Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk
Allocation
Equity Savings

NAV as on May 5, 2025

Price per unit of the scheme.

₹ 23.22440.18%1 Day Change

2.38%

Minimum Investment₹1000

Expense Ratio0.72%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Mahindra Manulife Equity Savings Fund Direct Growth

Allocation: Equity Savings Average NAV

Topper in Allocation: Equity Savings

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Mahindra Manulife Equity Savings Fund Direct Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

NIFTY Equity Savings TR INR

Expense Ratio

0.72%

Category Avg Expense Ratio

0.74%

Minimum Investment (Lumpsum/SIP)

₹ 1000 /₹ 1500

Lock In (Years)

No Lock-in

Fund Size

₹ 557.01 Cr(As on Mar, 2025)

Inception Date

Feb 01, 2017

Turnover

382.00 %

Exit Load

An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 15 calendar days from the date of allotment of Units; • Nil - If Units are redeemed / switchedout after completion of 15 calendar days from the date of allotment of Unit

ABOUT THE FUND

Objective: The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Mahindra Manulife Equity Savings Fund Direct Growth is an Allocation - Equity Savings fund. The fund was launched inFeb 01, 2017. Its risk level is . The NAV of the fund as onMay 05, 2025 is ₹23.22. Its expense ratio is 0.72 %. The fund has an AUM of ₹557.01 Cr.The fund is managed byRahul Pal,Kush Sonigara,Manish Lodha,Renjith Sivaram,Pranav Patel.
The minimum initial investment is ₹1000 in Lumpsum mode.

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FUND MANAGER

Rahul Pal

Lead Fund Manager.

Feb 1, 2017 - Present

Schemes managed10
Total AUM₹ 5,309.25 Cr
Highest Return In 1 Yr13.27 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mahindra Manulife Ultra Short Duration Fund Direct Growth

₹ 1,394.17

0.63%

0.54%

Moderate Risk

₹217.41Cr

Mahindra Manulife Short Duration Fund Direct Growth

₹ 13.18

1.07%

1.00%

Moderate Risk

₹75.10Cr

Mahindra Manulife Liquid Fund Direct Plan Growth

₹ 1,700.46

0.52%

0.46%

Low to Moderate Risk

₹1,025.78Cr

Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

NAV₹ 1,394.17
Fund Size₹217.41Cr

Fund Return0.63%

Category Return0.54%

Mahindra Manulife Short Duration Fund Direct Growth

Moderate Risk--

NAV₹ 13.18
Fund Size₹75.10Cr

Fund Return1.07%

Category Return1.00%

Mahindra Manulife Liquid Fund Direct Plan Growth

Low to Moderate Risk--

NAV₹ 1,700.46
Fund Size₹1,025.78Cr

Fund Return0.52%

Category Return0.46%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Kush Sonigara

Lead Fund Manager.

Jul 3, 2023 - Present

Schemes managed3
Total AUM₹ 655.93 Cr
Highest Return In 1 Yr11.00 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mahindra Manulife Short Duration Fund Direct Growth

₹ 13.18

1.07%

1.00%

Moderate Risk

₹75.10Cr

Mahindra Manulife Equity Savings Fund Direct Growth

₹ 23.22

2.38%

2.35%

Moderately High risk

₹557.01Cr

Mahindra Manulife Asia Pacific REITs FOF Direct Growth

₹ 8.88

2.24%

Very High Risk

₹23.82Cr

Mahindra Manulife Short Duration Fund Direct Growth

Moderate Risk--

NAV₹ 13.18
Fund Size₹75.10Cr

Fund Return1.07%

Category Return1.00%

Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk

NAV₹ 23.22
Fund Size₹557.01Cr

Fund Return2.38%

Category Return2.35%

Mahindra Manulife Asia Pacific REITs FOF Direct Growth

Very High Risk--

NAV₹ 8.88
Fund Size₹23.82Cr

Fund Return2.24%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Manish Lodha

Lead Fund Manager.

Dec 21, 2020 - Present

Schemes managed10
Total AUM₹ 19,548.45 Cr
Highest Return In 1 Yr13.27 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mahindra Manulife Small Cap Fund Direct Growth

₹ 18.28

4.13%

4.73%

Very High Risk

₹3,463.73Cr

Mahindra Manulife Multi Cap Fund Direct Plan Growth

₹ 38.30

6.36%

6.01%

Very High Risk

₹4,883.18Cr

Mahindra Manulife Flexi Cap Fund Direct Growth

₹ 16.71

6.98%

6.19%

Very High Risk

₹1,401.56Cr

Mahindra Manulife Small Cap Fund Direct Growth

Very High Risk--

NAV₹ 18.28
Fund Size₹3,463.73Cr

Fund Return4.13%

Category Return4.73%

Mahindra Manulife Multi Cap Fund Direct Plan Growth

Very High Risk

NAV₹ 38.30
Fund Size₹4,883.18Cr

Fund Return6.36%

Category Return6.01%

Mahindra Manulife Flexi Cap Fund Direct Growth

Very High Risk--

NAV₹ 16.71
Fund Size₹1,401.56Cr

Fund Return6.98%

Category Return6.19%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Renjith Sivaram

Lead Fund Manager.

