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Mahindra Manulife Mutual Fund

AUM
₹32,929.93 cr.
No. of Schemes
76
AMC Age
10Yrs
Mahindra Manulife Mutual Fund, a collaboration between Mahindra Finance and Manulife Investment Management, offers diverse investment solutions. They Mahindra Manulife Mutual Fund, a collaboration between Mahindra Finance and Manulife Investment Management, offers diverse investment solutions. They offer several mutual fund schemes to cater to various investor preferences.Read More

List of Top Mahindra Manulife Mutual Fund Schemes

Fund Name
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Expenses Ratio
1y Return
3Y Returns
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Fund Size (in Cr)

About Mahindra Manulife Mutual Fund

Mahindra Manulife Investment Management Private Limited is a joint venture between Mahindra Finance and Manulife Investment Management, combining the former's strength in the domestic market and successful business-building track record with the latter's global wealth and asset management capabilities and experience in serving the needs of Asian consumers across different markets. The joint venture aims to offer a wide range of investment solutions across India, with a particular focus on semi-urban areas.

The company also boasts a strong distribution network that allows it to reach a broad range of customers across the country. With these capabilities and a unique blend of expertise,  Mahindra Manulife Investment Management Private Limited is well-positioned to provide its customers with high-quality, comprehensive investment solutions to suit their needs.

Mahindra Mutual Fund offers a robust portfolio of 21 schemes, with 9 equity, 6 debt, and 4 hybrid funds managed by 8 fund managers. The schemes are spread across different categories, providing customers with a wide range of investment options to choose from. With an AUM of ₹12,581.74 crores as of September 2023, Mahindra Mutual Fund is one of the leading players in the Indian mutual fund industry, offering customers high-quality investment solutions that meet their diverse needs.

Mahindra Manulife Mutual Fund Key Information

Founding date 04-Feb-2016
AMC Incorporation date 20-Jun-2013
Headquarters in Mumbai
Name of the sponsors Mahindra and Mahindra Financial Services Ltd., Manulife Investment Management (Singapore) Pte. Ltd.
Trustee organisation Mahindra Manulife Trustee Pvt. Ltd. (Formerly Mahindra Trustee Company Pvt. Ltd.)
MD and CEO Mr Anthony Heredia
Chief Investment Officer Mr. Rahul Pal (debt) Mr. Krishna Sanghavi (equity)
Compliance Officer Mr Ravi Dayma

Mahindra Manulife Mutual Fund Managers

VJ

Vishal Jajoo

Fund Manager since Aug 2024 (2 years)

RS

Renjith Sivaram

Fund Manager since Jul 2024 (2 years)

KS

Krishna Sanghavi

Fund Manager since Aug 2023 (3 years)

RP

Rahul Pal

Fund Manager since Aug 2023 (3 years)

ML

Manish Lodha

Fund Manager since Jul 2024 (2 years)

How to Invest in Mahindra Manulife Mutual Fund via Angel One?

Investing in the Axis Mutual Fund is a hassle-free process when done through your Angel One account. You just have to follow these steps:

Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.

Note: In case you do not have an account with Angel One, you can open a demat account with us in under a few minutes by submitting the necessary documents.

Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:

  1. Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
  2. Analyse the fund’s past performance, tax incidence, and the sectors and companies in which it invests. You can also calculate the potential returns using the calculator.
  3. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
  4. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
  5. Consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.

  1. Decide whether you want to invest in a lump sum or via monthly SIP
  2. Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
  3. After placing the order, in the case of the SIP route of investment, you can create a mandate to make hassle-free future installments.

Documents Required To Invest in Mahindra Manulife Mutual Fund

Investing in Mahindra Manulife Mutual Fund through Angel One is a digitally streamlined experience. The KYC process is simple, requiring only essential documents:

  1. PAN Card Details (Compulsory)
  2. Personal Information (Full Name, Mobile Number, Email Address)
  3. We recommend using your Aadhar Card for Address Proof, both front and back sides.
  4. Bank Account Details, including a cancelled check if necessary
  5. Nominee details and FATCA Declarations

With Angel One, your KYC verification is a hassle-free procedure, ensuring efficient access to Mahindra Manulife Mutual Fund for both new and returning investors. You can count on our user-friendly platform to help you achieve your financial goals. Your KYC process will be completed in just 48-72 business hours, enabling you to initiate your mutual fund journey.

Top 10 Mahindra Manulife Mutual Funds to Invest in

Scheme Category AUM (in ₹ Cr) 3-Yr Returns (%) 1-Yr Return (%)
Mahindra Manulife Mid Cap Fund Equity 3,326.35 22.71 7.59
Mahindra Manulife Focused Fund Equity 1,883.51 19.85 7.41
Mahindra Manulife Multi Cap Fund Equity 5,010.74 17.90 3.83
Mahindra Manulife Consumption Fund Equity 434.80 16.70 6.04
Mahindra Manulife Aggressive Hybrid Fund Hybrid 1,523.64 16.04 11.62
Mahindra Manulife Flexi Cap Fund Equity 1,399.25 15.77 4.97
Mahindra Manulife Large & Mid Cap Fund Equity 2,563.83 15.18 -1.93
Mahindra Manulife ELSS Tax Saver Fund Equity 895.53 13.55 5.06
Mahindra Manulife Large Cap Fund Equity 586.71 12.75 7.06
Mahindra Manulife Balanced Advantage Fund Hybrid 880.38 12.72 4.31
  Note: All data is as of February  2025, and the selected funds have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

1. Mahindra Manulife Mid Cap Fund

The Mahindra Manulife Mid Cap Fund is an open-ended equity scheme that primarily invests in mid-cap companies with the potential for long-term growth. The fund aims to provide capital appreciation by focusing on a diversified portfolio of mid-sized enterprises across various sectors. Managed by Kirti Dalvi, Krishna Sanghavi, and Manish Lodha, the scheme is benchmarked against the NIFTY Midcap 150 Total Return Index. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment.

