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Fund Overview

Fund Size

Fund Size

₹291 Cr

Expense Ratio

Expense Ratio

0.42%

ISIN

ISIN

INF174V01BW2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

13 Mar 2024

About this fund

This fund has been in existence for 2 months and 14 days, having been launched on 13-Mar-24.
As of 24-May-24, it has a Net Asset Value (NAV) of ₹10.67, Assets Under Management (AUM) of 290.93 Crores, and an expense ratio of 0.42%.
  • Mahindra Manulife Multi Asset Allocation Fund Direct Growth has given a CAGR return of 6.74% since inception.
  • The fund's asset allocation comprises around 42.22% in equities, 33.39% in debts, and 7.71% in cash & cash equivalents.
  • You can start investing in Mahindra Manulife Multi Asset Allocation 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

+6.74%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity122.84 Cr42.22%
Debt97.15 Cr33.39%
Others70.93 Cr24.38%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Pru Gold ETFMutual Fund - ETF28.09 Cr9.65%
7.18% Govt Stock 2037Bond - Gov't/Treasury24.88 Cr8.55%
Nippon India Silver ETFMutual Fund - ETF21.49 Cr7.39%
7.32% Govt Stock 2030Bond - Gov't/Treasury20.12 Cr6.92%
Triparty RepoCash - Repurchase Agreement17.81 Cr6.12%
Kotak Mahindra Investments Limited 8.3721%Bond - Corporate Bond10.06 Cr3.46%
National Bank for Agriculture and Rural Development 7.68%Bond - Gov't Agency Debt9.98 Cr3.43%
Cholamandalam Investment And Fin. Co. LtdBond - Corporate Bond9.94 Cr3.42%
Brookfield India Real Estate TrustBond - Asset Backed7.2 Cr2.48%
State Bank of IndiaEquity5.45 Cr1.87%
ICICI Bank LtdEquity5.36 Cr1.84%
NTPC LtdEquity5.28 Cr1.82%
Bharti Telecom LimitedBond - Corporate Bond5 Cr1.72%
7.18% Govt Stock 2033Bond - Gov't/Treasury4.99 Cr1.72%
Godrej Industries LimitedBond - Corporate Bond4.99 Cr1.71%
IndusInd Bank LtdEquity4.03 Cr1.39%
Divi's Laboratories LtdEquity3.84 Cr1.32%
Larsen & Toubro LtdEquity3.79 Cr1.30%
Net Receivables / (Payables)Cash3.54 Cr1.22%
ITC LtdEquity3.38 Cr1.16%
Infosys LtdEquity2.97 Cr1.02%
Hindustan Petroleum Corp LtdEquity2.93 Cr1.01%
REC LtdEquity2.74 Cr0.94%
Hindalco Industries LtdEquity2.69 Cr0.93%
Canara BankEquity2.67 Cr0.92%
Coromandel International LtdEquity2.65 Cr0.91%
Tech Mahindra LtdEquity2.6 Cr0.89%
Maruti Suzuki India LtdEquity2.59 Cr0.89%
Tata Consumer Products LtdEquity2.59 Cr0.89%
Reliance Industries LtdEquity2.57 Cr0.88%
Tata Steel LtdEquity2.57 Cr0.88%
HDFC Bank LtdEquity2.57 Cr0.88%
Coal India LtdEquity2.53 Cr0.87%
Bharat Forge LtdEquity2.53 Cr0.87%
L&T Finance LtdEquity2.52 Cr0.87%
Bharti Hexacom LtdEquity2.51 Cr0.86%
Oil India LtdEquity2.5 Cr0.86%
Aditya Vision LtdEquity2.4 Cr0.83%
Hero MotoCorp LtdEquity2.32 Cr0.80%
Kotak Mahindra Bank LtdEquity2.24 Cr0.77%
ISGEC Heavy Engineering LtdEquity2.03 Cr0.70%
JK Cement LtdEquity1.92 Cr0.66%
Triveni Engineering & Industries LtdEquity1.91 Cr0.66%
SBI Life Insurance Company LimitedEquity1.89 Cr0.65%
Indraprastha Gas LtdEquity1.88 Cr0.65%
Wipro LtdEquity1.62 Cr0.56%
Nitin Spinners LtdEquity1.61 Cr0.55%
Gujarat State Petronet LtdEquity1.61 Cr0.55%
Petronet LNG LtdEquity1.55 Cr0.53%
Indus Towers Ltd Ordinary SharesEquity1.55 Cr0.53%
Carborundum Universal LtdEquity1.52 Cr0.52%
L.G.Balakrishnan & Bros LtdEquity1.51 Cr0.52%
PNC Infratech LtdEquity1.5 Cr0.52%
Voltas LtdEquity1.47 Cr0.51%
Kirloskar Brothers LtdEquity1.44 Cr0.49%
S.P. Apparels LtdEquity1.43 Cr0.49%
Dabur India LtdEquity1.42 Cr0.49%
TD Power Systems LtdEquity1.41 Cr0.49%
Syrma SGS Technology LtdEquity1.4 Cr0.48%
CESC LtdEquity1.4 Cr0.48%
Archean Chemical Industries LtdEquity1.4 Cr0.48%
Escorts Kubota LtdEquity1.36 Cr0.47%
Ratnamani Metals & Tubes LtdEquity1.35 Cr0.47%
Shree Cement LtdEquity1.29 Cr0.44%
Grasim Industries LtdEquity1.29 Cr0.44%
Cyient LtdEquity1.23 Cr0.42%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services29.47 Cr10.13%
Industrials15.77 Cr5.42%
Basic Materials15.17 Cr5.21%
Consumer Cyclical14.4 Cr4.95%
Energy12.08 Cr4.15%
Utilities10.17 Cr3.50%
Consumer Defensive9.29 Cr3.19%
Technology8.6 Cr2.95%
Communication Services4.07 Cr1.40%
Healthcare3.84 Cr1.32%

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

RP

Rahul Pal

Since March 2024

RR

Renjith Radhakrishnan

Since March 2024

PP

Pranav Patel

Since March 2024

Additional Scheme Detailsas of 30th April 2024

ISININF174V01BW2Expense Ratio0.42%Exit LoadNo ChargesFund Size₹291 CrAge13 Mar 2024Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Composite Bond 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Nippon India Multi Asset fund Direct Growth

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ICICI Prudential Multi-Asset Fund Regular Growth

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Risk Level

Your principal amount will be at High Risk

High Risk
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The NAV of Mahindra Manulife Multi Asset Allocation Fund Direct Growth, as of 24-May-2024, is ₹10.67.
The fund's allocation of assets is distributed as 42.22% in equities, 33.39% in bonds, and 7.71% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Multi Asset Allocation Fund Direct Growth are:-
  1. Rahul Pal
  2. Renjith Radhakrishnan
  3. Pranav Patel