Jul 3, 2023 - Present

Schemes managed1
Total AUM₹ 557.01 Cr
Highest Return In 1 Yr6.99 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mahindra Manulife Equity Savings Fund Direct Growth

₹ 23.22

2.38%

2.35%

Moderately High risk

₹557.01Cr

Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk

NAV₹ 23.22
Fund Size₹557.01Cr

Fund Return2.38%

Category Return2.35%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Pranav Patel

Lead Fund Manager.

Jan 5, 2024 - Present

Schemes managed3
Total AUM₹ 655.93 Cr
Highest Return In 1 Yr11.00 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mahindra Manulife Asia Pacific REITs FOF Direct Growth

₹ 8.88

2.24%

Very High Risk

₹23.82Cr

Mahindra Manulife Short Duration Fund Direct Growth

₹ 13.18

1.07%

1.00%

Moderate Risk

₹75.10Cr

Mahindra Manulife Equity Savings Fund Direct Growth

₹ 23.22

2.38%

2.35%

Moderately High risk

₹557.01Cr

Mahindra Manulife Asia Pacific REITs FOF Direct Growth

Very High Risk--

NAV₹ 8.88
Fund Size₹23.82Cr

Fund Return2.24%

Category Return--

Mahindra Manulife Short Duration Fund Direct Growth

Moderate Risk--

NAV₹ 13.18
Fund Size₹75.10Cr

Fund Return1.07%

Category Return1.00%

Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk

NAV₹ 23.22
Fund Size₹557.01Cr

Fund Return2.38%

Category Return2.35%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Mar, 2025

EQUITY (36.22%)

DEBT (19.76%)

CASH (44.01%)

Allocation by Market Cap

Large Cap(29.08%)

Mid Cap(4.64%)

Small Cap(5.88%)

Industry Holdings

Banks Regional23.15%
Building Materials9.57%
Oil Gas Refining Marketing7.25%
Credit Services7.03%
Information Technology Services6.64%
Drug Manufacturers Specialty Generic6.37%

Stock Holdings

HDFC Bank Ltd5.30%
Future on Ambuja Cements Ltd5.24%
Ambuja Cements Ltd5.22%
Reliance Industries Ltd4.56%
ICICI Bank Ltd4.36%
Bajaj Finance Ltd4.06%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
--
This Fund
VS
--
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
--
This Fund
VS
--
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
--
This Fund
VS
--
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.65
This Fund
VS
0.58
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.06
This Fund
VS
0.96
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
5.73
This Fund
VS
4.96
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Mahindra Manulife Investment Management Pvt. Ltd.

Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth ₹ 27,600.09 crores. It’s current offering of mutual fund schemes includes 13 equity, 4 debt and 4 hybrid schemes.

Phone

022-66327900

mfinvestors@mahindra.com

AUM

₹ 27,600.09 Cr (

As on Mar 31, 2025

)

Address

570 P. B. Marg, Worli, Mumbai 400018 Mumbai,400018

FAQ's

What is the category of Mahindra Manulife Equity Savings Fund Direct Growth ?

The category of Mahindra Manulife Equity Savings Fund Direct Growth is Allocation - Equity Savings

What is the current NAV of Mahindra Manulife Equity Savings Fund Direct Growth ?

The current NAV of Mahindra Manulife Equity Savings Fund Direct Growth as on May 05, 2025 is ₹23.22

How safe is Mahindra Manulife Equity Savings Fund Direct Growth ?

The risk level of Mahindra Manulife Equity Savings Fund Direct Growth is Moderately High.

What are short term returns given by Mahindra Manulife Equity Savings Fund Direct Growth ?

The return given by Mahindra Manulife Equity Savings Fund Direct Growth in 1 month is 2.38%, 3 months is 1.55%, 6 months is 1.48%, and 1 year is 6.99%

What are the long term returns given by Mahindra Manulife Equity Savings Fund Direct Growth ?

The return given by Mahindra Manulife Equity Savings Fund Direct Growth in 3 years is 10.99% and 5 years is 15.54%.

What is the expense ratio of Mahindra Manulife Equity Savings Fund Direct Growth ?

The expense ratio of Mahindra Manulife Equity Savings Fund Direct Growth is 0.72%

What is the AUM of Mahindra Manulife Equity Savings Fund Direct Growth ?

The assets under Management (AUM) of Mahindra Manulife Equity Savings Fund Direct Growth is Rs 557.01 crores.

What is the minimum investment in Mahindra Manulife Equity Savings Fund Direct Growth ?

The minimum Lumpsum investment in Mahindra Manulife Equity Savings Fund Direct Growth is ₹1,000.00 and the minimum SIP investment in Mahindra Manulife Equity Savings Fund Direct Growth is ₹1,500.00

What is the asset allocation of Mahindra Manulife Equity Savings Fund Direct Growth?

Mahindra Manulife Equity Savings Fund Direct Growth has an exposure of 36.22% in Equity, 19.76% in Debt and 44.01% in Cash & Money Market Securities