2. Mahindra Manulife Focused Fund

The Mahindra Manulife Focused Fund is an open-ended equity scheme investing in a concentrated portfolio of up to 30 stocks across market capitalisations. The fund seeks to achieve long-term capital appreciation by focusing on high-conviction investment ideas with strong growth potential. Managed by Krishna Sanghavi and Fatema Pacha, the scheme is benchmarked against the NIFTY 500 Total Return Index. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment.

3. Mahindra Manulife Multi Cap Fund

The Mahindra Manulife Multi Cap Fund is an open-ended equity scheme investing across large-cap, mid-cap, and small-cap stocks. The fund aims to provide long-term capital appreciation by capturing growth opportunities across various market capitalisations and sectors. Managed by Manish Lodha and Fatema Pacha, the scheme is benchmarked against the NIFTY 500 Multicap 50:25:25 Total Return Index. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment.

4. Mahindra Manulife Consumption Fund

The Mahindra Manulife Consumption Fund is an open-ended equity scheme investing predominantly in companies related to the consumption theme. The fund seeks to achieve long-term capital appreciation by identifying businesses that are expected to benefit from rising consumer demand and spending. Managed by Navin Matta and Fatema Pacha, the scheme is benchmarked against the NIFTY India Consumption Total Return Index. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment.

5. Mahindra Manulife Aggressive Hybrid Fund

The Mahindra Manulife Aggressive Hybrid Fund is an open-ended hybrid scheme investing predominantly in equity and equity-related instruments, with a smaller allocation to debt and money market instruments. The fund aims to provide long-term capital appreciation along with income generation by maintaining a balanced approach to risk and return. Managed by Fatema Pacha, Manish Lodha, Rahul Pal, and Amit Garg, the scheme is benchmarked against the CRISIL Hybrid 35+65 Aggressive Index. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment.

6. Mahindra Manulife Flexi Cap Fund

The Mahindra Manulife Flexi Cap Fund is an open-ended dynamic equity scheme investing across large-cap, mid-cap, and small-cap stocks. The fund seeks to provide long-term capital appreciation by identifying investment opportunities across different sectors and market capitalisations. Managed by Fatema Pacha and Manish Lodha, the scheme is benchmarked against the NIFTY 500 Total Return Index. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment.

7. Mahindra Manulife Large & Mid Cap Fund

The Mahindra Manulife Large & Mid Cap Fund is an open-ended equity scheme investing in both large-cap and mid-cap stocks. The fund aims to provide long-term capital appreciation by capturing growth opportunities across established and emerging companies. Managed by Manish Lodha, the scheme is benchmarked against the NIFTY LargeMidcap 250 Total Return Index. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment.

8. Mahindra Manulife ELSS Tax Saver Fund

The Mahindra Manulife ELSS Tax Saver Fund is an open-ended equity-linked savings scheme with a statutory lock-in period of 3 years, offering tax benefits under Section 80C of the Income Tax Act. The fund aims to provide long-term capital appreciation by investing predominantly in equity and equity-related instruments across market capitalisations. Managed by Fatema Pacha and Manish Lodha, the scheme is benchmarked against the NIFTY 500 Total Return Index. There is no exit load applicable, ensuring ease of redemption post the lock-in period.

9. Mahindra Manulife Large Cap Fund

The Mahindra Manulife Large Cap Fund is an open-ended equity scheme predominantly investing in large-cap companies. The fund aims to provide long-term capital appreciation by focusing on well-established companies with strong market presence and stable earnings. Managed by Fatema Pacha, the scheme is benchmarked against the NIFTY 100 Total Return Index. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment.

10. Mahindra Manulife Balanced Advantage Fund

The Mahindra Manulife Balanced Advantage Fund is an open-ended hybrid scheme that invests in a mix of equity and debt instruments. The fund aims to provide capital appreciation and income generation by dynamically adjusting the asset allocation between equity and fixed-income securities based on market conditions. Managed by Manish Lodha, Fatema Pacha, and Rahul Pal, the scheme is benchmarked against the CRISIL Hybrid 50+50 Moderate Index. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment.

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Mahindra Manulife Mutual Fund FAQs

You can start Mahindra Asset Management Company Private Ltd. (MAMCPL) SIP online on the go. Invest in Mahindra Asset Management Company Private Ltd. (MAMCPL) SIP online through the Angel One app or web platform for a hassle-free investing experience. Doing this will allow you to track all your investments in one place. Alternatively, you can visit the Mahindra Asset Management Company Private Ltd. (MAMCPL) official website to start a SIP online.

The best scheme in Mahindra Mutual Fund should align with your investment objectives and risk appetite. Here's what you can do:

  1. Read the fund's prospectus and other documents.
  2. Consider your investment goals
  3. Evaluate the performance of the scheme
  4. Understand the costs involved.
  5. Seek professional advice if needed

You can redeem your units at Mahindra Asset Management Company Private Ltd. (MAMCPL) in two ways - via AMC’s website and Angel One. For the latter route, head to the Mutual Funds section under the Angel One App or visit https://www.angelone.in/mutual-funds.

Not all schemes are tax-free. As with any other ELSS, the one offered by Mahindra Mutual Fund also comes with tax benefits. By investing in Mahindra Mutual Fund ELSS Schemes, you can claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year.
Mr Ramesh Iyer is the Vice Chairman and the Managing Director of Mahindra & Mahindra Financial Services Limited. He is also a member of the group executive board of Mahindra & Mahindra Limited.
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