Fund Overview
Fund Size
₹4,131 Cr
Expense Ratio
0.25%
ISIN
INF174V01BK7
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
14 Dec 2022
About this fund
Mahindra Manulife Small Cap Fund Direct Growth is a Small-Cap mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 1 years, 7 months and 12 days, having been launched on 14-Dec-22.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹20.55, Assets Under Management (AUM) of 4131.27 Crores, and an expense ratio of 0.25%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹20.55, Assets Under Management (AUM) of 4131.27 Crores, and an expense ratio of 0.25%.
- Mahindra Manulife Small Cap Fund Direct Growth has given a CAGR return of 56.06% since inception.
- The fund's asset allocation comprises around 92.91% in equities, 0.00% in debts, and 7.09% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Small Cap 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
+65.48%
+48.58% (Cat Avg.)
Since Inception
+56.06%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹3,838.53 Cr | 92.91% |
| Others | ₹292.74 Cr | 7.09% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Triparty Repo | Cash - Repurchase Agreement | ₹270.66 Cr | 5.92% |
| Century Textiles & Industries Ltd | Equity | ₹138.93 Cr | 3.04% |
| GAIL (India) Ltd | Equity | ₹131.73 Cr | 2.88% |
| CESC Ltd | Equity | ₹121.3 Cr | 2.66% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹110.71 Cr | 2.42% |
| Apar Industries Ltd | Equity | ₹110.24 Cr | 2.41% |
| Grasim Industries Ltd | Equity | ₹106.28 Cr | 2.33% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹101.75 Cr | 2.23% |
| Reliance Industries Ltd | Equity | ₹93.92 Cr | 2.06% |
| Anant Raj Ltd | Equity | ₹92.12 Cr | 2.02% |
| Kirloskar Oil Engines Ltd | Equity | ₹91.95 Cr | 2.01% |
| Minda Corp Ltd | Equity | ₹90.82 Cr | 1.99% |
| Birlasoft Ltd | Equity | ₹89.74 Cr | 1.96% |
| Godrej Industries Ltd | Equity | ₹89.57 Cr | 1.96% |
| Bharat Bijlee Ltd | Equity | ₹85.3 Cr | 1.87% |
| Firstsource Solutions Ltd | Equity | ₹83.98 Cr | 1.84% |
| United Spirits Ltd | Equity | ₹76.59 Cr | 1.68% |
| REC Ltd | Equity | ₹75.92 Cr | 1.66% |
| Emami Ltd | Equity | ₹75.82 Cr | 1.66% |
| Central Depository Services (India) Ltd | Equity | ₹69.47 Cr | 1.52% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹68.46 Cr | 1.50% |
| Granules India Ltd | Equity | ₹67.67 Cr | 1.48% |
| Thomas Cook India Ltd | Equity | ₹67.59 Cr | 1.48% |
| ICICI Securities Ltd | Equity | ₹66.3 Cr | 1.45% |
| Sanghvi Movers Ltd | Equity | ₹66.18 Cr | 1.45% |
| Varroc Engineering Ltd Ordinary Shares | Equity | ₹66.11 Cr | 1.45% |
| INOX India Ltd | Equity | ₹65.72 Cr | 1.44% |
| Cyient Ltd | Equity | ₹64.3 Cr | 1.41% |
| PCBL Ltd | Equity | ₹64.05 Cr | 1.40% |
| Arvind Ltd | Equity | ₹62.91 Cr | 1.38% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹62.2 Cr | 1.36% |
| Piramal Pharma Ltd | Equity | ₹61.32 Cr | 1.34% |
| Electronics Mart India Ltd | Equity | ₹59.52 Cr | 1.30% |
| MOIL Ltd | Equity | ₹59.32 Cr | 1.30% |
| Steel Authority Of India Ltd | Equity | ₹57.23 Cr | 1.25% |
| Jyothy Labs Ltd | Equity | ₹56.11 Cr | 1.23% |
| Texmaco Rail & Engineering Ltd | Equity | ₹55.45 Cr | 1.21% |
| NLC India Ltd | Equity | ₹54.11 Cr | 1.18% |
| Birla Corp Ltd | Equity | ₹53.52 Cr | 1.17% |
| Net Receivables / (Payables) | Cash - Collateral | ₹53.06 Cr | 1.16% |
| KEI Industries Ltd | Equity | ₹53 Cr | 1.16% |
| Kalpataru Projects International Ltd | Equity | ₹52.91 Cr | 1.16% |
| ICRA Ltd | Equity | ₹51.7 Cr | 1.13% |
| Aadhar Housing Finance Ltd | Equity | ₹50.89 Cr | 1.11% |
| Finolex Industries Ltd | Equity | ₹50.08 Cr | 1.10% |
| Tega Industries Ltd | Equity | ₹48.74 Cr | 1.07% |
| Great Eastern Shipping Co Ltd | Equity | ₹47.43 Cr | 1.04% |
| Voltamp Transformers Ltd | Equity | ₹44.98 Cr | 0.98% |
| BEML Ltd | Equity | ₹44.38 Cr | 0.97% |
| Triveni Engineering & Industries Ltd | Equity | ₹44.13 Cr | 0.97% |
| Kirloskar Brothers Ltd | Equity | ₹43.09 Cr | 0.94% |
| Titagarh Rail Systems Ltd | Equity | ₹42.78 Cr | 0.94% |
| Natco Pharma Ltd | Equity | ₹40.65 Cr | 0.89% |
| Lakshmi Machine Works Ltd | Equity | ₹39.92 Cr | 0.87% |
| Kaynes Technology India Ltd | Equity | ₹39.73 Cr | 0.87% |
