Investment Objective and Approach

The investment objective of the Scheme is to seek to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies. The fund is an open ended equity scheme predominantly investing in mid cap stocks.

The fund was launched on 30th January 2018 and follows a focused investment strategy targeting mid-cap companies with strong growth potential. The fund is benchmarked to NIFTY Midcap 150 Total Return Index. The fund maintains a disciplined approach to stock selection, focusing on quality companies in the mid-cap segment that offer sustainable growth prospects.

Key investment features include:

- Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00

- Equity allocation of 96.61% with 3.39% in Cash related instruments

- Recommended investment horizon of 5-7 years

- Rated Very High risk

Fund Managers

The fund is managed by a team of experienced professionals:

Current Fund Managers:

- Krishna Sanghavi, Kirti Dalvi, and Manish Lodha

- Manish Lodha has been managing this fund since December 21, 2020

- Krishna Sanghavi joined as Fund Manager on 24 October 2024

- Kirti Dalvi joined as Fund Manager on 3 December 2024

The fund managers bring extensive experience from leading financial institutions including Canara Robeco AMC, Kotak Mahindra AMC Ltd, Aviva Life Insurance Company Ltd, and have expertise in Portfolio Management and Equity Research.

About the Fund House (AMC)

Mahindra Manulife Mutual Fund represents a collaboration between Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Ltd (MIMS). Mahindra & Mahindra Financial Services Limited, a key player in India's non-banking finance sector and a part of the Mahindra Group, partnered with MIMS, a member of the Manulife Financial group of companies.

MIMS, with a robust presence in Singapore, handles retail fund schemes, institutional client mandates, and manages assets on behalf of its insurance affiliate. As of December 2023, the fund house reports total assets under management (AUM) reaching approximately Rs. 15,320 crores.

Mahindra Manulife mutual fund is one of the best mutual fund investment companies in India, offering a variety of mutual fund schemes and SIP options. The partnership combines Mahindra Group's deep understanding of the Indian market with Manulife's global investment management expertise.

Should I Invest in Mahindra Manulife Mid Cap Fund?

Key Financial Metrics (as of recent dates):

- AUM: ₹3,921 Cr as of August 2025

- Current NAV: ₹37.29

- Expense Ratio: 0.48% (lower than category average of 1.16%)

- CAGR return of 18.57% since inception

- Returns: -2.76% (1 year), 25.54% (3 years), 28.98% (5 years)

Investment Considerations:

Positives:

- One of the lowest expense ratios in the mid-cap category

- Outperformed benchmark over 3Y and 5Y periods

- Experienced fund management team with proven track record

- Strong AUM growth of 4.5% in the last month

Risk Factors:

- Mid-cap funds tend to fall more when stock prices fall and experience more severe ups and downs compared to large-cap funds

- Not suitable for investors who need to redeem investment in less than seven years

- Underperformed benchmark over 1Y period

Tax Implications:

- For investments held over 1 year: gains up to Rs 1.25 lakh are tax-exempt, gains above this are taxed at 12.5%

- For investments held less than 1 year: entire gains taxed at 20%

The fund is suitable for investors with a long-term investment horizon seeking capital appreciation through mid-cap equity exposure and comfortable with higher volatility.

FAQs

What is today's NAV of Mahindra Manulife Mid Cap Fund?

The current NAV is ₹37.29. NAV changes daily based on market conditions and is updated after market hours.

What is the AUM of Mahindra Manulife Mid Cap Fund?

The fund has ₹3,921 Cr worth of assets under management as of August 2025.

What is the expense ratio of Mahindra Manulife Mid Cap Fund?

The expense ratio is 0.48%, which is lower than the category average of 1.16%.

What are the returns of Mahindra Manulife Mid Cap Fund since inception?

The fund has delivered a CAGR return of 18.57% since inception.

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

The minimum SIP amount is INR 500.

How do I invest in Mahindra Manulife Mid Cap Fund?

You can invest through Allvest platform, the fund house website, or other registered distributors. Complete your KYC, select the investment amount, and choose between SIP or lumpsum options.

How to start a SIP in Mahindra Manulife Mid Cap Fund?

Register with Allvest, complete KYC verification, select the fund, choose SIP frequency (monthly/quarterly), set the investment amount (minimum ₹500), and set up auto-debit instructions.

How do I automate an SIP in Mahindra Manulife Mid Cap Fund?

Set up auto-debit mandate with your bank through Allvest platform. This ensures automatic monthly investments without manual intervention, providing systematic investment discipline.

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

Log into your Allvest account, go to your portfolio, select the fund, choose redemption amount (partial or full), and submit the request. Funds are typically credited within 2-3 working days.