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Fund Overview

Fund Size

Fund Size

₹873 Cr

Expense Ratio

Expense Ratio

0.66%

ISIN

ISIN

INF174V01CC2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

24 Jun 2024

About this fund

This fund has been in existence for 11 months and 26 days, having been launched on 24-Jun-24.
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

Equity841.03 Cr96.28%
Others32.46 Cr3.72%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Mahindra & Mahindra LtdEquity34.54 Cr3.95%
Reliance Industries LtdEquity34.24 Cr3.92%
Deepak Fertilisers & Petrochemicals Corp LtdEquity27.01 Cr3.09%
Triparty RepoCash - Repurchase Agreement26.46 Cr3.03%
Divi's Laboratories LtdEquity24.99 Cr2.86%
Bharat Electronics LtdEquity24.71 Cr2.83%
PTC Industries LtdEquity22.29 Cr2.55%
Shriram Pistons & Rings LtdEquity21.96 Cr2.51%
Hindustan Unilever LtdEquity21.13 Cr2.42%
Hindalco Industries LtdEquity21.03 Cr2.41%
Oil & Natural Gas Corp LtdEquity20.83 Cr2.38%
Kirloskar Brothers LtdEquity20.42 Cr2.34%
Samvardhana Motherson International LtdEquity19.78 Cr2.26%
Schaeffler India LtdEquity19.69 Cr2.25%
Tata Steel LtdEquity19.6 Cr2.24%
Larsen & Toubro LtdEquity18.93 Cr2.17%
Technocraft Industries (India) LtdEquity18.83 Cr2.16%
Vesuvius India LtdEquity18.69 Cr2.14%
Hero MotoCorp LtdEquity17.24 Cr1.97%
Bajaj Auto LtdEquity17.21 Cr1.97%
Sun Pharmaceuticals Industries LtdEquity17.11 Cr1.96%
Craftsman Automation LtdEquity16.99 Cr1.95%
Tega Industries LtdEquity15.91 Cr1.82%
Archean Chemical Industries LtdEquity15.29 Cr1.75%
Grasim Industries LtdEquity15.27 Cr1.75%
NTPC LtdEquity14.98 Cr1.71%
Steel Authority Of India LtdEquity14.08 Cr1.61%
Afcons Infrastructure LtdEquity13.47 Cr1.54%
APL Apollo Tubes LtdEquity12.99 Cr1.49%
ITC LtdEquity12.96 Cr1.48%
Hindustan Petroleum Corp LtdEquity12.74 Cr1.46%
Triveni Turbine LtdEquity12.72 Cr1.46%
Shree Cement LtdEquity12.06 Cr1.38%
Tata Motors LtdEquity11.94 Cr1.37%
ISGEC Heavy Engineering LtdEquity10.67 Cr1.22%
INOX India LtdEquity10.67 Cr1.22%
Asahi India Glass LtdEquity10.47 Cr1.20%
Fine Organic Industries Ltd Ordinary SharesEquity10.45 Cr1.20%
Ceat LtdEquity10.28 Cr1.18%
S.P. Apparels LtdEquity10.27 Cr1.18%
Thejo Engineering LtdEquity10.16 Cr1.16%
L.G.Balakrishnan & Bros LtdEquity9.93 Cr1.14%
Godrej Consumer Products LtdEquity9.85 Cr1.13%
State Bank of IndiaEquity9.5 Cr1.09%
Balrampur Chini Mills LtdEquity9.44 Cr1.08%
Kirloskar Ferrous Industries LtdEquity9.44 Cr1.08%
Bosch LtdEquity9.17 Cr1.05%
GAIL (India) LtdEquity9.11 Cr1.04%
LMW LtdEquity9.04 Cr1.04%
Siemens LtdEquity8.95 Cr1.02%
Havells India LtdEquity8.78 Cr1.01%
Coal India LtdEquity8.74 Cr1.00%
Carborundum Universal LtdEquity8.5 Cr0.97%
Aditya Vision LtdEquity8.22 Cr0.94%
Varun Beverages LtdEquity7.71 Cr0.88%
Disa India LtdEquity6.97 Cr0.80%
Siemens Engy IndEquity6.79 Cr0.78%
NOCIL LtdEquity6.26 Cr0.72%
Net Receivables / (Payables)Cash6 Cr0.69%

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

SectorAmount sortHoldings sort
Industrials249.15 Cr28.52%
Consumer Cyclical217.7 Cr24.92%
Basic Materials154.04 Cr17.64%
Energy76.55 Cr8.76%
Consumer Defensive61.1 Cr7.00%
Healthcare42.1 Cr4.82%
Utilities24.09 Cr2.76%
Financial Services9.5 Cr1.09%

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

ML

Manish Lodha

Since June 2024

RR

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 ObjectiveInvestment 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 nameExpense RatioExit LoadFund 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

Very High Risk
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The NAV of Mahindra Manulife Manufacturing Fund Direct Growth, as of 18-Jun-2025, is ₹9.62.
The fund's allocation of assets is distributed as 96.28% in equities, 0.00% in bonds, and 3.72% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Manufacturing Fund Direct Growth are:-
  1. Manish Lodha
  2. Renjith Radhakrishnan