Investment Objective and Approach

The investment objective of the Scheme is to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit from consumption led demand in India. The fund is mandated to invest at least 80 per cent of its assets in the shares of consumer-facing companies.

The fund follows a focused investment approach by targeting companies positioned to benefit from India's growing consumption story. This is a fund that invests mainly in the shares of consumer-facing companies. The strategy leverages India's demographic dividend and rising disposable incomes to capture growth opportunities across various consumption-driven sectors.

Key Investment Features:

- Minimum SIP Investment is set to ₹500

- Minimum Lumpsum Investment is ₹1,000

- The fund was launched on 13th November 2018

- The riskometer level is classified as Very High

Fund Managers

The fund is currently co-managed by experienced professionals:

Ms. Fatema Pacha

Ms Fatema Pacha holds a PGDBM (Finance) from SP Jain Institute of Management & Research, Mumbai and a BE (Computers) from Thadomal Shahani Engineering College, Mumbai. With more than 17 years of experience in equity research and fund management, she has been associated with many renowned companies, such as ICICI Prudential Life Insurance and UTI Mutual Fund. Ms. Fatema Pacha is managing this scheme since December 21, 2020.

Mr. Abhinav Khandelwal

Total Experience: 14 years, Experience in managing this fund: 1 year and 3 month (Managing since April 1, 2022) based on the June 2023 factsheet.

The fund management team brings combined expertise in equity research and consumption sector analysis, ensuring informed investment decisions aligned with the fund's thematic focus.

About the Fund House (AMC)

Mahindra Manulife Mutual Fund represents a strategic partnership combining Indian market expertise with global investment management capabilities. Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd. joined hands together to bring Mahindra Manulife Mutual Funds into the Indian mutual fund market.

Key Highlights:

- According to the latest available financial data, Mahindra Manulife Mutual Funds has an AUM of over Rs 19091.98 crore (as on Mar 2024)

- With a customer-centric approach and a brilliant track record of fulfilling customer goals, the entity has been one of the top-notch members of the industry

- Mahindra Manulife Mutual Funds brings forth a diverse set of mutual funds, including multi-cap, large-cap, mid-cap, flexi-cap, small-cap, aggressive hybrid, ELSS, etc

The AMC leverages the financial services expertise of Mahindra Group and the global asset management experience of Manulife to deliver comprehensive investment solutions across market segments.

Should I Invest in Mahindra Manulife Consumption Fund?

This fund is suitable for investors seeking exposure to India's consumption growth story with a long-term investment horizon. However, several factors need consideration:

Positive Aspects:

- The fund has delivered strong returns since inception - 12.25% for regular plan and 15.30% for direct plan

- Focused theme capturing India's consumption-led economic growth

- Experienced fund management team with sector expertise

- The fund's annualized returns for the past 3 years & 5 years has been around 11.32% & 13.4%

Risk Considerations:

- Experts believe that investors should avoid funds that have a narrowly defined investment mandate such as this one

- Very High risk classification on the riskometer

- Warning: Do not invest in this, or any other consumption-themed fund, if you need to redeem your investment in less than five years

Investment Recommendation:

The fund is appropriate for investors with high risk tolerance and long-term investment horizon (minimum 5 years). If you do invest, you must do so only through the SIP route to benefit from rupee cost averaging and reduce volatility impact.

FAQs

What is today's NAV of Mahindra Manulife Consumption Fund?

The NAV varies between regular and direct plans. Latest NAV for the fund is ₹25.07 as of 10th July 2025, though NAVs are updated daily and vary by plan type.

What is the AUM of Mahindra Manulife Consumption Fund?

The AUM (assets under management) of Mahindra Manulife Consumption Fund is ₹513.13 Cr as of 10th July 2025.

What is the expense ratio of Mahindra Manulife Consumption Fund?

The expense ratio of the regular plan is 2.38, while the direct plan has an expense ratio of 0.64.

What are the returns of Mahindra Manulife Consumption Fund since inception?

The regular plan has delivered 12.25% returns since inception, while the direct plan has delivered 15.30% returns since inception.

What is the minimum SIP amount to invest in Mahindra Manulife Consumption Fund?

The minimum SIP amount is ₹500, making it accessible for retail investors to start systematic investing.

How do I invest in Mahindra Manulife Consumption Fund?

You can invest through Allvest platform online, directly from the fund house website, or through authorized mutual fund distributors. The fund can be purchased from the website of Mahindra Manulife Mutual Fund.

How to start a SIP in Mahindra Manulife Consumption Fund?

Visit Allvest, complete your KYC, select the fund, choose SIP option, set the monthly amount (minimum ₹500), and set up auto-debit instructions for seamless investing.

How do I automate an SIP in Mahindra Manulife Consumption Fund?

Set up auto-debit mandate through Allvest platform or your bank for automatic monthly deductions. This ensures consistent investing without manual intervention each month.

How can I withdraw/redeem my investment in Mahindra Manulife Consumption Fund?

Submit redemption request through Allvest or the fund house. Note that there's an exit load of 1%, if redeemed within 3 months from investment date.