Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹873 Cr
Expense Ratio
0.66%
ISIN
INF174V01CC2
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
24 Jun 2024
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹9.62, Assets Under Management (AUM) of 873.49 Crores, and an expense ratio of 0.66%.
- Mahindra Manulife Manufacturing Fund Direct Growth has given a CAGR return of -3.77% since inception.
- The fund's asset allocation comprises around 96.28% in equities, 0.00% in debts, and 3.72% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Manufacturing 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.
Since Inception
-3.77%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹841.03 Cr | 96.28% |
| Others | ₹32.46 Cr | 3.72% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Mahindra & Mahindra Ltd | Equity | ₹34.54 Cr | 3.95% |
| Reliance Industries Ltd | Equity | ₹34.24 Cr | 3.92% |
| Deepak Fertilisers & Petrochemicals Corp Ltd | Equity | ₹27.01 Cr | 3.09% |
| Triparty Repo | Cash - Repurchase Agreement | ₹26.46 Cr | 3.03% |
| Divi's Laboratories Ltd | Equity | ₹24.99 Cr | 2.86% |
| Bharat Electronics Ltd | Equity | ₹24.71 Cr | 2.83% |
| PTC Industries Ltd | Equity | ₹22.29 Cr | 2.55% |
| Shriram Pistons & Rings Ltd | Equity | ₹21.96 Cr | 2.51% |
| Hindustan Unilever Ltd | Equity | ₹21.13 Cr | 2.42% |
| Hindalco Industries Ltd | Equity | ₹21.03 Cr | 2.41% |
| Oil & Natural Gas Corp Ltd | Equity | ₹20.83 Cr | 2.38% |
| Kirloskar Brothers Ltd | Equity | ₹20.42 Cr | 2.34% |
| Samvardhana Motherson International Ltd | Equity | ₹19.78 Cr | 2.26% |
| Schaeffler India Ltd | Equity | ₹19.69 Cr | 2.25% |
| Tata Steel Ltd | Equity | ₹19.6 Cr | 2.24% |
| Larsen & Toubro Ltd | Equity | ₹18.93 Cr | 2.17% |
| Technocraft Industries (India) Ltd | Equity | ₹18.83 Cr | 2.16% |
| Vesuvius India Ltd | Equity | ₹18.69 Cr | 2.14% |
| Hero MotoCorp Ltd | Equity | ₹17.24 Cr | 1.97% |
| Bajaj Auto Ltd | Equity | ₹17.21 Cr | 1.97% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹17.11 Cr | 1.96% |
| Craftsman Automation Ltd | Equity | ₹16.99 Cr | 1.95% |
| Tega Industries Ltd | Equity | ₹15.91 Cr | 1.82% |
| Archean Chemical Industries Ltd | Equity | ₹15.29 Cr | 1.75% |
| Grasim Industries Ltd | Equity | ₹15.27 Cr | 1.75% |
| NTPC Ltd | Equity | ₹14.98 Cr | 1.71% |
| Steel Authority Of India Ltd | Equity | ₹14.08 Cr | 1.61% |
| Afcons Infrastructure Ltd | Equity | ₹13.47 Cr | 1.54% |
| APL Apollo Tubes Ltd | Equity | ₹12.99 Cr | 1.49% |
| ITC Ltd | Equity | ₹12.96 Cr | 1.48% |
| Hindustan Petroleum Corp Ltd | Equity | ₹12.74 Cr | 1.46% |
| Triveni Turbine Ltd | Equity | ₹12.72 Cr | 1.46% |
| Shree Cement Ltd | Equity | ₹12.06 Cr | 1.38% |
| Tata Motors Ltd | Equity | ₹11.94 Cr | 1.37% |
| ISGEC Heavy Engineering Ltd | Equity | ₹10.67 Cr | 1.22% |
| INOX India Ltd | Equity | ₹10.67 Cr | 1.22% |
| Asahi India Glass Ltd | Equity | ₹10.47 Cr | 1.20% |
| Fine Organic Industries Ltd Ordinary Shares | Equity | ₹10.45 Cr | 1.20% |
| Ceat Ltd | Equity | ₹10.28 Cr | 1.18% |
| S.P. Apparels Ltd | Equity | ₹10.27 Cr | 1.18% |