| Kirloskar Ferrous Industries Ltd | Equity | ₹38.03 Cr | 0.83% |
| Sula Vineyards Ltd | Equity | ₹37.65 Cr | 0.82% |
| D B Corp Ltd | Equity | ₹36.79 Cr | 0.81% |
| Nitin Spinners Ltd | Equity | ₹35.95 Cr | 0.79% |
| Gateway Distriparks Ltd | Equity | ₹34.79 Cr | 0.76% |
| Aarti Industries Ltd | Equity | ₹34.31 Cr | 0.75% |
| Sobha Ltd | Equity | ₹34.17 Cr | 0.75% |
| Archean Chemical Industries Ltd | Equity | ₹33.45 Cr | 0.73% |
| Orient Cement Ltd | Equity | ₹31.91 Cr | 0.70% |
| Triveni Turbine Ltd | Equity | ₹31.03 Cr | 0.68% |
| Kolte-Patil Developers Ltd | Equity | ₹30.35 Cr | 0.66% |
| Asahi India Glass Ltd | Equity | ₹26.27 Cr | 0.58% |
| eClerx Services Ltd | Equity | ₹24.67 Cr | 0.54% |
| Safari Industries (India) Ltd | Equity | ₹23.58 Cr | 0.52% |
| Karnataka Bank Ltd | Equity | ₹22.4 Cr | 0.49% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹20.61 Cr | 0.45% |
| The South Indian Bank Ltd | Equity | ₹15.15 Cr | 0.33% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹12.91 Cr | 0.28% |
| Kajaria Ceramics Ltd | Equity | ₹7.49 Cr | 0.16% |
| Gujarat Industries Power Co Ltd | Equity | ₹2.93 Cr | 0.06% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50) | Equity | ₹1 Cr | 0.02% |
| Sobha Limited | Equity | ₹0.66 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
10.63%
Mid Cap Stocks
6.33%
Small Cap Stocks
74.83%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹1,247.07 Cr | 27.30% |
| Basic Materials | ₹580.01 Cr | 12.70% |
| Financial Services | ₹453.58 Cr | 9.93% |
| Consumer Cyclical | ₹453.36 Cr | 9.92% |
| Consumer Defensive | ₹352.5 Cr | 7.72% |
| Utilities | ₹310.08 Cr | 6.79% |
| Healthcare | ₹238.11 Cr | 5.21% |
| Technology | ₹211.31 Cr | 4.63% |
| Real Estate | ₹156.63 Cr | 3.43% |
| Communication Services | ₹147.5 Cr | 3.23% |
| Energy | ₹93.92 Cr | 2.06% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
14.83%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.24
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.44
Higher the better
Fund Managers
ML
Manish Lodha
Since December 2022
AK
Abhinav Khandelwal
Since December 2022
Additional Scheme Detailsas of 30th June 2024
ISIN | INF174V01BK7 | Expense Ratio | 0.25% | Exit Load | 1.00% | Fund Size | ₹4,131 Cr | Age | 14 Dec 2022 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | S&P BSE 250 SmallCap Index 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
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.
Similar Small-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Small Cap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30835.87 Cr | 40.9% |
| PGIM India Small Cap Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹1508.52 Cr | 32.4% |
| PGIM India Small Cap Fund Regular Growth Very High Risk | 2.1% | 0.0% | ₹1508.52 Cr | 30.4% |
| HDFC Nifty Smallcap 250 ETF Very High Risk | 0.2% | - | ₹252.96 Cr | 57.4% |
| Sundaram Small Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3331.22 Cr | 41.2% |
| Bandhan Emerging Businesses Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹5880.18 Cr | 73.2% |
| Bandhan Emerging Businesses Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹5880.18 Cr | 70.7% |
| Quant Small Cap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹22967.17 Cr | 59.4% |
| Axis Small Cap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹22262.42 Cr | 38.7% |
| Axis Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹22262.42 Cr | 40.2% |
About the AMC
Total AUM
₹4,47,798 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Mahindra Manulife Small Cap Fund Direct Growth?
The NAV of Mahindra Manulife Small Cap Fund Direct Growth, as of 25-Jul-2024, is ₹20.55.
What is the portfolio composition of Mahindra Manulife Small Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 92.91% in equities, 0.00% in bonds, and 7.09% in cash and cash equivalents.
Who manages the Mahindra Manulife Small Cap Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Small Cap Fund Direct Growth are:-
- Manish Lodha
- Abhinav Khandelwal
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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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.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.