11506.08 Cr	-9.4%
HDFC Focused 30 Fund Direct Growth Very High Risk	0.8%	1.0%	₹28200.67 Cr	-1.8%
Edelweiss Focused Equity Fund Regular Growth Very High Risk	2.3%	1.0%	₹1050.43 Cr	-1.6%
Edelweiss Focused Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹1050.43 Cr	-0.1%
Baroda BNP Paribas Focused Fund Regular Growth Very High Risk	2.4%	1.0%	₹659.97 Cr	-3.8%
Baroda BNP Paribas Focused Fund Direct Growth Very High Risk	0.6%	1.0%	₹659.97 Cr	-2.1%
JM Focused Fund Regular Growth Very High Risk	2.9%	1.0%	₹292.80 Cr	-0.1%
Mahindra Manulife Focused Fund Regular Growth Very High Risk	2.2%	1.0%	₹2108.86 Cr	-2.7%
Mahindra Manulife Focused Fund Direct Growth Very High Risk	0.8%	1.0%	₹2108.86 Cr	-1.2%
Sundaram Focused Fund Regular Growth Very High Risk	1.9%	0.0%	₹1096.80 Cr	0.9%
Aditya Birla Sun Life Focused Equity Fund Regular Growth Very High Risk	1.9%	1.0%	₹7971.40 Cr	0.9%
Bandhan Focused Equity Fund Regular Growth Very High Risk	2.3%	1.0%	₹2086.13 Cr	4.1%
SBI Focused Equity Fund Regular Growth Very High Risk	1.6%	0.0%	₹51247.73 Cr	9.2%
Quant Focused fund Regular Growth Very High Risk	3.4%	1.0%	₹850.20 Cr	7.1%
HDFC Focused 30 Fund Regular Growth Very High Risk	1.7%	1.0%	₹28200.67 Cr	-2.7%
ICICI Prudential Focused Equity Fund Regular Growth Very High Risk	2.2%	1.0%	₹17948.79 Cr	-1.3%
360 ONE Focused Equity Fund Direct Growth Very High Risk	0.9%	0.0%	₹6800.15 Cr	3.7%
360 ONE Focused Equity Fund Regular Growth Very High Risk	1.8%	0.0%	₹6800.15 Cr	2.7%
Union Focused Fund Regular Growth Very High Risk	2.1%	1.0%	₹462.18 Cr	4.2%

About the AMC

Mahindra Manulife Mutual Fund

022-66327900

https://www.mahindramanulife.com/

Total AUM

₹37,731 Cr

Address

570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018

Other Funds by Mahindra Manulife Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mahindra Manulife Innovation Opportunities Fund Direct Growth Very High Risk	0.9%	0.0%	₹262.96 Cr	-
Mahindra Manulife Income Plus Arbitrage Active FOF Direct Growth Moderate Risk	0.2%	0.0%	₹12.78 Cr	-
Mahindra Manulife Banking & Financial Services Fund Direct Growth Very High Risk	1.2%	0.0%	₹477.42 Cr	8.2%
Mahindra Manulife Value Fund Direct Growth Very High Risk	1.1%	0.0%	₹1028.62 Cr	9.6%
Mahindra Manulife Manufacturing Fund Direct Growth Very High Risk	1.2%	0.0%	₹684.43 Cr	8.2%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth Very High Risk	0.6%	0.0%	₹1234.81 Cr	11.9%
Mahindra Manulife Business Cycle Fund Direct Growth Very High Risk	0.9%	1.0%	₹1364.42 Cr	6.1%
Mahindra Manulife Large Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹695.06 Cr	-5.6%
Mahindra Manulife Liquid Fund Direct Growth Moderate Risk	0.1%	0.0%	₹1392.28 Cr	6.5%
Mahindra Manulife Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2929.22 Cr	4.9%
Mahindra Manulife ELSS Fund Direct Growth Very High Risk	1.2%	0.0%	₹894.74 Cr	-5.9%
Mahindra Manulife Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹76.89 Cr	5.2%
Mahindra Manulife Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹5467.66 Cr	16.4%
Mahindra Manulife Flexi Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹1589.55 Cr	-2.8%
Mahindra Manulife Consumption Fund Direct Growth Very High Risk	1.1%	1.0%	₹489.39 Cr	-6.8%
Mahindra Manulife Focused Fund Direct Growth Very High Risk	0.8%	1.0%	₹2108.86 Cr	-1.2%
Mahindra Manulife Asia Pacific REITs FOF Direct Growth Very High Risk	0.5%	1.0%	₹41.50 Cr	4.7%
Mahindra Manulife Equity Savings Fund Direct Growth Moderately High risk	1.3%	1.0%	₹530.31 Cr	5.4%
Mahindra Manulife Multi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹7662.34 Cr	12.3%
Mahindra Manulife Dynamic Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹49.18 Cr	5.4%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹221.94 Cr	6.7%
Mahindra Manulife Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹81.27 Cr	6.0%
Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹5406.37 Cr	9.0%
Mahindra Manulife Arbitrage Fund Direct Growth Low Risk	1.2%	0.0%	₹134.02 Cr	6.2%
Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹534.58 Cr	6.5%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth Very High Risk	1.0%	1.0%	₹2790.82 Cr	-2.9%
Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk	0.9%	1.0%	₹922.99 Cr	3.7%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
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What is the current NAV of Mahindra Manulife Focused Fund Direct Growth?

The NAV of Mahindra Manulife Focused Fund Direct Growth, as of 22-Sep-2026, is ₹28.76.

What are the returns of Mahindra Manulife Focused Fund Direct Growth?

The fund has generated -1.25% over the last 1 year and 13.09% 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 Focused Fund Direct Growth?

The fund's allocation of assets is distributed as 97.09% in equities, 0.00% in bonds, and 2.91% in cash and cash equivalents.

Who manages the Mahindra Manulife Focused Fund Direct Growth?

The fund managers responsible for Mahindra Manulife Focused Fund Direct Growth are:-

Krishna Sanghavi
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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Mahindra Manulife Focused Fund Direct Growth

Fund Overview