| Thejo Engineering Ltd | Equity | ₹10.16 Cr | 1.16% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹9.93 Cr | 1.14% |
| Godrej Consumer Products Ltd | Equity | ₹9.85 Cr | 1.13% |
| State Bank of India | Equity | ₹9.5 Cr | 1.09% |
| Balrampur Chini Mills Ltd | Equity | ₹9.44 Cr | 1.08% |
| Kirloskar Ferrous Industries Ltd | Equity | ₹9.44 Cr | 1.08% |
| Bosch Ltd | Equity | ₹9.17 Cr | 1.05% |
| GAIL (India) Ltd | Equity | ₹9.11 Cr | 1.04% |
| LMW Ltd | Equity | ₹9.04 Cr | 1.04% |
| Siemens Ltd | Equity | ₹8.95 Cr | 1.02% |
| Havells India Ltd | Equity | ₹8.78 Cr | 1.01% |
| Coal India Ltd | Equity | ₹8.74 Cr | 1.00% |
| Carborundum Universal Ltd | Equity | ₹8.5 Cr | 0.97% |
| Aditya Vision Ltd | Equity | ₹8.22 Cr | 0.94% |
| Varun Beverages Ltd | Equity | ₹7.71 Cr | 0.88% |
| Disa India Ltd | Equity | ₹6.97 Cr | 0.80% |
| Siemens Engy Ind | Equity | ₹6.79 Cr | 0.78% |
| NOCIL Ltd | Equity | ₹6.26 Cr | 0.72% |
| Net Receivables / (Payables) | Cash | ₹6 Cr | 0.69% |
Allocation By Market Cap (Equity)
Large Cap Stocks
47.89%
Mid Cap Stocks
8.19%
Small Cap Stocks
39.42%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹249.15 Cr | 28.52% |
| Consumer Cyclical | ₹217.7 Cr | 24.92% |
| Basic Materials | ₹154.04 Cr | 17.64% |
| Energy | ₹76.55 Cr | 8.76% |
| Consumer Defensive | ₹61.1 Cr | 7.00% |
| Healthcare | ₹42.1 Cr | 4.82% |
| Utilities | ₹24.09 Cr | 2.76% |
| Financial Services | ₹9.5 Cr | 1.09% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Manish Lodha
Since June 2024
Renjith Radhakrishnan
Since June 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF174V01CC2 | Expense Ratio | 0.66% | Exit Load | No Charges | Fund Size | ₹873 Cr | Age | 11 months | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | S&P BSE India Manufacturing 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 - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Nifty India Tourism ETF Very High Risk | - | - | - | - |
| Motilal Oswal Nifty India Manufacturing ETF Very High Risk | - | - | ₹5.27 Cr | - |
| Motilal Oswal Services Fund Direct Growth Very High Risk | - | 1.0% | - | - |
| Motilal Oswal Services Fund Regular Growth Very High Risk | - | 1.0% | - | - |
| ICICI Prudential Quality Fund Direct Growth Very High Risk | - | 1.0% | ₹1801.45 Cr | - |
| ICICI Prudential Quality Fund Regular Growth Very High Risk | - | 1.0% | ₹1801.45 Cr | - |
| Motilal Oswal Nifty Capital Market ETF Very High Risk | 0.3% | - | ₹4.63 Cr | - |
| Mirae Asset BSE Select IPO ETF Very High Risk | 0.2% | - | ₹18.06 Cr | - |
| Mirae Asset BSE Select IPO ETF Fund of Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹9.66 Cr | - |
| Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk | 0.2% | 0.0% | ₹9.66 Cr | - |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Mahindra Manulife Manufacturing Fund Direct Growth?
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Who manages the Mahindra Manulife Manufacturing Fund Direct Growth?
- Manish Lodha
- Renjith Radhakrishnan
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